buccaneer boats ltd
buccaneer boats ltd Company Information
Company Number
06981573
Next Accounts
Jun 2026
Shareholders
john lakeman
paul draper
View AllGroup Structure
View All
Industry
Building of ships and floating structures
Registered Address
9 tregarne terrace, st. austell, cornwall, PL25 4DD
Website
www.buccaneerboats.co.ukbuccaneer boats ltd Estimated Valuation
Pomanda estimates the enterprise value of BUCCANEER BOATS LTD at £280.1k based on a Turnover of £644.3k and 0.43x industry multiple (adjusted for size and gross margin).
buccaneer boats ltd Estimated Valuation
Pomanda estimates the enterprise value of BUCCANEER BOATS LTD at £0 based on an EBITDA of £-6.7k and a 3.34x industry multiple (adjusted for size and gross margin).
buccaneer boats ltd Estimated Valuation
Pomanda estimates the enterprise value of BUCCANEER BOATS LTD at £0 based on Net Assets of £-356.2k and 2.66x industry multiple (adjusted for liquidity).
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Buccaneer Boats Ltd Overview
Buccaneer Boats Ltd is a live company located in cornwall, PL25 4DD with a Companies House number of 06981573. It operates in the building of ships and floating structures sector, SIC Code 30110. Founded in August 2009, it's largest shareholder is john lakeman with a 20% stake. Buccaneer Boats Ltd is a established, small sized company, Pomanda has estimated its turnover at £644.3k with low growth in recent years.
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Buccaneer Boats Ltd Health Check
Pomanda's financial health check has awarded Buccaneer Boats Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £644.3k, make it smaller than the average company (£17.1m)
- Buccaneer Boats Ltd
£17.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (11.4%)
- Buccaneer Boats Ltd
11.4% - Industry AVG
Production
with a gross margin of 5.1%, this company has a higher cost of product (18.6%)
- Buccaneer Boats Ltd
18.6% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (6.1%)
- Buccaneer Boats Ltd
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (114)
1 - Buccaneer Boats Ltd
114 - Industry AVG
Pay Structure
on an average salary of £52.6k, the company has an equivalent pay structure (£52.6k)
- Buccaneer Boats Ltd
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £644.3k, this is more efficient (£189.9k)
- Buccaneer Boats Ltd
£189.9k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (32 days)
- Buccaneer Boats Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 247 days, this is slower than average (29 days)
- Buccaneer Boats Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Buccaneer Boats Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Buccaneer Boats Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 710.4%, this is a higher level of debt than the average (63.8%)
710.4% - Buccaneer Boats Ltd
63.8% - Industry AVG
BUCCANEER BOATS LTD financials
Buccaneer Boats Ltd's latest turnover from September 2024 is estimated at £644.3 thousand and the company has net assets of -£356.2 thousand. According to their latest financial statements, Buccaneer Boats Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | 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 | |||||||||||||||
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | 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 | 42,121 | 46,801 | 52,001 | 57,779 | 64,199 | 71,332 | 79,257 | 88,064 | 97,849 | 106,829 | 118,699 | 131,888 | 146,542 | 162,824 | 178,100 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 42,121 | 46,801 | 52,001 | 57,779 | 64,199 | 71,332 | 79,257 | 88,064 | 97,849 | 106,829 | 118,699 | 131,888 | 146,542 | 162,824 | 178,100 |
| Stock & work in progress | 1,721 | 999 | 1,721 | 18,736 | |||||||||||
| Trade Debtors | 16,229 | 19,456 | 26,863 | 24,589 | 69,529 | 72,903 | 85,777 | 5,292 | 58,007 | 62,517 | 6,600 | 7,770 | 7,479 | 3,128 | 142,038 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 1,746 | 1,529 | 1,309 | 2,686 | 3,768 | 24,970 | |||||||||
| misc current assets | |||||||||||||||
