Seahorse Power Ltd

POWER SEARCH PRICING

SOLUTIONS

seahorse power ltd Company Information

Live

MatureMicroDeclining

Company Number

05473457

Next Accounts

Jun 2026

Industry

Building of pleasure and sporting boats

Directors

Angela Joyce

Stephen Corbridge Atkins

Shareholders

angela joyce

Group Structure

View All

Contact

Registered Address

unit 1 the ajm centre, prospect business park, swanage, dorset, BH19 1FE

Website

www.seahorsepower.co.uk

seahorse power ltd Estimated Valuation

£14.7k

Pomanda estimates the enterprise value of SEAHORSE POWER LTD at £14.7k based on a Turnover of £55.2k and 0.27x industry multiple (adjusted for size and gross margin).

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Seahorse Power Ltd is a live company located in swanage, BH19 1FE with a Companies House number of 05473457. It operates in the building of pleasure and sporting boats sector, SIC Code 30120. Founded in June 2005, it's largest shareholder is angela joyce with a 100% stake. Seahorse Power Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £55.2k with declining growth in recent years.

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Pomanda's financial health check has awarded Seahorse Power Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

1 Regular

8 Weak

Size

annual sales of £55.2k, make it smaller than the average company (£12m)

Growth

3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (13%)

EXPORT

Seahorse Power Ltd's latest turnover from September 2024 is estimated at £55.2 thousand and the company has net assets of -£7.4 thousand. According to their latest financial statements, we estimate that Seahorse Power Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	55,238	90,940	173,349	169,802	193,136	145,906	223,500	165,345	68,047	112,632	71,694	69,716	117,850	96,907	91,724
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	50,867	89,878	153,324	166,939	167,913	128,371	188,646	132,096	59,583	96,740	58,278	57,598	104,856	82,376	80,596
Gross Profit	4,371	1,062	20,025	2,863	25,223	17,534	34,854	33,249	8,464	15,892	13,416	12,118	12,995	14,531	11,128
Admin Expenses	45,960	6,237	33,713	-9,870	21,276	-78	20,891	38,916	12,992	14,986	19,950	24,638	6,404	8,728	-34,062
Operating Profit	-41,589	-5,175	-13,688	12,733	3,947	17,612	13,963	-5,667	-4,528	906	-6,534	-12,520	6,591	5,803	45,190
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	48	48
Interest Receivable	0	0	0	0	0	0	0	18	94	79	63	143	206	199	94
Pre-Tax Profit	-41,589	-5,175	-13,688	12,733	3,947	17,612	13,963	-5,649	-4,434	985	-6,471	-12,377	6,797	5,954	45,236
Tax	0	0	0	-2,419	-750	-3,346	-2,653	0	0	-197	0	0	-1,631	-1,548	-12,666
Profit After Tax	-41,589	-5,175	-13,688	10,314	3,197	14,266	11,310	-5,649	-4,434	788	-6,471	-12,377	5,166	4,406	32,570
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-41,589	-5,175	-13,688	10,314	3,197	14,266	11,310	-5,649	-4,434	788	-6,471	-12,377	5,166	4,406	32,570
Employee Costs	42,334	37,009	33,281	70,827	34,498	32,414	54,523	53,673	26,102	26,322	24,466	24,722	52,034	52,256	25,199
Number Of Employees	1	1	1	2	1	1	2	2	1	1	1	1	2	2	1
EBITDA*	-41,589	-5,175	-13,688	12,733	3,947	17,612	13,963	-5,667	-4,223	1,313	-5,992	-12,457	6,676	5,887	45,295

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	1,832	3,604	4,804	6,405	8,540	9,386	6,514	686	915	1,220	1,627	190	253	338	422
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	1,832	3,604	4,804	6,405	8,540	9,386	6,514	686	915	1,220	1,627	190	253	338	422
Stock & work in progress	0	0	0	0	0	0	0	0	9,026	15,498	22,720	19,223	14,276	15,030	14,289
Trade Debtors	12,136	38,028	43,642	63,192	44,790	43,558	30,742	26,629	8,250	5,761	3,156	11,556	10,491	6,334	4,288
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	14,308	23,299	8,273	16,866	40,483	41,954	37,734
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	12,136	38,028	43,642	63,192	44,790	43,558	30,742	26,629	31,584	44,558	34,149	47,645	65,250	63,318	56,311
total assets	13,968	41,632	48,446	69,597	53,330	52,944	37,256	27,315	32,499	45,778	35,776	47,835	65,503	63,656	56,733
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,490
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	20,584	4,073	4,349	4,501	2,078	13,369	11,947	13,316	12,850	21,695	12,481	18,069	23,360	26,679	22,672
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	20,584	4,073	4,349	4,501	2,078	13,369	11,947	13,316	12,850	21,695	12,481	18,069	23,360	26,679	24,162
loans	0	0	0	0	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	0	0	0	0
Accruals and Deferred Income	750	750	3,898	5,500	5,350	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	2,586	801	6,510	3,130	0	0	0	0	0	0	0	0	0	0
total long term liabilities	750	3,336	4,699	12,010	8,480	0	0	0	0	0	0	0	0	0	0
total liabilities	21,334	7,409	9,048	16,511	10,558	13,369	11,947	13,316	12,850	21,695	12,481	18,069	23,360	26,679	24,162
net assets	-7,366	34,223	39,398	53,086	42,772	39,575	25,309	13,999	19,649	24,083	23,295	29,766	42,143	36,977	32,571
total shareholders funds	-7,366	34,223	39,398	53,086	42,772	39,575	25,309	13,999	19,649	24,083	23,295	29,766	42,143	36,977	32,571

