Pomanda estimates the enterprise value of CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY at €1.2m based on a Turnover of €784k and 1.54x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY at €0 based on an EBITDA of €-1.3m and a 3.48x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY at €2m based on Net Assets of €925.1k and 2.12x industry multiple (adjusted for liquidity).
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Cross Ocean Aviation 8 Designated Activity Company is a live company located in abbey street lower. It operates in the renting and leasing of air passenger transport equipment sector, SIC Code 77351. Founded in April 2021, it's largest shareholder is
cross ocean aviation (intl) holdings designated activity company
with a 100% stake. Cross Ocean Aviation 8 Designated Activity Company is a startup,
small sized company, Pomanda has estimated its turnover at
€784k with
unknown
growth in recent years.
Cross Ocean Aviation 8 Designated Activity Company Health Check
Pomanda's financial health check has awarded Cross Ocean Aviation 8 Designated Activity Company a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
3 Regular
3 Weak
Size
annual sales of €784k, make it smaller than the average company (€4m)
€784k - Cross Ocean Aviation 8 Designated Activity Company
€4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation 8 Designated Activity Company
- - Industry AVG
Production
with a gross margin of 67%, this company has a comparable cost of product (67%)
67% - Cross Ocean Aviation 8 Designated Activity Company
67% - Industry AVG
Profitability
an operating margin of -169.6% make it less profitable than the average company (42.7%)
-169.6% - Cross Ocean Aviation 8 Designated Activity Company
42.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Cross Ocean Aviation 8 Designated Activity Company
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation 8 Designated Activity Company
- - Industry AVG
Efficiency
resulting in sales per employee of €784k, this is equally as efficient (€808.3k)
€784k - Cross Ocean Aviation 8 Designated Activity Company
€808.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation 8 Designated Activity Company
- - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (22 days)
74 days - Cross Ocean Aviation 8 Designated Activity Company
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cross Ocean Aviation 8 Designated Activity Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 11 weeks, this is more cash available to meet short term requirements (2 weeks)
11 weeks - Cross Ocean Aviation 8 Designated Activity Company
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a similar level of debt than the average (99.4%)
95.2% - Cross Ocean Aviation 8 Designated Activity Company
99.4% - Industry AVG
CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY financials
EXPORT
Cross Ocean Aviation 8 Designated Activity Company's latest turnover from December 2023 is €784 thousand and the company has net assets of €925.1 thousand. According to their latest financial statements, we estimate that Cross Ocean Aviation 8 Designated Activity Company has 1 employee and maintains cash reserves of €29.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
783,955
1,873,033
946,502
Other Income Or Grants
Cost Of Sales
259,064
602,485
329,537
Gross Profit
524,892
1,270,548
616,966
Admin Expenses
1,854,617
-1,660,059
491,812
Operating Profit
-1,329,725
2,930,607
125,154
Interest Payable
2,929,707
531,194
Interest Receivable
Pre-Tax Profit
-1,329,725
900
-406,040
Tax
Profit After Tax
-1,329,725
900
-406,040
Dividends Paid
Retained Profit
-1,329,725
900
-406,040
Employee Costs
Number Of Employees
1
3
1
EBITDA*
-1,329,725
3,047,569
756,752
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
19,237,263
12,034,727
18,658,215
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
19,237,262
12,034,726
18,658,215
Stock & work in progress
Trade Debtors
Group Debtors
85,872
Misc Debtors
9,178
10,349
4,853
Cash
29,331
290,637
289,777
misc current assets
total current assets
124,383
300,987
294,631
total assets
19,361,645
12,335,713
18,952,846
Bank overdraft
Bank loan
Trade Creditors
52,565
27,641
30,552
Group/Directors Accounts
1
other short term finances
hp & lease commitments
75,524
125,875
130,732
other current liabilities
8,504
38,976
137,044
total current liabilities
136,595
192,494
298,329
loans
18,299,914
9,888,358
32,627,188
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
18,299,914
9,888,358
16,313,594
total liabilities
18,436,509
10,080,852
16,611,923
net assets
925,136
2,254,861
2,340,924
total shareholders funds
925,136
2,254,861
2,340,923
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
-1,329,725
2,930,607
125,154
Depreciation
116,962
631,598
Amortisation
Tax
Stock
Debtors
84,702
5,496
4,853
Creditors
24,924
-2,911
30,552
Accruals and Deferred Income
-30,472
-98,068
137,044
Deferred Taxes & Provisions
Cash flow from operations
-1,419,975
2,941,094
919,495
Investing Activities
capital expenditure
-7,202,536
6,506,526
-19,289,813
Change in Investments
cash flow from investments
-7,202,536
6,506,526
-19,289,813
Financing Activities
Bank loans
Group/Directors Accounts
-1
Other Short Term Loans
Long term loans
8,411,556
-22,738,830
32,627,188
Hire Purchase and Lease Commitments
-50,351
-4,857
130,732
other long term liabilities
share issue
-86,962
2,746,963
interest
-2,929,707
-531,194
cash flow from financing
8,361,204
-25,760,356
34,973,689
cash and cash equivalents
cash
-261,306
860
289,777
overdraft
change in cash
-261,306
860
289,777
cross ocean aviation 8 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 8 designated activity company. Get real-time insights into cross ocean aviation 8 designated activity company's credit score, group structure and payment trends.
Cross Ocean Aviation 8 Designated Activity Company Competitor Analysis
Perform a competitor analysis for cross ocean aviation 8 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 8 designated activity company Ownership
CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY group structure
Cross Ocean Aviation 8 Designated Activity Company has no subsidiary companies.
CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY
IE692988
CROSS OCEAN AVIATION 8 DESIGNATED ACTIVITY COMPANY Shareholders
The sole shareholder of Cross Ocean Aviation 8 Designated Activity Company is Cross Ocean Aviation (Intl) Holdings Designated Activity Company.
cross ocean aviation (intl) holdings designated activity company
100%
cross ocean aviation 8 designated activity company directors
Cross Ocean Aviation 8 Designated Activity Company currently has 4 directors.
The longest serving directors include
Fergal Molony (Apr 2021) and
David O'Brien (Apr 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
925.1k
-0.59%
total assets
19.4m
+0.57%
cash
29.3k
-0.9%
net assets
Total assets minus all liabilities
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cross ocean aviation 8 designated activity company company details
company number
IE692988
Type
DAC - DESIGNATED ACTIVITY COMPANY (LIMITED BY SHARES)
industry
77351 - Renting and leasing of passenger air transport equipment
incorporation date
April 2021
age
4
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 dublin ireland
Bank
THE BANK OF NEW YORK
Legal Advisor
MAPLES AND CALDER (IRELAND) LLP
cross ocean aviation 8 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 8 designated activity company.
cross ocean aviation 8 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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cross ocean aviation 8 designated activity companyCompanies House Filings - See Documents
