Seawave Leasing Limited

POWER SEARCH PRICING

SOLUTIONS

seawave leasing limited Company Information

Live

MatureSmallDeclining

Company Number

SC256208

Website

Registered Address

28 broad street, peterhead, AB42 1BY

Industry

Marine fishing

Telephone

Next Accounts Due

September 2025

Group Structure

View All

Directors

Elaine McIntosh17 Years

Marion Ritchie4 Years

View All

Shareholders

william mcintosh 50%

elaine sinclair mcintosh 50%

seawave leasing limited Estimated Valuation

£675.6k

Pomanda estimates the enterprise value of SEAWAVE LEASING LIMITED at £675.6k based on Net Assets of £373.4k and 1.81x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Seawave Leasing Limited is a live company located in peterhead, AB42 1BY with a Companies House number of SC256208. It operates in the marine fishing sector, SIC Code 03110. Founded in September 2003, it's largest shareholder is william mcintosh with a 50% stake. Seawave Leasing Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Seawave Leasing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

1 Regular

6 Weak

Size

annual sales of £1.3m, make it smaller than the average company (£12.6m)

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.2%)

EXPORT

Seawave Leasing Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £373.4 thousand. According to their latest financial statements, Seawave Leasing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	1,339,719	1,521,590	1,803,728	1,579,490	2,204,048	1,967,275	2,806,647	621,266	367,187	1,122,793	1,557,075	2,043,889	2,329,444	1,274,970	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,214,480	1,349,219	1,578,963	1,387,684	1,926,241	1,743,672	2,442,113	545,878	326,089	966,793	1,444,600	1,929,684	2,202,814	1,202,004	0
Gross Profit	125,239	172,371	224,765	191,806	277,807	223,603	364,534	75,388	41,098	156,001	112,475	114,205	126,630	72,966	0
Admin Expenses	138,651	226,389	214,409	248,392	318,440	458,782	-322,335	84,914	67,444	145,677	92,782	86,684	62,568	31,084	-168,439
Operating Profit	-13,412	-54,018	10,356	-56,586	-40,633	-235,179	686,869	-9,526	-26,346	10,324	19,693	27,521	64,062	41,882	168,439
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	52	195	209	223	204	271	348	175
Pre-Tax Profit	-13,412	-54,018	10,356	-56,586	-40,633	-235,179	686,869	-9,474	-26,151	10,533	19,917	27,725	64,332	42,229	168,614
Tax	0	0	-1,968	0	0	0	-130,505	0	0	-2,212	-4,581	-6,654	-16,726	-11,824	-47,212
Profit After Tax	-13,412	-54,018	8,388	-56,586	-40,633	-235,179	556,364	-9,474	-26,151	8,321	15,336	21,071	47,606	30,405	121,402
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-13,412	-54,018	8,388	-56,586	-40,633	-235,179	556,364	-9,474	-26,151	8,321	15,336	21,071	47,606	30,405	121,402
Employee Costs	95,154	84,636	78,021	88,726	86,195	81,913	72,461	35,950	37,184	36,756	37,306	67,159	62,424	29,805	0
Number Of Employees	2	2	2	2	2	2	2	1	1	1	1	2	2	1	0
EBITDA*	-13,412	-54,018	10,356	-56,586	-40,633	-235,179	686,869	-9,526	-23,981	12,844	22,844	27,894	64,213	42,032	168,629

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	0	0	0	15,410	20,060	16,660	18,850	167,964	12,285	10,445	12,595	1,555	1,055	610	760
Intangible Assets	0	0	0	0	0	0	0	0	142,369	142,369	142,369	142,369	136,369	142,369	142,369
Investments & Other	0	0	0	0	0	0	0	0	3,840	3,840	3,840	3,840	3,840	3,840	3,840
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	15,410	20,060	16,660	18,850	167,964	158,494	156,654	158,804	147,764	141,264	146,819	146,969
Stock & work in progress	0	0	0	0	0	0	0	0	126,351	51,051	80,000	0	0	0	0
Trade Debtors	460,211	476,866	545,333	512,849	543,385	519,478	949,069	103,958	4,972	206,191	240,370	306,797	345,964	146,127	129,367
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	73,637	0	74,313	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	41,677	36,473	47,086	42,311	39,325	69,005	70,016
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	460,211	476,866	545,333	512,849	543,385	593,115	949,069	178,271	173,000	293,715	367,456	349,108	385,289	215,132	199,383
total assets	460,211	476,866	545,333	528,259	563,445	609,775	967,919	346,235	331,494	450,369	526,260	496,872	526,553	361,951	346,352
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	86,771	90,014	104,463	95,777	74,377	80,074	203,039	137,719	113,502	206,226	290,438	276,386	327,138	210,142	39,677
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	185,271
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	86,771	90,014	104,463	95,777	74,377	80,074	203,039	137,719	113,502	206,226	290,438	276,386	327,138	210,142	224,948
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	86,771	90,014	104,463	95,777	74,377	80,074	203,039	137,719	113,502	206,226	290,438	276,386	327,138	210,142	224,948
net assets	373,440	386,852	440,870	432,482	489,068	529,701	764,880	208,516	217,992	244,143	235,822	220,486	199,415	151,809	121,404
total shareholders funds	373,440	386,852	440,870	432,482	489,068	529,701	764,880	208,516	217,992	244,143	235,822	220,486	199,415	151,809	121,404

