mighty fine kitchen limited

2

mighty fine kitchen limited Company Information

Share MIGHTY FINE KITCHEN LIMITED
Live (In Liquidation)
Established

Company Number

08493392

Registered Address

units 1 to 3 hilltop business pa, devizes road, salisbury, wiltshire, SP3 4UF

Industry

Wholesale of sugar and chocolate and sugar confectionery

 

Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

 

Telephone

-

Next Accounts Due

July 2025

Group Structure

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Directors

Kit Tomlinson11 Years

Ross Newton11 Years

Shareholders

ross newton 50%

kit tomlinson 50%

mighty fine kitchen limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MIGHTY FINE KITCHEN LIMITED at £0 based on a Turnover of £0 and 0.43x industry multiple (adjusted for size and gross margin).

mighty fine kitchen limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MIGHTY FINE KITCHEN LIMITED at £0 based on an EBITDA of £-70.5k and a 4.35x industry multiple (adjusted for size and gross margin).

mighty fine kitchen limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of MIGHTY FINE KITCHEN LIMITED at £1m based on Net Assets of £325.8k and 3.16x industry multiple (adjusted for liquidity).

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Mighty Fine Kitchen Limited Overview

Mighty Fine Kitchen Limited is a live company located in salisbury, SP3 4UF with a Companies House number of 08493392. It operates in the wholesale of sugar and chocolate and sugar confectionery sector, SIC Code 46360. Founded in April 2013, it's largest shareholder is ross newton with a 50% stake. Mighty Fine Kitchen Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Mighty Fine Kitchen Limited Health Check

Pomanda's financial health check has awarded Mighty Fine Kitchen Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

employees

Employees

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 231 weeks, this is more cash available to meet short term requirements (15 weeks)

- - Mighty Fine Kitchen Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.7%, this is a lower level of debt than the average (69%)

- - Mighty Fine Kitchen Limited

- - Industry AVG

MIGHTY FINE KITCHEN LIMITED financials

EXPORTms excel logo

Mighty Fine Kitchen Limited's latest turnover from October 2023 is estimated at 0 and the company has net assets of £325.8 thousand. According to their latest financial statements, we estimate that Mighty Fine Kitchen Limited has no employees and maintains cash reserves of £71.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Turnover0353,620434,768609,978762,116525,078485,234270,29179,92518,404
Other Income Or Grants0000000000
Cost Of Sales0293,232349,955502,169634,088440,004410,829220,48965,65515,529
Gross Profit060,38884,813107,810128,02985,07474,40549,80214,2692,875
Admin Expenses70,486-540,761177,461122,393126,630-3,890123,48563,290-5,31811,001
Operating Profit-70,486601,149-92,648-14,5831,39988,964-49,080-13,48819,587-8,126
Interest Payable4,29210,1766,81600031933100
Interest Receivable16,3462,217831215114220
Pre-Tax Profit-58,432593,190-99,456-14,5521,61488,975-49,395-13,81819,589-8,126
Tax0-112,70600-307-16,90500-3,9180
Profit After Tax-58,432480,484-99,456-14,5521,30772,070-49,395-13,81815,671-8,126
Dividends Paid0000000000
Retained Profit-58,432480,484-99,456-14,5521,30772,070-49,395-13,81815,671-8,126
Employee Costs0303,692213,25279,77182,26850,035142,54246,53922,23522,491
Number Of Employees01073326211
EBITDA*-70,486617,822-78,070-3,1693,22891,532-49,080-10,97821,057-6,796

