msv narrowboats ltd
msv narrowboats ltd Company Information
Company Number
09934324
Website
www.facebook.comRegistered Address
the canal wharf station road, aynho, banbury, oxfordshire, OX17 3BP
Industry
Other amusement and recreation activities
Telephone
01869336244
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
nikki kirk & matthew varney 100%
msv narrowboats ltd Estimated Valuation
Pomanda estimates the enterprise value of MSV NARROWBOATS LTD at £554.4k based on a Turnover of £602.5k and 0.92x industry multiple (adjusted for size and gross margin).
msv narrowboats ltd Estimated Valuation
Pomanda estimates the enterprise value of MSV NARROWBOATS LTD at £46.9k based on an EBITDA of £13.2k and a 3.57x industry multiple (adjusted for size and gross margin).
msv narrowboats ltd Estimated Valuation
Pomanda estimates the enterprise value of MSV NARROWBOATS LTD at £193.2k based on Net Assets of £102.2k and 1.89x industry multiple (adjusted for liquidity).
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Msv Narrowboats Ltd Overview
Msv Narrowboats Ltd is a live company located in banbury, OX17 3BP with a Companies House number of 09934324. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in January 2016, it's largest shareholder is nikki kirk & matthew varney with a 100% stake. Msv Narrowboats Ltd is a young, small sized company, Pomanda has estimated its turnover at £602.5k with rapid growth in recent years.
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Msv Narrowboats Ltd Health Check
Pomanda's financial health check has awarded Msv Narrowboats Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £602.5k, make it larger than the average company (£326.9k)
- Msv Narrowboats Ltd
£326.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (12.3%)
- Msv Narrowboats Ltd
12.3% - Industry AVG
Production
with a gross margin of 59.1%, this company has a comparable cost of product (59.1%)
- Msv Narrowboats Ltd
59.1% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (9.3%)
- Msv Narrowboats Ltd
9.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (10)
7 - Msv Narrowboats Ltd
10 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
- Msv Narrowboats Ltd
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £86.1k, this is more efficient (£47.4k)
- Msv Narrowboats Ltd
£47.4k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (10 days)
- Msv Narrowboats Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (43 days)
- Msv Narrowboats Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 39 days, this is more than average (18 days)
- Msv Narrowboats Ltd
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is less cash available to meet short term requirements (120 weeks)
55 weeks - Msv Narrowboats Ltd
120 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.1%, this is a higher level of debt than the average (28.8%)
51.1% - Msv Narrowboats Ltd
28.8% - Industry AVG
MSV NARROWBOATS LTD financials
Msv Narrowboats Ltd's latest turnover from February 2024 is estimated at £602.5 thousand and the company has net assets of £102.2 thousand. According to their latest financial statements, Msv Narrowboats Ltd has 7 employees and maintains cash reserves of £89.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 244,739 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 173,051 | |||||||
| Gross Profit | 71,688 | |||||||
| Admin Expenses | 51,653 | |||||||
| Operating Profit | 20,035 | |||||||
| Interest Payable | 0 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | 20,035 | |||||||
| Tax | -6,430 | |||||||
| Profit After Tax | 13,605 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | 13,605 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 7 | 6 | 5 | 6 | 5 | 5 | 4 | 3 |
| EBITDA* | 34,848 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,061 | 26,937 | 22,710 | 27,987 | 34,376 | 50,958 | 67,583 | 82,653 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 44,061 | 26,937 | 22,710 | 27,987 | 34,376 | 50,958 | 67,583 | 82,653 |
| Stock & work in progress | 26,899 | 23,631 | 15,416 | 12,178 | 13,124 | 11,682 | 25,100 | 16,900 |
| Trade Debtors | 36,731 | 3,579 | 1,094 | 8,164 | 8,775 | 13,006 | 4,644 | 11,683 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 12,041 | 12,349 | 12,703 | 12,171 | 13,803 | 12,550 | 0 | 12,523 |
