three mile beach limited Company Information
Company Number
09924581
Website
threemilebeach.co.ukRegistered 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
Shareholders
craig burkinshaw 76%
joanne le bon 24%
three mile beach limited Estimated Valuation
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
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
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).
Edit your figures and get a professional valuation report.
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
5 Strong
3 Regular
3 Weak
Size
annual sales of £394.3k, make it smaller than the average company (£994.7k)
- Three Mile Beach Limited
£994.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.3%)
- Three Mile Beach Limited
3.3% - Industry AVG
Production
with a gross margin of 74%, this company has a comparable cost of product (74%)
- Three Mile Beach Limited
74% - Industry AVG
Profitability
an operating margin of 368.1% make it more profitable than the average company (25.8%)
- Three Mile Beach Limited
25.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Three Mile Beach Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Three Mile Beach Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £197.2k, this is equally as efficient (£199k)
- Three Mile Beach Limited
£199k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (32 days)
- Three Mile Beach Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 896 days, this is slower than average (35 days)
- Three Mile Beach Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Three Mile Beach Limited
- - Industry AVG
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
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
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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 1 | 3 | 3 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 12,835,971 | 11,966,966 | 11,938,261 | 9,075,726 | 8,301,039 | 3,054,310 | 2,724,668 | 648,449 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 100 | 100 | 100 | 100 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 12,836,071 | 11,967,066 | 11,938,361 | 9,075,826 | 8,301,039 | 3,054,310 | 2,724,668 | 648,449 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 24,411 | 18,688 | 0 | 16,542 | 78,352 | 95,589 | 180,939 | 297,346 |
Group Debtors | 481,363 | 243,824 | 620,936 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 9,041 | 8,658 | 13,279 | 82,554 | 0 | 0 | 0 | 0 |
Cash | 114,368 | 343,077 | 30,933 | 38,911 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 629,183 | 614,247 | 665,148 | 138,007 | 78,352 | 95,589 | 180,939 | 297,346 |
total assets | 13,465,254 | 12,581,313 | 12,603,509 | 9,213,833 | 8,379,391 | 3,149,899 | 2,905,607 | 945,795 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 252,175 | 15,039 | 207,101 | 45,735 | 9,140,125 | 3,719,623 | 3,214,751 | 995,958 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1,500 | 5,477 | 9,128 | 13,003,895 | 0 | 0 | 0 | 0 |
total current liabilities | 253,675 | 20,516 | 216,229 | 13,049,630 | 9,140,125 | 3,719,623 | 3,214,751 | 995,958 |
loans | 16,198,201 | 15,267,951 | 14,788,951 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 3,977 | 0 | 0 | 0 |
other liabilities | 1,889,198 | 1,901,198 | 1,901,198 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 18,087,399 | 17,169,149 | 16,690,149 | 0 | 3,977 | 0 | 0 | 0 |
total liabilities | 18,341,074 | 17,189,665 | 16,906,378 | 13,049,630 | 9,144,102 | 3,719,623 | 3,214,751 | 995,958 |
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 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 429,081 | 405,993 | 198,635 | 12,998 | 0 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | |||
Tax | ||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 243,645 | -363,045 | 535,119 | 20,744 | -17,237 | -85,350 | -116,407 | 297,346 |
Creditors | 237,136 | -192,062 | 161,366 | -9,094,390 | 5,420,502 | 504,872 | 2,218,793 | 995,958 |
Accruals and Deferred Income | -3,977 | -3,651 | -12,994,767 | 12,999,918 | 3,977 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 930,250 | 479,000 | 14,788,951 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -12,000 | 0 | 1,901,198 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -228,709 | 312,144 | -7,978 | 38,911 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -228,709 | 312,144 | -7,978 | 38,911 | 0 | 0 | 0 | 0 |
three mile beach limited Credit Report and Business Information
Three Mile Beach Limited Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Craig Burkinshaw | England | 54 years | Dec 2015 | - | Director |
Mr Nicholas McIvor | England | 35 years | Jun 2021 | - | Director |
P&L
December 2023turnover
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 2023net 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
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.
three mile beach limited Companies House Filings - See Documents
date | description | view/download |
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