ocean court (salcombe) management company limited
ocean court (salcombe) management company limited Company Information
Company Number
05543042
Next Accounts
May 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
susan elizabeth betts & robert alan betts
caroline elizabeth caddick & robert john caddick
View AllGroup Structure
View All
Contact
Registered Address
20 fore street, kingsbridge, devon, TQ7 1NZ
Website
-ocean court (salcombe) management company limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED at £2.8k based on a Turnover of £826 and 3.44x industry multiple (adjusted for size and gross margin).
ocean court (salcombe) management company limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED at £0 based on an EBITDA of £-492 and a 6.8x industry multiple (adjusted for size and gross margin).
ocean court (salcombe) management company limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED at £0 based on Net Assets of £-422 and 1.71x industry multiple (adjusted for liquidity).
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Ocean Court (salcombe) Management Company Limited Overview
Ocean Court (salcombe) Management Company Limited is a live company located in devon, TQ7 1NZ with a Companies House number of 05543042. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2005, it's largest shareholder is susan elizabeth betts & robert alan betts with a 33.3% stake. Ocean Court (salcombe) Management Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £827 with declining growth in recent years.
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Ocean Court (salcombe) Management Company Limited Health Check
Pomanda's financial health check has awarded Ocean Court (Salcombe) Management Company Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £827, make it smaller than the average company (£828.4k)
- Ocean Court (salcombe) Management Company Limited
£828.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (2.6%)
- Ocean Court (salcombe) Management Company Limited
2.6% - Industry AVG
Production
with a gross margin of 72.7%, this company has a comparable cost of product (72.7%)
- Ocean Court (salcombe) Management Company Limited
72.7% - Industry AVG
Profitability
an operating margin of -59.5% make it less profitable than the average company (26.5%)
- Ocean Court (salcombe) Management Company Limited
26.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Ocean Court (salcombe) Management Company Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Ocean Court (salcombe) Management Company Limited
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £827, this is less efficient (£178.8k)
- Ocean Court (salcombe) Management Company Limited
£178.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ocean Court (salcombe) Management Company Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 477 days, this is slower than average (35 days)
- Ocean Court (salcombe) Management Company Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ocean Court (salcombe) Management Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (13 weeks)
75 weeks - Ocean Court (salcombe) Management Company Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 197.7%, this is a higher level of debt than the average (67.9%)
197.7% - Ocean Court (salcombe) Management Company Limited
67.9% - Industry AVG
OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED financials
Ocean Court (Salcombe) Management Company Limited's latest turnover from August 2023 is estimated at £827 and the company has net assets of -£422. According to their latest financial statements, we estimate that Ocean Court (Salcombe) Management Company Limited has 1 employee and maintains cash reserves of £432 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 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 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 432 | 576 | 1,661 | 1,708 | 1,590 | 1,157 | 304 | 4,456 | 4,017 | 3,054 | 2,631 | 1,444 | 205 | 3,765 | 2,650 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 432 | 576 | 1,661 | 1,708 | 1,590 | 1,157 | 304 | 5,156 | 4,017 | 3,054 | 2,631 | 1,444 | 205 | 3,765 | 2,650 |
| total assets | 432 | 576 | 1,661 | 1,708 | 1,590 | 1,157 | 304 | 5,156 | 4,017 | 3,054 | 2,631 | 1,444 | 205 | 3,765 | 2,650 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 296 | 352 | 892 | 855 | 855 | 856 | 476 | 0 | 360 | 180 | 0 | 0 | 0 | 489 | 490 |
| 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 | 296 | 352 | 892 | 855 | 855 | 856 | 476 | 0 | 360 | 180 | 0 | 0 | 0 | 489 | 490 |
| 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 | 558 | 180 | 180 | 540 | 360 | 180 | 238 | 540 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 558 | 180 | 180 | 540 | 360 | 180 | 238 | 540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 854 | 532 | 1,072 | 1,395 | 1,215 | 1,036 | 714 | 540 | 360 | 180 | 0 | 0 | 0 | 489 | 490 |
| net assets | -422 | 44 | 589 | 313 | 375 | 121 | -410 | 4,616 | 3,657 | 2,874 | 2,631 | 1,444 | 205 | 3,276 | 2,160 |
| total shareholders funds | -422 | 44 | 589 | 313 | 375 | 121 | -410 | 4,616 | 3,657 | 2,874 | 2,631 | 1,444 | 205 | 3,276 | 2,160 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | -700 | 700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -56 | -540 | 37 | 0 | -1 | 380 | 476 | -360 | 180 | 180 | 0 | 0 | -489 | -1 | 490 |
| Accruals and Deferred Income | 378 | 0 | -360 | 180 | 180 | -58 | -302 | 540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| 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 | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -144 | -1,085 | -47 | 118 | 433 | 853 | -4,152 | 439 | 963 | 423 | 1,187 | 1,239 | -3,560 | 1,115 | 2,650 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -144 | -1,085 | -47 | 118 | 433 | 853 | -4,152 | 439 | 963 | 423 | 1,187 | 1,239 | -3,560 | 1,115 | 2,650 |
ocean court (salcombe) management company limited Credit Report and Business Information
Ocean Court (salcombe) Management Company Limited Competitor Analysis
Perform a competitor analysis for ocean court (salcombe) management company limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TQ7 area or any other competitors across 12 key performance metrics.
ocean court (salcombe) management company limited Ownership
OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED group structure
Ocean Court (Salcombe) Management Company Limited has no subsidiary companies.
Ultimate parent company
OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED
05543042
ocean court (salcombe) management company limited directors
Ocean Court (Salcombe) Management Company Limited currently has 3 directors. The longest serving directors include Mr Robert Betts (Aug 2006) and Mr Robert Caddick (Aug 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Betts | England | 63 years | Aug 2006 | - | Director |
| Mr Robert Caddick | 73 years | Aug 2006 | - | Director | |
| Mrs Ruth Watts | England | 60 years | May 2015 | - | Director |
P&L
August 2023turnover
827
-10%
operating profit
-492.5
0%
gross margin
72.7%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-422
-10.59%
total assets
432
-0.25%
cash
432
-0.25%
net assets
Total assets minus all liabilities
ocean court (salcombe) management company limited company details
company number
05543042
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
HEWSON & HOWSON
auditor
-
address
20 fore street, kingsbridge, devon, TQ7 1NZ
Bank
-
Legal Advisor
-
ocean court (salcombe) management company 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 did not find charges/mortgages relating to ocean court (salcombe) management company limited.
ocean court (salcombe) management company 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 OCEAN COURT (SALCOMBE) MANAGEMENT COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
ocean court (salcombe) management company limited Companies House Filings - See Documents
| date | description | view/download |
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