create better distribution limited

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create better distribution limited Company Information

Share CREATE BETTER DISTRIBUTION LIMITED

Company Number

07509185

Shareholders

create better group limited

Group Structure

View All

Industry

Manufacture of sugar confectionery

 +3

Registered Address

create better group, private road 8, nottingham, NG4 2JX

create better distribution limited Estimated Valuation

£35.3k

Pomanda estimates the enterprise value of CREATE BETTER DISTRIBUTION LIMITED at £35.3k based on a Turnover of £67.5k and 0.52x industry multiple (adjusted for size and gross margin).

create better distribution limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of CREATE BETTER DISTRIBUTION LIMITED at £2.4m based on an EBITDA of £564.3k and a 4.26x industry multiple (adjusted for size and gross margin).

create better distribution limited Estimated Valuation

£726.9k

Pomanda estimates the enterprise value of CREATE BETTER DISTRIBUTION LIMITED at £726.9k based on Net Assets of £341.2k and 2.13x industry multiple (adjusted for liquidity).

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Create Better Distribution Limited Overview

Create Better Distribution Limited is a live company located in nottingham, NG4 2JX with a Companies House number of 07509185. It operates in the manufacture of sugar confectionery sector, SIC Code 10822. Founded in January 2011, it's largest shareholder is create better group limited with a 100% stake. Create Better Distribution Limited is a established, micro sized company, Pomanda has estimated its turnover at £67.5k with declining growth in recent years.

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Create Better Distribution Limited Health Check

Pomanda's financial health check has awarded Create Better Distribution Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £67.5k, make it smaller than the average company (£14.8m)

£67.5k - Create Better Distribution Limited

£14.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -72%, show it is growing at a slower rate (7.3%)

-72% - Create Better Distribution Limited

7.3% - Industry AVG

production

Production

with a gross margin of 25.8%, this company has a comparable cost of product (25.2%)

25.8% - Create Better Distribution Limited

25.2% - Industry AVG

profitability

Profitability

an operating margin of 697.8% make it more profitable than the average company (3.1%)

697.8% - Create Better Distribution Limited

3.1% - Industry AVG

employees

Employees

with 70 employees, this is similar to the industry average (61)

70 - Create Better Distribution Limited

61 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Create Better Distribution Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £964, this is less efficient (£319.5k)

£964 - Create Better Distribution Limited

£319.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Create Better Distribution Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4376 days, this is slower than average (37 days)

4376 days - Create Better Distribution Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 18015 days, this is more than average (58 days)

18015 days - Create Better Distribution Limited

58 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)

1 weeks - Create Better Distribution Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (62.3%)

96% - Create Better Distribution Limited

62.3% - Industry AVG

CREATE BETTER DISTRIBUTION LIMITED financials

EXPORTms excel logo

Create Better Distribution Limited's latest turnover from December 2023 is £67.5 thousand and the company has net assets of £341.2 thousand. According to their latest financial statements, Create Better Distribution Limited has 70 employees and maintains cash reserves of £217.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Turnover67,479129,1512,445,9334,638,2793,180,9093,568,2933,356,0193,188,0091,973,9122,083,0821,321,937754,261525,222
Other Income Or Grants
Cost Of Sales50,04947,6831,304,0553,528,1292,342,8422,528,1382,354,2232,233,0241,417,4611,460,694942,995548,616380,630
Gross Profit17,43081,4681,141,8781,110,150838,0671,040,1541,001,795954,985556,451622,388378,943205,645144,592
Admin Expenses-453,45889,872832,505763,880700,0811,232,0241,011,971949,751292,372337,716314,053158,725104,227
Operating Profit470,888-8,404309,373346,270137,986-191,870-10,1765,234264,079284,67264,89046,92040,365
Interest Payable377,303118,84026,05037,02249,41637,1839,9152,7541,576
Interest Receivable7182916952651302822473319
Pre-Tax Profit93,585-127,244284,041309,27788,586-229,043-20,0392,545262,634284,95465,13646,95340,384
Tax-18,645-58,763-16,831-509-52,527-59,840-14,981-11,269-10,500
Profit After Tax93,585-127,244265,396250,51471,755-229,043-20,0392,036210,107225,11450,15535,68429,884
Dividends Paid
Retained Profit93,585-127,244265,396250,51471,755-229,043-20,0392,036210,107225,11450,15535,68429,884
Employee Costs2,676,3332,540,6483,042,3721,665,704955,382974,174981,371852,005289,844309,333201,382107,87881,055
Number Of Employees70708748303030301011743
EBITDA*564,33755,821382,987394,148168,681-129,60450,86873,332341,692319,42376,14358,74348,199

