Pomanda estimates the enterprise value of CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY at €4.5m based on a Turnover of €2.8m and 1.62x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY at €35.5m based on an EBITDA of €9.7m and a 3.65x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY at €0 based on Net Assets of €-878.1k and 2.12x industry multiple (adjusted for liquidity).
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Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity CompanyOverview
Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company is a live company located in abbey street lower dublin 1 d01 p767 ireland, 662880 with a Companies House number of IE595933. 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) 5 Designated Activity Company is a young,
small sized company, Pomanda has estimated its turnover at
€2.8m with
declining
growth in recent years.
Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company Health Check
Pomanda's financial health check has awarded Cross Ocean Aviation Fund 1 (Intl) 5 Designated Activity Company a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
3 Regular
3 Weak
Size
annual sales of €2.8m, make it smaller than the average company (€4m)
€2.8m - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
€4m - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (-3.1%)
-31% - Cross Ocean Aviation Fund 1 (intl) 5 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) 5 Designated Activity Company
67% - Industry AVG
Profitability
an operating margin of 351% make it more profitable than the average company (42.7%)
351% - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
42.7% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
4 - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €693.4k, this is equally as efficient (€808.3k)
€693.4k - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
€808.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
- - Industry AVG
Creditor Days
its suppliers are paid after 363 days, this is slower than average (22 days)
363 days - Cross Ocean Aviation Fund 1 (intl) 5 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) 5 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is average cash available to meet short term requirements (2 weeks)
2 weeks - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.5%, this is a higher level of debt than the average (99.4%)
118.5% - Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company
99.4% - Industry AVG
CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Cross Ocean Aviation Fund 1 (Intl) 5 Designated Activity Company's latest turnover from December 2023 is €2.8 million and the company has net assets of -€878.1 thousand. According to their latest financial statements, we estimate that Cross Ocean Aviation Fund 1 (Intl) 5 Designated Activity Company has 4 employees and maintains cash reserves of €60.3 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
2,773,566
5,357,202
6,449,221
8,458,477
13,465,623
3,847,970
Other Income Or Grants
Cost Of Sales
916,545
1,723,212
60,081
4,692,021
1,466,504
Gross Profit
1,857,021
3,633,990
6,389,140
8,458,477
8,773,603
2,381,466
Admin Expenses
-7,879,305
-931,030
5,242,485
12,614,037
1,077,519
-375,176
37,664
Operating Profit
9,736,326
4,565,020
1,146,655
-4,155,560
7,696,084
2,756,642
-37,664
Interest Payable
6,702,256
4,564,120
1,145,721
7,695,232
2,755,800
Interest Receivable
Pre-Tax Profit
3,034,070
900
934
-4,155,560
852
842
-37,664
Tax
Profit After Tax
3,034,070
900
934
-4,155,560
852
842
-37,664
Dividends Paid
Retained Profit
3,034,070
900
934
-4,155,560
852
842
-37,664
Employee Costs
Number Of Employees
4
7
6
7
11
4
1
EBITDA*
9,736,326
6,493,227
-1,951,815
4,228,810
12,245,489
3,458,208
-37,664
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Tangible Assets
3,590,816
20,810,707
25,156,029
42,957,947
52,877,519
19,508,518
16,871,879
Intangible Assets
Investments & Other
489,298
47,567
Debtors (Due After 1 year)
Total Fixed Assets
3,590,816
20,810,706
25,156,029
42,957,946
52,877,518
19,508,517
16,871,878
Stock & work in progress
Trade Debtors
97,697
745,422
Group Debtors
36,334
13,578
84,808
52,949
105,266
Misc Debtors
17,854
215,227
96,212
1,179,341
562,367
413,055
5,523
Cash
60,278
519,482
196,781
1,267,407
701,338
127,088
34,362
misc current assets
152,614
195,036
989,284
2,276,432
total current assets
1,151,060
845,986
1,202,048
2,726,593
2,305,940
2,921,842
39,886
total assets
4,741,876
21,656,692
