somersault gymnastics club cic
somersault gymnastics club cic Company Information
Group Structure
View All
Industry
Operation of sports facilities
+1Registered Address
unit b st. catherines park, pengam road, cardiff, CF24 2RZ
Website
www.somersaultgym.co.uksomersault gymnastics club cic Estimated Valuation
Pomanda estimates the enterprise value of SOMERSAULT GYMNASTICS CLUB CIC at £529.9k based on a Turnover of £546.1k and 0.97x industry multiple (adjusted for size and gross margin).
somersault gymnastics club cic Estimated Valuation
Pomanda estimates the enterprise value of SOMERSAULT GYMNASTICS CLUB CIC at £23.7k based on an EBITDA of £7k and a 3.39x industry multiple (adjusted for size and gross margin).
somersault gymnastics club cic Estimated Valuation
Pomanda estimates the enterprise value of SOMERSAULT GYMNASTICS CLUB CIC at £73.2k based on Net Assets of £40.8k and 1.8x industry multiple (adjusted for liquidity).
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Somersault Gymnastics Club Cic Overview
Somersault Gymnastics Club Cic is a live company located in cardiff, CF24 2RZ with a Companies House number of 08938742. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in March 2014, it's largest shareholder is unknown. Somersault Gymnastics Club Cic is a established, small sized company, Pomanda has estimated its turnover at £546.1k with rapid growth in recent years.
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Somersault Gymnastics Club Cic Health Check
Pomanda's financial health check has awarded Somersault Gymnastics Club Cic a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £546.1k, make it in line with the average company (£557.2k)
- Somersault Gymnastics Club Cic
£557.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (13.4%)
- Somersault Gymnastics Club Cic
13.4% - Industry AVG
Production
with a gross margin of 58.1%, this company has a comparable cost of product (58.1%)
- Somersault Gymnastics Club Cic
58.1% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (1.2%)
- Somersault Gymnastics Club Cic
1.2% - Industry AVG
Employees
with 15 employees, this is below the industry average (21)
15 - Somersault Gymnastics Club Cic
21 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
- Somersault Gymnastics Club Cic
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £36.4k, this is less efficient (£46.4k)
- Somersault Gymnastics Club Cic
£46.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Somersault Gymnastics Club Cic
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (41 days)
- Somersault Gymnastics Club Cic
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Somersault Gymnastics Club Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (59 weeks)
71 weeks - Somersault Gymnastics Club Cic
59 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.2%, this is a higher level of debt than the average (38%)
56.2% - Somersault Gymnastics Club Cic
38% - Industry AVG
SOMERSAULT GYMNASTICS CLUB CIC financials
Somersault Gymnastics Club Cic's latest turnover from March 2024 is estimated at £546.1 thousand and the company has net assets of £40.8 thousand. According to their latest financial statements, Somersault Gymnastics Club Cic has 15 employees and maintains cash reserves of £59.2 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 278,588 | 259,507 | 241,198 | 266,813 | 262,653 | 290,147 | 277,575 | 252,520 | 74,915 | |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 11,478 | 8,606 | 2,450 | 6,518 | 9,310 | 18,860 | 17,250 | 21,619 | 7,499 | |
| Gross Profit | 267,110 | 250,901 | 238,748 | 260,295 | 253,343 | 271,287 | 260,325 | 230,901 | 67,416 | |
| Admin Expenses | 267,213 | 211,469 | 222,297 | 257,557 | 260,095 | 281,548 | 257,986 | 235,810 | 57,642 | |
| Operating Profit | -103 | 39,432 | 16,451 | 2,738 | -6,752 | -10,261 | 2,339 | -4,909 | 9,774 | |
| Interest Payable | 795 | 1,522 | ||||||||
| Interest Receivable | 14 | 8 | 12 | 29 | 47 | 14 | ||||
| Pre-Tax Profit | -898 | 37,910 | 16,451 | 2,752 | -6,744 | -10,249 | 2,368 | -4,862 | 9,788 | |
| Tax | -5,907 | 1,665 | -1,685 | |||||||
| Profit After Tax | -898 | 32,003 | 16,451 | 2,752 | -6,744 | -10,249 | 4,033 | -4,862 | 8,103 | |
| Dividends Paid | ||||||||||
| Retained Profit | -898 | 32,003 | 16,451 | 2,752 | -6,744 | -10,249 | 4,033 | -4,862 | 8,103 | |
| Employee Costs | 130,307 | 123,469 | ||||||||
| Number Of Employees | 15 | 15 | 15 | 14 | 14 | |||||
| EBITDA* | 6,041 | 44,634 | 22,535 | 9,897 | 1,228 | -955 | 13,282 | 5,147 | 13,655 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,854 | 31,869 | 29,924 | 25,876 | 31,960 | 36,881 | 44,105 | 51,753 | 49,895 | 22,941 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 25,854 | 31,869 | 29,924 | 25,876 | 31,960 | 36,881 | 44,105 | 51,753 | 49,895 | 22,941 |
| Stock & work in progress | ||||||||||
