gibbs quay boat sales limited
gibbs quay boat sales limited Company Information
Company Number
10031898
Website
www.gibbsboatsales.co.ukRegistered Address
1st floor 314 regents park road, finchley, london, N3 2LT
Industry
Other retail sale not in stores, stalls or markets
Other personal service activities n.e.c.
Telephone
01202682457
Next Accounts Due
December 2024
Group Structure
View All
Directors
Donald Bissessar7 Years
Shareholders
mrs geraldine helen bissessar & mr donald imnauth bissessar 100%
gibbs quay boat sales limited Estimated Valuation
Pomanda estimates the enterprise value of GIBBS QUAY BOAT SALES LIMITED at £1.8m based on a Turnover of £3.1m and 0.58x industry multiple (adjusted for size and gross margin).
gibbs quay boat sales limited Estimated Valuation
Pomanda estimates the enterprise value of GIBBS QUAY BOAT SALES LIMITED at £0 based on an EBITDA of £-15.6k and a 4.56x industry multiple (adjusted for size and gross margin).
gibbs quay boat sales limited Estimated Valuation
Pomanda estimates the enterprise value of GIBBS QUAY BOAT SALES LIMITED at £226.2k based on Net Assets of £108.6k and 2.08x industry multiple (adjusted for liquidity).
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Gibbs Quay Boat Sales Limited Overview
Gibbs Quay Boat Sales Limited is a live company located in london, N3 2LT with a Companies House number of 10031898. It operates in the agents specialized in the sale of other particular products sector, SIC Code 46180. Founded in February 2016, it's largest shareholder is mrs geraldine helen bissessar & mr donald imnauth bissessar with a 100% stake. Gibbs Quay Boat Sales Limited is a young, small sized company, Pomanda has estimated its turnover at £3.1m with rapid growth in recent years.
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Gibbs Quay Boat Sales Limited Health Check
Pomanda's financial health check has awarded Gibbs Quay Boat Sales Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £3.1m, make it in line with the average company (£3.3m)
- Gibbs Quay Boat Sales Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (5.2%)
- Gibbs Quay Boat Sales Limited
5.2% - Industry AVG
Production
with a gross margin of 33.7%, this company has a comparable cost of product (33.7%)
- Gibbs Quay Boat Sales Limited
33.7% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (6.3%)
- Gibbs Quay Boat Sales Limited
6.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Gibbs Quay Boat Sales Limited
13 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
- Gibbs Quay Boat Sales Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£215.1k)
- Gibbs Quay Boat Sales Limited
£215.1k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is earlier than average (39 days)
- Gibbs Quay Boat Sales Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (35 days)
- Gibbs Quay Boat Sales Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 397 days, this is more than average (57 days)
- Gibbs Quay Boat Sales Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (37 weeks)
2 weeks - Gibbs Quay Boat Sales Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (51.8%)
96.3% - Gibbs Quay Boat Sales Limited
51.8% - Industry AVG
GIBBS QUAY BOAT SALES LIMITED financials
Gibbs Quay Boat Sales Limited's latest turnover from March 2023 is estimated at £3.1 million and the company has net assets of £108.6 thousand. According to their latest financial statements, Gibbs Quay Boat Sales Limited has 3 employees and maintains cash reserves of £139.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 4 | 4 | 5 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,905 | 51,539 | 40,734 | 50,067 | 65,984 | 78,207 | 0 |
| Intangible Assets | 0 | 0 | 1,750 | 3,500 | 5,250 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,905 | 51,539 | 42,484 | 53,567 | 71,234 | 78,207 | 0 |
| Stock & work in progress | 2,230,928 | 947,259 | 1,290,777 | 995,424 | 1,176,484 | 1,239,200 | 0 |
| Trade Debtors | 234,554 | 192,245 | 16,158 | 15,590 | 12,143 | 238,480 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 297,416 | 63,392 | 177,954 | 46,989 | 3,743 | 35,782 | 297 |
| Cash | 139,292 | 496,307 | 191,757 | 61,742 | 246,881 | 135,460 | 4,113 |
| misc current assets | 0 | 0 | 0 | 0 | 14,455 | 12,028 | 1,140 |
