moretto vending services ltd
moretto vending services ltd Company Information
Company Number
05932373
Next Accounts
Dec 2024
Industry
Other food service activities
Directors
Shareholders
john michael kennedy
Group Structure
View All
Contact
Registered Address
99 bramble lane, mansfield, NG18 3NU
Website
-moretto vending services ltd Estimated Valuation
Pomanda estimates the enterprise value of MORETTO VENDING SERVICES LTD at £2.1k based on a Turnover of £6.3k and 0.34x industry multiple (adjusted for size and gross margin).
moretto vending services ltd Estimated Valuation
Pomanda estimates the enterprise value of MORETTO VENDING SERVICES LTD at £0 based on an EBITDA of £-6.9k and a 3.11x industry multiple (adjusted for size and gross margin).
moretto vending services ltd Estimated Valuation
Pomanda estimates the enterprise value of MORETTO VENDING SERVICES LTD at £0 based on Net Assets of £-5.5k and 2.84x industry multiple (adjusted for liquidity).
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Moretto Vending Services Ltd Overview
Moretto Vending Services Ltd is a dissolved company that was located in mansfield, NG18 3NU with a Companies House number of 05932373. It operated in the other food services sector, SIC Code 56290. Founded in September 2006, it's largest shareholder was john michael kennedy with a 100% stake. The last turnover for Moretto Vending Services Ltd was estimated at £6.3k.
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Moretto Vending Services Ltd Health Check
Pomanda's financial health check has awarded Moretto Vending Services Ltd 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 £6.3k, make it smaller than the average company (£873.3k)
£6.3k - Moretto Vending Services Ltd
£873.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -62%, show it is growing at a slower rate (-0.6%)
- Moretto Vending Services Ltd
-0.6% - Industry AVG
Production
with a gross margin of 9%, this company has a higher cost of product (24%)
9% - Moretto Vending Services Ltd
24% - Industry AVG
Profitability
an operating margin of -119.2% make it less profitable than the average company (1.9%)
-119.2% - Moretto Vending Services Ltd
1.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Moretto Vending Services Ltd
19 - Industry AVG
Pay Structure
on an average salary of £10.6k, the company has a lower pay structure (£19.3k)
£10.6k - Moretto Vending Services Ltd
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £6.3k, this is less efficient (£57.8k)
£6.3k - Moretto Vending Services Ltd
£57.8k - Industry AVG
Debtor Days
it gets paid by customers after 434 days, this is later than average (26 days)
434 days - Moretto Vending Services Ltd
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Moretto Vending Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Moretto Vending Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Moretto Vending Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.9%, this is a higher level of debt than the average (66.5%)
159.9% - Moretto Vending Services Ltd
66.5% - Industry AVG
MORETTO VENDING SERVICES LTD financials
Moretto Vending Services Ltd's latest turnover from March 2021 is £6.3 thousand and the company has net assets of -£5.5 thousand. According to their latest financial statements, Moretto Vending Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2016 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,285 | 73,870 | |||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | |||||||||||
| Pre-Tax Profit | -7,492 | 827 | |||||||||||
| Tax | 0 | -305 | |||||||||||
| Profit After Tax | -7,492 | 522 | |||||||||||
| Dividends Paid | 0 | 0 | |||||||||||
| Retained Profit | -7,492 | 522 | |||||||||||
| Employee Costs | 10,628 | 34,314 | |||||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2016 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,757 | 2,343 | 3,123 | 3,838 | 3,632 | 3,632 | 4,051 | 5,728 | 7,366 | 9,463 | 5,837 | 7,784 | 6,733 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 1,757 | 2,343 | 3,123 | 3,838 | 3,632 | 3,632 | 4,051 | 5,728 | 7,366 | 9,463 | 5,837 | 7,784 | 6,733 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,475 | 2,945 | 2,773 | 3,179 | 4,270 | 5,190 |
| Trade Debtors | 7,482 | 6,223 | 7,986 | 20,868 | 40,853 | 40,853 | 27,447 | 3,063 | 2,274 | 2,278 | 195 | 0 | 333 |
| Group Debtors | 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 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,558 | 9,704 | 6,959 | 18,342 | 11,801 | 5,852 |
