pride catering partnership limited
pride catering partnership limited Company Information
Company Number
03508876
Website
pridecatering.co.ukRegistered Address
unit 1 40 coldharbour lane, harpenden, hertfordshire, AL5 4UN
Industry
Event catering activities
Other food service activities
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
churchill contract catering ltd 100%
pride catering partnership limited Estimated Valuation
Pomanda estimates the enterprise value of PRIDE CATERING PARTNERSHIP LIMITED at £843.2k based on a Turnover of £2.8m and 0.3x industry multiple (adjusted for size and gross margin).
pride catering partnership limited Estimated Valuation
Pomanda estimates the enterprise value of PRIDE CATERING PARTNERSHIP LIMITED at £0 based on an EBITDA of £-160.7k and a 2.58x industry multiple (adjusted for size and gross margin).
pride catering partnership limited Estimated Valuation
Pomanda estimates the enterprise value of PRIDE CATERING PARTNERSHIP LIMITED at £391k based on Net Assets of £914.6k and 0.43x industry multiple (adjusted for liquidity).
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Pride Catering Partnership Limited Overview
Pride Catering Partnership Limited is a dissolved company that was located in hertfordshire, AL5 4UN with a Companies House number of 03508876. It operated in the event catering activities sector, SIC Code 56210. Founded in February 1998, it's largest shareholder was churchill contract catering ltd with a 100% stake. The last turnover for Pride Catering Partnership Limited was estimated at £2.8m.
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Pride Catering Partnership Limited Health Check
Pomanda's financial health check has awarded Pride Catering Partnership Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
4 Weak
Size
annual sales of £2.8m, make it larger than the average company (£768.2k)
£2.8m - Pride Catering Partnership Limited
£768.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.1%)
-8% - Pride Catering Partnership Limited
5.1% - Industry AVG
Production
with a gross margin of 5.2%, this company has a higher cost of product (35.2%)
5.2% - Pride Catering Partnership Limited
35.2% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (4.4%)
-6.5% - Pride Catering Partnership Limited
4.4% - Industry AVG
Employees
with 165 employees, this is above the industry average (26)
165 - Pride Catering Partnership Limited
26 - Industry AVG
Pay Structure
on an average salary of £10.2k, the company has a lower pay structure (£19.9k)
£10.2k - Pride Catering Partnership Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £17.1k, this is less efficient (£58k)
£17.1k - Pride Catering Partnership Limited
£58k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Pride Catering Partnership Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Pride Catering Partnership Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pride Catering Partnership Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pride Catering Partnership Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Pride Catering Partnership Limited
- - Industry AVG
PRIDE CATERING PARTNERSHIP LIMITED financials
Pride Catering Partnership Limited's latest turnover from June 2018 is £2.8 million and the company has net assets of £914.6 thousand. According to their latest financial statements, Pride Catering Partnership Limited has 165 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2018 | Jun 2017 | Jun 2016 | Sep 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,822,198 | 8,595,500 | 6,800,010 | 3,640,076 | 6,997,942 | 6,650,729 | 4,772,605 | 3,514,715 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 2,674,943 | 7,561,290 | 5,562,080 | 3,116,034 | 5,826,657 | 5,524,805 | 4,180,451 | 3,014,954 | ||
