majestik food (uk) limited
majestik food (uk) limited Company Information
Company Number
04865383
Next Accounts
Dec 2024
Industry
Event catering activities
Directors
Shareholders
abisola christos-wahab
georgina funke ayoola
View AllGroup Structure
View All
Contact
Registered Address
63/66 63/66 hatton garden, fifth floor, suite 23, london, EC1N 8LE
Website
www.majestikfood.co.ukmajestik food (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MAJESTIK FOOD (UK) LIMITED at £1.6k based on a Turnover of £3.7k and 0.44x industry multiple (adjusted for size and gross margin).
majestik food (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MAJESTIK FOOD (UK) LIMITED at £0 based on an EBITDA of £-950 and a 3.53x industry multiple (adjusted for size and gross margin).
majestik food (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of MAJESTIK FOOD (UK) LIMITED at £0 based on Net Assets of £-17.6k and 3.1x industry multiple (adjusted for liquidity).
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Majestik Food (uk) Limited Overview
Majestik Food (uk) Limited is a live company located in london, EC1N 8LE with a Companies House number of 04865383. It operates in the event catering activities sector, SIC Code 56210. Founded in August 2003, it's largest shareholder is abisola christos-wahab with a 95.5% stake. Majestik Food (uk) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £3.7k with declining growth in recent years.
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Majestik Food (uk) Limited Health Check
Pomanda's financial health check has awarded Majestik Food (Uk) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
8 Weak
Size
annual sales of £3.7k, make it smaller than the average company (£501.4k)
£3.7k - Majestik Food (uk) Limited
£501.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (-1.6%)
-20% - Majestik Food (uk) Limited
-1.6% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (43.4%)
20% - Majestik Food (uk) Limited
43.4% - Industry AVG
Profitability
an operating margin of -32.2% make it less profitable than the average company (6.1%)
-32.2% - Majestik Food (uk) Limited
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Majestik Food (uk) Limited
10 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Majestik Food (uk) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £3.7k, this is less efficient (£47.6k)
£3.7k - Majestik Food (uk) Limited
£47.6k - Industry AVG
Debtor Days
it gets paid by customers after 1349 days, this is later than average (34 days)
1349 days - Majestik Food (uk) Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 1047 days, this is slower than average (30 days)
1047 days - Majestik Food (uk) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Majestik Food (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Majestik Food (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 226.5%, this is a higher level of debt than the average (87%)
226.5% - Majestik Food (uk) Limited
87% - Industry AVG
MAJESTIK FOOD (UK) LIMITED financials
Majestik Food (Uk) Limited's latest turnover from March 2023 is £3.7 thousand and the company has net assets of -£17.6 thousand. According to their latest financial statements, Majestik Food (Uk) Limited has 1 employee and maintains cash reserves of 0 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,675 | 3,095 | 6,901 | 7,153 | 5,583 | 4,044 | 10,384 | 5,700 | 11,895 | 34,319 | ||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 14,981 | |||||||||||||
| Gross Profit | 19,338 | |||||||||||||
| Admin Expenses | 23,436 | |||||||||||||
| Operating Profit | -4,098 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | -1,185 | -1,271 | -903 | -927 | -843 | -767 | -777 | 47 | -1,992 | -4,184 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Profit After Tax | -1,185 | -1,271 | -903 | -927 | -843 | -767 | -777 | 47 | -1,992 | -4,184 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -1,185 | -1,271 | -903 | -927 | -843 | -767 | -777 | 47 | -1,992 | -4,184 | ||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,120 | |||||
| Number Of Employees | 1 | 2 | 1 | 1 | ||||||||||
| EBITDA* | -2,948 |
* 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 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 314 | 419 | 560 | 746 | 947 | 1,262 | 1,682 | 4,367 | 5,776 | 0 | 2,744 | 3,451 | 4,439 | 3,302 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,275 | 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 | 314 | 419 | 560 | 746 | 947 | 1,262 | 1,682 | 4,367 | 5,776 | 7,275 | 2,744 | 3,451 | 4,439 | 3,302 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 150 | 90 | 110 | 95 |