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-13,412	-54,018	10,356	-56,586	-40,633	-235,179	686,869	-9,526	-26,346	10,324	19,693	27,521	64,062	41,882	168,439
Depreciation	0	0	0	0	0	0	0	0	2,365	2,520	3,151	373	151	150	190
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-1,968	0	0	0	-130,505	0	0	-2,212	-4,581	-6,654	-16,726	-11,824	-47,212
Stock	0	0	0	0	0	0	0	-126,351	75,300	-28,949	80,000	0	0	0	0
Debtors	-16,655	-68,467	32,484	-30,536	-49,730	-355,954	770,798	173,299	-201,219	-34,179	-66,427	-39,167	199,837	16,760	129,367
Creditors	-3,243	-14,449	8,686	21,400	-5,697	-122,965	65,320	24,217	-92,724	-84,212	14,052	-50,752	116,996	170,465	39,677
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	0	0	-15,410	-4,650	3,400	-2,190	-149,114	-32,257	9,214	-10,452	18,742	9,655	-35,354	183,913	31,727
Investing Activities
capital expenditure	0	0	15,410	4,650	-3,400	2,190	149,114	-13,310	-4,205	-370	-14,191	-6,873	5,404	0	-143,319
Change in Investments	0	0	0	0	0	0	0	-3,840	0	0	0	0	0	0	3,840
cash flow from investments	0	0	15,410	4,650	-3,400	2,190	149,114	-9,470	-4,205	-370	-14,191	-6,873	5,404	0	-147,159
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	-185,271	185,271
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	-2	0	0	0	0	0	0	2
interest	0	0	0	0	0	0	0	52	195	209	223	204	271	348	175
cash flow from financing	0	0	0	0	0	0	0	50	195	209	223	204	271	-184,923	185,448
cash and cash equivalents
cash	0	0	0	0	0	0	0	-41,677	5,204	-10,613	4,775	2,986	-29,680	-1,011	70,016
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-41,677	5,204	-10,613	4,775	2,986	-29,680	-1,011	70,016

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for seawave leasing limited. Get real-time insights into seawave leasing limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for seawave leasing limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

SEAWAVE LEASING LIMITED group structure

Seawave Leasing Limited has 1 subsidiary company.

Ultimate parent company

SEAWAVE LEASING LIMITED

SC256208

1 subsidiary

MV DAISY LIMITED

SC321074

SEAWAVE LEASING LIMITED Shareholders

william mcintosh	50%
elaine sinclair mcintosh	50%

Seawave Leasing Limited currently has 3 directors. The longest serving directors include Mrs Elaine McIntosh (Sep 2006) and Mrs Marion Ritchie (Sep 2019).

officer	country	age	start	end	role
Mrs Elaine McIntosh	Scotland	67 years	Sep 2006	-	Director
Mrs Marion Ritchie	Scotland	45 years	Sep 2019	-	Director
Mrs Marion Ritchie	Scotland	45 years	Sep 2019	-	Director

P&L

December 2023

turnover

1.3m

-12%

operating profit

-13.4k

gross margin

9.4%

-17.48%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

373.4k

-0.03%

total assets

460.2k

-0.03%

cash

net assets

Total assets minus all liabilities

Similar Companies

Agree?

andoo limited

fo'con scotland ltd.

skye shellfish co ltd

wyvis fishing company limited

sgs (fishing) limited

company number

SC256208

Type

Private limited with Share Capital

industry

03110 - Marine fishing

incorporation date

September 2003

age

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

28 broad street, peterhead, AB42 1BY

last accounts submitted

December 2023

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 seawave leasing limited.

seawave leasing limited Company Information

seawave leasing limited Estimated Valuation

seawave leasing limited Estimated Valuation

seawave leasing limited Estimated Valuation

Seawave Leasing Limited Overview

Seawave Leasing Limited Health Check

SEAWAVE LEASING LIMITED financials

seawave leasing limited Credit Report and Business Information

Seawave Leasing Limited Competitor Analysis

seawave leasing limited Ownership

seawave leasing limited directors

seawave leasing limited company details

seawave leasing limited Charges & Mortgages

seawave leasing limited Companies House Filings - See Documents