Carotino (eu) Limited

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carotino (eu) limited Company Information

Live

MatureMidDeclining

Company Number

03409903

Website

www.carotino.com

Registered Address

17/18 trinity enterprise centre, ironworks road, barrow-in-furness, LA14 2PN

Industry

Other food service activities

Telephone

01923333834

Next Accounts Due

March 2025

Group Structure

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Directors

Chu Chang23 Years

View All

Shareholders

carotino sdn bhd 100%

carotino (eu) limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of CAROTINO (EU) LIMITED at £4.6m based on a Turnover of £7.7m and 0.6x industry multiple (adjusted for size and gross margin).

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Carotino (eu) Limited is a live company located in barrow-in-furness, LA14 2PN with a Companies House number of 03409903. It operates in the other food services sector, SIC Code 56290. Founded in July 1997, it's largest shareholder is carotino sdn bhd with a 100% stake. Carotino (eu) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.7m with declining growth in recent years.

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Pomanda's financial health check has awarded Carotino (Eu) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £7.7m, make it larger than the average company (£1.5m)

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.9%)

EXPORT

Carotino (Eu) Limited's latest turnover from June 2023 is estimated at £7.7 million and the company has net assets of -£2 million. According to their latest financial statements, Carotino (Eu) Limited has 1 employee and maintains cash reserves of £210.7 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	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	7,692,832	7,139,563	9,317,473	9,194,977	9,796,074	11,138,392	9,791,552	9,276,638	10,546,833	7,522,231	8,428,271	921,188	794,225	682,783
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,669,633	5,214,588	7,015,969	6,726,563	7,277,264	8,125,768	7,027,098	6,807,879	8,072,812	5,491,498	6,188,624	717,202	626,316	522,453
Gross Profit	2,023,199	1,924,975	2,301,504	2,468,415	2,518,810	3,012,624	2,764,454	2,468,759	2,474,021	2,030,734	2,239,647	203,986	167,909	160,330
Admin Expenses	1,643,828	1,920,662	1,936,207	2,548,140	2,697,362	3,155,106	3,102,243	3,237,828	2,803,164	2,056,204	2,581,748	366,446	269,735	187,384
Operating Profit	379,371	4,313	365,297	-79,725	-178,552	-142,482	-337,789	-769,069	-329,143	-25,470	-342,101	-162,460	-101,826	-27,054
Interest Payable	0	0	0	0	0	0	80	83	0	0	4,735	34,888	0	916
Interest Receivable	8,140	1,365	96	71	361	274	169	301	289	402	348	21	0	0
Pre-Tax Profit	387,511	5,678	365,393	-79,654	-178,191	-142,208	-337,700	-768,851	-328,854	-25,068	-346,488	-197,327	-101,826	-27,970
Tax	-96,878	-1,079	-69,425	0	0	0	0	0	0	0	0	0	0	0
Profit After Tax	290,633	4,599	295,968	-79,654	-178,191	-142,208	-337,700	-768,851	-328,854	-25,068	-346,488	-197,327	-101,826	-27,970
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	290,633	4,599	295,968	-79,654	-178,191	-142,208	-337,700	-768,851	-328,854	-25,068	-346,488	-197,327	-101,826	-27,970
Employee Costs	23,386	20,491	19,592	57,773	140,967	182,956	235,574	132,474	3,062,311	1,903,472	2,168,098	251,655	242,185	178,480
Number Of Employees	1	1	1	3	7	9	11	6	135	92	104	13	12	8
EBITDA*	379,371	4,313	365,868	-79,159	-174,563	-136,248	-330,568	-760,746	-320,486	-17,280	-332,804	-152,820	-98,996	-25,085

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	0	0	0	3,424	9,744	21,777	9,994	13,062	14,221	13,128	16,818	18,136	9,334	6,899
Intangible Assets	0	0	0	0	0	0	63,000	67,500	72,000	76,500	81,000	85,500	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	3,424	9,744	21,777	72,994	80,562	86,221	89,628	97,818	103,636	9,334	6,899
Stock & work in progress	318,567	217,883	181,599	129,215	345,542	306,221	269,685	334,468	210,274	169,870	306,794	484,136	99,471	102,949
Trade Debtors	89,749	169,754	367,005	374,718	287,794	635,637	508,797	469,173	773,655	625,935	560,964	397,748	401,918	208,180
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	19,202	10,875	164,516	162,754	462,297	260,163	446,045	379,427	0	0	0	59,467	26,451	149,119
Cash	210,727	114,871	103,501	88,011	54,905	41,240	68,365	66,513	53,985	61,766	99,065	40,254	46,086	31,565
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	638,245	513,383	816,621	754,698	1,150,538	1,243,261	1,292,892	1,249,581	1,037,914	857,571	966,823	981,605	573,926	491,813
total assets	638,245	513,383	816,621	758,122	1,160,282	1,265,038	1,365,886	1,330,143	1,124,135	947,199	1,064,641	1,085,241	583,260	498,712
Bank overdraft	0	0	0	0	0	0	0	2,561	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	2,516,806	2,706,977	2,685,797	2,915,601	3,430,482	3,379,344	3,142,289	2,773,750	1,998,518	1,492,728	1,598,821	1,252,339	622,283	450,907
Group/Directors Accounts	35,663	35,663	168,663	168,663	168,663	168,663	168,663	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	44,226	19,826	215,843	223,508	31,133	8,836	204,531	197,066	0	0	0	29,842	9,376	32,609
total current liabilities	2,596,695	2,762,466	3,070,303	3,307,772	3,630,278	3,556,843	3,515,483	2,973,377	1,998,518	1,492,728	1,598,821	1,282,181	631,659	483,516
loans	0	0	0	0	0	0	0	0	0	0	0	145,696	96,910	58,679
hp & lease commitments	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
other liabilities	0	0	0	0	0	0	0	168,663	168,663	168,663	154,944	0	0	0
provisions	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	168,663	168,663	168,663	154,944	145,696	96,910	58,679
total liabilities	2,596,695	2,762,466	3,070,303	3,307,772	3,630,278	3,556,843	3,515,483	3,142,040	2,167,181	1,661,391	1,753,765	1,427,877	728,569	542,195
net assets	-1,958,450	-2,249,083	-2,253,682	-2,549,650	-2,469,996	-2,291,805	-2,149,597	-1,811,897	-1,043,046	-714,192	-689,124	-342,636	-145,309	-43,483
total shareholders funds	-1,958,450	-2,249,083	-2,253,682	-2,549,650	-2,469,996	-2,291,805	-2,149,597	-1,811,897	-1,043,046	-714,192	-689,124	-342,636	-145,309	-43,483

