ovation boat surveys ltd

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ovation boat surveys ltd Company Information

Share OVATION BOAT SURVEYS LTD

Company Number

09886377

Shareholders

christopher williams

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

unit f whiteacres, cambridge road, whetstone, leicester, LE8 6ZG

ovation boat surveys ltd Estimated Valuation

£79.7k

Pomanda estimates the enterprise value of OVATION BOAT SURVEYS LTD at £79.7k based on a Turnover of £173.1k and 0.46x industry multiple (adjusted for size and gross margin).

ovation boat surveys ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of OVATION BOAT SURVEYS LTD at £0 based on an EBITDA of £-8.8k and a 3.31x industry multiple (adjusted for size and gross margin).

ovation boat surveys ltd Estimated Valuation

£147.5k

Pomanda estimates the enterprise value of OVATION BOAT SURVEYS LTD at £147.5k based on Net Assets of £64.3k and 2.3x industry multiple (adjusted for liquidity).

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Ovation Boat Surveys Ltd Overview

Ovation Boat Surveys Ltd is a live company located in whetstone, LE8 6ZG with a Companies House number of 09886377. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 2015, it's largest shareholder is christopher williams with a 100% stake. Ovation Boat Surveys Ltd is a established, micro sized company, Pomanda has estimated its turnover at £173.1k with rapid growth in recent years.

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Ovation Boat Surveys Ltd Health Check

Pomanda's financial health check has awarded Ovation Boat Surveys Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £173.1k, make it smaller than the average company (£1.9m)

£173.1k - Ovation Boat Surveys Ltd

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (6.2%)

49% - Ovation Boat Surveys Ltd

6.2% - Industry AVG

production

Production

with a gross margin of 23.8%, this company has a higher cost of product (44.3%)

23.8% - Ovation Boat Surveys Ltd

44.3% - Industry AVG

profitability

Profitability

an operating margin of -5.1% make it less profitable than the average company (5.9%)

-5.1% - Ovation Boat Surveys Ltd

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (18)

2 - Ovation Boat Surveys Ltd

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)

£49.8k - Ovation Boat Surveys Ltd

£49.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £86.6k, this is less efficient (£117.8k)

£86.6k - Ovation Boat Surveys Ltd

£117.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 153 days, this is later than average (58 days)

153 days - Ovation Boat Surveys Ltd

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (32 days)

12 days - Ovation Boat Surveys Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ovation Boat Surveys Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ovation Boat Surveys Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.8%, this is a lower level of debt than the average (52.5%)

11.8% - Ovation Boat Surveys Ltd

52.5% - Industry AVG

OVATION BOAT SURVEYS LTD financials

EXPORTms excel logo

Ovation Boat Surveys Ltd's latest turnover from November 2023 is estimated at £173.1 thousand and the company has net assets of £64.3 thousand. According to their latest financial statements, Ovation Boat Surveys Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Turnover173,117170,37048,68252,694130,535132,15664,038
Other Income Or Grants
Cost Of Sales131,939130,27937,65839,34496,98298,64847,100
Gross Profit41,17840,09111,02413,35033,55333,50816,939
Admin Expenses50,00853,593-1,017-26,27123,38331,30951-31,780
Operating Profit-8,830-13,50212,04139,62110,1702,19916,88831,780
Interest Payable7068879011,1121,2981,089547156
Interest Receivable732526136113812454
Pre-Tax Profit-9,536-13,65711,19338,5709,2331,24816,46531,678
Tax-2,127-7,328-1,754-237-3,128-6,335
Profit After Tax-9,536-13,6579,06631,2427,4791,01113,33725,342
Dividends Paid
Retained Profit-9,536-13,6579,06631,2427,4791,01113,33725,342
Employee Costs99,64647,14291,35887,74188,59487,19042,432
Number Of Employees2122221
EBITDA*-8,830-13,50212,04139,62110,1702,19916,88831,780

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)52,00048,2981,415
Total Fixed Assets52,00048,2981,415
Stock & work in progress
Trade Debtors72,91185,332429685
Group Debtors30,73948,358
Misc Debtors
Cash48,80856,10266,10430,1926,64542,928
misc current assets4039
total current assets72,91185,33249,27756,82666,10460,93155,00342,928
total assets72,91185,332101,277105,12467,51960,93155,00342,928
Bank overdraft
Bank loan
Trade Creditors 4,6832,912
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,5968,1872,2247064,3947,586
total current liabilities4,6832,9122,5968,1872,2247064,3947,586
loans3,9448,60011,10418,42618,02620,43511,8305,000
hp & lease commitments
Accruals and Deferred Income
other liabilities5,000
provisions
total long term liabilities3,9448,60011,10418,42618,02620,43511,83010,000
total liabilities8,62711,51213,70026,61320,25021,14116,22417,586
net assets64,28473,82087,57778,51147,26939,79038,77925,342
total shareholders funds64,28473,82087,57778,51147,26939,79038,77925,342
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Operating Activities
Operating Profit-8,830-13,50212,04139,62110,1702,19916,88831,780
Depreciation
Amortisation
Tax-2,127-7,328-1,754-237-3,128-6,335
Stock
Debtors-12,42132,9033,44647,568-29,324-17,61948,358
Creditors1,7712,912
Accruals and Deferred Income-2,596-5,5915,9631,518-3,688-3,1927,586
Deferred Taxes & Provisions
Cash flow from operations5,362-46,089877-9,31239,25815,893-37,79033,031
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-4,656-2,504-7,322400-2,4098,6056,8305,000
Hire Purchase and Lease Commitments
other long term liabilities-5,0005,000
share issue-100100
interest-706-155-849-1,051-937-951-423-102
cash flow from financing-5,362-2,759-8,171-651-3,3467,6541,5079,898
cash and cash equivalents
cash-48,808-7,294-10,00235,91223,547-36,28342,928
overdraft
change in cash-48,808-7,294-10,00235,91223,547-36,28342,928

ovation boat surveys ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Ovation Boat Surveys Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ovation boat surveys ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LE8 area or any other competitors across 12 key performance metrics.

ovation boat surveys ltd Ownership

OVATION BOAT SURVEYS LTD group structure

Ovation Boat Surveys Ltd has no subsidiary companies.

Ultimate parent company

OVATION BOAT SURVEYS LTD

09886377

OVATION BOAT SURVEYS LTD Shareholders

christopher williams 100%

ovation boat surveys ltd directors

Ovation Boat Surveys Ltd currently has 1 director, Mr Christopher Williams serving since Nov 2015.

officercountryagestartendrole
Mr Christopher WilliamsEngland64 years Nov 2015- Director

P&L

November 2023

turnover

173.1k

+2%

operating profit

-8.8k

0%

gross margin

23.8%

+1.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

64.3k

-0.13%

total assets

72.9k

-0.15%

cash

0

0%

net assets

Total assets minus all liabilities

ovation boat surveys ltd company details

company number

09886377

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

November 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

unit f whiteacres, cambridge road, whetstone, leicester, LE8 6ZG

Bank

-

Legal Advisor

-

ovation boat surveys 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 ovation boat surveys ltd.

ovation boat surveys 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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ovation boat surveys ltd Companies House Filings - See Documents

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