| Trade Debtors | ||||||||||
| Group Debtors | ||||||||||
| Misc Debtors | 8,088 | 58,136 | 7,475 | 15,014 | ||||||
| Cash | 59,152 | 13,189 | 78,964 | 23,283 | 9,833 | 14,773 | 15,221 | 22,026 | 7,207 | 15,536 |
| misc current assets | 1,685 | 1,685 | 1,685 | 1,685 | 1,685 | |||||
| total current assets | 67,240 | 71,325 | 86,439 | 39,982 | 11,518 | 16,458 | 16,906 | 23,711 | 7,207 | 15,536 |
| total assets | 93,094 | 103,194 | 116,363 | 65,858 | 43,478 | 53,339 | 61,011 | 75,464 | 57,102 | 38,477 |
| Bank overdraft | 8,000 | 8,000 | 8,000 | 6,680 | ||||||
| Bank loan | ||||||||||
| Trade Creditors | 4,696 | 9,426 | 8,073 | 3,356 | 34,440 | 42,831 | 39,735 | 40,826 | 35,244 | 7,181 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 30,290 | 27,041 | 32,719 | 13,018 | 16,005 | 20,227 | 24,251 | 27,364 | 18,617 | 2,221 |
| total current liabilities | 42,986 | 44,467 | 48,792 | 23,054 | 50,445 | 63,058 | 63,986 | 68,190 | 53,861 | 9,402 |
| loans | 18,138 | 26,084 | 33,320 | |||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 20,972 | |||||||||
| other liabilities | 9,315 | |||||||||
| provisions | ||||||||||
| total long term liabilities | 9,315 | 18,138 | 26,084 | 33,320 | 20,972 | |||||
| total liabilities | 52,301 | 62,605 | 74,876 | 56,374 | 50,445 | 63,058 | 63,986 | 68,190 | 53,861 | 30,374 |
| net assets | 40,793 | 40,589 | 41,487 | 9,484 | -6,967 | -9,719 | -2,975 | 7,274 | 3,241 | 8,103 |
| total shareholders funds | 40,793 | 40,589 | 41,487 | 9,484 | -6,967 | -9,719 | -2,975 | 7,274 | 3,241 | 8,103 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -103 | 39,432 | 16,451 | 2,738 | -6,752 | -10,261 | 2,339 | -4,909 | 9,774 | |
| Depreciation | 6,710 | 6,144 | 5,202 | 6,084 | 7,159 | 7,980 | 9,306 | 10,943 | 10,056 | 3,881 |
| Amortisation | ||||||||||
| Tax | -5,907 | 1,665 | -1,685 | |||||||
| Stock | ||||||||||
| Debtors | -50,048 | 50,661 | -7,539 | 15,014 | ||||||
| Creditors | -4,730 | 1,353 | 4,717 | -31,084 | -8,391 | 3,096 | -1,091 | 5,582 | 28,063 | 7,181 |
| Accruals and Deferred Income | 3,249 | -5,678 | 19,701 | -2,987 | -4,222 | -4,024 | -3,113 | 8,747 | -4,576 | 23,193 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -48,945 | 70,684 | -26,550 | -2,716 | 300 | -5,159 | 29,276 | 28,634 | 42,344 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -18,138 | -7,946 | -7,236 | 33,320 | ||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | 9,315 | |||||||||
| share issue | ||||||||||
| interest | -795 | -1,522 | 14 | 8 | 12 | 29 | 47 | 14 | ||
| cash flow from financing | -8,741 | -8,758 | 33,320 | 14 | 8 | 12 | 29 | 47 | 14 | |
| cash and cash equivalents | ||||||||||
| cash | 45,963 | -65,775 | 55,681 | 13,450 | -4,940 | -448 | -6,805 | 14,819 | -8,329 | 15,536 |
| overdraft | 1,320 | 6,680 | ||||||||
| change in cash | 45,963 | -65,775 | 54,361 | 6,770 | -4,940 | -448 | -6,805 | 14,819 | -8,329 | 15,536 |
somersault gymnastics club cic Credit Report and Business Information
Somersault Gymnastics Club Cic Competitor Analysis
Perform a competitor analysis for somersault gymnastics club cic by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in CF24 area or any other competitors across 12 key performance metrics.
somersault gymnastics club cic Ownership
SOMERSAULT GYMNASTICS CLUB CIC group structure
Somersault Gymnastics Club Cic has no subsidiary companies.
Ultimate parent company
SOMERSAULT GYMNASTICS CLUB CIC
08938742
somersault gymnastics club cic directors
Somersault Gymnastics Club Cic currently has 3 directors. The longest serving directors include Ms Sally Wink (Mar 2014) and Mr Jason Wink (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sally Wink | Wales | 52 years | Mar 2014 | - | Director |
| Mr Jason Wink | Wales | 53 years | Mar 2014 | - | Director |
| Proffessor Gareth Irwin | Wales | 52 years | Apr 2014 | - | Director |
P&L
March 2024turnover
546.1k
+96%
operating profit
293.3
0%
gross margin
58.1%
-39.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
40.8k
+0.01%
total assets
93.1k
-0.1%
cash
59.2k
+3.48%
net assets
Total assets minus all liabilities
somersault gymnastics club cic company details
company number
08938742
Type
Private Ltd By Guarantee w/o Share Cap
industry
93110 - Operation of sports facilities
93120 - Activities of sport clubs
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
DHB ACCOUNTANTS LIMITED
auditor
-
address
unit b st. catherines park, pengam road, cardiff, CF24 2RZ
Bank
-
Legal Advisor
-
somersault gymnastics club cic 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 somersault gymnastics club cic.
somersault gymnastics club cic 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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somersault gymnastics club cic Companies House Filings - See Documents
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