morelli's gelato london (one) limited
morelli's gelato london (one) limited Company Information
Company Number
06356786
Next Accounts
Sep 2025
Directors
Shareholders
morelli's gelato ltd
Group Structure
View All
Industry
Other retail sale of food in specialised stores
Registered Address
regina house 124 finchley road, london, NW3 5JS
Website
www.morellis.commorelli's gelato london (one) limited Estimated Valuation
Pomanda estimates the enterprise value of MORELLI'S GELATO LONDON (ONE) LIMITED at £80.2k based on a Turnover of £258.2k and 0.31x industry multiple (adjusted for size and gross margin).
morelli's gelato london (one) limited Estimated Valuation
Pomanda estimates the enterprise value of MORELLI'S GELATO LONDON (ONE) LIMITED at £40.2k based on an EBITDA of £11.4k and a 3.51x industry multiple (adjusted for size and gross margin).
morelli's gelato london (one) limited Estimated Valuation
Pomanda estimates the enterprise value of MORELLI'S GELATO LONDON (ONE) LIMITED at £0 based on Net Assets of £-2.1m and 2.26x industry multiple (adjusted for liquidity).
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Morelli's Gelato London (one) Limited Overview
Morelli's Gelato London (one) Limited is a live company located in london, NW3 5JS with a Companies House number of 06356786. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in August 2007, it's largest shareholder is morelli's gelato ltd with a 100% stake. Morelli's Gelato London (one) Limited is a established, micro sized company, Pomanda has estimated its turnover at £258.2k with declining growth in recent years.
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Morelli's Gelato London (one) Limited Health Check
Pomanda's financial health check has awarded Morelli'S Gelato London (One) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £258.2k, make it smaller than the average company (£834.5k)
- Morelli's Gelato London (one) Limited
£834.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.4%)
- Morelli's Gelato London (one) Limited
7.4% - Industry AVG
Production
with a gross margin of 37.2%, this company has a comparable cost of product (37.2%)
- Morelli's Gelato London (one) Limited
37.2% - Industry AVG
Profitability
an operating margin of 3.7% make it more profitable than the average company (2.6%)
- Morelli's Gelato London (one) Limited
2.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Morelli's Gelato London (one) Limited
19 - Industry AVG
Pay Structure
on an average salary of £57.7k, the company has a higher pay structure (£17k)
£57.7k - Morelli's Gelato London (one) Limited
£17k - Industry AVG
Efficiency
resulting in sales per employee of £129.1k, this is more efficient (£82.1k)
- Morelli's Gelato London (one) Limited
£82.1k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (23 days)
- Morelli's Gelato London (one) Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (33 days)
- Morelli's Gelato London (one) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 105 days, this is more than average (26 days)
- Morelli's Gelato London (one) Limited
26 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Morelli's Gelato London (one) Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 827%, this is a higher level of debt than the average (83.7%)
827% - Morelli's Gelato London (one) Limited
83.7% - Industry AVG
MORELLI'S GELATO LONDON (ONE) LIMITED financials
Morelli'S Gelato London (One) Limited's latest turnover from December 2023 is estimated at £258.2 thousand and the company has net assets of -£2.1 million. According to their latest financial statements, Morelli'S Gelato London (One) Limited has 2 employees and maintains cash reserves of £101 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 115,451 | 112,543 | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 4,907 | 6,870 | 5,898 | 7,771 | 15,541 | 23,491 | 15,331 | 14,648 | 1,972 | 76,011 | 121,372 | ||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,907 | 6,870 | 5,898 | 7,771 | 15,541 | 23,491 | 15,331 | 14,648 | 1,972 | 76,011 | 121,372 | ||||
| Stock & work in progress | 46,705 | 36,399 | 36,785 | 36,537 | 17,477 | 20,232 | 29,064 | 31,053 | 39,170 | 12,776 | 11,276 | 18,556 | 10,765 | 63,882 | 84,973 |
| Trade Debtors | 28,860 | 28,828 | 32,544 | 11,558 | 21,346 | 35,345 | 40,499 | 56,821 | 278,153 | 68,669 | 60,114 | 84,489 | 96,676 | 156,858 | |
| Group Debtors | 205,798 | 164,520 | 137,337 | 181,901 | 145,883 | 223,018 | 305,856 | 222,616 | 211,914 | ||||||
| Misc Debtors | 2,042 | 1,969 | 1,642 | 93,827 | 108,512 | 81,524 | 42,374 | 58,087 | 49,572 | ||||||
| Cash | 101 | 7,067 | 289 | 137 | 5,757 | 11,576 | 8,781 | 12,782 | 33,162 | 167,577 | 106,355 | ||||
| misc current assets | |||||||||||||||
| total current assets | 283,506 | 231,716 | 208,308 | 330,890 | 272,161 | 346,257 | 418,396 | 363,831 | 366,258 | 303,711 | 79,945 | 78,670 | 128,416 | 328,135 | 348,186 |
| total assets | 288,413 | 238,586 | 208,308 | 336,788 | 272,161 | 346,257 | 418,396 | 371,602 | 381,799 | 327,202 | 95,276 | 93,318 | 130,388 | 404,146 | 469,558 |
| Bank overdraft | 211 | 1,925 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,533 | 34,514 | 83,054 | 79,817 | 86,968 | 90,159 | 107,612 | 38,136 | 19,763 | 63,532 | 118,301 | 612,813 | 378,604 | 474,489 | 520,621 |
