Fresco Eateries Ltd

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fresco eateries ltd Company Information

Live

EstablishedSmallHealthy

Company Number

08045710

Website

Registered Address

unit 2.02 high weald house, glovers end, bexhill, east sussex, TN39 5ES

Industry

Take away food shops and mobile food stands

Telephone

Next Accounts Due

January 2025

Group Structure

View All

Directors

James Lintorn12 Years

Jeffrey Arnold9 Years

Shareholders

james lintorn 55%

jeffrey thomas arnold 45%

fresco eateries ltd Estimated Valuation

£553.4k

Pomanda estimates the enterprise value of FRESCO EATERIES LTD at £553.4k based on a Turnover of £753.1k and 0.73x industry multiple (adjusted for size and gross margin).

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Fresco Eateries Ltd is a live company located in bexhill, TN39 5ES with a Companies House number of 08045710. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in April 2012, it's largest shareholder is james lintorn with a 55% stake. Fresco Eateries Ltd is a established, small sized company, Pomanda has estimated its turnover at £753.1k with healthy growth in recent years.

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Pomanda's financial health check has awarded Fresco Eateries Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

4 Regular

2 Weak

Size

annual sales of £753.1k, make it larger than the average company (£146.6k)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.7%)

EXPORT

Fresco Eateries Ltd's latest turnover from April 2023 is estimated at £753.1 thousand and the company has net assets of £46.6 thousand. According to their latest financial statements, Fresco Eateries Ltd has 32 employees and maintains cash reserves of £64.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Turnover	753,116	865,923	448,941	572,105	644,712	556,311	126,936	49,697	259,492	65,339	30,218
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	342,222	426,173	212,694	237,925	245,009	224,964	51,564	22,769	108,046	27,111	12,505
Gross Profit	410,895	439,750	236,247	334,180	399,703	331,347	75,372	26,928	151,447	38,228	17,713
Admin Expenses	434,433	419,411	167,818	334,194	401,100	329,846	75,520	27,442	141,355	44,730	18,567
Operating Profit	-23,538	20,339	68,429	-14	-1,397	1,501	-148	-514	10,092	-6,502	-854
Interest Payable	3,673	3,066	1,525	229	253	0	22	23	0	0	0
Interest Receivable	4,741	911	43	24	314	193	84	105	38	0	0
Pre-Tax Profit	-22,470	18,184	66,947	-218	-1,336	1,694	-86	-432	10,130	-6,502	-854
Tax	0	-3,455	-12,720	0	0	-322	0	0	-2,026	0	0
Profit After Tax	-22,470	14,729	54,227	-218	-1,336	1,372	-86	-432	8,104	-6,502	-854
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-22,470	14,729	54,227	-218	-1,336	1,372	-86	-432	8,104	-6,502	-854
Employee Costs	364,794	387,626	196,514	264,530	312,784	273,877	51,526	19,369	72,635	26,451	9,388
Number Of Employees	32	35	19	26	29	25	5	2	8	3	1
EBITDA*	-7,629	34,626	81,401	7,096	7,987	1,501	14,756	16,155	29,197	-4,663	403

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Tangible Assets	54,724	42,329	38,676	21,330	28,152	36,238	44,626	49,692	57,316	5,520	7,359
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	54,724	42,329	38,676	21,330	28,152	36,238	44,626	49,692	57,316	5,520	7,359
Stock & work in progress	1,490	1,210	980	2,270	2,400	2,400	2,400	2,600	2,400	0	250
Trade Debtors	0	0	0	0	0	0	0	0	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	74,460	28,382	45,870	28,537	984	0	384	0	0	0	0
Cash	64,142	158,980	83,904	1,587	47,371	36,488	40,732	26,795	15,214	0	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	140,092	188,572	130,754	32,394	50,755	38,888	43,516	29,395	17,614	0	250
total assets	194,816	230,901	169,430	53,724	78,907	75,126	88,142	79,087	74,930	5,520	7,609
Bank overdraft	5,000	5,000	5,000	0	7,500	0	0	705	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	18,534	28,622	16,359	9,513	18,004	19,898	13,815	6,883	74,142	12,875	8,462
Group/Directors Accounts	10,247	26,194	15,333	10,070	3,336	15,631	47,053	62,033	0	0	0
other short term finances	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
other current liabilities	80,682	66,228	33,443	34,073	49,781	37,975	27,024	9,110	0	0	0
total current liabilities	114,463	126,044	70,135	53,656	78,621	73,504	87,892	78,731	74,142	12,875	8,462
loans	25,833	35,833	45,000	0	0	0	0	0	0	0	0
hp & lease commitments	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
other liabilities	0	0	0	0	0	0	0	0	0	0	0
provisions	7,966	0	0	0	0	0	0	0	0	0	0
total long term liabilities	33,799	35,833	45,000	0	0	0	0	0	0	0	0
total liabilities	148,262	161,877	115,135	53,656	78,621	73,504	87,892	78,731	74,142	12,875	8,462
net assets	46,554	69,024	54,295	68	286	1,622	250	356	788	-7,355	-853
total shareholders funds	46,554	69,024	54,295	68	286	1,622	250	356	788	-7,355	-853

