Pomanda estimates the enterprise value of PROXIMO SPIRITS UK LTD at £91.1m based on a Turnover of £81.8m and 1.11x industry multiple (adjusted for size and gross margin).
proximo spirits uk ltdEstimated Valuation
£66.5m
Pomanda estimates the enterprise value of PROXIMO SPIRITS UK LTD at £66.5m based on an EBITDA of £7.3m and a 9.17x industry multiple (adjusted for size and gross margin).
proximo spirits uk ltdEstimated Valuation
£42.9m
Pomanda estimates the enterprise value of PROXIMO SPIRITS UK LTD at £42.9m based on Net Assets of £16.9m and 2.54x industry multiple (adjusted for liquidity).
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Proximo Spirits Uk LtdOverview
Proximo Spirits Uk Ltd is a live company located in london, EC1N 6TD with a Companies House number of 08428654. It operates in the other food services sector, SIC Code 56290. Founded in March 2013, it's largest shareholder is
jc overseas ltd
with a 100% stake. Proximo Spirits Uk Ltd is a established,
large sized company, Pomanda has estimated its turnover at
£81.8m with
high
growth in recent years.
Pomanda's financial health check has awarded Proximo Spirits Uk Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £81.8m, make it larger than the average company (£3.8m)
£81.8m - Proximo Spirits Uk Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (10.8%)
24% - Proximo Spirits Uk Ltd
10.8% - Industry AVG
Production
with a gross margin of 31.4%, this company has a comparable cost of product (26.7%)
31.4% - Proximo Spirits Uk Ltd
26.7% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (3%)
8.8% - Proximo Spirits Uk Ltd
3% - Industry AVG
Employees
with 40 employees, this is similar to the industry average (33)
40 - Proximo Spirits Uk Ltd
33 - Industry AVG
Pay Structure
on an average salary of £79.5k, the company has a higher pay structure (£27.2k)
£79.5k - Proximo Spirits Uk Ltd
£27.2k - Industry AVG
Efficiency
resulting in sales per employee of £2m, this is more efficient (£77.9k)
£2m - Proximo Spirits Uk Ltd
£77.9k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (30 days)
113 days - Proximo Spirits Uk Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (35 days)
9 days - Proximo Spirits Uk Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 89 days, this is more than average (13 days)
89 days - Proximo Spirits Uk Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (19 weeks)
7 weeks - Proximo Spirits Uk Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.1%, this is a similar level of debt than the average (66.8%)
62.1% - Proximo Spirits Uk Ltd
66.8% - Industry AVG
PROXIMO SPIRITS UK LTD financials
EXPORT
Proximo Spirits Uk Ltd's latest turnover from December 2023 is £81.8 million and the company has net assets of £16.9 million. According to their latest financial statements, Proximo Spirits Uk Ltd has 40 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Jun 2015
Jun 2014
Turnover
81,756,000
74,358,000
56,213,000
42,450,000
43,895,000
40,843,000
32,339,721
32,441,002
15,253,402
15,374,784
13,543,176
Other Income Or Grants
Cost Of Sales
56,048,000
54,044,000
40,251,000
30,433,000
33,262,000
28,965,000
24,128,833
23,216,289
10,680,151
10,598,451
8,925,000
Gross Profit
25,708,000
20,314,000
15,962,000
12,017,000
10,633,000
11,878,000
8,210,888
9,224,713
4,573,251
4,776,333
4,618,176
Admin Expenses
18,530,000
17,623,000
14,734,000
10,873,000
11,247,000
11,424,000
8,161,662
8,824,503
2,866,861
5,598,613
4,664,321
Operating Profit
7,178,000
2,691,000
1,228,000
1,144,000
-614,000
454,000
49,226
400,210
1,706,390
-822,280
-46,145
Interest Payable
4,000
39,000
20,000
32,804
119,829
114,095
Interest Receivable
106,000
6,000
39,589
353
526
2,916
Pre-Tax Profit
7,284,000
2,697,000
1,228,000
1,140,000
-653,000
434,000
49,226
439,799
1,673,939
-941,583
-157,324
Tax
9,000
51,000
-213,000
-214,000
118,000
-81,000
-12,845
-179,208
-341,806
188,017
29,491
Profit After Tax
7,293,000
2,748,000
1,015,000
926,000
-535,000
353,000
36,381
260,591
1,332,133
-753,566
-127,833
Dividends Paid
Retained Profit
7,293,000
2,748,000
1,015,000
926,000
-535,000
353,000
36,381
260,591
1,332,133
-753,566
-127,833
Employee Costs
3,179,000
2,622,000
2,683,000
2,159,000
1,937,000
1,661,000
1,419,064
1,549,950
601,280
1,123,072
989,494
Number Of Employees
40
35
32
28
22
23
17
19
21
22
17
EBITDA*
7,253,000
2,730,000
1,259,000
1,178,000
-565,000
503,000
49,226
400,210
1,706,390
-822,280
-46,145
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Jun 2015
Jun 2014
Tangible Assets
158,000
198,000
139,000
77,000
118,000
102,000
69,296
10,021
