digital sea limited
digital sea limited Company Information
Company Number
06456070
Next Accounts
549 days late
Shareholders
neil maxwell-keys
hayley maxwell-keys
Group Structure
View All
Industry
Other publishing activities
Registered Address
stanmore house, 64-68 blackburn street, manchester, M26 2JS
Website
www.digitalsea.comdigital sea limited Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL SEA LIMITED at £154.9k based on a Turnover of £262.6k and 0.59x industry multiple (adjusted for size and gross margin).
digital sea limited Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL SEA LIMITED at £0 based on an EBITDA of £-55.1k and a 3.23x industry multiple (adjusted for size and gross margin).
digital sea limited Estimated Valuation
Pomanda estimates the enterprise value of DIGITAL SEA LIMITED at £89.9k based on Net Assets of £51.3k and 1.76x industry multiple (adjusted for liquidity).
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Digital Sea Limited Overview
Digital Sea Limited is a live company located in manchester, M26 2JS with a Companies House number of 06456070. It operates in the other publishing activities sector, SIC Code 58190. Founded in December 2007, it's largest shareholder is neil maxwell-keys with a 50.1% stake. Digital Sea Limited is a established, micro sized company, Pomanda has estimated its turnover at £262.6k with low growth in recent years.
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Digital Sea Limited Health Check
Pomanda's financial health check has awarded Digital Sea Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £262.6k, make it smaller than the average company (£2.9m)
- Digital Sea Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (1.5%)
- Digital Sea Limited
1.5% - Industry AVG
Production
with a gross margin of 58.4%, this company has a comparable cost of product (58.4%)
- Digital Sea Limited
58.4% - Industry AVG
Profitability
an operating margin of -25.1% make it less profitable than the average company (5.4%)
- Digital Sea Limited
5.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (31)
6 - Digital Sea Limited
31 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Digital Sea Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £43.8k, this is less efficient (£123k)
- Digital Sea Limited
£123k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (53 days)
- Digital Sea Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (36 days)
- Digital Sea Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is more than average (28 days)
- Digital Sea Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (24 weeks)
31 weeks - Digital Sea Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (65.8%)
84.9% - Digital Sea Limited
65.8% - Industry AVG
DIGITAL SEA LIMITED financials
Digital Sea Limited's latest turnover from December 2021 is estimated at £262.6 thousand and the company has net assets of £51.3 thousand. According to their latest financial statements, Digital Sea Limited has 6 employees and maintains cash reserves of £74.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |||||||||||||
| 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 | 6 | 6 | 6 | 6 | 6 | 6 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 5,032 | 5,819 | 5,666 | 7,375 | 6,146 | 6,619 | 9,772 | 12,795 | 8,192 | 405 | 1,451 | 2,497 | 1,905 |
| Intangible Assets | 54,570 | 10,091 | 16,219 | 9,004 | 14,607 | 51,447 | 42,822 | 28,666 | 20,341 | 5,000 | 5,000 | 5,000 | 5,000 |
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 240,000 | 200,000 | |||||||||||
| Total Fixed Assets | 59,602 | 15,910 | 21,885 | 256,379 | 220,753 | 58,066 | 52,594 | 41,461 | 28,533 | 5,405 | 6,451 | 7,497 | 6,905 |
| Stock & work in progress | 18,079 | 17,811 | 13,461 | 11,547 | 15,984 | 11,653 | |||||||
| Trade Debtors | 4,986 | 142 | 8,991 | 2,950 | 4,735 | 2,228 | 4,131 | 39,447 | 3,336 | 5,940 | 348 | 2,612 | 205 |
| Group Debtors | |||||||||||||
| Misc Debtors | 181,589 | 350,485 | 251,577 | 7,305 | 5,534 | 2,000 | |||||||
| Cash | 74,804 | 75,173 | 25,937 | 55,822 | 130,355 | 461,911 | 484,320 | 463,411 | 150,981 | 103,463 | 21,524 | 2,318 | 370 |
| misc current assets | |||||||||||||
| total current assets | 279,458 | 443,611 | 299,966 | 77,624 | 156,608 | 477,792 | 488,451 | 502,858 | 154,317 | 109,403 | 21,872 | 4,930 | 575 |
| total assets | 339,060 | 459,521 | 321,851 | 334,003 | 377,361 | 535,858 | 541,045 | 544,319 | 182,850 | 114,808 | 28,323 | 12,427 | 7,480 |
| Bank overdraft | |||||||||||||
| Bank loan | 69,255 | 27,314 | |||||||||||
