incredible edible lambeth cic

incredible edible lambeth cic Company Information

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YoungMicro

Company Number

09453989

Industry

Other food service activities

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

the old depot cormont road, london, SE5 9RA

incredible edible lambeth cic Estimated Valuation

£88.3k

Pomanda estimates the enterprise value of INCREDIBLE EDIBLE LAMBETH CIC at £88.3k based on a Turnover of £174.4k and 0.51x industry multiple (adjusted for size and gross margin).

incredible edible lambeth cic Estimated Valuation

£2k

Pomanda estimates the enterprise value of INCREDIBLE EDIBLE LAMBETH CIC at £2k based on an EBITDA of £444 and a 4.6x industry multiple (adjusted for size and gross margin).

incredible edible lambeth cic Estimated Valuation

£18.6k

Pomanda estimates the enterprise value of INCREDIBLE EDIBLE LAMBETH CIC at £18.6k based on Net Assets of £6.6k and 2.84x industry multiple (adjusted for liquidity).

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Incredible Edible Lambeth Cic Overview

Incredible Edible Lambeth Cic is a live company located in london, SE5 9RA with a Companies House number of 09453989. It operates in the other food services sector, SIC Code 56290. Founded in February 2015, it's largest shareholder is unknown. Incredible Edible Lambeth Cic is a young, micro sized company, Pomanda has estimated its turnover at £174.4k with unknown growth in recent years.

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Incredible Edible Lambeth Cic Health Check

Pomanda's financial health check has awarded Incredible Edible Lambeth Cic a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £174.4k, make it smaller than the average company (£1.7m)

£174.4k - Incredible Edible Lambeth Cic

£1.7m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Incredible Edible Lambeth Cic

- - Industry AVG

production

Production

with a gross margin of 25.3%, this company has a comparable cost of product (25.3%)

25.3% - Incredible Edible Lambeth Cic

25.3% - Industry AVG

profitability

Profitability

an operating margin of 0.3% make it less profitable than the average company (2.9%)

0.3% - Incredible Edible Lambeth Cic

2.9% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (27)

4 - Incredible Edible Lambeth Cic

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)

£23.8k - Incredible Edible Lambeth Cic

£23.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.6k, this is less efficient (£68.7k)

£43.6k - Incredible Edible Lambeth Cic

£68.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Incredible Edible Lambeth Cic

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is slower than average (33 days)

37 days - Incredible Edible Lambeth Cic

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Incredible Edible Lambeth Cic

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (22 weeks)

56 weeks - Incredible Edible Lambeth Cic

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.4%, this is a higher level of debt than the average (65.4%)

90.4% - Incredible Edible Lambeth Cic

65.4% - Industry AVG

INCREDIBLE EDIBLE LAMBETH CIC financials

EXPORTms excel logo

Incredible Edible Lambeth Cic's latest turnover from February 2024 is estimated at £174.4 thousand and the company has net assets of £6.6 thousand. According to their latest financial statements, Incredible Edible Lambeth Cic has 4 employees and maintains cash reserves of £67.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015
Turnover174,435106,9807,608039,298141,14759,75424,58843,6310
Other Income Or Grants0000000000
Cost Of Sales130,35578,1615,617026,99792,87214,311031,6180
Gross Profit44,08128,8191,991012,30148,27545,44324,58812,0130
Admin Expenses43,63624,7399,2774,10113,60845,62036,48127,69810,363-1,705
Operating Profit4454,080-7,286-4,101-1,3072,6558,962-3,1101,6501,705
Interest Payable0000000000
Interest Receivable2,7018721172501410009
Pre-Tax Profit3,1454,952-7,169-4,076-1,3072,6558,962-3,1101,3371,714
Tax-786-941000-504-1,86700-360
Profit After Tax2,3594,011-7,169-4,076-1,3072,1517,095-3,1101,3371,354
Dividends Paid0000000000
Retained Profit2,3594,011-7,169-4,076-1,3072,1517,095-3,1101,3371,354
Employee Costs95,32886,63720,60708,44163,24544,908000
Number Of Employees4410132110
EBITDA*4454,080-7,286-4,101-1,3072,6558,962-3,1101,6501,705

