discovery group yacht sales limited
discovery group yacht sales limited Company Information
Company Number
05286382
Website
http://oceanjoinery.comRegistered Address
unit 5, cracknore industrial park, southampton, SO40 4AF
Industry
Building of pleasure and sporting boats
Telephone
02380865555
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
binti marine holdings limited 100%
discovery group yacht sales limited Estimated Valuation
Pomanda estimates the enterprise value of DISCOVERY GROUP YACHT SALES LIMITED at £3.7m based on a Turnover of £11.6m and 0.32x industry multiple (adjusted for size and gross margin).
discovery group yacht sales limited Estimated Valuation
Pomanda estimates the enterprise value of DISCOVERY GROUP YACHT SALES LIMITED at £0 based on an EBITDA of £-70.8k and a 2.58x industry multiple (adjusted for size and gross margin).
discovery group yacht sales limited Estimated Valuation
Pomanda estimates the enterprise value of DISCOVERY GROUP YACHT SALES LIMITED at £0 based on Net Assets of £-80.2k and 2.31x industry multiple (adjusted for liquidity).
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Discovery Group Yacht Sales Limited Overview
Discovery Group Yacht Sales Limited is a dissolved company that was located in southampton, SO40 4AF with a Companies House number of 05286382. It operated in the building of pleasure and sporting boats sector, SIC Code 30120. Founded in November 2004, it's largest shareholder was binti marine holdings limited with a 100% stake. The last turnover for Discovery Group Yacht Sales Limited was estimated at £11.6m.
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Discovery Group Yacht Sales Limited Health Check
Pomanda's financial health check has awarded Discovery Group Yacht Sales Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £11.6m, make it larger than the average company (£8.8m)
- Discovery Group Yacht Sales Limited
£8.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Discovery Group Yacht Sales Limited
- - Industry AVG
Production
with a gross margin of 12%, this company has a higher cost of product (22.7%)
- Discovery Group Yacht Sales Limited
22.7% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (5.6%)
- Discovery Group Yacht Sales Limited
5.6% - Industry AVG
Employees
with 80 employees, this is similar to the industry average (73)
- Discovery Group Yacht Sales Limited
73 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
- Discovery Group Yacht Sales Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £144.8k, this is more efficient (£117.3k)
- Discovery Group Yacht Sales Limited
£117.3k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (31 days)
- Discovery Group Yacht Sales Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (39 days)
- Discovery Group Yacht Sales Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Discovery Group Yacht Sales Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (16 weeks)
9 weeks - Discovery Group Yacht Sales Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104%, this is a higher level of debt than the average (52.7%)
104% - Discovery Group Yacht Sales Limited
52.7% - Industry AVG
DISCOVERY GROUP YACHT SALES LIMITED financials
Discovery Group Yacht Sales Limited's latest turnover from August 2019 is estimated at £11.6 million and the company has net assets of -£80.2 thousand. According to their latest financial statements, we estimate that Discovery Group Yacht Sales Limited has 80 employees and maintains cash reserves of £384.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2019 | Aug 2018 | Aug 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2019 | Aug 2018 | Aug 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,601,994 | 602,754 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 528,921 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 384,326 | 656,026 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,986,320 | 1,787,701 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 1,986,320 | 1,787,701 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,066,565 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 150,076 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 1,650,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,066,565 | 1,801,069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,066,565 | 1,801,069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -80,245 | -13,368 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -80,245 | -13,368 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Aug 2019 | Aug 2018 | Aug 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | ||||||||
| Amortisation | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 470,319 | 1,131,675 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 2,066,565 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,650,993 | 1,650,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -150,076 | 150,076 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -271,700 | 656,025 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -271,700 | 656,025 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
discovery group yacht sales limited Credit Report and Business Information
Discovery Group Yacht Sales Limited Competitor Analysis
Perform a competitor analysis for discovery group yacht sales limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
discovery group yacht sales limited Ownership
DISCOVERY GROUP YACHT SALES LIMITED group structure
Discovery Group Yacht Sales Limited has no subsidiary companies.
Ultimate parent company
BINTI HOLDING GMBH
#0129845
2 parents
DISCOVERY GROUP YACHT SALES LIMITED
05286382
discovery group yacht sales limited directors
Discovery Group Yacht Sales Limited currently has 2 directors. The longest serving directors include Mr Werner Schnaebele (Feb 2020) and Mr Werner Schnaebele (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Werner Schnaebele | 62 years | Feb 2020 | - | Director | |
| Mr Werner Schnaebele | 62 years | Feb 2020 | - | Director |
P&L
August 2019turnover
11.6m
+45%
operating profit
-70.8k
0%
gross margin
12.1%
-4.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2019net assets
-80.2k
+5%
total assets
2m
+0.11%
cash
384.3k
-0.41%
net assets
Total assets minus all liabilities
Similar Companies
discovery group yacht sales limited company details
company number
05286382
Type
Private limited with Share Capital
industry
30120 - Building of pleasure and sporting boats
incorporation date
November 2004
age
20
accounts
Unaudited Abridged
ultimate parent company
previous names
ocean joinery limited (February 2018)
incorporated
UK
address
unit 5, cracknore industrial park, southampton, SO40 4AF
last accounts submitted
August 2019
discovery group yacht sales 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 3 charges/mortgages relating to discovery group yacht sales limited. Currently there are 3 open charges and 0 have been satisfied in the past.
discovery group yacht sales limited Companies House Filings - See Documents
| date | description | view/download |
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