northern monk brewing co. ltd
northern monk brewing co. ltd Company Information
Company Number
08651758
Website
www.northernmonkbrewco.comRegistered Address
the old flax store, marshalls mills, leeds, LS11 9YJ
Industry
Manufacture of beer
Telephone
01132436430
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
russell bisset 38.1%
david seymour 17.8%
View Allnorthern monk brewing co. ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN MONK BREWING CO. LTD at £11.2m based on a Turnover of £13.8m and 0.81x industry multiple (adjusted for size and gross margin).
northern monk brewing co. ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN MONK BREWING CO. LTD at £0 based on an EBITDA of £-628.1k and a 4.61x industry multiple (adjusted for size and gross margin).
northern monk brewing co. ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN MONK BREWING CO. LTD at £128.4k based on Net Assets of £56.8k and 2.26x industry multiple (adjusted for liquidity).
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Northern Monk Brewing Co. Ltd Overview
Northern Monk Brewing Co. Ltd is a live company located in leeds, LS11 9YJ with a Companies House number of 08651758. It operates in the manufacture of beer sector, SIC Code 11050. Founded in August 2013, it's largest shareholder is russell bisset with a 38.1% stake. Northern Monk Brewing Co. Ltd is a established, mid sized company, Pomanda has estimated its turnover at £13.8m with high growth in recent years.
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Northern Monk Brewing Co. Ltd Health Check
Pomanda's financial health check has awarded Northern Monk Brewing Co. Ltd a 2.5 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 £13.8m, make it in line with the average company (£11.9m)
£13.8m - Northern Monk Brewing Co. Ltd
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4.9%)
18% - Northern Monk Brewing Co. Ltd
4.9% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (32.1%)
24.1% - Northern Monk Brewing Co. Ltd
32.1% - Industry AVG
Profitability
an operating margin of -10.5% make it less profitable than the average company (2.2%)
-10.5% - Northern Monk Brewing Co. Ltd
2.2% - Industry AVG
Employees
with 99 employees, this is similar to the industry average (85)
99 - Northern Monk Brewing Co. Ltd
85 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£27.6k)
£33k - Northern Monk Brewing Co. Ltd
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £139.6k, this is more efficient (£103.8k)
£139.6k - Northern Monk Brewing Co. Ltd
£103.8k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (38 days)
63 days - Northern Monk Brewing Co. Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (47 days)
36 days - Northern Monk Brewing Co. Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is more than average (36 days)
47 days - Northern Monk Brewing Co. Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Northern Monk Brewing Co. Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (62.7%)
99.3% - Northern Monk Brewing Co. Ltd
62.7% - Industry AVG
NORTHERN MONK BREWING CO. LTD financials
Northern Monk Brewing Co. Ltd's latest turnover from August 2023 is £13.8 million and the company has net assets of £56.8 thousand. According to their latest financial statements, Northern Monk Brewing Co. Ltd has 99 employees and maintains cash reserves of £33.3 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 | 13,818,966 | 12,937,012 | 10,804,448 | 8,322,746 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 10,486,392 | 10,700,140 | 8,868,607 | 5,870,879 | ||||||
| Gross Profit | 3,332,574 | 2,236,872 | 1,935,841 | 2,451,867 | ||||||
| Admin Expenses | 4,783,446 | 4,408,292 | 3,048,230 | 2,529,184 | ||||||
