belfast international watersports limitedEstimated Valuation
£469.1k
Pomanda estimates the enterprise value of BELFAST INTERNATIONAL WATERSPORTS LIMITED at £469.1k based on a Turnover of £2.3m and 0.21x industry multiple (adjusted for size and gross margin).
belfast international watersports limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of BELFAST INTERNATIONAL WATERSPORTS LIMITED at £0 based on an EBITDA of £-298.2k and a 0.94x industry multiple (adjusted for size and gross margin).
belfast international watersports limitedEstimated Valuation
£6.5m
Pomanda estimates the enterprise value of BELFAST INTERNATIONAL WATERSPORTS LIMITED at £6.5m based on Net Assets of £4.1m and 1.59x industry multiple (adjusted for liquidity).
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Belfast International Watersports LimitedOverview
Belfast International Watersports Limited is a live company located in belfast, BT1 1FB with a Companies House number of NI643375. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in January 2017, it's largest shareholder is
denvir holdings limited
with a 100% stake. Belfast International Watersports Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.3m with
healthy
growth in recent years.
Belfast International Watersports Limited Health Check
Pomanda's financial health check has awarded Belfast International Watersports Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £2.3m, make it larger than the average company (£692.6k)
£2.3m - Belfast International Watersports Limited
£692.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.7%)
6% - Belfast International Watersports Limited
3.7% - Industry AVG
Production
with a gross margin of -28%, this company has a higher cost of product (56.9%)
-28% - Belfast International Watersports Limited
56.9% - Industry AVG
Profitability
an operating margin of -68.6% make it less profitable than the average company (2.1%)
-68.6% - Belfast International Watersports Limited
2.1% - Industry AVG
Employees
with 53 employees, this is above the industry average (24)
53 - Belfast International Watersports Limited
24 - Industry AVG
Pay Structure
on an average salary of £14.3k, the company has a lower pay structure (£19.7k)
£14.3k - Belfast International Watersports Limited
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is equally as efficient (£43.2k)
£42.5k - Belfast International Watersports Limited
£43.2k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (9 days)
5 days - Belfast International Watersports Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 165 days, this is slower than average (45 days)
165 days - Belfast International Watersports Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is more than average (14 days)
21 days - Belfast International Watersports Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (41 weeks)
3 weeks - Belfast International Watersports Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.6%, this is a similar level of debt than the average (47.3%)
43.6% - Belfast International Watersports Limited
47.3% - Industry AVG
BELFAST INTERNATIONAL WATERSPORTS LIMITED financials
EXPORT
Belfast International Watersports Limited's latest turnover from June 2023 is £2.3 million and the company has net assets of £4.1 million. According to their latest financial statements, we estimate that Belfast International Watersports Limited has 53 employees and maintains cash reserves of £102.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Turnover
2,251,253
3,848,952
2,233,158
1,884,023
1,463,758
317,282
75,011
Other Income Or Grants
Cost Of Sales
2,882,426
2,859,273
905,049
763,149
565,172
108,063
26,357
Gross Profit
-631,173
989,679
1,328,109
1,120,874
898,586
209,219
48,654
Admin Expenses
913,700
665,461
1,077,670
1,356,248
1,109,758
485,384
150,691
Operating Profit
-1,544,873
324,218
250,439
-235,374
-211,172
-276,165
-102,037
Interest Payable
171,183
Interest Receivable
493
128
723
141
3
Pre-Tax Profit
4,455,127
324,218
79,749
-235,246
-210,449
-276,024
-102,034
Tax
146,029
-109,473
-15,152
Profit After Tax
4,601,156
214,745
64,597
-235,246
-210,449
-276,024
-102,034
Dividends Paid
Retained Profit
4,601,156
214,745
64,597
-235,246
-210,449
-276,024
-102,034
Employee Costs
756,950
2,328,886
1,985,813
1,084,900
439,516
159,279
36,905
Number Of Employees
53
122
111
60
25
9
2
EBITDA*
-298,223
1,408,431
1,132,657
409,990
223,117
-276,165
-84,639