| total current assets | 2,902,190 | 1,699,203 | 1,676,646 | 1,119,745 | 1,453,706 | 1,660,950 | 5,550 |
| total assets | 2,921,095 | 1,750,742 | 1,719,130 | 1,173,312 | 1,524,940 | 1,739,157 | 5,550 |
| Bank overdraft | 18,182 | 18,182 | 19,623 | 59,008 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 246,938 | 131,457 | 152,653 | 52,533 | 609,690 | 535,523 | 1,348 |
| Group/Directors Accounts | 22,298 | 14,998 | 62,871 | 24,760 | 165,415 | 163,714 | 4,332 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,824 | 6,463 | 0 | 0 | 8,289 | 8,642 | 0 |
| other current liabilities | 2,476,520 | 944,727 | 347,346 | 77,419 | 198,181 | 722,152 | 23 |
| total current liabilities | 2,770,762 | 1,115,827 | 582,493 | 213,720 | 981,575 | 1,430,031 | 5,703 |
| loans | 39,394 | 57,576 | 73,836 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,355 | 9,179 | 0 | 0 | 0 | 8,289 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 449,390 | 1,002,448 | 900,419 | 452,935 | 225,816 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,749 | 516,145 | 1,076,284 | 900,419 | 452,935 | 234,105 | 0 |
| total liabilities | 2,812,511 | 1,631,972 | 1,658,777 | 1,114,139 | 1,434,510 | 1,664,136 | 5,703 |
| net assets | 108,584 | 118,770 | 60,353 | 59,173 | 90,430 | 75,021 | -153 |
| total shareholders funds | 108,584 | 118,770 | 60,353 | 59,173 | 90,430 | 75,021 | -153 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,287 | 18,334 | 13,872 | 17,503 | 22,439 | 26,278 | 0 |
| Amortisation | 0 | 1,750 | 1,750 | 1,750 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 1,283,669 | -343,518 | 295,353 | -181,060 | -62,716 | 1,239,200 | 0 |
| Debtors | 276,333 | 61,525 | 131,533 | 46,693 | -258,376 | 273,965 | 297 |
| Creditors | 115,481 | -21,196 | 100,120 | -557,157 | 74,167 | 534,175 | 1,348 |
| Accruals and Deferred Income | 1,531,793 | 597,381 | 269,927 | -120,762 | -523,971 | 722,129 | 23 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 7,300 | -47,873 | 38,111 | -140,655 | 1,701 | 159,382 | 4,332 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -18,182 | -16,260 | 73,836 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -6,463 | 15,642 | 0 | -8,289 | -8,642 | 16,931 | 0 |
| other long term liabilities | -449,390 | -553,058 | 102,029 | 447,484 | 227,119 | 225,816 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -357,015 | 304,550 | 130,015 | -185,139 | 111,421 | 131,347 | 4,113 |
| overdraft | 0 | -1,441 | -39,385 | 59,008 | 0 | 0 | 0 |
| change in cash | -357,015 | 305,991 | 169,400 | -244,147 | 111,421 | 131,347 | 4,113 |
gibbs quay boat sales limited Credit Report and Business Information
Gibbs Quay Boat Sales Limited Competitor Analysis
Perform a competitor analysis for gibbs quay boat sales limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gibbs quay boat sales limited Ownership
GIBBS QUAY BOAT SALES LIMITED group structure
Gibbs Quay Boat Sales Limited has no subsidiary companies.
Ultimate parent company
GIBBS QUAY BOAT SALES LIMITED
10031898
gibbs quay boat sales limited directors
Gibbs Quay Boat Sales Limited currently has 1 director, Mr Donald Bissessar serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Donald Bissessar | United Kingdom | 70 years | Nov 2016 | - | Director |
P&L
March 2023turnover
3.1m
+77%
operating profit
-16.9k
0%
gross margin
33.7%
-1.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
108.6k
-0.09%
total assets
2.9m
+0.67%
cash
139.3k
-0.72%
net assets
Total assets minus all liabilities
Similar Companies
gibbs quay boat sales limited company details
company number
10031898
Type
Private limited with Share Capital
industry
46180 - Agents specialised in the sale of other particular products
47990 - Other retail sale not in stores, stalls or markets
96090 - Other personal service activities n.e.c.
incorporation date
February 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
1st floor 314 regents park road, finchley, london, N3 2LT
last accounts submitted
March 2023
gibbs quay boat sales 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 found 2 charges/mortgages relating to gibbs quay boat sales limited. Currently there are 1 open charges and 1 have been satisfied in the past.
gibbs quay boat sales limited Companies House Filings - See Documents
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