Pomanda estimates the enterprise value of CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY at €3.3m based on a Turnover of €2m and 1.59x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY at €14.1m based on an EBITDA of €3.9m and a 3.58x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY at €0 based on Net Assets of €-7.8m and 2.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity CompanyOverview
Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company is a live company located in abbey street lower dublin 1 ireland, 662880 with a Companies House number of IE595679. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in January 2017, it's largest shareholder is
cross ocean aviation (intl) holdings designated activity company
with a 100% stake. Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company is a young,
small sized company, Pomanda has estimated its turnover at
€2m with
declining
growth in recent years.
Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company Health Check
Pomanda's financial health check has awarded Cross Ocean Aviation Fund 1 (Intl) 3 Designated Activity Company a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of €2m, make it smaller than the average company (€4m)
€2m - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
€4m - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (-3.1%)
-57% - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
-3.1% - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
67% - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
67% - Industry AVG
Profitability
an operating margin of 72.9% make it more profitable than the average company (42.7%)
72.9% - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
42.7% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €683.3k, this is less efficient (€808.3k)
€683.3k - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
€808.3k - Industry AVG
Debtor Days
it gets paid by customers after 739 days, this is later than average (46 days)
739 days - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
46 days - Industry AVG
Creditor Days
its suppliers are paid after 966 days, this is slower than average (22 days)
966 days - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (2 weeks)
1 weeks - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 145.4%, this is a higher level of debt than the average (99.4%)
145.4% - Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company
99.4% - Industry AVG
CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Cross Ocean Aviation Fund 1 (Intl) 3 Designated Activity Company's latest turnover from December 2023 is €2 million and the company has net assets of -€7.8 million. According to their latest financial statements, we estimate that Cross Ocean Aviation Fund 1 (Intl) 3 Designated Activity Company has 3 employees and maintains cash reserves of €36 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Turnover
2,049,782
6,588,579
13,061,211
25,799,497
13,522,556
2,183,668
Other Income Or Grants
Cost Of Sales
677,365
2,119,300
4,547,426
9,086,166
4,711,859
832,220
Gross Profit
1,372,417
4,469,279
8,513,784
16,713,331
8,810,698
1,351,448
Admin Expenses
-120,873
-287,391
5,973,902
20,740,561
3,760,180
-440,015
Operating Profit
1,493,290
4,756,670
2,539,882
-4,027,230
5,050,518
1,791,463
Interest Payable
1,492,390
4,755,771
2,538,948
4,697,595
5,049,666
1,790,621
Interest Receivable
Pre-Tax Profit
900
900
934
-8,724,825
852
842
Tax
-253
-213
-211
Profit After Tax
900
900
934
-8,725,079
639
632
Dividends Paid
Retained Profit
900
900
934
-8,725,079
639
632
Employee Costs
Number Of Employees
3
8
12
21
11
2
EBITDA*
3,929,042
9,731,634
15,263,265
21,974,044
12,861,401
2,001,821
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
5,285,838
7,356,462
40,405,388
61,914,554
90,522,843
21,361,503
Intangible Assets
14,399,032
Investments & Other
111,952
Debtors (Due After 1 year)
Total Fixed Assets
5,285,838
7,356,461
40,405,388
76,313,586
90,522,842
21,361,503
Stock & work in progress
Trade Debtors
4,150,340
3,579,034
435,615
674,422
Group Debtors
82
213,385
21,300
511,638
Misc Debtors
7,635,398
6,205,178
1,456,562
236,817
819,455
6,819
Cash
35,969
266,820
410,543
3,002,901
371,549
278,025
misc current assets
103,126
457,195
2,556,793
808,448
total current assets
11,821,707
10,051,117
2,619,234
4,457,038
4,259,437
1,093,293
total assets
17,107,545
17,407,578
43,024,622
80,770,624
94,782,279
22,454,796
Bank overdraft
Bank loan
Trade Creditors
1,793,006
1,460,216
47,331
40,990
10,857
Group/Directors Accounts
other short term finances
hp & lease commitments
104,763
181,439
140,455
other current liabilities
36,334
350,338
65,388
115,028
635,659
total current liabilities
1,829,340
1,564,979
397,670
65,388
337,457
786,972
loans
16,581,646
17,563,243
43,910,620
86,206,129
88,553,428
20,241,753
hp & lease commitments
Accruals and Deferred Income
other liabilities
