ocean properties (cardiff) limited
ocean properties (cardiff) limited Company Information
Company Number
11627990
Website
-Registered Address
8 mountjoy place, penarth, vale of glamorgan, CF64 2TB
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
colin christopher robinson 45%
adrian sean hancock 45%
View Allocean properties (cardiff) limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN PROPERTIES (CARDIFF) LIMITED at £533.4k based on a Turnover of £226.6k and 2.35x industry multiple (adjusted for size and gross margin).
ocean properties (cardiff) limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN PROPERTIES (CARDIFF) LIMITED at £0 based on an EBITDA of £-126.9k and a 5.79x industry multiple (adjusted for size and gross margin).
ocean properties (cardiff) limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN PROPERTIES (CARDIFF) LIMITED at £0 based on Net Assets of £-624.2k and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ocean Properties (cardiff) Limited Overview
Ocean Properties (cardiff) Limited is a live company located in vale of glamorgan, CF64 2TB with a Companies House number of 11627990. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2018, it's largest shareholder is colin christopher robinson with a 45% stake. Ocean Properties (cardiff) Limited is a young, micro sized company, Pomanda has estimated its turnover at £226.6k with low growth in recent years.
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Ocean Properties (cardiff) Limited Health Check
Pomanda's financial health check has awarded Ocean Properties (Cardiff) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
6 Regular
5 Weak
Size
annual sales of £226.6k, make it smaller than the average company (£865k)
- Ocean Properties (cardiff) Limited
£865k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (2.4%)
- Ocean Properties (cardiff) Limited
2.4% - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Ocean Properties (cardiff) Limited
69.2% - Industry AVG
Profitability
an operating margin of -58.5% make it less profitable than the average company (25.7%)
- Ocean Properties (cardiff) Limited
25.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ocean Properties (cardiff) Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Ocean Properties (cardiff) Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £113.3k, this is less efficient (£187.1k)
- Ocean Properties (cardiff) Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is near the average (25 days)
- Ocean Properties (cardiff) Limited
25 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ocean Properties (cardiff) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 418 days, this is in line with average (371 days)
- Ocean Properties (cardiff) Limited
371 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is average cash available to meet short term requirements (8 weeks)
8 weeks - Ocean Properties (cardiff) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176%, this is a higher level of debt than the average (64.4%)
176% - Ocean Properties (cardiff) Limited
64.4% - Industry AVG
OCEAN PROPERTIES (CARDIFF) LIMITED financials
Ocean Properties (Cardiff) Limited's latest turnover from October 2023 is estimated at £226.6 thousand and the company has net assets of -£624.2 thousand. According to their latest financial statements, Ocean Properties (Cardiff) Limited has 2 employees and maintains cash reserves of £132.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 2 | 2 | 2 | 2 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 264,955 | 270,757 | 276,559 | 277,361 | 341,163 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 314,354 | 313,254 | 230,824 | 0 | 0 |
| Total Fixed Assets | 579,309 | 584,011 | 507,383 | 277,361 | 341,163 |
| Stock & work in progress | 80,000 | 0 | 0 | 0 | 0 |
| Trade Debtors | 16,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 218,748 | 0 |
| Misc Debtors | 13,452 | 1,646 | 44,070 | 1,489 | 80,050 |
| Cash | 132,392 | 22,757 | 101,949 | 6,211 | 18,408 |
| misc current assets | 0 | 1 | 0 | 0 | 0 |
| total current assets | 241,844 | 24,404 | 146,019 | 226,448 | 98,458 |
| total assets | 821,153 | 608,415 | 653,402 | 503,809 | 439,621 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1 | 0 |
| Group/Directors Accounts | 764,157 | 716,657 | 434,028 | 214,027 | 202,159 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,260 | 7,213 | 21,701 | 8,461 | 8,012 |
| total current liabilities | 765,417 | 723,870 | 455,729 | 222,489 | 210,171 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 679,950 | 379,950 | 479,950 | 569,950 | 319,950 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 679,950 | 379,950 | 479,950 | 569,950 | 319,950 |
| total liabilities | 1,445,367 | 1,103,820 | 935,679 | 792,439 | 530,121 |
| net assets | -624,214 | -495,405 | -282,277 | -288,630 | -90,500 |
| total shareholders funds | -624,214 | -495,405 | -282,277 | -288,630 | -90,500 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 5,802 | 5,802 | 0 | 5,802 | 6,960 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 80,000 | 0 | 0 | 0 | 0 |
| Debtors | 28,906 | 40,006 | 54,657 | 140,187 | 80,050 |
| Creditors | 0 | 0 | -1 | 1 | 0 |
| Accruals and Deferred Income | -5,953 | -14,488 | 13,240 | 449 | 8,012 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 47,500 | 282,629 | 220,001 | 11,868 | 202,159 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 300,000 | -100,000 | -90,000 | 250,000 | 319,950 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 109,635 | -79,192 | 95,738 | -12,197 | 18,408 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 109,635 | -79,192 | 95,738 | -12,197 | 18,408 |
ocean properties (cardiff) limited Credit Report and Business Information
Ocean Properties (cardiff) Limited Competitor Analysis
Perform a competitor analysis for ocean properties (cardiff) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CF64 area or any other competitors across 12 key performance metrics.
ocean properties (cardiff) limited Ownership
OCEAN PROPERTIES (CARDIFF) LIMITED group structure
Ocean Properties (Cardiff) Limited has no subsidiary companies.
Ultimate parent company
OCEAN PROPERTIES (CARDIFF) LIMITED
11627990
ocean properties (cardiff) limited directors
Ocean Properties (Cardiff) Limited currently has 2 directors. The longest serving directors include Mr Adrian Hancock (Oct 2018) and Mr Colin Robinson (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Hancock | United Kingdom | 57 years | Oct 2018 | - | Director |
| Mr Colin Robinson | England | 77 years | Oct 2018 | - | Director |
P&L
October 2023turnover
226.6k
-38%
operating profit
-132.7k
0%
gross margin
69.3%
+2.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-624.2k
+0.26%
total assets
821.2k
+0.35%
cash
132.4k
+4.82%
net assets
Total assets minus all liabilities
Similar Companies
ocean properties (cardiff) limited company details
company number
11627990
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
8 mountjoy place, penarth, vale of glamorgan, CF64 2TB
accountant
-
auditor
-
ocean properties (cardiff) 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 properties (cardiff) limited.
ocean properties (cardiff) limited Companies House Filings - See Documents
| date | description | view/download |
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