bourne boat builders ltd
bourne boat builders ltd Company Information
Company Number
08301673
Website
www.bourneboatbuilders.co.ukRegistered Address
teddesley boat yard, teddesley road, stafford, ST19 5RH
Industry
Other manufacturing n.e.c.
Telephone
01785714692
Next Accounts Due
394 days late
Group Structure
View All
Directors
Daniel Payton11 Years
Shareholders
daniel payton 50%
wayne payton 50%
bourne boat builders ltd Estimated Valuation
Pomanda estimates the enterprise value of BOURNE BOAT BUILDERS LTD at £340.1k based on a Turnover of £582.5k and 0.58x industry multiple (adjusted for size and gross margin).
bourne boat builders ltd Estimated Valuation
Pomanda estimates the enterprise value of BOURNE BOAT BUILDERS LTD at £441.1k based on an EBITDA of £106.2k and a 4.15x industry multiple (adjusted for size and gross margin).
bourne boat builders ltd Estimated Valuation
Pomanda estimates the enterprise value of BOURNE BOAT BUILDERS LTD at £144.4k based on Net Assets of £77.5k and 1.86x industry multiple (adjusted for liquidity).
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Bourne Boat Builders Ltd Overview
Bourne Boat Builders Ltd is a live company located in stafford, ST19 5RH with a Companies House number of 08301673. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in November 2012, it's largest shareholder is daniel payton with a 50% stake. Bourne Boat Builders Ltd is a established, small sized company, Pomanda has estimated its turnover at £582.5k with declining growth in recent years.
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Bourne Boat Builders Ltd Health Check
Pomanda's financial health check has awarded Bourne Boat Builders Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £582.5k, make it smaller than the average company (£11m)
- Bourne Boat Builders Ltd
£11m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a faster rate (-0.7%)
- Bourne Boat Builders Ltd
-0.7% - Industry AVG
Production
with a gross margin of 29.2%, this company has a comparable cost of product (29.2%)
- Bourne Boat Builders Ltd
29.2% - Industry AVG
Profitability
an operating margin of 15.7% make it more profitable than the average company (5.6%)
- Bourne Boat Builders Ltd
5.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (71)
3 - Bourne Boat Builders Ltd
71 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Bourne Boat Builders Ltd
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £194.2k, this is more efficient (£143.1k)
- Bourne Boat Builders Ltd
£143.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (58 days)
- Bourne Boat Builders Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (43 days)
- Bourne Boat Builders Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 361 days, this is more than average (65 days)
- Bourne Boat Builders Ltd
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Bourne Boat Builders Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.7%, this is a higher level of debt than the average (52.2%)
86.7% - Bourne Boat Builders Ltd
52.2% - Industry AVG
BOURNE BOAT BUILDERS LTD financials
Bourne Boat Builders Ltd's latest turnover from November 2021 is estimated at £582.5 thousand and the company has net assets of £77.5 thousand. According to their latest financial statements, Bourne Boat Builders Ltd has 3 employees and maintains cash reserves of £50 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 2 | 3 | 3 | 5 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 71,283 | 63,111 | 54,741 | 72,900 | 12,326 | 16,734 | 11,056 | 13,679 | 6,781 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 71,283 | 63,111 | 54,741 | 72,900 | 12,326 | 16,734 | 11,056 | 13,679 | 6,781 |
| Stock & work in progress | 408,289 | 273,541 | 388,400 | 258,625 | 141,485 | 178,500 | 28,000 | 35,000 | 0 |
