Pomanda estimates the enterprise value of SURF BRISTOL LIMITED at £9.9m based on a Turnover of £9.2m and 1.08x industry multiple (adjusted for size and gross margin).
surf bristol limitedEstimated Valuation
£10.3m
Pomanda estimates the enterprise value of SURF BRISTOL LIMITED at £10.3m based on an EBITDA of £2.5m and a 4.21x industry multiple (adjusted for size and gross margin).
surf bristol limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SURF BRISTOL LIMITED at £0 based on Net Assets of £-9.2m and 1.87x industry multiple (adjusted for liquidity).
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Surf Bristol LimitedOverview
Surf Bristol Limited is a live company located in bristol, BS2 0ZX with a Companies House number of 07684630. It operates in the other sports activities sector, SIC Code 93199. Founded in June 2011, it's largest shareholder is
the wave group (midco) limited
with a 100% stake. Surf Bristol Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£9.2m with
low
growth in recent years.
Pomanda's financial health check has awarded Surf Bristol Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
4 Regular
4 Weak
Size
annual sales of £9.2m, make it larger than the average company (£545.5k)
£9.2m - Surf Bristol Limited
£545.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.7%)
2% - Surf Bristol Limited
11.7% - Industry AVG
Production
with a gross margin of 48.8%, this company has a comparable cost of product (45.6%)
48.8% - Surf Bristol Limited
45.6% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (2%)
-1.4% - Surf Bristol Limited
2% - Industry AVG
Employees
with 146 employees, this is above the industry average (13)
146 - Surf Bristol Limited
13 - Industry AVG
Pay Structure
on an average salary of £18.4k, the company has a lower pay structure (£26.9k)
£18.4k - Surf Bristol Limited
£26.9k - Industry AVG
Efficiency
resulting in sales per employee of £62.9k, this is equally as efficient (£64.1k)
£62.9k - Surf Bristol Limited
£64.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (16 days)
1 days - Surf Bristol Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is close to average (30 days)
31 days - Surf Bristol Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is in line with average (16 days)
17 days - Surf Bristol Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (64 weeks)
0 weeks - Surf Bristol Limited
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 151%, this is a higher level of debt than the average (39.9%)
151% - Surf Bristol Limited
39.9% - Industry AVG
SURF BRISTOL LIMITED financials
EXPORT
Surf Bristol Limited's latest turnover from February 2024 is £9.2 million and the company has net assets of -£9.2 million. According to their latest financial statements, Surf Bristol Limited has 146 employees and maintains cash reserves of £177.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Turnover
9,181,126
8,391,921
8,682,937
3,771,287
478,546
885,590
70,637
191,970
224,590
157,697
153,226
281,175
Other Income Or Grants
Cost Of Sales
4,699,540
4,880,776
4,123,682
2,937,981
625,016
677,172
51,735
144,063
165,185
118,145
116,591
215,769
Gross Profit
4,481,586
3,511,145
4,559,255
833,306
-146,470
208,417
18,901
47,907
59,405
39,552
36,635
65,406
Admin Expenses
4,614,163
4,198,365
3,064,123
2,604,587
1,447,894
1,019,495
238,864
568,042
337,185
124,835
93,949
70,196
Operating Profit
-132,577
-687,220
1,495,132
-1,771,281
-1,594,364
-811,078
-219,963
-520,135
-277,780
-85,283
-57,314
-4,790
Interest Payable
604,987
1,192,082
1,499,901
1,397,747
648,531
4,725
4,550
Interest Receivable
784
4,680
1,061
759
1,078
59
40
1
Pre-Tax Profit
-737,564
-1,879,302
-3,985
-3,169,028
-2,279,772
-811,123
-223,452
-519,376
-276,702
-85,224
-57,274
-4,789
Tax
-130,897
187,165
24,137
Profit After Tax
-868,461
-1,692,137
20,152
-3,169,028
-2,279,772
-811,123
-223,452
-519,376
-276,702
-85,224
-57,274
-4,789
Dividends Paid
Retained Profit
-868,461
-1,692,137
20,152
-3,169,028
-2,279,772
-811,123
-223,452
-519,376
-276,702
-85,224
-57,274
-4,789
Employee Costs
2,692,474
2,674,119
2,566,981
1,904,308
432,490
43,898
20,964
43,709
48,526
24,555
24,417
51,208
Number Of Employees
146
201
198
109
24
2
1
2
2
1
1
2
EBITDA*
2,451,798
1,446,406
3,403,176
-13,009
-1,386,533
-809,972
-219,493
-520,135
-277,780
-85,283
-57,314
-4,790
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Tangible Assets
16,892,008
18,759,324
20,129,741
20,964,891
23,772,061
4,822,740
1,410
Intangible Assets
349,348
338,335
370,815
405,909
393,176
335,455
106,917
345,053
269,625
148,659
31,989
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
17,241,356
19,097,659
20,500,556
21,370,800
24,165,237
4,822,740
336,865
106,917
345,053
269,625
148,659
31,989
Stock & work in progress
223,817
221,555
260,469
202,679
132,232
820
820
1,540
Trade Debtors
38,619
39,617
41,674
77,174
43,716
490
5,157
5,585
16,886
45,361
Group Debtors
144,462
