somerset tourism association community interest company
somerset tourism association community interest company Company Information
Group Structure
View All
Industry
Travel agency activities
+1Registered Address
wookey hole caves, wells, somerset, BA5 1BB
Website
www.visitsomerset.co.uksomerset tourism association community interest company Estimated Valuation
Pomanda estimates the enterprise value of SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY at £620.2k based on a Turnover of £719.1k and 0.86x industry multiple (adjusted for size and gross margin).
somerset tourism association community interest company Estimated Valuation
Pomanda estimates the enterprise value of SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY at £0 based on an EBITDA of £-2.6k and a 4.19x industry multiple (adjusted for size and gross margin).
somerset tourism association community interest company Estimated Valuation
Pomanda estimates the enterprise value of SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY at £0 based on Net Assets of £-588 and 1.97x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Somerset Tourism Association Community Interest Company Overview
Somerset Tourism Association Community Interest Company is a live company located in somerset, BA5 1BB with a Companies House number of 06936680. It operates in the travel agency activities sector, SIC Code 79110. Founded in June 2009, it's largest shareholder is unknown. Somerset Tourism Association Community Interest Company is a established, small sized company, Pomanda has estimated its turnover at £719.1k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Somerset Tourism Association Community Interest Company Health Check
Pomanda's financial health check has awarded Somerset Tourism Association Community Interest Company a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £719.1k, make it smaller than the average company (£11.2m)
- Somerset Tourism Association Community Interest Company
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (-1.4%)
- Somerset Tourism Association Community Interest Company
-1.4% - Industry AVG
Production
with a gross margin of 22%, this company has a comparable cost of product (22%)
- Somerset Tourism Association Community Interest Company
22% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (3.1%)
- Somerset Tourism Association Community Interest Company
3.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (33)
5 - Somerset Tourism Association Community Interest Company
33 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Somerset Tourism Association Community Interest Company
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £143.8k, this is less efficient (£328.6k)
- Somerset Tourism Association Community Interest Company
£328.6k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (19 days)
- Somerset Tourism Association Community Interest Company
19 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (24 days)
- Somerset Tourism Association Community Interest Company
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Somerset Tourism Association Community Interest Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (24 weeks)
1 weeks - Somerset Tourism Association Community Interest Company
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.4%, this is a higher level of debt than the average (81.7%)
102.4% - Somerset Tourism Association Community Interest Company
81.7% - Industry AVG
SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY financials
Somerset Tourism Association Community Interest Company's latest turnover from September 2023 is estimated at £719.1 thousand and the company has net assets of -£588. According to their latest financial statements, Somerset Tourism Association Community Interest Company has 5 employees and maintains cash reserves of £856 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 127,107 | 125,992 | 72,265 | 59,301 | 43,414 | 1,796 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -3,573 | 10,723 | ||||||||||||
| Interest Payable | 1 | |||||||||||||
| Interest Receivable | 1 | |||||||||||||
| Pre-Tax Profit | -3,574 | 10,723 | 15,555 | -8,336 | -5,418 | 1,751 | ||||||||
| Tax | ||||||||||||||
| Profit After Tax | -3,574 | 10,723 | 15,555 | -8,336 | -5,418 | 1,751 | ||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -3,574 | 10,723 | 15,555 | -8,336 | -5,418 | 1,751 | ||||||||
| Employee Costs | 23,705 | 10,315 | ||||||||||||
| Number Of Employees | 5 | 5 | 3 | 3 | 5 | 3 | 3 | |||||||
| EBITDA* | -3,573 | 10,723 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,228 | 3,152 | 2,886 | 3,470 | 4,055 | 3,873 | 3,176 | 2,784 | ||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 1,228 | 3,152 | 2,886 | 3,470 | 4,055 | 3,873 | 3,176 | 2,784 | ||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 17,768 | 36 | 12,130 | 13,579 | 60,488 | 3,138 | 6,138 | 10,773 | 15,230 | 8,016 | ||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 5,058 | 5,731 | 1,436 | 2,772 | 6,160 | 7,884 | 1,554 | 2,685 | ||||||
| Cash | 856 | 13,007 | 9,857 | 13,992 | 14,578 | 5,861 | 3,253 | 2,019 | 2,468 | 2,050 | ||||
| misc current assets | 22,749 | 15,469 | 10,030 | |||||||||||
