beech's fine chocolates limited Company Information
Company Number
04545164
Website
www.beechsfinechocolates.comRegistered Address
the chocolate factory, fletcher road, preston, lancashire, PR1 5AD
Industry
Manufacture of cocoa, and chocolate confectionery
Telephone
01772792808
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
beechs confectionery group limited 100%
beech's fine chocolates limited Estimated Valuation
Pomanda estimates the enterprise value of BEECH'S FINE CHOCOLATES LIMITED at £1.7m based on a Turnover of £3.7m and 0.45x industry multiple (adjusted for size and gross margin).
beech's fine chocolates limited Estimated Valuation
Pomanda estimates the enterprise value of BEECH'S FINE CHOCOLATES LIMITED at £0 based on an EBITDA of £-93.9k and a 3.28x industry multiple (adjusted for size and gross margin).
beech's fine chocolates limited Estimated Valuation
Pomanda estimates the enterprise value of BEECH'S FINE CHOCOLATES LIMITED at £1.7m based on Net Assets of £762.9k and 2.2x industry multiple (adjusted for liquidity).
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Beech's Fine Chocolates Limited Overview
Beech's Fine Chocolates Limited is a live company located in preston, PR1 5AD with a Companies House number of 04545164. It operates in the manufacture of cocoa and chocolate confectionery sector, SIC Code 10821. Founded in September 2002, it's largest shareholder is beechs confectionery group limited with a 100% stake. Beech's Fine Chocolates Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with declining growth in recent years.
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Beech's Fine Chocolates Limited Health Check
Pomanda's financial health check has awarded Beech'S Fine Chocolates Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£16.4m)
- Beech's Fine Chocolates Limited
£16.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1%)
- Beech's Fine Chocolates Limited
1% - Industry AVG
Production
with a gross margin of 21.5%, this company has a comparable cost of product (21.5%)
- Beech's Fine Chocolates Limited
21.5% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (2.9%)
- Beech's Fine Chocolates Limited
2.9% - Industry AVG
Employees
with 53 employees, this is below the industry average (124)
53 - Beech's Fine Chocolates Limited
124 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)
- Beech's Fine Chocolates Limited
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £70k, this is less efficient (£139.1k)
- Beech's Fine Chocolates Limited
£139.1k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (47 days)
- Beech's Fine Chocolates Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (45 days)
- Beech's Fine Chocolates Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 74 days, this is more than average (57 days)
- Beech's Fine Chocolates Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is more cash available to meet short term requirements (6 weeks)
8 weeks - Beech's Fine Chocolates Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.3%, this is a higher level of debt than the average (55.6%)
73.3% - Beech's Fine Chocolates Limited
55.6% - Industry AVG
beech's fine chocolates limited Credit Report and Business Information
Beech's Fine Chocolates Limited Competitor Analysis
Perform a competitor analysis for beech's fine chocolates limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
beech's fine chocolates limited Ownership
BEECH'S FINE CHOCOLATES LIMITED group structure
Beech'S Fine Chocolates Limited has no subsidiary companies.
