Pomanda estimates the enterprise value of PORTSTEWART CONVENTION at £50k based on a Turnover of £85.6k and 0.58x industry multiple (adjusted for size and gross margin).
portstewart conventionEstimated Valuation
£73k
Pomanda estimates the enterprise value of PORTSTEWART CONVENTION at £73k based on an EBITDA of £17.5k and a 4.18x industry multiple (adjusted for size and gross margin).
portstewart conventionEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of PORTSTEWART CONVENTION at £1.4m based on Net Assets of £592.3k and 2.43x industry multiple (adjusted for liquidity).
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Portstewart ConventionOverview
Portstewart Convention is a live company located in ballymena, BT42 3RB with a Companies House number of NI661299. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in May 2019, it's largest shareholder is
unknown.
Portstewart Convention is a young,
micro sized company, Pomanda has estimated its turnover at
£85.6k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Portstewart Convention a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
3 Weak
Size
annual sales of £85.6k, make it smaller than the average company (£387.6k)
£85.6k - Portstewart Convention
£387.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Portstewart Convention
- - Industry AVG
Production
with a gross margin of 86.9%, this company has a comparable cost of product (86.9%)
86.9% - Portstewart Convention
86.9% - Industry AVG
Profitability
an operating margin of 14.4% make it more profitable than the average company (2%)
14.4% - Portstewart Convention
2% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Portstewart Convention
9 - Industry AVG
Pay Structure
on an average salary of £24.7k, the company has an equivalent pay structure (£24.7k)
£24.7k - Portstewart Convention
£24.7k - Industry AVG
Efficiency
resulting in sales per employee of £42.8k, this is less efficient (£53.3k)
£42.8k - Portstewart Convention
£53.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Portstewart Convention
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Portstewart Convention
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Portstewart Convention
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Portstewart Convention
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Portstewart Convention
- - Industry AVG
PORTSTEWART CONVENTION financials
EXPORT
Portstewart Convention's latest turnover from December 2023 is £85.6 thousand and the company has net assets of £592.3 thousand. According to their latest financial statements, we estimate that Portstewart Convention has 2 employees and maintains cash reserves of £71.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
85,578
647,897
Other Income Or Grants
Cost Of Sales
11,227
61,635
Gross Profit
74,351
586,262
Admin Expenses
61,995
-129,758
Operating Profit
12,356
716,020
Interest Payable
Interest Receivable
Pre-Tax Profit
11,657
580,685
Tax
Profit After Tax
11,657
580,685
Dividends Paid
Retained Profit
11,657
580,685
Employee Costs
49,492
329,287
Number Of Employees
2
14
EBITDA*
17,459
721,690
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
345,927
351,030
Intangible Assets
Investments & Other
175,000
175,000
Debtors (Due After 1 year)
Total Fixed Assets
520,927
526,030
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
4,667
Cash
71,415
49,988
misc current assets
total current assets
71,415
54,655
total assets
592,342
580,685
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
net assets
592,342
580,685
total shareholders funds
592,342
580,685
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
12,356
716,020
Depreciation
5,103
5,670
Amortisation
Tax
Stock
Debtors
-4,667
4,667
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
22,126
717,023
Investing Activities
capital expenditure
-356,700
Change in Investments
175,000
cash flow from investments
-531,700
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
21,427
49,988
overdraft
change in cash
21,427
49,988
portstewart convention 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 portstewart convention. Get real-time insights into portstewart convention's credit score, group structure and payment trends.
Perform a competitor analysis for portstewart convention by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BT42 area or any other competitors across 12 key performance metrics.
portstewart convention Ownership
PORTSTEWART CONVENTION group structure
Portstewart Convention has no subsidiary companies.
Ultimate parent company
PORTSTEWART CONVENTION
NI661299
PORTSTEWART CONVENTION Shareholders
The sole shareholder of Portstewart Convention is -.
-
-
portstewart convention directors
Portstewart Convention currently has 5 directors.
The longest serving directors include
Reverend Darran McCorriston (May 2019) and
Mr James McDonald (May 2019).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
592.3k
+0.02%
total assets
592.3k
+0.02%
cash
71.4k
+0.43%
net assets
Total assets minus all liabilities
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portstewart convention company details
company number
NI661299
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
88990 - Other social work activities without accommodation n.e.c.
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
JOHN MCCLEARY
auditor
-
address
42 rossburn manor, kells, ballymena, BT42 3RB
Bank
-
Legal Advisor
-
portstewart convention 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 portstewart convention.
portstewart convention 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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portstewart conventionCompanies House Filings - See Documents
