nero coffee roasting limited
nero coffee roasting limited Company Information
Company Number
06872482
Next Accounts
Feb 2025
Industry
Production of coffee and coffee substitutes
Shareholders
italian coffee holdings ltd
Group Structure
View All
Contact
Registered Address
9-15 neal street, london, WC2H 9QL
Website
https://www.caffenero.comnero coffee roasting limited Estimated Valuation
Pomanda estimates the enterprise value of NERO COFFEE ROASTING LIMITED at £6.2m based on a Turnover of £15.1m and 0.41x industry multiple (adjusted for size and gross margin).
nero coffee roasting limited Estimated Valuation
Pomanda estimates the enterprise value of NERO COFFEE ROASTING LIMITED at £167.3k based on an EBITDA of £61k and a 2.74x industry multiple (adjusted for size and gross margin).
nero coffee roasting limited Estimated Valuation
Pomanda estimates the enterprise value of NERO COFFEE ROASTING LIMITED at £0 based on Net Assets of £-8.1m and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nero Coffee Roasting Limited Overview
Nero Coffee Roasting Limited is a live company located in london, WC2H 9QL with a Companies House number of 06872482. It operates in the production of coffee and coffee substitutes sector, SIC Code 10832. Founded in April 2009, it's largest shareholder is italian coffee holdings ltd with a 100% stake. Nero Coffee Roasting Limited is a established, mid sized company, Pomanda has estimated its turnover at £15.1m with high growth in recent years.
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Nero Coffee Roasting Limited Health Check
Pomanda's financial health check has awarded Nero Coffee Roasting Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £15.1m, make it larger than the average company (£5.9m)
£15.1m - Nero Coffee Roasting Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (3.9%)
27% - Nero Coffee Roasting Limited
3.9% - Industry AVG
Production
with a gross margin of -0.2%, this company has a higher cost of product (19.8%)
-0.2% - Nero Coffee Roasting Limited
19.8% - Industry AVG
Profitability
an operating margin of -0.3% make it as profitable than the average company (-0.3%)
-0.3% - Nero Coffee Roasting Limited
-0.3% - Industry AVG
Employees
with 15 employees, this is below the industry average (26)
15 - Nero Coffee Roasting Limited
26 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£43.8k)
£39.7k - Nero Coffee Roasting Limited
£43.8k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£183.2k)
£1m - Nero Coffee Roasting Limited
£183.2k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (47 days)
71 days - Nero Coffee Roasting Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (75 days)
34 days - Nero Coffee Roasting Limited
75 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (79 days)
55 days - Nero Coffee Roasting Limited
79 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Nero Coffee Roasting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.4%, this is a higher level of debt than the average (76.8%)
134.4% - Nero Coffee Roasting Limited
76.8% - Industry AVG
NERO COFFEE ROASTING LIMITED financials
Nero Coffee Roasting Limited's latest turnover from May 2023 is £15.1 million and the company has net assets of -£8.1 million. According to their latest financial statements, Nero Coffee Roasting Limited has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,052,000 | 8,934,000 | 5,360,000 | 7,420,000 | 8,704,000 | 8,675,000 | 6,824,000 | 6,795,000 | 4,950,000 | 4,693,000 | 4,584,000 | 2,919,000 | 2,367,000 | 1,054,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 15,086,000 | 8,776,000 | 5,366,000 | 7,514,000 | 8,766,000 | 8,561,000 | 7,331,000 | 5,887,000 | 5,616,000 | 4,525,000 | 4,331,000 | 4,922,000 | 3,246,000 | 1,150,000 |
| Gross Profit | -34,000 | 158,000 | -6,000 | -94,000 | -62,000 | 114,000 | -507,000 | 908,000 | -666,000 | 168,000 | 253,000 | -2,003,000 | -879,000 | -96,000 |
| Admin Expenses | 8,000 | 278,000 | 248,000 | 343,000 | ||||||||||
| Operating Profit | -42,000 | -120,000 | -254,000 | -437,000 | ||||||||||
