richer coffee limited
richer coffee limited Company Information
Company Number
08646254
Next Accounts
May 2025
Industry
Other personal service activities n.e.c.
Other retail sale not in stores, stalls or markets
Directors
Shareholders
ojeaga ojehomon
Group Structure
View All
Contact
Registered Address
215 north street, romford, essex, RM1 4QA
Website
www.essenso.comricher coffee limited Estimated Valuation
Pomanda estimates the enterprise value of RICHER COFFEE LIMITED at £45.5k based on a Turnover of £87.8k and 0.52x industry multiple (adjusted for size and gross margin).
richer coffee limited Estimated Valuation
Pomanda estimates the enterprise value of RICHER COFFEE LIMITED at £0 based on an EBITDA of £-4.3k and a 4.24x industry multiple (adjusted for size and gross margin).
richer coffee limited Estimated Valuation
Pomanda estimates the enterprise value of RICHER COFFEE LIMITED at £0 based on Net Assets of £-2.7k and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Richer Coffee Limited Overview
Richer Coffee Limited is a live company located in essex, RM1 4QA with a Companies House number of 08646254. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in August 2013, it's largest shareholder is ojeaga ojehomon with a 100% stake. Richer Coffee Limited is a established, micro sized company, Pomanda has estimated its turnover at £87.8k with high growth in recent years.
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Richer Coffee Limited Health Check
Pomanda's financial health check has awarded Richer Coffee Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £87.8k, make it smaller than the average company (£1.2m)
- Richer Coffee Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7%)
- Richer Coffee Limited
7% - Industry AVG
Production
with a gross margin of 33.4%, this company has a comparable cost of product (33.4%)
- Richer Coffee Limited
33.4% - Industry AVG
Profitability
an operating margin of -4.9% make it less profitable than the average company (4.6%)
- Richer Coffee Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
- Richer Coffee Limited
15 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Richer Coffee Limited
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £87.8k, this is less efficient (£112.9k)
- Richer Coffee Limited
£112.9k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is near the average (29 days)
- Richer Coffee Limited
29 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Richer Coffee Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Richer Coffee Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (31 weeks)
3 weeks - Richer Coffee Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.5%, this is a higher level of debt than the average (59%)
111.5% - Richer Coffee Limited
59% - Industry AVG
RICHER COFFEE LIMITED financials
Richer Coffee Limited's latest turnover from August 2023 is estimated at £87.8 thousand and the company has net assets of -£2.7 thousand. According to their latest financial statements, we estimate that Richer Coffee Limited has 1 employee and maintains cash reserves of £1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 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 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 808 | 1,616 | 0 | 563 | 1,008 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 808 | 1,616 | 0 | 563 | 1,008 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,123 | 5,460 | 0 | 0 | 0 | 0 | 0 | 9,350 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,001 | 7,410 | 558 | 19,166 | 4,169 | 608 | 383 | 801 | 175 | 0 |
| misc current assets | 15,571 | 20,690 | 27,028 | 25,506 | 9,071 | 3,453 | 5,258 | 0 | 0 | 0 |
| total current assets | 23,695 | 33,560 | 27,586 | 44,672 | 13,240 | 4,061 | 5,641 | 10,151 | 175 | 0 |
| total assets | 23,695 | 33,560 | 28,394 | 46,288 | 13,240 | 4,624 | 6,649 | 10,151 | 175 | 0 |
| Bank overdraft | 2,160 | 2,160 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,966 | 1,682 | 1,267 | 1,233 | 7,244 | 1,305 | 950 | 3,212 | 138 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 11,832 | 11,065 | 8,374 | 11,415 | 9,171 | 2,869 | 5,199 | 7,742 | 1,980 | 0 |
| total current liabilities | 13,992 | 16,191 | 10,056 | 12,682 | 10,404 | 10,113 | 6,504 | 8,692 | 5,192 | 138 |
| loans | 12,420 | 14,220 | 18,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,420 | 14,220 | 18,000 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 26,412 | 30,411 | 28,056 | 30,682 | 10,404 | 10,113 | 6,504 | 8,692 | 5,192 | 138 |
| net assets | -2,717 | 3,149 | 338 | 15,606 | 2,836 | -5,489 | 145 | 1,459 | -5,017 | -138 |
| total shareholders funds | -2,717 | 3,149 | 338 | 15,606 | 2,836 | -5,489 | 145 | 1,459 | -5,017 | -138 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 808 | 808 | 808 | 563 | 445 | 326 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,663 | 5,460 | 0 | 0 | 0 | 0 | -9,350 | 9,350 | 0 | 0 |
| Creditors | -2,966 | 1,284 | 415 | 34 | -6,011 | 5,939 | 355 | -2,262 | 3,074 | 138 |
| Accruals and Deferred Income | 767 | 2,691 | -3,041 | 2,244 | 6,302 | -2,330 | -2,543 | 5,762 | 1,980 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 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 | -1,800 | -3,780 | 0 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -6,409 | 6,852 | -18,608 | 14,997 | 3,561 | 225 | -418 | 626 | 175 | 0 |
| overdraft | 0 | 2,160 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,409 | 4,692 | -18,608 | 14,997 | 3,561 | 225 | -418 | 626 | 175 | 0 |
richer coffee limited Credit Report and Business Information
Richer Coffee Limited Competitor Analysis
Perform a competitor analysis for richer coffee limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in RM1 area or any other competitors across 12 key performance metrics.
richer coffee limited Ownership
RICHER COFFEE LIMITED group structure
Richer Coffee Limited has no subsidiary companies.
Ultimate parent company
RICHER COFFEE LIMITED
08646254
richer coffee limited directors
Richer Coffee Limited currently has 1 director, Mr Ojeaga Ojehomon serving since Aug 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ojeaga Ojehomon | United Kingdom | 60 years | Aug 2013 | - | Director |
P&L
August 2023turnover
87.8k
+118%
operating profit
-4.3k
0%
gross margin
33.5%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-2.7k
-1.86%
total assets
23.7k
-0.29%
cash
1k
-0.86%
net assets
Total assets minus all liabilities
richer coffee limited company details
company number
08646254
Type
Private limited with Share Capital
industry
56290 - Other food service activities
96090 - Other personal service activities n.e.c.
47990 - Other retail sale not in stores, stalls or markets
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
215 north street, romford, essex, RM1 4QA
Bank
-
Legal Advisor
-
richer coffee 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 did not find charges/mortgages relating to richer coffee limited.
richer coffee 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.
Click to start generating capital raising & share issue transactions for RICHER COFFEE LIMITED. This can take several minutes, an email will notify you when this has completed.
richer coffee limited Companies House Filings - See Documents
| date | description | view/download |
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