saltwater cottages ltd
saltwater cottages ltd Company Information
Company Number
12055729
Website
-Registered Address
6 durnford way, cambridge, cambs, CB4 2DP
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
nicolas maseychic 70%
joanna ball 30%
saltwater cottages ltd Estimated Valuation
Pomanda estimates the enterprise value of SALTWATER COTTAGES LTD at £258.9k based on a Turnover of £112.1k and 2.31x industry multiple (adjusted for size and gross margin).
saltwater cottages ltd Estimated Valuation
Pomanda estimates the enterprise value of SALTWATER COTTAGES LTD at £21.2k based on an EBITDA of £4.2k and a 5.02x industry multiple (adjusted for size and gross margin).
saltwater cottages ltd Estimated Valuation
Pomanda estimates the enterprise value of SALTWATER COTTAGES LTD at £26k based on Net Assets of £16k and 1.62x industry multiple (adjusted for liquidity).
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Saltwater Cottages Ltd Overview
Saltwater Cottages Ltd is a live company located in cambs, CB4 2DP with a Companies House number of 12055729. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2019, it's largest shareholder is nicolas maseychic with a 70% stake. Saltwater Cottages Ltd is a young, micro sized company, Pomanda has estimated its turnover at £112.1k with rapid growth in recent years.
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Saltwater Cottages Ltd Health Check
Pomanda's financial health check has awarded Saltwater Cottages Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £112.1k, make it smaller than the average company (£839k)
- Saltwater Cottages Ltd
£839k - Industry AVG
Growth
3 year (CAGR) sales growth of 91%, show it is growing at a faster rate (2.3%)
- Saltwater Cottages Ltd
2.3% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (73.1%)
- Saltwater Cottages Ltd
73.1% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (27.2%)
- Saltwater Cottages Ltd
27.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Saltwater Cottages Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£31.2k)
- Saltwater Cottages Ltd
£31.2k - Industry AVG
Efficiency
resulting in sales per employee of £112.1k, this is less efficient (£181.4k)
- Saltwater Cottages Ltd
£181.4k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (32 days)
- Saltwater Cottages Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (37 days)
- Saltwater Cottages Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Saltwater Cottages Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Saltwater Cottages Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.6%, this is a higher level of debt than the average (67.5%)
96.6% - Saltwater Cottages Ltd
67.5% - Industry AVG
SALTWATER COTTAGES LTD financials
Saltwater Cottages Ltd's latest turnover from June 2023 is estimated at £112.1 thousand and the company has net assets of £16 thousand. According to their latest financial statements, we estimate that Saltwater Cottages Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 438,359 | 439,067 | 440,267 | 905 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 438,359 | 439,067 | 440,267 | 905 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 31,880 | 26,088 | 4,622 | 4,149 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 31,880 | 26,088 | 4,622 | 4,149 |
| total assets | 470,239 | 465,155 | 444,889 | 5,054 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,874 | 3,047 | 1,204 | 460 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 4,874 | 3,047 | 1,204 | 460 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 449,336 | 449,254 | 449,289 | 5,000 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 449,336 | 449,254 | 449,289 | 5,000 |
| total liabilities | 454,210 | 452,301 | 450,493 | 5,460 |
| net assets | 16,029 | 12,854 | -5,604 | -406 |
| total shareholders funds | 16,029 | 12,854 | -5,604 | -406 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 5,792 | 21,466 | 473 | 4,149 |
| Creditors | 1,827 | 1,843 | 744 | 460 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 82 | -35 | 444,289 | 5,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
saltwater cottages ltd Credit Report and Business Information
Saltwater Cottages Ltd Competitor Analysis
Perform a competitor analysis for saltwater cottages ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CB4 area or any other competitors across 12 key performance metrics.
saltwater cottages ltd Ownership
SALTWATER COTTAGES LTD group structure
Saltwater Cottages Ltd has no subsidiary companies.
Ultimate parent company
SALTWATER COTTAGES LTD
12055729
saltwater cottages ltd directors
Saltwater Cottages Ltd currently has 2 directors. The longest serving directors include Mr Nicolas Maseychik (Jun 2019) and Miss Joanna Ball (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicolas Maseychik | United Kingdom | 53 years | Jun 2019 | - | Director |
| Miss Joanna Ball | United Kingdom | 47 years | Jun 2019 | - | Director |
P&L
June 2023turnover
112.1k
+25%
operating profit
4.2k
0%
gross margin
30.1%
+5.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
16k
+0.25%
total assets
470.2k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
saltwater cottages ltd company details
company number
12055729
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2019
age
5
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
6 durnford way, cambridge, cambs, CB4 2DP
accountant
-
auditor
-
saltwater cottages 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 saltwater cottages ltd.
saltwater cottages ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
