radish food services group limited
radish food services group limited Company Information
Company Number
05168372
Registered Address
coal exchange building, mount stuart square, cardiff, CF10 5FQ
Industry
Other food service activities
Telephone
448453451576
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
churchill contract services group holdings limited 100%
radish food services group limited Estimated Valuation
Pomanda estimates the enterprise value of RADISH FOOD SERVICES GROUP LIMITED at £5.7m based on a Turnover of £14.6m and 0.39x industry multiple (adjusted for size and gross margin).
radish food services group limited Estimated Valuation
Pomanda estimates the enterprise value of RADISH FOOD SERVICES GROUP LIMITED at £0 based on an EBITDA of £-971.7k and a 3.34x industry multiple (adjusted for size and gross margin).
radish food services group limited Estimated Valuation
Pomanda estimates the enterprise value of RADISH FOOD SERVICES GROUP LIMITED at £0 based on Net Assets of £-7.2m and 2.88x industry multiple (adjusted for liquidity).
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Radish Food Services Group Limited Overview
Radish Food Services Group Limited is a live company located in cardiff, CF10 5FQ with a Companies House number of 05168372. It operates in the other food services sector, SIC Code 56290. Founded in July 2004, it's largest shareholder is churchill contract services group holdings limited with a 100% stake. Radish Food Services Group Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.6m with healthy growth in recent years.
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Radish Food Services Group Limited Health Check
Pomanda's financial health check has awarded Radish Food Services Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £14.6m, make it larger than the average company (£1.6m)
£14.6m - Radish Food Services Group Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.9%)
7% - Radish Food Services Group Limited
6.9% - Industry AVG
Production
with a gross margin of 6.6%, this company has a higher cost of product (26.3%)
6.6% - Radish Food Services Group Limited
26.3% - Industry AVG
Profitability
an operating margin of -7% make it less profitable than the average company (3.1%)
-7% - Radish Food Services Group Limited
3.1% - Industry AVG
Employees
with 466 employees, this is above the industry average (16)
466 - Radish Food Services Group Limited
16 - Industry AVG
Pay Structure
on an average salary of £16.2k, the company has a lower pay structure (£23.1k)
£16.2k - Radish Food Services Group Limited
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £31.3k, this is less efficient (£68.7k)
£31.3k - Radish Food Services Group Limited
£68.7k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (29 days)
58 days - Radish Food Services Group Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (33 days)
13 days - Radish Food Services Group Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is in line with average (12 days)
9 days - Radish Food Services Group Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (22 weeks)
8 weeks - Radish Food Services Group Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 240.1%, this is a higher level of debt than the average (70.8%)
240.1% - Radish Food Services Group Limited
70.8% - Industry AVG
RADISH FOOD SERVICES GROUP LIMITED financials