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
158,000
198,000
139,000
77,000
118,000
102,000
69,296
10,021
Stock & work in progress
13,744,000
14,152,000
7,178,000
6,789,000
5,200,000
7,472,000
3,216,982
4,374,847
2,262,216
2,541,367
2,497,071
Trade Debtors
25,342,000
22,916,000
15,981,000
13,725,000
15,963,000
15,719,000
15,594,499
12,641,895
10,561,396
4,449,509
3,497,565
Group Debtors
345,000
458,000
91,000
387,000
577,000
22,000
Misc Debtors
1,135,000
687,000
426,000
574,000
788,000
241,000
122,820
779,282
797,551
479,456
Cash
3,895,000
7,289,000
7,528,000
3,015,000
2,677,000
3,813,000
4,305,039
993,013
1,245,134
354,690
1,055,756
misc current assets
total current assets
44,461,000
45,502,000
31,204,000
24,490,000
25,205,000
27,267,000
23,239,340
18,789,037
14,866,297
7,825,022
7,050,392
total assets
44,619,000
45,700,000
31,343,000
24,567,000
25,323,000
27,369,000
23,308,636
18,799,058
14,866,297
7,825,022
7,050,392
Bank overdraft
Bank loan
Trade Creditors
1,440,000
1,357,000
673,000
358,000
572,000
998,000
62,675
977,604
295,643
1,026,057
274,647
Group/Directors Accounts
18,361,000
20,325,000
13,214,000
13,309,000
16,256,000
17,180,000
15,218,705
9,232,857
6,150,213
3,119,719
3,000,000
other short term finances
hp & lease commitments
other current liabilities
7,923,000
14,416,000
10,602,000
5,061,000
3,582,000
3,743,000
2,932,730
3,530,452
3,622,887
3,897,923
3,240,856
total current liabilities
27,724,000
36,098,000
24,489,000
18,728,000
20,410,000
21,921,000
18,214,110
13,740,913
10,068,743
8,043,699
6,515,503
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
27,724,000
36,098,000
24,489,000
18,728,000
20,410,000
21,921,000
18,214,110
13,740,913
10,068,743
8,043,699
6,515,503
net assets
16,895,000
9,602,000
6,854,000
5,839,000
4,913,000
5,448,000
5,094,526
5,058,145
4,797,554
-218,677
534,889
total shareholders funds
16,895,000
9,602,000
6,854,000
5,839,000
4,913,000
5,448,000
5,094,526
5,058,145
4,797,554
-218,677
534,889
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Jun 2015
Jun 2014
Operating Activities
Operating Profit
7,178,000
2,691,000
1,228,000
1,144,000
-614,000
454,000
49,226
400,210
1,706,390
-822,280
-46,145
Depreciation
75,000
39,000
31,000
34,000
49,000
49,000
Amortisation
Tax
9,000
51,000
-213,000
-214,000
118,000
-81,000
-12,845
-179,208
-341,806
188,017
29,491
Stock
-408,000
6,974,000
389,000
1,589,000
-2,272,000
4,255,018
-1,157,865
2,112,631
-234,855
44,296
2,497,071
Debtors
2,761,000
7,563,000
1,812,000
-2,642,000
1,346,000
264,681
2,296,142
2,062,230
7,861,382
1,431,400
3,497,565
Creditors
83,000
684,000
315,000
-214,000
-426,000
935,325
-914,929
681,961
20,996
751,410
274,647
Accruals and Deferred Income
-6,493,000
3,814,000
5,541,000
1,479,000
-161,000
810,270
-597,722
-92,435
382,031
657,067
3,240,856
Deferred Taxes & Provisions
Cash flow from operations
-1,501,000
-7,258,000
4,701,000
3,282,000
-108,000
-2,352,104
-2,614,547
-3,364,333
-5,858,916
-701,482
-2,495,787
Investing Activities
capital expenditure
-35,000
-98,000
-93,000
7,000
-65,000
-81,704
-59,275
-10,021
564,379
119,719
3,652,722
Change in Investments
cash flow from investments
-35,000
-98,000
-93,000
7,000
-65,000
-81,704
-59,275
-10,021
564,379
119,719
3,652,722
Financing Activities
Bank loans
Group/Directors Accounts
-1,964,000
7,111,000
-95,000
-2,947,000
-924,000
1,961,295
5,985,848
3,082,644
3,150,213
119,719
3,000,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
474
2,930,532
662,722
interest
106,000
6,000
-4,000
-39,000
-20,000
39,589
-32,451
-119,303
-111,179
cash flow from financing
-1,858,000
7,117,000
-95,000
-2,951,000
-963,000
1,941,769
5,985,848
3,122,233
6,048,294
416
3,551,543
cash and cash equivalents
cash
-3,394,000
-239,000
4,513,000
338,000
-1,136,000
-492,039
3,312,026
-252,121
189,378
-701,066
1,055,756
overdraft
change in cash
-3,394,000
-239,000
4,513,000
338,000
-1,136,000
-492,039
3,312,026
-252,121
189,378
-701,066
1,055,756
proximo spirits uk ltd 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 proximo spirits uk ltd. Get real-time insights into proximo spirits uk ltd's credit score, group structure and payment trends.
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proximo spirits uk ltd Ownership
PROXIMO SPIRITS UK LTD group structure
Proximo Spirits Uk Ltd has no subsidiary companies.
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 proximo spirits uk ltd.
proximo spirits uk ltd Capital Raised & Share Issues BETA
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proximo spirits uk ltdCompanies House Filings - See Documents
