Pomanda estimates the enterprise value of TROPICAL MARINE CENTRE LIMITED at £13.7m based on a Turnover of £13.5m and 1.02x industry multiple (adjusted for size and gross margin).
tropical marine centre limitedEstimated Valuation
£6.4m
Pomanda estimates the enterprise value of TROPICAL MARINE CENTRE LIMITED at £6.4m based on an EBITDA of £982k and a 6.56x industry multiple (adjusted for size and gross margin).
tropical marine centre limitedEstimated Valuation
£10.7m
Pomanda estimates the enterprise value of TROPICAL MARINE CENTRE LIMITED at £10.7m based on Net Assets of £5.3m and 2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tropical Marine Centre LimitedOverview
Tropical Marine Centre Limited is a live company located in chorleywood, WD3 5SX with a Companies House number of 06804160. It operates in the marine aquaculture sector, SIC Code 03210. Founded in January 2009, it's largest shareholder is
pet & aquatics properties ltd
with a 100% stake. Tropical Marine Centre Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£13.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded Tropical Marine Centre Limited a 3.5 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
Health Rating3.5out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £13.5m, make it smaller than the average company (£20.7m)
£13.5m - Tropical Marine Centre Limited
£20.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (10.1%)
-6% - Tropical Marine Centre Limited
10.1% - Industry AVG
Production
with a gross margin of 39.8%, this company has a lower cost of product (26.5%)
39.8% - Tropical Marine Centre Limited
26.5% - Industry AVG
Profitability
an operating margin of 6.9% make it more profitable than the average company (4.7%)
6.9% - Tropical Marine Centre Limited
4.7% - Industry AVG
Employees
with 69 employees, this is similar to the industry average (68)
69 - Tropical Marine Centre Limited
68 - Industry AVG
Pay Structure
on an average salary of £37.9k, the company has an equivalent pay structure (£40.4k)
£37.9k - Tropical Marine Centre Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £195.6k, this is less efficient (£252.8k)
£195.6k - Tropical Marine Centre Limited
£252.8k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (33 days)
26 days - Tropical Marine Centre Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (45 days)
29 days - Tropical Marine Centre Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is in line with average (84 days)
96 days - Tropical Marine Centre Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is less cash available to meet short term requirements (22 weeks)
12 weeks - Tropical Marine Centre Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.9%, this is a similar level of debt than the average (51.5%)
52.9% - Tropical Marine Centre Limited
51.5% - Industry AVG
TROPICAL MARINE CENTRE LIMITED financials
EXPORT
Tropical Marine Centre Limited's latest turnover from March 2024 is £13.5 million and the company has net assets of £5.3 million. According to their latest financial statements, Tropical Marine Centre Limited has 69 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Apr 2012
Mar 2011
Mar 2010
Turnover
13,496,000
13,992,000
15,872,000
16,080,000
14,407,000
14,475,000
15,332,000
15,482,000
15,840,000
16,605,000
16,499,000
16,147,000
57,460,000
57,956,000
47,251,000
Other Income Or Grants
Cost Of Sales
8,131,000
8,547,000
9,603,000
10,108,000
9,178,000
8,802,000
9,777,000
10,260,000
10,339,000
10,579,000
9,657,000
9,898,000
43,887,000
40,917,000
32,471,000
Gross Profit
5,365,000
5,445,000
6,269,000
5,972,000
5,229,000
5,673,000
5,555,000
5,222,000
5,501,000
6,026,000
6,842,000
6,249,000
13,573,000
17,039,000
14,780,000
Admin Expenses
4,431,000
4,467,000
4,638,000
4,350,000
4,902,000
5,330,000
5,181,000
5,475,000
5,455,000
5,772,000
6,325,000
5,918,000
10,418,000
12,676,000
11,361,000
Operating Profit
934,000
978,000
1,631,000
1,622,000
327,000
343,000
374,000
-253,000
46,000
254,000
517,000
331,000
3,155,000
4,363,000
3,419,000
Interest Payable
1,000
2,000
3,000
5,000
6,000
3,000
29,000
46,000
97,000
84,000
90,000
69,000
9,000
14,000
27,000
Interest Receivable
2,000
4,000
4,000
10,000
15,000
Pre-Tax Profit
935,000
976,000
1,628,000
1,621,000
325,000
340,000
355,000
-284,000
-51,000
170,000
429,000
262,000
8,929,000
4,356,000
3,409,000
Tax
-251,000
-169,000
-267,000