Ultimate parent company
1 parent
BEECH'S FINE CHOCOLATES LIMITED
04545164
beech's fine chocolates limited directors
Beech'S Fine Chocolates Limited currently has 2 directors. The longest serving directors include Mr Andrew Whiting (Nov 2002) and Mr Peter Whiting (Apr 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Whiting | 67 years | Nov 2002 | - | Director | |
Mr Peter Whiting | United Kingdom | 34 years | Apr 2018 | - | Director |
BEECH'S FINE CHOCOLATES LIMITED financials
Beech'S Fine Chocolates Limited's latest turnover from December 2022 is estimated at £3.7 million and the company has net assets of £762.9 thousand. According to their latest financial statements, Beech'S Fine Chocolates Limited has 53 employees and maintains cash reserves of £241.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 53 | 56 | 53 | 53 | 49 | 48 | 45 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 1,540,204 | 1,589,562 | 1,600,945 | 1,534,274 | 1,440,489 | 1,405,993 | 1,444,985 | 1,345,954 | 1,083,195 | 1,066,676 | 1,034,939 | 1,010,686 | 992,755 | 1,034,814 |
Intangible Assets | 0 | 0 | 0 | 534 | 1,146 | 1,758 | 2,370 | 2,981 | 1,688 | 1,307 | 0 | 0 | 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 | 1,540,204 | 1,589,562 | 1,600,945 | 1,534,808 | 1,441,635 | 1,407,751 | 1,447,355 | 1,348,935 | 1,084,883 | 1,067,983 | 1,034,939 | 1,010,686 | 992,755 | 1,034,814 |
Stock & work in progress | 596,017 | 484,104 | 578,140 | 624,361 | 534,028 | 442,828 | 436,474 | 343,365 | 394,663 | 367,168 | 379,175 | 445,765 | 472,476 | 456,642 |
Trade Debtors | 369,618 | 1,087,086 | 976,439 | 716,931 | 841,588 | 1,242,086 | 1,452,131 | 770,823 | 814,434 | 610,349 | 543,710 | 693,814 | 567,171 | 757,600 |
Group Debtors | 101,105 | 101,105 | 101,105 | 101,105 | 183,716 | 79,375 | 79,375 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 3,391 | 137,490 | 5,736 | 34,878 | 80,034 | 24,367 | 30,281 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 241,139 | 104,140 | 84,715 | 7,496 | 2,837 | 8,890 | 787 | 1,045 | 428 | 167 | 1,612 | 1,060 | 1,444 | 1,859 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,311,270 | 1,913,925 | 1,746,135 | 1,484,771 | 1,642,203 | 1,797,546 | 1,999,048 | 1,115,233 | 1,209,525 | 977,684 | 924,497 | 1,140,639 | 1,041,091 | 1,216,101 |
total assets | 2,851,474 | 3,503,487 | 3,347,080 | 3,019,579 | 3,083,838 | 3,205,297 | 3,446,403 | 2,464,168 | 2,294,408 | 2,045,667 | 1,959,436 | 2,151,325 | 2,033,846 | 2,250,915 |
Bank overdraft | 59,601 | 73,741 | 70,837 | 574,289 | 583,189 | 468,053 | 152,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 51,628 | 7,574 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 239,588 | 369,215 | 418,779 | 503,332 | 421,707 | 352,902 | 663,799 | 1,538,232 | 1,618,952 | 1,379,169 | 1,361,469 | 1,622,531 | 1,427,305 | 1,621,982 |
Group/Directors Accounts | 619,848 | 1,000 | 1,000 | 51,000 | 1,000 | 29,640 | 51,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 288,139 | 224,043 | 77,853 | 305,213 | 685,706 | 979,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 50,485 | 29,310 | 34,391 | 29,310 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 191,539 | 292,470 | 458,345 | 349,510 | 291,664 | 385,210 | 1,770,317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,398,715 | 960,469 | 1,026,814 | 1,833,829 | 2,064,204 | 2,257,446 | 2,666,608 | 1,538,232 | 1,618,952 | 1,379,169 | 1,361,469 | 1,622,531 | 1,427,305 | 1,621,982 |
loans | 689,896 | 1,475,442 | 1,375,564 | 229,298 | 80,687 | 0 | 7,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 95,074 | 46,420 | 70,649 | 105,112 | 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 | 112,941 | 0 | 31,594 | 54,817 | 77,469 | 98,950 | 120,360 | 153,388 | 222,625 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 689,896 | 1,475,442 | 1,375,564 | 324,372 | 127,107 | 183,590 | 112,859 | 31,594 | 54,817 | 77,469 | 98,950 | 120,360 | 153,388 | 222,625 |
