severn bay corporate solutions ltd
severn bay corporate solutions ltd Company Information
Company Number
07254924
Next Accounts
Feb 2025
Industry
Activities of insurance agents and brokers
Shareholders
nigel anthony adams
karen adams
View AllGroup Structure
View All
Contact
Registered Address
11 drake walk brigantine place, cardiff, CF10 4AN
Website
www.severnbay.comsevern bay corporate solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SEVERN BAY CORPORATE SOLUTIONS LTD at £606.2k based on a Turnover of £548.5k and 1.11x industry multiple (adjusted for size and gross margin).
severn bay corporate solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SEVERN BAY CORPORATE SOLUTIONS LTD at £22.3k based on an EBITDA of £3.4k and a 6.6x industry multiple (adjusted for size and gross margin).
severn bay corporate solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of SEVERN BAY CORPORATE SOLUTIONS LTD at £57.3k based on Net Assets of £31.4k and 1.83x industry multiple (adjusted for liquidity).
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Severn Bay Corporate Solutions Ltd Overview
Severn Bay Corporate Solutions Ltd is a live company located in cardiff, CF10 4AN with a Companies House number of 07254924. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2010, it's largest shareholder is nigel anthony adams with a 60% stake. Severn Bay Corporate Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £548.5k with high growth in recent years.
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Severn Bay Corporate Solutions Ltd Health Check
Pomanda's financial health check has awarded Severn Bay Corporate Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £548.5k, make it smaller than the average company (£2.7m)
- Severn Bay Corporate Solutions Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (5.5%)
- Severn Bay Corporate Solutions Ltd
5.5% - Industry AVG
Production
with a gross margin of 96.9%, this company has a comparable cost of product (96.9%)
- Severn Bay Corporate Solutions Ltd
96.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (19%)
- Severn Bay Corporate Solutions Ltd
19% - Industry AVG
Employees
with 5 employees, this is below the industry average (17)
5 - Severn Bay Corporate Solutions Ltd
17 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Severn Bay Corporate Solutions Ltd
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £109.7k, this is equally as efficient (£109.7k)
- Severn Bay Corporate Solutions Ltd
£109.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Severn Bay Corporate Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Severn Bay Corporate Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Severn Bay Corporate Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 264 weeks, this is more cash available to meet short term requirements (36 weeks)
264 weeks - Severn Bay Corporate Solutions Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62%, this is a similar level of debt than the average (60%)
62% - Severn Bay Corporate Solutions Ltd
60% - Industry AVG
SEVERN BAY CORPORATE SOLUTIONS LTD financials
Severn Bay Corporate Solutions Ltd's latest turnover from May 2023 is estimated at £548.5 thousand and the company has net assets of £31.4 thousand. According to their latest financial statements, Severn Bay Corporate Solutions Ltd has 5 employees and maintains cash reserves of £70.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,667 | 5,511 | 7,216 | 6,912 | 6,107 | 7,189 | 6,463 | 7,945 | 4,897 | 4,685 | 3,421 | 1,625 | 2,096 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,667 | 5,511 | 7,216 | 6,912 | 6,107 | 7,189 | 6,463 | 7,945 | 4,897 | 4,685 | 3,421 | 1,625 | 2,096 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 43,819 | 19,114 | 35,510 | 32,642 | 44,574 | 5,382 | 83,719 | 107,923 | 81,507 | 65,465 | 63,579 | 38,550 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 711 | 5,168 | 30,211 | 16,169 | 16,848 | 33,366 | 79,482 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 70,667 | 42,223 | 19,849 | 30,701 | 655 | 17,150 | 14,476 | 7,187 | 0 | 1,081 | 299 | 2,644 | 1,135 |
| misc current assets | 5,476 | 0 | 856 | 0 | 98 | 220 | 220 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 76,854 | 91,210 | 70,030 | 82,380 | 50,243 | 95,310 | 99,560 | 90,906 | 107,923 | 82,588 | 65,764 | 66,223 | 39,685 |
| total assets | 82,521 | 96,721 | 77,246 | 89,292 | 56,350 | 102,499 | 106,023 | 98,851 | 112,820 | 87,273 | 69,185 | 67,848 | 41,781 |
