north bay leisure limited
north bay leisure limited Company Information
Company Number
05281702
Next Accounts
Sep 2025
Shareholders
shorewood leisure group ltd
Group Structure
View All
Industry
Camping grounds, recreational vehicle parks and trailer parks
+1Registered Address
marton hall church lane, sewerby, bridlington, east yorkshire, YO15 1DS
Website
www.northbayleisurepark.comnorth bay leisure limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH BAY LEISURE LIMITED at £3.6m based on a Turnover of £2.6m and 1.38x industry multiple (adjusted for size and gross margin).
north bay leisure limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH BAY LEISURE LIMITED at £4.9m based on an EBITDA of £929.7k and a 5.31x industry multiple (adjusted for size and gross margin).
north bay leisure limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH BAY LEISURE LIMITED at £22.7m based on Net Assets of £7.6m and 2.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
North Bay Leisure Limited Overview
North Bay Leisure Limited is a live company located in bridlington, YO15 1DS with a Companies House number of 05281702. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in November 2004, it's largest shareholder is shorewood leisure group ltd with a 100% stake. North Bay Leisure Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
North Bay Leisure Limited Health Check
Pomanda's financial health check has awarded North Bay Leisure Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£3.9m)
- North Bay Leisure Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 88%, show it is growing at a faster rate (12.5%)
- North Bay Leisure Limited
12.5% - Industry AVG
Production
with a gross margin of 68.1%, this company has a comparable cost of product (68.1%)
- North Bay Leisure Limited
68.1% - Industry AVG
Profitability
an operating margin of 25.9% make it more profitable than the average company (10.7%)
- North Bay Leisure Limited
10.7% - Industry AVG
Employees
with 16 employees, this is below the industry average (36)
16 - North Bay Leisure Limited
36 - Industry AVG
Pay Structure
on an average salary of £23.4k, the company has an equivalent pay structure (£23.4k)
- North Bay Leisure Limited
£23.4k - Industry AVG
Efficiency
resulting in sales per employee of £161.3k, this is more efficient (£86.2k)
- North Bay Leisure Limited
£86.2k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (10 days)
- North Bay Leisure Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (73 days)
- North Bay Leisure Limited
73 days - Industry AVG
Stock Days
it holds stock equivalent to 239 days, this is more than average (84 days)
- North Bay Leisure Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (25 weeks)
72 weeks - North Bay Leisure Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.9%, this is a lower level of debt than the average (52.3%)
21.9% - North Bay Leisure Limited
52.3% - Industry AVG
NORTH BAY LEISURE LIMITED financials
North Bay Leisure Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £7.6 million. According to their latest financial statements, North Bay Leisure Limited has 16 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,268,259 | 2,587,505 | |||||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 1,776,848 | 1,247,955 | |||||||||||||
| Gross Profit | 1,491,411 | 1,339,550 | |||||||||||||
| Admin Expenses | 716,513 | 661,532 | |||||||||||||
| Operating Profit | 774,898 | 678,018 | |||||||||||||
| Interest Payable | 100,565 | 53,730 | |||||||||||||
| Interest Receivable | 0 | 0 | |||||||||||||
| Pre-Tax Profit | 674,333 | 624,288 | |||||||||||||
| Tax | -121,479 | -39,780 | |||||||||||||
| Profit After Tax | 552,854 | 584,508 | |||||||||||||
| Dividends Paid | 0 | 0 | |||||||||||||
| Retained Profit | 552,854 | 584,508 | |||||||||||||
| Employee Costs | 280,742 | 226,183 | |||||||||||||
| Number Of Employees | 16 | 17 | 16 | 12 | 14 | 12 | 13 | 11 | 9 | 9 | |||||
| EBITDA* | 954,869 | 832,898 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,189,073 | 5,120,351 | 5,242,098 | 5,176,180 | 5,203,770 | 5,155,008 | 4,958,867 | 4,957,267 | 4,972,660 | 4,929,597 | 8,023,263 | 7,997,013 | 7,863,121 | 7,747,593 | 10,559,212 |
