oceansite limited
oceansite limited Company Information
Company Number
08754527
Website
-Registered Address
c/o whiteside & davies, 158 cromwell road, salford, M6 6DE
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
David Breisch10 Years
Shareholders
david breisch 100%
oceansite limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANSITE LIMITED at £461.9k based on a Turnover of £190.6k and 2.42x industry multiple (adjusted for size and gross margin).
oceansite limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANSITE LIMITED at £631.2k based on an EBITDA of £106k and a 5.95x industry multiple (adjusted for size and gross margin).
oceansite limited Estimated Valuation
Pomanda estimates the enterprise value of OCEANSITE LIMITED at £0 based on Net Assets of £-203.5k and 1.45x industry multiple (adjusted for liquidity).
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Oceansite Limited Overview
Oceansite Limited is a live company located in salford, M6 6DE with a Companies House number of 08754527. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2013, it's largest shareholder is david breisch with a 100% stake. Oceansite Limited is a established, micro sized company, Pomanda has estimated its turnover at £190.6k with declining growth in recent years.
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Oceansite Limited Health Check
Pomanda's financial health check has awarded Oceansite Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £190.6k, make it smaller than the average company (£889.5k)
- Oceansite Limited
£889.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (2.5%)
- Oceansite Limited
2.5% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Oceansite Limited
68.9% - Industry AVG
Profitability
an operating margin of 55.6% make it more profitable than the average company (25.7%)
- Oceansite Limited
25.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Oceansite Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Oceansite Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £190.6k, this is equally as efficient (£190.6k)
- Oceansite Limited
£190.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Oceansite Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Oceansite Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Oceansite Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Oceansite Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 117%, this is a higher level of debt than the average (64.1%)
117% - Oceansite Limited
64.1% - Industry AVG
OCEANSITE LIMITED financials
Oceansite Limited's latest turnover from August 2023 is estimated at £190.6 thousand and the company has net assets of -£203.5 thousand. According to their latest financial statements, Oceansite Limited has 1 employee and maintains cash reserves of £188.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 0 | |||||||||
| Gross Profit | 0 | |||||||||
| Admin Expenses | 0 | |||||||||
| Operating Profit | 0 | |||||||||
| Interest Payable | 0 | |||||||||
| Interest Receivable | 0 | |||||||||
| Pre-Tax Profit | 0 | |||||||||
| Tax | 0 | |||||||||
| Profit After Tax | 0 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | 0 | |||||||||
| Employee Costs | 0 | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,000 | 20,000 | 1,088,754 | 965,254 | 190,395 | 40,650 | 20,000 | 20,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 599,852 | 477,450 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 619,852 | 497,450 | 1,088,754 | 965,254 | 190,395 | 40,650 | 20,000 | 20,001 | 1 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 20,143 | 0 | 0 | 0 | 0 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 323,779 | 317,779 | 39,335 | 29,335 | 6,001 | 1,001 | 101 | 0 | 0 | 0 |
| Cash | 188,440 | 329,822 | 10,703 | 2,522 | 141,817 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 67,961 | 64,551 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 580,180 | 712,152 | 50,038 | 31,857 | 167,961 | 1,001 | 101 | 0 | 0 | 1 |
| total assets | 1,200,032 | 1,209,602 | 1,138,792 | 997,111 | 358,356 | 41,651 | 20,101 | 20,001 | 1 | 2 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 16,080 | 15,580 | 16,579 | 38,629 | 17,363 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 16,080 | 15,580 | 16,579 | 38,629 | 17,363 | 0 | 0 | 1 |
| loans | 1,245,847 | 1,244,597 | 1,296,880 | 1,111,603 | 339,930 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 157,731 | 150,531 | 0 | 0 | 0 | 0 | 0 | 20,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,403,578 | 1,395,128 | 1,296,880 | 1,111,603 | 339,930 | 0 | 0 | 20,000 | 0 | 0 |
| total liabilities | 1,403,578 | 1,395,128 | 1,312,960 | 1,127,183 | 356,509 | 38,629 | 17,363 | 20,000 | 0 | 1 |
| net assets | -203,546 | -185,526 | -174,168 | -130,072 | 1,847 | 3,022 | 2,738 | 1 | 1 | 1 |
| total shareholders funds | -203,546 | -185,526 | -174,168 | -130,072 | 1,847 | 3,022 | 2,738 | 1 | 1 | 1 |
| Aug 2023 | Aug 2022 | Aug 2021 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 0 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,000 | 278,444 | 13,191 | 3,191 | 25,143 | 900 | 101 | 0 | -1 | 1 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -16,080 | -499 | -999 | -22,050 | 21,266 | 17,363 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 122,402 | 477,450 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 1 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,250 | -52,283 | 956,950 | 771,673 | 339,930 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 7,200 | 150,531 | 0 | 0 | 0 | 0 | -20,000 | 20,000 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | |||||||||
| cash flow from financing | 1 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | -141,382 | 319,119 | -131,114 | -139,295 | 141,817 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| change in cash | -141,382 | 319,119 | -131,114 | -139,295 | 141,817 | 0 | 0 | 0 | 1 | -1 |
oceansite limited Credit Report and Business Information
Oceansite Limited Competitor Analysis
Perform a competitor analysis for oceansite limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 6 area or any other competitors across 12 key performance metrics.
oceansite limited Ownership
OCEANSITE LIMITED group structure
Oceansite Limited has no subsidiary companies.
Ultimate parent company
OCEANSITE LIMITED
08754527
oceansite limited directors
Oceansite Limited currently has 1 director, Mr David Breisch serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Breisch | England | 48 years | Feb 2014 | - | Director |
P&L
August 2023turnover
190.6k
+2%
operating profit
106k
0%
gross margin
69%
+2.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-203.5k
+0.1%
total assets
1.2m
-0.01%
cash
188.4k
-0.43%
net assets
Total assets minus all liabilities
Similar Companies
oceansite limited company details
company number
08754527
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
c/o whiteside & davies, 158 cromwell road, salford, M6 6DE
accountant
-
auditor
-
oceansite 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 found 1 charges/mortgages relating to oceansite limited. Currently there are 1 open charges and 0 have been satisfied in the past.
oceansite limited Companies House Filings - See Documents
| date | description | view/download |
|---|