| Bank overdraft | 4,812 | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 14,657 | 14,658 | 8,704 | 70,478 | 69,604 | 42,743 | 33,137 | 32,960 | 16,249 |
| Group/Directors Accounts | 9,100 | 9,700 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 40,000 | 10,000 | 25,229 | 17,418 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 16,322 | 12,843 | 12,067 | 12,551 | 4,970 | 14,934 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,912 | 26,022 | 22,843 | 52,067 | 37,208 | 44,857 | 41,056 | 70,478 | 69,604 | 42,743 | 33,137 | 32,960 | 16,249 |
| loans | 37,222 | 23,611 | 30,000 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38,000 | 58,900 | 73,700 | 64,900 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,222 | 23,611 | 30,000 | 0 | 0 | 0 | 0 | 0 | 0 | 38,000 | 58,900 | 73,700 | 64,900 |
| total liabilities | 51,134 | 49,633 | 52,843 | 52,067 | 37,208 | 44,857 | 41,056 | 70,478 | 69,604 | 80,743 | 92,037 | 106,660 | 81,149 |
| net assets | 31,387 | 47,088 | 24,403 | 37,225 | 19,142 | 57,642 | 64,967 | 28,373 | 43,216 | 6,530 | -22,852 | -38,812 | -39,368 |
| total shareholders funds | 31,387 | 47,088 | 24,403 | 37,225 | 19,142 | 57,642 | 64,967 | 28,373 | 43,216 | 6,530 | -22,852 | -38,812 | -39,368 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 3,170 | 2,734 | 1,273 | 885 | 1,082 | 1,166 | 1,456 | 1,316 | 1,095 | 786 | 665 | 369 | |
| Amortisation | 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 |
| Debtors | -48,276 | -338 | -2,354 | 2,189 | -28,450 | -6,924 | 1,145 | -24,204 | 26,416 | 16,042 | 1,886 | 25,029 | 38,550 |
| Creditors | 0 | 0 | 0 | -14,657 | -1 | 5,954 | -61,774 | 874 | 26,861 | 9,606 | 177 | 16,711 | 16,249 |
| Accruals and Deferred Income | -16,322 | 3,479 | 776 | -484 | 7,581 | -9,964 | 14,934 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -600 | -300 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -40,000 | 30,000 | -15,229 | 7,811 | 17,418 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 13,611 | -6,389 | 30,000 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -38,000 | -20,900 | -14,800 | 8,800 | 64,900 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 28,444 | 22,374 | -10,852 | 30,046 | -16,495 | 2,674 | 7,289 | 7,187 | -1,081 | 782 | -2,345 | 1,509 | 1,135 |
| overdraft | 4,812 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 23,632 | 22,374 | -10,852 | 30,046 | -16,495 | 2,674 | 7,289 | 7,187 | -1,081 | 782 | -2,345 | 1,509 | 1,135 |
severn bay corporate solutions ltd Credit Report and Business Information
Severn Bay Corporate Solutions Ltd Competitor Analysis
Perform a competitor analysis for severn bay corporate solutions ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in CF10 area or any other competitors across 12 key performance metrics.
severn bay corporate solutions ltd Ownership
SEVERN BAY CORPORATE SOLUTIONS LTD group structure
Severn Bay Corporate Solutions Ltd has no subsidiary companies.
Ultimate parent company
SEVERN BAY CORPORATE SOLUTIONS LTD
07254924
severn bay corporate solutions ltd directors
Severn Bay Corporate Solutions Ltd currently has 3 directors. The longest serving directors include Mr Nigel Adams (May 2010) and Mrs Karen Adams (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Adams | 60 years | May 2010 | - | Director | |
| Mrs Karen Adams | 60 years | Apr 2015 | - | Director | |
| Mr Peter Fortune | Wales | 76 years | Sep 2016 | - | Director |
P&L
May 2023turnover
548.5k
+29%
operating profit
205.3
0%
gross margin
97%
+4.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
31.4k
-0.33%
total assets
82.5k
-0.15%
cash
70.7k
+0.67%
net assets
Total assets minus all liabilities
severn bay corporate solutions ltd company details
company number
07254924
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
May 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
NO NONSENSE ACCOUNTANCY LTD
auditor
-
address
11 drake walk brigantine place, cardiff, CF10 4AN
Bank
-
Legal Advisor
-
severn bay corporate solutions 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 did not find charges/mortgages relating to severn bay corporate solutions ltd.
severn bay corporate solutions ltd Capital Raised & Share Issues BETA
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severn bay corporate solutions ltd Companies House Filings - See Documents
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