| total current assets | 16,229 | 19,456 | 26,863 | 24,589 | 69,529 | 72,903 | 85,777 | 5,292 | 59,753 | 64,046 | 7,909 | 12,177 | 8,478 | 8,617 | 185,744 |
| total assets | 58,350 | 66,257 | 78,864 | 82,368 | 133,728 | 144,235 | 165,034 | 93,356 | 157,602 | 170,875 | 126,608 | 144,065 | 155,020 | 171,441 | 363,844 |
| Bank overdraft | 1,841 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 414,532 | 415,788 | 416,165 | 415,354 | 458,245 | 459,263 | 565,597 | 478,952 | 526,350 | 557,665 | 436,829 | 431,690 | 481,625 | 412,151 | 489,844 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 414,532 | 415,788 | 416,165 | 415,354 | 458,245 | 459,263 | 565,597 | 478,952 | 526,350 | 557,665 | 436,829 | 431,690 | 483,466 | 412,151 | 489,844 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 414,532 | 415,788 | 416,165 | 415,354 | 458,245 | 459,263 | 565,597 | 478,952 | 526,350 | 557,665 | 436,829 | 431,690 | 483,466 | 412,151 | 489,844 |
| net assets | -356,182 | -349,531 | -337,301 | -332,986 | -324,517 | -315,028 | -400,563 | -385,596 | -368,748 | -386,790 | -310,221 | -287,625 | -328,446 | -240,710 | -126,000 |
| total shareholders funds | -356,182 | -349,531 | -337,301 | -332,986 | -324,517 | -315,028 | -400,563 | -385,596 | -368,748 | -386,790 | -310,221 | -287,625 | -328,446 | -240,710 | -126,000 |
| Sep 2024 | 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 | |||||||||||||||
| Depreciation | 8,980 | 11,870 | 13,189 | 14,654 | 16,282 | 18,092 | 15,268 | ||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,721 | 722 | -722 | -17,015 | 18,736 | ||||||||||
| Debtors | -3,227 | -7,407 | 2,274 | -44,940 | -3,374 | -12,874 | 80,485 | -52,715 | -4,510 | 55,917 | -1,170 | 291 | 4,351 | -138,910 | 142,038 |
| Creditors | -1,256 | -377 | 811 | -42,891 | -1,018 | -106,334 | 86,645 | -47,398 | -31,315 | 120,836 | 5,139 | -49,935 | 69,474 | -77,693 | 489,844 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,746 | 217 | 220 | -1,377 | 2,686 | -3,768 | -21,202 | 24,970 | |||||||
| overdraft | -1,841 | 1,841 | |||||||||||||
| change in cash | -1,746 | 217 | 220 | -1,377 | 4,527 | -5,609 | -21,202 | 24,970 |
buccaneer boats ltd Credit Report and Business Information
Buccaneer Boats Ltd Competitor Analysis
Perform a competitor analysis for buccaneer boats ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in PL25 area or any other competitors across 12 key performance metrics.
buccaneer boats ltd Ownership
BUCCANEER BOATS LTD group structure
Buccaneer Boats Ltd has no subsidiary companies.
Ultimate parent company
BUCCANEER BOATS LTD
06981573
buccaneer boats ltd directors
Buccaneer Boats Ltd currently has 5 directors. The longest serving directors include Mr Michael Beacham (Aug 2009) and Mr Edward Lakeman (Aug 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Beacham | 79 years | Aug 2009 | - | Director | |
| Mr Edward Lakeman | England | 53 years | Aug 2009 | - | Director |
| Mr Paul Draper | England | 73 years | Aug 2009 | - | Director |
| Mr John Lakeman | 81 years | Aug 2009 | - | Director | |
| Mr John Mitchell | England | 82 years | Aug 2009 | - | Director |
P&L
September 2024turnover
644.3k
+13%
operating profit
-6.7k
0%
gross margin
5.2%
-48.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
-356.2k
+0.02%
total assets
58.4k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
buccaneer boats ltd company details
company number
06981573
Type
Private limited with Share Capital
industry
30110 - Building of ships and floating structures
incorporation date
August 2009
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
-
address
9 tregarne terrace, st. austell, cornwall, PL25 4DD
Bank
-
Legal Advisor
-
buccaneer boats ltd 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 buccaneer boats ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
buccaneer boats ltd 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.
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buccaneer boats ltd Companies House Filings - See Documents
| date | description | view/download |
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