| Trade Creditors | 13,313 | 11,061 | 11,357 | 14,286 | 6,632 | 10,776 | 258,550 | 266,218 | 90,288 | 39,461 | 11,454 | 4,762 | |
| Group/Directors Accounts | |||||||||||||
| other short term finances | 24,000 | ||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 42,706 | 66,404 | 59,272 | 85,181 | 73,418 | 112,777 | |||||||
| total current liabilities | 125,274 | 104,779 | 94,629 | 99,467 | 80,050 | 123,553 | 258,550 | 266,218 | 90,288 | 39,461 | 11,454 | 4,762 | |
| loans | 160,741 | 222,686 | |||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 10,000 | 88,397 | |||||||||||
| provisions | 1,793 | 799 | 1,040 | 935 | 1,056 | 1,700 | |||||||
| total long term liabilities | 162,534 | 222,686 | 10,799 | 1,040 | 935 | 1,056 | 1,700 | 88,397 | |||||
| total liabilities | 287,808 | 327,465 | 105,428 | 100,507 | 80,985 | 124,609 | 260,250 | 266,218 | 90,288 | 88,397 | 39,461 | 11,454 | 4,762 |
| net assets | 51,252 | 132,056 | 216,423 | 233,496 | 296,376 | 411,249 | 280,795 | 278,101 | 92,562 | 26,411 | -11,138 | 973 | 2,718 |
| total shareholders funds | 51,252 | 132,056 | 216,423 | 233,496 | 296,376 | 411,249 | 280,795 | 278,101 | 92,562 | 26,411 | -11,138 | 973 | 2,718 |
| 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 | |||||||||||||
| Depreciation | 2,463 | 2,664 | 3,591 | 2,738 | 4,551 | 4,996 | 3,451 | 2,452 | 1,046 | 1,046 | 1,046 | 635 | |
| Amortisation | 8,448 | 6,128 | 7,294 | 40,340 | 29,601 | 2,254 | 2,500 | 3,000 | |||||
| Tax | |||||||||||||
| Stock | 268 | 4,350 | 1,914 | -4,437 | 4,331 | 11,653 | |||||||
| Debtors | -164,052 | 90,059 | 10,313 | 39,986 | 206,041 | 97 | -35,316 | 36,111 | -2,604 | 5,592 | -2,264 | 2,407 | 205 |
| Creditors | 2,252 | -296 | -2,929 | 7,654 | -4,144 | -247,774 | -7,668 | 175,930 | 90,288 | -39,461 | 28,007 | 6,692 | 4,762 |
| Accruals and Deferred Income | -23,698 | 7,132 | -25,909 | 11,763 | -39,359 | 112,777 | |||||||
| Deferred Taxes & Provisions | 1,793 | -799 | -241 | 105 | -121 | -644 | 1,700 | ||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 41,941 | 27,314 | |||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | -24,000 | 24,000 | |||||||||||
| Long term loans | -61,945 | 222,686 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -10,000 | 10,000 | -88,397 | 88,397 | |||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -369 | 49,236 | -29,885 | -74,533 | -331,556 | -22,409 | 20,909 | 312,430 | 47,518 | 81,939 | 19,206 | 1,948 | 370 |
| overdraft | |||||||||||||
| change in cash | -369 | 49,236 | -29,885 | -74,533 | -331,556 | -22,409 | 20,909 | 312,430 | 47,518 | 81,939 | 19,206 | 1,948 | 370 |
digital sea limited Credit Report and Business Information
Digital Sea Limited Competitor Analysis
Perform a competitor analysis for digital sea limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M26 area or any other competitors across 12 key performance metrics.
digital sea limited Ownership
DIGITAL SEA LIMITED group structure
Digital Sea Limited has no subsidiary companies.
Ultimate parent company
DIGITAL SEA LIMITED
06456070
digital sea limited directors
Digital Sea Limited currently has 3 directors. The longest serving directors include Mr Neil Maxwell-Keys (Dec 2007) and Mr Neil Maxwell-Keys (Dec 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Maxwell-Keys | United Kingdom | 47 years | Dec 2007 | - | Director |
| Mr Neil Maxwell-Keys | England | 47 years | Dec 2007 | - | Director |
| Mrs Hayley Maxwell-Keys | 49 years | Oct 2013 | - | Director |
P&L
December 2021turnover
262.6k
+9%
operating profit
-66k
0%
gross margin
58.5%
+3.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
51.3k
-0.61%
total assets
339.1k
-0.26%
cash
74.8k
0%
net assets
Total assets minus all liabilities
digital sea limited company details
company number
06456070
Type
Private limited with Share Capital
industry
58190 - Other publishing activities
incorporation date
December 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
stanmore house, 64-68 blackburn street, manchester, M26 2JS
Bank
-
Legal Advisor
-
digital sea 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 1 charges/mortgages relating to digital sea limited. Currently there are 1 open charges and 0 have been satisfied in the past.
digital sea 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 DIGITAL SEA LIMITED. This can take several minutes, an email will notify you when this has completed.
digital sea limited Companies House Filings - See Documents
| date | description | view/download |
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