| Group/Directors Accounts | 248,656 | 127,467 | 216,263 | 178,893 | 158,453 | 115,866 | 53,684 | ||||||||
| other short term finances | 1,401,882 | 1,478,820 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 722,958 | 541,615 | 1,531,467 | 1,547,398 | 150,208 | 116,519 | 101,665 | 47,565 | 9,033 | ||||||
| total current liabilities | 2,385,029 | 2,182,627 | 1,832,709 | 1,806,108 | 395,629 | 322,544 | 262,961 | 85,701 | 28,796 | 63,532 | 118,301 | 612,813 | 378,604 | 474,489 | 520,621 |
| loans | 190,486 | 1,023,612 | 639,534 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 195,486 | 1,434,135 | 1,382,135 | 1,326,078 | 1,471,745 | 1,160,614 | 11,895 | 11,894 | 12,908 | ||||||
| provisions | 3,737 | 3,737 | 3,737 | 3,737 | |||||||||||
| total long term liabilities | 195,486 | 190,486 | 1,434,135 | 1,382,135 | 1,326,078 | 1,471,745 | 1,160,614 | 1,023,612 | 639,534 | 3,737 | 15,632 | 15,631 | 16,645 | ||
| total liabilities | 2,385,029 | 2,182,627 | 2,028,195 | 1,996,594 | 1,829,764 | 1,704,679 | 1,589,039 | 1,557,446 | 1,189,410 | 1,087,144 | 757,835 | 616,550 | 394,236 | 490,120 | 537,266 |
| net assets | -2,096,616 | -1,944,041 | -1,819,887 | -1,659,806 | -1,557,603 | -1,358,422 | -1,170,643 | -1,185,844 | -807,611 | -759,942 | -662,559 | -523,232 | -263,848 | -85,974 | -67,708 |
| total shareholders funds | -2,096,616 | -1,944,041 | -1,819,887 | -1,659,806 | -1,557,603 | -1,358,422 | -1,170,643 | -1,185,844 | -807,611 | -759,942 | -662,559 | -523,232 | -263,848 | -85,974 | -67,708 |
| Dec 2023 | 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 | 1,963 | 982 | 1,966 | 7,771 | 7,770 | 7,950 | 9,752 | 5,275 | 493 | 75,840 | 68,067 | 55,318 | |||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 10,306 | -386 | 248 | 19,060 | -2,755 | -8,832 | -1,989 | -8,117 | 26,394 | 1,500 | -7,280 | 7,791 | -53,117 | -21,091 | 84,973 |
| Debtors | 41,383 | 23,794 | -115,763 | 32,891 | -71,493 | -57,687 | 62,373 | 2,895 | 40,154 | 209,484 | 8,555 | -24,375 | -12,187 | -60,182 | 156,858 |
| Creditors | -22,981 | -48,540 | 3,237 | -7,151 | -3,191 | -17,453 | 69,476 | 18,373 | -43,769 | -54,769 | -494,512 | 234,209 | -95,885 | -46,132 | 520,621 |
| Accruals and Deferred Income | 181,343 | -989,852 | -15,931 | 1,397,190 | 33,689 | 14,854 | 54,100 | 38,532 | 9,033 | ||||||
| Deferred Taxes & Provisions | -3,737 | 3,737 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 121,189 | -88,796 | 37,370 | 20,440 | 42,587 | 62,182 | 53,684 | ||||||||
| Other Short Term Loans | -76,938 | 1,478,820 | |||||||||||||
| Long term loans | -190,486 | 190,486 | -1,023,612 | 384,078 | 639,534 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -195,486 | 195,486 | -1,434,135 | 52,000 | 56,057 | -145,667 | 311,131 | 1,160,614 | -11,895 | 1 | -1,014 | 12,908 | |||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 101 | -7,067 | 6,778 | 152 | -5,620 | -5,819 | 2,795 | -4,001 | 12,782 | -33,162 | -134,415 | 61,222 | 106,355 | ||
| overdraft | -211 | -1,714 | 1,925 | ||||||||||||
| change in cash | 312 | 1,714 | -8,992 | 6,778 | 152 | -5,620 | -5,819 | 2,795 | -4,001 | 12,782 | -33,162 | -134,415 | 61,222 | 106,355 |
morelli's gelato london (one) limited Credit Report and Business Information
Morelli's Gelato London (one) Limited Competitor Analysis
Perform a competitor analysis for morelli's gelato london (one) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NW3 area or any other competitors across 12 key performance metrics.
morelli's gelato london (one) limited Ownership
MORELLI'S GELATO LONDON (ONE) LIMITED group structure
Morelli'S Gelato London (One) Limited has no subsidiary companies.
Ultimate parent company
1 parent
MORELLI'S GELATO LONDON (ONE) LIMITED
06356786
morelli's gelato london (one) limited directors
Morelli'S Gelato London (One) Limited currently has 1 director, Mrs Elba Morelli Schofield serving since Aug 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Elba Morelli Schofield | England | 51 years | Aug 2007 | - | Director |
P&L
December 2023turnover
258.2k
-11%
operating profit
9.5k
0%
gross margin
37.2%
+4.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.1m
+0.08%
total assets
288.4k
+0.21%
cash
101
0%
net assets
Total assets minus all liabilities
morelli's gelato london (one) limited company details
company number
06356786
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
August 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
regina house 124 finchley road, london, NW3 5JS
Bank
-
Legal Advisor
-
morelli's gelato london (one) 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 1 charges/mortgages relating to morelli's gelato london (one) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
morelli's gelato london (one) 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.
Click to start generating capital raising & share issue transactions for MORELLI'S GELATO LONDON (ONE) LIMITED. This can take several minutes, an email will notify you when this has completed.
morelli's gelato london (one) limited Companies House Filings - See Documents
| date | description | view/download |
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