al desco foods ltd Company Information
Company Number
06885822
Website
www.eataldesco.co.ukRegistered Address
unit 5 glengall business centre, glengall road, london, SE15 6NF
Industry
Event catering activities
Telephone
02031426870
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
berkley catering limited 100%
al desco foods ltd Estimated Valuation
Pomanda estimates the enterprise value of AL DESCO FOODS LTD at £164.2k based on a Turnover of £373.7k and 0.44x industry multiple (adjusted for size and gross margin).
al desco foods ltd Estimated Valuation
Pomanda estimates the enterprise value of AL DESCO FOODS LTD at £292.3k based on an EBITDA of £76.4k and a 3.82x industry multiple (adjusted for size and gross margin).
al desco foods ltd Estimated Valuation
Pomanda estimates the enterprise value of AL DESCO FOODS LTD at £497.6k based on Net Assets of £166k and 3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Al Desco Foods Ltd Overview
Al Desco Foods Ltd is a live company located in london, SE15 6NF with a Companies House number of 06885822. It operates in the event catering activities sector, SIC Code 56210. Founded in April 2009, it's largest shareholder is berkley catering limited with a 100% stake. Al Desco Foods Ltd is a established, micro sized company, Pomanda has estimated its turnover at £373.7k with declining growth in recent years.
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Al Desco Foods Ltd Health Check
Pomanda's financial health check has awarded Al Desco Foods Ltd a 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
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
4 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £373.7k, make it smaller than the average company (£568.5k)
- Al Desco Foods Ltd
£568.5k - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (-6.2%)
- Al Desco Foods Ltd
-6.2% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Al Desco Foods Ltd
37.8% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 19.8% make it more profitable than the average company (4.9%)
- Al Desco Foods Ltd
4.9% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 4 employees, this is below the industry average (12)
4 - Al Desco Foods Ltd
12 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £18.3k, the company has an equivalent pay structure (£18.3k)
- Al Desco Foods Ltd
£18.3k - Industry AVG
![efficiency](/assets/images/scoreRate2.png)
Efficiency
resulting in sales per employee of £93.4k, this is more efficient (£47k)
- Al Desco Foods Ltd
£47k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 60 days, this is later than average (35 days)
- Al Desco Foods Ltd
35 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (34 days)
- Al Desco Foods Ltd
34 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Al Desco Foods Ltd
- - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (24 weeks)
64 weeks - Al Desco Foods Ltd
24 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 64.2%, this is a lower level of debt than the average (86.5%)
64.2% - Al Desco Foods Ltd
86.5% - Industry AVG
AL DESCO FOODS LTD financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Al Desco Foods Ltd's latest turnover from December 2022 is estimated at £373.7 thousand and the company has net assets of £166 thousand. According to their latest financial statements, Al Desco Foods Ltd has 4 employees and maintains cash reserves of £370.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 328,475 | 291,527 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 111,313 | 103,308 | ||||||||||||
Gross Profit | 217,162 | 188,219 | ||||||||||||
Admin Expenses | 145,521 | 84,505 | ||||||||||||
Operating Profit | 71,641 | 103,714 | ||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | 16 | 7 | ||||||||||||
Pre-Tax Profit | 71,657 | 103,721 | ||||||||||||
Tax | -13,380 | -20,899 | ||||||||||||
Profit After Tax | 58,277 | 82,822 | ||||||||||||
Dividends Paid | 70,000 | 70,000 | ||||||||||||
Retained Profit | -11,723 | 12,822 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 4 | 4 | 15 | 15 | 15 | 14 | ||||||||
EBITDA* | 76,584 | 107,421 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 6,355 | 8,959 | 11,123 | 20,955 | 17,937 | 17,231 | 1,239 | 4,460 | 6,524 | 5,970 | 7,760 | 3,004 | 3,777 | 3,818 |
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 | 0 | 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 | 6,355 | 8,959 | 11,123 | 20,955 | 17,937 | 17,231 | 1,239 | 4,460 | 6,524 | 5,970 | 7,760 | 3,004 | 3,777 | 3,818 |
Stock & work in progress | 0 | 0 | 8,449 | 14,200 | 15,000 | 6,335 | 4,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 61,983 | 24,433 | 2,839 | 26,751 | 104,290 | 67,864 | 76,428 | 46,913 | 37,670 | 28,126 | 25,605 | 26,433 | 12,663 | 7,686 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 24,805 | 363 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,918 | 3,060 | 0 | 0 |