total liabilities | 2,088,611 | 2,435,911 | 2,402,378 | 2,158,201 | 2,191,311 | 2,441,036 | 2,779,467 | 1,569,826 | 1,673,769 | 1,456,638 | 1,460,419 | 1,742,891 | 1,580,693 | 1,844,607 |
net assets | 762,863 | 1,067,576 | 944,702 | 861,378 | 892,527 | 764,261 | 666,936 | 894,342 | 620,639 | 589,029 | 499,017 | 408,434 | 453,153 | 406,308 |
total shareholders funds | 762,863 | 1,067,576 | 944,702 | 861,378 | 892,527 | 764,261 | 666,936 | 894,342 | 620,639 | 589,029 | 499,017 | 408,434 | 453,153 | 406,308 |
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 | ||||||||||||||
Depreciation | 83,388 | 83,388 | 79,388 | 67,188 | 83,388 | 81,989 | 61,808 | 57,038 | 75,347 | 73,679 | 63,275 | 53,809 | 45,106 | 38,154 |
Amortisation | 0 | 0 | 534 | 612 | 612 | 612 | 611 | 499 | 220 | 33 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 111,913 | -94,036 | -46,221 | 90,333 | 91,200 | 6,354 | 93,109 | -51,298 | 27,495 | -12,007 | -66,590 | -26,711 | 15,834 | 456,642 |
Debtors | -851,567 | 242,401 | 230,366 | -252,424 | -240,490 | -215,959 | 790,964 | -43,611 | 204,085 | 66,639 | -150,104 | 126,643 | -190,429 | 757,600 |
Creditors | -129,627 | -49,564 | -84,553 | 81,625 | 68,805 | -310,897 | -874,433 | -80,720 | 239,783 | 17,700 | -261,062 | 195,226 | -194,677 | 1,621,982 |
Accruals and Deferred Income | -100,931 | -165,875 | 108,835 | 57,846 | -93,546 | -1,385,107 | 1,770,317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
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 | -51,628 | 44,054 | 7,574 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 618,848 | 0 | -50,000 | 50,000 | -28,640 | -21,360 | 51,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 64,096 | 146,190 | -227,360 | -380,493 | -293,970 | 979,676 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -785,546 | 99,878 | 1,146,266 | 148,611 | 80,687 | -7,747 | 7,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | -145,559 | 69,829 | -29,310 | -29,382 | 134,422 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | -112,941 | 112,941 | -31,594 | -23,223 | -22,652 | -21,481 | -21,410 | -33,028 | -69,237 | 222,625 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 136,999 | 19,425 | 77,219 | 4,659 | -6,053 | 8,103 | -258 | 617 | 261 | -1,445 | 552 | -384 | -415 | 1,859 |
overdraft | -14,140 | 2,904 | -503,452 | -8,900 | 115,136 | 315,871 | 152,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 151,139 | 16,521 | 580,671 | 13,559 | -121,189 | -307,768 | -152,440 | 617 | 261 | -1,445 | 552 | -384 | -415 | 1,859 |
P&L
December 2022turnover
3.7m
-31%
operating profit
-177.2k
0%
gross margin
21.5%
+9.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
762.9k
-0.29%
total assets
2.9m
-0.19%
cash
241.1k
+1.32%
net assets
Total assets minus all liabilities
beech's fine chocolates limited company details
company number
04545164
Type
Private limited with Share Capital
industry
10821 - Manufacture of cocoa, and chocolate confectionery
incorporation date
September 2002
age
22
accounts
Total Exemption Full
ultimate parent company
previous names
inhoco 2736 limited (December 2002)
incorporated
UK
address
the chocolate factory, fletcher road, preston, lancashire, PR1 5AD
last accounts submitted
December 2022
beech's fine chocolates 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 11 charges/mortgages relating to beech's fine chocolates limited. Currently there are 7 open charges and 4 have been satisfied in the past.
beech's fine chocolates limited Companies House Filings - See Documents
date | description | view/download |
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