three mile beach limited

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three mile beach limited Company Information

Share THREE MILE BEACH LIMITED
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Company Number

09924581

Registered Address

the office three mile beach, gwithian towans, hayle, cornwall, TR27 5GE

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

01736805981

Next Accounts Due

September 2025

Group Structure

View All

Directors

Craig Burkinshaw8 Years

Nicholas McIvor3 Years

Shareholders

craig burkinshaw 76%

joanne le bon 24%

three mile beach limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of THREE MILE BEACH LIMITED at £1.2m based on a Turnover of £394.3k and 3.14x industry multiple (adjusted for size and gross margin).

three mile beach limited Estimated Valuation

£13.5m

Pomanda estimates the enterprise value of THREE MILE BEACH LIMITED at £13.5m based on an EBITDA of £1.9m and a 7.17x industry multiple (adjusted for size and gross margin).

three mile beach limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THREE MILE BEACH LIMITED at £0 based on Net Assets of £-4.9m and 1.62x industry multiple (adjusted for liquidity).

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Three Mile Beach Limited Overview

Three Mile Beach Limited is a live company located in hayle, TR27 5GE with a Companies House number of 09924581. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2015, it's largest shareholder is craig burkinshaw with a 76% stake. Three Mile Beach Limited is a young, micro sized company, Pomanda has estimated its turnover at £394.3k with high growth in recent years.

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Three Mile Beach Limited Health Check

Pomanda's financial health check has awarded Three Mile Beach Limited a 5 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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £394.3k, make it smaller than the average company (£994.7k)

£394.3k - Three Mile Beach Limited

£994.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.3%)

17% - Three Mile Beach Limited

3.3% - Industry AVG

production

Production

with a gross margin of 74%, this company has a comparable cost of product (74%)

74% - Three Mile Beach Limited

74% - Industry AVG

profitability

Profitability

an operating margin of 368.1% make it more profitable than the average company (25.8%)

368.1% - Three Mile Beach Limited

25.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Three Mile Beach Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Three Mile Beach Limited

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £197.2k, this is equally as efficient (£199k)

£197.2k - Three Mile Beach Limited

£199k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is earlier than average (32 days)

22 days - Three Mile Beach Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 896 days, this is slower than average (35 days)

896 days - Three Mile Beach Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Three Mile Beach Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (11 weeks)

23 weeks - Three Mile Beach Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 136.2%, this is a higher level of debt than the average (69.4%)

136.2% - Three Mile Beach Limited

69.4% - Industry AVG

THREE MILE BEACH LIMITED financials

EXPORTms excel logo

Three Mile Beach Limited's latest turnover from December 2023 is estimated at £394.3 thousand and the company has net assets of -£4.9 million. According to their latest financial statements, we estimate that Three Mile Beach Limited has 2 employees and maintains cash reserves of £114.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover394,344150,276344,547249,3658,783,4624,561,8384,422,4513,518,188
Other Income Or Grants00000000
Cost Of Sales102,61643,482108,88177,3222,886,8231,407,3221,285,688969,467
Gross Profit291,728106,793235,665172,0435,896,6393,154,5153,136,7622,548,721
Admin Expenses-1,160,006-1,008,882240,6703,243,2486,091,6263,415,0953,395,7432,598,884
Operating Profit1,451,7341,115,675-5,005-3,071,205-194,987-260,580-258,981-50,163
Interest Payable1,730,6381,427,703462,15500000
Interest Receivable11,4366,54587190000
Pre-Tax Profit-267,468-305,483-467,072-3,071,186-194,987-260,580-258,981-50,163
Tax00000000
Profit After Tax-267,468-305,483-467,072-3,071,186-194,987-260,580-258,981-50,163
Dividends Paid00000000
Retained Profit-267,468-305,483-467,072-3,071,186-194,987-260,580-258,981-50,163
Employee Costs65,99031,04729,97285,09487,458842,985852,660665,398
Number Of Employees21133303225
EBITDA*1,880,8151,521,668193,630-3,058,207-194,987-260,580-258,981-50,163