1,488,263
8,178,784
8,182,744
7,949,975
99,387
63,331
38,247
Misc Debtors
196,135
771,224
275,569
89,389
586,764
570,739
4,086
1,755
Cash
177,466
19,345
268,518
520,540
54,799
1,007,516
240,453
184,063
423,136
8,167
15,568
500
misc current assets
63
total current assets
780,499
2,540,004
9,025,014
9,072,526
8,767,486
1,677,642
308,423
224,065
428,293
14,572
33,274
47,401
total assets
18,021,855
21,637,663
29,525,570
30,443,326
32,932,723
6,500,382
645,288
330,982
773,346
284,197
181,933
79,390
Bank overdraft
Bank loan
Trade Creditors
407,646
659,243
620,797
1,117,471
2,735,790
764,668
100,552
78,336
211,423
156,482
73,994
54,177
Group/Directors Accounts
11,761,567
14,278,906
14,971,694
15,983,132
31,115,425
6,737,744
583,071
other short term finances
10,000
hp & lease commitments
12,148
13,559
7,941
other current liabilities
2,889,860
2,532,546
2,951,460
2,260,047
2,537,885
205,907
121,307
197,549
total current liabilities
15,059,073
17,470,695
18,556,099
19,374,209
36,397,041
7,708,319
814,930
275,885
211,423
156,482
73,994
54,177
loans
130,000
hp & lease commitments
3,722
7,836
23,391
Accruals and Deferred Income
97,172
other liabilities
12,159,966
12,495,691
17,602,335
17,718,019
228,459
215,909
105,000
provisions
total long term liabilities
12,159,966
12,495,691
17,606,057
17,725,855
23,391
227,172
228,459
215,909
105,000
total liabilities
27,219,039
29,966,386
36,162,156
37,100,064
36,420,432
7,708,319
1,042,102
504,344
427,332
261,482
73,994
54,177
net assets
-9,197,184
-8,328,723
-6,636,586
-6,656,738
-3,487,709
-1,207,937
-396,814
-173,362
346,014
22,715
107,939
25,213
total shareholders funds
-9,197,184
-8,328,723
-6,636,586
-6,656,738
-3,487,709
-1,207,937
-396,814
-173,362
346,014
22,715
107,939
25,213
Feb 2024
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Operating Activities
Operating Profit
-132,577
-687,220
1,495,132
-1,771,281
-1,594,364
-811,078
-219,963
-520,135
-277,780
-85,283
-57,314
-4,790
Depreciation
2,288,354
1,851,996
1,663,866
1,575,480
166,221
1,106
470
Amortisation
296,021
281,630
244,178
182,792
41,610
Tax
-130,897
187,165
24,137
Stock
223,817
-38,914
57,790
70,447
132,232
-820
-720
1,540
Debtors
379,216
-6,196,923
146,720
-231,148
7,910,329
602,219
27,905
34,845
-428
-11,301
-28,475
45,361
Creditors
407,646
38,446
-496,674
-1,618,319
1,971,122
664,116
22,216
-133,087
54,941
82,488
19,817
54,177
Accruals and Deferred Income
2,889,860
-418,914
691,413
-277,838
2,331,978
-12,572
20,930
197,549
Deferred Taxes & Provisions
Cash flow from operations
5,015,374
7,488,940
3,417,542
-1,748,465
-5,125,994
-760,647
-204,252
-490,518
-221,591
8,506
-8,302
2,486
Investing Activities
capital expenditure
-19,825,731
-730,729
-1,037,800
1,036,165
-19,550,328
-4,486,981
-230,418
238,136
-75,428
-120,966
-116,670
-31,989
Change in Investments
cash flow from investments
-19,825,731
-730,729
-1,037,800
1,036,165
-19,550,328
-4,486,981
-230,418
238,136
-75,428
-120,966
-116,670
-31,989
Financing Activities
Bank loans
Group/Directors Accounts
11,761,567
-692,788
-1,011,438
-15,132,293
24,377,681
6,154,673
583,071
Other Short Term Loans
-10,000
10,000
Long term loans
-130,000
130,000
Hire Purchase and Lease Commitments
-15,870
-5,525
-9,937
31,332
other long term liabilities
12,159,966
-5,106,644
-115,684
17,718,019
-228,459
12,550
110,909
105,000
share issue
-8,328,723
-1
600,001
140,000
30,002
interest
-604,987
-1,192,082
-1,499,117
-1,397,747
-648,531
-45
-3,489
759
1,078
59
40
1
cash flow from financing
14,987,823
-7,007,384
-2,631,764
1,178,041
23,760,482
6,014,628
491,123
13,309
711,988
105,059
140,040
30,003
cash and cash equivalents
cash
177,466
-249,173
-252,022
465,741
-952,717
767,063
56,390
-239,073
414,969
-7,401
15,068
500
overdraft
change in cash
177,466
-249,173
-252,022
465,741
-952,717
767,063
56,390
-239,073
414,969
-7,401
15,068
500
surf bristol 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 surf bristol limited. Get real-time insights into surf bristol limited's credit score, group structure and payment trends.
Perform a competitor analysis for surf bristol limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in BS2 area or any other competitors across 12 key performance metrics.
The sole shareholder of Surf Bristol Limited is The Wave Group (Midco) Limited.
the wave group (midco) limited
100%
surf bristol limited directors
Surf Bristol Limited currently has 5 directors.
The longest serving directors include
Mr Richard Sanders (Dec 2022) and
Mr Nicholas Hounsfield (Dec 2022).
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 2 charges/mortgages relating to surf bristol limited. Currently there are 1 open charges and 1 have been satisfied in the past.
surf bristol 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 SURF BRISTOL LIMITED. This can take several minutes, an email will notify you when this has completed.
surf bristol limitedCompanies House Filings - See Documents