Radish Food Services Group Limited's latest turnover from June 2023 is £14.6 million and the company has net assets of -£7.2 million. According to their latest financial statements, Radish Food Services Group Limited has 466 employees and maintains cash reserves of £2.1 million 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 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Aug 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,571,525 | 12,577,230 | 8,249,407 | 11,847,963 | 14,387,721 | 12,602,744 | 6,392,645 | 9,627,675 | 8,275,947 | 1,993,620 | 2,404,725 | 2,631,300 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 13,617,634 | 10,594,810 | 7,506,760 | 11,040,832 | 12,968,328 | 11,090,158 | 5,536,377 | 9,050,951 | 7,458,659 | 1,798,580 | 2,015,743 | 2,124,411 | ||||
| Gross Profit | 953,891 | 1,982,420 | 742,647 | 807,131 | 1,419,393 | 1,512,586 | 856,268 | 576,724 | 817,288 | 195,040 | 388,982 | 506,889 | ||||
| Admin Expenses | 637,103 | 2,344,284 | 2,403,173 | 2,648,117 | 1,280,283 | 1,205,474 | 2,853,288 | 423,445 | 489,529 | 527,497 | ||||||
| Operating Profit | 105,544 | -1,537,153 | -983,780 | -1,135,531 | -424,015 | -628,750 | -2,036,000 | -228,405 | -100,547 | -20,608 | ||||||
| Interest Payable | 0 | 0 | 4,556 | 5 | 0 | 0 | 0 | 0 | 417 | 153 | 6,378 | 9,218 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1,416 | ||||
| Pre-Tax Profit | -911,469 | 465,663 | 100,988 | -1,537,158 | -803,221 | -1,135,531 | -424,015 | -628,750 | -2,036,417 | -228,558 | -106,924 | -28,410 | ||||
| Tax | -3,864 | 87,941 | 0 | 0 | 0 | 0 | 0 | -16 | 210 | 0 | -2,644 | -529 | ||||
| Profit After Tax | -915,333 | 553,604 | 100,988 | -1,537,158 | -803,221 | -1,135,531 | -424,015 | -628,766 | -2,036,207 | -228,558 | -109,568 | -28,939 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -915,333 | 553,604 | 100,988 | -1,537,158 | -803,221 | -1,135,531 | -424,015 | -628,766 | -2,036,207 | -228,558 | -109,568 | -28,939 | ||||
| Employee Costs | 7,560,104 | 6,943,960 | 5,608,064 | 7,199,686 | 8,305,596 | 6,957,578 | 3,666,337 | 4,685,922 | 4,054,806 | 1,100,390 | ||||||
| Number Of Employees | 466 | 474 | 413 | 474 | 578 | 492 | 226 | 368 | 374 | 147 | ||||||
| EBITDA* | 139,714 | -1,453,969 | -905,380 | -978,203 | -339,634 | -457,552 | -1,773,426 | -167,118 | -60,046 | 42,811 |
* 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 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Aug 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 49,120 | 89,491 | 24,178 | 61,113 | 145,652 | 254,629 | 187,089 | 211,077 | 285,980 | 63,542 | 0 | 0 | 0 | 0 | 84,360 | 106,700 |
| Intangible Assets | 0 | 0 | 0 | 0 | 1,264,862 | 1,535,904 | 56,952 | 56,952 | 56,952 | 1,486,952 | 0 | 0 | 0 | 0 | 0 | 58,745 |
| Investments & Other | 0 | 0 | 0 | 0 | 1,000 | 734,059 | 2,387,000 | 2,387,000 | 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 | 0 | 0 |
| Total Fixed Assets | 49,120 | 89,491 | 24,178 | 61,113 | 1,411,514 | 2,524,592 | 2,631,041 | 2,655,029 | 342,932 | 1,550,494 | 0 | 0 | 0 | 0 | 84,360 | 165,445 |
| Stock & work in progress | 360,731 | 394,084 | 222,444 | 240,014 | 267,678 | 332,532 | 126,831 | 203,676 | 257,367 | 132,396 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,350,195 | 2,405,122 | 1,768,713 | 1,510,234 | 3,407,627 | 3,089,585 | 1,248,007 | 1,124,674 | 1,155,506 | 882,432 | 0 | 0 | 0 | 0 | 340,482 | 457,490 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,885 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 290,919 | 210,003 | 114,215 | 209,601 | 357,407 | 516,418 | 150,994 | 126,732 | 13,715 | 104,662 | 0 | 0 | 0 | 0 | 232,312 | 41,778 |
