olive spice ltd
olive spice ltd Company Information
Company Number
08400934
Next Accounts
417 days late
Industry
Take away food shops and mobile food stands
Directors
Shareholders
shah mijaan ali
Group Structure
View All
Contact
Registered Address
10 bramhall road, crewe, CW2 8PT
Website
www.olivespice-cw11.co.ukolive spice ltd Estimated Valuation
Pomanda estimates the enterprise value of OLIVE SPICE LTD at £109.1k based on a Turnover of £134.3k and 0.81x industry multiple (adjusted for size and gross margin).
olive spice ltd Estimated Valuation
Pomanda estimates the enterprise value of OLIVE SPICE LTD at £0 based on an EBITDA of £-15.1k and a 4.74x industry multiple (adjusted for size and gross margin).
olive spice ltd Estimated Valuation
Pomanda estimates the enterprise value of OLIVE SPICE LTD at £0 based on Net Assets of £-14k and 2.62x industry multiple (adjusted for liquidity).
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Olive Spice Ltd Overview
Olive Spice Ltd is a live company located in crewe, CW2 8PT with a Companies House number of 08400934. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in February 2013, it's largest shareholder is shah mijaan ali with a 100% stake. Olive Spice Ltd is a established, micro sized company, Pomanda has estimated its turnover at £134.3k with healthy growth in recent years.
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Olive Spice Ltd Health Check
Pomanda's financial health check has awarded Olive Spice Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £134.3k, make it smaller than the average company (£210.7k)
- Olive Spice Ltd
£210.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.8%)
- Olive Spice Ltd
7.8% - Industry AVG
Production
with a gross margin of 49.7%, this company has a comparable cost of product (49.7%)
- Olive Spice Ltd
49.7% - Industry AVG
Profitability
an operating margin of -11.5% make it less profitable than the average company (9.6%)
- Olive Spice Ltd
9.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (7)
4 - Olive Spice Ltd
7 - Industry AVG
Pay Structure
on an average salary of £11.2k, the company has an equivalent pay structure (£11.2k)
- Olive Spice Ltd
£11.2k - Industry AVG
Efficiency
resulting in sales per employee of £33.6k, this is less efficient (£40.1k)
- Olive Spice Ltd
£40.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Olive Spice Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Olive Spice Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is in line with average (3 days)
- Olive Spice Ltd
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is average cash available to meet short term requirements (34 weeks)
32 weeks - Olive Spice Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 221.7%, this is a higher level of debt than the average (74.2%)
221.7% - Olive Spice Ltd
74.2% - Industry AVG
OLIVE SPICE LTD financials
Olive Spice Ltd's latest turnover from February 2022 is estimated at £134.3 thousand and the company has net assets of -£14 thousand. According to their latest financial statements, Olive Spice Ltd has 4 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 81,303 | 56,830 | 51,576 | 49,023 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 26,727 | 16,401 | 18,186 | 17,361 | |||||
| Gross Profit | 54,576 | 40,429 | 33,390 | 31,662 | |||||
| Admin Expenses | 40,417 | 37,036 | 31,003 | ||||||
| Operating Profit | 12 | -3,646 | 659 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 9,033 | 1,278 | -3,646 | 659 | |||||
| Tax | -943 | 0 | 0 | 0 | |||||
| Profit After Tax | 8,090 | 1,278 | -3,646 | 659 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 8,090 | 1,278 | -3,646 | 659 | |||||
| Employee Costs | 30,305 | 23,235 | |||||||
| Number Of Employees | 4 | 4 | 4 | 3 | 5 | ||||
| EBITDA* | 554 | -3,006 | 1,409 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,964 | 2,311 | 1,601 | 1,884 | 2,217 | 2,608 | 3,068 | 3,610 | 4,250 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 6,864 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,964 | 9,175 | 1,601 | 1,884 | 2,217 | 2,608 | 3,068 | 3,610 | 4,250 |