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015
Tangible Assets0000000000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets0000000000
Stock & work in progress0000000000
Trade Debtors00008,2969,5288,5951,67200
Group Debtors0000000000
Misc Debtors1,20018200000000
Cash67,43735,4428,14938,68811,25433,3934,2991,8234,9323,595
misc current assets0000000000
total current assets68,63735,6248,14938,68819,55042,92112,8943,4954,9323,595
total assets68,63735,6248,14938,68819,55042,92112,8943,4954,9323,595
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 13,4064061,050002,686437000
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities48,67231,0186,91031,3308,11601,867000
total current liabilities62,07831,4247,96031,3308,11630,1802,304000
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities62,07831,4247,96031,3308,11630,1802,304000
net assets6,5594,2001897,35811,43412,74110,5903,4954,9323,595
total shareholders funds6,5594,2001897,35811,43412,74110,5903,4954,93219,172
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015
Operating Activities
Operating Profit4454,080-7,286-4,101-1,3072,6558,962-3,1101,6501,705
Depreciation0000000000
Amortisation0000000000
Tax-786-941000-504-1,86700-360
Stock0000000000
Debtors1,0181820-8,296-1,2329336,9231,67200
Creditors13,000-6441,0500-2,6862,249437000
Accruals and Deferred Income17,65424,108-24,42023,2148,116-1,8671,867000
Deferred Taxes & Provisions0000000000
Cash flow from operations29,29526,421-30,65627,4095,3551,6002,476-4,7821,6501,345
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 issue00000001,673-15,57717,818
interest2,7018721172501410009
cash flow from financing2,70187211725014101,673-15,57717,827
cash and cash equivalents
cash31,99527,293-30,53927,434-22,13929,0942,476-3,1091,3373,595
overdraft0000000000
change in cash31,99527,293-30,53927,434-22,13929,0942,476-3,1091,3373,595

incredible edible lambeth cic 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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Incredible Edible Lambeth Cic Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for incredible edible lambeth cic by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SE5 area or any other competitors across 12 key performance metrics.

incredible edible lambeth cic Ownership

INCREDIBLE EDIBLE LAMBETH CIC group structure

Incredible Edible Lambeth Cic has no subsidiary companies.

Ultimate parent company

INCREDIBLE EDIBLE LAMBETH CIC

09453989

INCREDIBLE EDIBLE LAMBETH CIC Shareholders

--

incredible edible lambeth cic directors

Incredible Edible Lambeth Cic currently has 7 directors. The longest serving directors include Ms Marjorie Landels (Feb 2015) and Mrs Penelope Rigg (Oct 2017).

officercountryagestartendrole
Ms Marjorie LandelsBritain66 years Feb 2015- Director
Mrs Penelope RiggEngland63 years Oct 2017- Director
Ms Victoria SherwinEngland63 years Jun 2019- Director
Ms Geraldine EvansEngland59 years Feb 2022- Director
Ms Padmaparna GhoshEngland44 years May 2022- Director
Ms Helene OkEngland40 years Jul 2024- Director
Ms Kestrel LambertEngland23 years Aug 2024- Director

P&L

February 2024

turnover

174.4k

+63%

operating profit

444.8

0%

gross margin

25.3%

-6.19%

turnover

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

Balance Sheet

February 2024

net assets

6.6k

+0.56%

total assets

68.6k

+0.93%

cash

67.4k

+0.9%

net assets

Total assets minus all liabilities

incredible edible lambeth cic company details

company number

09453989

Type

Private Ltd By Guarantee w/o Share Cap

industry

56290 - Other food service activities

incorporation date

February 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

the old depot cormont road, london, SE5 9RA

Bank

CO-OPERATIVE BANK PLC

Legal Advisor

-

incredible edible lambeth cic 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 incredible edible lambeth cic.

incredible edible lambeth cic 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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incredible edible lambeth cic Companies House Filings - See Documents

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