crown catering newmarket limited

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crown catering newmarket limited Company Information

Share CROWN CATERING NEWMARKET LIMITED

Company Number

08446548

Shareholders

crown catering cambridge holdings ltd

Group Structure

View All

Industry

Event catering activities

 

Registered Address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Website

-

crown catering newmarket limited Estimated Valuation

£377.6k

Pomanda estimates the enterprise value of CROWN CATERING NEWMARKET LIMITED at £377.6k based on a Turnover of £952.4k and 0.4x industry multiple (adjusted for size and gross margin).

crown catering newmarket limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CROWN CATERING NEWMARKET LIMITED at £0 based on an EBITDA of £-77.1k and a 3.06x industry multiple (adjusted for size and gross margin).

crown catering newmarket limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CROWN CATERING NEWMARKET LIMITED at £0 based on Net Assets of £-758.9k and 3x industry multiple (adjusted for liquidity).

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Crown Catering Newmarket Limited Overview

Crown Catering Newmarket Limited is a live company located in woodford green, IG8 8HD with a Companies House number of 08446548. It operates in the event catering activities sector, SIC Code 56210. Founded in March 2013, it's largest shareholder is crown catering cambridge holdings ltd with a 100% stake. Crown Catering Newmarket Limited is a established, small sized company, Pomanda has estimated its turnover at £952.4k with healthy growth in recent years.

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Crown Catering Newmarket Limited Health Check

Pomanda's financial health check has awarded Crown Catering Newmarket Limited a 3 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 Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £952.4k, make it larger than the average company (£638.7k)

£952.4k - Crown Catering Newmarket Limited

£638.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.1%)

7% - Crown Catering Newmarket Limited

10.1% - Industry AVG

production

Production

with a gross margin of 21.5%, this company has a higher cost of product (41.4%)

21.5% - Crown Catering Newmarket Limited

41.4% - Industry AVG

profitability

Profitability

an operating margin of -8.4% make it less profitable than the average company (5.3%)

-8.4% - Crown Catering Newmarket Limited

5.3% - Industry AVG

employees

Employees

with 11 employees, this is similar to the industry average (12)

11 - Crown Catering Newmarket Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)

£19.1k - Crown Catering Newmarket Limited

£19.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £86.6k, this is more efficient (£62.3k)

£86.6k - Crown Catering Newmarket Limited

£62.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (31 days)

0 days - Crown Catering Newmarket Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 380 days, this is slower than average (30 days)

380 days - Crown Catering Newmarket Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Crown Catering Newmarket Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)

0 weeks - Crown Catering Newmarket Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3866.8%, this is a higher level of debt than the average (78.4%)

3866.8% - Crown Catering Newmarket Limited

78.4% - Industry AVG

CROWN CATERING NEWMARKET LIMITED financials

EXPORTms excel logo

Crown Catering Newmarket Limited's latest turnover from December 2023 is estimated at £952.4 thousand and the company has net assets of -£758.9 thousand. According to their latest financial statements, Crown Catering Newmarket Limited has 11 employees and maintains cash reserves of £8.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Mar 2014
Turnover952,449721,373548,084784,249687,231621,927571,41398,87948,379696,129444,111
Other Income Or Grants
Cost Of Sales748,188606,626532,401699,842576,798508,139450,43678,77136,921549,666342,894
Gross Profit204,261114,74615,68484,406110,433113,788120,97720,10811,459146,463101,217
Admin Expenses284,069194,551-63,50699,968400,463200,729170,7035,825102,671237,299162,173
Operating Profit-79,808-79,80579,190-15,562-290,030-86,941-49,72614,283-91,212-90,836-60,956
Interest Payable78765,66811,80212,9257,6328,1267,207
Interest Receivable35238366331359566331136511
Pre-Tax Profit-79,456-79,42279,178-15,606-295,563-98,648-62,5866,684-99,225-97,978-60,945
Tax-15,044-1,337
Profit After Tax-79,456-79,42264,134-15,606-295,563-98,648-62,5865,347-99,225-97,978-60,945
Dividends Paid
Retained Profit-79,456-79,42264,134-15,606-295,563-98,648-62,5865,347-99,225-97,978-60,945
Employee Costs209,894201,857310,129158,523174,344186,928187,238147,60018,61077,21854,807
Number Of Employees11111891010108143
EBITDA*-77,066-76,37883,474-10,207-283,336-70,312-31,13435,328-66,468-65,379-31,325

