Pomanda estimates the enterprise value of PASSION FOR CRUISES LTD at £1.5m based on a Turnover of £1.6m and 0.88x industry multiple (adjusted for size and gross margin).
passion for cruises ltdEstimated Valuation
£373.2k
Pomanda estimates the enterprise value of PASSION FOR CRUISES LTD at £373.2k based on an EBITDA of £86.5k and a 4.32x industry multiple (adjusted for size and gross margin).
passion for cruises ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PASSION FOR CRUISES LTD at £0 based on Net Assets of £-77.5k and 1.94x industry multiple (adjusted for liquidity).
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Passion For Cruises LtdOverview
Passion For Cruises Ltd is a live company located in cardiff, CF23 8RD with a Companies House number of 08065863. It operates in the travel agency activities sector, SIC Code 79110. Founded in May 2012, it's largest shareholder is
newell's travel group limited
with a 60% stake. Passion For Cruises Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Passion For Cruises Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£13.4m)
£1.6m - Passion For Cruises Ltd
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a slower rate (43.2%)
13% - Passion For Cruises Ltd
43.2% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
23.3% - Passion For Cruises Ltd
23.3% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (4.5%)
5.2% - Passion For Cruises Ltd
4.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (35)
5 - Passion For Cruises Ltd
35 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
£45.4k - Passion For Cruises Ltd
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £329.3k, this is equally as efficient (£326.4k)
£329.3k - Passion For Cruises Ltd
£326.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Passion For Cruises Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (27 days)
47 days - Passion For Cruises Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Passion For Cruises Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (25 weeks)
3 weeks - Passion For Cruises Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122.9%, this is a higher level of debt than the average (78.6%)
122.9% - Passion For Cruises Ltd
78.6% - Industry AVG
PASSION FOR CRUISES LTD financials
EXPORT
Passion For Cruises Ltd's latest turnover from June 2024 is estimated at £1.6 million and the company has net assets of -£77.5 thousand. According to their latest financial statements, Passion For Cruises Ltd has 5 employees and maintains cash reserves of £22.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Turnover
1,646,421
978,615
904,438
1,138,625
1,542,013
2,676,054
1,213,039
896,626
690,772
377,545
107,454
69,385
Other Income Or Grants
Cost Of Sales
1,262,664
747,078
677,225
893,341
1,212,658
2,158,862
973,250
736,908
575,643
312,480
89,894
58,252
Gross Profit
383,757
231,537
227,213
245,284
329,355
517,193
239,788
159,718
115,128
65,065
17,560
11,133
Admin Expenses
297,578
333,263
206,189
224,950
316,894
514,053
238,930
155,518
107,876
61,627
17,553
10,982
Operating Profit
86,179
-101,726
21,024
20,334
12,461
3,140
858
4,200
7,252
3,438
7
151
Interest Payable
18,984
29,298
21,736
17,001
12,189
10,948
5,764
Interest Receivable
666
82
53
30
26
383
239
2
62
58
7
7
Pre-Tax Profit
67,860
-130,942
-659
3,363
298
-7,425
-4,668
4,202
7,314
3,496
14
158
Tax
-16,965
-639
-57
-798
-1,463
-699
-3
-36
Profit After Tax
50,895
-130,942
-659
2,724
241
-7,425
-4,668
3,404
5,851
2,797
11
122
Dividends Paid
Retained Profit
50,895
-130,942
-659
2,724
241
-7,425
-4,668
3,404
5,851
2,797
11
122
Employee Costs
227,240
210,299
169,520
200,981
247,523
343,183
169,248
94,518
94,471
59,169
28,898
28,138
Number Of Employees
5
5
5
6
7
10
5
3
3
2
1
1
EBITDA*
86,486
-101,339
21,337
21,236
13,418
3,959
858
4,200
8,859
4,999
1,507
1,544
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Tangible Assets
718
1,025
182
495
1,397
2,354
1,922
317
366
1,793
3,105
4,177
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
18,430
26,000
Total Fixed Assets
718
1,025
18,612
26,495
1,397
2,354
1,922
317
366
1,793
3,105
4,177
Stock & work in progress
Trade Debtors
369,637
338,380
215,841
189,343
159,128
99,890
70,388
40,474
7,011
2,635
Group Debtors
Misc Debtors
316,124
210,259
2,099
12,780
12,413
7,188
1,753
Cash
22,074
