the kite, surf & sup co. ltd
the kite, surf & sup co. ltd Company Information
Company Number
08917464
Website
http://thekitesurfandsup.coRegistered Address
1d bartholomews, brighton, BN1 1HG
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
01273410580
Next Accounts Due
December 2024
Group Structure
View All
Directors
Christine Johnston10 Years
Shareholders
christine johnston 100%
the kite, surf & sup co. ltd Estimated Valuation
Pomanda estimates the enterprise value of THE KITE, SURF & SUP CO. LTD at £10.6k based on a Turnover of £18.8k and 0.56x industry multiple (adjusted for size and gross margin).
the kite, surf & sup co. ltd Estimated Valuation
Pomanda estimates the enterprise value of THE KITE, SURF & SUP CO. LTD at £0 based on an EBITDA of £0 and a 2.09x industry multiple (adjusted for size and gross margin).
the kite, surf & sup co. ltd Estimated Valuation
Pomanda estimates the enterprise value of THE KITE, SURF & SUP CO. LTD at £1 based on Net Assets of £1 and 1.7x industry multiple (adjusted for liquidity).
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The Kite, Surf & Sup Co. Ltd Overview
The Kite, Surf & Sup Co. Ltd is a live company located in brighton, BN1 1HG with a Companies House number of 08917464. It operates in the other sports activities sector, SIC Code 93199. Founded in February 2014, it's largest shareholder is christine johnston with a 100% stake. The Kite, Surf & Sup Co. Ltd is a established, micro sized company, Pomanda has estimated its turnover at £18.8k with declining growth in recent years.
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The Kite, Surf & Sup Co. Ltd Health Check
Pomanda's financial health check has awarded The Kite, Surf & Sup Co. Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £18.8k, make it smaller than the average company (£532.3k)
- The Kite, Surf & Sup Co. Ltd
£532.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (5.7%)
- The Kite, Surf & Sup Co. Ltd
5.7% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (44.7%)
- The Kite, Surf & Sup Co. Ltd
44.7% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- The Kite, Surf & Sup Co. Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - The Kite, Surf & Sup Co. Ltd
13 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£26.6k)
- The Kite, Surf & Sup Co. Ltd
£26.6k - Industry AVG
Efficiency
resulting in sales per employee of £18.8k, this is less efficient (£64.6k)
- The Kite, Surf & Sup Co. Ltd
£64.6k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (14 days)
- The Kite, Surf & Sup Co. Ltd
14 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (32 days)
- The Kite, Surf & Sup Co. Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Kite, Surf & Sup Co. Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Kite, Surf & Sup Co. Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (38.9%)
100% - The Kite, Surf & Sup Co. Ltd
38.9% - Industry AVG
THE KITE, SURF & SUP CO. LTD financials
The Kite, Surf & Sup Co. Ltd's latest turnover from March 2023 is estimated at £18.8 thousand and the company has net assets of £1. According to their latest financial statements, The Kite, Surf & Sup Co. Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,234 | 71,225 | |||||||
| Other Income Or Grants | 0 | 0 | |||||||
| Cost Of Sales | 29,293 | 43,729 | |||||||
| Gross Profit | 23,941 | 27,496 | |||||||
| Admin Expenses | 20,840 | 26,908 | |||||||
| Operating Profit | 3,101 | 588 | |||||||
| Interest Payable | 1,802 | 3,774 | |||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | 1,299 | -3,186 | |||||||
| Tax | 0 | 154 | |||||||
| Profit After Tax | 1,299 | -3,032 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | 1,299 | -3,032 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* | 3,441 | 1,356 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,511 | 17,145 | 13,107 | 0 | 680 | 994 | 1,334 | 2,102 | 681 |
| 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 | 16,511 | 17,145 | 13,107 | 0 | 680 | 994 | 1,334 | 2,102 | 681 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 8,500 | 7,609 | 5,654 | 8,566 |
