Pomanda estimates the enterprise value of ATLANTIC SEAFOODS (EUROPE) LTD at £12.8m based on a Turnover of £29.5m and 0.44x industry multiple (adjusted for size and gross margin).
atlantic seafoods (europe) ltdEstimated Valuation
£6.8m
Pomanda estimates the enterprise value of ATLANTIC SEAFOODS (EUROPE) LTD at £6.8m based on an EBITDA of £1.2m and a 5.8x industry multiple (adjusted for size and gross margin).
atlantic seafoods (europe) ltdEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of ATLANTIC SEAFOODS (EUROPE) LTD at £4.4m based on Net Assets of £2m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Atlantic Seafoods (europe) LtdOverview
Atlantic Seafoods (europe) Ltd is a live company located in london, E14 5ST with a Companies House number of 07737697. It operates in the wholesale of other food, including fish, crustaceans and molluscs sector, SIC Code 46380. Founded in August 2011, it's largest shareholder is
gayan appuhamy & weweldeniyage asha sudani fernando
with a 100% stake. Atlantic Seafoods (europe) Ltd is a established,
large sized company, Pomanda has estimated its turnover at
£29.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Atlantic Seafoods (Europe) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £29.5m, make it in line with the average company (£26.6m)
£29.5m - Atlantic Seafoods (europe) Ltd
£26.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (7.5%)
55% - Atlantic Seafoods (europe) Ltd
7.5% - Industry AVG
Production
with a gross margin of 8.6%, this company has a higher cost of product (14.6%)
8.6% - Atlantic Seafoods (europe) Ltd
14.6% - Industry AVG
Profitability
an operating margin of 4% make it more profitable than the average company (2.9%)
4% - Atlantic Seafoods (europe) Ltd
2.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (38)
6 - Atlantic Seafoods (europe) Ltd
38 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
£42.7k - Atlantic Seafoods (europe) Ltd
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £4.9m, this is more efficient (£619.5k)
£4.9m - Atlantic Seafoods (europe) Ltd
£619.5k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (41 days)
65 days - Atlantic Seafoods (europe) Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (31 days)
71 days - Atlantic Seafoods (europe) Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Atlantic Seafoods (europe) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is more cash available to meet short term requirements (7 weeks)
12 weeks - Atlantic Seafoods (europe) Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72%, this is a higher level of debt than the average (57.7%)
72% - Atlantic Seafoods (europe) Ltd
57.7% - Industry AVG
ATLANTIC SEAFOODS (EUROPE) LTD financials
EXPORT
Atlantic Seafoods (Europe) Ltd's latest turnover from August 2023 is estimated at £29.5 million and the company has net assets of £2 million. According to their latest financial statements, Atlantic Seafoods (Europe) Ltd has 6 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Turnover
29,478,234
24,602,319
21,606,190
7,860,785
6,141,186
6,579,974
12,932,801
3,886,321
3,292,213
1,719,912
1,368,332
1,043,606
Other Income Or Grants
Cost Of Sales
26,933,061
22,127,614
19,807,517
7,280,392
5,663,165
6,040,230
11,928,534
3,586,726
3,046,437
1,572,115
1,264,354
965,223
Gross Profit
2,545,173
2,474,706
1,798,673
580,394
478,021
539,744
1,004,267
299,594
245,776
147,797
103,978
78,383
Admin Expenses
1,377,217
2,025,204
1,449,717
405,205
395,789
566,421
840,013
314,566
160,346
113,927
41,970
52,227
Operating Profit
1,167,956
449,502
348,956
175,189
82,232
-26,677
164,254
-14,972
85,430
33,870
62,008
26,156
Interest Payable
3
387
384
Interest Receivable
56,479
12,776
393
217
1,093
718
205
74
43
34
64
40
Pre-Tax Profit
1,224,435
462,278
349,349
175,406
83,325
-25,959
164,459
-14,898
85,470
33,516
61,688
26,196
Tax
-306,109
-87,833
-66,376
-33,327
-15,832
-31,247
-17,094
-7,038
-14,188
-6,287
Profit After Tax
918,326
374,445
282,973
142,079
67,493
-25,959
133,212
-14,898
68,376
26,478
47,500
19,909
Dividends Paid
Retained Profit
918,326
374,445
282,973
142,079
67,493
-25,959
133,212
-14,898
68,376
26,478
47,500
19,909
Employee Costs
256,088
236,464
242,529
157,915
196,282
182,332
291,336
92,065
92,361
56,919
56,932
30,093
Number Of Employees
6
6
6
4
5
5
9
3
3
2
2
1
EBITDA*
1,175,680
458,679
362,960
190,240
97,832
-16,635
176,330
6,730
89,246
41,111
68,298
27,629
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Tangible Assets