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Tangible Assets
6,621,781
6,442,981
5,742,493
4,629,126
3,630,951
1,492,836
557,011
Intangible Assets
11,506
12,944
14,382
4,843
Investments & Other
45,439
8,883
89,447
Debtors (Due After 1 year)
Total Fixed Assets
6,678,726
6,455,925
5,765,758
4,723,416
3,630,951
1,492,836
557,011
Stock & work in progress
166,279
237,487
97,173
76,578
118,095
11,799
Trade Debtors
33,947
21,631
24,305
66,479
Group Debtors
10,494
Misc Debtors
211,989
67,508
158,075
109,292
198,250
7,365
Cash
102,833
265,624
868,501
117,960
138,923
53,817
2,714
misc current assets
total current assets
515,048
592,250
1,148,054
314,324
521,747
102,898
10,079
total assets
7,193,774
7,048,175
6,913,812
5,037,740
4,152,698
1,595,734
567,090
Bank overdraft
Bank loan
Trade Creditors
1,303,512
224,521
350,756
240,715
372,401
107,405
29,180
Group/Directors Accounts
257,336
542,346
492,919
5,331,643
4,147,919
1,806,749
639,612
other short term finances
hp & lease commitments
other current liabilities
15,122
772,012
1,216,744
289,133
220,883
330
total current liabilities
1,575,970
1,538,879
2,060,419
5,861,491
4,741,203
1,973,790
669,122
loans
1,561,057
5,953,115
5,612,547
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
100,590
total long term liabilities
1,561,057
6,053,705
5,612,547
total liabilities
3,137,027
7,592,584
7,672,966
5,861,491
4,741,203
1,973,790
669,122
net assets
4,056,747
-544,409
-759,154
-823,751
-588,505
-378,056
-102,032
total shareholders funds
4,056,747
-544,409
-759,154
-823,751
-588,505
-378,056
-102,032
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Operating Activities
Operating Profit
-1,544,873
324,218
250,439
-235,374
-211,172
-276,165
-102,037
Depreciation
1,245,212
1,084,213
882,218
645,364
434,289
17,398
Amortisation
1,438
Tax
146,029
-109,473
-15,152
Stock
-71,208
140,314
20,595
-41,517
106,296
11,799
Debtors
156,797
-93,241
62,594
-144,943
161,831
95,533
7,365
Creditors
1,078,991
-126,235
110,041
-131,686
264,996
78,225
29,180
Accruals and Deferred Income
-756,890
-444,732
927,611
68,250
220,883
-330
330
Deferred Taxes & Provisions
-100,590
100,590
Cash flow from operations
-16,272
781,508
2,071,968
533,014
440,869
-305,602
-62,494
Investing Activities
capital expenditure
-1,783,263
-2,005,124
-1,648,382
-2,572,404
-935,825
-574,409
Change in Investments
45,439
-8,883
-80,564
89,447
cash flow from investments
-45,439
-1,774,380
-1,924,560
-1,737,829
-2,572,404
-935,825
-574,409
Financing Activities
Bank loans
Group/Directors Accounts
-285,010
49,427
-4,838,724
1,183,724
2,341,170
1,167,137
639,612
Other Short Term Loans
Long term loans
-4,392,058
340,568
5,612,547
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
-170,690
128
723
141
3
cash flow from financing
-4,677,068
389,995
603,133
1,183,852
2,341,893
1,167,278
639,617
cash and cash equivalents
cash
-162,791
-602,877
750,541
-20,963
85,106
51,103
2,714
overdraft
change in cash
-162,791
-602,877
750,541
-20,963
85,106
51,103
2,714
belfast international watersports limited 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 belfast international watersports limited. Get real-time insights into belfast international watersports limited's credit score, group structure and payment trends.
Belfast International Watersports Limited Competitor Analysis
Perform a competitor analysis for belfast international watersports limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in BT1 area or any other competitors across 12 key performance metrics.
belfast international watersports limited Ownership
BELFAST INTERNATIONAL WATERSPORTS LIMITED group structure
Belfast International Watersports Limited has no subsidiary companies.
BELFAST INTERNATIONAL WATERSPORTS LIMITED Shareholders
The sole shareholder of Belfast International Watersports Limited is Denvir Holdings Limited.
denvir holdings limited
100%
belfast international watersports limited directors
Belfast International Watersports Limited currently has 2 directors.
The longest serving directors include
Mr Peter Boyle (Jan 2017) and
Ms Ciara Denvir (Jan 2017).
belfast international watersports limited 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 belfast international watersports limited.
belfast international watersports limited 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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belfast international watersports limitedCompanies House Filings - See Documents
