cross ocean aviation (intl) holdings designated activity company
Group Structure
View All
Industry
Renting and leasing of passenger air transport equipment
Registered Address
2nd floor block 5, irish life centre, abbey street lower dublin 1 d01 p767 ireland, dublin 1 dublin ireland, 662880
Website
-
vs msn 36118 cav designated activity companyEstimated Valuation
€2.6m
Pomanda estimates the enterprise value of VS MSN 36118 CAV DESIGNATED ACTIVITY COMPANY at €2.6m based on a Turnover of €1.7m and 1.58x industry multiple (adjusted for size and gross margin).
vs msn 36118 cav designated activity companyEstimated Valuation
€466.2k
Pomanda estimates the enterprise value of VS MSN 36118 CAV DESIGNATED ACTIVITY COMPANY at €466.2k based on an EBITDA of €131.3k and a 3.55x industry multiple (adjusted for size and gross margin).
vs msn 36118 cav designated activity companyEstimated Valuation
€0
Pomanda estimates the enterprise value of VS MSN 36118 CAV DESIGNATED ACTIVITY COMPANY at €0 based on Net Assets of €-9m and 2.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Vs Msn 36118 Cav Designated Activity CompanyOverview
Vs Msn 36118 Cav Designated Activity Company is a live company located in abbey street lower dublin 1 d01 p767 ireland, 662880 with a Companies House number of IE625001. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in April 2018, it's largest shareholder is
cross ocean aviation (intl) holdings designated activity company
with a 100% stake. Vs Msn 36118 Cav Designated Activity Company is a young,
small sized company, Pomanda has estimated its turnover at
€1.7m with
declining
growth in recent years.
Vs Msn 36118 Cav Designated Activity Company Health Check
Pomanda's financial health check has awarded Vs Msn 36118 Cav Designated Activity Company a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of €1.7m, make it smaller than the average company (€4m)
€1.7m - Vs Msn 36118 Cav Designated Activity Company
€4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a similar rate (-3.1%)
-3% - Vs Msn 36118 Cav Designated Activity Company
-3.1% - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
67% - Vs Msn 36118 Cav Designated Activity Company
67% - Industry AVG
Profitability
an operating margin of -29.8% make it less profitable than the average company (42.7%)
-29.8% - Vs Msn 36118 Cav Designated Activity Company
42.7% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Vs Msn 36118 Cav Designated Activity Company
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Vs Msn 36118 Cav Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €557.8k, this is less efficient (€808.3k)
€557.8k - Vs Msn 36118 Cav Designated Activity Company
€808.3k - Industry AVG
Debtor Days
it gets paid by customers after 637 days, this is later than average (46 days)
637 days - Vs Msn 36118 Cav Designated Activity Company
46 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (22 days)
72 days - Vs Msn 36118 Cav Designated Activity Company
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vs Msn 36118 Cav Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is more cash available to meet short term requirements (2 weeks)
17 weeks - Vs Msn 36118 Cav Designated Activity Company
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 201.4%, this is a higher level of debt than the average (99.4%)
201.4% - Vs Msn 36118 Cav Designated Activity Company
99.4% - Industry AVG
VS MSN 36118 CAV DESIGNATED ACTIVITY COMPANY financials
EXPORT
Vs Msn 36118 Cav Designated Activity Company's latest turnover from December 2023 is €1.7 million and the company has net assets of -€9 million. According to their latest financial statements, we estimate that Vs Msn 36118 Cav Designated Activity Company has 3 employees and maintains cash reserves of €292.6 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
Turnover
1,673,315
1,673,315
1,737,874
1,805,670
1,589,078
1,031,192
Other Income Or Grants
Cost Of Sales
552,959
538,243
605,063
635,928
553,705
392,999
Gross Profit
1,120,356
1,135,072
1,132,811
1,169,742
1,035,373
638,193
Admin Expenses
1,618,838
4,672,008
697,645
4,460,983
615,914
635,074
Operating Profit
-498,482
-3,536,936
435,166
-3,291,241
419,459
3,119
Interest Payable
1,082,216
1,226,789
1,067,806
950,973
414,345
650,131
Interest Receivable
Pre-Tax Profit
-1,580,698
-4,763,725
-632,640
-4,242,213
5,114
3,369
Tax
-426
-842
Profit After Tax
-1,580,698
-4,763,725
-632,640
-4,242,213
4,687
2,526
Dividends Paid
Retained Profit
-1,580,698
-4,763,725
-632,640
-4,242,213
4,687
2,526
Employee Costs
Number Of Employees
3
2
2
2
2
1
EBITDA*
131,260
954,431
2,033,892
587,503
1,553,655
380,170
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
5,667,680
6,297,422
12,587,864
13,251,798
14,421,559
15,370,834
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,667,679