| Interest Payable | 66,000 | 38,000 | 43,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -108,000 | -158,000 | -297,000 | -487,000 | -699,000 | -562,000 | -1,373,000 | 343,000 | -1,219,000 | -172,000 | 72,000 | -2,162,000 | -1,020,000 | -178,000 |
| Tax | 0 | -858,000 | 650,000 | 208,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -108,000 | -1,016,000 | 353,000 | -279,000 | -699,000 | -562,000 | -1,373,000 | 343,000 | -1,219,000 | -172,000 | 72,000 | -2,162,000 | -1,020,000 | -178,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -108,000 | -1,016,000 | 353,000 | -279,000 | -699,000 | -562,000 | -1,373,000 | 343,000 | -1,219,000 | -172,000 | 72,000 | -2,162,000 | -1,020,000 | -178,000 |
| Employee Costs | 596,000 | 511,000 | 403,000 | 549,000 | 536,000 | 561,000 | 538,000 | 441,000 | 432,000 | 426,000 | 347,000 | 232,000 | 204,000 | 85,000 |
| Number Of Employees | 15 | 15 | 15 | 17 | 17 | 14 | 15 | 14 | 14 | 14 | 13 | 11 | 8 | 6 |
| EBITDA* | 61,000 | 195,000 | -4,000 | 94,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,204,000 | 844,000 | 1,149,000 | 1,548,000 | 653,000 | 1,094,000 | 1,553,000 | 1,902,000 | 1,895,000 | 1,513,000 | 624,000 | 434,000 | 498,000 | 535,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 4,000 | 7,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 15,850,000 | 12,054,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,054,000 | 12,898,000 | 1,149,000 | 1,548,000 | 653,000 | 1,094,000 | 1,553,000 | 1,902,000 | 1,895,000 | 1,513,000 | 624,000 | 435,000 | 502,000 | 542,000 |
| Stock & work in progress | 2,302,000 | 2,104,000 | 1,233,000 | 2,987,000 | 2,070,000 | 2,026,000 | 3,009,000 | 2,364,000 | 1,590,000 | 1,178,000 | 800,000 | 862,000 | 494,000 | 233,000 |
| Trade Debtors | 2,937,000 | 1,127,000 | 1,000,000 | 551,000 | 1,862,000 | 2,170,000 | 1,709,000 | 1,630,000 | 1,360,000 | 1,082,000 | 858,000 | 502,000 | 220,000 | 436,000 |
| Group Debtors | 0 | 0 | 9,758,000 | 8,815,000 | 7,002,000 | 5,154,000 | 3,905,000 | 2,805,000 | 1,849,000 | 1,079,000 | 576,000 | 204,000 | 68,000 | 12,000 |
| Misc Debtors | 103,000 | 128,000 | 900,000 | 240,000 | 96,000 | 12,000 | 3,670,000 | 2,572,000 | 1,385,000 | 35,000 | 180,000 | 10,000 | 7,000 | 54,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,342,000 | 3,359,000 | 12,891,000 | 12,593,000 | 11,030,000 | 9,362,000 | 12,293,000 | 9,371,000 | 6,184,000 | 3,374,000 | 2,414,000 | 1,578,000 | 789,000 | 735,000 |
| total assets | 23,396,000 | 16,257,000 | 14,040,000 | 14,141,000 | 11,683,000 | 10,456,000 | 13,846,000 | 11,273,000 | 8,079,000 | 4,887,000 | 3,038,000 | 2,013,000 | 1,291,000 | 1,277,000 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 1,422,000 | 1,789,000 | 627,000 | 1,706,000 | 2,089,000 | 1,224,000 | 1,297,000 | 1,081,000 | 881,000 | 454,000 | 702,000 | 559,000 | 463,000 | 301,000 |
| Group/Directors Accounts | 27,923,000 | 20,759,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 492,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 358,000 | 206,000 | 206,000 | 206,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 133,000 | 825,000 | 19,345,000 | 18,506,000 | 16,601,000 | 15,540,000 | 18,295,000 | 14,565,000 | 11,422,000 | 7,893,000 | 5,624,000 | 4,814,000 | 2,026,000 | 1,154,000 |
| total current liabilities | 29,836,000 | 23,579,000 | 20,178,000 | 20,418,000 | 18,690,000 | 16,764,000 | 19,592,000 | 15,646,000 | 12,795,000 | 8,347,000 | 6,326,000 | 5,373,000 | 2,489,000 | 1,455,000 |
| loans | 0 | 0 | 1,588,000 | 2,016,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,616,000 | 626,000 | 794,000 | 1,008,000 | 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,616,000 | 626,000 | 794,000 | 1,008,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 31,452,000 | 24,205,000 | 20,972,000 | 21,426,000 | 18,690,000 | 16,764,000 | 19,592,000 | 15,646,000 | 12,795,000 | 8,347,000 | 6,326,000 | 5,373,000 | 2,489,000 | 1,455,000 |
| net assets | -8,056,000 | -7,948,000 | -6,932,000 | -7,285,000 | -7,007,000 | -6,308,000 | -5,746,000 | -4,373,000 | -4,716,000 | -3,460,000 | -3,288,000 | -3,360,000 | -1,198,000 | -178,000 |
