Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
67 uppingham road, leicester, LE5 3TB
Website
-
patel brothers (leicester) ltdEstimated Valuation
£205.2k
Pomanda estimates the enterprise value of PATEL BROTHERS (LEICESTER) LTD at £205.2k based on a Turnover of £780.4k and 0.26x industry multiple (adjusted for size and gross margin).
patel brothers (leicester) ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of PATEL BROTHERS (LEICESTER) LTD at £0 based on an EBITDA of £-12.9k and a 2.98x industry multiple (adjusted for size and gross margin).
patel brothers (leicester) ltdEstimated Valuation
£42.8k
Pomanda estimates the enterprise value of PATEL BROTHERS (LEICESTER) LTD at £42.8k based on Net Assets of £16.6k and 2.57x industry multiple (adjusted for liquidity).
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Patel Brothers (leicester) LtdOverview
Patel Brothers (leicester) Ltd is a live company located in leicester, LE5 3TB with a Companies House number of 08801938. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in December 2013, it's largest shareholder is
vinodkumar patel
with a 33.3% stake. Patel Brothers (leicester) Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£780.4k with
declining
growth in recent years.
Pomanda's financial health check has awarded Patel Brothers (Leicester) 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
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £780.4k, make it smaller than the average company (£3.6m)
£780.4k - Patel Brothers (leicester) Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6.4%)
-14% - Patel Brothers (leicester) Ltd
6.4% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (23.5%)
17.1% - Patel Brothers (leicester) Ltd
23.5% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (2.9%)
-1.6% - Patel Brothers (leicester) Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (35)
2 - Patel Brothers (leicester) Ltd
35 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
£17.5k - Patel Brothers (leicester) Ltd
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £390.2k, this is more efficient (£129.3k)
£390.2k - Patel Brothers (leicester) Ltd
£129.3k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (4 days)
26 days - Patel Brothers (leicester) Ltd
4 days - Industry AVG
Creditor Days
its suppliers are paid after 124 days, this is slower than average (30 days)
124 days - Patel Brothers (leicester) Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Patel Brothers (leicester) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Patel Brothers (leicester) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.4%, this is a higher level of debt than the average (64.3%)
93.4% - Patel Brothers (leicester) Ltd
64.3% - Industry AVG
PATEL BROTHERS (LEICESTER) LTD financials
EXPORT
Patel Brothers (Leicester) Ltd's latest turnover from December 2023 is estimated at £780.4 thousand and the company has net assets of £16.6 thousand. According to their latest financial statements, Patel Brothers (Leicester) Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Turnover
780,434
742,214
1,302,730
1,242,036
985,359
1,131,766
1,808,160
2,188,881
894,518
940,026
Other Income Or Grants
Cost Of Sales
646,665
609,715
1,077,492
1,035,385
817,276
938,331
1,501,114
1,810,551
741,426
791,692
Gross Profit
133,769
132,499
225,238
206,651
168,083
193,435
307,046
378,330
153,092
148,335
Admin Expenses
146,634
103,855
229,209
194,688
172,215
201,141
301,620
372,788
150,684
146,298
Operating Profit
-12,865
28,644
-3,971
11,963
-4,132
-7,706
5,426
5,542
2,408
2,037
Interest Payable
Interest Receivable
9
30
12
Pre-Tax Profit
-12,865
28,644
-3,971
11,963
-4,132
-7,706
5,426
5,551
2,439
2,049
Tax
-5,442
-2,273
-1,031
-1,110
-488
-430
Profit After Tax
-12,865
23,202
-3,971
9,690
-4,132
-7,706
4,395
4,441
1,951
1,619
Dividends Paid
Retained Profit
-12,865
23,202
-3,971
9,690
-4,132
-7,706
4,395
4,441
1,951
1,619
Employee Costs
34,984
34,333
82,962