6,463,221
6,046,917
6,784,513
3,241,210
5,905,940
1,441,286
provisions
1,518
852
420
total long term liabilities
23,044,867
23,610,160
50,695,133
89,448,100
94,459,794
21,683,251
total liabilities
24,874,207
25,175,139
51,092,803
89,513,488
94,797,251
22,470,223
net assets
-7,766,661
-7,767,561
-8,068,181
-8,742,864
-14,973
-15,426
total shareholders funds
-7,766,662
-7,767,561
-8,068,182
-8,742,864
-14,973
-15,426
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
1,493,290
4,756,670
2,539,882
-4,027,230
5,050,518
1,791,463
Depreciation
2,435,753
4,974,963
12,552,083
24,605,253
7,810,883
210,357
Amortisation
171,301
1,396,021
Tax
-253
-213
-211
Stock
Debtors
2,001,442
7,678,733
1,173,023
-398,554
1,324,275
6,819
Creditors
332,790
1,412,885
47,331
-40,990
30,133
10,857
Accruals and Deferred Income
36,334
-350,338
284,950
-49,640
-520,631
635,659
Deferred Taxes & Provisions
-1,518
666
432
420
Cash flow from operations
2,296,725
3,115,447
14,421,006
22,282,381
11,046,847
2,641,726
Investing Activities
capital expenditure
-365,129
28,073,963
23,184,815
-11,792,017
-76,972,223
-21,571,860
Change in Investments
-111,952
111,952
cash flow from investments
-365,129
28,073,963
23,296,767
-11,903,969
-76,972,223
-21,571,860
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-981,597
-26,347,377
-42,295,509
-2,347,299
68,311,675
20,241,753
Hire Purchase and Lease Commitments
-104,763
104,763
-181,439
40,984
140,455
other long term liabilities
416,304
-737,596
3,543,303
-2,664,730
4,464,654
1,441,286
share issue
299,720
673,748
-2,812
-185
-16,058
interest
-1,492,390
-4,755,771
-2,538,948
-4,697,595
-5,049,666
-1,790,621
cash flow from financing
-2,162,446
-31,436,261
-40,617,406
-9,893,875
67,767,462
20,016,815
cash and cash equivalents
cash
-230,851
-143,723
-2,592,358
2,631,352
93,524
278,025
overdraft
change in cash
-230,851
-143,723
-2,592,358
2,631,352
93,524
278,025
cross ocean aviation fund 1 (intl) 3 designated activity company 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 cross ocean aviation fund 1 (intl) 3 designated activity company. Get real-time insights into cross ocean aviation fund 1 (intl) 3 designated activity company's credit score, group structure and payment trends.
Cross Ocean Aviation Fund 1 (intl) 3 Designated Activity Company Competitor Analysis
Perform a competitor analysis for cross ocean aviation fund 1 (intl) 3 designated activity company by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in Region Area area or any other competitors across 12 key performance metrics.
cross ocean aviation fund 1 (intl) 3 designated activity company Ownership
CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY group structure
Cross Ocean Aviation Fund 1 (Intl) 3 Designated Activity Company has no subsidiary companies.
CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY
IE595679
CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Cross Ocean Aviation Fund 1 (Intl) 3 Designated Activity Company is Cross Ocean Aviation (Intl) Holdings Designated Activity Company.
cross ocean aviation (intl) holdings designated activity company
100%
cross ocean aviation fund 1 (intl) 3 designated activity company directors
Cross Ocean Aviation Fund 1 (Intl) 3 Designated Activity Company currently has 4 directors.
The longest serving directors include
FERGAL MOLONY (Feb 2017) and
DAVID O'BRIEN (Jun 2018).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-7.8m
0%
total assets
17.1m
-0.02%
cash
36k
-0.87%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
cross ocean aviation fund 1 (intl) 3 designated activity company company details
company number
IE595679
Type
DAC - DESIGNATED ACTIVITY COMPANY (LIMITED BY SHARES)
industry
77351 - Renting and leasing of passenger air transport equipment
incorporation date
January 2017
age
8
incorporated
IE
ultimate parent company
CROSS OCEAN AVIATION FUND I CAYMAN FEEDE
accounts
Full Accounts
last accounts submitted
December 2023
previous names
cross ocean aviation fund i (us) designated activity company (January 2017)
accountant
-
auditor
ERNST & YOUNG
address
2nd floor block 5, irish life centre, abbey street lower dublin 1 ireland, dublin 1 dublin ireland, 662880
Bank
THE BANK OF NEW YORK
Legal Advisor
MAPLES AND CALDER (IRELAND) LLP
cross ocean aviation fund 1 (intl) 3 designated activity company 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 cross ocean aviation fund 1 (intl) 3 designated activity company.
cross ocean aviation fund 1 (intl) 3 designated activity company 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.
Click to start generating capital raising & share issue transactions for CROSS OCEAN AVIATION FUND 1 (INTL) 3 DESIGNATED ACTIVITY COMPANY. This can take several minutes, an email will notify you when this has completed.
cross ocean aviation fund 1 (intl) 3 designated activity companyCompanies House Filings - See Documents
