eat me stores limited

Live (In Liquidation)EstablishedMicroHealthy

eat me stores limited Company Information

Share EAT ME STORES LIMITED

Company Number

09569504

Directors

Rachel Harris

Shareholders

rachel harris

Group Structure

View All

Industry

Other retail sale of food in specialised stores

 

Registered Address

c/o clarke bell limited, 3rd floor, the pinnacle, 73 king street, manchester, M2 4NG

eat me stores limited Estimated Valuation

£109.4k

Pomanda estimates the enterprise value of EAT ME STORES LIMITED at £109.4k based on a Turnover of £434k and 0.25x industry multiple (adjusted for size and gross margin).

eat me stores limited Estimated Valuation

£29.4k

Pomanda estimates the enterprise value of EAT ME STORES LIMITED at £29.4k based on an EBITDA of £10.3k and a 2.85x industry multiple (adjusted for size and gross margin).

eat me stores limited Estimated Valuation

£218.2k

Pomanda estimates the enterprise value of EAT ME STORES LIMITED at £218.2k based on Net Assets of £96.6k and 2.26x industry multiple (adjusted for liquidity).

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Eat Me Stores Limited Overview

Eat Me Stores Limited is a live company located in 73 king street, M2 4NG with a Companies House number of 09569504. It operates in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in April 2015, it's largest shareholder is rachel harris with a 100% stake. Eat Me Stores Limited is a established, micro sized company, Pomanda has estimated its turnover at £434k with healthy growth in recent years.

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Eat Me Stores Limited Health Check

Pomanda's financial health check has awarded Eat Me Stores Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £434k, make it in line with the average company (£452.8k)

£434k - Eat Me Stores Limited

£452.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6%)

9% - Eat Me Stores Limited

6% - Industry AVG

production

Production

with a gross margin of 22.3%, this company has a higher cost of product (37.3%)

22.3% - Eat Me Stores Limited

37.3% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it as profitable than the average company (2.9%)

2.4% - Eat Me Stores Limited

2.9% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (13)

8 - Eat Me Stores Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £16.4k, the company has an equivalent pay structure (£16.4k)

£16.4k - Eat Me Stores Limited

£16.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.3k, this is less efficient (£77.4k)

£54.3k - Eat Me Stores Limited

£77.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 103 days, this is later than average (24 days)

103 days - Eat Me Stores Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (36 days)

42 days - Eat Me Stores Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Eat Me Stores Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Eat Me Stores Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40%, this is a lower level of debt than the average (79.3%)

40% - Eat Me Stores Limited

79.3% - Industry AVG

EAT ME STORES LIMITED financials

EXPORTms excel logo

Eat Me Stores Limited's latest turnover from April 2023 is estimated at £434 thousand and the company has net assets of £96.6 thousand. According to their latest financial statements, Eat Me Stores Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover434,028534,318485,257333,731477,767215,317133,063133,047
Other Income Or Grants
Cost Of Sales337,181421,000390,816266,952379,550170,81457,92272,409
Gross Profit96,847113,31994,44166,77998,21744,50375,14160,638
Admin Expenses86,52063,65162,90563,93189,11640,50963,59058,816
Operating Profit10,32749,66831,5362,8489,1013,99411,5511,822
Interest Payable1,18511
Interest Receivable3
Pre-Tax Profit10,32749,66831,5362,8489,1013,99811,5511,822
Tax-2,582-9,437-5,992-541-1,729-760
Profit After Tax7,74540,23125,5442,3077,3723,23811,5511,822
Dividends Paid
Retained Profit7,74540,23125,5442,3077,3723,23811,5511,822
Employee Costs131,416107,25688,89545,938128,083129,84031,18629,798
Number Of Employees86537755
EBITDA*10,32749,66831,5362,8489,1013,99413,9654,373

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets28,02528,45933,99240,9704,9291,2401,654
Intangible Assets6,0008,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets28,02528,45933,99240,9704,9297,2409,654
Stock & work in progress5,3815,665
Trade Debtors123,016148,969126,25855,33483,1477,0991,1581,723
Group Debtors
Misc Debtors10,01816,9057,2951643,7804,272
Cash1,2303,258
misc current assets1,364
total current assets133,034165,874133,55355,49883,1478,46311,54914,918
total assets161,059194,333167,54596,46883,14713,39218,78924,572
Bank overdraft
Bank loan
Trade Creditors 39,40872,75569,00073,39762,3831,1702,025
Group/Directors Accounts3,40212,451
other short term finances
hp & lease commitments
other current liabilities4,0628,706
total current liabilities39,40872,75569,00073,39762,3838,63423,182
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities25,06032,73249,930
provisions
total long term liabilities25,06032,73249,930
total liabilities64,468105,487118,93073,39762,3838,63423,182
net assets96,59188,84648,61523,07120,76413,39210,1551,390
total shareholders funds96,59188,84648,61523,07120,76413,39210,1551,390
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit10,32749,66831,5362,8489,1013,99411,5511,822
Depreciation414551
Amortisation2,0002,000
Tax-2,582-9,437-5,992-541-1,729-760
Stock-5,381-2845,665
Debtors-32,84032,32178,055-27,64976,0482,161-1,0575,995
Creditors-33,3473,755-4,39711,01462,383-1,170-8552,025
Accruals and Deferred Income-4,062-4,6448,706
Deferred Taxes & Provisions
Cash flow from operations7,23811,665-56,90840,970-6,2931,2229,8073,444
Investing Activities
capital expenditure4345,5336,978-40,9704,9292,311-12,205
Change in Investments
cash flow from investments4345,5336,978-40,9704,9292,311-12,205
Financing Activities
Bank loans
Group/Directors Accounts-3,402-9,04912,451
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-7,672-17,19849,930
share issue-1-2,786-432
interest3-1,185-11
cash flow from financing-7,672-17,19849,930-3,400-13,02012,008
cash and cash equivalents
cash-1,230-2,0283,258
overdraft
change in cash-1,230-2,0283,258

eat me stores limited 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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Eat Me Stores Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for eat me stores limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.

eat me stores limited Ownership

EAT ME STORES LIMITED group structure

Eat Me Stores Limited has no subsidiary companies.

Ultimate parent company

EAT ME STORES LIMITED

09569504

EAT ME STORES LIMITED Shareholders

rachel harris 100%

eat me stores limited directors

Eat Me Stores Limited currently has 1 director, Ms Rachel Harris serving since Jul 2018.

officercountryagestartendrole
Ms Rachel Harris46 years Jul 2018- Director

P&L

April 2023

turnover

434k

-19%

operating profit

10.3k

0%

gross margin

22.4%

+5.21%

turnover

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

Balance Sheet

April 2023

net assets

96.6k

+0.09%

total assets

161.1k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

eat me stores limited company details

company number

09569504

Type

Private limited with Share Capital

industry

47290 - Other retail sale of food in specialised stores

incorporation date

April 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2023

previous names

N/A

accountant

MEREDITH ACCOUNTANCY SERVICES LIMITED

auditor

-

address

c/o clarke bell limited, 3rd floor, the pinnacle, 73 king street, manchester, M2 4NG

Bank

-

Legal Advisor

-

eat me stores 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 eat me stores limited.

eat me stores 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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eat me stores limited Companies House Filings - See Documents

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