47,397
49,965
67,957
162,370
200,730
79,530
77,958
Number Of Employees
2
2
5
3
3
4
10
14
6
6
EBITDA*
-12,865
28,644
-3,971
11,963
-4,132
-7,706
5,426
5,542
13,019
13,448
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Tangible Assets
192,743
199,350
288,553
183,463
225,017
198,758
190,216
124,793
73,855
77,332
Intangible Assets
61,200
64,600
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
192,743
199,350
288,553
183,463
225,017
198,758
190,216
124,793
135,055
141,932
Stock & work in progress
50,000
40,000
Trade Debtors
57,177
71,346
129,690
159,580
67,508
102,225
98,915
101,117
22,410
26,935
Group Debtors
Misc Debtors
Cash
7,341
4,807
misc current assets
total current assets
57,177
71,346
129,690
159,580
67,508
102,225
98,915
101,117
79,751
71,742
total assets
249,920
270,696
418,243
343,043
292,525
300,983
289,131
225,910
214,806
213,674
Bank overdraft
Bank loan
Trade Creditors
221,354
220,266
372,775
286,977
289,055
288,931
276,725
217,899
210,428
211,647
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
221,354
220,266
372,775
286,977
289,055
288,931
276,725
217,899
210,428
211,647
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
11,942
20,941
39,181
45,808
2,902
7,352
provisions
805
405
total long term liabilities
11,942
20,941
39,181
45,808
2,902
7,352
805
405
total liabilities
233,296
241,207
411,956
332,785
291,957
296,283
276,725
217,899
211,233
212,052
net assets
16,624
29,489
6,287
10,258
568
4,700
12,406
8,011
3,573
1,622
total shareholders funds
16,624
29,489
6,287
10,258
568
4,700
12,406
8,011
3,573
1,622
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Operating Activities
Operating Profit
-12,865
28,644
-3,971
11,963
-4,132
-7,706
5,426
5,542
2,408
2,037
Depreciation
7,211
8,011
Amortisation
3,400
3,400
Tax
-5,442
-2,273
-1,031
-1,110
-488
-430
Stock
-50,000
10,000
40,000
Debtors
-14,169
-58,344
-29,890
92,072
-34,717
3,310
-2,202
78,707
-4,525
26,935
Creditors
1,088
-152,509
85,798
-2,078
124
12,206
58,826
7,471
-1,219
211,647
Accruals and Deferred Income
Deferred Taxes & Provisions
-805
400
405
Cash flow from operations
2,392
-70,963
111,717
-84,460
30,709
1,190
65,423
-17,609
6,237
158,135
Investing Activities
capital expenditure
6,607
89,203
-105,090
41,554
-26,259
-8,542
-65,423
10,262
-3,734
-153,343
Change in Investments
cash flow from investments
6,607
89,203
-105,090
41,554
-26,259
-8,542
-65,423
10,262
-3,734
-153,343
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-8,999
-18,240
-6,627
42,906
-4,450
7,352
share issue
-3
3
interest
9
30
12
cash flow from financing
-8,999
-18,240
-6,627
42,906
-4,450
7,352
6
30
15
cash and cash equivalents
cash
-7,341
2,534
4,807
overdraft
change in cash
-7,341
2,534
4,807
patel brothers (leicester) ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for patel brothers (leicester) ltd. Get real-time insights into patel brothers (leicester) ltd's credit score, group structure and payment trends.
Perform a competitor analysis for patel brothers (leicester) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LE5 area or any other competitors across 12 key performance metrics.
patel brothers (leicester) ltd Ownership
PATEL BROTHERS (LEICESTER) LTD group structure
Patel Brothers (Leicester) Ltd has 1 subsidiary company.
The largest shareholders in Patel Brothers (Leicester) Ltd include Vinodkumar Patel and Vinodkumar & Janakbhai Patel.
vinodkumar patel
33.33%
vinodkumar & janakbhai patel
33.33%
janakbhai patel
33.33%
patel brothers (leicester) ltd directors
Patel Brothers (Leicester) Ltd currently has 2 directors.
The longest serving directors include
Mr Vinodkumar Patel (Dec 2013) and
Janakbhai Patel (Dec 2013).
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 patel brothers (leicester) ltd.
patel brothers (leicester) 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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patel brothers (leicester) ltdCompanies House Filings - See Documents