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Operating Activities
Operating Profit	-23,538	20,339	68,429	-14	-1,397	1,501	-148	-514	10,092	-6,502	-854
Depreciation	15,909	14,287	12,972	7,110	9,384	0	14,904	16,669	19,105	1,839	1,257
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-3,455	-12,720	0	0	-322	0	0	-2,026	0	0
Stock	280	230	-1,290	-130	0	0	-200	200	2,400	-250	250
Debtors	46,078	-17,488	17,333	27,553	984	-384	384	0	0	0	0
Creditors	-10,088	12,263	6,846	-8,491	-1,894	6,083	6,932	-67,259	61,267	4,413	8,462
Accruals and Deferred Income	14,454	32,785	-630	-15,708	11,806	10,951	17,914	9,110	0	0	0
Deferred Taxes & Provisions	7,966	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-41,655	93,477	58,854	-44,526	16,915	18,597	39,418	-42,194	86,038	0	8,615
Investing Activities
capital expenditure	-28,304	-17,940	-30,318	-288	-1,298	8,388	-9,838	-9,045	-70,901	0	-8,616
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-28,304	-17,940	-30,318	-288	-1,298	8,388	-9,838	-9,045	-70,901	0	-8,616
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-15,947	10,861	5,263	6,734	-12,295	-31,422	-14,980	62,033	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-10,000	-9,167	45,000	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	-20	0	39	0	1
interest	1,068	-2,155	-1,482	-205	61	193	62	82	38	0	0
cash flow from financing	-24,879	-461	48,781	6,529	-12,234	-31,229	-14,938	62,115	77	0	1
cash and cash equivalents
cash	-94,838	75,076	82,317	-45,784	10,883	-4,244	13,937	11,581	15,214	0	0
overdraft	0	0	5,000	-7,500	7,500	0	-705	705	0	0	0
change in cash	-94,838	75,076	77,317	-38,284	3,383	-4,244	14,642	10,876	15,214	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for fresco eateries ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TN39 area or any other competitors across 12 key performance metrics.

FRESCO EATERIES LTD group structure

Fresco Eateries Ltd has no subsidiary companies.

Ultimate parent company

FRESCO EATERIES LTD

08045710

FRESCO EATERIES LTD Shareholders

james lintorn	55%
jeffrey thomas arnold	45%

Fresco Eateries Ltd currently has 2 directors. The longest serving directors include Mr James Lintorn (Apr 2012) and Mr Jeffrey Arnold (Apr 2015).

officer	country	age	start	end	role
Mr James Lintorn	England	58 years	Apr 2012	-	Director
Mr Jeffrey Arnold	United Kingdom	65 years	Apr 2015	-	Director

P&L

April 2023

turnover

753.1k

-13%

operating profit

-23.5k

gross margin

54.6%

+7.43%

turnover

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

Balance Sheet

April 2023

net assets

46.6k

-0.33%

total assets

194.8k

-0.16%

cash

64.1k

-0.6%

net assets

Total assets minus all liabilities

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company number

08045710

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

incorporation date

April 2012

ultimate parent company

None

previous names

fresco borough market ltd (October 2012)

address

unit 2.02 high weald house, glovers end, bexhill, east sussex, TN39 5ES

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 fresco eateries ltd.

fresco eateries ltd Company Information

fresco eateries ltd Estimated Valuation

fresco eateries ltd Estimated Valuation

fresco eateries ltd Estimated Valuation

Fresco Eateries Ltd Overview

Fresco Eateries Ltd Health Check

FRESCO EATERIES LTD financials

fresco eateries ltd Credit Report and Business Information

Fresco Eateries Ltd Competitor Analysis

fresco eateries ltd Ownership

fresco eateries ltd directors

fresco eateries ltd company details

fresco eateries ltd Charges & Mortgages

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