| Intangible Assets | 72,544 | 145,044 | 217,544 | 290,044 | 362,544 | 435,044 | 507,544 | 580,044 | 652,544 | 725,044 | 797,500 | 870,000 | 942,500 | 1,015,000 | 1,087,500 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,261,617 | 5,265,395 | 5,459,642 | 5,466,224 | 5,566,314 | 5,590,052 | 5,466,411 | 5,537,311 | 5,625,204 | 5,654,641 | 8,820,763 | 8,867,013 | 8,805,621 | 8,762,593 | 11,646,712 |
| Stock & work in progress | 539,373 | 394,649 | 210,365 | 189,371 | 426,879 | 558,355 | 428,534 | 363,577 | 278,996 | 344,292 | 364,941 | 467,876 | 477,785 | 396,671 | 337,830 |
| Trade Debtors | 151,910 | 15,529 | 148,771 | 5,064 | 2,433 | 20,792 | 55,045 | 8,121 | 20,254 | 3,055 | 1,675,367 | 1,590,608 | 1,096,368 | 485,283 | 310,783 |
| Group Debtors | 715,060 | 692,035 | 692,288 | 703,396 | 734,954 | 666,520 | 746,762 | 761,078 | 743,666 | 1,605,567 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 108,703 | 106,507 | 89,165 | 53,305 | 87,932 | 87,526 | 95,090 | 42,071 | 46,189 | 38,953 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,985,439 | 2,791,689 | 1,620,419 | 2,155,957 | 1,226,240 | 1,948,360 | 2,087,304 | 1,711,881 | 1,185,540 | 561 | 471,764 | 700,202 | 688,003 | 815,341 | 327,252 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,500,485 | 4,000,409 | 2,761,008 | 3,107,093 | 2,478,438 | 3,281,553 | 3,412,735 | 2,886,728 | 2,274,645 | 1,992,428 | 2,512,072 | 2,758,686 | 2,262,156 | 1,697,295 | 975,865 |
| total assets | 9,762,102 | 9,265,804 | 8,220,650 | 8,573,317 | 8,044,752 | 8,871,605 | 8,879,146 | 8,424,039 | 7,899,849 | 7,647,069 | 11,332,835 | 11,625,699 | 11,067,777 | 10,459,888 | 12,622,577 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,419,497 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 261,972 | 73,161 | 84,582 | 48,967 | 101,504 | 152,663 | 112,713 | 179,140 | 176,407 | 78,435 | 6,354,677 | 7,045,947 | 1,796,958 | 1,797,069 | 1,583,824 |
| Group/Directors Accounts | 617,352 | 632,133 | 410,746 | 1,746,426 | 1,859,056 | 3,189,593 | 3,693,774 | 3,733,147 | 3,779,429 | 103,057 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,063 | 9,063 | 15,920 | 6,857 | 0 | 17,280 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,248,178 | 1,532,003 | 1,255,374 | 1,225,910 | 1,054,197 | 1,038,197 | 1,192,385 | 1,149,824 | 1,049,884 | 704,805 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,136,565 | 2,246,360 | 1,766,622 | 3,028,160 | 3,014,757 | 4,397,733 | 4,998,872 | 5,062,111 | 5,005,720 | 5,305,794 | 6,354,677 | 7,045,947 | 1,796,958 | 1,797,069 | 1,583,824 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,255,856 | 0 |
| hp & lease commitments | 0 | 9,063 | 18,125 | 6,782 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,255,856 | 0 | 5,255,856 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,401 | 35,041 | 36,233 | 37,126 | 21,537 |
| total long term liabilities | 0 | 9,063 | 18,125 | 6,782 | 0 | 0 | 0 | 0 | 0 | 0 | 24,401 | 35,041 | 5,292,089 | 5,292,982 | 5,277,393 |
| total liabilities | 2,136,565 | 2,255,423 | 1,784,747 | 3,034,942 | 3,014,757 | 4,397,733 | 4,998,872 | 5,062,111 | 5,005,720 | 5,305,794 | 6,379,078 | 7,080,988 | 7,089,047 | 7,090,051 | 6,861,217 |
| net assets | 7,625,537 | 7,010,381 | 6,435,903 | 5,538,375 | 5,029,995 | 4,473,872 | 3,880,274 | 3,361,928 | 2,894,129 | 2,341,275 | 4,953,757 | 4,544,711 | 3,978,730 | 3,369,837 | 5,761,360 |
| total shareholders funds | 7,625,537 | 7,010,381 | 6,435,903 | 5,538,375 | 5,029,995 | 4,473,872 | 3,880,274 | 3,361,928 | 2,894,129 | 2,341,275 | 4,953,757 | 4,544,711 | 3,978,730 | 3,369,837 | 5,761,360 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 774,898 | 678,018 | |||||||||||||
| Depreciation | 188,640 | 176,022 | 182,890 | 163,168 | 161,374 | 142,148 | 116,218 | 113,231 | 107,471 | 82,424 | 68,638 | 73,838 | 66,407 | 94,221 | 85,251 |
| Amortisation | 72,500 | 72,500 | 72,500 | 72,500 | 72,500 | 72,500 | 72,500 | 72,500 | 72,500 | 72,456 | 72,500 | 72,500 | 72,500 | 72,500 | 72,500 |
