ocean premier limited
ocean premier limited Company Information
Company Number
11429383
Website
-Registered Address
craven house 32 lee lane, bolton, lancashire, BL6 7BY
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Aqudus Ali6 Years
Shareholders
aqodus ali 100%
ocean premier limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN PREMIER LIMITED at £301.8k based on a Turnover of £488.2k and 0.62x industry multiple (adjusted for size and gross margin).
ocean premier limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN PREMIER LIMITED at £53.3k based on an EBITDA of £11.4k and a 4.7x industry multiple (adjusted for size and gross margin).
ocean premier limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN PREMIER LIMITED at £126.8k based on Net Assets of £41.7k and 3.04x industry multiple (adjusted for liquidity).
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Ocean Premier Limited Overview
Ocean Premier Limited is a live company located in lancashire, BL6 7BY with a Companies House number of 11429383. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2018, it's largest shareholder is aqodus ali with a 100% stake. Ocean Premier Limited is a young, micro sized company, Pomanda has estimated its turnover at £488.2k with high growth in recent years.
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Ocean Premier Limited Health Check
Pomanda's financial health check has awarded Ocean Premier Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £488.2k, make it smaller than the average company (£2.5m)
- Ocean Premier Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.2%)
- Ocean Premier Limited
5.2% - Industry AVG
Production
with a gross margin of 52.9%, this company has a comparable cost of product (52.9%)
- Ocean Premier Limited
52.9% - Industry AVG
Profitability
an operating margin of 2.2% make it as profitable than the average company (2.3%)
- Ocean Premier Limited
2.3% - Industry AVG
Employees
with 13 employees, this is below the industry average (46)
13 - Ocean Premier Limited
46 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Ocean Premier Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £37.6k, this is less efficient (£51.8k)
- Ocean Premier Limited
£51.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ocean Premier Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (48 days)
- Ocean Premier Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (12 days)
- Ocean Premier Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (12 weeks)
18 weeks - Ocean Premier Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.8%, this is a lower level of debt than the average (86.9%)
70.8% - Ocean Premier Limited
86.9% - Industry AVG
OCEAN PREMIER LIMITED financials
Ocean Premier Limited's latest turnover from June 2023 is estimated at £488.2 thousand and the company has net assets of £41.7 thousand. According to their latest financial statements, Ocean Premier Limited has 13 employees and maintains cash reserves of £30.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| 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 | 13 | 10 | 9 | 9 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,996 | 3,746 | 2,183 | 2,729 | 996 |
| Intangible Assets | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 52,996 | 53,746 | 52,183 | 52,729 | 50,996 |
| Stock & work in progress | 4,000 | 4,000 | 3,500 | 3,500 | 5,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 55,087 | 43,754 | 11,837 | 3,491 | 117 |
| Cash | 30,894 | 41,449 | 35,148 | 28,252 | 17,862 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 89,981 | 89,203 | 50,485 | 35,243 | 22,979 |
| total assets | 142,977 | 142,949 | 102,668 | 87,972 | 73,975 |
| Bank overdraft | 0 | 0 | 6,000 | 0 | 0 |
| Bank loan | 6,000 | 6,000 | 0 | 0 | 0 |
| Trade Creditors | 553 | 5,242 | 3,357 | 17,248 | 22,208 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 82,663 | 79,421 | 60,311 | 40,161 | 52,368 |
| total current liabilities | 89,216 | 90,663 | 69,668 | 57,409 | 74,576 |
| loans | 11,500 | 17,500 | 23,436 | 30,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 570 | 712 | 578 | 519 | 0 |
| total long term liabilities | 12,070 | 18,212 | 24,014 | 30,519 | 0 |
| total liabilities | 101,286 | 108,875 | 93,682 | 87,928 | 74,576 |
| net assets | 41,691 | 34,074 | 8,986 | 44 | -601 |
| total shareholders funds | 41,691 | 34,074 | 8,986 | 44 | -601 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 750 | 804 | 546 | 386 | 249 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 500 | 0 | -1,500 | 5,000 |
| Debtors | 11,333 | 31,917 | 8,346 | 3,374 | 117 |
| Creditors | -4,689 | 1,885 | -13,891 | -4,960 | 22,208 |
| Accruals and Deferred Income | 3,242 | 19,110 | 20,150 | -12,207 | 52,368 |
| Deferred Taxes & Provisions | -142 | 134 | 59 | 519 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 6,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,000 | -5,936 | -6,564 | 30,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -10,555 | 6,301 | 6,896 | 10,390 | 17,862 |
| overdraft | 0 | -6,000 | 6,000 | 0 | 0 |
| change in cash | -10,555 | 12,301 | 896 | 10,390 | 17,862 |
ocean premier limited Credit Report and Business Information
Ocean Premier Limited Competitor Analysis
Perform a competitor analysis for ocean premier limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BL6 area or any other competitors across 12 key performance metrics.
ocean premier limited Ownership
OCEAN PREMIER LIMITED group structure
Ocean Premier Limited has no subsidiary companies.
Ultimate parent company
OCEAN PREMIER LIMITED
11429383
ocean premier limited directors
Ocean Premier Limited currently has 1 director, Mr Aqudus Ali serving since Jun 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aqudus Ali | United Kingdom | 54 years | Jun 2018 | - | Director |
P&L
June 2023turnover
488.2k
+54%
operating profit
10.6k
0%
gross margin
53%
-5.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
41.7k
+0.22%
total assets
143k
0%
cash
30.9k
-0.25%
net assets
Total assets minus all liabilities
ocean premier limited company details
company number
11429383
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
LEACH BRIELY
auditor
-
address
craven house 32 lee lane, bolton, lancashire, BL6 7BY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ocean premier 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 ocean premier limited.
ocean premier limited Companies House Filings - See Documents
| date | description | view/download |
|---|
