offshore yacht solutions limited
offshore yacht solutions limited Company Information
Company Number
12755729
Website
-Registered Address
victoria house, 51-53 exeter street, plymouth, devon, PL4 0AH
Industry
Repair and maintenance of ships and boats
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Michael Berry4 Years
Shareholders
michael berry 100%
offshore yacht solutions limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE YACHT SOLUTIONS LIMITED at £5.2k based on a Turnover of £12.9k and 0.4x industry multiple (adjusted for size and gross margin).
offshore yacht solutions limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE YACHT SOLUTIONS LIMITED at £0 based on an EBITDA of £-682 and a 3.33x industry multiple (adjusted for size and gross margin).
offshore yacht solutions limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE YACHT SOLUTIONS LIMITED at £14k based on Net Assets of £5.4k and 2.61x industry multiple (adjusted for liquidity).
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Offshore Yacht Solutions Limited Overview
Offshore Yacht Solutions Limited is a live company located in plymouth, PL4 0AH with a Companies House number of 12755729. It operates in the repair and maintenance of ships and boats sector, SIC Code 33150. Founded in July 2020, it's largest shareholder is michael berry with a 100% stake. Offshore Yacht Solutions Limited is a startup, micro sized company, Pomanda has estimated its turnover at £12.9k with unknown growth in recent years.
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Offshore Yacht Solutions Limited Health Check
Pomanda's financial health check has awarded Offshore Yacht Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £12.9k, make it smaller than the average company (£7m)
- Offshore Yacht Solutions Limited
£7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Offshore Yacht Solutions Limited
- - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (27.6%)
- Offshore Yacht Solutions Limited
27.6% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (4.9%)
- Offshore Yacht Solutions Limited
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (59)
- Offshore Yacht Solutions Limited
59 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Offshore Yacht Solutions Limited
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £12.9k, this is less efficient (£137k)
- Offshore Yacht Solutions Limited
£137k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (46 days)
- Offshore Yacht Solutions Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Offshore Yacht Solutions Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Offshore Yacht Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Offshore Yacht Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (58.7%)
0.3% - Offshore Yacht Solutions Limited
58.7% - Industry AVG
OFFSHORE YACHT SOLUTIONS LIMITED financials
Offshore Yacht Solutions Limited's latest turnover from July 2023 is estimated at £12.9 thousand and the company has net assets of £5.4 thousand. According to their latest financial statements, we estimate that Offshore Yacht Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| 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
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Tangible Assets | 1,530 | 2,290 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 1,530 | 2,290 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 3,868 | 3,772 | 10,722 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 3,868 | 3,772 | 10,722 |
| total assets | 5,398 | 6,062 | 10,722 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 18 | 0 | 1,208 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 18 | 0 | 1,208 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 4,262 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 4,262 |
| total liabilities | 18 | 0 | 5,470 |
| net assets | 5,380 | 6,062 | 5,252 |
| total shareholders funds | 5,380 | 6,062 | 5,252 |
| Jul 2023 | Jul 2022 | Jul 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 96 | -6,950 | 10,722 |
| Creditors | 18 | -1,208 | 1,208 |
| Accruals and Deferred Income | 0 | -4,262 | 4,262 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
offshore yacht solutions limited Credit Report and Business Information
Offshore Yacht Solutions Limited Competitor Analysis
Perform a competitor analysis for offshore yacht solutions limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PL4 area or any other competitors across 12 key performance metrics.
offshore yacht solutions limited Ownership
OFFSHORE YACHT SOLUTIONS LIMITED group structure
Offshore Yacht Solutions Limited has no subsidiary companies.
Ultimate parent company
OFFSHORE YACHT SOLUTIONS LIMITED
12755729
offshore yacht solutions limited directors
Offshore Yacht Solutions Limited currently has 1 director, Mr Michael Berry serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Berry | England | 34 years | Jul 2020 | - | Director |
P&L
July 2023turnover
12.9k
-36%
operating profit
-682
0%
gross margin
16.3%
-4.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
5.4k
-0.11%
total assets
5.4k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
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offshore yacht solutions limited company details
company number
12755729
Type
Private limited with Share Capital
industry
33150 - Repair and maintenance of ships and boats
incorporation date
July 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
be marine services limited (December 2022)
accountant
-
auditor
-
address
victoria house, 51-53 exeter street, plymouth, devon, PL4 0AH
Bank
-
Legal Advisor
-
offshore yacht solutions 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 offshore yacht solutions limited.
offshore yacht solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
