surfwell limited

surfwell limited Company Information

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StartupMicro

Company Number

14769709

Industry

Other human health activities

 

Shareholders

james mallows

sam davies

Group Structure

View All

Contact

Registered Address

4 cross tree centre caen street, braunton, EX33 1AA

Website

-

surfwell limited Estimated Valuation

£7.1k

Pomanda estimates the enterprise value of SURFWELL LIMITED at £7.1k based on a Turnover of £16.2k and 0.44x industry multiple (adjusted for size and gross margin).

surfwell limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SURFWELL LIMITED at £0 based on an EBITDA of £-1.7k and a 3.35x industry multiple (adjusted for size and gross margin).

surfwell limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SURFWELL LIMITED at £0 based on Net Assets of £-1.7k and 2.49x industry multiple (adjusted for liquidity).

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Surfwell Limited Overview

Surfwell Limited is a live company located in braunton, EX33 1AA with a Companies House number of 14769709. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2023, it's largest shareholder is james mallows with a 50% stake. Surfwell Limited is a startup, micro sized company, Pomanda has estimated its turnover at £16.2k with unknown growth in recent years.

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Surfwell Limited Health Check

Pomanda's financial health check has awarded Surfwell Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £16.2k, make it smaller than the average company (£727.5k)

£16.2k - Surfwell Limited

£727.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Surfwell Limited

- - Industry AVG

production

Production

with a gross margin of 22.3%, this company has a higher cost of product (38.5%)

22.3% - Surfwell Limited

38.5% - Industry AVG

profitability

Profitability

an operating margin of -10.6% make it less profitable than the average company (5.1%)

-10.6% - Surfwell Limited

5.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (18)

1 - Surfwell Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)

£26.4k - Surfwell Limited

£26.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £16.2k, this is less efficient (£45.4k)

£16.2k - Surfwell Limited

£45.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 23 days, this is near the average (20 days)

23 days - Surfwell Limited

20 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 168 days, this is slower than average (18 days)

168 days - Surfwell Limited

18 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Surfwell Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Surfwell Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 141.9%, this is a higher level of debt than the average (22%)

141.9% - Surfwell Limited

22% - Industry AVG

SURFWELL LIMITED financials

EXPORTms excel logo

Surfwell Limited's latest turnover from March 2024 is estimated at £16.2 thousand and the company has net assets of -£1.7 thousand. According to their latest financial statements, we estimate that Surfwell Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024
Turnover16,221
Other Income Or Grants0
Cost Of Sales12,613
Gross Profit3,608
Admin Expenses5,328
Operating Profit-1,720
Interest Payable0
Interest Receivable0
Pre-Tax Profit-1,720
Tax0
Profit After Tax-1,720
Dividends Paid0
Retained Profit-1,720
Employee Costs26,441
Number Of Employees1
EBITDA*-1,720

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024
Tangible Assets1,686
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets1,686
Stock & work in progress0
Trade Debtors1,035
Group Debtors0
Misc Debtors1,388
Cash0
misc current assets0
total current assets2,423
total assets4,109
Bank overdraft0
Bank loan0
Trade Creditors 5,829
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities0
total current liabilities5,829
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities0
provisions0
total long term liabilities0
total liabilities5,829
net assets-1,720
total shareholders funds-1,720
Mar 2024
Operating Activities
Operating Profit-1,720
Depreciation0
Amortisation0
Tax0
Stock0
Debtors2,423
Creditors5,829
Accruals and Deferred Income0
Deferred Taxes & Provisions0
Cash flow from operations1,686
Investing Activities
capital expenditure-1,686
Change in Investments0
cash flow from investments-1,686
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities0
share issue0
interest0
cash flow from financing0
cash and cash equivalents
cash0
overdraft0
change in cash0

surfwell limited 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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Surfwell Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for surfwell limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in EX33 area or any other competitors across 12 key performance metrics.

surfwell limited Ownership

SURFWELL LIMITED group structure

Surfwell Limited has no subsidiary companies.

Ultimate parent company

SURFWELL LIMITED

14769709

SURFWELL LIMITED Shareholders

james mallows 50%
sam davies 50%

surfwell limited directors

Surfwell Limited currently has 2 directors. The longest serving directors include Mr Sam Davies (Mar 2023) and Mr James Mallows (Mar 2023).

officercountryagestartendrole
Mr Sam DaviesEngland45 years Mar 2023- Director
Mr James MallowsEngland42 years Mar 2023- Director

P&L

March 2024

turnover

16.2k

0%

operating profit

-1.7k

0%

gross margin

22.3%

0%

turnover

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

Balance Sheet

March 2024

net assets

-1.7k

0%

total assets

4.1k

0%

cash

0

0%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

surfwell limited company details

company number

14769709

Type

Private limited with Share Capital

industry

86900 - Other human health activities

incorporation date

March 2023

age

2

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

4 cross tree centre caen street, braunton, EX33 1AA

Bank

-

Legal Advisor

-

surfwell 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 surfwell limited.

surfwell limited 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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surfwell limited Companies House Filings - See Documents

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