el rincon quiteno limited
el rincon quiteno limited Company Information
Company Number
09517065
Website
-Registered Address
235 holloway road, london, london, N7 8HG
Industry
Licensed restaurants
Telephone
02077003670
Next Accounts Due
December 2024
Group Structure
View All
Directors
Luis Torres-Yunda2 Years
Shareholders
luis torres-yunda 100%
el rincon quiteno limited Estimated Valuation
Pomanda estimates the enterprise value of EL RINCON QUITENO LIMITED at £184.5k based on a Turnover of £363.6k and 0.51x industry multiple (adjusted for size and gross margin).
el rincon quiteno limited Estimated Valuation
Pomanda estimates the enterprise value of EL RINCON QUITENO LIMITED at £12.8k based on an EBITDA of £3.3k and a 3.86x industry multiple (adjusted for size and gross margin).
el rincon quiteno limited Estimated Valuation
Pomanda estimates the enterprise value of EL RINCON QUITENO LIMITED at £33k based on Net Assets of £10.8k and 3.04x industry multiple (adjusted for liquidity).
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El Rincon Quiteno Limited Overview
El Rincon Quiteno Limited is a live company located in london, N7 8HG with a Companies House number of 09517065. It operates in the licenced restaurants sector, SIC Code 56101. Founded in March 2015, it's largest shareholder is luis torres-yunda with a 100% stake. El Rincon Quiteno Limited is a young, micro sized company, Pomanda has estimated its turnover at £363.6k with declining growth in recent years.
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El Rincon Quiteno Limited Health Check
Pomanda's financial health check has awarded El Rincon Quiteno Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £363.6k, make it smaller than the average company (£1.6m)
- El Rincon Quiteno Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (3.4%)
- El Rincon Quiteno Limited
3.4% - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (57.1%)
- El Rincon Quiteno Limited
57.1% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (3.9%)
- El Rincon Quiteno Limited
3.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (36)
5 - El Rincon Quiteno Limited
36 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)
- El Rincon Quiteno Limited
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £72.7k, this is more efficient (£50.4k)
- El Rincon Quiteno Limited
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (6 days)
- El Rincon Quiteno Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (46 days)
- El Rincon Quiteno Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- El Rincon Quiteno Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - El Rincon Quiteno Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87%, this is a similar level of debt than the average (86%)
87% - El Rincon Quiteno Limited
86% - Industry AVG
EL RINCON QUITENO LIMITED financials
El Rincon Quiteno Limited's latest turnover from March 2023 is estimated at £363.6 thousand and the company has net assets of £10.8 thousand. According to their latest financial statements, El Rincon Quiteno Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 5 | 5 | 6 | 6 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,594 | 28,467 | 28,467 | 28,467 | 23,166 | 23,166 | 17,731 | 2,500 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,594 | 28,467 | 28,467 | 28,467 | 23,166 | 23,166 | 17,731 | 2,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,495 | 64,728 | 67,485 | 68,264 | 27,800 | 29,500 | 27,718 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,026 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 52,495 | 64,728 | 67,485 | 68,264 | 27,800 | 29,500 | 27,718 | 1,026 |
| total assets | 83,089 | 93,195 | 95,952 | 96,731 | 50,966 | 52,666 | 45,449 | 3,526 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,868 | 1,237 | 3,648 | 945 | 1,240 | 1,010 | 1,110 | 319 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,868 | 1,237 | 3,648 | 945 | 1,240 | 1,010 | 1,110 | 319 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 69,377 | 83,798 | 85,484 | 90,609 | 45,370 | 48,215 | 41,445 | 1,070 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 69,377 | 83,798 | 85,484 | 90,609 | 45,370 | 48,215 | 41,445 | 1,070 |
| total liabilities | 72,245 | 85,035 | 89,132 | 91,554 | 46,610 | 49,225 | 42,555 | 1,389 |
| net assets | 10,844 | 8,160 | 6,820 | 5,177 | 4,356 | 3,441 | 2,894 | 2,137 |
| total shareholders funds | 10,844 | 8,160 | 6,820 | 5,177 | 4,356 | 3,441 | 2,894 | 2,137 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -12,233 | -2,757 | -779 | 40,464 | -1,700 | 1,782 | 27,718 | 0 |
| Creditors | 1,631 | -2,411 | 2,703 | -295 | 230 | -100 | 791 | 319 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -14,421 | -1,686 | -5,125 | 45,239 | -2,845 | 6,770 | 40,375 | 1,070 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,026 | 1,026 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,026 | 1,026 |
el rincon quiteno limited Credit Report and Business Information
El Rincon Quiteno Limited Competitor Analysis
Perform a competitor analysis for el rincon quiteno limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in N 7 area or any other competitors across 12 key performance metrics.
el rincon quiteno limited Ownership
EL RINCON QUITENO LIMITED group structure
El Rincon Quiteno Limited has no subsidiary companies.
Ultimate parent company
EL RINCON QUITENO LIMITED
09517065
el rincon quiteno limited directors
El Rincon Quiteno Limited currently has 1 director, Mr Luis Torres-Yunda serving since Jun 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luis Torres-Yunda | England | 73 years | Jun 2022 | - | Director |
P&L
March 2023turnover
363.6k
+38%
operating profit
3.3k
0%
gross margin
34.6%
+5.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
10.8k
+0.33%
total assets
83.1k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
el rincon quiteno limited company details
company number
09517065
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
rincon limited (November 2018)
accountant
-
auditor
-
address
235 holloway road, london, london, N7 8HG
Bank
-
Legal Advisor
-
el rincon quiteno 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 el rincon quiteno limited.
el rincon quiteno limited Companies House Filings - See Documents
| date | description | view/download |
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