| Gross Profit | 147,255 | 1,034,210 | 1,237,930 | 524,042 | 1,171,285 | 1,125,924 | 592,154 | 499,761 | ||
| Admin Expenses | 330,722 | 941,129 | 897,417 | 552,183 | 956,622 | 981,839 | 489,968 | 407,588 | ||
| Operating Profit | -183,467 | 93,081 | 340,513 | -28,141 | 214,663 | 144,085 | 102,186 | 92,173 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 664 | 9 | 0 | ||
| Interest Receivable | 0 | 2 | 313 | 249 | 700 | 437 | 146 | 200 | ||
| Pre-Tax Profit | -183,467 | 93,083 | 340,826 | -27,892 | 215,363 | 143,858 | 102,323 | 92,373 | ||
| Tax | -7,594 | 6,833 | -69,121 | 9,310 | -42,165 | -35,186 | -22,477 | -20,056 | ||
| Profit After Tax | -191,061 | 99,916 | 271,705 | -18,582 | 173,198 | 108,672 | 79,846 | 72,317 | ||
| Dividends Paid | 0 | 0 | 0 | 30,847 | 38,482 | 32,500 | 10,000 | 6,000 | ||
| Retained Profit | -191,061 | 99,916 | 271,705 | -49,429 | 134,716 | 76,172 | 69,846 | 66,317 | ||
| Employee Costs | 1,675,787 | 4,686,250 | 3,334,277 | 1,943,620 | 3,576,501 | 696,179 | ||||
| Number Of Employees | 165 | 412 | 341 | 316 | 296 | 303 | ||||
| EBITDA* | -160,718 | 162,671 | 377,109 | -11,594 | 237,278 | 162,004 | 125,756 | 111,177 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2018 | Jun 2017 | Jun 2016 | Sep 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 96,750 | 93,108 | 91,060 | 43,604 | 39,160 | 22,366 | 28,514 | 40,315 | 47,283 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 96,750 | 93,108 | 91,060 | 43,604 | 39,160 | 22,366 | 28,514 | 40,315 | 47,283 |
| Stock & work in progress | 0 | 101,362 | 50,791 | 42,512 | 21,814 | 26,759 | 14,614 | 25,766 | 15,257 | 11,733 |
| Trade Debtors | 0 | 1,121,006 | 1,549,119 | 1,088,615 | 1,220,671 | 1,287,435 | 1,125,493 | 1,229,744 | 795,174 | 529,885 |
| Group Debtors | 914,618 | 152,650 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 45,354 | 125,419 | 187,575 | 160,605 | 26,973 | 0 | 0 | 6 | 25 |
| Cash | 0 | 1,445,539 | 546,021 | 357,404 | 426,485 | 268,289 | 291,858 | 124,663 | 362,321 | 279,096 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 914,618 | 2,865,911 | 2,271,350 | 1,676,106 | 1,829,575 | 1,609,456 | 1,431,965 | 1,380,173 | 1,172,758 | 820,739 |
| total assets | 914,618 | 2,962,661 | 2,364,458 | 1,767,166 | 1,873,179 | 1,648,616 | 1,454,331 | 1,408,687 | 1,213,073 | 868,022 |
| Bank overdraft | 0 | 0 | 0 | 14,788 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 419,806 | 818,278 | 665,718 | 689,171 | 527,059 | 874,214 | 855,040 | 317,183 | 251,615 |
| Group/Directors Accounts | 0 | 706,830 | 46,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 730,346 | 493,973 | 351,037 | 389,646 | 465,945 | 0 | 0 | 423,393 | 212,605 |
| total current liabilities | 0 | 1,856,982 | 1,358,695 | 1,031,543 | 1,078,817 | 993,004 | 874,214 | 855,040 | 740,576 | 464,220 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 3,290 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 1,565 | 10,875 | 6,841 | 4,228 | 5,428 | 7,610 | 8,761 |
| total long term liabilities | 0 | 0 | 0 | 1,565 | 10,875 | 6,841 | 7,518 | 5,428 | 7,610 | 8,761 |
| total liabilities | 0 | 1,856,982 | 1,358,695 | 1,033,108 | 1,089,692 | 999,845 | 881,732 | 860,468 | 748,186 | 472,981 |
| net assets | 914,618 | 1,105,679 | 1,005,763 | 734,058 | 783,487 | 648,771 | 572,599 | 548,219 | 464,887 | 395,041 |
| total shareholders funds | 914,618 | 1,105,679 | 1,005,763 | 734,058 | 783,487 | 648,771 | 572,599 | 548,219 | 464,887 | 395,041 |
| Jun 2018 | Jun 2017 | Jun 2016 | Sep 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -183,467 | 93,081 | 340,513 | -28,141 | 214,663 | 144,085 | 102,186 | 92,173 | ||