Cash | 370,879 | 150,740 | 218,216 | 286,410 | 272,216 | 234,704 | 82,127 | 139,626 | 98,390 | 62,757 | 88,540 | 104,913 | 48,871 | 7,952 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 457,667 | 175,536 | 229,504 | 327,361 | 391,506 | 308,903 | 163,355 | 186,539 | 136,060 | 90,883 | 116,063 | 134,406 | 61,534 | 15,638 |
total assets | 464,022 | 184,495 | 240,627 | 348,316 | 409,443 | 326,134 | 164,594 | 190,999 | 142,584 | 96,853 | 123,823 | 137,410 | 65,311 | 19,456 |
Bank overdraft | 0 | 0 | 633 | 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 | 18,857 | 4,719 | 36,159 | 96,326 | 156,719 | 174,879 | 119,906 | 116,358 | 106,906 | 84,893 | 0 | 206 | 62,920 | 18,422 |
Group/Directors Accounts | 257,891 | 31,272 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,000 | 81,732 | 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 | 21,233 | 49,644 | 91,915 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,745 | 40,259 | 0 | 0 |
total current liabilities | 297,981 | 85,635 | 128,707 | 96,326 | 156,719 | 174,879 | 119,906 | 116,358 | 106,906 | 84,893 | 83,745 | 122,197 | 62,920 | 18,422 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,588 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 276 | 4,692 | 9,469 | 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 | 0 | 0 | 0 | 276 | 4,692 | 9,469 | 0 | 0 | 0 | 0 | 36,588 | 0 | 0 | 0 |
total liabilities | 297,981 | 85,635 | 128,707 | 96,602 | 161,411 | 184,348 | 119,906 | 116,358 | 106,906 | 84,893 | 120,333 | 122,197 | 62,920 | 18,422 |
net assets | 166,041 | 98,860 | 111,920 | 251,714 | 248,032 | 141,786 | 44,688 | 74,641 | 35,678 | 11,960 | 3,490 | 15,213 | 2,391 | 1,034 |
total shareholders funds | 166,041 | 98,860 | 111,920 | 251,714 | 248,032 | 141,786 | 44,688 | 74,641 | 35,678 | 11,960 | 3,490 | 15,213 | 2,391 | 1,034 |
Dec 2022 | Dec 2021 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 71,641 | 103,714 | ||||||||||||
Depreciation | 2,604 | 2,164 | 9,831 | 12,781 | 8,608 | 7,505 | 3,616 | 460 | 7,116 | 5,570 | 4,943 | 3,707 | 2,791 | 1,880 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -13,380 | -20,899 | ||||||||||||
Stock | 0 | -14,200 | -5,751 | -800 | 8,665 | 1,535 | 4,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 61,992 | -1,955 | -23,912 | -77,539 | 36,426 | -8,564 | 29,515 | 9,243 | 9,544 | 603 | -1,970 | 16,830 | 4,977 | 7,686 |
Creditors | 14,138 | -91,607 | -60,167 | -60,393 | -18,160 | 54,973 | 3,548 | 9,452 | 22,013 | 84,893 | -206 | -62,714 | 44,498 | 18,422 |
Accruals and Deferred Income | -28,411 | 49,644 | 91,915 | 0 | 0 | 0 | 0 | 0 | 0 | -35,745 | -4,514 | 40,259 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 60,454 | 47,237 | ||||||||||||
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 | 226,619 | 31,272 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -48,000 | -33,732 | 81,732 | 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 | -36,588 | 36,588 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -276 | -276 | -4,416 | -4,777 | 9,469 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 220,139 | -135,670 | -68,194 | 14,194 | 37,512 | 152,577 | -57,499 | 41,236 | 35,633 | -25,783 | -16,373 | 56,042 | 40,919 | 7,952 |
overdraft | 0 | 0 | 633 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 220,139 | -135,670 | -68,827 | 14,194 | 37,512 | 152,577 | -57,499 | 41,236 | 35,633 | -25,783 | -16,373 | 56,042 | 40,919 | 7,952 |
al desco foods ltd Credit Report and Business Information
Al Desco Foods Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for al desco foods ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SE15 area or any other competitors across 12 key performance metrics.
al desco foods ltd Ownership
AL DESCO FOODS LTD group structure
Al Desco Foods Ltd has no subsidiary companies.
al desco foods ltd directors
Al Desco Foods Ltd currently has 4 directors. The longest serving directors include Ms Reema Kahar (Jul 2021) and Mr Amit Patel (Jul 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Reema Kahar | England | 43 years | Jul 2021 | - | Director |
Mr Amit Patel | United Kingdom | 47 years | Jul 2021 | - | Director |
Mr Nagin Patel | England | 76 years | Jul 2021 | - | Director |
Mrs Chandrabala Patel | England | 76 years | Jul 2021 | - | Director |
P&L
December 2022turnover
373.7k
+162%
operating profit
73.8k
0%
gross margin
37.8%
+23.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
166k
+0.68%
total assets
464k
+1.52%
cash
370.9k
+1.46%
net assets
Total assets minus all liabilities
al desco foods ltd company details
company number
06885822
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
April 2009
age
15
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 5 glengall business centre, glengall road, london, SE15 6NF
last accounts submitted
December 2022
al desco foods 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 al desco foods ltd.
![charges](/assets/images/company_charges.png)
al desco foods ltd Companies House Filings - See Documents
date | description | view/download |
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