Pomanda estimates the enterprise value of SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY at €3.5m based on a Turnover of €2.2m and 1.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY at €7.4m based on an EBITDA of €2.1m and a 3.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY at €2.7m based on Net Assets of €1.3m and 2.12x industry multiple (adjusted for liquidity).
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Sprite Aviation No.4 Designated Activity Company is a live company located in western business park shannon co clare ireland, 607024 with a Companies House number of IE610539. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in August 2017, it's largest shareholder is
sprite 2021-1 limited
with a 100% stake. Sprite Aviation No.4 Designated Activity Company is a young,
small sized company, Pomanda has estimated its turnover at
€2.2m with
declining
growth in recent years.
Sprite Aviation No.4 Designated Activity Company Health Check
Pomanda's financial health check has awarded Sprite Aviation No.4 Designated Activity Company a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
0 Strong
3 Regular
5 Weak
Size
annual sales of €2.2m, make it smaller than the average company (€4.1m)
€2.2m - Sprite Aviation No.4 Designated Activity Company
€4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (-0.8%)
-30% - Sprite Aviation No.4 Designated Activity Company
-0.8% - Industry AVG
Production
with a gross margin of 66.9%, this company has a comparable cost of product (66.9%)
66.9% - Sprite Aviation No.4 Designated Activity Company
66.9% - Industry AVG
Profitability
an operating margin of -13.1% make it less profitable than the average company (40.5%)
-13.1% - Sprite Aviation No.4 Designated Activity Company
40.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Sprite Aviation No.4 Designated Activity Company
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Sprite Aviation No.4 Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €734k, this is equally as efficient (€782.1k)
€734k - Sprite Aviation No.4 Designated Activity Company
€782.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sprite Aviation No.4 Designated Activity Company
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Sprite Aviation No.4 Designated Activity Company
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sprite Aviation No.4 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (2 weeks)
0 weeks - Sprite Aviation No.4 Designated Activity Company
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a similar level of debt than the average (99.1%)
98.1% - Sprite Aviation No.4 Designated Activity Company
99.1% - Industry AVG
SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Sprite Aviation No.4 Designated Activity Company's latest turnover from November 2023 is €2.2 million and the company has net assets of €1.3 million. According to their latest financial statements, we estimate that Sprite Aviation No.4 Designated Activity Company has 3 employees and maintains cash reserves of €1.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
2,202,057
-807,019
4,414,119
6,338,045
15,552,578
4,101,999
Other Income Or Grants
Cost Of Sales
728,313
-263,609
1,626,894
2,232,157
5,419,208
1,563,317
Gross Profit
1,473,745
-543,410
2,787,225
4,105,888
10,133,370
2,538,682
Admin Expenses
1,762,362
-657,949
9,761,009
3,939,540
2,025,911
2,608,009
Operating Profit
-288,617
114,539
-6,973,784
166,348
8,107,459
-69,327
Interest Payable
3,761,429
3,820,679
3,487,560
4,116,466
3,143,592
1,642,257
Interest Receivable
Pre-Tax Profit
-4,050,046
-3,706,139
-10,461,345
-3,950,118
4,963,867
-1,711,580
Tax
1,392,730
5,139,402
Profit After Tax
-2,657,316
1,433,263
-10,461,345
-3,950,118
4,963,867
-1,711,580
Dividends Paid
Retained Profit
-2,657,316
1,433,263
-10,461,345
-3,950,118
4,963,867
-1,711,580
Employee Costs
Number Of Employees
3
1
4
6
13
4
EBITDA*
2,050,020
3,336,414
-1,997,533
6,039,506
11,466,287
1,354,645
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
67,057,652
71,621,506
59,886,934
70,179,850
64,891,651
46,020,428
Intangible Assets
Investments & Other
14,738,683
18,356,630
7,950,094
10,753,194
11,166,789
Debtors (Due After 1 year)
6,532,131
5,139,402
Total Fixed Assets
67,057,652
71,621,506
59,886,933
70,179,849
64,891,651
46,020,427
Stock & work in progress
Trade Debtors
1,073,933
436,903
4,750,615
512,385
1,275,355
Group Debtors
Misc Debtors
50,107
106
85
40,523
Cash
1,051
868
3,286,914
682
460
79
misc current assets
total current assets
1,052
1,074,802
3,773,925
4,751,404
512,930
1,315,958
total assets
67,058,704
72,696,308
63,660,858
74,931,253
65,404,581