26,358,077
45,684,539
55,183,458
22,430,359
16,911,764
Bank overdraft
Bank loan
Trade Creditors
912,884
394,497
247,067
414,679
877,639
118,851
143,423
Group/Directors Accounts
1
1
other short term finances
hp & lease commitments
29,987
12,925
19,847
other current liabilities
319,181
241,865
448,248
890,840
855,993
666,147
77,018
total current liabilities
1,262,054
636,363
695,315
1,305,520
1,746,559
804,847
220,441
loans
4,357,926
24,932,503
59,453,618
48,572,800
53,385,465
21,203,310
16,728,985
hp & lease commitments
Accruals and Deferred Income
other liabilities
85,226
456,436
provisions
total long term liabilities
4,357,926
24,932,503
29,726,809
48,572,800
53,470,691
21,659,746
16,728,985
total liabilities
5,619,980
25,568,866
30,422,124
49,878,320
55,217,250
22,464,593
16,949,426
net assets
-878,104
-3,912,175
-4,064,047
-4,193,780
-33,792
-34,233
-37,662
total shareholders funds
-878,104
-3,912,174
-4,064,047
-4,193,780
-33,792
-34,233
-37,663
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Operating Activities
Operating Profit
9,736,326
4,565,020
1,146,655
-4,155,560
7,696,084
2,756,642
-37,664
Depreciation
1,928,207
-3,098,470
8,384,369
4,549,404
701,566
Amortisation
Tax
Stock
Debtors
-272,315
-515,131
-422,515
648,833
96,995
512,798
5,523
Creditors
518,387
147,431
-167,612
-462,960
758,788
-24,571
143,423
Accruals and Deferred Income
77,316
-206,383
-442,592
34,847
189,846
589,129
77,018
Deferred Taxes & Provisions
Cash flow from operations
10,604,344
6,949,406
-2,139,504
3,151,863
13,097,127
3,509,968
177,254
Investing Activities
capital expenditure
17,219,891
2,417,115
20,900,388
1,535,203
-37,918,405
-3,338,205
-16,871,879
Change in Investments
-489,298
441,731
47,567
cash flow from investments
17,219,891
2,417,115
21,389,686
1,093,472
-37,965,972
-3,338,205
-16,871,879
Financing Activities
Bank loans
Group/Directors Accounts
-1
Other Short Term Loans
Long term loans
-20,574,577
-34,521,115
10,880,818
-4,812,665
32,182,155
4,474,325
16,728,985
Hire Purchase and Lease Commitments
29,987
-12,925
-6,922
19,847
other long term liabilities
-85,226
-371,210
456,436
share issue
150,973
128,799
-4,428
-412
2,588
1
interest
-6,702,256
-4,564,120
-1,145,721
-7,695,232
-2,755,800
cash flow from financing
-27,246,846
-38,934,262
9,863,896
-4,915,245
24,108,379
2,197,396
16,728,986
cash and cash equivalents
cash
-459,204
322,701
-1,070,626
566,069
574,250
92,726
34,362
overdraft
change in cash
-459,204
322,701
-1,070,626
566,069
574,250
92,726
34,362
cross ocean aviation fund 1 (intl) 5 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) 5 designated activity company. Get real-time insights into cross ocean aviation fund 1 (intl) 5 designated activity company's credit score, group structure and payment trends.
Cross Ocean Aviation Fund 1 (intl) 5 Designated Activity Company Competitor Analysis
Perform a competitor analysis for cross ocean aviation fund 1 (intl) 5 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) 5 designated activity company Ownership
CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY group structure
Cross Ocean Aviation Fund 1 (Intl) 5 Designated Activity Company has no subsidiary companies.
CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY
IE595933
CROSS OCEAN AVIATION FUND 1 (INTL) 5 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Cross Ocean Aviation Fund 1 (Intl) 5 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) 5 designated activity company directors
Cross Ocean Aviation Fund 1 (Intl) 5 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
-878.1k
-0.78%
total assets
4.7m
-0.78%
cash
60.3k
-0.88%
net assets
Total assets minus all liabilities
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cross ocean aviation fund 1 (intl) 5 designated activity company company details
company number
IE595933
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) 2 designated activity company (January 2017)
accountant
-
auditor
ERNST & YOUNG
address
2nd floor block 5, irish life centre, abbey street lower dublin 1 d01 p767 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) 5 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) 5 designated activity company.
cross ocean aviation fund 1 (intl) 5 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) 5 DESIGNATED ACTIVITY COMPANY. This can take several minutes, an email will notify you when this has completed.
cross ocean aviation fund 1 (intl) 5 designated activity companyCompanies House Filings - See Documents