| Cash | 89,244 | 104,609 | 96,443 | 83,634 | 49,465 | 34,662 | 10,404 | 14,442 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 164,915 | 144,168 | 125,656 | 116,147 | 85,167 | 71,900 | 50,351 | 55,548 |
| total assets | 208,976 | 171,105 | 148,366 | 144,134 | 119,543 | 122,858 | 117,934 | 138,201 |
| Bank overdraft | 1,934 | 946 | 1,219 | 1,374 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,347 | 20,391 | 17,929 | 15,446 | 17,969 | 18,012 | 13,785 | 17,505 |
| Group/Directors Accounts | 30,219 | 31,237 | 19,896 | 19,233 | 37,500 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,027 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 26,452 | 19,913 | 16,671 | 20,203 | 31,607 | 89,044 | 0 | 102,111 |
| total current liabilities | 82,979 | 72,487 | 55,715 | 56,256 | 87,076 | 107,056 | 111,306 | 119,616 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 15,907 | 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 | 7,853 | 1,890 | 263 | 442 | 832 | 2,082 | 3,340 | 4,530 |
| total long term liabilities | 23,760 | 1,890 | 263 | 442 | 832 | 2,082 | 3,340 | 4,530 |
| total liabilities | 106,739 | 74,377 | 55,978 | 56,698 | 87,908 | 109,138 | 114,646 | 124,146 |
| net assets | 102,237 | 96,728 | 92,388 | 87,436 | 31,635 | 13,720 | 3,288 | 14,055 |
| total shareholders funds | 102,237 | 96,728 | 92,388 | 87,436 | 31,635 | 13,720 | 3,288 | 14,055 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 20,035 | |||||||
| Depreciation | 10,495 | 5,064 | 6,573 | 6,531 | 17,049 | 16,932 | 14,813 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -6,430 | |||||||
| Stock | 3,268 | 8,215 | 3,238 | -946 | 1,442 | -13,418 | 8,200 | 16,900 |
| Debtors | 32,844 | 2,131 | -6,538 | -2,243 | -2,978 | -14,591 | 15,941 | 24,206 |
| Creditors | -44 | 2,462 | 2,483 | -2,523 | -43 | 4,227 | -3,720 | 17,505 |
| Accruals and Deferred Income | 6,539 | 3,242 | -3,532 | -11,404 | -57,437 | 89,044 | -102,111 | 102,111 |
| Deferred Taxes & Provisions | 5,963 | 1,627 | -179 | -390 | -1,250 | -1,258 | -1,190 | 4,530 |
| Cash flow from operations | 111,458 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,018 | 11,341 | 663 | -18,267 | 37,500 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 19,934 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | |||||||
| cash flow from financing | 450 | |||||||
| cash and cash equivalents | ||||||||
| cash | -15,365 | 8,166 | 12,809 | 34,169 | 14,803 | 24,258 | -4,038 | 14,442 |
| overdraft | 988 | -273 | -155 | 1,374 | 0 | 0 | 0 | 0 |
| change in cash | -16,353 | 8,439 | 12,964 | 32,795 | 14,803 | 24,258 | -4,038 | 14,442 |
msv narrowboats ltd Credit Report and Business Information
Msv Narrowboats Ltd Competitor Analysis
Perform a competitor analysis for msv narrowboats ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in OX17 area or any other competitors across 12 key performance metrics.
msv narrowboats ltd Ownership
MSV NARROWBOATS LTD group structure
Msv Narrowboats Ltd has no subsidiary companies.
Ultimate parent company
MSV NARROWBOATS LTD
09934324
msv narrowboats ltd directors
Msv Narrowboats Ltd currently has 2 directors. The longest serving directors include Miss Nikki Kirk (Oct 2018) and Mr Matthew Varney (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Nikki Kirk | England | 47 years | Oct 2018 | - | Director |
| Mr Matthew Varney | England | 50 years | Oct 2018 | - | Director |
P&L
February 2024turnover
602.5k
+228%
operating profit
2.7k
0%
gross margin
59.2%
-3.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
102.2k
+0.06%
total assets
209k
+0.22%
cash
89.2k
-0.15%
net assets
Total assets minus all liabilities
msv narrowboats ltd company details
company number
09934324
Type
Private limited with Share Capital
industry
93290 - Other amusement and recreation activities
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
the wharf @ bridge 190 ltd (January 2019)
accountant
LINK ACCOUNTING LIMITED
auditor
-
address
the canal wharf station road, aynho, banbury, oxfordshire, OX17 3BP
Bank
-
Legal Advisor
-
msv narrowboats 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 msv narrowboats ltd.
msv narrowboats ltd Companies House Filings - See Documents
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