marina way parking ltd
marina way parking ltd Company Information
Company Number
09084794
Next Accounts
Mar 2025
Shareholders
paul lewis
lorraine lewis
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
amelia house crescent road, worthing, BN11 1RL
Website
-marina way parking ltd Estimated Valuation
Pomanda estimates the enterprise value of MARINA WAY PARKING LTD at £536.5k based on a Turnover of £713.4k and 0.75x industry multiple (adjusted for size and gross margin).
marina way parking ltd Estimated Valuation
Pomanda estimates the enterprise value of MARINA WAY PARKING LTD at £1.1m based on an EBITDA of £234.7k and a 4.48x industry multiple (adjusted for size and gross margin).
marina way parking ltd Estimated Valuation
Pomanda estimates the enterprise value of MARINA WAY PARKING LTD at £1.3m based on Net Assets of £535.1k and 2.41x industry multiple (adjusted for liquidity).
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Marina Way Parking Ltd Overview
Marina Way Parking Ltd is a live company located in worthing, BN11 1RL with a Companies House number of 09084794. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 2014, it's largest shareholder is paul lewis with a 50% stake. Marina Way Parking Ltd is a established, small sized company, Pomanda has estimated its turnover at £713.4k with declining growth in recent years.
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Marina Way Parking Ltd Health Check
Pomanda's financial health check has awarded Marina Way Parking Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £713.4k, make it smaller than the average company (£900k)
- Marina Way Parking Ltd
£900k - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (5.8%)
- Marina Way Parking Ltd
5.8% - Industry AVG
Production
with a gross margin of 41.3%, this company has a comparable cost of product (41.3%)
- Marina Way Parking Ltd
41.3% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (6.6%)
- Marina Way Parking Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Marina Way Parking Ltd
14 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Marina Way Parking Ltd
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £237.8k, this is more efficient (£88.4k)
- Marina Way Parking Ltd
£88.4k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (30 days)
- Marina Way Parking Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (39 days)
- Marina Way Parking Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Marina Way Parking Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (45 weeks)
64 weeks - Marina Way Parking Ltd
45 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40%, this is a lower level of debt than the average (45.3%)
40% - Marina Way Parking Ltd
45.3% - Industry AVG
MARINA WAY PARKING LTD financials
Marina Way Parking Ltd's latest turnover from June 2023 is estimated at £713.4 thousand and the company has net assets of £535.1 thousand. According to their latest financial statements, Marina Way Parking Ltd has 3 employees and maintains cash reserves of £418.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 4 | 6 | 7 | 8 | 7 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 290,591 | 342,971 | 197,184 | 124,532 | 48,079 | 11,770 | 6,079 | 1,565 | |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 290,591 | 342,971 | 197,184 | 124,532 | 48,079 | 11,770 | 6,079 | 1,565 | |
| Stock & work in progress | |||||||||
| Trade Debtors | 126,890 | 11,448 | 303,562 | 503,256 | 405,871 | 82,160 | 123,942 | 71,075 | 19,475 |
| Group Debtors | |||||||||
| Misc Debtors | 55,864 | 52,925 | 21,026 | 26,340 | 171,200 | ||||
| Cash | 418,688 | 329,634 | 7,619 | 3,499 | |||||
| misc current assets | 10,569 | 3,333 | 2,500 | ||||||
| total current assets | 601,442 | 394,007 | 324,588 | 529,596 | 416,440 | 256,693 | 126,442 | 78,694 | 22,974 |
| total assets | 892,033 | 736,978 | 521,772 | 654,128 | 464,519 | 268,463 | 132,521 | 80,259 | 22,974 |
| Bank overdraft | |||||||||
| Bank loan | 9,385 | 9,135 | |||||||
| Trade Creditors | 18,568 | 97,617 | 147,053 | 137,154 | 108,281 | 108,153 | 89,159 | 66,844 | 35,567 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 309,192 | 179,569 | |||||||
| total current liabilities | 337,145 | 286,321 | 147,053 | 137,154 | 108,281 | 108,153 | 89,159 | 66,844 | 35,567 |
| loans | 19,778 | 30,028 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 40,279 | 50,000 | |||||||
| provisions | |||||||||
| total long term liabilities | 19,778 | 30,028 | 40,279 | 50,000 | |||||
| total liabilities | 356,923 | 316,349 | 187,332 | 187,154 | 108,281 | 108,153 | 89,159 | 66,844 | 35,567 |
| net assets | 535,110 | 420,629 | 334,440 | 466,974 | 356,238 | 160,310 | 43,362 | 13,415 | -12,593 |
| total shareholders funds | 535,110 | 420,629 | 334,440 | 466,974 | 356,238 | 160,310 | 43,362 | 13,415 | -12,593 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 96,972 | 782 | |||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 118,381 | -260,215 | -205,008 | 123,725 | 152,511 | 129,418 | 52,867 | 51,600 | 19,475 |
| Creditors | -79,049 | -49,436 | 9,899 | 28,873 | 128 | 18,994 | 22,315 | 31,277 | 35,567 |
| Accruals and Deferred Income | 129,623 | 179,569 | |||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 250 | 9,135 | |||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -10,250 | 30,028 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -40,279 | -9,721 | 50,000 | ||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 89,054 | 329,634 | -7,619 | 4,120 | 3,499 | ||||
| overdraft | |||||||||
| change in cash | 89,054 | 329,634 | -7,619 | 4,120 | 3,499 |
marina way parking ltd Credit Report and Business Information
Marina Way Parking Ltd Competitor Analysis
Perform a competitor analysis for marina way parking ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in BN11 area or any other competitors across 12 key performance metrics.
marina way parking ltd Ownership
MARINA WAY PARKING LTD group structure
Marina Way Parking Ltd has no subsidiary companies.
Ultimate parent company
MARINA WAY PARKING LTD
09084794
marina way parking ltd directors
Marina Way Parking Ltd currently has 2 directors. The longest serving directors include Mr Paul Lewis (Jun 2014) and Mrs Lorraine Lewis (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Lewis | United Kingdom | 55 years | Jun 2014 | - | Director |
| Mrs Lorraine Lewis | United Kingdom | 54 years | Mar 2021 | - | Director |
P&L
June 2023turnover
713.4k
+145%
operating profit
137.7k
0%
gross margin
41.4%
+1.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
535.1k
+0.27%
total assets
892k
+0.21%
cash
418.7k
+0.27%
net assets
Total assets minus all liabilities
marina way parking ltd company details
company number
09084794
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
CARPENTER BOX
auditor
-
address
amelia house crescent road, worthing, BN11 1RL
Bank
-
Legal Advisor
-
marina way parking 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 marina way parking ltd.
marina way parking 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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marina way parking ltd Companies House Filings - See Documents
| date | description | view/download |
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