| misc current assets | 0 | 0 | 1,467 | 1,887 | 1,735 | 1,733 | 4,036 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,482 | 6,223 | 9,453 | 22,755 | 42,588 | 42,586 | 31,483 | 10,096 | 14,923 | 12,010 | 21,716 | 16,071 | 11,375 |
| total assets | 9,239 | 8,566 | 12,576 | 26,593 | 46,220 | 46,218 | 35,534 | 15,824 | 22,289 | 21,473 | 27,553 | 23,855 | 18,108 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 305 | 2,066 | 17,053 | 34,577 | 35,577 | 27,711 | 8,504 | 16,257 | 14,911 | 18,711 | 18,024 | 18,315 |
| Group/Directors Accounts | 0 | 0 | 4,627 | 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 |
| hp & lease commitments | 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 |
| total current liabilities | 0 | 305 | 6,693 | 17,053 | 34,577 | 35,577 | 27,711 | 8,504 | 16,257 | 14,911 | 18,711 | 18,024 | 18,315 |
| loans | 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 |
| Accruals and Deferred Income | 950 | 1,107 | 2,448 | 0 | 2,143 | 2,143 | 1,663 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 13,824 | 5,197 | 0 | 1,641 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 380 | 899 | 1,173 | 1,526 | 720 | 1,048 | 681 |
| total long term liabilities | 14,774 | 6,304 | 2,448 | 1,641 | 2,143 | 2,143 | 2,043 | 899 | 1,173 | 1,526 | 720 | 1,048 | 681 |
| total liabilities | 14,774 | 6,609 | 9,141 | 18,694 | 36,720 | 37,720 | 29,754 | 9,403 | 17,430 | 16,437 | 19,431 | 19,072 | 18,996 |
| net assets | -5,535 | 1,957 | 3,435 | 7,899 | 9,500 | 8,498 | 5,780 | 6,421 | 4,859 | 5,036 | 8,122 | 4,783 | -888 |
| total shareholders funds | -5,535 | 1,957 | 3,435 | 7,899 | 9,500 | 8,498 | 5,780 | 6,421 | 4,859 | 5,036 | 8,122 | 4,783 | -888 |
| Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2016 | Sep 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 586 | 780 | 1,910 | 2,456 | 3,154 | 1,947 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | 0 | -305 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -2,475 | -2,475 | -470 | 172 | -406 | -1,091 | -920 | 5,190 |
| Debtors | 1,259 | -1,763 | -12,882 | -19,985 | 0 | 37,790 | 24,384 | 789 | -4 | 2,083 | 195 | -333 | 333 |
| Creditors | -305 | -1,761 | -14,987 | -17,524 | -1,000 | 27,073 | 19,207 | -7,753 | 1,346 | -3,800 | 687 | -291 | 18,315 |
| Accruals and Deferred Income | -157 | -1,341 | 2,448 | -2,143 | 0 | 2,143 | 1,663 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -899 | -519 | -274 | -353 | 806 | -328 | 367 | 681 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | 0 | -4,627 | 4,627 | 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 |
| Long term loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| other long term liabilities | 8,627 | 5,197 | -1,641 | 1,641 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | |||||||||||
| cash flow from financing | 8,627 | -1,430 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -4,558 | -4,558 | -5,146 | 2,745 | -11,383 | 6,541 | 5,949 | 5,852 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -4,558 | -4,558 | -5,146 | 2,745 | -11,383 | 6,541 | 5,949 | 5,852 |
moretto vending services ltd Credit Report and Business Information
Moretto Vending Services Ltd Competitor Analysis
Perform a competitor analysis for moretto vending services ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in NG18 area or any other competitors across 12 key performance metrics.
moretto vending services ltd Ownership
MORETTO VENDING SERVICES LTD group structure
Moretto Vending Services Ltd has no subsidiary companies.
Ultimate parent company
MORETTO VENDING SERVICES LTD
05932373
moretto vending services ltd directors
Moretto Vending Services Ltd currently has 1 director, Mr John Kennedy serving since Sep 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Kennedy | England | 59 years | Sep 2006 | - | Director |
P&L
March 2021turnover
6.3k
-91%
operating profit
-7.5k
0%
gross margin
9.1%
-37.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-5.5k
-3.83%
total assets
9.2k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
moretto vending services ltd company details
company number
05932373
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
September 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
BOOKKEEPING PLUS SOLUTIONS LIMITED
auditor
-
address
99 bramble lane, mansfield, NG18 3NU
Bank
-
Legal Advisor
-
moretto vending services ltd 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 moretto vending services ltd.
moretto vending services ltd 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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moretto vending services ltd Companies House Filings - See Documents
| date | description | view/download |
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