black sea capital ltd
black sea capital ltd Company Information
Company Number
11906671
Website
-Registered Address
c/o stevens & bolton llp, wey ho, farnham road, guildford, surrey, GU1 4YD
Industry
Wholesale of wine, beer, spirits and other alcoholic beverages
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
jr prim 100%
black sea capital ltd Estimated Valuation
Pomanda estimates the enterprise value of BLACK SEA CAPITAL LTD at £407.2k based on a Turnover of £1.7m and 0.24x industry multiple (adjusted for size and gross margin).
black sea capital ltd Estimated Valuation
Pomanda estimates the enterprise value of BLACK SEA CAPITAL LTD at £0 based on an EBITDA of £-6.7k and a 2.99x industry multiple (adjusted for size and gross margin).
black sea capital ltd Estimated Valuation
Pomanda estimates the enterprise value of BLACK SEA CAPITAL LTD at £0 based on Net Assets of £-594.9k and 2.37x industry multiple (adjusted for liquidity).
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Black Sea Capital Ltd Overview
Black Sea Capital Ltd is a live company located in guildford, GU1 4YD with a Companies House number of 11906671. It operates in the wholesale of wine, beer, spirits and other alcoholic beverages sector, SIC Code 46342. Founded in March 2019, it's largest shareholder is jr prim with a 100% stake. Black Sea Capital Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.
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Black Sea Capital Ltd Health Check
Pomanda's financial health check has awarded Black Sea Capital Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£28.3m)
- Black Sea Capital Ltd
£28.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.7%)
- Black Sea Capital Ltd
8.7% - Industry AVG
Production
with a gross margin of 12.5%, this company has a higher cost of product (19.7%)
- Black Sea Capital Ltd
19.7% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (3.4%)
- Black Sea Capital Ltd
3.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (41)
3 - Black Sea Capital Ltd
41 - Industry AVG
Pay Structure
on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)
- Black Sea Capital Ltd
£50.7k - Industry AVG
Efficiency
resulting in sales per employee of £574k, this is equally as efficient (£670.5k)
- Black Sea Capital Ltd
£670.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (43 days)
- Black Sea Capital Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 184 days, this is slower than average (44 days)
- Black Sea Capital Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Black Sea Capital Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Black Sea Capital Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 447.5%, this is a higher level of debt than the average (61.9%)
447.5% - Black Sea Capital Ltd
61.9% - Industry AVG
BLACK SEA CAPITAL LTD financials
Black Sea Capital Ltd's latest turnover from December 2023 is estimated at £1.7 million and the company has net assets of -£594.9 thousand. According to their latest financial statements, Black Sea Capital Ltd has 3 employees and maintains cash reserves of 0 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 | 3 | 3 | 3 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 131,452 | 131,452 | 131,700 | 133,411 | 410 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 131,452 | 131,452 | 131,700 | 133,411 | 410 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 16,118 | 7,096 | 1,555 | 58,500 | 3,976 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 23,616 | 46,680 | 18,872 | 12,534 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,734 | 53,776 | 20,427 | 71,034 | 3,976 |
| total assets | 171,186 | 185,228 | 152,127 | 204,445 | 4,386 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 762,499 | 769,830 | 744,542 | 612,958 | 53,062 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 762,499 | 769,830 | 744,542 | 612,958 | 53,062 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,600 | 3,600 | 5,280 | 10,000 | 1,626 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,600 | 3,600 | 5,280 | 10,000 | 1,626 |
| total liabilities | 766,099 | 773,430 | 749,822 | 622,958 | 54,688 |
| net assets | -594,913 | -588,202 | -597,695 | -418,513 | -50,302 |
| total shareholders funds | -594,913 | -588,202 | -597,695 | -418,513 | -50,302 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,042 | 33,349 | -50,607 | 67,058 | 3,976 |
| Creditors | -7,331 | 25,288 | 131,584 | 559,896 | 53,062 |
| Accruals and Deferred Income | 0 | -1,680 | -4,720 | 8,374 | 1,626 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
black sea capital ltd Credit Report and Business Information
Black Sea Capital Ltd Competitor Analysis
Perform a competitor analysis for black sea capital ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in GU1 area or any other competitors across 12 key performance metrics.
black sea capital ltd Ownership
BLACK SEA CAPITAL LTD group structure
Black Sea Capital Ltd has no subsidiary companies.
Ultimate parent company
BLACK SEA CAPITAL LTD
11906671
black sea capital ltd directors
Black Sea Capital Ltd currently has 4 directors. The longest serving directors include Mr Ini Ghidirmic (Mar 2019) and Mr Wayne Prim, Jr (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ini Ghidirmic | England | 47 years | Mar 2019 | - | Director |
| Mr Wayne Prim, Jr | England | 66 years | Mar 2019 | - | Director |
| Mr Brian Ring | United Kingdom | 57 years | Mar 2019 | - | Director |
| Mr Brian Ring | United Kingdom | 57 years | Mar 2019 | - | Director |
P&L
December 2023turnover
1.7m
+20%
operating profit
-6.7k
0%
gross margin
12.6%
+3.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-594.9k
+0.01%
total assets
171.2k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
black sea capital ltd company details
company number
11906671
Type
Private limited with Share Capital
industry
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
LANDMARK ACCOUNTANTS LIMITED
auditor
-
address
c/o stevens & bolton llp, wey ho, farnham road, guildford, surrey, GU1 4YD
Bank
-
Legal Advisor
-
black sea capital 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 black sea capital ltd.
black sea capital ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