| Depreciation | 22,749 | 69,590 | 36,596 | 16,547 | 22,615 | 17,919 | 20,140 | 29,073 | 23,570 | 19,004 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -7,594 | 6,833 | -69,121 | 9,310 | -42,165 | -35,186 | -22,477 | -20,056 | ||
| Stock | -101,362 | 50,571 | 8,279 | 15,753 | -4,945 | 12,145 | -11,152 | 10,509 | 3,524 | 11,733 |
| Debtors | -404,392 | -355,528 | 398,348 | -38,218 | 66,868 | 188,915 | -104,251 | 434,564 | 265,270 | 529,910 |
| Creditors | -419,806 | -398,472 | 152,560 | 138,659 | 162,112 | -347,155 | 19,174 | 537,857 | 65,568 | 251,615 |
| Accruals and Deferred Income | -730,346 | 236,373 | 142,936 | -114,908 | -76,299 | 465,945 | 0 | -423,393 | 210,788 | 212,605 |
| Deferred Taxes & Provisions | 0 | 0 | -1,565 | -5,276 | 4,034 | 2,613 | -1,200 | -2,182 | -1,151 | 8,761 |
| Cash flow from operations | -812,710 | 312,362 | 195,292 | 38,656 | 223,037 | 47,161 | 109,690 | 22,459 | ||
| Investing Activities | ||||||||||
| capital expenditure | -27,088 | -34,713 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -27,088 | -34,713 | ||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -706,830 | 660,386 | 46,444 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -3,290 | 3,290 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 2 | 313 | 249 | 700 | -227 | 137 | 200 | ||
| cash flow from financing | -706,830 | 660,388 | 46,757 | 134,965 | 700 | -3,517 | 137 | 328,924 | ||
| cash and cash equivalents | ||||||||||
| cash | -1,445,539 | 899,518 | 188,617 | 89,115 | 158,196 | -23,569 | 167,195 | -237,658 | 83,225 | 279,096 |
| overdraft | 0 | 0 | -14,788 | 14,788 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,445,539 | 899,518 | 203,405 | 74,327 | 158,196 | -23,569 | 167,195 | -237,658 | 83,225 | 279,096 |
pride catering partnership limited Credit Report and Business Information
Pride Catering Partnership Limited Competitor Analysis
Perform a competitor analysis for pride catering partnership limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in AL5 area or any other competitors across 12 key performance metrics.
pride catering partnership limited Ownership
PRIDE CATERING PARTNERSHIP LIMITED group structure
Pride Catering Partnership Limited has no subsidiary companies.
Ultimate parent company
2 parents
PRIDE CATERING PARTNERSHIP LIMITED
03508876
pride catering partnership limited directors
Pride Catering Partnership Limited currently has 2 directors. The longest serving directors include Mr Philip Moxom (Oct 2015) and Mr Joel Briggs (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Moxom | England | 63 years | Oct 2015 | - | Director |
| Mr Joel Briggs | England | 62 years | Oct 2015 | - | Director |
P&L
June 2018turnover
2.8m
-67%
operating profit
-183.5k
-297%
gross margin
5.3%
-56.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2018net assets
914.6k
-0.17%
total assets
914.6k
-0.69%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
pride catering partnership limited company details
company number
03508876
Type
Private limited with Share Capital
industry
56210 - Event catering activities
56290 - Other food service activities
incorporation date
February 1998
age
26
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
June 2018
address
unit 1 40 coldharbour lane, harpenden, hertfordshire, AL5 4UN
accountant
-
auditor
-
pride catering partnership 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 7 charges/mortgages relating to pride catering partnership limited. Currently there are 0 open charges and 7 have been satisfied in the past.
pride catering partnership limited Companies House Filings - See Documents
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