the real african food co limitedEstimated Valuation
£30k
Pomanda estimates the enterprise value of THE REAL AFRICAN FOOD CO LIMITED at £30k based on a Turnover of £65.6k and 0.46x industry multiple (adjusted for size and gross margin).
the real african food co limitedEstimated Valuation
£25.5k
Pomanda estimates the enterprise value of THE REAL AFRICAN FOOD CO LIMITED at £25.5k based on an EBITDA of £8.2k and a 3.11x industry multiple (adjusted for size and gross margin).
the real african food co limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of THE REAL AFRICAN FOOD CO LIMITED at £0 based on Net Assets of £-113.7k and 1.98x industry multiple (adjusted for liquidity).
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The Real African Food Co LimitedOverview
The Real African Food Co Limited is a live company located in london, EC1V 2NX with a Companies House number of 08247370. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in October 2012, it's largest shareholder is
temitope adebolu ayodeji akindoyin
with a 100% stake. The Real African Food Co Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£65.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded The Real African Food Co Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £65.6k, make it smaller than the average company (£22.1m)
£65.6k - The Real African Food Co Limited
£22.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.5%)
5% - The Real African Food Co Limited
6.5% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (24.9%)
17% - The Real African Food Co Limited
24.9% - Industry AVG
Profitability
an operating margin of 12.5% make it more profitable than the average company (3.6%)
12.5% - The Real African Food Co Limited
3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (105)
1 - The Real African Food Co Limited
105 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
£37.1k - The Real African Food Co Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £65.6k, this is less efficient (£217.3k)
£65.6k - The Real African Food Co Limited
£217.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Real African Food Co Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (47 days)
100 days - The Real African Food Co Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Real African Food Co Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Real African Food Co Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 756.3%, this is a higher level of debt than the average (56.8%)
756.3% - The Real African Food Co Limited
56.8% - Industry AVG
THE REAL AFRICAN FOOD CO LIMITED financials
EXPORT
The Real African Food Co Limited's latest turnover from October 2023 is estimated at £65.6 thousand and the company has net assets of -£113.7 thousand. According to their latest financial statements, we estimate that The Real African Food Co Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Turnover
65,646
61,415
89,206
56,239
94,302
30,493
19,012
10,739
24,862
14,221
Other Income Or Grants
Cost Of Sales
54,469
50,677
73,648
46,317
76,724
25,054
15,528
8,920
17,780
6,843
Gross Profit
11,178
10,738
15,557
9,922
17,578
5,439
3,484
1,819
7,082
7,378
Admin Expenses
2,991
18,700
8,898
32,467
41,925
17,530
44,110
15,967
13,116
10,815
57
Operating Profit
8,187
-7,962
6,659
-22,545
-24,347
-12,091
-40,626
-14,148
-6,034
-3,437
-57
Interest Payable
319
722
373
38
Interest Receivable
25
10
7
1
Pre-Tax Profit
8,187
-7,962
6,659
-22,545
-24,666
-12,788
-40,989
-14,141
-6,034
-3,437
-93
Tax
-2,047
-1,265
Profit After Tax
6,140
-7,962
5,394
-22,545
-24,666
-12,788
-40,989
-14,141
-6,034
-3,437
-93
Dividends Paid
Retained Profit
6,140
-7,962
5,394
-22,545
-24,666
-12,788
-40,989
-14,141
-6,034
-3,437
-93
Employee Costs
37,149
35,510
33,669
33,352
31,782
32,940
31,519
29,891
30,006
28,676
Number Of Employees
1
1
1
1
1
1
1
1
1
1
EBITDA*
8,187
-7,962
6,659
-22,545
-24,347
-11,387
-39,937
-13,255
-5,399
-3,021
-57
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Tangible Assets