-211,000
-42,000
-18,000
9,000
-19,000
9,000
-5,000
-14,000
-45,000
-744,000
-942,000
-515,000
Profit After Tax
684,000
807,000
1,361,000
1,410,000
283,000
322,000
364,000
-303,000
-42,000
165,000
415,000
217,000
8,185,000
3,414,000
2,894,000
Dividends Paid
2,149,000
2,855,000
Retained Profit
684,000
807,000
1,361,000
-739,000
283,000
322,000
364,000
-303,000
-42,000
165,000
-2,440,000
217,000
8,185,000
3,414,000
2,894,000
Employee Costs
2,613,000
2,611,000
2,701,000
2,692,000
2,882,000
3,155,000
3,069,000
3,148,000
3,074,000
3,060,000
2,881,000
2,770,000
5,745,000
5,521,000
5,397,000
Number Of Employees
69
73
78
76
88
93
94
98
97
97
90
90
208
211
199
EBITDA*
982,000
1,022,000
1,674,000
1,680,000
421,000
453,000
518,000
-103,000
212,000
465,000
681,000
528,000
3,674,000
4,850,000
3,805,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Apr 2012
Mar 2011
Mar 2010
Tangible Assets
203,000
129,000
127,000
143,000
152,000
220,000
710,000
836,000
936,000
1,028,000
984,000
1,123,000
1,210,000
4,812,000
4,162,000
Intangible Assets
66,000
77,000
88,000
99,000
110,000
122,000
133,000
144,000
155,000
166,000
171,000
182,000
193,000
629,000
664,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
269,000
206,000
215,000
242,000
262,000
342,000
843,000
980,000
1,091,000
1,194,000
1,155,000
1,305,000
1,403,000
5,441,000
4,826,000
Stock & work in progress
2,150,000
2,444,000
2,867,000
2,428,000
2,642,000
2,519,000
2,478,000
2,442,000
2,470,000
2,664,000
2,251,000
2,038,000
2,354,000
9,201,000
5,876,000
Trade Debtors
983,000
970,000
904,000
1,208,000
966,000
1,137,000
1,287,000
1,365,000
1,504,000
1,773,000
1,888,000
1,472,000
1,631,000
5,841,000
4,478,000
Group Debtors
6,218,000
5,888,000
5,325,000
4,783,000
4,783,000
4,783,000
4,673,000
3,641,000
3,369,000
3,069,000
2,922,000
2,920,000
5,804,000
3,403,000
Misc Debtors
232,000
519,000
363,000
334,000
370,000
409,000
373,000
329,000
385,000
321,000
398,000
652,000
407,000
568,000
383,000
Cash
1,462,000
1,293,000
998,000
517,000
677,000
451,000
514,000
215,000
428,000
82,000
498,000
231,000
1,134,000
1,231,000
285,000
misc current assets
total current assets
11,045,000
11,114,000
10,457,000
9,270,000
9,438,000
9,299,000
9,325,000
7,992,000
8,156,000
7,909,000
7,957,000
7,313,000
5,526,000
22,645,000
14,425,000
total assets
11,314,000
11,320,000
10,672,000
9,512,000
9,700,000
9,641,000
10,168,000
8,972,000
9,247,000
9,103,000
9,112,000
8,618,000
6,929,000
28,086,000
19,251,000
Bank overdraft
69,000
210,000
656,000
120,000
619,000
Bank loan
Trade Creditors
656,000
917,000
755,000
787,000
869,000
797,000
922,000
841,000
988,000
885,000
1,070,000
820,000
582,000
5,074,000
2,761,000
Group/Directors Accounts
4,406,000
4,745,000
4,776,000
4,818,000
4,825,000
5,100,000
5,608,000
4,996,000
4,922,000
3,230,000
3,078,000
95,000
11,247,000
7,521,000
other short term finances
hp & lease commitments
5,000
5,000
5,000
10,000
9,000
9,000
18,000
4,000
12,000
12,000
13,000
other current liabilities
919,000
932,000
1,248,000
1,358,000
717,000
668,000
805,000
702,000
609,000
855,000
1,375,000
1,031,000
1,550,000
2,475,000
3,062,000
total current liabilities
5,981,000
6,599,000
6,784,000
6,968,000
6,411,000
6,644,000
7,554,000
6,548,000
6,537,000
5,626,000
5,643,000
2,569,000
2,144,000
18,808,000
13,357,000
loans
908,000
1,023,000
hp & lease commitments
5,000
10,000
3,000
14,000
5,000
17,000
29,000
Accruals and Deferred Income
other liabilities
25,000
792,000
provisions
111,000
122,000
138,000
116,000
135,000
118,000
573,000
591,000
total long term liabilities
5,000
10,000
3,000
125,000
147,000
930,000
1,024,000
1,158,000
123,000
590,000
620,000
total liabilities
5,981,000
6,599,000
6,789,000
6,978,000
6,411,000
6,644,000
7,557,000
6,673,000
6,684,000
6,556,000
6,667,000
3,727,000
2,267,000
19,398,000
13,977,000
net assets
5,333,000
4,721,000
3,883,000
2,534,000
3,289,000
2,997,000
2,611,000
2,299,000
2,563,000
2,547,000
2,445,000
4,891,000
4,662,000
8,688,000
5,274,000
total shareholders funds
5,333,000
4,721,000
3,883,000
2,534,000
3,289,000
2,997,000
2,611,000
2,299,000
2,563,000
2,547,000
2,445,000
4,891,000
4,662,000
8,688,000
5,274,000
Mar 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Apr 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
934,000
978,000
1,631,000
1,622,000
327,000
343,000
374,000
-253,000
46,000
254,000
517,000
331,000
3,155,000
