ocean cuts for kids ltd
ocean cuts for kids ltd Company Information
Company Number
11119961
Next Accounts
734 days late
Shareholders
sand holding ltd
Group Structure
View All
Industry
Hairdressing and other beauty treatment
Registered Address
churchill house 120 bunns lane, london, london, NW7 2AS
Website
-ocean cuts for kids ltd Estimated Valuation
Pomanda estimates the enterprise value of OCEAN CUTS FOR KIDS LTD at £34.9k based on a Turnover of £61.5k and 0.57x industry multiple (adjusted for size and gross margin).
ocean cuts for kids ltd Estimated Valuation
Pomanda estimates the enterprise value of OCEAN CUTS FOR KIDS LTD at £0 based on an EBITDA of £-118.4k and a 3.74x industry multiple (adjusted for size and gross margin).
ocean cuts for kids ltd Estimated Valuation
Pomanda estimates the enterprise value of OCEAN CUTS FOR KIDS LTD at £0 based on Net Assets of £-118.4k and 4.37x industry multiple (adjusted for liquidity).
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Ocean Cuts For Kids Ltd Overview
Ocean Cuts For Kids Ltd is a live company located in london, NW7 2AS with a Companies House number of 11119961. It operates in the hairdressing and other beauty treatment sector, SIC Code 96020. Founded in December 2017, it's largest shareholder is sand holding ltd with a 100% stake. Ocean Cuts For Kids Ltd is a young, micro sized company, Pomanda has estimated its turnover at £61.5k with declining growth in recent years.
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Ocean Cuts For Kids Ltd Health Check
Pomanda's financial health check has awarded Ocean Cuts For Kids Ltd a 1.5 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 £61.5k, make it smaller than the average company (£104.6k)
- Ocean Cuts For Kids Ltd
£104.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a faster rate (-8%)
- Ocean Cuts For Kids Ltd
-8% - Industry AVG
Production
with a gross margin of 47.5%, this company has a higher cost of product (72.5%)
- Ocean Cuts For Kids Ltd
72.5% - Industry AVG
Profitability
an operating margin of -192.5% make it less profitable than the average company (6.5%)
- Ocean Cuts For Kids Ltd
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Ocean Cuts For Kids Ltd
5 - Industry AVG
Pay Structure
on an average salary of £13.7k, the company has an equivalent pay structure (£13.7k)
- Ocean Cuts For Kids Ltd
£13.7k - Industry AVG
Efficiency
resulting in sales per employee of £20.5k, this is less efficient (£27.5k)
- Ocean Cuts For Kids Ltd
£27.5k - Industry AVG
Debtor Days
it gets paid by customers after 148 days, this is later than average (60 days)
- Ocean Cuts For Kids Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 1250 days, this is slower than average (67 days)
- Ocean Cuts For Kids Ltd
67 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ocean Cuts For Kids Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ocean Cuts For Kids Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 372.8%, this is a higher level of debt than the average (93.6%)
372.8% - Ocean Cuts For Kids Ltd
93.6% - Industry AVG
OCEAN CUTS FOR KIDS LTD financials
Ocean Cuts For Kids Ltd's latest turnover from June 2021 is estimated at £61.5 thousand and the company has net assets of -£118.4 thousand. According to their latest financial statements, Ocean Cuts For Kids Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Dec 2019 | Dec 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 | 3 | 3 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Dec 2019 | Dec 2018 | |
|---|---|---|---|
| Tangible Assets | 18,380 | 39,629 | 27,906 |
| Intangible Assets | 29,855 | ||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 18,380 | 39,629 | 57,761 |
| Stock & work in progress | |||
| Trade Debtors | 25,024 | 3,223 | 1,423 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 1,686 | ||
| misc current assets | |||
| total current assets | 25,024 | 3,223 | 3,109 |
| total assets | 43,404 | 42,852 | 60,870 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 110,729 | 105,022 | 1,154 |
| Group/Directors Accounts | 3,627 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 99,843 | ||
| total current liabilities | 110,729 | 105,022 | 104,624 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 51,086 | ||
| provisions | |||
| total long term liabilities | 51,086 | ||
| total liabilities | 161,815 | 105,022 | 104,624 |
| net assets | -118,411 | -62,170 | -43,754 |
| total shareholders funds | -118,411 | -62,170 | -43,754 |
| Jun 2021 | Dec 2019 | Dec 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 8,800 | ||
| Amortisation | 5,268 | ||
| Tax | |||
| Stock | |||
| Debtors | 25,024 | 1,800 | 1,423 |
| Creditors | 110,729 | 103,868 | 1,154 |
| Accruals and Deferred Income | -99,843 | 99,843 | |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -3,627 | 3,627 | |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 51,086 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -1,686 | 1,686 | |
| overdraft | |||
| change in cash | -1,686 | 1,686 |
ocean cuts for kids ltd Credit Report and Business Information
Ocean Cuts For Kids Ltd Competitor Analysis
Perform a competitor analysis for ocean cuts for kids ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NW7 area or any other competitors across 12 key performance metrics.
ocean cuts for kids ltd Ownership
OCEAN CUTS FOR KIDS LTD group structure
Ocean Cuts For Kids Ltd has no subsidiary companies.
ocean cuts for kids ltd directors
Ocean Cuts For Kids Ltd currently has 2 directors. The longest serving directors include Mrs Nahel Santangelo (Dec 2017) and Mr Davide Santangelo (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Nahel Santangelo | England | 36 years | Dec 2017 | - | Director |
| Mr Davide Santangelo | England | 41 years | Dec 2017 | - | Director |
P&L
June 2021turnover
61.5k
0%
operating profit
-118.4k
0%
gross margin
47.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
-118.4k
0%
total assets
43.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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ocean cuts for kids ltd company details
company number
11119961
Type
Private limited with Share Capital
industry
96020 - Hairdressing and other beauty treatment
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2021
previous names
N/A
accountant
-
auditor
-
address
churchill house 120 bunns lane, london, london, NW7 2AS
Bank
-
Legal Advisor
-
ocean cuts for kids 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 ocean cuts for kids ltd.
ocean cuts for kids 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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ocean cuts for kids ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
