london food production limited
london food production limited Company Information
Company Number
09148174
Next Accounts
Feb 2025
Directors
Shareholders
digital services xxx uk holding s.c.s.p.
digital services xxx uk holding s.c.sp.
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
7-12 tavistock square, london, WC1H 9LT
Website
www.eatfirst.comlondon food production limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON FOOD PRODUCTION LIMITED at £515k based on a Turnover of £1.1m and 0.48x industry multiple (adjusted for size and gross margin).
london food production limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON FOOD PRODUCTION LIMITED at £0 based on an EBITDA of £-1.5m and a 3.45x industry multiple (adjusted for size and gross margin).
london food production limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON FOOD PRODUCTION LIMITED at £0 based on Net Assets of £-207.3k and 2.37x industry multiple (adjusted for liquidity).
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London Food Production Limited Overview
London Food Production Limited is a dissolved company that was located in london, WC1H 9LT with a Companies House number of 09148174. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2014, it's largest shareholder was digital services xxx uk holding s.c.s.p. with a 72.1% stake. The last turnover for London Food Production Limited was estimated at £1.1m.
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London Food Production Limited Health Check
Pomanda's financial health check has awarded London Food Production Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£2.7m)
£1.1m - London Food Production Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (4.4%)
51% - London Food Production Limited
4.4% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (37.2%)
28.9% - London Food Production Limited
37.2% - Industry AVG
Profitability
an operating margin of -146.3% make it less profitable than the average company (5.7%)
-146.3% - London Food Production Limited
5.7% - Industry AVG
Employees
with 33 employees, this is above the industry average (23)
33 - London Food Production Limited
23 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has a lower pay structure (£44.3k)
£34.1k - London Food Production Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £32.2k, this is less efficient (£147.9k)
£32.2k - London Food Production Limited
£147.9k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (46 days)
61 days - London Food Production Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 335 days, this is slower than average (33 days)
335 days - London Food Production Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (28 days)
15 days - London Food Production Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (20 weeks)
17 weeks - London Food Production Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 139.1%, this is a higher level of debt than the average (67.5%)
139.1% - London Food Production Limited
67.5% - Industry AVG
LONDON FOOD PRODUCTION LIMITED financials
London Food Production Limited's latest turnover from December 2018 is £1.1 million and the company has net assets of -£207.3 thousand. According to their latest financial statements, London Food Production Limited has 33 employees and maintains cash reserves of £254 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|
| Turnover | 1,062,068 | 866,339 | 399,467 | 307,660 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 755,646 | 808,371 | 460,859 | 509,052 |
| Gross Profit | 306,422 | 57,968 | -61,392 | -201,392 |
| Admin Expenses | 1,860,002 | 1,846,546 | 1,903,611 | 2,050,808 |
| Operating Profit | -1,553,580 | -1,788,578 | -1,965,003 | -2,252,200 |
| Interest Payable | 1,602 | 17,364 | 27,281 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -1,555,182 | -1,805,942 | -1,992,284 | -2,252,200 |
| Tax | 72,901 | 0 | 0 | 0 |
| Profit After Tax | -1,482,281 | -1,805,942 | -1,992,284 | -2,252,200 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -1,482,281 | -1,805,942 | -1,992,284 | -2,252,200 |
| Employee Costs | 1,126,258 | 863,085 | 637,113 | |
| Number Of Employees | 33 | 23 | 14 | 14 |
| EBITDA* | -1,531,877 | -1,734,412 | -1,913,729 | -2,252,200 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|
| Tangible Assets | 23,241 | 31,073 | 63,690 | 98,062 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 23,241 | 31,073 | 63,690 | 98,062 |
| Stock & work in progress | 32,495 | 16,354 | 16,814 | 5,459 |
| Trade Debtors | 179,706 | 90,766 | 105,866 | 74,572 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 40,858 | 197,744 | 27,476 | 0 |
| Cash | 254,046 | 390,269 | 263,713 | 288,158 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 507,105 | 695,133 | 413,869 | 368,189 |
| total assets | 530,346 | 726,206 | 477,559 | 466,251 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 695,491 | 745,041 | 584,040 | 237,922 |
| Group/Directors Accounts | 0 | 0 | 1,612,642 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 42,188 | 27,171 | 44,832 | 0 |
| total current liabilities | 737,679 | 772,212 | 2,241,514 | 237,922 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 737,679 | 772,212 | 2,241,514 | 237,922 |
| net assets | -207,333 | -46,006 | -1,763,955 | 228,329 |
| total shareholders funds | -207,333 | -46,006 | -1,763,955 | 228,329 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -1,553,580 | -1,788,578 | -1,965,003 | -2,252,200 |
| Depreciation | 21,703 | 54,166 | 51,274 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 72,901 | 0 | 0 | 0 |
| Stock | 16,141 | -460 | 11,355 | 5,459 |
| Debtors | -67,946 | 155,168 | 58,770 | 74,572 |
| Creditors | -49,550 | 161,001 | 346,118 | 237,922 |
| Accruals and Deferred Income | 15,017 | -17,661 | 44,832 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,441,704 | -1,745,780 | -1,592,904 | -2,094,309 |
| Investing Activities | ||||
| capital expenditure | -13,871 | -21,549 | -16,902 | |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | -13,871 | -21,549 | -16,902 | |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -1,612,642 | 1,612,642 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -1,602 | -17,364 | -27,281 | 0 |
| cash flow from financing | 1,319,352 | 1,893,885 | 1,585,361 | 2,480,529 |
| cash and cash equivalents | ||||
| cash | -136,223 | 126,556 | -24,445 | 288,158 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -136,223 | 126,556 | -24,445 | 288,158 |
london food production limited Credit Report and Business Information
London Food Production Limited Competitor Analysis
Perform a competitor analysis for london food production limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in WC1H area or any other competitors across 12 key performance metrics.
london food production limited Ownership
LONDON FOOD PRODUCTION LIMITED group structure
London Food Production Limited has no subsidiary companies.
Ultimate parent company
DIGITAL SERVICES XXX SARL
#0095272
DIGITAL SERVICES XXX UK HOLDING SC SP
#0095271
2 parents
LONDON FOOD PRODUCTION LIMITED
09148174
london food production limited directors
London Food Production Limited currently has 1 director, Mr Thomas Dennhardt serving since Apr 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Dennhardt | England | 56 years | Apr 2020 | - | Director |
P&L
December 2018turnover
1.1m
+23%
operating profit
-1.6m
-13%
gross margin
28.9%
+331.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-207.3k
+3.51%
total assets
530.3k
-0.27%
cash
254k
-0.35%
net assets
Total assets minus all liabilities
london food production limited company details
company number
09148174
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
eatfirst uk limited (May 2020)
accountant
-
auditor
MANTAX LYNTON LTD
address
7-12 tavistock square, london, WC1H 9LT
Bank
HSBC BANK PLC
Legal Advisor
-
london food production 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 london food production limited.
london food production 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.
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london food production limited Companies House Filings - See Documents
| date | description | view/download |
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