17,320
17,487
2,222
1,188
1,584
2,108
2,812
2,757
3,650
2,773
1,446
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
17,320
17,487
2,222
1,188
1,584
2,108
2,812
2,757
3,650
2,773
1,446
Stock & work in progress
7,992
5,540
2,828
4,825
523
Trade Debtors
23,141
6,869
26,611
3,000
2,000
20
Group Debtors
Misc Debtors
Cash
6,635
1,400
4,243
81
463
misc current assets
1,563
total current assets
23,141
6,869
26,611
9,555
15,175
6,228
9,088
604
463
total assets
17,320
17,487
25,363
8,057
28,195
11,663
17,987
8,985
12,738
3,377
1,909
Bank overdraft
8,435
504
Bank loan
1,022
Trade Creditors
14,981
14,459
4,980
5,011
569
13,803
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
6,950
13,779
2,224
100
100
total current liabilities
21,931
28,238
4,980
5,011
569
11,681
604
100
13,803
loans
11,424
1,156
hp & lease commitments
Accruals and Deferred Income
other liabilities
109,067
109,067
132,239
120,296
122,331
70,021
63,210
25,147
1,156
1,156
provisions
total long term liabilities
109,067
109,067
132,239
120,296
122,331
70,021
74,634
25,147
1,156
1,156
1,156
total liabilities
130,998
137,305
137,219
125,307
122,900
81,702
75,238
25,247
14,959
1,156
1,156
net assets
-113,678
-119,818
-111,856
-117,250
-94,705
-70,039
-57,251
-16,262
-2,221
2,221
753
total shareholders funds
-113,678
-119,818
-111,856
-117,250
-94,705
-70,039
-57,251
-16,262
-2,221
2,221
753
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Operating Activities
Operating Profit
8,187
-7,962
6,659
-22,545
-24,347
-12,091
-40,626
-14,148
-6,034
-3,437
-57
Depreciation
704
689
893
635
416
Amortisation
Tax
-2,047
-1,265
Stock
-7,992
2,452
2,712
-1,997
4,302
523
Debtors
-23,141
16,272
-19,742
26,611
-3,000
1,000
1,980
20
Creditors
522
9,479
-31
4,442
569
-13,803
13,803
Accruals and Deferred Income
-6,829
13,779
-2,224
2,124
100
Deferred Taxes & Provisions
Cash flow from operations
-167
38,437
-10,909
1,639
-44,621
-8,715
-43,649
-26,941
4,082
-3,544
-57
Investing Activities
capital expenditure
167
-15,265
-1,034
396
524
-744
-1,512
-1,743
-1,446
Change in Investments
cash flow from investments
167
-15,265
-1,034
396
524
-744
-1,512
-1,743
-1,446
Financing Activities
Bank loans
-1,022
1,022
Group/Directors Accounts
Other Short Term Loans
Long term loans
-11,424
11,424
-1,156
1,156
Hire Purchase and Lease Commitments
other long term liabilities
-23,172
11,943
-2,035
52,310
6,811
38,063
23,991
1,156
share issue
100
1,592
4,905
846
interest
-319
-697
-363
7
-37
cash flow from financing
-23,172
11,943
-2,035
50,969
-4,288
49,124
24,098
1,592
4,905
1,965
cash and cash equivalents
cash
-6,635
5,235
-2,843
4,162
-382
463
overdraft
-8,435
7,931
504
change in cash
8,435
-14,566
4,731
-2,843
4,162
-382
463
the real african food co limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the real african food co limited. Get real-time insights into the real african food co limited's credit score, group structure and payment trends.
The Real African Food Co Limited Competitor Analysis
Perform a competitor analysis for the real african food co limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
the real african food co limited Ownership
THE REAL AFRICAN FOOD CO LIMITED group structure
The Real African Food Co Limited has no subsidiary companies.
Ultimate parent company
THE REAL AFRICAN FOOD CO LIMITED
08247370
THE REAL AFRICAN FOOD CO LIMITED Shareholders
The sole shareholder of The Real African Food Co Limited is Temitope Adebolu Ayodeji Akindoyin.
temitope adebolu ayodeji akindoyin
100%
the real african food co limited directors
The Real African Food Co Limited currently has 1 director, Mr Temitope Akindoyin serving since Oct 2012.
the real african food co 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 the real african food co limited.
the real african food co 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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the real african food co limitedCompanies House Filings - See Documents
