Drinksworld Limited

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drinksworld limited Company Information

Live

MatureSmallHealthy

Company Number

04579202

Website

drinks.world

Registered Address

14 the square, alvechurch, birmingham, B48 7LA

Industry

Retail sale of beverages in specialised stores

Telephone

0152769318

Next Accounts Due

December 2024

Group Structure

View All

Directors

Sukhjit Kaur1 Years

Shareholders

khera holdings ltd 100%

drinksworld limited Estimated Valuation

£792.7k

Pomanda estimates the enterprise value of DRINKSWORLD LIMITED at £792.7k based on Net Assets of £471k and 1.68x industry multiple (adjusted for liquidity).

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Drinksworld Limited is a live company located in birmingham, B48 7LA with a Companies House number of 04579202. It operates in the retail sale of beverages in specialised stores sector, SIC Code 47250. Founded in October 2002, it's largest shareholder is khera holdings ltd with a 100% stake. Drinksworld Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with healthy growth in recent years.

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Pomanda's financial health check has awarded Drinksworld Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

3 Regular

4 Weak

Size

annual sales of £1.7m, make it larger than the average company (£1.4m)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.8%)

EXPORT

Drinksworld Limited's latest turnover from March 2023 is estimated at £1.7 million and the company has net assets of £471 thousand. According to their latest financial statements, Drinksworld Limited has 22 employees and maintains cash reserves of £50.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Sep 2010	Sep 2009
Turnover	1,688,111	690,783	941,024	1,320,909	1,541,463	1,233,902	1,217,855	1,195,602	4,686,449	4,237,885	3,819,111	4,784,800	3,307,488	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,175,140	499,714	679,267	940,562	1,075,277	813,993	809,552	812,132	3,253,092	3,074,878	2,733,733	3,510,811	2,198,795	0
Gross Profit	512,971	191,069	261,757	380,347	466,186	419,910	408,303	383,470	1,433,357	1,163,007	1,085,378	1,273,990	1,108,693	0
Admin Expenses	497,779	34,356	-67,941	411,992	555,748	555,309	528,338	407,237	1,225,551	998,906	1,210,692	809,323	1,041,923	-41,956
Operating Profit	15,192	156,713	329,698	-31,645	-89,562	-135,399	-120,035	-23,767	207,806	164,101	-125,314	464,667	66,770	41,956
Interest Payable	4,902	3,733	2,103	3,150	7,600	7,834	7,457	7,132	4,874	1,624	0	0	0	0
Interest Receivable	1,779	422	67	37	169	114	67	200	221	197	208	114	188	122
Pre-Tax Profit	12,069	153,402	327,662	-34,758	-96,993	-143,120	-127,425	-30,700	203,153	162,674	-125,106	464,781	66,958	42,078
Tax	-2,293	-29,146	-62,256	0	0	0	0	0	-42,662	-37,415	0	-120,843	-18,748	-11,782
Profit After Tax	9,776	124,256	265,406	-34,758	-96,993	-143,120	-127,425	-30,700	160,491	125,259	-125,106	343,938	48,210	30,296
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	9,776	124,256	265,406	-34,758	-96,993	-143,120	-127,425	-30,700	160,491	125,259	-125,106	343,938	48,210	30,296
Employee Costs	329,106	305,503	392,445	247,249	269,829	241,009	256,225	252,806	870,818	547,560	598,439	349,966	502,344	0
Number Of Employees	22	19	20	14	15	15	15	13	44	27	29	16	39	0
EBITDA*	26,860	165,510	340,047	-31,645	-72,676	-116,817	-94,584	-23,767	237,821	215,920	-89,012	503,034	103,469	77,898

