union distillers ltd
union distillers ltd Company Information
Company Number
07962548
Next Accounts
561 days late
Shareholders
the british honey company plc
Group Structure
View All
Industry
Distilling, rectifying and blending of spirits
Registered Address
2nd floor 110 cannon street, london, EC4N 6EU
Website
www.twobirdsspirits.co.ukunion distillers ltd Estimated Valuation
Pomanda estimates the enterprise value of UNION DISTILLERS LTD at £8.9m based on a Turnover of £9.9m and 0.9x industry multiple (adjusted for size and gross margin).
union distillers ltd Estimated Valuation
Pomanda estimates the enterprise value of UNION DISTILLERS LTD at £4.5m based on an EBITDA of £764.5k and a 5.85x industry multiple (adjusted for size and gross margin).
union distillers ltd Estimated Valuation
Pomanda estimates the enterprise value of UNION DISTILLERS LTD at £3m based on Net Assets of £1.7m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Union Distillers Ltd Overview
Union Distillers Ltd is a live company located in london, EC4N 6EU with a Companies House number of 07962548. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in February 2012, it's largest shareholder is the british honey company plc with a 100% stake. Union Distillers Ltd is a established, mid sized company, Pomanda has estimated its turnover at £9.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Union Distillers Ltd Health Check
Pomanda's financial health check has awarded Union Distillers Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £9.9m, make it smaller than the average company (£17.1m)
£9.9m - Union Distillers Ltd
£17.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 76%, show it is growing at a faster rate (5.4%)
- Union Distillers Ltd
5.4% - Industry AVG
Production
with a gross margin of 42.7%, this company has a comparable cost of product (38%)
42.7% - Union Distillers Ltd
38% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (9.6%)
2.7% - Union Distillers Ltd
9.6% - Industry AVG
Employees
with 71 employees, this is similar to the industry average (71)
71 - Union Distillers Ltd
71 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has a lower pay structure (£45.4k)
£26.8k - Union Distillers Ltd
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £139.2k, this is less efficient (£305.3k)
£139.2k - Union Distillers Ltd
£305.3k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (47 days)
36 days - Union Distillers Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is quicker than average (53 days)
42 days - Union Distillers Ltd
53 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (505 days)
55 days - Union Distillers Ltd
505 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (9 weeks)
16 weeks - Union Distillers Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.5%, this is a higher level of debt than the average (47.9%)
58.5% - Union Distillers Ltd
47.9% - Industry AVG
UNION DISTILLERS LTD financials
Union Distillers Ltd's latest turnover from December 2021 is £9.9 million and the company has net assets of £1.7 million. According to their latest financial statements, Union Distillers Ltd has 71 employees and maintains cash reserves of £633 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,881,024 | |||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 5,665,508 | |||||||||
| Gross Profit | 4,215,516 | |||||||||
| Admin Expenses | 3,952,675 | |||||||||
| Operating Profit | 262,841 | |||||||||
| Interest Payable | 39,802 | |||||||||
| Interest Receivable | 11 | |||||||||
| Pre-Tax Profit | 223,050 | |||||||||
| Tax | 84,708 | |||||||||
| Profit After Tax | 307,758 | |||||||||
| Dividends Paid | ||||||||||
| Retained Profit | 307,758 | |||||||||
| Employee Costs | 1,904,440 | |||||||||
| Number Of Employees | 71 | 33 | 22 | 14 | 10 | 5 | ||||
| EBITDA* | 764,461 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,423,882 | 597,637 | 376,722 | 333,862 | 54,208 | 48,277 | 39,009 | 26,807 | 4,972 | |
| Intangible Assets | 23,703 | 5,011 | 5,638 | |||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1,447,585 | 602,648 | 382,360 | 333,862 | 54,208 | 48,277 | 39,009 | 26,807 | 4,972 | |
| Stock & work in progress | 857,160 | 655,586 | 531,413 | 274,452 | 106,696 | 87,539 | 55,417 | |||
| Trade Debtors | 999,956 | 548,372 | 366,886 | 227,210 | 187,660 | 95,789 | 76,265 | 76,365 | 25,628 | |
| Group Debtors | ||||||||||
| Misc Debtors | 250,860 | 103,357 | 78,363 | 45,501 | 29,987 | 25,518 | ||||
| Cash | 632,960 | 267,138 | 13,808 | |||||||
| misc current assets | 4,345 | |||||||||
