seaways property ltd

seaways property ltd Company Information

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StartupSmall

Company Number

12968710

Industry

Management of real estate on a fee or contract basis

 

Buying and selling of own real estate

 

Shareholders

julia ann tyrrell

oliver richard levy

Group Structure

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Contact

Registered Address

the retreat, 406 roding lane south, woodford green, essex, IG8 8EY

Website

-

seaways property ltd Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SEAWAYS PROPERTY LTD at £1.4m based on a Turnover of £504.6k and 2.68x industry multiple (adjusted for size and gross margin).

seaways property ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SEAWAYS PROPERTY LTD at £0 based on an EBITDA of £-57.2k and a 7.05x industry multiple (adjusted for size and gross margin).

seaways property ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SEAWAYS PROPERTY LTD at £0 based on Net Assets of £-101.2k and 1.7x industry multiple (adjusted for liquidity).

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Seaways Property Ltd Overview

Seaways Property Ltd is a live company located in woodford green, IG8 8EY with a Companies House number of 12968710. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2020, it's largest shareholder is julia ann tyrrell with a 50% stake. Seaways Property Ltd is a startup, small sized company, Pomanda has estimated its turnover at £504.6k with unknown growth in recent years.

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Seaways Property Ltd Health Check

Pomanda's financial health check has awarded Seaways Property Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £504.6k, make it in line with the average company (£579.8k)

£504.6k - Seaways Property Ltd

£579.8k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Seaways Property Ltd

- - Industry AVG

production

Production

with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)

69.7% - Seaways Property Ltd

69.7% - Industry AVG

profitability

Profitability

an operating margin of -12.4% make it less profitable than the average company (16.4%)

-12.4% - Seaways Property Ltd

16.4% - Industry AVG

employees

Employees

with 7 employees, this is above the industry average (5)

7 - Seaways Property Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.8k, the company has an equivalent pay structure (£37.8k)

£37.8k - Seaways Property Ltd

£37.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.1k, this is less efficient (£142.8k)

£72.1k - Seaways Property Ltd

£142.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Seaways Property Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (32 days)

6 days - Seaways Property Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Seaways Property Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (29 weeks)

1 weeks - Seaways Property Ltd

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 116.8%, this is a higher level of debt than the average (59.5%)

116.8% - Seaways Property Ltd

59.5% - Industry AVG

SEAWAYS PROPERTY LTD financials

EXPORTms excel logo

Seaways Property Ltd's latest turnover from October 2023 is estimated at £504.6 thousand and the company has net assets of -£101.2 thousand. According to their latest financial statements, Seaways Property Ltd has 7 employees and maintains cash reserves of £21.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021
Turnover504,569227,415228,111
Other Income Or Grants000
Cost Of Sales153,06866,67065,430
Gross Profit351,501160,745162,681
Admin Expenses414,156186,011273,297
Operating Profit-62,655-25,266-110,616
Interest Payable000
Interest Receivable1,33266415
Pre-Tax Profit-61,323-24,602-110,601
Tax000
Profit After Tax-61,323-24,602-110,601
Dividends Paid000
Retained Profit-61,323-24,602-110,601
Employee Costs264,452225,973215,354
Number Of Employees766
EBITDA*-57,188-19,958-105,888

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021
Tangible Assets463,907628,991625,508
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets463,907628,991625,508
Stock & work in progress000
Trade Debtors072930
Group Debtors114,28400
Misc Debtors1,62700
Cash21,32429,43429,622
misc current assets000
total current assets137,23529,50630,552
total assets601,142658,497656,060
Bank overdraft000
Bank loan000
Trade Creditors 2,66727,10110,732
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities681,523766,499755,829
total current liabilities684,190793,600766,561
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions18,10200
total long term liabilities18,10200
total liabilities702,292793,600766,561
net assets-101,150-135,103-110,501
total shareholders funds-101,150-135,103-110,501
Oct 2023Oct 2022Oct 2021
Operating Activities
Operating Profit-62,655-25,266-110,616
Depreciation5,4675,3084,728
Amortisation000
Tax000
Stock000
Debtors115,839-858930
Creditors-24,43416,36910,732
Accruals and Deferred Income-84,97610,670755,829
Deferred Taxes & Provisions18,10200
Cash flow from operations-264,3357,939659,743
Investing Activities
capital expenditure159,617-8,791-630,236
Change in Investments000
cash flow from investments159,617-8,791-630,236
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue95,2760100
interest1,33266415
cash flow from financing96,608664115
cash and cash equivalents
cash-8,110-18829,622
overdraft000
change in cash-8,110-18829,622

seaways property ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Seaways Property Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for seaways property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.

seaways property ltd Ownership

SEAWAYS PROPERTY LTD group structure

Seaways Property Ltd has no subsidiary companies.

Ultimate parent company

SEAWAYS PROPERTY LTD

12968710

SEAWAYS PROPERTY LTD Shareholders

julia ann tyrrell 50%
oliver richard levy 50%

seaways property ltd directors

Seaways Property Ltd currently has 2 directors. The longest serving directors include Mr Oliver Levy (Oct 2020) and Ms Julia Tyrrell (Oct 2020).

officercountryagestartendrole
Mr Oliver LevyEngland32 years Oct 2020- Director
Ms Julia TyrrellEngland49 years Oct 2020- Director

P&L

October 2023

turnover

504.6k

+122%

operating profit

-62.7k

0%

gross margin

69.7%

-1.44%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

-101.2k

-0.25%

total assets

601.1k

-0.09%

cash

21.3k

-0.28%

net assets

Total assets minus all liabilities

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seaways property ltd company details

company number

12968710

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

68100 - Buying and selling of own real estate

incorporation date

October 2020

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

NORDENS

auditor

-

address

the retreat, 406 roding lane south, woodford green, essex, IG8 8EY

Bank

-

Legal Advisor

-

seaways property 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 seaways property ltd.

seaways property 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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seaways property ltd Companies House Filings - See Documents

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