47,336,385
Bank overdraft
Bank loan
Trade Creditors
4,005
367,427
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
56,161
753,717
3,606,511
482,785
433,942
96,472
total current liabilities
56,162
753,717
3,606,511
482,785
437,947
463,900
loans
31,063,786
39,718,911
57,177,826
56,579,117
46,753,995
45,671,952
hp & lease commitments
Accruals and Deferred Income
1,642,257
other liabilities
34,673,985
28,301,593
13,447,112
17,987,552
14,943,086
1,269,769
provisions
total long term liabilities
65,737,772
68,020,504
70,624,938
74,566,670
61,697,081
48,583,979
total liabilities
65,793,934
68,774,221
74,231,449
75,049,455
62,135,028
49,047,879
net assets
1,264,770
3,922,087
-10,570,592
-118,203
3,269,554
-1,711,494
total shareholders funds
1,264,770
3,922,086
-10,570,592
-118,202
3,269,553
-1,711,494
Nov 2023
Nov 2022
Nov 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-288,617
114,539
-6,973,784
166,348
8,107,459
-69,327
Depreciation
2,338,637
3,221,875
2,987,789
3,538,877
2,597,136
1,009,093
Amortisation
1,988,462
2,334,281
761,692
414,879
Tax
1,392,730
5,139,402
Stock
Debtors
318,796
5,726,325
-4,263,711
4,238,251
-803,408
1,315,878
Creditors
-4,005
-363,422
367,427
Accruals and Deferred Income
-697,556
-2,852,794
3,123,726
48,843
-1,304,787
1,738,729
Deferred Taxes & Provisions
Cash flow from operations
2,426,398
-103,303
5,389,904
1,846,093
10,601,486
2,144,923
Investing Activities
capital expenditure
2,225,217
-14,956,447
5,316,665
-11,161,357
-22,230,051
-47,444,400
Change in Investments
-3,617,947
10,406,536
-2,803,100
-413,595
11,166,789
cash flow from investments
5,843,164
-25,362,983
8,119,765
-10,747,762
-33,396,840
-47,444,400
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-8,655,125
-17,458,915
598,709
9,825,122
1,082,043
45,671,952
Hire Purchase and Lease Commitments
other long term liabilities
6,372,392
14,854,481
-4,540,440
3,044,466
13,673,317
1,269,769
share issue
13,059,415
8,955
562,363
17,180
86
interest
-3,761,429
-3,820,679
-3,487,560
-4,116,466
-3,143,592
-1,642,257
cash flow from financing
-6,044,162
6,634,302
-7,420,336
9,315,485
11,628,948
45,299,550
cash and cash equivalents
cash
183
-3,286,046
3,286,232
222
381
79
overdraft
change in cash
183
-3,286,046
3,286,232
222
381
79
sprite aviation no.4 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 sprite aviation no.4 designated activity company. Get real-time insights into sprite aviation no.4 designated activity company's credit score, group structure and payment trends.
Sprite Aviation No.4 Designated Activity Company Competitor Analysis
Perform a competitor analysis for sprite aviation no.4 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.
sprite aviation no.4 designated activity company Ownership
SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY group structure
Sprite Aviation No.4 Designated Activity Company has no subsidiary companies.
Ultimate parent company
SPRITE 2021-1 LTD
#0144171
1 parent
SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY
IE610539
SPRITE AVIATION NO.4 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Sprite Aviation No.4 Designated Activity Company is Sprite 2021-1 Limited.
sprite 2021-1 limited
100%
sprite aviation no.4 designated activity company directors
Sprite Aviation No.4 Designated Activity Company currently has 3 directors.
The longest serving directors include
EOIN DONELLAN (Aug 2017) and
RONAN REILLY (May 2018).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023
net assets
1.3m
-0.68%
total assets
67.1m
-0.08%
cash
1.1k
+0.21%
net assets
Total assets minus all liabilities
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sprite aviation no.4 designated activity company company details
company number
IE610539
Type
DAC - DESIGNATED ACTIVITY COMPANY (LIMITED BY SHARES)
industry
77351 - Renting and leasing of passenger air transport equipment
incorporation date
August 2017
age
8
incorporated
IE
ultimate parent company
SPRITE 2021-1 LTD
accounts
Full Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
KPMG
address
rocktwist house, block 1, western business park shannon co clare ireland, shannon clare ireland, 607024
Bank
HSBC CONTINENTAL EUROPE
Legal Advisor
MATHESON
sprite aviation no.4 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 found 8 charges/mortgages relating to sprite aviation no.4 designated activity company. Currently there are 0 open charges and 8 have been satisfied in the past.
sprite aviation no.4 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.
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sprite aviation no.4 designated activity companyCompanies House Filings - See Documents
