green spinnaker limited
green spinnaker limited Company Information
Company Number
08388032
Next Accounts
Dec 2025
Directors
Shareholders
susan elizabeth blatchford
david andrew blatchford
View AllGroup Structure
View All
Industry
Development of building projects
+1Registered Address
c/o bishop fleming llp, 10 temple back, bristol, BS1 6FL
Website
www.greenspinnaker.co.ukgreen spinnaker limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN SPINNAKER LIMITED at £130.2k based on a Turnover of £166.8k and 0.78x industry multiple (adjusted for size and gross margin).
green spinnaker limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN SPINNAKER LIMITED at £0 based on an EBITDA of £-176.7k and a 4.04x industry multiple (adjusted for size and gross margin).
green spinnaker limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN SPINNAKER LIMITED at £4m based on Net Assets of £2.3m and 1.75x industry multiple (adjusted for liquidity).
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Green Spinnaker Limited Overview
Green Spinnaker Limited is a live company located in bristol, BS1 6FL with a Companies House number of 08388032. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2013, it's largest shareholder is susan elizabeth blatchford with a 66% stake. Green Spinnaker Limited is a established, micro sized company, Pomanda has estimated its turnover at £166.8k with declining growth in recent years.
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Green Spinnaker Limited Health Check
Pomanda's financial health check has awarded Green Spinnaker Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £166.8k, make it smaller than the average company (£3.8m)
- Green Spinnaker Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (18.7%)
- Green Spinnaker Limited
18.7% - Industry AVG
Production
with a gross margin of 45.5%, this company has a comparable cost of product (45.5%)
- Green Spinnaker Limited
45.5% - Industry AVG
Profitability
an operating margin of -107.3% make it less profitable than the average company (7.8%)
- Green Spinnaker Limited
7.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (46)
2 - Green Spinnaker Limited
46 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Green Spinnaker Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £83.4k, this is less efficient (£173.5k)
- Green Spinnaker Limited
£173.5k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (17 days)
- Green Spinnaker Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (38 days)
- Green Spinnaker Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Green Spinnaker Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 488 weeks, this is more cash available to meet short term requirements (9 weeks)
488 weeks - Green Spinnaker Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.2%, this is a lower level of debt than the average (73%)
2.2% - Green Spinnaker Limited
73% - Industry AVG
GREEN SPINNAKER LIMITED financials
Green Spinnaker Limited's latest turnover from March 2024 is estimated at £166.8 thousand and the company has net assets of £2.3 million. According to their latest financial statements, Green Spinnaker Limited has 2 employees and maintains cash reserves of £489.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 4 | 3 | 3 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 703 | 4,891 | 3,441 | 4,144 | 5,893 | 15,507 | 22,106 | 30,007 | |||
| Intangible Assets | |||||||||||
| Investments & Other | 1,134,529 | 606,882 | 294,897 | 429,284 | 429,284 | 458,101 | 429,284 | 1,577,958 | |||
| Debtors (Due After 1 year) | 465,557 | 250,000 | 44,659 | ||||||||
| Total Fixed Assets | 1,600,789 | 611,773 | 298,338 | 4,144 | 5,893 | 15,507 | 451,390 | 459,291 | 458,101 | 679,284 | 1,622,617 |
| Stock & work in progress | 2,065,671 | 2,087,116 | 1,035,707 | 938,536 | 934,536 | 1,991,585 | 1,982,216 | ||||
| Trade Debtors | 7,680 | 401 | 1,115,780 | ||||||||
| Group Debtors | 19,362 | 19,102 | 23,498 | 18,051 | 22,993 | 15,124 | 31,776 | ||||
| Misc Debtors | 255,220 | 506,884 | 2,133,457 | 1,754,627 | 1,176,942 | 1,158,028 | 2,529,151 | 2,427,666 | 1,827,241 | ||
