crate drinks limited
crate drinks limited Company Information
Company Number
07986631
Website
www.cratebrewery.comRegistered Address
montague place quayside, chatham maritime, chatham, kent, ME4 4QU
Industry
Licensed restaurants
Telephone
02085333331
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
crate group (london) limited 100%
crate drinks limited Estimated Valuation
Pomanda estimates the enterprise value of CRATE DRINKS LIMITED at £2.3m based on a Turnover of £2.9m and 0.77x industry multiple (adjusted for size and gross margin).
crate drinks limited Estimated Valuation
Pomanda estimates the enterprise value of CRATE DRINKS LIMITED at £0 based on an EBITDA of £-592.3k and a 4.55x industry multiple (adjusted for size and gross margin).
crate drinks limited Estimated Valuation
Pomanda estimates the enterprise value of CRATE DRINKS LIMITED at £0 based on Net Assets of £-685.2k and 3.24x industry multiple (adjusted for liquidity).
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Crate Drinks Limited Overview
Crate Drinks Limited is a dissolved company that was located in chatham, ME4 4QU with a Companies House number of 07986631. It operated in the licenced restaurants sector, SIC Code 56101. Founded in March 2012, it's largest shareholder was crate group (london) limited with a 100% stake. The last turnover for Crate Drinks Limited was estimated at £2.9m.
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Crate Drinks Limited Health Check
Pomanda's financial health check has awarded Crate Drinks Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.9m, make it larger than the average company (£947.5k)
- Crate Drinks Limited
£947.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.4%)
- Crate Drinks Limited
4.4% - Industry AVG
Production
with a gross margin of 60.5%, this company has a comparable cost of product (60.5%)
- Crate Drinks Limited
60.5% - Industry AVG
Profitability
an operating margin of -24% make it less profitable than the average company (1.6%)
- Crate Drinks Limited
1.6% - Industry AVG
Employees
with 25 employees, this is below the industry average (76)
25 - Crate Drinks Limited
76 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has an equivalent pay structure (£17.7k)
- Crate Drinks Limited
£17.7k - Industry AVG
Efficiency
resulting in sales per employee of £117.8k, this is more efficient (£46.6k)
- Crate Drinks Limited
£46.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is later than average (6 days)
- Crate Drinks Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (47 days)
- Crate Drinks Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 134 days, this is more than average (14 days)
- Crate Drinks Limited
14 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Crate Drinks Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 155%, this is a higher level of debt than the average (90.6%)
155% - Crate Drinks Limited
90.6% - Industry AVG
CRATE DRINKS LIMITED financials
Crate Drinks Limited's latest turnover from January 2019 is estimated at £2.9 million and the company has net assets of -£685.2 thousand. According to their latest financial statements, Crate Drinks Limited has 25 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Dec 2014 | Dec 2013 | Mar 2013 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,180,495 | 572,129 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 481,354 | 243,738 | |||||
| Gross Profit | 699,141 | 328,391 | |||||
| Admin Expenses | 534,903 | 278,272 | |||||
| Operating Profit | 164,238 | 50,119 | |||||
| Interest Payable | 2,000 | ||||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | 156,310 | 50,119 | |||||
| Tax | -3,195 | 0 | |||||
| Profit After Tax | 153,115 | 50,119 | |||||
| Dividends Paid | 36,280 | 50,000 | |||||
| Retained Profit | 116,835 | 119 | |||||
| Employee Costs | 273,168 | 151,643 | |||||
| Number Of Employees | 25 | 62 | 38 | 38 | |||
| EBITDA* | 213,503 | 71,832 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Dec 2014 | Dec 2013 | Mar 2013 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 417,642 | 491,014 | 677,342 | 507,442 | 503,718 | 326,580 | 112,200 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 417,642 | 491,014 | 677,342 | 507,442 | 503,718 | 326,580 | 112,200 |
| Stock & work in progress | 429,264 | 119,879 | 91,917 | 77,500 | 12,415 | 12,415 | 500 |
