elsted marine ltd

elsted marine ltd Company Information

Share ELSTED MARINE LTD
Live 
EstablishedMicroDeclining

Company Number

08847932

Industry

Agents involved in the sale of machinery, industrial equipment, ships and aircraft

 

Shareholders

ronald wheeler

zandra anne wheeler

Group Structure

View All

Contact

Registered Address

saxon house hellesdon park road, drayton high road, norwich, norfolk, NR6 5DR

Website

-

elsted marine ltd Estimated Valuation

£30.3k

Pomanda estimates the enterprise value of ELSTED MARINE LTD at £30.3k based on a Turnover of £132.3k and 0.23x industry multiple (adjusted for size and gross margin).

elsted marine ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ELSTED MARINE LTD at £0 based on an EBITDA of £-3.9k and a 2.81x industry multiple (adjusted for size and gross margin).

elsted marine ltd Estimated Valuation

£10.1k

Pomanda estimates the enterprise value of ELSTED MARINE LTD at £10.1k based on Net Assets of £4.8k and 2.09x industry multiple (adjusted for liquidity).

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Elsted Marine Ltd Overview

Elsted Marine Ltd is a live company located in norwich, NR6 5DR with a Companies House number of 08847932. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in January 2014, it's largest shareholder is ronald wheeler with a 50% stake. Elsted Marine Ltd is a established, micro sized company, Pomanda has estimated its turnover at £132.3k with declining growth in recent years.

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Elsted Marine Ltd Health Check

Pomanda's financial health check has awarded Elsted Marine Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £132.3k, make it smaller than the average company (£13.3m)

£132.3k - Elsted Marine Ltd

£13.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (8.8%)

-9% - Elsted Marine Ltd

8.8% - Industry AVG

production

Production

with a gross margin of 12.4%, this company has a higher cost of product (27%)

12.4% - Elsted Marine Ltd

27% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (5.3%)

-2.9% - Elsted Marine Ltd

5.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (29)

2 - Elsted Marine Ltd

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.3k, the company has an equivalent pay structure (£54.3k)

£54.3k - Elsted Marine Ltd

£54.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.2k, this is less efficient (£405.4k)

£66.2k - Elsted Marine Ltd

£405.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (50 days)

13 days - Elsted Marine Ltd

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (37 days)

3 days - Elsted Marine Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Elsted Marine Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Elsted Marine Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (63.5%)

17.7% - Elsted Marine Ltd

63.5% - Industry AVG

ELSTED MARINE LTD financials

EXPORTms excel logo

Elsted Marine Ltd's latest turnover from March 2024 is estimated at £132.3 thousand and the company has net assets of £4.8 thousand. According to their latest financial statements, Elsted Marine Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover132,300125,435131,519174,983125,07455574937,926
Other Income Or Grants0000000000
Cost Of Sales115,952108,596114,700150,432108,74844463432,470
Gross Profit16,34916,84016,82024,55116,3261111155,456
Admin Expenses20,20120,43211,96414,24216,32611-23,4741,217
Operating Profit-3,852-3,5924,85610,3090003-3,3594,239
Interest Payable0000000000
Interest Receivable0000000055
Pre-Tax Profit-3,852-3,5924,85610,3090003-3,3544,244
Tax00-923-1,95900000-891
Profit After Tax-3,852-3,5923,9338,3500002-3,3543,353
Dividends Paid0000000000
Retained Profit-3,852-3,5923,9338,3500002-3,3543,353
Employee Costs108,54898,28991,19288,04689,11246,35145,97941,73239,49538,358
Number Of Employees2222211111
EBITDA*-3,852-3,5924,85610,3090003-3,3594,239

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets9461,2611,6812,241000000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets9461,2611,6812,241000000
Stock & work in progress00000000013,650
Trade Debtors4,9318,31015,22630,55511111800
Group Debtors0000000000
Misc Debtors0000000000
Cash0000000001,948
misc current assets0000000000
total current assets4,9318,31015,22630,555111118015,598
total assets5,8779,57116,90732,796111118015,598
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 1,0378794,62324,445000017912,243
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities1,0378794,62324,445000017912,243
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities1,0378794,62324,445000017912,243
net assets4,8408,69212,2848,351111113,355
total shareholders funds4,8408,69212,2848,351111113,355
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit-3,852-3,5924,85610,3090003-3,3594,239
Depreciation0000000000
Amortisation0000000000
Tax00-923-1,95900000-891
Stock00000000-13,65013,650
Debtors-3,379-6,916-15,32930,554000-1791800
Creditors158-3,744-19,82224,445000-179-12,06412,243
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations-315-420-5602,2410003-1,9531,941
Investing Activities
capital expenditure315420560-2,241000000
Change in Investments0000000000
cash flow from investments315420560-2,241000000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue0000000-202
interest0000000055
cash flow from financing0000000-257
cash and cash equivalents
cash00000000-1,9481,948
overdraft0000000000
change in cash00000000-1,9481,948

elsted marine ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Elsted Marine Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for elsted marine ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NR6 area or any other competitors across 12 key performance metrics.

elsted marine ltd Ownership

ELSTED MARINE LTD group structure

Elsted Marine Ltd has no subsidiary companies.

Ultimate parent company

ELSTED MARINE LTD

08847932

ELSTED MARINE LTD Shareholders

ronald wheeler 50%
zandra anne wheeler 50%

elsted marine ltd directors

Elsted Marine Ltd currently has 2 directors. The longest serving directors include Mr Ronald Wheeler (Jan 2014) and Mrs Zandra Wheeler (Jan 2014).

officercountryagestartendrole
Mr Ronald WheelerUnited Kingdom79 years Jan 2014- Director
Mrs Zandra WheelerUnited Kingdom77 years Jan 2014- Director

P&L

March 2024

turnover

132.3k

+5%

operating profit

-3.9k

0%

gross margin

12.4%

-7.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

4.8k

-0.44%

total assets

5.9k

-0.39%

cash

0

0%

net assets

Total assets minus all liabilities

elsted marine ltd company details

company number

08847932

Type

Private limited with Share Capital

industry

46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft

incorporation date

January 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

saxon house hellesdon park road, drayton high road, norwich, norfolk, NR6 5DR

Bank

-

Legal Advisor

-

elsted marine 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 elsted marine ltd.

elsted marine 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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elsted marine ltd Companies House Filings - See Documents

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