the meon spirit company ltd
the meon spirit company ltd Company Information
Company Number
08477326
Next Accounts
Jan 2025
Industry
Manufacture of soft drinks; production of mineral waters and other bottled waters
Directors
Shareholders
dominic dobson
Group Structure
View All
Contact
Registered Address
hall place eldon lane, braishfield, romsey, SO51 0PT
the meon spirit company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MEON SPIRIT COMPANY LTD at £550.5k based on a Turnover of £701.8k and 0.78x industry multiple (adjusted for size and gross margin).
the meon spirit company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MEON SPIRIT COMPANY LTD at £59.3k based on an EBITDA of £12k and a 4.95x industry multiple (adjusted for size and gross margin).
the meon spirit company ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MEON SPIRIT COMPANY LTD at £0 based on Net Assets of £-127.6k and 2.35x industry multiple (adjusted for liquidity).
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The Meon Spirit Company Ltd Overview
The Meon Spirit Company Ltd is a live company located in romsey, SO51 0PT with a Companies House number of 08477326. It operates in the manufacture of soft drinks sector, SIC Code 11070. Founded in April 2013, it's largest shareholder is dominic dobson with a 100% stake. The Meon Spirit Company Ltd is a established, small sized company, Pomanda has estimated its turnover at £701.8k with healthy growth in recent years.
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The Meon Spirit Company Ltd Health Check
Pomanda's financial health check has awarded The Meon Spirit Company Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £701.8k, make it smaller than the average company (£32.6m)
- The Meon Spirit Company Ltd
£32.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.7%)
- The Meon Spirit Company Ltd
4.7% - Industry AVG
Production
with a gross margin of 34.1%, this company has a comparable cost of product (34.1%)
- The Meon Spirit Company Ltd
34.1% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (5.7%)
- The Meon Spirit Company Ltd
5.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (91)
5 - The Meon Spirit Company Ltd
91 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- The Meon Spirit Company Ltd
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £140.4k, this is less efficient (£378.2k)
- The Meon Spirit Company Ltd
£378.2k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (57 days)
- The Meon Spirit Company Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (63 days)
- The Meon Spirit Company Ltd
63 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is in line with average (51 days)
- The Meon Spirit Company Ltd
51 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - The Meon Spirit Company Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 131.8%, this is a higher level of debt than the average (66.8%)
131.8% - The Meon Spirit Company Ltd
66.8% - Industry AVG
THE MEON SPIRIT COMPANY LTD financials
The Meon Spirit Company Ltd's latest turnover from April 2023 is estimated at £701.8 thousand and the company has net assets of -£127.6 thousand. According to their latest financial statements, The Meon Spirit Company Ltd has 5 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 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 | 5 | 6 | 6 | 6 | 9 | 9 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 234,726 | 231,939 | 38,575 | 29,354 | 65,966 | 81,994 | 78,803 | 91,366 | 109,594 | 90,223 |
| Intangible Assets | 16,802 | 20,201 | 23,600 | 26,999 | 0 | 0 | 37,196 | 40,595 | 43,334 | 46,667 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 251,528 | 252,140 | 62,175 | 56,353 | 65,966 | 81,994 | 115,999 | 131,961 | 152,928 | 136,890 |
| Stock & work in progress | 59,422 | 67,721 | 51,637 | 49,007 | 0 | 0 | 39,105 | 49,689 | 55,689 | 40,484 |
| Trade Debtors | 59,874 | 20,046 | 13,442 | 10,805 | 61,869 | 75,223 | 36,508 | 32,082 | 54,398 | 33,987 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,483 | 21,030 | 88,942 | 1,967 | 0 | 0 | 725 | 1,209 | 0 | 0 |
| Cash | 1,352 | 2,742 | 11,805 | 9,240 | 0 | 0 | 1,284 | 17,896 | 723 | 5,587 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,504 | 0 | 0 | 0 | 0 |
| total current assets | 150,131 | 111,539 | 165,826 | 71,019 | 61,869 | 76,727 | 77,622 | 100,876 | 110,810 | 80,058 |
