meng's 2 well cooked ltd

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meng's 2 well cooked ltd Company Information

Share MENG'S 2 WELL COOKED LTD

Company Number

09029475

Directors

Phooi Chan

Shareholders

phooi har chan

Group Structure

View All

Industry

Take away food shops and mobile food stands

 

Registered Address

suite 21 cameo house, bear street, london, WC2H 7AS

Website

-

meng's 2 well cooked ltd Estimated Valuation

£34.3k

Pomanda estimates the enterprise value of MENG'S 2 WELL COOKED LTD at £34.3k based on a Turnover of £59.9k and 0.57x industry multiple (adjusted for size and gross margin).

meng's 2 well cooked ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MENG'S 2 WELL COOKED LTD at £0 based on an EBITDA of £-16.5k and a 3.37x industry multiple (adjusted for size and gross margin).

meng's 2 well cooked ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MENG'S 2 WELL COOKED LTD at £0 based on Net Assets of £-25k and 2.65x industry multiple (adjusted for liquidity).

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Meng's 2 Well Cooked Ltd Overview

Meng's 2 Well Cooked Ltd is a live company located in london, WC2H 7AS with a Companies House number of 09029475. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in May 2014, it's largest shareholder is phooi har chan with a 100% stake. Meng's 2 Well Cooked Ltd is a established, micro sized company, Pomanda has estimated its turnover at £59.9k with high growth in recent years.

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Meng's 2 Well Cooked Ltd Health Check

Pomanda's financial health check has awarded Meng'S 2 Well Cooked Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £59.9k, make it smaller than the average company (£138.3k)

£59.9k - Meng's 2 Well Cooked Ltd

£138.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (7.5%)

23% - Meng's 2 Well Cooked Ltd

7.5% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a higher cost of product (52.2%)

27.1% - Meng's 2 Well Cooked Ltd

52.2% - Industry AVG

profitability

Profitability

an operating margin of -27.6% make it less profitable than the average company (2.8%)

-27.6% - Meng's 2 Well Cooked Ltd

2.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Meng's 2 Well Cooked Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £11.6k, the company has an equivalent pay structure (£11.6k)

£11.6k - Meng's 2 Well Cooked Ltd

£11.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.9k, this is less efficient (£40.6k)

£29.9k - Meng's 2 Well Cooked Ltd

£40.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is earlier than average (21 days)

12 days - Meng's 2 Well Cooked Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 226 days, this is slower than average (19 days)

226 days - Meng's 2 Well Cooked Ltd

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Meng's 2 Well Cooked Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Meng's 2 Well Cooked Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1296.7%, this is a higher level of debt than the average (77.5%)

1296.7% - Meng's 2 Well Cooked Ltd

77.5% - Industry AVG

MENG'S 2 WELL COOKED LTD financials

EXPORTms excel logo

Meng'S 2 Well Cooked Ltd's latest turnover from May 2024 is estimated at £59.9 thousand and the company has net assets of -£25 thousand. According to their latest financial statements, Meng'S 2 Well Cooked Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015
Turnover59,86454,81952,73232,43155,86845,02810,4383,0958,2272,733
Other Income Or Grants0000000000
Cost Of Sales43,64237,79334,57220,89836,90429,6946,9021,7634,9331,696
Gross Profit16,22217,02618,16011,53218,96315,3343,5361,3323,2941,037
Admin Expenses32,75925,99513,87517,5119,43020,1143,5174,345-320900
Operating Profit-16,537-8,9694,285-5,9799,533-4,78019-3,0133,614137
Interest Payable0000000000
Interest Receivable00000018161
Pre-Tax Profit-16,537-8,9694,285-5,9799,533-4,78020-3,0053,630138
Tax00-8140-1,8110-40-726-27
Profit After Tax-16,537-8,9693,471-5,9797,722-4,78016-3,0052,904110
Dividends Paid0000000000
Retained Profit-16,537-8,9693,471-5,9797,722-4,78016-3,0052,904110
Employee Costs23,10422,89322,49221,30220,76732,74610,81210,2619,6389,079
Number Of Employees2222231111
EBITDA*-16,537-8,9694,285-5,9799,533-4,78019-3,0133,614137

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015
Tangible Assets0000000000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets0000000000
Stock & work in progress0000000464580520
Trade Debtors2,0936,4177,2721,3649,7131,1691,520000
Group Debtors0000000000
Misc Debtors0000000000
Cash00000003926,131394
misc current assets0000000000
total current assets2,0936,4177,2721,3649,7131,1691,5208566,711914
total assets2,0936,4177,2721,3649,7131,1691,5208566,711914
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 27,14014,9276,8134,3766,7465,9241,4958463,696803
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities27,14014,9276,8134,3766,7465,9241,4958463,696803
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities27,14014,9276,8134,3766,7465,9241,4958463,696803
net assets-25,047-8,510459-3,0122,967-4,75525103,015111
total shareholders funds-25,047-8,510459-3,0122,967-4,75525103,015111
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015
Operating Activities
Operating Profit-16,537-8,9694,285-5,9799,533-4,78019-3,0133,614137
Depreciation0000000000
Amortisation0000000000
Tax00-8140-1,8110-40-726-27
Stock000000-464-11660520
Debtors-4,324-8555,908-8,3498,544-3511,520000
Creditors12,2138,1142,437-2,3708224,429649-2,8502,893803
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations000000-392-5,7475,721393
Investing Activities
capital expenditure0000000000
Change in Investments0000000000
cash flow from investments0000000000
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000-1001
interest00000018161
cash flow from financing00000008162
cash and cash equivalents
cash000000-392-5,7395,737394
overdraft0000000000
change in cash000000-392-5,7395,737394

meng's 2 well cooked ltd 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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Meng's 2 Well Cooked Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for meng's 2 well cooked ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.

meng's 2 well cooked ltd Ownership

MENG'S 2 WELL COOKED LTD group structure

Meng'S 2 Well Cooked Ltd has no subsidiary companies.

Ultimate parent company

MENG'S 2 WELL COOKED LTD

09029475

MENG'S 2 WELL COOKED LTD Shareholders

phooi har chan 100%

meng's 2 well cooked ltd directors

Meng'S 2 Well Cooked Ltd currently has 1 director, Mrs Phooi Chan serving since May 2014.

officercountryagestartendrole
Mrs Phooi ChanUnited Kingdom61 years May 2014- Director

P&L

May 2024

turnover

59.9k

+9%

operating profit

-16.5k

0%

gross margin

27.1%

-12.75%

turnover

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

Balance Sheet

May 2024

net assets

-25k

+1.94%

total assets

2.1k

-0.67%

cash

0

0%

net assets

Total assets minus all liabilities

meng's 2 well cooked ltd company details

company number

09029475

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

incorporation date

May 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

suite 21 cameo house, bear street, london, WC2H 7AS

Bank

-

Legal Advisor

-

meng's 2 well cooked 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 did not find charges/mortgages relating to meng's 2 well cooked ltd.

meng's 2 well cooked 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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meng's 2 well cooked ltd Companies House Filings - See Documents

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