the greek secret limited

the greek secret limited Company Information

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Company Number

09572979

Industry

Wholesale of dairy products, eggs and edible oils and fats

 

Shareholders

anastasia raisi

Group Structure

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Contact

Registered Address

building 53a, bay 8, third avenue, kingswinford, west midlands, DY6 7XG

Website

-

the greek secret limited Estimated Valuation

£78.2k

Pomanda estimates the enterprise value of THE GREEK SECRET LIMITED at £78.2k based on a Turnover of £267.7k and 0.29x industry multiple (adjusted for size and gross margin).

the greek secret limited Estimated Valuation

£58.4k

Pomanda estimates the enterprise value of THE GREEK SECRET LIMITED at £58.4k based on an EBITDA of £15.6k and a 3.74x industry multiple (adjusted for size and gross margin).

the greek secret limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE GREEK SECRET LIMITED at £0 based on Net Assets of £-44.2k and 2.08x industry multiple (adjusted for liquidity).

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The Greek Secret Limited Overview

The Greek Secret Limited is a live company located in kingswinford, DY6 7XG with a Companies House number of 09572979. It operates in the wholesale of dairy products, eggs and edible oils and fats sector, SIC Code 46330. Founded in May 2015, it's largest shareholder is anastasia raisi with a 100% stake. The Greek Secret Limited is a young, micro sized company, Pomanda has estimated its turnover at £267.7k with healthy growth in recent years.

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The Greek Secret Limited Health Check

Pomanda's financial health check has awarded The Greek Secret Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £267.7k, make it smaller than the average company (£40.9m)

£267.7k - The Greek Secret Limited

£40.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a slower rate (18.1%)

10% - The Greek Secret Limited

18.1% - Industry AVG

production

Production

with a gross margin of 12.2%, this company has a comparable cost of product (12.2%)

12.2% - The Greek Secret Limited

12.2% - Industry AVG

profitability

Profitability

an operating margin of 4.7% make it more profitable than the average company (3%)

4.7% - The Greek Secret Limited

3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (54)

1 - The Greek Secret Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - The Greek Secret Limited

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £267.7k, this is less efficient (£997.4k)

£267.7k - The Greek Secret Limited

£997.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is earlier than average (41 days)

17 days - The Greek Secret Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (33 days)

10 days - The Greek Secret Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is in line with average (18 days)

15 days - The Greek Secret Limited

18 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (9 weeks)

2 weeks - The Greek Secret Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 201.1%, this is a higher level of debt than the average (62.4%)

201.1% - The Greek Secret Limited

62.4% - Industry AVG

THE GREEK SECRET LIMITED financials

EXPORTms excel logo

The Greek Secret Limited's latest turnover from May 2024 is estimated at £267.7 thousand and the company has net assets of -£44.2 thousand. According to their latest financial statements, The Greek Secret Limited has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016
Turnover267,729419,182374,133203,37994,003147,888256,893237,23954,446
Other Income Or Grants000000000
Cost Of Sales235,011367,098325,530176,61880,758123,477211,070192,87344,486
Gross Profit32,71852,08348,60226,76013,24524,41145,82344,3669,960
Admin Expenses20,20162,12364,16910,37515,46934,60546,77657,77725,195
Operating Profit12,517-10,040-15,56716,385-2,224-10,194-953-13,411-15,235
Interest Payable000000000
Interest Receivable19932910396221354
Pre-Tax Profit12,716-9,711-15,46416,394-2,218-10,172-940-13,406-15,231
Tax-3,17900-3,11500000
Profit After Tax9,537-9,711-15,46413,279-2,218-10,172-940-13,406-15,231
Dividends Paid000000000
Retained Profit9,537-9,711-15,46413,279-2,218-10,172-940-13,406-15,231
Employee Costs40,72076,44171,17435,03635,27434,94031,91728,05828,111
Number Of Employees122111111
EBITDA*15,639-7,150-6,52818,786-363-7,935877-12,984-14,974