	Sep 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-41,589	-5,175	-13,688	12,733	3,947	17,612	13,963	-5,667	-4,528	906	-6,534	-12,520	6,591	5,803	45,190
Depreciation	0	0	0	0	0	0	0	0	305	407	542	63	85	84	105
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	-2,419	-750	-3,346	-2,653	0	0	-197	0	0	-1,631	-1,548	-12,666
Stock	0	0	0	0	0	0	0	-9,026	-6,472	-7,222	3,497	4,947	-754	741	14,289
Debtors	-25,892	-5,614	-19,550	18,402	1,232	12,816	4,113	18,379	2,489	2,605	-8,400	1,065	4,157	2,046	4,288
Creditors	16,511	-276	-152	2,423	-11,291	1,422	-1,369	466	-8,845	9,214	-5,588	-5,291	-3,319	4,007	22,672
Accruals and Deferred Income	0	-3,148	-1,602	150	5,350	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-2,586	1,785	-5,709	3,380	3,130	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-1,772	-1,200	-1,601	-2,135	-846	2,872	5,828	-14,554	-9,085	14,947	-6,677	-23,760	-1,677	5,559	36,724
Investing Activities
capital expenditure	1,772	1,200	1,601	2,135	846	-2,872	-5,828	229	0	0	-1,979	0	0	0	-527
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	1,772	1,200	1,601	2,135	846	-2,872	-5,828	229	0	0	-1,979	0	0	0	-527
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	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	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	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	0	0	0	0
share issue	0	0	0	0	0	0	0	-1	0	0	0	0	0	0	1
interest	0	0	0	0	0	0	0	18	94	79	63	143	206	151	46
cash flow from financing	0	0	0	0	0	0	0	17	94	79	63	143	206	151	47
cash and cash equivalents
cash	0	0	0	0	0	0	0	-14,308	-8,991	15,026	-8,593	-23,617	-1,471	4,220	37,734
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,490	1,490
change in cash	0	0	0	0	0	0	0	-14,308	-8,991	15,026	-8,593	-23,617	-1,471	5,710	36,244

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for seahorse power ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BH19 area or any other competitors across 12 key performance metrics.

SEAHORSE POWER LTD group structure

Seahorse Power Ltd has no subsidiary companies.

Ultimate parent company

SEAHORSE POWER LTD

05473457

SEAHORSE POWER LTD Shareholders

angela joyce

100%

Seahorse Power Ltd currently has 2 directors. The longest serving directors include Ms Angela Joyce (Jun 2005) and Mr Stephen Corbridge Atkins (Jun 2014).

officer	country	age	start	end	role
Ms Angela Joyce	England	55 years	Jun 2005	-	Director
Mr Stephen Corbridge Atkins	England	60 years	Jun 2014	-	Director

P&L

September 2024

turnover

55.2k

-39%

operating profit

-41.6k

gross margin

+577.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2024

net assets

-7.4k

-1.22%

total assets

14k

-0.66%

cash

net assets

Total assets minus all liabilities

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company number

05473457

Type

Private limited with Share Capital

industry

30120 - Building of pleasure and sporting boats

incorporation date

June 2005

ultimate parent company

None

previous names

N/A

address

unit 1 the ajm centre, prospect business park, swanage, dorset, BH19 1FE

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seahorse power ltd Company Information

seahorse power ltd Estimated Valuation

seahorse power ltd Estimated Valuation

seahorse power ltd Estimated Valuation

Seahorse Power Ltd Overview

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SEAHORSE POWER LTD financials

seahorse power ltd Credit Report and Business Information

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seahorse power ltd Ownership

seahorse power ltd directors

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