| Cash | 2,119,849 | 1,922,692 | 1,706,461 | 1,846,085 | 402,716 | 1,465,676 | 634,265 | 811,541 | 597,732 | 324,106 | 0 | 0 | 0 | 0 | 6,073 | 2,999 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,121,694 | 4,931,901 | 3,811,833 | 3,805,934 | 4,435,428 | 5,404,211 | 2,160,097 | 2,282,508 | 2,024,320 | 1,443,596 | 0 | 0 | 0 | 0 | 578,867 | 502,267 |
| total assets | 5,170,814 | 5,021,392 | 3,836,011 | 3,867,047 | 5,846,942 | 7,928,803 | 4,791,138 | 4,937,537 | 2,367,252 | 2,994,090 | 0 | 0 | 0 | 0 | 663,227 | 667,712 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,910 | 77,131 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 507,375 | 547,212 | 309,789 | 317,284 | 717,324 | 1,400,756 | 720,375 | 422,416 | 801,236 | 778,915 | 0 | 0 | 0 | 0 | 28,593 | 197,919 |
| Group/Directors Accounts | 10,358,230 | 9,623,486 | 9,393,549 | 9,121,770 | 8,982,150 | 9,435,001 | 4,958,152 | 4,036,485 | 1,484,401 | 176,644 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 450,000 | 0 | 0 | 0 | 0 | 0 | 0 | 304,658 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 441 | 2,646 | 2,646 | 0 | 0 | 0 | 0 | 0 | 25,187 | 18,562 |
| other current liabilities | 1,549,193 | 1,179,345 | 1,014,928 | 1,411,236 | 1,593,553 | 1,735,910 | 868,303 | 1,357,667 | 779,234 | 705,676 | 0 | 0 | 0 | 0 | 350,145 | 313,875 |
| total current liabilities | 12,414,798 | 11,350,043 | 10,718,266 | 10,850,290 | 11,293,027 | 12,571,667 | 6,547,271 | 6,269,214 | 3,067,517 | 1,661,235 | 0 | 0 | 0 | 0 | 744,493 | 607,487 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 1,738,057 | 1,738,057 | 1,738,057 | 1,738,057 | 0 | 0 | 0 | 0 | 0 | 31,755 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 441 | 3,087 | 0 | 0 | 0 | 0 | 0 | 26,827 | 26,995 |
| Accruals and Deferred Income | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,738,057 | 1,738,498 | 1,741,144 | 1,738,057 | 0 | 0 | 0 | 0 | 26,827 | 58,750 |
| total liabilities | 12,414,798 | 11,350,043 | 10,718,266 | 10,850,290 | 11,293,027 | 12,571,667 | 8,285,328 | 8,007,712 | 4,808,661 | 3,399,292 | 0 | 0 | 0 | 0 | 771,320 | 666,237 |
| net assets | -7,243,984 | -6,328,651 | -6,882,255 | -6,983,243 | -5,446,085 | -4,642,864 | -3,494,190 | -3,070,175 | -2,441,409 | -405,202 | 0 | 0 | 0 | 0 | -108,093 | 1,475 |
| total shareholders funds | -7,243,984 | -6,328,651 | -6,882,255 | -6,983,243 | -5,446,085 | -4,642,864 | -3,494,190 | -3,070,175 | -2,441,409 | -405,202 | 0 | 0 | 0 | 0 | -108,093 | 1,475 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Aug 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 105,544 | -1,537,153 | -983,780 | -1,135,531 | -424,015 | -628,750 | -2,036,000 | -228,405 | -100,547 | -20,608 | ||||||
| Depreciation | 44,719 | 31,907 | 34,170 | 83,184 | 78,400 | 157,328 | 84,381 | 171,198 | 108,751 | 10,014 | 25,815 | 33,110 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 153,823 | 51,273 | 14,686 | 30,309 | ||||
| Tax | -3,864 | 87,941 | 0 | 0 | 0 | 0 | 0 | -16 | 210 | 0 | -2,644 | -529 | ||||
| Stock | -33,353 | 171,640 | -17,570 | -27,664 | -64,854 | 205,701 | -76,845 | -53,691 | 124,971 | 132,396 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 25,989 | 732,197 | 163,093 | -2,045,199 | 159,031 | 2,207,002 | 131,710 | 98,070 | 182,127 | 987,094 | 0 | 0 | 0 | -499,268 | 73,526 | 499,268 |
| Creditors | -39,837 | 237,423 | -7,495 | -400,040 | -683,432 | 680,381 | 297,959 | -378,820 | 22,321 | 778,915 | 0 | 0 | 0 | -197,919 | -169,326 | 197,919 |
