Cheers Cash & Carry Limited

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cheers cash & carry limited Company Information

Live

EstablishedSmallHealthy

Company Number

08965528

Next Accounts

Dec 2025

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

Directors

Tushal Patel

Shareholders

jayant patel

valbai patel

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Group Structure

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Contact

Registered Address

911-915 old kent road, london, SE15 1NL

Website

cheers cash & carry limited Estimated Valuation

£298.3k

Pomanda estimates the enterprise value of CHEERS CASH & CARRY LIMITED at £298.3k based on a Turnover of £1.1m and 0.28x industry multiple (adjusted for size and gross margin).

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Cheers Cash & Carry Limited is a live company located in london, SE15 1NL with a Companies House number of 08965528. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in March 2014, it's largest shareholder is jayant patel with a 33.3% stake. Cheers Cash & Carry Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.

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Pomanda's financial health check has awarded Cheers Cash & Carry Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £1.1m, make it smaller than the average company (£2.7m)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.5%)

EXPORT

Cheers Cash & Carry Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of -£12.4 thousand. According to their latest financial statements, Cheers Cash & Carry Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Turnover	1,051,880	1,051,884	955,838	879,075	994,243	1,042,279	1,335,767	1,600,330	1,317,419	1,193,555
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	882,724	882,036	795,669	747,502	828,197	875,072	1,116,723	1,329,385	1,104,610	1,004,804
Gross Profit	169,156	169,848	160,170	131,573	166,047	167,207	219,044	270,945	212,809	188,751
Admin Expenses	186,462	184,969	152,666	116,187	167,507	166,235	222,448	264,367	213,906	187,447
Operating Profit	-17,306	-15,121	7,504	15,386	-1,460	972	-3,404	6,578	-1,097	1,304
Interest Payable	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	66	234	102
Pre-Tax Profit	-17,306	-15,121	7,504	15,386	-1,460	972	-3,404	6,644	-863	1,406
Tax	0	0	-1,426	-2,923	0	-185	0	-1,329	0	-295
Profit After Tax	-17,306	-15,121	6,078	12,463	-1,460	787	-3,404	5,315	-863	1,111
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Retained Profit	-17,306	-15,121	6,078	12,463	-1,460	787	-3,404	5,315	-863	1,111
Employee Costs	51,458	48,972	48,254	44,979	46,626	48,137	46,003	42,908	118,814	103,307
Number Of Employees	3	3	3	3	3	3	3	3	9	8
EBITDA*	-17,306	-15,121	7,504	15,386	-1,460	972	-3,404	6,578	19,102	19,725

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Tangible Assets	192,589	192,815	222,087	167,420	176,478	190,304	203,674	218,533	155,596	150,260
Intangible Assets	0	0	0	0	0	0	0	0	80,000	90,000
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	192,589	192,815	222,087	167,420	176,478	190,304	203,674	218,533	235,596	240,260
Stock & work in progress	0	0	0	0	0	0	0	0	53,450	50,256
Trade Debtors	78,720	86,760	79,655	85,616	82,210	78,600	112,566	101,946	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	0	0	0	0	0	0	0	0	52,584	40,826
misc current assets	0	0	0	0	0	0	0	0	0	0
total current assets	78,720	86,760	79,655	85,616	82,210	78,600	112,566	101,946	106,034	91,082
total assets	271,309	279,575	301,742	253,036	258,688	268,904	316,240	320,479	341,630	331,342
Bank overdraft	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0
Trade Creditors	283,709	274,669	281,715	239,087	257,202	265,958	314,081	314,916	341,379	330,228
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	0	0	0	0	0	0	0	0	0	0
total current liabilities	283,709	274,669	281,715	239,087	257,202	265,958	314,081	314,916	341,379	330,228
loans	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0
total liabilities	283,709	274,669	281,715	239,087	257,202	265,958	314,081	314,916	341,379	330,228
net assets	-12,400	4,906	20,027	13,949	1,486	2,946	2,159	5,563	251	1,114
total shareholders funds	-12,400	4,906	20,027	13,949	1,486	2,946	2,159	5,563	251	1,114

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Operating Activities
Operating Profit	-17,306	-15,121	7,504	15,386	-1,460	972	-3,404	6,578	-1,097	1,304
Depreciation	0	0	0	0	0	0	0	0	10,199	8,421
Amortisation	0	0	0	0	0	0	0	0	10,000	10,000
Tax	0	0	-1,426	-2,923	0	-185	0	-1,329	0	-295
Stock	0	0	0	0	0	0	0	-53,450	3,194	50,256
Debtors	-8,040	7,105	-5,961	3,406	3,610	-33,966	10,620	101,946	0	0
Creditors	9,040	-7,046	42,628	-18,115	-8,756	-48,123	-835	-26,463	11,151	330,228
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-226	-29,272	54,667	-9,058	-13,826	-13,370	-14,859	-69,710	27,059	299,402
Investing Activities
capital expenditure	226	29,272	-54,667	9,058	13,826	13,370	14,859	17,063	-15,535	-258,681
Change in Investments	0	0	0	0	0	0	0	0	0	0
cash flow from investments	226	29,272	-54,667	9,058	13,826	13,370	14,859	17,063	-15,535	-258,681
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	0	0	0	0	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	0	0	0	0	0	0	0	-3	0	3
interest	0	0	0	0	0	0	0	66	234	102
cash flow from financing	0	0	0	0	0	0	0	63	234	105
cash and cash equivalents
cash	0	0	0	0	0	0	0	-52,584	11,758	40,826
overdraft	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-52,584	11,758	40,826

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for cheers cash & carry limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SE15 area or any other competitors across 12 key performance metrics.

CHEERS CASH & CARRY LIMITED group structure

Cheers Cash & Carry Limited has no subsidiary companies.

Ultimate parent company

CHEERS CASH & CARRY LIMITED

08965528

CHEERS CASH & CARRY LIMITED Shareholders

jayant patel	33.33%
valbai patel	33.33%
tushal patel	33.33%

Cheers Cash & Carry Limited currently has 1 director, Mr Tushal Patel serving since Mar 2014.

officer	country	age	start	end	role
Mr Tushal Patel	England	34 years	Mar 2014	-	Director

P&L

March 2024

turnover

1.1m

operating profit

-17.3k

gross margin

16.1%

-0.41%

turnover

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

Balance Sheet

March 2024

net assets

-12.4k

-3.53%

total assets

271.3k

-0.03%

cash

net assets

Total assets minus all liabilities

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company number

08965528

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

March 2014

ultimate parent company

None

previous names

N/A

address

911-915 old kent road, london, SE15 1NL

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.

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cheers cash & carry limited Company Information

cheers cash & carry limited Estimated Valuation

cheers cash & carry limited Estimated Valuation

cheers cash & carry limited Estimated Valuation

Cheers Cash & Carry Limited Overview

Cheers Cash & Carry Limited Health Check

CHEERS CASH & CARRY LIMITED financials

cheers cash & carry limited Credit Report and Business Information

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cheers cash & carry limited Ownership

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