boat exchange ltd
boat exchange ltd Company Information
Company Number
09498571
Website
www.boat-exchange.co.ukRegistered Address
6th floor 2 london wall place, london, EC2Y 5AU
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Telephone
01752254322
Next Accounts Due
205 days late
Group Structure
View All
Directors
Bradley Bradley6 Years
Shareholders
bx holdings limited 100%
boat exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of BOAT EXCHANGE LTD at £144.2k based on a Turnover of £518k and 0.28x industry multiple (adjusted for size and gross margin).
boat exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of BOAT EXCHANGE LTD at £54.7k based on an EBITDA of £17.7k and a 3.1x industry multiple (adjusted for size and gross margin).
boat exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of BOAT EXCHANGE LTD at £26.1k based on Net Assets of £12.4k and 2.1x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Boat Exchange Ltd Overview
Boat Exchange Ltd is a live company located in london, EC2Y 5AU with a Companies House number of 09498571. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in March 2015, it's largest shareholder is bx holdings limited with a 100% stake. Boat Exchange Ltd is a young, small sized company, Pomanda has estimated its turnover at £518k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Boat Exchange Ltd Health Check
Pomanda's financial health check has awarded Boat Exchange Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £518k, make it smaller than the average company (£12m)
- Boat Exchange Ltd
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (1.7%)
- Boat Exchange Ltd
1.7% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- Boat Exchange Ltd
24.5% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (5%)
- Boat Exchange Ltd
5% - Industry AVG
Employees
with 2 employees, this is below the industry average (30)
2 - Boat Exchange Ltd
30 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Boat Exchange Ltd
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £259k, this is less efficient (£333.6k)
- Boat Exchange Ltd
£333.6k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (47 days)
- Boat Exchange Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (38 days)
- Boat Exchange Ltd
38 days - Industry AVG
Stock Days
it holds stock equivalent to 63 days, this is in line with average (74 days)
- Boat Exchange Ltd
74 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (16 weeks)
5 weeks - Boat Exchange Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.9%, this is a higher level of debt than the average (59.5%)
94.9% - Boat Exchange Ltd
59.5% - Industry AVG
BOAT EXCHANGE LTD financials
Boat Exchange Ltd's latest turnover from June 2022 is estimated at £518 thousand and the company has net assets of £12.4 thousand. According to their latest financial statements, Boat Exchange Ltd has 2 employees and maintains cash reserves of £19.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,580 | 2,475 | 2,475 | 3,250 | 50,430 | 15,696 | 14,500 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,580 | 2,475 | 2,475 | 3,250 | 50,430 | 15,696 | 14,500 |
| Stock & work in progress | 68,441 | 27,335 | 95,047 | 329,311 | 110,000 | 94,997 | 115,871 |
| Trade Debtors | 91,906 | 369,400 | 150,007 | 118,720 | 128,457 | 57,236 | 55,823 |
| Group Debtors | 40,000 | 28,889 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 20,345 | 46,062 | 27,657 | 15,726 | 0 | 0 | 0 |
| Cash | 19,429 | 43,701 | 90,214 | 199 | 143,735 | 99,823 | 83,927 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 240,121 | 515,387 | 362,925 | 463,956 | 382,192 | 252,056 | 255,621 |
| total assets | 241,701 | 517,862 | 365,400 | 467,206 | 432,622 | 267,752 | 270,121 |
| Bank overdraft | 0 | 0 | 0 | 21,798 | 0 | 0 | 0 |
| Bank loan | 19,000 | 18,997 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,986 | 3,289 | 16,910 | 22,830 | 0 | 239,422 | 265,196 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 107,872 | 417,695 | 250,120 | 419,337 | 377,936 | 0 | 0 |
| total current liabilities | 173,858 | 439,981 | 267,030 | 463,965 | 377,936 | 239,422 | 265,196 |
| loans | 55,417 | 74,420 | 95,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 55,417 | 74,420 | 95,000 | 0 | 0 | 0 | 0 |
| total liabilities | 229,275 | 514,401 | 362,030 | 463,965 | 377,936 | 239,422 | 265,196 |
| net assets | 12,426 | 3,461 | 3,370 | 3,241 | 54,686 | 28,330 | 4,925 |
| total shareholders funds | 12,426 | 3,461 | 3,370 | 3,241 | 54,686 | 28,330 | 4,925 |
| Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 895 | 2,475 | 775 | 5,424 | 12,598 | 2,498 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 41,106 | -67,712 | -234,264 | 219,311 | 15,003 | -20,874 | 115,871 |
| Debtors | -292,100 | 266,687 | 43,218 | 5,989 | 71,221 | 1,413 | 55,823 |
| Creditors | 43,697 | -13,621 | -5,920 | 22,830 | -239,422 | -25,774 | 265,196 |
| Accruals and Deferred Income | -309,823 | 167,575 | -169,217 | 41,401 | 377,936 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 3 | 18,997 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -19,003 | -20,580 | 95,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -24,272 | -46,513 | 90,015 | -143,536 | 43,912 | 15,896 | 83,927 |
| overdraft | 0 | 0 | -21,798 | 21,798 | 0 | 0 | 0 |
| change in cash | -24,272 | -46,513 | 111,813 | -165,334 | 43,912 | 15,896 | 83,927 |
boat exchange ltd Credit Report and Business Information
Boat Exchange Ltd Competitor Analysis
Perform a competitor analysis for boat exchange ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
boat exchange ltd Ownership
BOAT EXCHANGE LTD group structure
Boat Exchange Ltd has no subsidiary companies.
Ultimate parent company
BOAT EXCHANGE LTD
09498571
boat exchange ltd directors
Boat Exchange Ltd currently has 1 director, Mr Bradley Bradley serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bradley Bradley | 43 years | Aug 2018 | - | Director |
P&L
June 2022turnover
518k
-47%
operating profit
16.8k
0%
gross margin
24.5%
+1.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
12.4k
+2.59%
total assets
241.7k
-0.53%
cash
19.4k
-0.56%
net assets
Total assets minus all liabilities
boat exchange ltd company details
company number
09498571
Type
Private limited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2022
previous names
N/A
accountant
-
auditor
-
address
6th floor 2 london wall place, london, EC2Y 5AU
Bank
-
Legal Advisor
-
boat exchange 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 found 1 charges/mortgages relating to boat exchange ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
boat exchange ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