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	379,371	4,313	365,297	-79,725	-178,552	-142,482	-337,789	-769,069	-329,143	-25,470	-342,101	-162,460	-101,826	-27,054
Depreciation	0	0	571	566	3,989	1,734	2,721	3,823	4,157	3,690	4,797	5,140	2,830	1,969
Amortisation	0	0	0	0	0	4,500	4,500	4,500	4,500	4,500	4,500	4,500	0	0
Tax	-96,878	-1,079	-69,425	0	0	0	0	0	0	0	0	0	0	0
Stock	100,684	36,284	52,384	-216,327	39,321	36,536	-64,783	124,194	40,404	-136,924	-177,342	384,665	-3,478	102,949
Debtors	-71,678	-350,892	-5,951	-212,619	-145,709	-59,042	106,242	74,945	147,720	64,971	103,749	28,846	71,070	357,299
Creditors	-190,171	21,180	-229,804	-514,881	51,138	237,055	368,539	775,232	505,790	-106,093	346,482	630,056	171,376	450,907
Accruals and Deferred Income	24,400	-196,017	-7,665	192,375	22,297	-195,695	7,465	197,066	0	0	-29,842	20,466	-23,233	32,609
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	87,716	143,005	12,541	27,281	5,260	-72,382	3,977	12,413	-2,820	-51,420	57,429	84,191	-18,445	-1,817
Investing Activities
capital expenditure	0	0	2,853	5,754	8,044	44,983	347	-2,664	-5,250	0	-3,479	-103,942	-5,265	-8,868
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	2,853	5,754	8,044	44,983	347	-2,664	-5,250	0	-3,479	-103,942	-5,265	-8,868
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	-133,000	0	0	0	0	168,663	0	0	0	0	0	0	0
Other Short Term Loans	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	-145,696	48,786	38,231	58,679
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	-168,663	0	0	13,719	154,944	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	-15,513
interest	8,140	1,365	96	71	361	274	89	218	289	402	-4,387	-34,867	0	-916
cash flow from financing	8,140	-131,635	96	71	361	274	89	218	289	14,121	4,861	13,919	38,231	42,250
cash and cash equivalents
cash	95,856	11,370	15,490	33,106	13,665	-27,125	1,852	12,528	-7,781	-37,299	58,811	-5,832	14,521	31,565
overdraft	0	0	0	0	0	0	-2,561	2,561	0	0	0	0	0	0
change in cash	95,856	11,370	15,490	33,106	13,665	-27,125	4,413	9,967	-7,781	-37,299	58,811	-5,832	14,521	31,565

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for carotino (eu) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in LA14 area or any other competitors across 12 key performance metrics.

CAROTINO (EU) LIMITED group structure

Carotino (Eu) Limited has no subsidiary companies.

Ultimate parent company

CAROTINO SDN BHD

#0025165

1 parent

CAROTINO (EU) LIMITED

03409903

CAROTINO (EU) LIMITED Shareholders

carotino sdn bhd

100%

Carotino (Eu) Limited currently has 4 directors. The longest serving directors include Ms Chu Chang (Feb 2001) and Ms Chu Chang (Feb 2001).

officer	country	age	start	end	role
Ms Chu Chang	Malaysia	73 years	Feb 2001	-	Director
Ms Chu Chang	Malaysia	69 years	Feb 2001	-	Director
Mr Teck Chang	Malaysia	76 years	Feb 2001	-	Director
Dr Vishwajit Saraph	Malaysia	59 years	Oct 2016	-	Director

P&L

June 2023

turnover

7.7m

+8%

operating profit

379.4k

gross margin

26.3%

-2.46%

turnover

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

Balance Sheet

June 2023

net assets

-2m

-0.13%

total assets

638.2k

+0.24%

cash

210.7k

+0.83%

net assets

Total assets minus all liabilities

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company number

03409903

Type

Private limited with Share Capital

industry

56290 - Other food service activities

incorporation date

July 1997

accounts

Small Company

ultimate parent company

CAROTINO SDN BHD

previous names

carotino (uk) ltd (April 2007)

last accounts submitted

June 2023

address

17/18 trinity enterprise centre, ironworks road, barrow-in-furness, LA14 2PN

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 carotino (eu) limited. Currently there are 0 open charges and 1 have been satisfied in the past.

carotino (eu) limited Company Information

carotino (eu) limited Estimated Valuation

carotino (eu) limited Estimated Valuation

carotino (eu) limited Estimated Valuation

Carotino (eu) Limited Overview

Carotino (eu) Limited Health Check

CAROTINO (EU) LIMITED financials

carotino (eu) limited Credit Report and Business Information

Carotino (eu) Limited Competitor Analysis

carotino (eu) limited Ownership

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carotino (eu) limited Charges & Mortgages

carotino (eu) limited Companies House Filings - See Documents