salcombe paddleboarding limited
salcombe paddleboarding limited Company Information
Company Number
10837037
Registered Address
2 cross lane, east portlemouth, salcombe, devon, TQ8 8PB
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Marcus Nolan7 Years
Shareholders
marcus nolan 51%
kate nolan 49%
salcombe paddleboarding limited Estimated Valuation
Pomanda estimates the enterprise value of SALCOMBE PADDLEBOARDING LIMITED at £74.3k based on a Turnover of £133.1k and 0.56x industry multiple (adjusted for size and gross margin).
salcombe paddleboarding limited Estimated Valuation
Pomanda estimates the enterprise value of SALCOMBE PADDLEBOARDING LIMITED at £0 based on an EBITDA of £-13.3k and a 2.06x industry multiple (adjusted for size and gross margin).
salcombe paddleboarding limited Estimated Valuation
Pomanda estimates the enterprise value of SALCOMBE PADDLEBOARDING LIMITED at £98.3k based on Net Assets of £57.8k and 1.7x industry multiple (adjusted for liquidity).
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Salcombe Paddleboarding Limited Overview
Salcombe Paddleboarding Limited is a live company located in salcombe, TQ8 8PB with a Companies House number of 10837037. It operates in the other sports activities sector, SIC Code 93199. Founded in June 2017, it's largest shareholder is marcus nolan with a 51% stake. Salcombe Paddleboarding Limited is a young, micro sized company, Pomanda has estimated its turnover at £133.1k with rapid growth in recent years.
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Salcombe Paddleboarding Limited Health Check
Pomanda's financial health check has awarded Salcombe Paddleboarding Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £133.1k, make it smaller than the average company (£566.3k)
- Salcombe Paddleboarding Limited
£566.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 88%, show it is growing at a faster rate (5.7%)
- Salcombe Paddleboarding Limited
5.7% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (44.7%)
- Salcombe Paddleboarding Limited
44.7% - Industry AVG
Profitability
an operating margin of -10% make it less profitable than the average company (2%)
- Salcombe Paddleboarding Limited
2% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - Salcombe Paddleboarding Limited
15 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has an equivalent pay structure (£25.8k)
- Salcombe Paddleboarding Limited
£25.8k - Industry AVG
Efficiency
resulting in sales per employee of £22.2k, this is less efficient (£61.5k)
- Salcombe Paddleboarding Limited
£61.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (16 days)
- Salcombe Paddleboarding Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (33 days)
- Salcombe Paddleboarding Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Salcombe Paddleboarding Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Salcombe Paddleboarding Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (40.9%)
6.9% - Salcombe Paddleboarding Limited
40.9% - Industry AVG
SALCOMBE PADDLEBOARDING LIMITED financials
Salcombe Paddleboarding Limited's latest turnover from June 2023 is estimated at £133.1 thousand and the company has net assets of £57.8 thousand. According to their latest financial statements, Salcombe Paddleboarding Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| 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 | 6 | 5 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 43,020 | 47,782 | 35,707 | 16,948 | 14,974 | 6,148 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 43,020 | 47,782 | 35,707 | 16,948 | 14,974 | 6,148 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,063 | 33,348 | 41,150 | 1,922 | 3,983 | 9,342 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,063 | 33,348 | 41,150 | 1,922 | 3,983 | 9,342 |
| total assets | 62,083 | 81,130 | 76,857 | 18,870 | 18,957 | 15,490 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,283 | 10,078 | 11,209 | 3,209 | 2,753 | 8,128 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,283 | 10,078 | 11,209 | 3,209 | 2,753 | 8,128 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 933 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 933 | 0 |
| total liabilities | 4,283 | 10,078 | 11,209 | 3,209 | 3,686 | 8,128 |
| net assets | 57,800 | 71,052 | 65,648 | 15,661 | 15,271 | 7,362 |
| total shareholders funds | 57,800 | 71,052 | 65,648 | 15,661 | 15,271 | 7,362 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,285 | -7,802 | 39,228 | -2,061 | -5,359 | 9,342 |
| Creditors | -5,795 | -1,131 | 8,000 | 456 | -5,375 | 8,128 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -933 | 933 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
salcombe paddleboarding limited Credit Report and Business Information
Salcombe Paddleboarding Limited Competitor Analysis
Perform a competitor analysis for salcombe paddleboarding limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in TQ8 area or any other competitors across 12 key performance metrics.
salcombe paddleboarding limited Ownership
SALCOMBE PADDLEBOARDING LIMITED group structure
Salcombe Paddleboarding Limited has no subsidiary companies.
Ultimate parent company
SALCOMBE PADDLEBOARDING LIMITED
10837037
salcombe paddleboarding limited directors
Salcombe Paddleboarding Limited currently has 1 director, Mr Marcus Nolan serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marcus Nolan | United Kingdom | 61 years | Jun 2017 | - | Director |
P&L
June 2023turnover
133.1k
-23%
operating profit
-13.3k
0%
gross margin
21.9%
-3.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
57.8k
-0.19%
total assets
62.1k
-0.23%
cash
0
0%
net assets
Total assets minus all liabilities
salcombe paddleboarding limited company details
company number
10837037
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
salcome paddleboarding limited (July 2017)
accountant
-
auditor
-
address
2 cross lane, east portlemouth, salcombe, devon, TQ8 8PB
Bank
-
Legal Advisor
-
salcombe paddleboarding 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 salcombe paddleboarding limited.
salcombe paddleboarding limited Companies House Filings - See Documents
| date | description | view/download |
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