Pomanda estimates the enterprise value of SWIM NOW SCARBOROUGH LTD at £57.4k based on a Turnover of £90.4k and 0.63x industry multiple (adjusted for size and gross margin).
swim now scarborough ltdEstimated Valuation
£972
Pomanda estimates the enterprise value of SWIM NOW SCARBOROUGH LTD at £972 based on an EBITDA of £281 and a 3.46x industry multiple (adjusted for size and gross margin).
swim now scarborough ltdEstimated Valuation
£2.4k
Pomanda estimates the enterprise value of SWIM NOW SCARBOROUGH LTD at £2.4k based on Net Assets of £710 and 3.45x industry multiple (adjusted for liquidity).
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Swim Now Scarborough LtdOverview
Swim Now Scarborough Ltd is a live company located in scarborough, YO11 2TZ with a Companies House number of 12758232. It operates in the sports and recreation education sector, SIC Code 85510. Founded in July 2020, it's largest shareholder is
harrison thorpe
with a 50% stake. Swim Now Scarborough Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£90.4k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Swim Now Scarborough Ltd a 1 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
Health Rating1out of 5
1 Strong
1 Regular
7 Weak
Size
annual sales of £90.4k, make it smaller than the average company (£223.2k)
£90.4k - Swim Now Scarborough Ltd
£223.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Swim Now Scarborough Ltd
- - Industry AVG
Production
with a gross margin of 34.8%, this company has a higher cost of product (60.8%)
34.8% - Swim Now Scarborough Ltd
60.8% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (3%)
0.3% - Swim Now Scarborough Ltd
3% - Industry AVG
Employees
with 4 employees, this is below the industry average (8)
4 - Swim Now Scarborough Ltd
8 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
£19.8k - Swim Now Scarborough Ltd
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £22.6k, this is less efficient (£40.8k)
£22.6k - Swim Now Scarborough Ltd
£40.8k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (15 days)
44 days - Swim Now Scarborough Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (30 days)
64 days - Swim Now Scarborough Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Swim Now Scarborough Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Swim Now Scarborough Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (34.2%)
93.6% - Swim Now Scarborough Ltd
34.2% - Industry AVG
SWIM NOW SCARBOROUGH LTD financials
EXPORT
Swim Now Scarborough Ltd's latest turnover from July 2023 is estimated at £90.4 thousand and the company has net assets of £710. According to their latest financial statements, Swim Now Scarborough Ltd has 4 employees 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
90,448
84,711
51,671
Other Income Or Grants
Cost Of Sales
58,994
56,090
34,090
Gross Profit
31,454
28,621
17,581
Admin Expenses
31,173
28,096
17,490
Operating Profit
281
525
91
Interest Payable
Interest Receivable
Pre-Tax Profit
281
525
91
Tax
-70
-100
-17
Profit After Tax
211
425
74
Dividends Paid
Retained Profit
211
425
74
Employee Costs
79,072
78,698
76,315
Number Of Employees
4
4
4
EBITDA*
281
525
91
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
11,059
8,307
1,488
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
11,059
8,307
1,488
total assets
11,059
8,307
1,488
Bank overdraft
Bank loan
Trade Creditors
10,349
7,808
1,414
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
10,349
7,808
1,414
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
10,349
7,808
1,414
net assets
710
499
74
total shareholders funds
710
499
74
Jul 2023
Jul 2022
Jul 2021
Operating Activities
Operating Profit
281
525
91
Depreciation
Amortisation
Tax
-70
-100
-17
Stock
Debtors
2,752
6,819
1,488
Creditors
2,541
6,394
1,414
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
swim now scarborough ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for swim now scarborough ltd. Get real-time insights into swim now scarborough ltd's credit score, group structure and payment trends.
Perform a competitor analysis for swim now scarborough ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in YO11 area or any other competitors across 12 key performance metrics.
swim now scarborough ltd Ownership
SWIM NOW SCARBOROUGH LTD group structure
Swim Now Scarborough Ltd has no subsidiary companies.
Ultimate parent company
SWIM NOW SCARBOROUGH LTD
12758232
SWIM NOW SCARBOROUGH LTD Shareholders
The largest shareholders in Swim Now Scarborough Ltd include Harrison Thorpe and Gareth Mills.
harrison thorpe
50%
gareth mills
50%
swim now scarborough ltd directors
Swim Now Scarborough Ltd currently has 2 directors.
The longest serving directors include
Mr Harrison Thorpe (Jul 2020) and
Mr Gareth Mills (Jul 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023
net assets
710
+0.42%
total assets
11.1k
+0.33%
cash
0
0%
net assets
Total assets minus all liabilities
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swim now scarborough ltd company details
company number
12758232
Type
Private limited with Share Capital
industry
85510 - Sports and recreation education
incorporation date
July 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
moor end weaponness drive, scarborough, YO11 2TZ
Bank
-
Legal Advisor
-
swim now scarborough 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 swim now scarborough ltd.
swim now scarborough ltd 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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swim now scarborough ltdCompanies House Filings - See Documents