3,285
14,117
45,065
6,740
95,415
1,595
23,154
2,923
misc current assets
total current assets
338,198
213,544
371,736
365,277
273,319
203,271
256,296
99,890
71,983
63,628
7,011
5,558
total assets
338,916
214,569
390,348
391,772
274,716
205,625
258,218
100,207
72,349
65,421
10,116
9,735
Bank overdraft
51,779
49,359
43,126
29,638
27,808
33,297
30,964
Bank loan
Trade Creditors
165,423
84,992
3,309
3,052
7,037
14,284
40,227
27,254
20,907
9,262
8,261
Group/Directors Accounts
4,117
other short term finances
hp & lease commitments
other current liabilities
106,979
64,587
27,257
14,924
14,618
58,412
54,845
total current liabilities
324,181
198,938
73,692
47,614
49,463
91,709
104,210
40,227
27,254
20,907
9,262
8,261
loans
92,284
144,075
296,131
275,145
224,820
113,724
146,391
hp & lease commitments
Accruals and Deferred Income
65,856
14,920
other liabilities
18,027
32,875
36,141
41,484
417
provisions
73
621
835
total long term liabilities
92,284
144,075
314,158
341,001
224,820
113,724
146,391
47,795
36,214
41,484
621
1,252
total liabilities
416,465
343,013
387,850
388,615
274,283
205,433
250,601
88,022
63,468
62,391
9,883
9,513
net assets
-77,549
-128,444
2,498
3,157
433
192
7,617
12,185
8,881
3,030
233
222
total shareholders funds
-77,549
-128,444
2,498
3,157
433
192
7,617
12,185
8,881
3,030
233
222
Jun 2024
Jun 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Operating Activities
Operating Profit
86,179
-101,726
21,024
20,334
12,461
3,140
858
4,200
7,252
3,438
7
151
Depreciation
307
387
313
902
957
819
1,607
1,561
1,500
1,393
Amortisation
Tax
-16,965
-639
-57
-798
-1,463
-699
-3
-36
Stock
Debtors
105,865
-179,907
13,006
148,906
31,723
35,650
60,991
29,502
29,914
33,463
4,376
2,635
Creditors
80,431
81,683
257
-3,985
7,037
-14,284
-25,943
12,973
6,347
11,645
1,001
8,261
Accruals and Deferred Income
42,392
37,330
-53,523
66,162
-43,794
3,567
39,925
14,920
Deferred Taxes & Provisions
-73
73
-621
-214
835
Cash flow from operations
86,479
197,581
-44,935
-66,132
-55,119
-42,408
-46,151
1,720
-16,098
-18,139
-2,085
7,969
Investing Activities
capital expenditure
-1,230
-1,251
-1,605
49
-180
-249
-428
-5,570
Change in Investments
cash flow from investments
-1,230
-1,251
-1,605
49
-180
-249
-428
-5,570
Financing Activities
Bank loans
Group/Directors Accounts
-4,117
4,117
Other Short Term Loans
Long term loans
-51,791
-152,056
20,986
50,325
111,096
-32,667
146,391
Hire Purchase and Lease Commitments
other long term liabilities
-18,027
18,027
-32,875
-3,266
-5,343
41,484
-417
417
share issue
100
-100
100
interest
-18,318
-29,216
-21,683
-16,971
-12,163
-10,565
-5,525
2
62
58
7
7
cash flow from financing
-70,109
-199,299
17,330
33,354
98,933
-47,349
112,208
-3,364
-5,281
41,542
-410
524
cash and cash equivalents
cash
18,789
3,285
-14,117
-30,948
38,325
-88,675
95,415
-1,595
-21,559
23,154
-2,923
2,923
overdraft
2,420
6,233
13,488
1,830
-5,489
2,333
30,964
change in cash
16,369
-2,948
-27,605
-32,778
43,814
-91,008
64,451
-1,595
-21,559
23,154
-2,923
2,923
passion for cruises 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 passion for cruises ltd. Get real-time insights into passion for cruises ltd's credit score, group structure and payment trends.
Perform a competitor analysis for passion for cruises ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CF23 area or any other competitors across 12 key performance metrics.
passion for cruises ltd Ownership
PASSION FOR CRUISES LTD group structure
Passion For Cruises Ltd has no subsidiary companies.
The largest shareholders in Passion For Cruises Ltd include Newell'S Travel Group Limited and Travelmode Consultants Limited.
newell's travel group limited
60%
travelmode consultants limited
20%
stephen meyrick anthony cartwright
20%
passion for cruises ltd directors
Passion For Cruises Ltd currently has 5 directors.
The longest serving directors include
Mr Stilianos Philippou (May 2012) and
Mr Stephen Cartwright (May 2012).
cedar house greenwood close, cardiff gate business park, cardiff, CF23 8RD
Bank
-
Legal Advisor
-
passion for cruises 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 passion for cruises ltd.
passion for cruises 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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passion for cruises ltdCompanies House Filings - See Documents
