tipsy wight ltd
tipsy wight ltd Company Information
Group Structure
View All
Industry
Distilling, rectifying and blending of spirits
Registered Address
medham farm medham farm lane, cowes, isle of wight, PO31 8PH
Website
www.tipsywight.comtipsy wight ltd Estimated Valuation
Pomanda estimates the enterprise value of TIPSY WIGHT LTD at £209.1k based on a Turnover of £377.4k and 0.55x industry multiple (adjusted for size and gross margin).
tipsy wight ltd Estimated Valuation
Pomanda estimates the enterprise value of TIPSY WIGHT LTD at £0 based on an EBITDA of £-27.8k and a 3.59x industry multiple (adjusted for size and gross margin).
tipsy wight ltd Estimated Valuation
Pomanda estimates the enterprise value of TIPSY WIGHT LTD at £0 based on Net Assets of £-200.5k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tipsy Wight Ltd Overview
Tipsy Wight Ltd is a live company located in isle of wight, PO31 8PH with a Companies House number of 08395412. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in February 2013, it's largest shareholder is ruth green with a 100% stake. Tipsy Wight Ltd is a established, micro sized company, Pomanda has estimated its turnover at £377.4k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tipsy Wight Ltd Health Check
Pomanda's financial health check has awarded Tipsy Wight Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £377.4k, make it smaller than the average company (£22.4m)
- Tipsy Wight Ltd
£22.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (16.1%)
- Tipsy Wight Ltd
16.1% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (39%)
- Tipsy Wight Ltd
39% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (11.2%)
- Tipsy Wight Ltd
11.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (73)
2 - Tipsy Wight Ltd
73 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Tipsy Wight Ltd
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £188.7k, this is less efficient (£373.5k)
- Tipsy Wight Ltd
£373.5k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (39 days)
- Tipsy Wight Ltd
39 days - Industry AVG
Creditor Days
its suppliers are paid after 349 days, this is slower than average (68 days)
- Tipsy Wight Ltd
68 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tipsy Wight Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tipsy Wight Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 383.2%, this is a higher level of debt than the average (46.7%)
383.2% - Tipsy Wight Ltd
46.7% - Industry AVG
TIPSY WIGHT LTD financials
Tipsy Wight Ltd's latest turnover from February 2024 is estimated at £377.4 thousand and the company has net assets of -£200.5 thousand. According to their latest financial statements, Tipsy Wight Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 3 | 3 | 3 | 3 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,991 | 40,455 | 41,707 | 43,179 | 46,855 | 48,983 | 13,291 | 13,291 | 1,350 | ||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 34,991 | 40,455 | 41,707 | 43,179 | 46,855 | 48,983 | 13,291 | 13,291 | 1,350 | ||
| Stock & work in progress | 20,000 | 6,000 | |||||||||
| Trade Debtors | 35,796 | 40,136 | 49,810 | 52,208 | 55,189 | 43,711 | 34,773 | 34,773 | 139 | ||
| Group Debtors | |||||||||||
| Misc Debtors | |||||||||||
| Cash | 15,589 | 4,358 | |||||||||
| misc current assets | |||||||||||
| total current assets | 35,796 | 40,136 | 49,810 | 52,208 | 55,189 | 43,711 | 34,773 | 34,773 | 35,589 | 10,497 | |
| total assets | 70,787 | 80,591 | 91,517 | 95,387 | 102,044 | 92,694 | 48,064 | 48,064 | 36,939 | 10,497 | |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 271,255 | 253,246 | 231,140 | 209,417 | 191,239 | 171,987 | 95,705 | 95,705 | 55,336 | 34,044 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | |||||||||||
| total current liabilities | 271,255 | 253,246 | 231,140 | 209,417 | 191,239 | 171,987 | 95,705 | 95,705 | 55,336 | 34,044 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 271,255 | 253,246 | 231,140 | 209,417 | 191,239 | 171,987 | 95,705 | 95,705 | 55,336 | 34,044 | |
| net assets | -200,468 | -172,655 | -139,623 | -114,030 | -89,195 | -79,293 | -47,641 | -47,641 | -18,397 | -23,547 | |
| total shareholders funds | -200,468 | -172,655 | -139,623 | -114,030 | -89,195 | -79,293 | -47,641 | -47,641 | -18,397 | -23,547 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 450 | ||||||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -20,000 | 14,000 | 6,000 | ||||||||
| Debtors | -4,340 | -9,674 | -2,398 | -2,981 | 11,478 | 8,938 | 34,773 | -139 | 139 | ||
| Creditors | 18,009 | 22,106 | 21,723 | 18,178 | 19,252 | 76,282 | 40,369 | 21,292 | 34,044 | ||
| Accruals and Deferred Income | |||||||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| 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 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -15,589 | 11,231 | 4,358 | ||||||||
| overdraft | |||||||||||
| change in cash | -15,589 | 11,231 | 4,358 |
tipsy wight ltd Credit Report and Business Information
Tipsy Wight Ltd Competitor Analysis
Perform a competitor analysis for tipsy wight ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PO31 area or any other competitors across 12 key performance metrics.
tipsy wight ltd Ownership
TIPSY WIGHT LTD group structure
Tipsy Wight Ltd has no subsidiary companies.
Ultimate parent company
TIPSY WIGHT LTD
08395412
tipsy wight ltd directors
Tipsy Wight Ltd currently has 2 directors. The longest serving directors include Mrs Ruth Green (Feb 2013) and Mr Michael Green (Mar 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ruth Green | England | 56 years | Feb 2013 | - | Director |
| Mr Michael Green | 65 years | Mar 2013 | - | Director |
P&L
February 2024turnover
377.4k
+7%
operating profit
-27.8k
0%
gross margin
25.1%
-9.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-200.5k
+0.16%
total assets
70.8k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
tipsy wight ltd company details
company number
08395412
Type
Private limited with Share Capital
industry
11010 - Distilling, rectifying and blending of spirits
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
the tipsy wight alcoholic beverage company limited (March 2013)
accountant
-
auditor
-
address
medham farm medham farm lane, cowes, isle of wight, PO31 8PH
Bank
-
Legal Advisor
-
tipsy wight 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 did not find charges/mortgages relating to tipsy wight ltd.
tipsy wight 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 TIPSY WIGHT LTD. This can take several minutes, an email will notify you when this has completed.
tipsy wight ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