| total shareholders funds | -8,056,000 | -7,948,000 | -6,932,000 | -7,285,000 | -7,007,000 | -6,308,000 | -5,746,000 | -4,373,000 | -4,716,000 | -3,460,000 | -3,288,000 | -3,360,000 | -1,198,000 | -178,000 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -42,000 | -120,000 | -254,000 | -437,000 | ||||||||||
| Depreciation | 103,000 | 315,000 | 250,000 | 531,000 | 635,000 | 689,000 | 682,000 | 588,000 | 552,000 | 341,000 | 193,000 | 156,000 | 138,000 | 80,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 3,000 | 3,000 | 2,000 |
| Tax | 0 | -858,000 | 650,000 | 208,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 198,000 | 871,000 | -1,754,000 | 917,000 | 44,000 | -983,000 | 645,000 | 774,000 | 412,000 | 378,000 | -62,000 | 368,000 | 261,000 | 233,000 |
| Debtors | 5,581,000 | 1,651,000 | 2,052,000 | 646,000 | 1,624,000 | -1,948,000 | 2,277,000 | 2,413,000 | 2,398,000 | 582,000 | 898,000 | 421,000 | -207,000 | 502,000 |
| Creditors | -367,000 | 1,162,000 | -1,079,000 | -383,000 | 865,000 | -73,000 | 216,000 | 200,000 | 427,000 | -248,000 | 143,000 | 96,000 | 162,000 | 301,000 |
| Accruals and Deferred Income | -692,000 | -18,520,000 | 839,000 | 1,905,000 | 1,061,000 | -2,755,000 | 3,730,000 | 3,143,000 | 3,529,000 | 2,269,000 | 810,000 | 2,788,000 | 872,000 | 1,154,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,777,000 | -20,543,000 | 108,000 | 261,000 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 7,164,000 | 20,759,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -492,000 | 492,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -1,588,000 | -428,000 | 2,016,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 1,142,000 | -168,000 | -214,000 | 1,214,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -66,000 | -38,000 | -43,000 | -50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 8,240,000 | 18,965,000 | -685,000 | 3,181,000 | 0 | 0 | 0 | -492,000 | 455,000 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
nero coffee roasting limited Credit Report and Business Information
Nero Coffee Roasting Limited Competitor Analysis
Perform a competitor analysis for nero coffee roasting limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in WC2H area or any other competitors across 12 key performance metrics.
nero coffee roasting limited Ownership
NERO COFFEE ROASTING LIMITED group structure
Nero Coffee Roasting Limited has no subsidiary companies.
Ultimate parent company
NERO CO
#0117832
2 parents
NERO COFFEE ROASTING LIMITED
06872482
nero coffee roasting limited directors
Nero Coffee Roasting Limited currently has 3 directors. The longest serving directors include Mr James Stewart (Aug 2009) and Mr Benedict Price (Aug 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Stewart | 49 years | Aug 2009 | - | Director | |
| Mr Benedict Price | England | 57 years | Aug 2009 | - | Director |
| Dr Gerald Ford | United Kingdom | 67 years | Aug 2009 | - | Director |
P&L
May 2023turnover
15.1m
+68%
operating profit
-42k
-65%
gross margin
-0.2%
-112.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-8.1m
+0.01%
total assets
23.4m
+0.44%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
nero coffee roasting limited company details
company number
06872482
Type
Private limited with Share Capital
industry
10832 - Production of coffee and coffee substitutes
incorporation date
April 2009
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
de facto 1689 limited (August 2009)
accountant
-
auditor
ERNST & YOUNG LLP
address
9-15 neal street, london, WC2H 9QL
Bank
SANTANDER UK PLC
Legal Advisor
-
nero coffee roasting 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 4 charges/mortgages relating to nero coffee roasting limited. Currently there are 1 open charges and 3 have been satisfied in the past.
nero coffee roasting 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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nero coffee roasting limited Companies House Filings - See Documents
| date | description | view/download |
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