blue ocean building ltd
blue ocean building ltd Company Information
Company Number
09688171
Website
blueoceanbuilding.co.ukRegistered Address
park view centre suite 4, 21 common lane, culcheth, warrington, WA3 4EW
Industry
Development of building projects
Telephone
441925764026
Next Accounts Due
April 2025
Group Structure
View All
Directors
Mathew Porter8 Years
Shareholders
mathew robert porter 50%
judith catherine porter 50%
blue ocean building ltd Estimated Valuation
Pomanda estimates the enterprise value of BLUE OCEAN BUILDING LTD at £4.4m based on a Turnover of £8.1m and 0.54x industry multiple (adjusted for size and gross margin).
blue ocean building ltd Estimated Valuation
Pomanda estimates the enterprise value of BLUE OCEAN BUILDING LTD at £294.3k based on an EBITDA of £72.8k and a 4.04x industry multiple (adjusted for size and gross margin).
blue ocean building ltd Estimated Valuation
Pomanda estimates the enterprise value of BLUE OCEAN BUILDING LTD at £575.2k based on Net Assets of £440.7k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Blue Ocean Building Ltd Overview
Blue Ocean Building Ltd is a live company located in culcheth, WA3 4EW with a Companies House number of 09688171. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2015, it's largest shareholder is mathew robert porter with a 50% stake. Blue Ocean Building Ltd is a young, mid sized company, Pomanda has estimated its turnover at £8.1m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Blue Ocean Building Ltd Health Check
Pomanda's financial health check has awarded Blue Ocean Building Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £8.1m, make it larger than the average company (£2.3m)
- Blue Ocean Building Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (3%)
- Blue Ocean Building Ltd
3% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Blue Ocean Building Ltd
25.9% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (7.3%)
- Blue Ocean Building Ltd
7.3% - Industry AVG
Employees
with 17 employees, this is above the industry average (6)
17 - Blue Ocean Building Ltd
6 - Industry AVG
Pay Structure
on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)
- Blue Ocean Building Ltd
£49.3k - Industry AVG
Efficiency
resulting in sales per employee of £477k, this is more efficient (£291.7k)
- Blue Ocean Building Ltd
£291.7k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (27 days)
- Blue Ocean Building Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (30 days)
- Blue Ocean Building Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Blue Ocean Building Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (12 weeks)
6 weeks - Blue Ocean Building Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.1%, this is a similar level of debt than the average (73.9%)
73.1% - Blue Ocean Building Ltd
73.9% - Industry AVG
BLUE OCEAN BUILDING LTD financials
Blue Ocean Building Ltd's latest turnover from July 2023 is estimated at £8.1 million and the company has net assets of £440.7 thousand. According to their latest financial statements, Blue Ocean Building Ltd has 17 employees and maintains cash reserves of £146.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 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 | 17 | 17 | 12 | 12 | 8 | 3 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,426 | 9,547 | 5,236 | 4,111 | 5,139 | 1,241 | 1,551 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 236 | 295 | 1,189 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,426 | 9,547 | 5,236 | 4,111 | 5,139 | 1,477 | 1,846 | 1,189 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 |
| Trade Debtors | 938,067 | 1,027,075 | 1,011,896 | 638,894 | 654,123 | 315,134 | 111,978 | 25,664 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 524,892 | 479,758 | 379,970 | 302,556 | 248,659 | 90,676 | 58,324 | 946 |
| Cash | 146,367 | 205,720 | 187,627 | 74,199 | 601 | 247 | 122 | 1,168 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,609,326 | 1,712,553 | 1,579,493 | 1,015,649 | 903,383 | 406,057 | 170,424 | 47,778 |
| total assets | 1,638,752 | 1,722,100 | 1,584,729 | 1,019,760 | 908,522 | 407,534 | 172,270 | 48,967 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 169,615 | 195,306 | 350,000 | 17,130 | 60,739 | 0 | 0 | 0 |
| Trade Creditors | 667,169 | 665,790 | 428,161 | 197,920 | 521,557 | 169,417 | 117,326 | 18,680 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 15,102 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 328,149 | 336,650 | 330,562 | 340,101 | 219,373 | 126,074 | 33,549 | 35,042 |
| total current liabilities | 1,164,933 | 1,197,746 | 1,108,723 | 555,151 | 801,669 | 295,491 | 165,977 | 53,722 |
| loans | 31,070 | 116,381 | 165,000 | 300,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,011 | 1,814 | 995 | 781 | 976 | 0 | 0 | 0 |
| total long term liabilities | 33,081 | 118,195 | 165,995 | 300,781 | 976 | 0 | 0 | 0 |
| total liabilities | 1,198,014 | 1,315,941 | 1,274,718 | 855,932 | 802,645 | 295,491 | 165,977 | 53,722 |
| net assets | 440,738 | 406,159 | 310,011 | 163,828 | 105,877 | 112,043 | 6,293 | -4,755 |
| total shareholders funds | 440,738 | 406,159 | 310,011 | 163,828 | 105,877 | 112,043 | 6,293 | -4,755 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 7,356 | 2,387 | 1,309 | 1,028 | 1,286 | 310 | 387 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | 20,000 |
| Debtors | -43,874 | 114,967 | 450,416 | 38,668 | 496,972 | 235,508 | 143,692 | 26,610 |
| Creditors | 1,379 | 237,629 | 230,241 | -323,637 | 352,140 | 52,091 | 98,646 | 18,680 |
| Accruals and Deferred Income | -8,501 | 6,088 | -9,539 | 120,728 | 93,299 | 92,525 | -1,493 | 35,042 |
| Deferred Taxes & Provisions | 197 | 819 | 214 | -195 | 976 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -236 | -59 | -894 | 1,189 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -25,691 | -154,694 | 332,870 | -43,609 | 60,739 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -15,102 | 15,102 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -85,311 | -48,619 | -135,000 | 300,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -59,353 | 18,093 | 113,428 | 73,598 | 354 | 125 | -1,046 | 1,168 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -59,353 | 18,093 | 113,428 | 73,598 | 354 | 125 | -1,046 | 1,168 |
blue ocean building ltd Credit Report and Business Information
Blue Ocean Building Ltd Competitor Analysis
Perform a competitor analysis for blue ocean building ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
blue ocean building ltd Ownership
BLUE OCEAN BUILDING LTD group structure
Blue Ocean Building Ltd has no subsidiary companies.
Ultimate parent company
BLUE OCEAN BUILDING LTD
09688171
blue ocean building ltd directors
Blue Ocean Building Ltd currently has 1 director, Mr Mathew Porter serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mathew Porter | United Kingdom | 45 years | Jul 2015 | - | Director |
P&L
July 2023turnover
8.1m
+5%
operating profit
65.5k
0%
gross margin
26%
+6.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
440.7k
+0.09%
total assets
1.6m
-0.05%
cash
146.4k
-0.29%
net assets
Total assets minus all liabilities
blue ocean building ltd company details
company number
09688171
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
park view centre suite 4, 21 common lane, culcheth, warrington, WA3 4EW
last accounts submitted
July 2023
blue ocean building 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 blue ocean building ltd.
blue ocean building ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