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Sep 2010	Sep 2009
Tangible Assets	66,121	49,846	58,643	66,492	81,304	93,990	87,138	100,508	119,151	245,793	160,946	175,706	473,660	464,178
Intangible Assets	0	0	0	0	0	0	1	8,626	17,251	25,876	34,501	43,126	51,752	60,377
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	436,857	710,735	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	502,978	760,581	58,643	66,492	81,304	93,990	87,139	109,134	136,402	271,669	195,447	218,832	525,412	524,555
Stock & work in progress	570,212	186,104	255,510	398,217	419,240	387,230	334,125	335,260	287,457	289,660	265,994	295,712	311,783	204,615
Trade Debtors	8,591	6,147	7,477	18,119	18,602	9,310	10,723	12,253	212,921	195,606	183,343	239,809	60,330	158,798
Group Debtors	0	0	1,239,475	731,897	484,109	329,614	140,769	234,059	0	0	0	0	0	0
Misc Debtors	54,905	18,798	150,202	150,202	177,786	178,348	197,325	40,875	0	0	0	0	0	0
Cash	50,548	33,184	79,468	54,039	20,469	24,512	20,991	32,531	47,330	41,122	37,601	45,764	26,604	48,603
misc current assets	429	0	0	0	0	0	0	62	0	0	0	0	0	0
total current assets	684,685	244,233	1,732,132	1,352,474	1,120,206	929,014	703,933	655,040	547,708	526,388	486,938	581,285	398,717	412,016
total assets	1,187,663	1,004,814	1,790,775	1,418,966	1,201,510	1,023,004	791,072	764,174	684,110	798,057	682,385	800,117	924,129	936,571
Bank overdraft	54,002	41,653	68,967	0	3,291	21,894	19,162	19,460	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	183,269	69,216	93,866	114,795	95,201	103,649	73,277	36,130	79,526	363,972	463,551	346,177	735,621	395,889
Group/Directors Accounts	163,399	145,417	1,027,967	1,072,614	863,092	571,377	241,418	127,651	0	0	0	0	0	0
other short term finances	0	0	0	0	100,000	100,000	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	306,526	281,614	256,482	152,998	25,038	13,309	10,756	7,049	0	0	0	0	0	0
total current liabilities	707,196	537,900	1,447,282	1,340,407	1,086,622	810,229	344,613	190,290	79,526	363,972	463,551	346,177	735,621	395,889
loans	0	0	0	0	0	0	100,000	100,000	100,000	49,960	0	0	0	0
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	0	0	40,032	0	110,000	110,000	510,384
provisions	9,441	5,664	6,499	6,971	8,542	9,436	0	0	0	0	0	0	0	0
total long term liabilities	9,441	5,664	6,499	6,971	8,542	9,436	100,000	100,000	100,000	89,992	0	110,000	110,000	510,384
total liabilities	716,637	543,564	1,453,781	1,347,378	1,095,164	819,665	444,613	290,290	179,526	453,964	463,551	456,177	845,621	906,273
net assets	471,026	461,250	336,994	71,588	106,346	203,339	346,459	473,884	504,584	344,093	218,834	343,940	78,508	30,298
total shareholders funds	471,026	461,250	336,994	71,588	106,346	203,339	346,459	473,884	504,584	344,093	218,834	343,940	78,508	30,298