| Trade Debtors | 13,584 | 12,703 | 17,305 | 1,347 | 2,074 | 3,505 | 1,903 | 164 | 34 | 200 | 0 | 0 | 4,515 | 1,413 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 118 | 9 | 270 | 2,366 | 13 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,584 | 12,703 | 17,305 | 1,347 | 2,074 | 3,505 | 1,903 | 164 | 34 | 348 | 159 | 360 | 6,991 | 1,521 |
| total assets | 13,898 | 13,122 | 17,865 | 2,093 | 3,021 | 4,767 | 3,585 | 4,531 | 5,810 | 7,623 | 2,903 | 3,811 | 11,430 | 4,823 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 184 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,443 | 93 | 743 | 9,568 | 9,569 | 10,471 | 8,522 | 9,690 | 11,017 | 10,338 | 300 | 3,108 | 0 | 1,893 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,443 | 93 | 743 | 9,568 | 9,569 | 10,471 | 8,522 | 9,690 | 11,017 | 10,338 | 300 | 3,108 | 184 | 1,893 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 758 |
| 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 | 23,039 | 28,524 | 32,249 | 6,749 | 6,748 | 6,748 | 6,749 | 5,750 | 5,750 | 6,250 | 12,581 | 10,112 | 16,472 | 6,904 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 23,039 | 28,524 | 32,249 | 6,749 | 6,748 | 6,748 | 6,749 | 5,750 | 5,750 | 6,250 | 12,581 | 10,112 | 16,472 | 7,662 |
| total liabilities | 31,482 | 28,617 | 32,992 | 16,317 | 16,317 | 17,219 | 15,271 | 15,440 | 16,767 | 16,588 | 12,881 | 13,220 | 16,656 | 9,555 |
| net assets | -17,584 | -15,495 | -15,127 | -14,224 | -13,296 | -12,452 | -11,686 | -10,909 | -10,957 | -8,965 | -9,978 | -9,409 | -5,226 | -4,732 |
| total shareholders funds | -17,584 | -15,495 | -15,127 | -14,224 | -13,296 | -12,452 | -11,686 | -10,909 | -10,957 | -8,965 | -9,978 | -9,409 | -5,226 | -4,732 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -4,098 | |||||||||||||
| Depreciation | 235 | 785 | 688 | 0 | 0 | 0 | 1,453 | 2,425 | 914 | 1,150 | 1,479 | 1,100 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30 | -120 | 60 | -20 | 15 | 95 |
| Debtors | 881 | -4,602 | 15,958 | -727 | -1,431 | 1,602 | 1,739 | 130 | -166 | 200 | 0 | -4,515 | 3,102 | 1,413 |
| Creditors | 8,350 | -650 | -8,825 | -1 | -902 | 1,949 | -1,168 | -1,327 | 679 | 10,038 | -2,808 | 3,108 | -1,893 | 1,893 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 4,695 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,275 | 7,275 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | -758 | 758 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,485 | -3,725 | 25,500 | 1 | 0 | -1 | 999 | 0 | -500 | -6,331 | 2,469 | -6,360 | 9,568 | 6,904 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -86 | ||||
| cash flow from financing | -6,389 | -2,822 | 25,500 | 0 | -1 | 0 | 999 | 1 | -500 | -6,445 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -118 | 109 | -261 | -2,096 | 2,353 | 13 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -184 | 184 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -118 | 109 | -261 | -1,912 | 2,169 | 13 |
majestik food (uk) limited Credit Report and Business Information
Majestik Food (uk) Limited Competitor Analysis
Perform a competitor analysis for majestik food (uk) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EC1N area or any other competitors across 12 key performance metrics.
majestik food (uk) limited Ownership
MAJESTIK FOOD (UK) LIMITED group structure
Majestik Food (Uk) Limited has no subsidiary companies.
Ultimate parent company
MAJESTIK FOOD (UK) LIMITED
04865383
majestik food (uk) limited directors
Majestik Food (Uk) Limited currently has 1 director, Mrs Abisola Christos-Wahab serving since Apr 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Abisola Christos-Wahab | 59 years | Apr 2009 | - | Director |
P&L
March 2023turnover
3.7k
+19%
operating profit
-1.2k
0%
gross margin
20%
+56.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-17.6k
+0.13%
total assets
13.9k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
majestik food (uk) limited company details
company number
04865383
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
August 2003
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
63/66 63/66 hatton garden, fifth floor, suite 23, london, EC1N 8LE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
majestik food (uk) 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 did not find charges/mortgages relating to majestik food (uk) limited.
majestik food (uk) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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majestik food (uk) limited Companies House Filings - See Documents
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