| total assets | 401,659 | 363,679 | 228,001 | 127,372 | 127,835 | 158,721 | 193,621 | 232,837 | 263,738 | 216,948 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,934 | 9,690 | 8,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,948 | 3,406 | 15,073 | 6,306 | 233,485 | 214,368 | 15,893 | 8,866 | 119,588 | 99,747 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 3,472 | 0 | 0 | 9,338 | 9,794 | 0 | 0 |
| other current liabilities | 30,953 | 27,971 | 7,691 | 5,731 | 0 | 0 | 160,870 | 185,384 | 0 | 0 |
| total current liabilities | 44,835 | 41,067 | 31,638 | 15,509 | 233,485 | 214,368 | 186,101 | 204,044 | 119,588 | 99,747 |
| loans | 22,349 | 32,278 | 41,126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 18,933 | 13,363 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 462,071 | 385,802 | 244,754 | 230,893 | 3,491 | 9,594 | 0 | 0 | 125,319 | 125,309 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 2,615 | 4,937 | 5,637 | 92 |
| total long term liabilities | 484,420 | 418,080 | 285,880 | 230,893 | 3,491 | 9,594 | 21,548 | 18,300 | 130,956 | 125,401 |
| total liabilities | 529,255 | 459,147 | 317,518 | 246,402 | 236,976 | 223,962 | 207,649 | 222,344 | 250,544 | 225,148 |
| net assets | -127,596 | -95,468 | -89,517 | -119,030 | -109,141 | -65,241 | -14,028 | 10,493 | 13,194 | -8,200 |
| total shareholders funds | -127,596 | -95,468 | -89,517 | -119,030 | -109,141 | -65,241 | -14,028 | 10,493 | 13,194 | -8,200 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 36,992 | 27,756 | 10,462 | 12,991 | 25,326 | 30,028 | 24,156 | 99 | ||
| Amortisation | 3,399 | 3,399 | 3,399 | 3,399 | 3,399 | 3,399 | 3,333 | 3,333 | ||
| Tax | ||||||||||
| Stock | -8,299 | 16,084 | 2,630 | 49,007 | 0 | -39,105 | -10,584 | -6,000 | 15,205 | 40,484 |
| Debtors | 48,281 | -61,308 | 89,612 | -49,097 | -13,354 | 37,990 | 3,942 | -21,107 | 20,411 | 33,987 |
| Creditors | 542 | -11,667 | 8,767 | -227,179 | 19,117 | 198,475 | 7,027 | -110,722 | 19,841 | 99,747 |
| Accruals and Deferred Income | 2,982 | 20,280 | 1,960 | 5,731 | 0 | -160,870 | -24,514 | 185,384 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -2,615 | -2,322 | -700 | 5,545 | 92 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 244 | 816 | 8,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,929 | -8,848 | 41,126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -3,472 | 3,472 | 0 | -28,271 | 5,114 | 23,157 | 0 | 0 |
| other long term liabilities | 76,269 | 141,048 | 13,861 | 227,402 | -6,103 | 9,594 | 0 | -125,319 | 10 | 125,309 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -1,390 | -9,063 | 2,565 | 9,240 | 0 | -1,284 | -16,612 | 17,173 | -4,864 | 5,587 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,390 | -9,063 | 2,565 | 9,240 | 0 | -1,284 | -16,612 | 17,173 | -4,864 | 5,587 |
the meon spirit company ltd Credit Report and Business Information
The Meon Spirit Company Ltd Competitor Analysis
Perform a competitor analysis for the meon spirit company ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SO51 area or any other competitors across 12 key performance metrics.
the meon spirit company ltd Ownership
THE MEON SPIRIT COMPANY LTD group structure
The Meon Spirit Company Ltd has no subsidiary companies.
Ultimate parent company
THE MEON SPIRIT COMPANY LTD
08477326
the meon spirit company ltd directors
The Meon Spirit Company Ltd currently has 1 director, Mr Dominic Dobson serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic Dobson | England | 47 years | Apr 2013 | - | Director |
P&L
April 2023turnover
701.8k
+15%
operating profit
-28.4k
0%
gross margin
34.1%
-6.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-127.6k
+0.34%
total assets
401.7k
+0.1%
cash
1.4k
-0.51%
net assets
Total assets minus all liabilities
the meon spirit company ltd company details
company number
08477326
Type
Private limited with Share Capital
industry
11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
CHAVEREYS LIMITED
auditor
-
address
hall place eldon lane, braishfield, romsey, SO51 0PT
Bank
-
Legal Advisor
-
the meon spirit company 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 the meon spirit company ltd.
the meon spirit company 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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the meon spirit company ltd Companies House Filings - See Documents
| date | description | view/download |
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