Pomanda estimates the enterprise value of 23 AND THE SEA LTD at £33.2k based on a Turnover of £51.2k and 0.65x industry multiple (adjusted for size and gross margin).
23 and the sea ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of 23 AND THE SEA LTD at £0 based on an EBITDA of £-2.8k and a 4.58x industry multiple (adjusted for size and gross margin).
23 and the sea ltdEstimated Valuation
£845
Pomanda estimates the enterprise value of 23 AND THE SEA LTD at £845 based on Net Assets of £370 and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
23 And The Sea LtdOverview
23 And The Sea Ltd is a live company located in hove, BN3 3AD with a Companies House number of 10352798. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2016, it's largest shareholder is
cathy jones
with a 100% stake. 23 And The Sea Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£51.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded 23 And The Sea Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £51.2k, make it smaller than the average company (£1.6m)
£51.2k - 23 And The Sea Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (10.5%)
-13% - 23 And The Sea Ltd
10.5% - Industry AVG
Production
with a gross margin of 45%, this company has a comparable cost of product (45%)
45% - 23 And The Sea Ltd
45% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (5.6%)
-5.4% - 23 And The Sea Ltd
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - 23 And The Sea Ltd
12 - Industry AVG
Pay Structure
on an average salary of £61.9k, the company has an equivalent pay structure (£61.9k)
£61.9k - 23 And The Sea Ltd
£61.9k - Industry AVG
Efficiency
resulting in sales per employee of £51.2k, this is less efficient (£131.7k)
£51.2k - 23 And The Sea Ltd
£131.7k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (60 days)
5 days - 23 And The Sea Ltd
60 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - 23 And The Sea Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 23 And The Sea Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 50 weeks, this is more cash available to meet short term requirements (16 weeks)
50 weeks - 23 And The Sea Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (56.6%)
96.6% - 23 And The Sea Ltd
56.6% - Industry AVG
23 AND THE SEA LTD financials
EXPORT
23 And The Sea Ltd's latest turnover from August 2024 is estimated at £51.2 thousand and the company has net assets of £370. According to their latest financial statements, 23 And The Sea Ltd has 1 employee and maintains cash reserves of £10.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Turnover
51,171
45,826
51,662
77,872
109,840
114,804
61,891
69,112
Other Income Or Grants
Cost Of Sales
28,144
23,523
27,431
40,349
52,204
54,711
27,932
28,703
Gross Profit
23,027
22,302
24,230
37,523
57,636
60,093
33,959
40,409
Admin Expenses
25,784
29,903
36,016
29,811
99,409
45,210
10,598
10,009
Operating Profit
-2,757
-7,601
-11,786
7,712
-41,773
14,883
23,361
30,400
Interest Payable
Interest Receivable
541
699
402
27
53
537
321
32
Pre-Tax Profit
-2,216
-6,902
-11,384
7,738
-41,720
15,420
23,683
30,432
Tax
-1,470
-2,930
-4,500
-5,782
Profit After Tax
-2,216
-6,902
-11,384
6,268
-41,720
12,490
19,183
24,650
Dividends Paid
Retained Profit
-2,216
-6,902
-11,384
6,268
-41,720
12,490
19,183
24,650
Employee Costs
61,933
56,303
53,000
49,088
46,545
51,402
54,635
52,442
Number Of Employees
1
1
1
1
1
1
1
1
EBITDA*
-2,757
-7,601
-11,786
8,974
-40,542
16,675
25,184
32,222
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Tangible Assets
1,262
2,493
4,285
6,107
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,262
2,493
4,285
6,107
Stock & work in progress
Trade Debtors
749
9
2,170
10,608
5,179
8,182
Group Debtors
Misc Debtors
Cash
10,069
11,588
15,052
30,864
22,283
83,328
59,777
25,890
misc current assets
total current assets
10,818
11,597
17,222
41,472
22,283
83,328
64,956
34,072
total assets
10,818
11,597
17,222
41,472
23,545
85,821
69,241
40,179
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
10,448
9,011
7,734
20,600
8,727
29,273
25,407
15,528
total current liabilities
10,448
9,011
7,734
20,600
8,727
29,273
25,407
15,528
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
214
224
total long term liabilities
214
224
total liabilities
10,448
9,011
7,734
20,600
8,941
29,497
25,407
15,528
net assets
370
2,586
9,488
20,872
14,604
56,324
43,834
24,651
total shareholders funds
370
2,586
9,488
20,872
14,604
56,324
43,834
24,651
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Operating Activities
Operating Profit
-2,757
-7,601
-11,786
7,712
-41,773
14,883
23,361
30,400
Depreciation
1,262
1,231
1,792
1,823
1,822
Amortisation
Tax
-1,470
-2,930
-4,500
-5,782
Stock
Debtors
740
-2,161
-8,438
10,608
-5,179
-3,003
8,182
Creditors
Accruals and Deferred Income
1,437
1,277
-12,866
11,873
-20,546
3,866
9,879
15,528
Deferred Taxes & Provisions
-214
-10
224
Cash flow from operations
-2,060
-4,163
-16,214
8,555
-61,098
23,014
33,566
33,786
Investing Activities
capital expenditure
-1
-7,929
Change in Investments
cash flow from investments
-1
-7,929
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
541
699
402
27
53
537
321
32
cash flow from financing
541
699
402
27
53
537
321
33
cash and cash equivalents
cash
-1,519
-3,464
-15,812
8,581
-61,045
23,551
33,887
25,890
overdraft
change in cash
-1,519
-3,464
-15,812
8,581
-61,045
23,551
33,887
25,890
23 and the sea ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 23 and the sea ltd. Get real-time insights into 23 and the sea ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 23 and the sea ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
23 and the sea ltd Ownership
23 AND THE SEA LTD group structure
23 And The Sea Ltd has no subsidiary companies.
Ultimate parent company
23 AND THE SEA LTD
10352798
23 AND THE SEA LTD Shareholders
The sole shareholder of 23 And The Sea Ltd is Cathy Jones.
cathy jones
100%
23 and the sea ltd directors
23 And The Sea Ltd currently has 1 director, Ms Cathy Jones serving since Aug 2016.
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 23 and the sea ltd.
23 and the sea 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.
Click to start generating capital raising & share issue transactions for 23 AND THE SEA LTD. This can take several minutes, an email will notify you when this has completed.
23 and the sea ltdCompanies House Filings - See Documents