| Operating Profit | -1,450,872 | -2,171,420 | -1,112,389 | -77,317 | ||||||
| Interest Payable | 686,934 | 334,708 | 56,388 | 13,809 | ||||||
| Interest Receivable | 1,996 | 153 | 56 | 5,493 | ||||||
| Pre-Tax Profit | -2,135,810 | -2,505,975 | -1,168,721 | -85,633 | ||||||
| Tax | 72,438 | 680,127 | -563,648 | 36,550 | ||||||
| Profit After Tax | -2,063,372 | -1,825,848 | -1,732,369 | -49,083 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -2,063,372 | -1,825,848 | -1,732,369 | -49,083 | ||||||
| Employee Costs | 3,263,703 | 2,998,314 | 2,165,702 | 1,609,406 | ||||||
| Number Of Employees | 99 | 97 | 84 | 81 | 32 | 23 | 18 | |||
| EBITDA* | -628,069 | -1,284,175 | -516,138 | 421,809 |
* 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 | 4,462,645 | 5,156,131 | 5,263,916 | 2,415,695 | 1,485,132 | 1,106,511 | 593,246 | 215,489 | 160,862 | 71,642 |
| 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 | 4,462,645 | 5,156,131 | 5,263,916 | 2,415,695 | 1,485,132 | 1,106,511 | 593,246 | 215,489 | 160,862 | 71,642 |
| Stock & work in progress | 1,368,242 | 1,416,043 | 1,332,695 | 892,502 | 483,032 | 272,953 | 154,736 | 84,923 | 41,737 | 12,500 |
| Trade Debtors | 2,403,556 | 1,699,112 | 1,182,289 | 1,309,619 | 821,121 | 576,430 | 369,136 | 157,995 | 90,678 | 12,384 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 282,933 | 216,586 | 191,488 | 419,393 | 148,105 | 68,620 | 70,976 | 26,345 | 0 | 0 |
| Cash | 33,262 | 272,606 | 527,296 | 1,946,556 | 2,495,398 | 644,153 | 3,563 | 8,100 | 12,673 | 18,676 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,087,993 | 3,604,347 | 3,233,768 | 4,568,070 | 3,947,656 | 1,562,156 | 598,411 | 277,363 | 145,088 | 43,560 |
| total assets | 8,550,638 | 8,760,478 | 8,497,684 | 6,983,765 | 5,432,788 | 2,668,667 | 1,191,657 | 492,852 | 305,950 | 115,202 |
| Bank overdraft | 24,269 | 14 | 303,636 | 0 | 0 | 0 | 74,285 | 16,000 | 0 | 0 |
| Bank loan | 514,513 | 505,864 | 263,034 | 11,000 | 16,000 | 16,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,059,511 | 1,066,067 | 1,093,668 | 549,988 | 433,002 | 382,076 | 185,535 | 109,330 | 337,650 | 148,016 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,870,887 | 0 | 0 | 0 | 0 | 0 | 339,000 | 0 | 0 | 0 |
| hp & lease commitments | 54,472 | 54,472 | 50,965 | 2,176 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,873,517 | 1,600,229 | 1,091,034 | 1,273,020 | 761,580 | 569,066 | 227,362 | 269,321 | 0 | 0 |
| total current liabilities | 6,397,169 | 3,226,646 | 2,802,337 | 1,836,184 | 1,210,582 | 967,142 | 826,182 | 394,651 | 337,650 | 148,016 |
| loans | 1,913,883 | 3,587,436 | 1,191,167 | 900,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 91,329 | 145,800 | 190,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 91,430 | 80,396 | 89,854 | 157,595 | 46,587 | 152,944 | 294,446 | 72,943 | 13,333 | 0 |
| provisions | 0 | 0 | 678,000 | 55,000 | 91,550 | 49,700 | 13,300 | 10,038 | 0 | 0 |
| total long term liabilities | 2,096,642 | 3,813,632 | 2,149,299 | 1,112,595 | 138,137 | 202,644 | 307,746 | 82,981 | 13,333 | 0 |
| total liabilities | 8,493,811 | 7,040,278 | 4,951,636 | 2,948,779 | 1,348,719 | 1,169,786 | 1,133,928 | 477,632 | 350,983 | 148,016 |
| net assets | 56,827 | 1,720,200 | 3,546,048 | 4,034,986 | 4,084,069 | 1,498,881 | 57,729 | 15,220 | -45,033 | -32,814 |
| total shareholders funds | 56,827 | 1,720,200 | 3,546,048 | 4,034,986 | 4,084,069 | 1,498,881 | 57,729 | 15,220 | -45,033 | -32,814 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -1,450,872 | -2,171,420 | -1,112,389 | -77,317 | ||||||
| Depreciation | 822,803 | 887,245 | 596,251 | 499,126 | 416,532 | 269,770 | 200,349 | 69,508 | 27,281 | 3,116 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 72,438 | 680,127 | -563,648 | 36,550 | ||||||