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Tangible Assets0076,91348,90913,4282,4524,7307,2406,4405,319
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)270,0733,98800000000
Total Fixed Assets270,0733,98876,91348,90913,4282,4524,7307,2406,4405,319
Stock & work in progress0065,31696,458104,68377,24130,63930,00016,0002,000
Trade Debtors010,107124,012151,570162,391130,97982,60039,0977,792500
Group Debtors0000000000
Misc Debtors06,6647930000000
Cash71,799582,0429,1946,69455,9341,3483,2060716100
misc current assets0000000000
total current assets71,799598,813199,315254,722323,008209,568116,44569,09724,5082,600
total assets341,872602,801276,228303,631336,436212,020121,17576,33730,9487,919
Bank overdraft017,444106,520000010,19500
Bank loan0000000000
Trade Creditors 018,96076,768171,295208,595174,566151,84172,41323,40110,556
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities16,118105,86031,8190000000
total current liabilities16,118142,264215,107171,295208,595174,566151,84182,60823,40110,556
loans060,589116,9570000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities015,76225,848120,616108,31021,05025,000005,389
provisions0014,6148,5621,82100000
total long term liabilities076,351157,419129,178110,13121,05025,000005,389
total liabilities16,118218,615372,526300,473318,726195,616176,84182,60823,40115,945
net assets325,754384,186-96,2983,15817,71016,404-55,666-6,2717,547-8,026
total shareholders funds325,754384,186-96,2983,15817,71016,404-55,666-6,2717,547-8,026
Oct 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Operating Activities
Operating Profit-70,486601,149-92,648-14,5831,39988,964-49,080-13,48819,587-8,126
Depreciation016,67314,57811,4141,8292,56802,5101,4701,330
Amortisation0000000000
Tax0-112,70600-307-16,90500-3,9180
Stock0-65,316-31,142-8,22527,44246,60263914,00014,0002,000
Debtors249,314-104,046-26,765-10,82131,41248,37943,50331,3057,292500
Creditors-18,960-57,808-94,527-37,30034,02922,72579,42849,01212,84510,556
Accruals and Deferred Income-89,74274,04131,8190000000
Deferred Taxes & Provisions0-14,6146,0526,7411,82100000
Cash flow from operations-428,502676,097-76,819-14,682-20,0832,371-13,794-7,2718,6921,260
Investing Activities
capital expenditure060,240-42,582-46,895-12,805-2902,510-3,310-2,591-6,649
Change in Investments0000000000
cash flow from investments060,240-42,582-46,895-12,805-2902,510-3,310-2,591-6,649
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans-60,589-56,368116,9570000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-15,762-10,086-94,76812,30687,260-3,95025,0000-5,3895,389
share issue0000-1000-98100
interest12,054-7,959-6,8083121511-315-32920
cash flow from financing-64,297-74,41315,38112,33787,474-3,93924,685-329-5,4855,489
cash and cash equivalents
cash-510,243572,8482,500-49,24054,586-1,8583,206-716616100
overdraft-17,444-89,076106,520000-10,19510,19500
change in cash-492,799661,924-104,020-49,24054,586-1,85813,401-10,911616100

mighty fine kitchen 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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Mighty Fine Kitchen Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mighty fine kitchen limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other established companies, companies in SP3 area or any other competitors across 12 key performance metrics.

mighty fine kitchen limited Ownership

MIGHTY FINE KITCHEN LIMITED group structure

Mighty Fine Kitchen Limited has no subsidiary companies.

Ultimate parent company

MIGHTY FINE KITCHEN LIMITED

08493392

MIGHTY FINE KITCHEN LIMITED Shareholders

ross newton 50%
kit tomlinson 50%

mighty fine kitchen limited directors

Mighty Fine Kitchen Limited currently has 2 directors. The longest serving directors include Mr Kit Tomlinson (Apr 2013) and Mr Ross Newton (Apr 2013).

officercountryagestartendrole
Mr Kit Tomlinson44 years Apr 2013- Director
Mr Ross Newton46 years Apr 2013- Director

P&L

October 2023

turnover

0

-100%

operating profit

-70.5k

0%

gross margin

0%

0%

turnover

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

Balance Sheet

October 2023

net assets

325.8k

-0.15%

total assets

341.9k

-0.43%

cash

71.8k

-0.88%

net assets

Total assets minus all liabilities

mighty fine kitchen limited company details

company number

08493392

Type

Private limited with Share Capital

industry

46360 - Wholesale of sugar and chocolate and sugar confectionery

47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

incorporation date

April 2013

age

11

incorporated

UK

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

last accounts submitted

October 2023

address

units 1 to 3 hilltop business pa, devizes road, salisbury, wiltshire, SP3 4UF

accountant

-

auditor

-

mighty fine kitchen 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 1 charges/mortgages relating to mighty fine kitchen limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

mighty fine kitchen limited Companies House Filings - See Documents

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