| Trade Debtors | 1,132 | 3,438 | 19,663 | 10,220 | 10,770 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 387 | 1,848 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 428 | 1,309 | 939 | 2,343 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,132 | 3,438 | 19,663 | 10,220 | 10,770 | 9,315 | 10,766 | 6,593 | 10,909 |
| total assets | 17,643 | 20,583 | 32,770 | 10,220 | 11,450 | 10,309 | 12,100 | 8,695 | 11,590 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,053 | 17,624 | 1,370 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,774 | 4,795 | 11,284 | 10,461 | 17,259 | 0 | 5,814 | 0 | 24,423 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 15,712 | 0 | 14,972 | 922 |
| 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 | 0 | 0 | 0 | 0 | 0 | 3,750 | 901 | 1,406 | 0 |
| total current liabilities | 3,774 | 4,795 | 11,284 | 10,461 | 17,259 | 21,515 | 24,339 | 17,748 | 25,345 |
| loans | 0 | 0 | 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 | 500 | 500 | 500 | 0 | 0 | 0 | 0 |
| other liabilities | 13,868 | 15,787 | 14,087 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 266 | 420 | 0 |
| total long term liabilities | 13,868 | 15,787 | 14,587 | 500 | 500 | 0 | 266 | 420 | 0 |
| total liabilities | 17,642 | 20,582 | 25,871 | 10,961 | 17,759 | 21,515 | 24,605 | 18,168 | 25,345 |
| net assets | 1 | 1 | 6,899 | -741 | -6,309 | -11,206 | -12,505 | -9,473 | -13,755 |
| total shareholders funds | 1 | 1 | 6,899 | -741 | -6,309 | -11,206 | -12,505 | -9,473 | -13,755 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 3,101 | 588 | |||||||
| Depreciation | 0 | 340 | 768 | 899 | 301 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | 0 | 154 | |||||||
| Stock | 0 | 0 | 0 | 0 | -8,500 | 891 | 1,955 | -2,912 | 8,566 |
| Debtors | -2,306 | -16,225 | 9,443 | -550 | 10,383 | -1,461 | 1,848 | 0 | 0 |
| Creditors | -1,021 | -6,489 | 823 | -6,798 | 17,259 | -5,814 | 5,814 | -24,423 | 24,423 |
| Accruals and Deferred Income | 0 | -500 | 0 | 0 | -3,250 | 2,849 | -505 | 1,406 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -266 | -154 | 420 | 0 |
| Cash flow from operations | 780 | 2,862 | |||||||
| 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 | -15,712 | 15,712 | -14,972 | 14,050 | 922 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 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 | -1,919 | 1,700 | 14,087 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -1,802 | -3,774 | |||||||
| cash flow from financing | 13,910 | -18,746 | |||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -428 | -881 | 370 | -1,404 | 2,343 |
| overdraft | 0 | 0 | 0 | 0 | -2,053 | -15,571 | 16,254 | 1,370 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 1,625 | 14,690 | -15,884 | -2,774 | 2,343 |
the kite, surf & sup co. ltd Credit Report and Business Information
The Kite, Surf & Sup Co. Ltd Competitor Analysis
Perform a competitor analysis for the kite, surf & sup co. ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
the kite, surf & sup co. ltd Ownership
THE KITE, SURF & SUP CO. LTD group structure
The Kite, Surf & Sup Co. Ltd has no subsidiary companies.
Ultimate parent company
THE KITE, SURF & SUP CO. LTD
08917464
the kite, surf & sup co. ltd directors
The Kite, Surf & Sup Co. Ltd currently has 1 director, Ms Christine Johnston serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Christine Johnston | England | 49 years | Feb 2014 | - | Director |
P&L
March 2023turnover
18.8k
-30%
operating profit
0
0%
gross margin
21.4%
-5.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1
0%
total assets
17.6k
-0.14%
cash
0
0%
net assets
Total assets minus all liabilities
the kite, surf & sup co. ltd company details
company number
08917464
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
kitesurfworld ltd (March 2014)
accountant
-
auditor
-
address
1d bartholomews, brighton, BN1 1HG
Bank
-
Legal Advisor
-
the kite, surf & sup co. 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 the kite, surf & sup co. ltd.
the kite, surf & sup co. ltd Companies House Filings - See Documents
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