| Trade Debtors | 41,185 | 52,225 | 20,000 | 49,167 | 20,833 | 20,833 | 83,333 | 79,401 | 817 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 61,783 | 80,939 | 89,167 | 0 | 62,932 | 42,315 | 0 | 0 | 0 |
| Cash | 50 | 923 | 33,558 | 28,563 | 9,518 | 4,854 | 30,122 | 6,325 | 14,177 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 511,307 | 407,628 | 531,125 | 336,355 | 234,768 | 246,502 | 141,455 | 120,726 | 14,994 |
| total assets | 582,590 | 470,739 | 585,866 | 409,255 | 247,094 | 263,236 | 152,511 | 134,405 | 21,775 |
| Bank overdraft | 15,866 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 67,507 | 42,346 | 211,698 | 138,770 | 122,788 | 89,238 | 128,924 | 117,988 | 19,776 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 384,210 | 372,563 | 288,078 | 179,439 | 78,889 | 117,726 | 0 | 0 | 0 |
| total current liabilities | 467,583 | 419,909 | 499,776 | 318,209 | 201,677 | 206,964 | 128,924 | 117,988 | 19,776 |
| loans | 37,500 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 2,043 | 2,043 | 2,043 | 2,599 | 1,300 | 1,624 | 0 |
| total long term liabilities | 37,500 | 45,000 | 2,043 | 2,043 | 2,043 | 2,599 | 1,300 | 1,624 | 0 |
| total liabilities | 505,083 | 464,909 | 501,819 | 320,252 | 203,720 | 209,563 | 130,224 | 119,612 | 19,776 |
| net assets | 77,507 | 5,830 | 84,047 | 89,003 | 43,374 | 53,673 | 22,287 | 14,793 | 1,999 |
| total shareholders funds | 77,507 | 5,830 | 84,047 | 89,003 | 43,374 | 53,673 | 22,287 | 14,793 | 1,999 |
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 14,551 | 13,893 | 18,260 | 24,426 | 4,408 | 4,516 | 3,638 | 4,281 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 134,748 | -114,859 | 129,775 | 117,140 | -37,015 | 150,500 | -7,000 | 35,000 | 0 |
| Debtors | -30,196 | 23,997 | 60,000 | -34,598 | 20,617 | -20,185 | 3,932 | 78,584 | 817 |
| Creditors | 25,161 | -169,352 | 72,928 | 15,982 | 33,550 | -39,686 | 10,936 | 98,212 | 19,776 |
| Accruals and Deferred Income | 11,647 | 84,485 | 108,639 | 100,550 | -38,837 | 117,726 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -2,043 | 0 | 0 | -556 | 1,299 | -324 | 1,624 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,500 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -873 | -32,635 | 4,995 | 19,045 | 4,664 | -25,268 | 23,797 | -7,852 | 14,177 |
| overdraft | 10,866 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,739 | -37,635 | 4,995 | 19,045 | 4,664 | -25,268 | 23,797 | -7,852 | 14,177 |
bourne boat builders ltd Credit Report and Business Information
Bourne Boat Builders Ltd Competitor Analysis
Perform a competitor analysis for bourne boat builders ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in ST19 area or any other competitors across 12 key performance metrics.
bourne boat builders ltd Ownership
BOURNE BOAT BUILDERS LTD group structure
Bourne Boat Builders Ltd has no subsidiary companies.
Ultimate parent company
BOURNE BOAT BUILDERS LTD
08301673
bourne boat builders ltd directors
Bourne Boat Builders Ltd currently has 1 director, Mr Daniel Payton serving since Nov 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Payton | United Kingdom | 33 years | Nov 2012 | - | Director |
P&L
November 2021turnover
582.5k
+21%
operating profit
91.6k
0%
gross margin
29.2%
+2.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2021net assets
77.5k
+12.29%
total assets
582.6k
+0.24%
cash
50
-0.95%
net assets
Total assets minus all liabilities
bourne boat builders ltd company details
company number
08301673
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
November 2012
age
12
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
November 2021
address
teddesley boat yard, teddesley road, stafford, ST19 5RH
accountant
-
auditor
-
bourne boat builders 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 bourne boat builders ltd.
bourne boat builders ltd Companies House Filings - See Documents
| date | description | view/download |
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