Pomanda estimates the enterprise value of COVE ATTRACTIONS LTD at £3.7m based on a Turnover of £3.9m and 0.94x industry multiple (adjusted for size and gross margin).
cove attractions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of COVE ATTRACTIONS LTD at £0 based on an EBITDA of £-33.5k and a 4.53x industry multiple (adjusted for size and gross margin).
cove attractions ltdEstimated Valuation
£573.5k
Pomanda estimates the enterprise value of COVE ATTRACTIONS LTD at £573.5k based on Net Assets of £288.3k and 1.99x industry multiple (adjusted for liquidity).
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Cove Attractions LtdOverview
Cove Attractions Ltd is a live company located in wells, BA5 1FD with a Companies House number of 10693895. It operates in the tour operator activities sector, SIC Code 79120. Founded in March 2017, it's largest shareholder is
emma campbell
with a 50% stake. Cove Attractions Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£3.9m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Cove Attractions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
4 Regular
6 Weak
Size
annual sales of £3.9m, make it smaller than the average company (£17.3m)
£3.9m - Cove Attractions Ltd
£17.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 69%, show it is growing at a similar rate (70.1%)
69% - Cove Attractions Ltd
70.1% - Industry AVG
Production
with a gross margin of 21.2%, this company has a comparable cost of product (21.2%)
21.2% - Cove Attractions Ltd
21.2% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (3.1%)
-1.2% - Cove Attractions Ltd
3.1% - Industry AVG
Employees
with 17 employees, this is below the industry average (42)
17 - Cove Attractions Ltd
42 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
£43k - Cove Attractions Ltd
£43k - Industry AVG
Efficiency
resulting in sales per employee of £229.4k, this is less efficient (£393.8k)
£229.4k - Cove Attractions Ltd
£393.8k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is later than average (5 days)
7 days - Cove Attractions Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (15 days)
2 days - Cove Attractions Ltd
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cove Attractions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is average cash available to meet short term requirements (22 weeks)
17 weeks - Cove Attractions Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.4%, this is a lower level of debt than the average (80.8%)
50.4% - Cove Attractions Ltd
80.8% - Industry AVG
COVE ATTRACTIONS LTD financials
EXPORT
Cove Attractions Ltd's latest turnover from June 2024 is estimated at £3.9 million and the company has net assets of £288.3 thousand. According to their latest financial statements, Cove Attractions Ltd has 17 employees and maintains cash reserves of £98 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Turnover
3,899,091
2,559,365
901,835
806,583
1,920,677
2,661,514
5,488,390
Other Income Or Grants
Cost Of Sales
3,073,462
2,020,911
697,918
651,248
1,546,624
2,139,626
4,441,546
Gross Profit
825,629
538,454
203,917
155,335
374,053
521,888
1,046,843
Admin Expenses
873,475
575,221
-34,854
51,708
345,318
511,879
978,786
Operating Profit
-47,846
-36,767
238,771
103,627
28,735
10,009
68,057
Interest Payable
1,813
3,050
1,525
Interest Receivable
4,936
7,169
2,309
161
74
Pre-Tax Profit
-42,910
-29,598
239,268
100,737
27,284
10,009
68,057
Tax
-45,461
-19,140
-5,184
-1,902
-12,931
Profit After Tax
-42,910
-29,598
193,807
81,597
22,100
8,107
55,126
Dividends Paid
Retained Profit
-42,910
-29,598
193,807
81,597
22,100
8,107
55,126
Employee Costs
730,404
642,641
528,394
375,588
428,292
344,511
599,049
Number Of Employees
17
15
14
11
12
10
18
EBITDA*
-33,486
-21,022
252,565
113,890
28,735
10,009
68,057
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Tangible Assets
51,365
50,620
59,317
13,831
461
616
822
Intangible Assets
8,429
16,904
25,355
33,806
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
59,794
67,524
84,672
47,637
461
616
822
Stock & work in progress
Trade Debtors
77,715
62,668
76,333
56,488
33,591
138,360
257,216
Group Debtors
Misc Debtors
345,437
248,694
188,728
65,854
20,642
Cash
98,025
90,022
196,739
172,770
148,273
misc current assets
total current assets
521,177
401,384
461,800
295,112
202,506
138,360
257,216
total assets
580,971
468,908
546,472
342,749
202,967
138,976
258,038
Bank overdraft
Bank loan
10,003
Trade Creditors
20,609
3,455
21,875
26,999
7,869
44,296
165,912
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
264,258
125,541
157,253
96,184
59,665
total current liabilities
284,867
128,996
179,128
133,186
67,534
44,296
165,912
loans
39,997
50,000
hp & lease commitments
Accruals and Deferred Income
31,447
37,000
other liabilities
provisions
7,775
8,673
6,507
2,536
total long term liabilities
7,775
8,673
6,507
42,533
50,000
31,447
37,000
total liabilities
292,642
137,669
185,635
175,719
117,534
75,743
202,912
net assets
288,329
331,239
360,837
167,030
85,433
63,233
55,126
total shareholders funds
288,329
331,239
360,837
167,030
85,433
63,233
55,126
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Operating Activities
Operating Profit
-47,846
-36,767
238,771
103,627
28,735
10,009
68,057
Depreciation
5,885
7,294
5,343
1,812
Amortisation
8,475
8,451
8,451
8,451
Tax
-45,461
-19,140
-5,184
-1,902
-12,931
Stock
Debtors
111,790
46,301
142,719
68,109
-84,127
-118,856
257,216
Creditors
17,154
-18,420
-5,124
19,130
-36,427
-121,616
165,912
Accruals and Deferred Income
138,717
-31,712
61,069
36,519
28,218
-5,553
37,000
Deferred Taxes & Provisions
-898
2,166
3,971
2,536
Cash flow from operations
9,697
-115,289
124,301
84,826
99,469
-206
822
Investing Activities
capital expenditure
-6,630
1,403
-50,829
-57,439
155
206
-822
Change in Investments
cash flow from investments
-6,630
1,403
-50,829
-57,439
155
206
-822
Financing Activities
Bank loans
-10,003
10,003
Group/Directors Accounts
Other Short Term Loans
Long term loans
-39,997
-10,003
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
4,936
7,169
496
-2,889
-1,451
cash flow from financing
4,936
7,169
-49,504
-2,889
48,649
cash and cash equivalents
cash
8,003
-106,717
23,969
24,497
148,273
overdraft
change in cash
8,003
-106,717
23,969
24,497
148,273
cove attractions 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 cove attractions ltd. Get real-time insights into cove attractions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for cove attractions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BA5 area or any other competitors across 12 key performance metrics.
cove attractions ltd Ownership
COVE ATTRACTIONS LTD group structure
Cove Attractions Ltd has no subsidiary companies.
Ultimate parent company
COVE ATTRACTIONS LTD
10693895
COVE ATTRACTIONS LTD Shareholders
The largest shareholders in Cove Attractions Ltd include Emma Campbell and Joel Campbell.
emma campbell
50%
joel campbell
50%
cove attractions ltd directors
Cove Attractions Ltd currently has 2 directors.
The longest serving directors include
Mr Joel Campbell (Mar 2017) and
Mrs Emma Campbell (Sep 2024).
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 cove attractions ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
cove attractions 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.
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cove attractions ltdCompanies House Filings - See Documents