743,287
668,308
153,486
59,491
61,435
39,376
48,093
44,671
66,373
28,022
29,456
5,749
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
743,287
668,308
153,486
59,491
61,435
39,376
48,093
44,671
66,373
28,022
29,456
5,749
Stock & work in progress
Trade Debtors
5,288,179
4,765,230
3,989,446
1,468,528
1,102,236
1,163,616
2,124,924
622,292
530,751
311,381
257,146
164,587
Group Debtors
Misc Debtors
16,209
7,722
5,909
Cash
1,262,004
889,566
570,530
216,179
218,291
73,205
118,179
45,727
13,496
3,822
9,628
16,062
misc current assets
total current assets
6,550,183
5,654,796
4,559,976
1,684,707
1,320,527
1,236,821
2,243,103
668,019
560,456
322,925
272,683
180,649
total assets
7,293,470
6,323,104
4,713,462
1,744,198
1,381,962
1,276,197
2,291,196
712,690
626,829
350,947
302,139
186,398
Bank overdraft
99
11,805
Bank loan
Trade Creditors
5,253,436
5,201,396
3,966,199
1,279,908
1,059,751
1,021,479
2,010,519
565,225
430,161
222,262
181,036
166,389
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
34,305
34,599
41,789
total current liabilities
5,253,436
5,201,396
3,966,199
1,279,908
1,059,751
1,021,479
2,010,519
565,225
464,466
256,960
234,630
166,389
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,253,436
5,201,396
3,966,199
1,279,908
1,059,751
1,021,479
2,010,519
565,225
464,466
256,960
234,630
166,389
net assets
2,040,034
1,121,708
747,263
464,290
322,211
254,718
280,677
147,465
162,363
93,987
67,509
20,009
total shareholders funds
2,040,034
1,121,708
747,263
464,290
322,211
254,718
280,677
147,465
162,363
93,987
67,509
20,009
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Operating Activities
Operating Profit
1,167,956
449,502
348,956
175,189
82,232
-26,677
164,254
-14,972
85,430
33,870
62,008
26,156
Depreciation
7,724
9,177
14,004
15,051
15,600
10,042
12,076
21,702
3,816
7,241
6,290
1,473
Amortisation
Tax
-306,109
-87,833
-66,376
-33,327
-15,832
-31,247
-17,094
-7,038
-14,188
-6,287
Stock
Debtors
522,949
775,784
2,520,918
366,292
-61,380
-961,308
1,502,632
75,332
227,857
56,048
98,468
164,587
Creditors
52,040
1,235,197
2,686,291
220,157
38,272
-989,040
1,445,294
135,064
207,899
41,226
14,647
166,389
Accruals and Deferred Income
-34,305
-294
-7,190
41,789
Deferred Taxes & Provisions
Cash flow from operations
398,662
830,259
461,957
10,778
181,652
-44,367
87,745
32,157
51,900
12,061
12,078
23,144
Investing Activities
capital expenditure
-82,703
-523,999
-107,999
-13,107
-37,659
-1,325
-15,498
-42,167
-5,807
-29,997
-7,222
Change in Investments
cash flow from investments
-82,703
-523,999
-107,999
-13,107
-37,659
-1,325
-15,498
-42,167
-5,807
-29,997
-7,222
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
100
interest
56,479
12,776
393
217
1,093
718
205
74
40
-353
-320
40
cash flow from financing
56,479
12,776
393
217
1,093
718
205
74
40
-353
-320
140
cash and cash equivalents
cash
372,438
319,036
354,351
-2,112
145,086
-44,974
72,452
32,231
9,674
-5,806
-6,434
16,062
overdraft
-99
-11,706
11,805
change in cash
372,438
319,036
354,351
-2,112
145,086
-44,974
72,452
32,231
9,773
5,900
-18,239
16,062
atlantic seafoods (europe) ltd 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 atlantic seafoods (europe) ltd. Get real-time insights into atlantic seafoods (europe) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for atlantic seafoods (europe) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
atlantic seafoods (europe) ltd Ownership
ATLANTIC SEAFOODS (EUROPE) LTD group structure
Atlantic Seafoods (Europe) Ltd has no subsidiary companies.
Ultimate parent company
ATLANTIC SEAFOODS (EUROPE) LTD
07737697
ATLANTIC SEAFOODS (EUROPE) LTD Shareholders
The sole shareholder of Atlantic Seafoods (Europe) Ltd is Gayan Appuhamy & Weweldeniyage Asha Sudani Fernando.
gayan appuhamy & weweldeniyage asha sudani fernando
100%
atlantic seafoods (europe) ltd directors
Atlantic Seafoods (Europe) Ltd currently has 2 directors.
The longest serving directors include
Mr Wedamuni Appuhamy (Aug 2011) and
Mrs Weweldeniyage Fernando (Nov 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 did not find charges/mortgages relating to atlantic seafoods (europe) ltd.
atlantic seafoods (europe) 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.
Click to start generating capital raising & share issue transactions for ATLANTIC SEAFOODS (EUROPE) LTD. This can take several minutes, an email will notify you when this has completed.
atlantic seafoods (europe) ltdCompanies House Filings - See Documents