| Trade Debtors | 135,752 | 126,236 | 139,652 | 113,146 | 138,529 | 16,430 | 873 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 262,311 | 167,120 | 135,697 | 39,739 | 0 | 7,800 | 0 |
| Cash | 0 | 36 | 18,100 | 0 | 69,597 | 18,088 | 69,987 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 1,142 |
| total current assets | 827,327 | 413,271 | 385,366 | 230,385 | 220,541 | 54,733 | 72,502 |
| total assets | 1,244,969 | 904,285 | 1,062,708 | 737,827 | 724,259 | 381,313 | 184,702 |
| Bank overdraft | 182,014 | 188,492 | 71,951 | 21,124 | 0 | 12,499 | 47,017 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 256,573 | 138,293 | 351,865 | 120,329 | 164,860 | 57,805 | 61,838 |
| Group/Directors Accounts | 621,515 | 98,914 | 0 | 0 | 0 | 44,312 | 57,889 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 712,412 | 62,757 | 184,451 | 97,750 | 0 | 149,643 | 17,839 |
| total current liabilities | 1,772,514 | 488,456 | 608,267 | 239,203 | 164,860 | 264,259 | 184,583 |
| loans | 156,280 | 283,903 | 190,830 | 45,349 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 195,000 | 195,000 | 0 | 0 |
| provisions | 1,405 | 83,642 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 157,685 | 367,545 | 190,830 | 240,349 | 195,000 | 0 | 0 |
| total liabilities | 1,930,199 | 856,001 | 799,097 | 479,552 | 359,860 | 264,259 | 184,583 |
| net assets | -685,230 | 48,284 | 263,611 | 258,275 | 364,399 | 117,054 | 119 |
| total shareholders funds | -685,230 | 48,284 | 263,611 | 258,275 | 364,399 | 117,054 | 119 |
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Dec 2014 | Dec 2013 | Mar 2013 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 164,238 | 50,119 | |||||
| Depreciation | 113,852 | 145,224 | 127,294 | 194,559 | 37,161 | 49,265 | 21,713 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -3,195 | 0 | |||||
| Stock | 309,385 | 27,962 | 14,417 | 77,500 | 0 | 12,415 | 500 |
| Debtors | 104,707 | 18,007 | 122,464 | 152,885 | 114,299 | 24,230 | 873 |
| Creditors | 118,280 | -213,572 | 231,536 | 120,329 | 107,055 | 57,805 | 61,838 |
| Accruals and Deferred Income | 649,655 | -121,694 | 86,701 | 97,750 | -149,643 | 149,643 | 17,839 |
| Deferred Taxes & Provisions | -82,237 | 83,642 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 381,111 | 150,136 | |||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 522,601 | 98,914 | 0 | 0 | -44,312 | 44,312 | 57,889 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -127,623 | 93,073 | 145,481 | 45,349 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -195,000 | 195,000 | 195,000 | 0 | 0 |
| share issue | |||||||
| interest | -2,000 | ||||||
| cash flow from financing | 42,531 | ||||||
| cash and cash equivalents | |||||||
| cash | -36 | -18,064 | 18,100 | 0 | 51,509 | 18,088 | 69,987 |
| overdraft | -6,478 | 116,541 | 50,827 | 21,124 | -12,499 | 12,499 | 47,017 |
| change in cash | 6,442 | -134,605 | -32,727 | -21,124 | 64,008 | 5,589 | 22,970 |
crate drinks limited Credit Report and Business Information
Crate Drinks Limited Competitor Analysis
Perform a competitor analysis for crate drinks limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
crate drinks limited Ownership
CRATE DRINKS LIMITED group structure
Crate Drinks Limited has no subsidiary companies.
crate drinks limited directors
Crate Drinks Limited currently has 3 directors. The longest serving directors include Mr Neil Hinchley (Mar 2012) and Mr Thomas Seaton (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Hinchley | 50 years | Mar 2012 | - | Director | |
| Mr Thomas Seaton | England | 43 years | Mar 2012 | - | Director |
| Ms Jessica Seaton | England | 40 years | Mar 2012 | - | Director |
P&L
January 2019turnover
2.9m
-20%
operating profit
-706.2k
0%
gross margin
60.6%
-3.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2019net assets
-685.2k
-15.19%
total assets
1.2m
+0.38%
cash
0
-1%
net assets
Total assets minus all liabilities
crate drinks limited company details
company number
07986631
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
March 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
montague place quayside, chatham maritime, chatham, kent, ME4 4QU
last accounts submitted
January 2019
crate drinks 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 crate drinks limited.
crate drinks limited Companies House Filings - See Documents
| date | description | view/download |
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