milford on sea park limited
milford on sea park limited Company Information
Company Number
11045777
Next Accounts
635 days late
Shareholders
royale parks limited
Group Structure
View All
Industry
Camping grounds, recreational vehicle parks and trailer parks
Registered Address
c/o james cowper kreston, white, 1-4 cumberland place, southampton, hampshire, SO15 2NP
Website
www.shorefield.co.ukmilford on sea park limited Estimated Valuation
Pomanda estimates the enterprise value of MILFORD ON SEA PARK LIMITED at £61.4m based on a Turnover of £23m and 2.67x industry multiple (adjusted for size and gross margin).
milford on sea park limited Estimated Valuation
Pomanda estimates the enterprise value of MILFORD ON SEA PARK LIMITED at £0 based on an EBITDA of £-23.2k and a 9.79x industry multiple (adjusted for size and gross margin).
milford on sea park limited Estimated Valuation
Pomanda estimates the enterprise value of MILFORD ON SEA PARK LIMITED at £78.1m based on Net Assets of £23m and 3.39x industry multiple (adjusted for liquidity).
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Milford On Sea Park Limited Overview
Milford On Sea Park Limited is a live company located in southampton, SO15 2NP with a Companies House number of 11045777. It operates in the recreational vehicle parks, trailer parks and camping grounds sector, SIC Code 55300. Founded in November 2017, it's largest shareholder is royale parks limited with a 100% stake. Milford On Sea Park Limited is a young, large sized company, Pomanda has estimated its turnover at £23m with rapid growth in recent years.
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Milford On Sea Park Limited Health Check
Pomanda's financial health check has awarded Milford On Sea Park Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £23m, make it larger than the average company (£3.2m)
- Milford On Sea Park Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 219%, show it is growing at a faster rate (-3.3%)
- Milford On Sea Park Limited
-3.3% - Industry AVG
Production
with a gross margin of 67.8%, this company has a comparable cost of product (67.8%)
- Milford On Sea Park Limited
67.8% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (11.5%)
- Milford On Sea Park Limited
11.5% - Industry AVG
Employees
with 287 employees, this is above the industry average (40)
- Milford On Sea Park Limited
40 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Milford On Sea Park Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £80.1k, this is equally as efficient (£80.2k)
- Milford On Sea Park Limited
£80.2k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (15 days)
- Milford On Sea Park Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 194 days, this is slower than average (62 days)
- Milford On Sea Park Limited
62 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (79 days)
- Milford On Sea Park Limited
79 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Milford On Sea Park Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (56.6%)
49.2% - Milford On Sea Park Limited
56.6% - Industry AVG
MILFORD ON SEA PARK LIMITED financials
Milford On Sea Park Limited's latest turnover from September 2021 is estimated at £23 million and the company has net assets of £23 million. According to their latest financial statements, we estimate that Milford On Sea Park Limited has 287 employees and maintains cash reserves of £202.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|
| Tangible Assets | 42,853,632 | 40,102,500 | 17,775,000 | 16,019,500 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 42,853,632 | 40,102,500 | 17,775,000 | 16,019,500 |
| Stock & work in progress | 649,337 | 1,009,537 | 1,233,396 | 1,918,454 |
| Trade Debtors | 1,429,387 | 3,099,090 | 1,304,229 | 12,097 |
| Group Debtors | 140,910 | 1,184,655 | 1,150,251 | 118,619 |
| Misc Debtors | 72,591 | 69,885 | 133,582 | 90,346 |
| Cash | 202,854 | 5,635 | 3,840 | 27,735 |
| misc current assets | ||||
| total current assets | 2,495,079 | 5,368,802 | 3,825,298 | 2,167,251 |
| total assets | 45,348,711 | 45,471,302 | 21,600,298 | 18,186,751 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 3,947,916 | 2,565,359 | 216,286 | 136,848 |
| Group/Directors Accounts | 5,433,626 | 8,693,495 | 9,252,765 | 2,221,173 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 387,624 | 220,400 | 875,550 | 567,582 |
| total current liabilities | 9,769,166 | 11,479,254 | 10,344,601 | 2,925,603 |
| loans | 6,048,318 | 6,048,318 | 6,048,318 | 15,342,866 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 6,500,246 | 4,565,353 | 383,970 | |
| total long term liabilities | 12,548,564 | 10,613,671 | 6,432,288 | 15,342,866 |
| total liabilities | 22,317,730 | 22,092,925 | 16,776,889 | 18,268,469 |
| net assets | 23,030,981 | 23,378,377 | 4,823,409 | -81,718 |
| total shareholders funds | 23,030,981 | 23,378,377 | 4,823,409 | -81,718 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 2,528 | 7,000 | 4,500 | 3,000 |
| Amortisation | ||||
| Tax | ||||
| Stock | -360,200 | -223,859 | -685,058 | 1,918,454 |
| Debtors | -2,710,742 | 1,765,568 | 2,367,000 | 221,062 |
| Creditors | 1,382,557 | 2,349,073 | 79,438 | 136,848 |
| Accruals and Deferred Income | 167,224 | -655,150 | 307,968 | 567,582 |
| Deferred Taxes & Provisions | 1,934,893 | 4,181,383 | 383,970 | |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -3,259,869 | -559,270 | 7,031,592 | 2,221,173 |
| Other Short Term Loans | ||||
| Long term loans | -9,294,548 | 15,342,866 | ||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 197,219 | 1,795 | -23,895 | 27,735 |
| overdraft | ||||
| change in cash | 197,219 | 1,795 | -23,895 | 27,735 |
milford on sea park limited Credit Report and Business Information
Milford On Sea Park Limited Competitor Analysis
Perform a competitor analysis for milford on sea park limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in SO15 area or any other competitors across 12 key performance metrics.
milford on sea park limited Ownership
MILFORD ON SEA PARK LIMITED group structure
Milford On Sea Park Limited has 1 subsidiary company.
Ultimate parent company
1 parent
MILFORD ON SEA PARK LIMITED
11045777
1 subsidiary
milford on sea park limited directors
Milford On Sea Park Limited currently has 4 directors. The longest serving directors include Mr Stephen Meredith (Sep 2018) and Mr Stephen Meredith (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Meredith | United Kingdom | 63 years | Sep 2018 | - | Director |
| Mr Stephen Meredith | United Kingdom | 64 years | Sep 2018 | - | Director |
| Mr Jason Williams | 39 years | Sep 2018 | - | Director | |
| Mr Robert Bull | England | 76 years | Sep 2018 | - | Director |
P&L
September 2021turnover
23m
-61%
operating profit
-25.8k
0%
gross margin
67.9%
-0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
23m
-0.01%
total assets
45.3m
0%
cash
202.9k
+35%
net assets
Total assets minus all liabilities
milford on sea park limited company details
company number
11045777
Type
Private limited with Share Capital
industry
55300 - Camping grounds, recreational vehicle parks and trailer parks
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2021
previous names
N/A
accountant
ENSORS ACCOUNTANTS LLP
auditor
-
address
c/o james cowper kreston, white, 1-4 cumberland place, southampton, hampshire, SO15 2NP
Bank
-
Legal Advisor
-
milford on sea park 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 milford on sea park limited.
milford on sea park limited 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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milford on sea park limited Companies House Filings - See Documents
| date | description | view/download |
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