| total current assets | 2,740,936 | 1,574,453 | 976,662 | 547,163 | 324,343 | 208,846 | 145,490 | 80,710 | 25,628 | |
| total assets | 4,188,521 | 2,177,101 | 1,359,022 | 881,025 | 378,551 | 257,123 | 184,499 | 107,517 | 30,600 | |
| Bank overdraft | 211,478 | 183,435 | 111,890 | 12,589 | ||||||
| Bank loan | ||||||||||
| Trade Creditors | 658,850 | 118,464 | 84,657 | 44,966 | 8,540 | 21,559 | 200,812 | 112,059 | 7,122 | |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | 209,214 | 53,681 | 53,777 | 6,117 | ||||||
| other current liabilities | 1,102,861 | 261,044 | 180,484 | 130,939 | 142,340 | 144,925 | ||||
| total current liabilities | 1,970,925 | 433,189 | 530,396 | 365,457 | 262,770 | 179,073 | 200,812 | 112,059 | 7,122 | |
| loans | 954,206 | 9,404 | 18,461 | |||||||
| hp & lease commitments | 477,103 | 124,155 | 166,657 | 27,887 | ||||||
| Accruals and Deferred Income | 1,714 | |||||||||
| other liabilities | 168,293 | 12,916 | 17,917 | 33,434 | ||||||
| provisions | 101,324 | 58,177 | 47,092 | 10,842 | 9,655 | |||||
| total long term liabilities | 477,103 | 225,479 | 224,834 | 243,272 | 20,246 | 28,116 | 12,916 | 19,631 | 33,434 | |
| total liabilities | 2,448,028 | 658,668 | 755,230 | 608,729 | 283,016 | 207,189 | 213,728 | 131,690 | 40,556 | |
| net assets | 1,740,493 | 1,518,433 | 603,792 | 272,296 | 95,535 | 49,934 | -29,229 | -24,173 | -9,956 | |
| total shareholders funds | 1,740,493 | 1,518,433 | 603,792 | 272,296 | 95,535 | 49,934 | -29,229 | -24,173 | -9,956 |
| Dec 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 262,841 | |||||||||
| Depreciation | 494,092 | 137,612 | 101,483 | 25,239 | 16,392 | 13,685 | ||||
| Amortisation | 7,528 | 627 | 626 | |||||||
| Tax | 84,708 | |||||||||
| Stock | 201,574 | 124,173 | 256,961 | 167,756 | 19,157 | 32,122 | 55,417 | |||
| Debtors | 599,087 | 206,480 | 172,538 | 55,064 | 96,340 | 45,042 | -100 | 50,737 | 25,628 | |
| Creditors | 540,386 | 33,807 | 39,691 | 36,426 | -13,019 | -179,253 | 88,753 | 104,937 | 7,122 | |
| Accruals and Deferred Income | 841,817 | 80,560 | 49,545 | -11,401 | -2,585 | 144,925 | -1,714 | 1,714 | ||
| Deferred Taxes & Provisions | -101,324 | 43,147 | 11,085 | 36,250 | 1,187 | 9,655 | ||||
| Cash flow from operations | 1,329,387 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | 954,206 | -9,404 | -9,057 | 18,461 | ||||||
| Hire Purchase and Lease Commitments | 508,481 | -42,598 | 186,430 | 34,004 | ||||||
| other long term liabilities | -168,293 | 168,293 | -12,916 | -5,001 | -15,517 | 33,434 | ||||
| share issue | ||||||||||
| interest | -39,791 | |||||||||
| cash flow from financing | 1,337,198 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | 365,822 | 267,138 | -13,808 | 13,808 | ||||||
| overdraft | -211,478 | 28,043 | 71,545 | 99,301 | 12,589 | |||||
| change in cash | 365,822 | 478,616 | -28,043 | -71,545 | -99,301 | -26,397 | 13,808 |
union distillers ltd Credit Report and Business Information
Union Distillers Ltd Competitor Analysis
Perform a competitor analysis for union distillers ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
union distillers ltd Ownership
UNION DISTILLERS LTD group structure
Union Distillers Ltd has no subsidiary companies.
union distillers ltd directors
Union Distillers Ltd currently has 3 directors. The longest serving directors include Mr Mark Gamble (Feb 2012) and Mr Brian Jones (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Gamble | England | 72 years | Feb 2012 | - | Director |
| Mr Brian Jones | England | 48 years | Jun 2021 | - | Director |
| Mr Mark Jones | 64 years | Apr 2022 | - | Director |
P&L
December 2021turnover
9.9m
0%
operating profit
262.8k
0%
gross margin
42.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
1.7m
+0.15%
total assets
4.2m
+0.92%
cash
633k
+1.37%
net assets
Total assets minus all liabilities
union distillers ltd company details
company number
07962548
Type
Private limited with Share Capital
industry
11010 - Distilling, rectifying and blending of spirits
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
2nd floor 110 cannon street, london, EC4N 6EU
Bank
HSBC UK BANK PLC
Legal Advisor
MARRIOT HARRISON
union distillers 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 found 2 charges/mortgages relating to union distillers ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
union distillers ltd 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 UNION DISTILLERS LTD. This can take several minutes, an email will notify you when this has completed.
union distillers ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