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016
Tangible Assets2,1754,5987,2012,5911,5423,1264,096594522
Intangible Assets000000000
Investments & Other9,8619,8219,821000000
Debtors (Due After 1 year)1,8465,1095,109000000
Total Fixed Assets13,88219,52822,1312,5911,5423,1264,096594522
Stock & work in progress10,1976,8908,6108,2009451,0754,8003,0003,000
Trade Debtors13,1950009905,728000
Group Debtors000000000
Misc Debtors2,4297,27411,37603680000
Cash4,0273,53811,0809,5108,9463,3092,5282,5091,627
misc current assets0001,5331,328543964473221
total current assets29,84817,70231,06619,24312,57710,6558,2925,9824,848
total assets43,73037,23053,19721,83414,11913,78112,3886,5765,370
Bank overdraft000000000
Bank loan000000000
Trade Creditors 7,0351,7166,9925,3764760000
Group/Directors Accounts80,29187,27786,561000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities6302,0003,69645,04655,51053,43041,86535,11320,501
total current liabilities87,95690,99397,24950,42255,98653,43041,86535,11320,501
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities87,95690,99397,24950,42255,98653,43041,86535,11320,501
net assets-44,226-53,763-44,052-28,588-41,867-39,649-29,477-28,537-15,131
total shareholders funds-44,226-53,763-44,052-28,588-41,867-39,649-29,477-28,537-15,131
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016
Operating Activities
Operating Profit12,517-10,040-15,56716,385-2,224-10,194-953-13,411-15,235
Depreciation3,1222,8909,0392,4011,8612,2591,830427261
Amortisation000000000
Tax-3,17900-3,11500000
Stock3,307-1,7204107,255-130-3,7251,80003,000
Debtors5,087-4,10216,485-1,358-4,3705,728000
Creditors5,319-5,2761,6164,9004760000
Accruals and Deferred Income-1,370-1,696-41,350-10,4642,08011,5656,75214,61220,501
Deferred Taxes & Provisions000000000
Cash flow from operations8,015-8,300-63,1574,2106,6931,6275,8291,6282,527
Investing Activities
capital expenditure-699-287-13,649-3,450-277-1,289-5,332-499-783
Change in Investments4009,821000000
cash flow from investments-739-287-23,470-3,450-277-1,289-5,332-499-783
Financing Activities
Bank loans000000000
Group/Directors Accounts-6,98671686,561000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue00000000100
interest19932910396221354
cash flow from financing-6,7871,04586,6649622135104
cash and cash equivalents
cash489-7,5421,5705645,637781198821,627
overdraft000000000
change in cash489-7,5421,5705645,637781198821,627

the greek secret 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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The Greek Secret Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the greek secret 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 DY6 area or any other competitors across 12 key performance metrics.

the greek secret limited Ownership

THE GREEK SECRET LIMITED group structure

The Greek Secret Limited has no subsidiary companies.

Ultimate parent company

THE GREEK SECRET LIMITED

09572979

THE GREEK SECRET LIMITED Shareholders

anastasia raisi 100%

the greek secret limited directors

The Greek Secret Limited currently has 1 director, Mrs Anastasia Raisi serving since May 2015.

officercountryagestartendrole
Mrs Anastasia RaisiEngland32 years May 2015- Director

P&L

May 2024

turnover

267.7k

-36%

operating profit

12.5k

0%

gross margin

12.3%

-1.64%

turnover

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

Balance Sheet

May 2024

net assets

-44.2k

-0.18%

total assets

43.7k

+0.17%

cash

4k

+0.14%

net assets

Total assets minus all liabilities

the greek secret limited company details

company number

09572979

Type

Private limited with Share Capital

industry

46330 - Wholesale of dairy products, eggs and edible oils and fats

incorporation date

May 2015

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

building 53a, bay 8, third avenue, kingswinford, west midlands, DY6 7XG

Bank

-

Legal Advisor

-

the greek secret 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 the greek secret limited.

the greek secret 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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the greek secret limited Companies House Filings - See Documents

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