| total current assets | 23,682 | 18,774 | 23,423 | 16,351 | 66,648 | 25,887 | 21,607 | 24,765 | 37,692 | 15,431 | 5,938 | 2,019 | 12,498 | 2,050 |
| total assets | 24,910 | 21,926 | 26,309 | 19,821 | 70,703 | 29,760 | 24,783 | 27,549 | 37,692 | 15,431 | 5,938 | 2,019 | 12,498 | 2,050 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 14,116 | 6,920 | 19,313 | 15,422 | 44,662 | 17,969 | 12,571 | 17,282 | 6,552 | 1,337 | 299 | |||
| Group/Directors Accounts | 3,000 | |||||||||||||
| other short term finances | 3,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 11,382 | 11,176 | 10,915 | 20,439 | 1,156 | 1,049 | 8,022 | 16,165 | ||||||
| total current liabilities | 25,498 | 18,096 | 30,228 | 15,422 | 44,662 | 17,969 | 12,571 | 17,282 | 26,991 | 1,156 | 2,386 | 14,022 | 16,165 | 299 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 3,628 | 15,075 | 42,248 | 15,960 | 7,885 | |||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 3,628 | 15,075 | 42,248 | 15,960 | 7,885 | |||||||||
| total liabilities | 25,498 | 18,096 | 33,856 | 30,497 | 86,910 | 33,929 | 20,456 | 17,282 | 26,991 | 1,156 | 2,386 | 14,022 | 16,165 | 299 |
| net assets | -588 | 3,830 | -7,547 | -10,676 | -16,207 | -4,169 | 4,327 | 10,267 | 10,701 | 14,275 | 3,552 | -12,003 | -3,667 | 1,751 |
| total shareholders funds | -588 | 3,830 | -7,547 | -10,676 | -16,207 | -4,169 | 4,327 | 10,267 | 10,701 | 14,275 | 3,552 | -12,003 | -3,667 | 1,751 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -3,573 | 10,723 | ||||||||||||
| Depreciation | 2,230 | 584 | 309 | |||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 17,059 | -7,799 | -2,785 | -50,297 | 63,510 | -3,000 | -4,635 | -12,341 | 13,544 | 6,885 | 2,685 | |||
| Creditors | 7,196 | -12,393 | 3,891 | -29,240 | 26,693 | 5,398 | -4,711 | 10,730 | 6,552 | -1,337 | 1,337 | -299 | 299 | |
| Accruals and Deferred Income | 206 | -3,367 | -532 | -27,173 | 26,288 | 8,075 | 7,885 | -20,439 | 19,283 | 107 | -6,973 | -8,143 | 16,165 | |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 8,718 | 2,608 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -3,000 | 3,000 | ||||||||||||
| Other Short Term Loans | -3,000 | 3,000 | ||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -1 | 1 | ||||||||||||
| cash flow from financing | -1 | -6,000 | 6,000 | 1 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -12,151 | 3,150 | 9,857 | -13,992 | -586 | 8,717 | 2,608 | 1,234 | -449 | 418 | 2,050 | |||
| overdraft | ||||||||||||||
| change in cash | -12,151 | 3,150 | 9,857 | -13,992 | -586 | 8,717 | 2,608 | 1,234 | -449 | 418 | 2,050 |
somerset tourism association community interest company Credit Report and Business Information
Somerset Tourism Association Community Interest Company Competitor Analysis
Perform a competitor analysis for somerset tourism association community interest company by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BA5 area or any other competitors across 12 key performance metrics.
somerset tourism association community interest company Ownership
SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY group structure
Somerset Tourism Association Community Interest Company has no subsidiary companies.
Ultimate parent company
SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY
06936680
somerset tourism association community interest company directors
Somerset Tourism Association Community Interest Company currently has 12 directors. The longest serving directors include Mr Daniel Medley (Jul 2009) and Mr John Turner (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Medley | United Kingdom | 51 years | Jul 2009 | - | Director |
| Mr John Turner | 54 years | Sep 2009 | - | Director | |
| Miss Michelle Michael | 57 years | Jul 2010 | - | Director | |
| Mrs Wendy Butt | 56 years | Oct 2014 | - | Director | |
| Mr Antony Brunt | 75 years | Oct 2014 | - | Director | |
| Mr Giles Adams | England | 60 years | Feb 2017 | - | Director |
| Ms Merryn Kidd | England | 51 years | Mar 2017 | - | Director |
| Ms Alison Curran | 65 years | May 2020 | - | Director | |
| Mrs Rusette Auton | England | 59 years | May 2022 | - | Director |
| Mr Marcus Kravis | England | 56 years | Mar 2023 | - | Director |
P&L
September 2023turnover
719.1k
+268%
operating profit
-4.8k
0%
gross margin
22.1%
-2.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-588
-1.15%
total assets
24.9k
+0.14%
cash
856
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
somerset tourism association community interest company company details
company number
06936680
Type
Private Ltd By Guarantee w/o Share Cap
industry
79110 - Travel agency activities
79120 - Tour operator activities
incorporation date
June 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
wookey hole caves, wells, somerset, BA5 1BB
Bank
-
Legal Advisor
-
somerset tourism association community interest company 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 somerset tourism association community interest company.
somerset tourism association community interest company 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 SOMERSET TOURISM ASSOCIATION COMMUNITY INTEREST COMPANY. This can take several minutes, an email will notify you when this has completed.
somerset tourism association community interest company Companies House Filings - See Documents
| date | description | view/download |
|---|