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Sep 2010	Sep 2009
Operating Activities
Operating Profit	15,192	156,713	329,698	-31,645	-89,562	-135,399	-120,035	-23,767	207,806	164,101	-125,314	464,667	66,770	41,956
Depreciation	11,668	8,797	10,349	0	16,886	18,581	16,826	0	21,390	43,194	27,677	29,741	28,074	27,317
Amortisation	0	0	0	0	0	1	8,625	0	8,625	8,625	8,625	8,626	8,625	8,625
Tax	-2,293	-29,146	-62,256	0	0	0	0	0	-42,662	-37,415	0	-120,843	-18,748	-11,782
Stock	384,108	-69,406	-142,707	-21,023	32,010	53,105	-1,135	47,803	-2,203	23,666	-29,718	295,712	107,168	204,615
Debtors	-235,327	-661,474	496,936	219,721	163,225	168,455	61,630	74,266	17,315	12,263	-56,466	239,809	-98,468	158,798
Creditors	114,053	-24,650	-20,929	19,594	-8,448	30,372	37,147	-43,396	-284,446	-99,579	117,374	346,177	339,732	395,889
Accruals and Deferred Income	24,912	25,132	103,484	127,960	11,729	2,553	3,707	7,049	0	0	0	0	0	0
Deferred Taxes & Provisions	3,777	-835	-472	-1,571	-894	9,436	0	0	0	0	0	0	0	0
Cash flow from operations	18,528	866,891	5,645	-84,360	-265,524	-296,016	-114,225	-182,183	-104,399	42,997	114,546	192,847	415,753	98,592
Investing Activities
capital expenditure	-27,943	0	-2,500	14,812	-4,200	-25,433	-3,456	27,268	105,252	-128,041	-12,917	-257,199	-37,556	-560,497
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-27,943	0	-2,500	14,812	-4,200	-25,433	-3,456	27,268	105,252	-128,041	-12,917	-257,199	-37,556	-560,497
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	17,982	-882,550	-44,647	209,522	291,715	329,959	113,767	127,651	0	0	0	0	0	0
Other Short Term Loans	0	0	0	-100,000	0	100,000	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	-100,000	0	0	50,040	49,960	0	0	0	0
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	0	0	-40,032	40,032	-110,000	110,000	-400,384	510,384
share issue	0	0	0	0	0	0	0	0	0	0	0	2	0	2
interest	-3,123	-3,311	-2,036	-3,113	-7,431	-7,720	-7,390	-6,932	-4,653	-1,427	208	114	188	122
cash flow from financing	14,859	-885,861	-46,683	106,409	284,284	322,239	106,377	120,719	5,355	88,565	-109,792	110,116	-400,196	510,508
cash and cash equivalents
cash	17,364	-46,284	25,429	33,570	-4,043	3,521	-11,540	-14,799	6,208	3,521	-8,163	45,764	-21,999	48,603
overdraft	12,349	-27,314	68,967	-3,291	-18,603	2,732	-298	19,460	0	0	0	0	0	0
change in cash	5,015	-18,970	-43,538	36,861	14,560	789	-11,242	-34,259	6,208	3,521	-8,163	45,764	-21,999	48,603

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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DRINKSWORLD LIMITED group structure

Drinksworld Limited has no subsidiary companies.

Ultimate parent company

KHERA (HOLDINGS) LIMITED

07286854

1 parent

DRINKSWORLD LIMITED

04579202

DRINKSWORLD LIMITED Shareholders

khera holdings ltd

100%

Drinksworld Limited currently has 1 director, Mrs Sukhjit Kaur serving since Mar 2023.

officer	country	age	start	end	role
Mrs Sukhjit Kaur	England	48 years	Mar 2023	-	Director

P&L

March 2023

turnover

1.7m

+144%

operating profit

15.2k

gross margin

30.4%

+9.86%

turnover

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

Balance Sheet

March 2023

net assets

471k

+0.02%

total assets

1.2m

+0.18%

cash

50.5k

+0.52%

net assets

Total assets minus all liabilities

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company number

04579202

Type

Private limited with Share Capital

industry

47250 - Retail sale of beverages in specialised stores

incorporation date

October 2002

age

accounts

Total Exemption Full

ultimate parent company

KHERA (HOLDINGS) LIMITED

previous names

N/A

incorporated

address

14 the square, alvechurch, birmingham, B48 7LA

last accounts submitted

March 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 found 5 charges/mortgages relating to drinksworld limited. Currently there are 2 open charges and 3 have been satisfied in the past.

drinksworld limited Company Information

drinksworld limited Estimated Valuation

drinksworld limited Estimated Valuation

drinksworld limited Estimated Valuation

Drinksworld Limited Overview

Drinksworld Limited Health Check

DRINKSWORLD LIMITED financials

drinksworld limited Credit Report and Business Information

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drinksworld limited Ownership

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drinksworld limited company details

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drinksworld limited Companies House Filings - See Documents