sealanes brighton ltd

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sealanes brighton ltd Company Information

Share SEALANES BRIGHTON LTD

Company Number

11061613

Shareholders

gemini brighton limited

bedrock collective limited

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Group Structure

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Industry

Construction of domestic buildings

 +2

Registered Address

80 manor road, lancing, BN15 0HD

sealanes brighton ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of SEALANES BRIGHTON LTD at £2.2m based on a Turnover of £962.6k and 2.29x industry multiple (adjusted for size and gross margin).

sealanes brighton ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of SEALANES BRIGHTON LTD at £1.8m based on an EBITDA of £336.3k and a 5.49x industry multiple (adjusted for size and gross margin).

sealanes brighton ltd Estimated Valuation

£73.4k

Pomanda estimates the enterprise value of SEALANES BRIGHTON LTD at £73.4k based on Net Assets of £47.3k and 1.55x industry multiple (adjusted for liquidity).

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Sealanes Brighton Ltd Overview

Sealanes Brighton Ltd is a live company located in lancing, BN15 0HD with a Companies House number of 11061613. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in November 2017, it's largest shareholder is gemini brighton limited with a 35.4% stake. Sealanes Brighton Ltd is a young, small sized company, Pomanda has estimated its turnover at £962.6k with rapid growth in recent years.

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Sealanes Brighton Ltd Health Check

Pomanda's financial health check has awarded Sealanes Brighton Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £962.6k, make it larger than the average company (£730.2k)

£962.6k - Sealanes Brighton Ltd

£730.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (4.9%)

42% - Sealanes Brighton Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 54.1%, this company has a comparable cost of product (54.1%)

54.1% - Sealanes Brighton Ltd

54.1% - Industry AVG

profitability

Profitability

an operating margin of 23.3% make it as profitable than the average company (20.2%)

23.3% - Sealanes Brighton Ltd

20.2% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (3)

6 - Sealanes Brighton Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - Sealanes Brighton Ltd

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £160.4k, this is less efficient (£192.5k)

£160.4k - Sealanes Brighton Ltd

£192.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is earlier than average (28 days)

20 days - Sealanes Brighton Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 232 days, this is slower than average (31 days)

232 days - Sealanes Brighton Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sealanes Brighton Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (12 weeks)

7 weeks - Sealanes Brighton Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99%, this is a higher level of debt than the average (68.7%)

99% - Sealanes Brighton Ltd

68.7% - Industry AVG

SEALANES BRIGHTON LTD financials

EXPORTms excel logo

Sealanes Brighton Ltd's latest turnover from September 2023 is estimated at £962.6 thousand and the company has net assets of £47.3 thousand. According to their latest financial statements, we estimate that Sealanes Brighton Ltd has 6 employees and maintains cash reserves of £69.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018
Turnover962,643548,472193,338334,29921,10440,905
Other Income Or Grants
Cost Of Sales441,511257,11292,066157,7979,91918,719
Gross Profit521,132291,360101,272176,50211,18522,186
Admin Expenses296,508316,4289,339185,53540,28850,363
Operating Profit224,624-25,06891,933-9,033-29,103-28,177
Interest Payable150,57410,701
Interest Receivable15,8267,1946524912
Pre-Tax Profit89,876-28,57591,998-9,009-29,012-28,175
Tax-22,469-17,480
Profit After Tax67,407-28,57574,518-9,009-29,012-28,175
Dividends Paid
Retained Profit67,407-28,57574,518-9,009-29,012-28,175
Employee Costs220,512110,28569,33768,96136,67136,343
Number Of Employees632211
EBITDA*336,329-16,570130,292-1,193-21,896-28,177

