Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
4 the glebe, rosliston, swadlincote, DE12 8JQ
Website
-
lower deck (salcombe) ltdEstimated Valuation
£190.2k
Pomanda estimates the enterprise value of LOWER DECK (SALCOMBE) LTD at £190.2k based on a Turnover of £82.4k and 2.31x industry multiple (adjusted for size and gross margin).
lower deck (salcombe) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LOWER DECK (SALCOMBE) LTD at £0 based on an EBITDA of £-36.9k and a 4.5x industry multiple (adjusted for size and gross margin).
lower deck (salcombe) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of LOWER DECK (SALCOMBE) LTD at £0 based on Net Assets of £-71.8k and 1.68x industry multiple (adjusted for liquidity).
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Lower Deck (salcombe) LtdOverview
Lower Deck (salcombe) Ltd is a live company located in swadlincote, DE12 8JQ with a Companies House number of 12783609. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2020, it's largest shareholder is
steven ainger
with a 50% stake. Lower Deck (salcombe) Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£82.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Lower Deck (Salcombe) Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
1 Regular
9 Weak
Size
annual sales of £82.4k, make it smaller than the average company (£962.2k)
£82.4k - Lower Deck (salcombe) Ltd
£962.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (5.7%)
-14% - Lower Deck (salcombe) Ltd
5.7% - Industry AVG
Production
with a gross margin of 31.1%, this company has a higher cost of product (72.6%)
31.1% - Lower Deck (salcombe) Ltd
72.6% - Industry AVG
Profitability
an operating margin of -44.8% make it less profitable than the average company (28.2%)
-44.8% - Lower Deck (salcombe) Ltd
28.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Lower Deck (salcombe) Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
£33.8k - Lower Deck (salcombe) Ltd
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £82.4k, this is less efficient (£190.2k)
£82.4k - Lower Deck (salcombe) Ltd
£190.2k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (31 days)
92 days - Lower Deck (salcombe) Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (36 days)
5 days - Lower Deck (salcombe) Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lower Deck (salcombe) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lower Deck (salcombe) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (69.4%)
105.7% - Lower Deck (salcombe) Ltd
69.4% - Industry AVG
LOWER DECK (SALCOMBE) LTD financials
EXPORT
Lower Deck (Salcombe) Ltd's latest turnover from July 2024 is estimated at £82.4 thousand and the company has net assets of -£71.8 thousand. According to their latest financial statements, we estimate that Lower Deck (Salcombe) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Turnover
82,400
43,478
43,740
131,015
Other Income Or Grants
Cost Of Sales
56,780
30,522
31,392
95,738
Gross Profit
25,620
12,956
12,347
35,277
Admin Expenses
62,533
12,631
45,976
36,746
Operating Profit
-36,913
325
-33,629
-1,469
Interest Payable
Interest Receivable
Pre-Tax Profit
-36,913
325
-33,629
-1,469
Tax
-81
Profit After Tax
-36,913
244
-33,629
-1,469
Dividends Paid
Retained Profit
-36,913
244
-33,629
-1,469
Employee Costs
33,754
31,195
30,374
27,839
Number Of Employees
1
1
1
1
EBITDA*
-36,913
325
-33,629
-1,469
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Tangible Assets
1,228,637
1,219,094
1,223,921
1,227,775
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,228,637
1,219,094
1,223,921
1,227,775
Stock & work in progress
Trade Debtors
20,923
12,254
11,931
35,922
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
20,923
12,254
11,931
35,922
total assets
1,249,560
1,231,348
1,235,852
1,263,697
Bank overdraft
Bank loan
Trade Creditors
827
2,167
4,759
21,044
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
827
2,167
4,759
21,044
loans
hp & lease commitments
Accruals and Deferred Income
24,251
18,247
23,919
15,646
other liabilities
1,296,249
1,245,788
1,242,272
1,228,476
provisions
total long term liabilities
1,320,500
1,264,035
1,266,191
1,244,122
total liabilities
1,321,327
1,266,202
1,270,950
1,265,166
net assets
-71,767
-34,854
-35,098
-1,469
total shareholders funds
-71,767
-34,854
-35,098
-1,469
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Operating Activities
Operating Profit
-36,913
325
-33,629
-1,469
Depreciation
Amortisation
Tax
-81
Stock
Debtors
8,669
323
-23,991
35,922
Creditors
-1,340
-2,592
-16,285
21,044
Accruals and Deferred Income
6,004
-5,672
8,273
15,646
Deferred Taxes & Provisions
Cash flow from operations
-40,918
-8,343
-17,650
-701
Investing Activities
capital expenditure
-9,543
4,827
3,854
-1,227,775
Change in Investments
cash flow from investments
-9,543
4,827
3,854
-1,227,775
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
50,461
3,516
13,796
1,228,476
share issue
interest
cash flow from financing
50,461
3,516
13,796
1,228,476
cash and cash equivalents
cash
overdraft
change in cash
lower deck (salcombe) 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 lower deck (salcombe) ltd. Get real-time insights into lower deck (salcombe) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lower deck (salcombe) ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DE12 area or any other competitors across 12 key performance metrics.
lower deck (salcombe) ltd Ownership
LOWER DECK (SALCOMBE) LTD group structure
Lower Deck (Salcombe) Ltd has no subsidiary companies.
Ultimate parent company
LOWER DECK (SALCOMBE) LTD
12783609
LOWER DECK (SALCOMBE) LTD Shareholders
The largest shareholders in Lower Deck (Salcombe) Ltd include Steven Ainger and Wahida Ainger.
steven ainger
50%
wahida ainger
50%
lower deck (salcombe) ltd directors
Lower Deck (Salcombe) Ltd currently has 1 director, Mr Steven Ainger serving since Jul 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024
net assets
-71.8k
+1.06%
total assets
1.2m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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lower deck (salcombe) ltd company details
company number
12783609
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
July 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
4 the glebe, rosliston, swadlincote, DE12 8JQ
Bank
-
Legal Advisor
-
lower deck (salcombe) 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 lower deck (salcombe) ltd.
lower deck (salcombe) 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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lower deck (salcombe) ltdCompanies House Filings - See Documents
