ocean bridge properties limited Company Information
Company Number
11718384
Next Accounts
Sep 2025
Shareholders
seabridge properties limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
new burlington house, 1075 finchley road, london, NW11 0PU
Website
-ocean bridge properties limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN BRIDGE PROPERTIES LIMITED at £2.1m based on a Turnover of £700.3k and 3.06x industry multiple (adjusted for size and gross margin).
ocean bridge properties limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN BRIDGE PROPERTIES LIMITED at £9m based on an EBITDA of £1.4m and a 6.47x industry multiple (adjusted for size and gross margin).
ocean bridge properties limited Estimated Valuation
Pomanda estimates the enterprise value of OCEAN BRIDGE PROPERTIES LIMITED at £419.8k based on Net Assets of £262k and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ocean Bridge Properties Limited Overview
Ocean Bridge Properties Limited is a live company located in london, NW11 0PU with a Companies House number of 11718384. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2018, it's largest shareholder is seabridge properties limited with a 100% stake. Ocean Bridge Properties Limited is a young, small sized company, Pomanda has estimated its turnover at £700.3k with declining growth in recent years.
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Ocean Bridge Properties Limited Health Check
Pomanda's financial health check has awarded Ocean Bridge Properties Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
6 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £700.3k, make it smaller than the average company (£939.2k)
- Ocean Bridge Properties Limited
£939.2k - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.8%)
- Ocean Bridge Properties Limited
2.8% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
- Ocean Bridge Properties Limited
70.1% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 199.6% make it more profitable than the average company (24%)
- Ocean Bridge Properties Limited
24% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 12 employees, this is above the industry average (4)
12 - Ocean Bridge Properties Limited
4 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Ocean Bridge Properties Limited
£38k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £58.4k, this is less efficient (£188.3k)
- Ocean Bridge Properties Limited
£188.3k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (24 days)
- Ocean Bridge Properties Limited
24 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (33 days)
- Ocean Bridge Properties Limited
33 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ocean Bridge Properties Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Ocean Bridge Properties Limited
8 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 97.8%, this is a higher level of debt than the average (64%)
97.8% - Ocean Bridge Properties Limited
64% - Industry AVG
OCEAN BRIDGE PROPERTIES LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Ocean Bridge Properties Limited's latest turnover from December 2023 is estimated at £700.3 thousand and the company has net assets of £262 thousand. According to their latest financial statements, Ocean Bridge Properties Limited has 12 employees and maintains cash reserves of £38.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 12 | 13 | 13 | 13 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
---|---|---|---|---|---|
Tangible Assets | 9,617,409 | 8,630,295 | 9,394,438 | 9,228,169 | 8,968,016 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 22,500 | 22,500 | 22,500 | 22,500 | 22,500 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 9,639,909 | 8,652,795 | 9,416,938 | 9,250,669 | 8,990,516 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 15,035 | 7,623 | 11,662 | 9,891 | 0 |
Group Debtors | 2,079,422 | 3,451 | 1,668 | 0 | 0 |
Misc Debtors | 93,376 | 1,305,200 | 1,261,192 | 1,644,210 | 0 |
Cash | 38,096 | 701,276 | 13,164 | 3,814 | 7,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,225,929 | 2,017,550 | 1,287,686 | 1,657,915 | 7,000 |
total assets | 11,865,838 | 10,670,345 | 10,704,624 | 10,908,584 | 8,997,516 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 16,058 | 12,058 | 18,242 | 19,372 | 41,959 |
Group/Directors Accounts | 11,290,748 | 80,000 | 80,000 | 83,473 | 80,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 49,990 | 180,738 | 158,082 | 50,194 | 39,815 |
total current liabilities | 11,356,796 | 272,796 | 256,324 | 153,039 | 161,774 |
loans | 0 | 10,745,007 | 10,692,845 | 10,906,602 | 8,852,414 |
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 | 247,000 | 0 | 0 | 0 | 0 |
total long term liabilities | 247,000 | 10,745,007 | 10,692,845 | 10,906,602 | 8,852,414 |
total liabilities | 11,603,796 | 11,017,803 | 10,949,169 | 11,059,641 | 9,014,188 |
net assets | 262,042 | -347,458 | -244,545 | -151,057 | -16,672 |
total shareholders funds | 262,042 | -347,458 | -244,545 | -151,057 | -16,672 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 386 | 515 | 687 | 916 | 78 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | 871,559 | 41,752 | -379,579 | 1,654,101 | 0 |
Creditors | 4,000 | -6,184 | -1,130 | -22,587 | 41,959 |
Accruals and Deferred Income | -130,748 | 22,656 | 107,888 | 10,379 | 39,815 |
Deferred Taxes & Provisions | 247,000 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 22,500 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 11,210,748 | 0 | -3,473 | 3,473 | 80,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | -10,745,007 | 52,162 | -213,757 | 2,054,188 | 8,852,414 |
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 | -663,180 | 688,112 | 9,350 | -3,186 | 7,000 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -663,180 | 688,112 | 9,350 | -3,186 | 7,000 |
ocean bridge properties limited Credit Report and Business Information
Ocean Bridge Properties Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for ocean bridge properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW11 area or any other competitors across 12 key performance metrics.
ocean bridge properties limited Ownership
OCEAN BRIDGE PROPERTIES LIMITED group structure
Ocean Bridge Properties Limited has no subsidiary companies.
Ultimate parent company
1 parent
OCEAN BRIDGE PROPERTIES LIMITED
11718384
ocean bridge properties limited directors
Ocean Bridge Properties Limited currently has 2 directors. The longest serving directors include Mr Ian Heitner (Dec 2018) and Ms Sarah Heitner (Dec 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ian Heitner | 72 years | Dec 2018 | - | Director | |
Ms Sarah Heitner | United Kingdom | 71 years | Dec 2018 | - | Director |
P&L
December 2023turnover
700.3k
+2%
operating profit
1.4m
0%
gross margin
70.2%
+0.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
262k
-1.75%
total assets
11.9m
+0.11%
cash
38.1k
-0.95%
net assets
Total assets minus all liabilities
ocean bridge properties limited company details
company number
11718384
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
new burlington house, 1075 finchley road, london, NW11 0PU
Bank
-
Legal Advisor
-
ocean bridge properties 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 found 2 charges/mortgages relating to ocean bridge properties limited. Currently there are 2 open charges and 0 have been satisfied in the past.
ocean bridge properties 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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ocean bridge properties limited Companies House Filings - See Documents
date | description | view/download |
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