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Tangible Assets871,586384,669416,507352,875246,357320,391340,914393,892446,712196,92563,77266,99944,401
Intangible Assets34,88322,81226,56230,00033,75027,00022,00022,000
Investments & Other160160-438,17186,32386,32386,32386,323
Debtors (Due After 1 year)438,33129,395108,692
Total Fixed Assets906,469407,481443,069383,035280,267371,012478,632610,907533,035283,24863,77266,99944,401
Stock & work in progress2,470,3403,045,0592,171,114714,470789,879700,494656,423824,943669,851442,727132,727132,727202,237
Trade Debtors25,00412,985290,040269,14683,55666,778116,450136,34148,697385
Group Debtors4,613,3083,287,789203,137911,760657,436
Misc Debtors201,726219,624520,67394,595112,533
Cash217,899210,8647,69555,2503,2131,0461,46519,32232,45619,60693,2295,4857,542
misc current assets211,249389,730526,466
total current assets7,714,5227,153,0663,429,0851,801,0791,576,0461,485,886927,034927,821769,085578,783362,297186,909210,164
total assets8,620,9917,560,5473,872,1542,184,1141,856,3131,856,8981,405,6661,538,7281,302,120862,031426,069253,908254,565
Bank overdraft6,848231,38839,64348,481
Bank loan58,4367,321
Trade Creditors 600,130974,4781,251,884682,946614,984394,874303,308513,892396,563521,094310,246188,240136,851
Group/Directors Accounts7,558,2486,064,3782,056,49827,12217,231
other short term finances66,527164,822313,902
hp & lease commitments14,618
other current liabilities40,193192,85641,166221,957134,186119,331234,945382,661256,580
total current liabilities8,198,5717,231,7123,416,0751,128,1611,112,1331,259,447769,641936,196701,624521,094310,246188,240136,851
loans362,691306,675829,42734,047
hp & lease commitments16,38125,728
Accruals and Deferred Income
other liabilities49,45249,45287,730
provisions81,25981,25981,25950,61436,02460,87468,937
total long term liabilities81,25981,25981,259429,686368,427293,453102,98449,45249,45287,730
total liabilities8,279,8307,312,9713,497,3341,557,8471,480,5601,552,900872,625985,648751,076521,094310,246188,240224,581
net assets341,161247,576374,820626,267375,753303,998533,041553,080551,044340,937115,82365,66829,984
total shareholders funds341,161247,576374,820626,267375,753303,998533,041553,080551,044340,937115,82365,66829,984
Dec 2023Dec 2022Dec 2021Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012
Operating Activities
Operating Profit470,888-8,404309,373346,270137,986-191,870-10,1765,234264,079284,67264,89046,92040,365
Depreciation89,01160,47570,17644,12829,44562,26661,04468,09877,61334,75111,25311,8237,834
Amortisation4,4383,7503,4383,7501,250
Tax-18,645-58,763-16,831-509-52,527-59,840-14,981-11,269-10,500
Stock-574,719873,9451,381,235-75,40989,38544,071-168,520155,092227,124310,000-69,510202,237
Debtors1,307,6212,783,603-59,144248,40551,178433,235106,293125,470-49,672-19,89187,64448,312385
Creditors-374,348-277,406636,90067,962220,11091,566-210,584117,329-124,531210,848122,00651,389136,851
Accruals and Deferred Income-152,663151,690-93,02087,77114,855-115,614-147,716126,081256,580
Deferred Taxes & Provisions45,23514,590-24,850-8,06368,937
Cash flow from operations-695,576-3,727,443-368,634332,712221,402-639,021-176,26835,671243,762180,32295,524120,061-28,072
Investing Activities
capital expenditure-592,437-28,637-236,576-150,64636,589-46,743-8,066-37,278-327,400-167,904-8,026-34,421-52,235
Change in Investments-160438,331-524,49486,323
cash flow from investments-592,437-28,637-236,416-150,646-401,742477,751-8,066-37,278-327,400-254,227-8,026-34,421-52,235
Financing Activities
Bank loans-7,32151,1157,321
Group/Directors Accounts1,493,8704,007,8802,029,376-27,1229,89117,231
Other Short Term Loans -66,527-247,375-149,080313,902
Long term loans-306,67556,016-522,752795,38034,047
Hire Purchase and Lease Commitments-40,346-23,96540,346
other long term liabilities-49,45249,452-87,73087,730
share issue-266,329100
interest-377,303-118,840-25,332-36,993-49,400-37,174-9,863-2,689-1,4462822473319
cash flow from financing1,116,5673,822,5131,135,998-130,029-200,692775,437-25,268-2,68948,006282247-87,69787,849
cash and cash equivalents
cash7,035203,1694,48252,0372,167-419-17,857-13,13412,850-73,62387,744-2,0577,542
overdraft-6,848-224,540191,745-8,83848,481
change in cash7,035203,1694,48252,0379,015224,121-209,602-4,296-35,631-73,62387,744-2,0577,542

