coastline tiles ltd

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coastline tiles ltd Company Information

Share COASTLINE TILES LTD

Company Number

10994953

Shareholders

christopher joseph heller

shenel durmush

Group Structure

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Industry

Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

 +1

Registered Address

26 the queensway, bognor regis, west sussex, PO211QT

coastline tiles ltd Estimated Valuation

£29.9k

Pomanda estimates the enterprise value of COASTLINE TILES LTD at £29.9k based on a Turnover of £98.6k and 0.3x industry multiple (adjusted for size and gross margin).

coastline tiles ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of COASTLINE TILES LTD at £0 based on an EBITDA of £-4.5k and a 2.94x industry multiple (adjusted for size and gross margin).

coastline tiles ltd Estimated Valuation

£2.3k

Pomanda estimates the enterprise value of COASTLINE TILES LTD at £2.3k based on Net Assets of £993 and 2.31x industry multiple (adjusted for liquidity).

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Coastline Tiles Ltd Overview

Coastline Tiles Ltd is a live company located in west sussex, PO211QT with a Companies House number of 10994953. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in October 2017, it's largest shareholder is christopher joseph heller with a 75% stake. Coastline Tiles Ltd is a young, micro sized company, Pomanda has estimated its turnover at £98.6k with declining growth in recent years.

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Coastline Tiles Ltd Health Check

Pomanda's financial health check has awarded Coastline Tiles Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £98.6k, make it smaller than the average company (£13.8m)

£98.6k - Coastline Tiles Ltd

£13.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (10.3%)

-6% - Coastline Tiles Ltd

10.3% - Industry AVG

production

Production

with a gross margin of 20.8%, this company has a higher cost of product (33.6%)

20.8% - Coastline Tiles Ltd

33.6% - Industry AVG

profitability

Profitability

an operating margin of -4.5% make it less profitable than the average company (4.5%)

-4.5% - Coastline Tiles Ltd

4.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (42)

1 - Coastline Tiles Ltd

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)

£35.5k - Coastline Tiles Ltd

£35.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £98.6k, this is less efficient (£275.7k)

£98.6k - Coastline Tiles Ltd

£275.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is later than average (31 days)

44 days - Coastline Tiles Ltd

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (38 days)

66 days - Coastline Tiles Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Coastline Tiles Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Coastline Tiles Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (50.4%)

93.5% - Coastline Tiles Ltd

50.4% - Industry AVG

COASTLINE TILES LTD financials

EXPORTms excel logo

Coastline Tiles Ltd's latest turnover from March 2024 is estimated at £98.6 thousand and the company has net assets of £993. According to their latest financial statements, Coastline Tiles Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Oct 2020Oct 2019Oct 2018
Turnover98,589119,481147,511118,475177,100109,49179,201
Other Income Or Grants
Cost Of Sales78,11394,412115,03094,195139,38085,60061,597
Gross Profit20,47625,06932,48124,27937,72023,89117,603
Admin Expenses24,93026,61630,08526,76629,10923,37517,422
Operating Profit-4,454-1,5472,396-2,4878,611516181
Interest Payable
Interest Receivable
Pre-Tax Profit-4,454-1,5472,396-2,4878,611516181
Tax-455-1,636-98-34
Profit After Tax-4,454-1,5471,941-2,4876,975418147
Dividends Paid
Retained Profit-4,454-1,5471,941-2,4876,975418147
Employee Costs35,46867,96766,21730,51529,96629,34128,535
Number Of Employees1221111
EBITDA*-4,454-1,5472,396-2,4878,611516181

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Oct 2020Oct 2019Oct 2018
Tangible Assets3,0608981,7002,550
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,0608981,7002,550
Stock & work in progress
Trade Debtors12,1036,18718,77025,61039,98919,53311,193
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets12,1036,18718,77025,61039,98919,53311,193
total assets15,1636,18718,77025,61040,88721,23313,743
Bank overdraft
Bank loan
Trade Creditors 14,17074011,77620,55733,34720,66813,596
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities14,17074011,77620,55733,34720,66813,596
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities14,17074011,77620,55733,34720,66813,596
net assets9935,4476,9945,0537,540565147
total shareholders funds9935,4476,9945,0537,540565147
Mar 2024Mar 2023Mar 2022Mar 2021Oct 2020Oct 2019Oct 2018
Operating Activities
Operating Profit-4,454-1,5472,396-2,4878,611516181
Depreciation
Amortisation
Tax-455-1,636-98-34
Stock
Debtors5,916-12,583-6,840-14,37920,4568,34011,193
Creditors13,430-11,036-8,781-12,79012,6797,07213,596
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations3,060-898-802-8502,550
Investing Activities
capital expenditure-3,060898802850-2,550
Change in Investments
cash flow from investments-3,060898802850-2,550
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

coastline tiles ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Coastline Tiles Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for coastline tiles ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PO21 area or any other competitors across 12 key performance metrics.

coastline tiles ltd Ownership

COASTLINE TILES LTD group structure

Coastline Tiles Ltd has no subsidiary companies.

Ultimate parent company

COASTLINE TILES LTD

10994953

COASTLINE TILES LTD Shareholders

christopher joseph heller 75%
shenel durmush 25%

coastline tiles ltd directors

Coastline Tiles Ltd currently has 2 directors. The longest serving directors include Mr Christopher Heller (Oct 2017) and Miss Shenel Durmush (Oct 2017).

officercountryagestartendrole
Mr Christopher HellerEngland43 years Oct 2017- Director
Miss Shenel DurmushUnited Kingdom42 years Oct 2017- Director

P&L

March 2024

turnover

98.6k

-17%

operating profit

-4.5k

0%

gross margin

20.8%

-1.01%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

993

-0.82%

total assets

15.2k

+1.45%

cash

0

0%

net assets

Total assets minus all liabilities

coastline tiles ltd company details

company number

10994953

Type

Private limited with Share Capital

industry

47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

46730 - Wholesale of wood, construction materials and sanitary equipment

incorporation date

October 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

26 the queensway, bognor regis, west sussex, PO211QT

Bank

-

Legal Advisor

-

coastline tiles 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 coastline tiles ltd.

coastline tiles 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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coastline tiles ltd Companies House Filings - See Documents

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