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets12,835,97111,966,96611,938,2619,075,7268,301,0393,054,3102,724,668648,449
Intangible Assets00000000
Investments & Other1001001001000000
Debtors (Due After 1 year)00000000
Total Fixed Assets12,836,07111,967,06611,938,3619,075,8268,301,0393,054,3102,724,668648,449
Stock & work in progress00000000
Trade Debtors24,41118,688016,54278,35295,589180,939297,346
Group Debtors481,363243,824620,93600000
Misc Debtors9,0418,65813,27982,5540000
Cash114,368343,07730,93338,9110000
misc current assets00000000
total current assets629,183614,247665,148138,00778,35295,589180,939297,346
total assets13,465,25412,581,31312,603,5099,213,8338,379,3913,149,8992,905,607945,795
Bank overdraft00000000
Bank loan00000000
Trade Creditors 252,17515,039207,10145,7359,140,1253,719,6233,214,751995,958
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities1,5005,4779,12813,003,8950000
total current liabilities253,67520,516216,22913,049,6309,140,1253,719,6233,214,751995,958
loans16,198,20115,267,95114,788,95100000
hp & lease commitments00000000
Accruals and Deferred Income00003,977000
other liabilities1,889,1981,901,1981,901,19800000
provisions00000000
total long term liabilities18,087,39917,169,14916,690,14903,977000
total liabilities18,341,07417,189,66516,906,37813,049,6309,144,1023,719,6233,214,751995,958
net assets-4,875,820-4,608,352-4,302,869-3,835,797-764,711-569,724-309,144-50,163
total shareholders funds-4,875,820-4,608,352-4,302,869-3,835,797-764,711-569,724-309,144-50,163
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit1,451,7341,115,675-5,005-3,071,205-194,987-260,580-258,981-50,163
Depreciation429,081405,993198,63512,9980000
Amortisation00000000
Tax00000000
Stock00000000
Debtors243,645-363,045535,11920,744-17,237-85,350-116,407297,346
Creditors237,136-192,062161,366-9,094,3905,420,502504,8722,218,793995,958
Accruals and Deferred Income-3,977-3,651-12,994,76712,999,9183,977000
Deferred Taxes & Provisions00000000
Cash flow from operations1,870,3291,689,000-13,174,890826,5775,246,729329,6422,076,219648,449
Investing Activities
capital expenditure-1,298,086-434,698-3,061,170-787,685-5,246,729-329,642-2,076,219-648,449
Change in Investments0001000000
cash flow from investments-1,298,086-434,698-3,061,170-787,785-5,246,729-329,642-2,076,219-648,449
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans930,250479,00014,788,95100000
Hire Purchase and Lease Commitments00000000
other long term liabilities-12,00001,901,19800000
share issue0001000000
interest-1,719,202-1,421,158-462,068190000
cash flow from financing-800,952-942,15816,228,0811190000
cash and cash equivalents
cash-228,709312,144-7,97838,9110000
overdraft00000000
change in cash-228,709312,144-7,97838,9110000

three mile beach limited 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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Three Mile Beach Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for three mile beach limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TR27 area or any other competitors across 12 key performance metrics.

three mile beach limited Ownership

THREE MILE BEACH LIMITED group structure

Three Mile Beach Limited has 2 subsidiary companies.

Ultimate parent company

THREE MILE BEACH LIMITED

09924581

2 subsidiaries

THREE MILE BEACH LIMITED Shareholders

craig burkinshaw 76%
joanne le bon 24%

three mile beach limited directors

Three Mile Beach Limited currently has 2 directors. The longest serving directors include Mr Craig Burkinshaw (Dec 2015) and Mr Nicholas McIvor (Jun 2021).

officercountryagestartendrole
Mr Craig BurkinshawEngland54 years Dec 2015- Director
Mr Nicholas McIvorEngland35 years Jun 2021- Director

P&L

December 2023

turnover

394.3k

+162%

operating profit

1.5m

0%

gross margin

74%

+4.1%

turnover

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

Balance Sheet

December 2023

net assets

-4.9m

+0.06%

total assets

13.5m

+0.07%

cash

114.4k

-0.67%

net assets

Total assets minus all liabilities

three mile beach limited company details

company number

09924581

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

BICKERSTAFF & CO LIMITED

auditor

-

address

the office three mile beach, gwithian towans, hayle, cornwall, TR27 5GE

Bank

-

Legal Advisor

-

three mile beach limited 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 three mile beach limited.

charges

three mile beach limited Companies House Filings - See Documents

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