create better distribution limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Create Better Distribution Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for create better distribution limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in NG4 area or any other competitors across 12 key performance metrics.

create better distribution limited Ownership

CREATE BETTER DISTRIBUTION LIMITED group structure

Create Better Distribution Limited has 1 subsidiary company.

Ultimate parent company

NEWCAKES BV

#0141812

2 parents

CREATE BETTER DISTRIBUTION LIMITED

07509185

1 subsidiary

CREATE BETTER DISTRIBUTION LIMITED Shareholders

create better group limited 100%

create better distribution limited directors

Create Better Distribution Limited currently has 3 directors. The longest serving directors include Mr Hendrik Nijboer (Oct 2021) and Mr Graham Linney (Jan 2022).

officercountryagestartendrole
Mr Hendrik NijboerUnited Kingdom55 years Oct 2021- Director
Mr Graham LinneyEngland60 years Jan 2022- Director
Mr Peter KitchenerScotland55 years Aug 2023- Director

P&L

December 2023

turnover

67.5k

-48%

operating profit

470.9k

-5703%

gross margin

25.9%

-59.05%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

341.2k

+0.38%

total assets

8.6m

+0.14%

cash

217.9k

+0.03%

net assets

Total assets minus all liabilities

create better distribution limited company details

company number

07509185

Type

Private limited with Share Capital

industry

10822 - Manufacture of sugar confectionery

47910 - Retail sale via mail order houses or via Internet

10890 - Manufacture of other food products n.e.c.

incorporation date

January 2011

age

14

incorporated

UK

ultimate parent company

NEWCAKES BV

accounts

Small Company

last accounts submitted

December 2023

previous names

the cake decorating company limited (April 2021)

accountant

-

auditor

JUST AUDIT & ASSURANCE LTD

address

create better group, private road 8, nottingham, NG4 2JX

Bank

-

Legal Advisor

-

create better distribution 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 3 charges/mortgages relating to create better distribution limited. Currently there are 0 open charges and 3 have been satisfied in the past.

create better distribution 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 CREATE BETTER DISTRIBUTION LIMITED. This can take several minutes, an email will notify you when this has completed.

create better distribution limited Companies House Filings - See Documents

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