carotino (eu) limited Company Information
Company Number
03409903
Website
www.carotino.comRegistered 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
View All
carotino (eu) limited Estimated Valuation
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).
carotino (eu) limited Estimated Valuation
Pomanda estimates the enterprise value of CAROTINO (EU) LIMITED at £2m based on an EBITDA of £379.4k and a 5.31x industry multiple (adjusted for size and gross margin).
carotino (eu) limited Estimated Valuation
Pomanda estimates the enterprise value of CAROTINO (EU) LIMITED at £0 based on Net Assets of £-2m and 0.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Carotino (eu) Limited Overview
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.
Upgrade for unlimited company reports & a free credit check
Carotino (eu) Limited Health Check
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 Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £7.7m, make it larger than the average company (£1.5m)
- Carotino (eu) Limited
£1.5m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.9%)
- Carotino (eu) Limited
6.9% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Carotino (eu) Limited
26.3% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 4.9% make it more profitable than the average company (3.1%)
- Carotino (eu) Limited
3.1% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 1 employees, this is below the industry average (16)
1 - Carotino (eu) Limited
16 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £23.4k, the company has an equivalent pay structure (£23.4k)
- Carotino (eu) Limited
£23.4k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £7.7m, this is more efficient (£68.8k)
- Carotino (eu) Limited
£68.8k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (29 days)
- Carotino (eu) Limited
29 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 162 days, this is slower than average (33 days)
- Carotino (eu) Limited
33 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 20 days, this is more than average (11 days)
- Carotino (eu) Limited
11 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - Carotino (eu) Limited
22 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 406.9%, this is a higher level of debt than the average (70.7%)
406.9% - Carotino (eu) Limited
70.7% - Industry AVG
CAROTINO (EU) LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
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 | 921,188 | 794,225 | 682,783 | |||||||||||
Other Income Or Grants | 0 | 0 | 0 | |||||||||||
Cost Of Sales | 717,202 | 626,316 | 522,453 | |||||||||||
Gross Profit | 203,986 | 167,909 | 160,330 | |||||||||||
Admin Expenses | 366,446 | 269,735 | 187,384 | |||||||||||
Operating Profit | -162,460 | -101,826 | -27,054 | |||||||||||
Interest Payable | 34,888 | 0 | 916 | |||||||||||
Interest Receivable | 21 | 0 | 0 | |||||||||||
Pre-Tax Profit | -197,327 | -101,826 | -27,970 | |||||||||||
Tax | 0 | 0 | 0 | |||||||||||
Profit After Tax | -197,327 | -101,826 | -27,970 | |||||||||||
Dividends Paid | 0 | 0 | 0 | |||||||||||
Retained Profit | -197,327 | -101,826 | -27,970 | |||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 1 | 1 | 1 | 3 | 7 | 9 | 11 | 6 | ||||||
EBITDA* | -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 | -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 | 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 | 84,191 | -18,445 | -1,817 | |||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
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 | ||||||||||||||
interest | -34,867 | 0 | -916 | |||||||||||
cash flow from financing | 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 |
carotino (eu) limited Credit Report and Business Information
Carotino (eu) Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
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 Ownership
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 directors
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 2023turnover
7.7m
+8%
operating profit
379.4k
0%
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 2023net assets
-2m
-0.13%
total assets
638.2k
+0.24%
cash
210.7k
+0.83%
net assets
Total assets minus all liabilities
carotino (eu) limited company details
company number
03409903
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
July 1997
age
27
incorporated
UK
accounts
Small Company
ultimate parent company
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
accountant
MELVILLE & CO
auditor
-
carotino (eu) 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 found 1 charges/mortgages relating to carotino (eu) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
carotino (eu) limited Companies House Filings - See Documents
date | description | view/download |
---|