4,363,000
3,419,000
Depreciation
37,000
33,000
32,000
47,000
83,000
99,000
133,000
139,000
155,000
206,000
153,000
186,000
484,000
452,000
354,000
Amortisation
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
11,000
5,000
11,000
11,000
35,000
35,000
32,000
Tax
-251,000
-169,000
-267,000
-211,000
-42,000
-18,000
9,000
-19,000
9,000
-5,000
-14,000
-45,000
-744,000
-942,000
-515,000
Stock
-294,000
-423,000
439,000
-214,000
123,000
41,000
36,000
-28,000
-194,000
413,000
213,000
-316,000
-6,847,000
3,325,000
5,876,000
Debtors
56,000
785,000
267,000
206,000
-210,000
-4,000
998,000
77,000
95,000
-45,000
164,000
3,006,000
-10,175,000
3,949,000
8,264,000
Creditors
-261,000
162,000
-32,000
-82,000
72,000
-125,000
81,000
-147,000
103,000
-185,000
250,000
238,000
-4,492,000
2,313,000
2,761,000
Accruals and Deferred Income
-13,000
-316,000
-110,000
641,000
49,000
-137,000
103,000
93,000
-246,000
-520,000
344,000
-519,000
-925,000
-587,000
3,062,000
Deferred Taxes & Provisions
-111,000
-11,000
-16,000
22,000
-19,000
17,000
-455,000
-18,000
591,000
Cash flow from operations
695,000
337,000
559,000
2,036,000
587,000
136,000
-434,000
-236,000
161,000
-591,000
865,000
-2,471,000
14,080,000
-1,658,000
-4,436,000
Investing Activities
capital expenditure
-111,000
-35,000
-16,000
-38,000
-14,000
391,000
-7,000
-39,000
-63,000
-250,000
-14,000
-99,000
3,519,000
-1,102,000
-5,212,000
Change in Investments
cash flow from investments
-111,000
-35,000
-16,000
-38,000
-14,000
391,000
-7,000
-39,000
-63,000
-250,000
-14,000
-99,000
3,519,000
-1,102,000
-5,212,000
Financing Activities
Bank loans
Group/Directors Accounts
-339,000
-31,000
-42,000
-7,000
-275,000
-508,000
612,000
74,000
1,692,000
152,000
2,983,000
95,000
-11,247,000
3,726,000
7,521,000
Other Short Term Loans
Long term loans
-908,000
-115,000
1,023,000
Hire Purchase and Lease Commitments
-5,000
-5,000
-5,000
15,000
-10,000
-2,000
-11,000
5,000
18,000
-4,000
-13,000
-12,000
-13,000
42,000
other long term liabilities
-25,000
-767,000
792,000
share issue
-72,000
31,000
-12,000
-16,000
9,000
64,000
-52,000
39,000
58,000
-63,000
-6,000
12,000
-12,211,000
2,380,000
interest
1,000
-2,000
-3,000
-1,000
-2,000
-3,000
-19,000
-31,000
-97,000
-84,000
-90,000
-69,000
-9,000
-14,000
-27,000
cash flow from financing
-415,000
-7,000
-62,000
-9,000
-278,000
-449,000
530,000
62,000
904,000
-111,000
2,768,000
1,048,000
-23,479,000
3,699,000
9,916,000
cash and cash equivalents
cash
169,000
295,000
481,000
-160,000
226,000
-63,000
299,000
-213,000
346,000
-416,000
267,000
-903,000
-97,000
946,000
285,000
overdraft
-69,000
-141,000
210,000
-656,000
536,000
-499,000
619,000
change in cash
169,000
295,000
481,000
-160,000
295,000
78,000
89,000
-213,000
1,002,000
-952,000
766,000
-1,522,000
-97,000
946,000
285,000
tropical marine centre limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tropical marine centre limited. Get real-time insights into tropical marine centre limited's credit score, group structure and payment trends.
Tropical Marine Centre Limited Competitor Analysis
Perform a competitor analysis for tropical marine centre limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in WD3 area or any other competitors across 12 key performance metrics.
tropical marine centre limited Ownership
TROPICAL MARINE CENTRE LIMITED group structure
Tropical Marine Centre Limited has 1 subsidiary company.
The sole shareholder of Tropical Marine Centre Limited is Pet & Aquatics Properties Ltd.
pet & aquatics properties ltd
100%
tropical marine centre limited directors
Tropical Marine Centre Limited currently has 4 directors.
The longest serving directors include
Mr Paul West (Apr 2009) and
Mr Brian Schaff (May 2018).
cranswick pet and aquatics limited (November 2013)
rolco 307 limited (May 2009)
accountant
-
auditor
HILLIER HOPKINS LLP
address
tropical marine centre, solesbridge lane, chorleywood, hertfordshire, WD3 5SX
Bank
-
Legal Advisor
-
tropical marine centre 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 16 charges/mortgages relating to tropical marine centre limited. Currently there are 7 open charges and 9 have been satisfied in the past.
tropical marine centre 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 TROPICAL MARINE CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.
tropical marine centre limitedCompanies House Filings - See Documents