| Cash | 489,168 | 1,374,084 | 506,700 | 1,582,317 | 392,944 | 336,623 | 175,917 | 502,290 | 1,491,295 | 51,432 | 1,417,129 |
| misc current assets | 892,873 | ||||||||||
| total current assets | 752,068 | 1,900,330 | 2,659,259 | 3,360,442 | 3,654,009 | 3,604,760 | 3,755,899 | 3,900,268 | 4,253,072 | 4,051,670 | 3,399,345 |
| total assets | 2,352,857 | 2,512,103 | 2,957,597 | 3,364,586 | 3,659,902 | 3,620,267 | 4,207,289 | 4,359,559 | 4,711,173 | 4,730,954 | 5,021,962 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 10,757 | 1,963 | 4,800 | 4,304 | 4,322 | 60,181 | 4,941 | 1,825 | 2,806 | 1,413 | 5,496 |
| Group/Directors Accounts | 1,826 | 1,826 | 5,885 | 1,826 | 250,471 | 50,883 | 56,811 | ||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 39,531 | 77,561 | 76,750 | 78,731 | 73,642 | 72,202 | 97,725 | 99,940 | 390,480 | ||
| total current liabilities | 52,114 | 81,350 | 87,435 | 84,861 | 328,435 | 183,266 | 102,666 | 101,765 | 450,097 | 1,413 | 5,496 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 52,114 | 81,350 | 87,435 | 84,861 | 328,435 | 183,266 | 102,666 | 101,765 | 450,097 | 1,413 | 5,496 |
| net assets | 2,300,743 | 2,430,753 | 2,870,162 | 3,279,725 | 3,331,467 | 3,437,001 | 4,104,623 | 4,257,794 | 4,261,076 | 4,729,541 | 5,016,466 |
| total shareholders funds | 2,300,743 | 2,430,753 | 2,870,162 | 3,279,725 | 3,331,467 | 3,437,001 | 4,104,623 | 4,257,794 | 4,261,076 | 4,729,541 | 5,016,466 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 2,222 | 2,029 | 1,959 | 5,349 | 9,764 | 9,490 | 8,909 | 5,123 | |||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -2,065,671 | -21,445 | 1,051,409 | 97,171 | 4,000 | -1,057,049 | 9,369 | 1,982,216 | |||
| Debtors | 202,211 | -1,626,313 | 374,434 | 582,731 | 14,373 | -1,363,254 | 84,833 | 632,201 | 461,461 | 1,321,121 | 44,659 |
| Creditors | 8,794 | -2,837 | 496 | -18 | -55,859 | 55,240 | 3,116 | -981 | 1,393 | -4,083 | 5,496 |
| Accruals and Deferred Income | -38,030 | 811 | -1,981 | 5,089 | 1,440 | -25,523 | -2,215 | -290,540 | 390,480 | ||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 527,647 | 311,985 | 294,897 | -429,284 | -28,817 | 28,817 | -1,148,674 | 1,577,958 | |||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -4,059 | 4,059 | -248,645 | 199,588 | 50,883 | -56,811 | 56,811 | ||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -884,916 | 867,384 | -1,075,617 | 1,189,373 | 56,321 | 160,706 | -326,373 | -989,005 | 1,439,863 | -1,365,697 | 1,417,129 |
| overdraft | |||||||||||
| change in cash | -884,916 | 867,384 | -1,075,617 | 1,189,373 | 56,321 | 160,706 | -326,373 | -989,005 | 1,439,863 | -1,365,697 | 1,417,129 |
green spinnaker limited Credit Report and Business Information
Green Spinnaker Limited Competitor Analysis
Perform a competitor analysis for green spinnaker limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.
green spinnaker limited Ownership
GREEN SPINNAKER LIMITED group structure
Green Spinnaker Limited has 1 subsidiary company.
green spinnaker limited directors
Green Spinnaker Limited currently has 1 director, Mr David Blatchford serving since Feb 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Blatchford | England | 58 years | Feb 2013 | - | Director |
P&L
March 2024turnover
166.8k
+17%
operating profit
-178.9k
0%
gross margin
45.5%
+1.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.3m
-0.05%
total assets
2.4m
-0.06%
cash
489.2k
-0.64%
net assets
Total assets minus all liabilities
green spinnaker limited company details
company number
08388032
Type
Private limited with Share Capital
industry
41100 - Development of building projects
55100 - Hotels and similar accommodation
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
c/o bishop fleming llp, 10 temple back, bristol, BS1 6FL
Bank
-
Legal Advisor
-
green spinnaker limited 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 green spinnaker limited.
green spinnaker 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.
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green spinnaker limited Companies House Filings - See Documents
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