| Stock | -47,801 | 83,348 | 440,193 | 409,470 | 210,079 | 118,217 | 69,813 | 43,186 | 29,237 | 12,500 |
| Debtors | 770,791 | 541,921 | -355,235 | 759,786 | 324,176 | 204,938 | 255,772 | 93,662 | 78,294 | 12,384 |
| Creditors | -6,556 | -27,601 | 543,680 | 116,986 | 50,926 | 196,541 | 76,205 | -228,320 | 189,634 | 148,016 |
| Accruals and Deferred Income | 273,288 | 509,195 | -181,986 | 511,440 | 192,514 | 341,704 | -41,959 | 269,321 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -678,000 | 623,000 | -36,550 | 41,850 | 36,400 | 3,262 | 10,038 | 0 | 0 |
| Cash flow from operations | -1,011,889 | -1,425,723 | -180,050 | -119,021 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | ||||||
| Financing Activities | ||||||||||
| Bank loans | 8,649 | 242,830 | 252,034 | -5,000 | 0 | 16,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 2,870,887 | 0 | 0 | 0 | 0 | -339,000 | 339,000 | 0 | 0 | 0 |
| Long term loans | -1,673,553 | 2,396,269 | 291,167 | 900,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -54,471 | -40,971 | 239,067 | 2,176 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 11,034 | -9,458 | -67,741 | 111,008 | -106,357 | -141,502 | 221,503 | 59,610 | 13,333 | 0 |
| share issue | ||||||||||
| interest | -684,938 | -334,555 | -56,332 | -8,316 | ||||||
| cash flow from financing | 877,607 | 2,254,115 | 1,901,626 | 999,868 | ||||||
| cash and cash equivalents | ||||||||||
| cash | -239,344 | -254,690 | -1,419,260 | -548,842 | 1,851,245 | 640,590 | -4,537 | -4,573 | -6,003 | 18,676 |
| overdraft | 24,255 | -303,622 | 303,636 | 0 | 0 | -74,285 | 58,285 | 16,000 | 0 | 0 |
| change in cash | -263,599 | 48,932 | -1,722,896 | -548,842 | 1,851,245 | 714,875 | -62,822 | -20,573 | -6,003 | 18,676 |
northern monk brewing co. ltd Credit Report and Business Information
Northern Monk Brewing Co. Ltd Competitor Analysis
Perform a competitor analysis for northern monk brewing co. ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in LS11 area or any other competitors across 12 key performance metrics.
northern monk brewing co. ltd Ownership
NORTHERN MONK BREWING CO. LTD group structure
Northern Monk Brewing Co. Ltd has no subsidiary companies.
Ultimate parent company
NORTHERN MONK BREWING CO. LTD
08651758
northern monk brewing co. ltd directors
Northern Monk Brewing Co. Ltd currently has 3 directors. The longest serving directors include Mr Russell Bisset (Aug 2013) and Mr Brian Dickson (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Bisset | England | 39 years | Aug 2013 | - | Director |
| Mr Brian Dickson | 37 years | Jun 2018 | - | Director | |
| Mrs Janice Cargo | United Kingdom | 48 years | Jul 2023 | - | Director |
P&L
August 2023turnover
13.8m
+7%
operating profit
-1.5m
-33%
gross margin
24.2%
+39.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
56.8k
-0.97%
total assets
8.6m
-0.02%
cash
33.3k
-0.88%
net assets
Total assets minus all liabilities
northern monk brewing co. ltd company details
company number
08651758
Type
Private limited with Share Capital
industry
11050 - Manufacture of beer
incorporation date
August 2013
age
11
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
the old flax store, marshalls mills, leeds, LS11 9YJ
accountant
-
auditor
BHP LLP
northern monk brewing co. 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 found 2 charges/mortgages relating to northern monk brewing co. ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
northern monk brewing co. ltd Companies House Filings - See Documents
| date | description | view/download |
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