| Stock & work in progress | 750 | 695 | 750 | 744 | 525 | 590 | 750 | 980 | 1,250 |
| Trade Debtors | 0 | 0 | 0 | 3,225 | 476 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,369 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,409 | 18,432 | 5,187 | 4,293 | 2,895 | 2,446 | 2,177 | 1,959 | 4,011 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 3,459 | 0 | 0 | 0 |
| total current assets | 9,528 | 19,127 | 5,937 | 8,262 | 3,896 | 6,495 | 2,927 | 2,939 | 5,261 |
| total assets | 11,492 | 28,302 | 7,538 | 10,146 | 6,113 | 9,103 | 5,995 | 6,549 | 9,511 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,870 | 960 |
| Group/Directors Accounts | 0 | 0 | 2,953 | 0 | 0 | 0 | 6,541 | 7,580 | 7,832 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,223 | 2,094 | 2,019 | 2,217 | 2,635 | 2,712 | 1,153 | 76 | 50 |
| total current liabilities | 2,223 | 2,094 | 4,972 | 2,217 | 2,635 | 2,712 | 7,694 | 9,526 | 8,842 |
| loans | 23,250 | 23,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 23,250 | 23,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 25,473 | 25,344 | 4,972 | 2,217 | 2,635 | 2,712 | 7,694 | 9,526 | 8,842 |
| net assets | -13,981 | 2,958 | 2,566 | 7,929 | 3,478 | 6,391 | -1,699 | -2,977 | 669 |
| total shareholders funds | -13,981 | 2,958 | 2,566 | 7,929 | 3,478 | 6,391 | -1,699 | -2,977 | 669 |
| Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 12 | -3,646 | 659 | ||||||
| Depreciation | 347 | 240 | 283 | 333 | 391 | 460 | 542 | 640 | 750 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -943 | 0 | 0 | 0 | |||||
| Stock | 55 | -55 | 6 | 219 | -65 | -160 | -230 | -270 | 1,250 |
| Debtors | 505 | 6,864 | -3,225 | 2,749 | 476 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -1,870 | 910 | 960 |
| Accruals and Deferred Income | 129 | 75 | -198 | -418 | -77 | 1,559 | 1,077 | 26 | 50 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -9 | -1,800 | 1,169 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -2,953 | 2,953 | 0 | 0 | -6,541 | -1,039 | -252 | 7,832 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 23,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | |||||
| cash flow from financing | -6,541 | -1,039 | -252 | 7,842 | |||||
| cash and cash equivalents | |||||||||
| cash | -17,023 | 13,245 | 894 | 1,398 | 449 | 269 | 218 | -2,052 | 4,011 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -17,023 | 13,245 | 894 | 1,398 | 449 | 269 | 218 | -2,052 | 4,011 |
olive spice ltd Credit Report and Business Information
Olive Spice Ltd Competitor Analysis
Perform a competitor analysis for olive spice ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in CW2 area or any other competitors across 12 key performance metrics.
olive spice ltd Ownership
OLIVE SPICE LTD group structure
Olive Spice Ltd has no subsidiary companies.
Ultimate parent company
OLIVE SPICE LTD
08400934
olive spice ltd directors
Olive Spice Ltd currently has 1 director, Shah Ali serving since Feb 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Shah Ali | England | 32 years | Feb 2013 | - | Director |
P&L
February 2022turnover
134.3k
+12%
operating profit
-15.5k
0%
gross margin
49.8%
-6.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-14k
-5.73%
total assets
11.5k
-0.59%
cash
1.4k
-0.92%
net assets
Total assets minus all liabilities
Similar Companies
olive spice ltd company details
company number
08400934
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2022
previous names
N/A
accountant
S & H ACCOUNTANTS
auditor
-
address
10 bramhall road, crewe, CW2 8PT
Bank
-
Legal Advisor
-
olive spice 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 olive spice ltd.
olive spice 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.
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olive spice ltd Companies House Filings - See Documents
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