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018
Tangible Assets4,815,2551,583,032308,359270,852192,995
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,815,2551,583,032308,359270,852192,995
Stock & work in progress139,859
Trade Debtors54,7807,78832,47538,6682,4651,297
Group Debtors
Misc Debtors69,8383,0596,94133,040
Cash69,369533,541105,92423,57623,706665
misc current assets
total current assets124,149611,167138,39965,30333,112174,861
total assets4,939,4042,194,199446,758336,155226,107174,861
Bank overdraft
Bank loan
Trade Creditors 281,041222,84511,42944,8202,54613,691
Group/Directors Accounts70,344
other short term finances
hp & lease commitments
other current liabilities206,05114,10621,766357,431280,648118,901
total current liabilities487,092236,95133,195402,251283,194202,936
loans2,417,456259,420
hp & lease commitments
Accruals and Deferred Income
other liabilities1,987,6021,717,981402,141
provisions3,000
total long term liabilities4,405,0581,977,401405,141
total liabilities4,892,1502,214,352438,336402,251283,194202,936
net assets47,254-20,1538,422-66,096-57,087-28,075
total shareholders funds47,254-20,1538,422-66,096-57,087-28,075
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018
Operating Activities
Operating Profit224,624-25,06891,933-9,033-29,103-28,177
Depreciation111,7058,49838,3597,8407,207
Amortisation
Tax-22,469-17,480
Stock-139,859139,859
Debtors-22,84645,151-9,25232,321-24,93134,337
Creditors58,196211,416-33,39142,274-11,14513,691
Accruals and Deferred Income191,945-7,660-335,66576,783161,747118,901
Deferred Taxes & Provisions-3,0003,000
Cash flow from operations586,847139,035-243,99285,543293,496-69,781
Investing Activities
capital expenditure-3,343,928-1,283,171-75,866-85,697-200,202
Change in Investments
cash flow from investments-3,343,928-1,283,171-75,866-85,697-200,202
Financing Activities
Bank loans
Group/Directors Accounts-70,34470,344
Other Short Term Loans
Long term loans2,158,036259,420
Hire Purchase and Lease Commitments
other long term liabilities269,6211,315,840402,141
share issue100
interest-134,748-3,5076524912
cash flow from financing2,292,9091,571,753402,20624-70,25370,446
cash and cash equivalents
cash-464,172427,61782,348-13023,041665
overdraft
change in cash-464,172427,61782,348-13023,041665

sealanes brighton 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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Sealanes Brighton Ltd Competitor Analysis

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Perform a competitor analysis for sealanes brighton ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BN15 area or any other competitors across 12 key performance metrics.

sealanes brighton ltd Ownership

SEALANES BRIGHTON LTD group structure

Sealanes Brighton Ltd has no subsidiary companies.

Ultimate parent company

1 parent

SEALANES BRIGHTON LTD

11061613

SEALANES BRIGHTON LTD Shareholders

gemini brighton limited 35.41%
bedrock collective limited 35.41%
simon murie 11.79%
andrew wallis white 11.79%
simon gross 1.41%
policy impact partners limited 0.82%
sean edlin 0.59%
swintrek limited 0.35%
neil franks 0.29%
lawrence wilson 0.28%

sealanes brighton ltd directors

Sealanes Brighton Ltd currently has 5 directors. The longest serving directors include Mr Joseph McNulty (Nov 2017) and Mr Andrew White (May 2018).

officercountryagestartendrole
Mr Joseph McNultyEngland62 years Nov 2017- Director
Mr Andrew WhiteEngland49 years May 2018- Director
Mr Simon MurieEngland54 years May 2018- Director
Mr Ross GilbertEngland42 years May 2018- Director
Mr Harry SmithEngland39 years Apr 2024- Director

P&L

September 2023

turnover

962.6k

+76%

operating profit

224.6k

0%

gross margin

54.2%

+1.91%

turnover

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

Balance Sheet

September 2023

net assets

47.3k

-3.34%

total assets

4.9m

+1.25%

cash

69.4k

-0.87%

net assets

Total assets minus all liabilities

sealanes brighton ltd company details

company number

11061613

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

41202 - Construction of domestic buildings

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

CARPENTER BOX

auditor

-

address

80 manor road, lancing, BN15 0HD

Bank

-

Legal Advisor

-

sealanes brighton 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 found 2 charges/mortgages relating to sealanes brighton ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

sealanes brighton 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 SEALANES BRIGHTON LTD. This can take several minutes, an email will notify you when this has completed.

sealanes brighton ltd Companies House Filings - See Documents

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