| Tax | -121,479 | -39,780 | |||||||||||||
| Stock | 144,724 | 184,284 | 20,994 | -237,508 | -131,476 | 129,821 | 64,957 | 84,581 | -65,296 | -20,649 | -102,935 | -9,909 | 81,114 | 58,841 | 337,830 |
| Debtors | 161,602 | -116,153 | 168,459 | -63,554 | 50,481 | -122,059 | 85,627 | 1,161 | -837,466 | -27,792 | 84,759 | 494,240 | 611,085 | 174,500 | 310,783 |
| Creditors | 188,811 | -11,421 | 35,615 | -52,537 | -51,159 | 39,950 | -66,427 | 2,733 | 97,972 | -6,276,242 | -691,270 | 5,248,989 | -111 | 213,245 | 1,583,824 |
| Accruals and Deferred Income | -283,825 | 276,629 | 29,464 | 171,713 | 16,000 | -154,188 | 42,561 | 99,940 | 345,079 | 704,805 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,401 | -10,640 | -1,192 | -893 | 15,589 | 21,537 |
| Cash flow from operations | 2,179,203 | -4,754,279 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -150,534 | -221,108 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -150,534 | -221,108 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -14,781 | 221,387 | -1,335,680 | -112,630 | -1,330,537 | -504,181 | -39,373 | -46,282 | 3,676,372 | 103,057 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,255,856 | 5,255,856 | 0 |
| Hire Purchase and Lease Commitments | -9,063 | -15,919 | 20,406 | 13,639 | -17,280 | 17,280 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,255,856 | 5,255,856 | -5,255,856 | 5,255,856 |
| share issue | |||||||||||||||
| interest | -100,565 | -53,730 | |||||||||||||
| cash flow from financing | 3,575,807 | -3,147,663 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 193,750 | 1,171,270 | -535,538 | 929,717 | -722,120 | -138,944 | 375,423 | 526,341 | 1,184,979 | -471,203 | -228,438 | 12,199 | -127,338 | 488,089 | 327,252 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,419,497 | 4,419,497 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 193,750 | 1,171,270 | -535,538 | 929,717 | -722,120 | -138,944 | 375,423 | 526,341 | 5,604,476 | -4,890,700 | -228,438 | 12,199 | -127,338 | 488,089 | 327,252 |
north bay leisure limited Credit Report and Business Information
North Bay Leisure Limited Competitor Analysis
Perform a competitor analysis for north bay leisure limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in YO15 area or any other competitors across 12 key performance metrics.
north bay leisure limited Ownership
NORTH BAY LEISURE LIMITED group structure
North Bay Leisure Limited has no subsidiary companies.
Ultimate parent company
1 parent
NORTH BAY LEISURE LIMITED
05281702
north bay leisure limited directors
North Bay Leisure Limited currently has 2 directors. The longest serving directors include Mr David Allison (Nov 2004) and Mr Neil Willson (Feb 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Allison | 65 years | Nov 2004 | - | Director | |
| Mr Neil Willson | 64 years | Feb 2008 | - | Director |
P&L
December 2023turnover
2.6m
+259%
operating profit
668.6k
0%
gross margin
68.2%
+1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.6m
+0.09%
total assets
9.8m
+0.05%
cash
3m
+0.07%
net assets
Total assets minus all liabilities
north bay leisure limited company details
company number
05281702
Type
Private limited with Share Capital
industry
55300 - Camping grounds, recreational vehicle parks and trailer parks
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
incorporation date
November 2004
age
21
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
RYECROFT GLENTON
auditor
-
address
marton hall church lane, sewerby, bridlington, east yorkshire, YO15 1DS
Bank
HSBC BANK PLC
Legal Advisor
SHOREWOOD LEISURE GROUP LIMIITED
north bay leisure limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to north bay leisure limited. Currently there are 3 open charges and 2 have been satisfied in the past.
north bay leisure limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for NORTH BAY LEISURE LIMITED. This can take several minutes, an email will notify you when this has completed.
north bay leisure limited Companies House Filings - See Documents
| date | description | view/download |
|---|