6,297,421
12,587,864
13,251,798
14,421,558
15,370,835
Stock & work in progress
Trade Debtors
2,921,964
2,307,433
1,125,536
1,178,010
Group Debtors
1
Misc Debtors
8,989
5,103
31,344
952,415
342,128
299,128
Cash
292,629
83,540
491,356
493,692
448,598
misc current assets
total current assets
3,223,583
2,396,077
1,648,237
2,624,118
790,728
299,128
total assets
8,891,262
8,693,498
14,236,101
15,875,916
15,212,286
15,669,963
Bank overdraft
Bank loan
Trade Creditors
109,888
67,866
52,652
18,930
6,699
Group/Directors Accounts
1
2
other short term finances
740,356
9,323
316,862
849,736
220,033
hp & lease commitments
132,100
130,530
other current liabilities
5,703
4,498
20,349
1,129,828
672,667
total current liabilities
855,948
81,688
389,864
1,998,497
358,833
803,199
loans
12,670,380
12,926,775
11,934,625
11,163,680
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,380,497
3,151,388
16,667,151
4,850,332
3,682,528
14,864,237
provisions
total long term liabilities
17,050,877
16,078,163
16,667,152
16,784,957
14,846,208
14,864,237
total liabilities
17,906,825
16,159,851
17,057,016
18,783,454
15,205,041
15,667,436
net assets
-9,015,564
-7,466,353
-2,820,915
-2,907,537
7,245
2,527
total shareholders funds
-9,015,564
-7,466,353
-2,820,915
-2,907,537
7,245
2,527
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-498,482
-3,536,936
435,166
-3,291,241
419,459
3,119
Depreciation
629,742
4,491,367
1,598,727
3,878,744
1,134,196
377,051
Amortisation
Tax
-426
-842
Stock
Debtors
618,417
1,155,656
-973,545
1,788,296
43,001
299,128
Creditors
42,022
15,214
33,722
12,231
6,699
Accruals and Deferred Income
1,205
-15,851
-1,109,479
1,129,828
-672,667
672,667
Deferred Taxes & Provisions
Cash flow from operations
-443,930
-201,862
1,931,681
-58,734
844,260
752,867
Investing Activities
capital expenditure
1,799,075
-934,793
-2,708,983
-184,921
-15,747,885
Change in Investments
cash flow from investments
1,799,075
-934,793
-2,708,983
-184,921
-15,747,885
Financing Activities
Bank loans
Group/Directors Accounts
-1
-1
2
Other Short Term Loans
731,033
-307,539
-532,874
629,703
220,033
Long term loans
-256,395
12,926,775
-11,934,625
770,945
11,163,680
Hire Purchase and Lease Commitments
-132,100
1,570
130,530
other long term liabilities
1,229,109
-13,515,763
11,816,819
1,167,804
-11,181,709
14,864,237
share issue
31,487
118,287
719,263
1,327,430
31
1
interest
-1,082,216
-1,226,789
-1,067,806
-950,973
-414,345
-650,131
cash flow from financing
653,018
-2,005,030
-999,224
2,812,811
-210,740
14,344,637
cash and cash equivalents
cash
209,089
-407,816
-2,336
45,094
448,598
overdraft
change in cash
209,089
-407,816
-2,336
45,094
448,598
vs msn 36118 cav 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 vs msn 36118 cav designated activity company. Get real-time insights into vs msn 36118 cav designated activity company's credit score, group structure and payment trends.
Vs Msn 36118 Cav Designated Activity Company Competitor Analysis
Perform a competitor analysis for vs msn 36118 cav 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.
vs msn 36118 cav designated activity company Ownership
VS MSN 36118 CAV DESIGNATED ACTIVITY COMPANY group structure
Vs Msn 36118 Cav Designated Activity Company has no subsidiary companies.
VS MSN 36118 CAV DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Vs Msn 36118 Cav Designated Activity Company is Cross Ocean Aviation (Intl) Holdings Designated Activity Company.
cross ocean aviation (intl) holdings designated activity company
100%
vs msn 36118 cav designated activity company directors
Vs Msn 36118 Cav Designated Activity Company currently has 4 directors.
The longest serving directors include
FERGAL MOLONY (Jan 2020) and
DAVID O'BRIEN (Jan 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-9m
+0.21%
total assets
8.9m
+0.02%
cash
292.6k
+2.5%
net assets
Total assets minus all liabilities
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vs msn 36118 cav designated activity company company details
company number
IE625001
Type
DAC - DESIGNATED ACTIVITY COMPANY (LIMITED BY SHARES)
industry
77351 - Renting and leasing of passenger air transport equipment
incorporation date
April 2018
age
7
incorporated
IE
ultimate parent company
CROSS OCEAN AVIATION FUND I CAYMAN FEEDE
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
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
vs msn 36118 cav 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 1 charges/mortgages relating to vs msn 36118 cav designated activity company. Currently there are 0 open charges and 1 have been satisfied in the past.
vs msn 36118 cav 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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vs msn 36118 cav designated activity companyCompanies House Filings - See Documents
