express cafes limited
express cafes limited Company Information
Company Number
07458537
Next Accounts
Dec 2024
Industry
Event catering activities
Unlicensed restaurants and cafes
Shareholders
central catering services ltd
Group Structure
View All
Contact
Registered Address
c/o kay johnson gee corporate re, 1 city road east, manchester, M15 4PN
Website
-express cafes limited Estimated Valuation
Pomanda estimates the enterprise value of EXPRESS CAFES LIMITED at £5.6m based on a Turnover of £9m and 0.63x industry multiple (adjusted for size and gross margin).
express cafes limited Estimated Valuation
Pomanda estimates the enterprise value of EXPRESS CAFES LIMITED at £0 based on an EBITDA of £-498.2k and a 4.26x industry multiple (adjusted for size and gross margin).
express cafes limited Estimated Valuation
Pomanda estimates the enterprise value of EXPRESS CAFES LIMITED at £0 based on Net Assets of £-1.2m and 2.85x industry multiple (adjusted for liquidity).
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Express Cafes Limited Overview
Express Cafes Limited is a dissolved company that was located in manchester, M15 4PN with a Companies House number of 07458537. It operated in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in December 2010, it's largest shareholder was central catering services ltd with a 100% stake. The last turnover for Express Cafes Limited was estimated at £9m.
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Express Cafes Limited Health Check
Pomanda's financial health check has awarded Express Cafes Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £9m, make it larger than the average company (£553.8k)
£9m - Express Cafes Limited
£553.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Express Cafes Limited
- - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (54.8%)
22.4% - Express Cafes Limited
54.8% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (4.6%)
-7.5% - Express Cafes Limited
4.6% - Industry AVG
Employees
with 109 employees, this is below the industry average (220)
109 - Express Cafes Limited
220 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has a higher pay structure (£12.8k)
£18.9k - Express Cafes Limited
£12.8k - Industry AVG
Efficiency
resulting in sales per employee of £82.2k, this is more efficient (£44.6k)
£82.2k - Express Cafes Limited
£44.6k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is near the average (10 days)
8 days - Express Cafes Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (33 days)
30 days - Express Cafes Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is in line with average (8 days)
8 days - Express Cafes Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Express Cafes Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 182.1%, this is a higher level of debt than the average (83.1%)
182.1% - Express Cafes Limited
83.1% - Industry AVG
EXPRESS CAFES LIMITED financials
Express Cafes Limited's latest turnover from January 2013 is £9 million and the company has net assets of -£1.2 million. According to their latest financial statements, Express Cafes Limited has 109 employees and maintains cash reserves of £41.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2013 | Jan 2012 | |
|---|---|---|
| Turnover | 8,958,103 | 6,871,181 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 6,948,628 | 5,333,214 |
| Gross Profit | 2,009,475 | 1,537,967 |
| Admin Expenses | 2,677,433 | 2,046,644 |
| Operating Profit | -667,958 | -508,677 |
| Interest Payable | 5,107 | 2,140 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -673,065 | -510,817 |
| Tax | -1,405 | -13,540 |
| Profit After Tax | -674,470 | -524,357 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -674,470 | -524,357 |
| Employee Costs | 2,057,643 | 1,656,085 |
| Number Of Employees | 109 | 183 |
| EBITDA* | -498,246 | -376,937 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2013 | Jan 2012 | |
|---|---|---|
| Tangible Assets | 743,654 | 860,582 |
| Intangible Assets | 49,271 | 51,983 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 792,925 | 912,565 |
| Stock & work in progress | 153,194 | 102,211 |
| Trade Debtors | 206,465 | 225,617 |
| Group Debtors | 1,703 | 230,840 |
| Misc Debtors | 263,778 | 233,733 |
| Cash | 41,410 | 78,687 |
| misc current assets | 0 | 0 |
| total current assets | 666,550 | 871,088 |
| total assets | 1,459,475 | 1,783,653 |
| Bank overdraft | 241,101 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 577,558 | 642,304 |
| Group/Directors Accounts | 1,388,540 | 965,373 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 25,070 | 29,608 |
| other current liabilities | 383,416 | 604,120 |
| total current liabilities | 2,615,685 | 2,241,405 |
| loans | 0 | 0 |
| hp & lease commitments | 27,671 | 53,064 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 14,945 | 13,540 |
| total long term liabilities | 42,616 | 66,604 |
| total liabilities | 2,658,301 | 2,308,009 |
| net assets | -1,198,826 | -524,356 |
| total shareholders funds | -1,198,826 | -524,356 |
| Jan 2013 | Jan 2012 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -667,958 | -508,677 |
| Depreciation | 167,000 | 129,480 |
| Amortisation | 2,712 | 2,260 |
| Tax | -1,405 | -13,540 |
| Stock | 50,983 | 102,211 |
| Debtors | -218,244 | 690,190 |
| Creditors | -64,746 | 642,304 |
| Accruals and Deferred Income | -220,704 | 604,120 |
| Deferred Taxes & Provisions | 1,405 | 13,540 |
| Cash flow from operations | -616,435 | 77,086 |
| Investing Activities | ||
| capital expenditure | -50,128 | -882,163 |
| Change in Investments | 0 | 0 |
| cash flow from investments | -50,128 | -882,163 |
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 423,167 | 965,373 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | -29,931 | 82,672 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -5,107 | -2,140 |
| cash flow from financing | 388,129 | 1,045,906 |
| cash and cash equivalents | ||
| cash | -37,277 | 78,687 |
| overdraft | 241,101 | 0 |
| change in cash | -278,378 | 78,687 |
express cafes limited Credit Report and Business Information
Express Cafes Limited Competitor Analysis
Perform a competitor analysis for express cafes limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in M15 area or any other competitors across 12 key performance metrics.
express cafes limited Ownership
EXPRESS CAFES LIMITED group structure
Express Cafes Limited has no subsidiary companies.
express cafes limited directors
Express Cafes Limited currently has 5 directors. The longest serving directors include Mr Terence Roscoe (Dec 2010) and Mr Bernard Lloyd (Dec 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Roscoe | England | 65 years | Dec 2010 | - | Director |
| Mr Bernard Lloyd | United Kingdom | 75 years | Dec 2010 | - | Director |
| Mr Martin Smith | 51 years | Dec 2010 | - | Director | |
| Ms Louise Howarth | United Kingdom | 44 years | Apr 2011 | - | Director |
| Mr Jonathan Howarth | 48 years | Apr 2011 | - | Director |
P&L
January 2013turnover
9m
+30%
operating profit
-668k
+31%
gross margin
22.5%
+0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2013net assets
-1.2m
+1.29%
total assets
1.5m
-0.18%
cash
41.4k
-0.47%
net assets
Total assets minus all liabilities
Similar Companies
express cafes limited company details
company number
07458537
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
56210 - Event catering activities
56102 - Unlicensed restaurants and cafes
incorporation date
December 2010
age
14
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
January 2013
previous names
chco301110 limited (February 2011)
accountant
-
auditor
-
address
c/o kay johnson gee corporate re, 1 city road east, manchester, M15 4PN
Bank
-
Legal Advisor
-
express cafes 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 did not find charges/mortgages relating to express cafes limited.
express cafes 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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express cafes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