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Mar 2014
Tangible Assets10,96813,71017,13721,42126,776418,394435,023453,615521,724533,177558,634
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,96813,71017,13721,42126,776418,394435,023453,615521,724533,177558,634
Stock & work in progress7,1507,1507,0007,0007,0007,0007,0009,06912,965
Trade Debtors5014551,0129,6879,68713,1379,6865,03739,936240
Group Debtors
Misc Debtors437
Cash8,6784,72917,14935,24829,8026,07519,1687,10518,99226,0084,399
misc current assets
total current assets9,1795,18425,31152,08546,48926,21235,85419,14226,42975,01317,604
total assets20,14718,89442,44873,50673,265444,606470,877472,757548,153608,190576,238
Bank overdraft20,33828,279
Bank loan
Trade Creditors 779,050698,341642,473711,165721,818629,665543,46213,15810,774484,324412,849
Group/Directors Accounts318,429302,974
other short term finances
hp & lease commitments
other current liabilities116,982194,307
total current liabilities779,050698,341642,473711,165721,818629,665543,462468,907536,334484,324412,849
loans2,500167,931181,757195,606221,744
hp & lease commitments
Accruals and Deferred Income
other liabilities24,000208,922224,234
provisions
total long term liabilities26,500167,931181,757195,606208,922221,744224,234
total liabilities779,050698,341642,473737,665721,818797,596725,219664,513745,256706,068637,083
net assets-758,903-679,447-600,025-664,159-648,553-352,990-254,342-191,756-197,103-97,878-60,845
total shareholders funds-758,903-679,447-600,025-664,159-648,553-352,990-254,342-191,756-197,103-97,878-60,845
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Mar 2014
Operating Activities
Operating Profit-79,808-79,80579,190-15,562-290,030-86,941-49,72614,283-91,212-90,836-60,956
Depreciation2,7423,4274,2845,3556,69416,62918,59221,04524,74425,45729,631
Amortisation
Tax-15,044-1,337
Stock-7,150150-2,0699,06912,965
Debtors46-557-8,675-3,4503,4514,6494,600-39,49939,936240
Creditors80,70955,868-68,692-10,65392,15386,203530,3042,384-473,550484,324412,849
Accruals and Deferred Income-116,982-77,325194,307
Deferred Taxes & Provisions
Cash flow from operations3,597-12,8038,413-21,010-187,73312,440377,539-45,550-304,143369,940368,319
Investing Activities
capital expenditure384,92447,064-13,291-558,634-588,265
Change in Investments
cash flow from investments384,92447,064-13,291-558,634-588,265
Financing Activities
Bank loans
Group/Directors Accounts-318,42915,455302,974
Other Short Term Loans
Long term loans-2,5002,500-167,931-13,826-13,849195,606-221,744221,744
Hire Purchase and Lease Commitments
other long term liabilities-24,00024,000-208,922208,922224,234
share issue100100
interest352383-12-43-5,533-11,707-12,859-7,599-8,013-7,14211
cash flow from financing352383-26,51226,457-173,464-25,533-345,137-5,460282,139214,702224,345
cash and cash equivalents
cash3,949-12,420-18,0995,44623,727-13,09312,063-11,887-7,01626,0084,399
overdraft-20,338-7,94128,279
change in cash3,949-12,420-18,0995,44623,727-13,09332,401-3,946-35,29526,0084,399

crown catering newmarket limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Crown Catering Newmarket Limited Competitor Analysis

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Perform a competitor analysis for crown catering newmarket limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in IG8 area or any other competitors across 12 key performance metrics.

crown catering newmarket limited Ownership

CROWN CATERING NEWMARKET LIMITED group structure

Crown Catering Newmarket Limited has no subsidiary companies.

Ultimate parent company

1 parent

CROWN CATERING NEWMARKET LIMITED

08446548

CROWN CATERING NEWMARKET LIMITED Shareholders

crown catering cambridge holdings ltd 100%

crown catering newmarket limited directors

Crown Catering Newmarket Limited currently has 2 directors. The longest serving directors include Mr Roger Hornett (Mar 2013) and Mr Paul Curry (Mar 2013).

officercountryagestartendrole
Mr Roger HornettUnited Kingdom78 years Mar 2013- Director
Mr Paul CurryEngland44 years Mar 2013- Director

P&L

December 2023

turnover

952.4k

+32%

operating profit

-79.8k

0%

gross margin

21.5%

+34.82%

turnover

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

Balance Sheet

December 2023

net assets

-758.9k

+0.12%

total assets

20.1k

+0.07%

cash

8.7k

+0.84%

net assets

Total assets minus all liabilities

crown catering newmarket limited company details

company number

08446548

Type

Private limited with Share Capital

industry

56210 - Event catering activities

incorporation date

March 2013

age

12

incorporated

UK

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

RAFFINGERS LLP

auditor

-

address

19-20 bourne court, southend road, woodford green, essex, IG8 8HD

Bank

-

Legal Advisor

-

crown catering newmarket 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 found 2 charges/mortgages relating to crown catering newmarket limited. Currently there are 1 open charges and 1 have been satisfied in the past.

crown catering newmarket 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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crown catering newmarket limited Companies House Filings - See Documents

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