| Accruals and Deferred Income | 369,848 | 164,417 | -396,308 | -182,317 | -142,357 | 867,607 | -489,364 | 578,433 | 73,558 | 705,676 | 0 | 0 | 0 | -313,875 | 36,270 | 313,875 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -409,612 | 36,537 | -1,825,346 | -1,842,918 | -585,904 | -302,334 | -1,984,435 | 197,983 | -269,272 | 54,808 | ||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | 0 | 0 | 0 | -1,000 | -733,059 | -1,652,941 | 0 | 2,387,000 | 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 | 0 | 0 |
| Group/Directors Accounts | 734,744 | 229,937 | 271,779 | 139,620 | -452,851 | 4,476,849 | 921,667 | 2,552,084 | 1,307,757 | 176,644 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -450,000 | 450,000 | 0 | 0 | 0 | 0 | 0 | 0 | 304,658 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -1,738,057 | 0 | 0 | 0 | 1,738,057 | 0 | 0 | 0 | -31,755 | -31,755 | 31,755 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -441 | -2,646 | -2,646 | 5,733 | 0 | 0 | 0 | 0 | -45,557 | 6,457 | 45,557 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||||
| interest | 0 | 0 | -4,556 | -5 | 0 | 0 | 0 | 0 | -417 | -153 | -6,377 | -7,802 | ||||
| cash flow from financing | 734,744 | 229,937 | 267,223 | 139,615 | -452,851 | 2,725,208 | 469,021 | 2,999,438 | 1,313,073 | 1,737,904 | 272,983 | 99,924 | ||||
| cash and cash equivalents | ||||||||||||||||
| cash | 197,157 | 216,231 | -139,624 | 1,443,369 | -1,062,960 | 831,411 | -177,276 | 213,809 | 273,626 | 324,106 | 0 | 0 | 0 | -2,999 | 3,074 | 2,999 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -77,131 | -41,221 | 77,131 |
| change in cash | 197,157 | 216,231 | -139,624 | 1,443,369 | -1,062,960 | 831,411 | -177,276 | 213,809 | 273,626 | 324,106 | 0 | 0 | 0 | 74,132 | 44,295 | -74,132 |
radish food services group limited Credit Report and Business Information
Radish Food Services Group Limited Competitor Analysis
Perform a competitor analysis for radish food services group limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in CF10 area or any other competitors across 12 key performance metrics.
radish food services group limited Ownership
RADISH FOOD SERVICES GROUP LIMITED group structure
Radish Food Services Group Limited has 1 subsidiary company.
Ultimate parent company
ESO INVESTCO VII EQUITYCO SARL
#0124002
2 parents
RADISH FOOD SERVICES GROUP LIMITED
05168372
1 subsidiary
radish food services group limited directors
Radish Food Services Group Limited currently has 2 directors. The longest serving directors include Mr Philip Moxom (Aug 2010) and Mr Ashley Govier (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Moxom | England | 63 years | Aug 2010 | - | Director |
| Mr Ashley Govier | United Kingdom | 41 years | May 2024 | - | Director |
P&L
June 2023turnover
14.6m
+16%
operating profit
-1m
0%
gross margin
6.6%
-58.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-7.2m
+0.14%
total assets
5.2m
+0.03%
cash
2.1m
+0.1%
net assets
Total assets minus all liabilities
radish food services group limited company details
company number
05168372
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
July 2004
age
20
accounts
Full Accounts
ultimate parent company
previous names
churchill contract catering limited (May 2024)
knight hawk security ltd (January 2014)
incorporated
UK
address
coal exchange building, mount stuart square, cardiff, CF10 5FQ
last accounts submitted
June 2023
radish food services group 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 14 charges/mortgages relating to radish food services group limited. Currently there are 2 open charges and 12 have been satisfied in the past.
radish food services group limited Companies House Filings - See Documents
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