torre cider co ltd
torre cider co ltd Company Information
Company Number
09692785
Next Accounts
Sep 2025
Shareholders
gemma may combe
neil james freeman
Group Structure
View All
Industry
Manufacture of cider and other fruit wines
Registered Address
torre cider farm torre, washford, watchet, TA23 0LA
Website
www.torrecider.co.uktorre cider co ltd Estimated Valuation
Pomanda estimates the enterprise value of TORRE CIDER CO LTD at £1.2m based on a Turnover of £2.5m and 0.5x industry multiple (adjusted for size and gross margin).
torre cider co ltd Estimated Valuation
Pomanda estimates the enterprise value of TORRE CIDER CO LTD at £0 based on an EBITDA of £-8.6k and a 3.24x industry multiple (adjusted for size and gross margin).
torre cider co ltd Estimated Valuation
Pomanda estimates the enterprise value of TORRE CIDER CO LTD at £0 based on Net Assets of £-58.1k and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Torre Cider Co Ltd Overview
Torre Cider Co Ltd is a live company located in watchet, TA23 0LA with a Companies House number of 09692785. It operates in the manufacture of cider and other fruit wines sector, SIC Code 11030. Founded in July 2015, it's largest shareholder is gemma may combe with a 50% stake. Torre Cider Co Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Torre Cider Co Ltd Health Check
Pomanda's financial health check has awarded Torre Cider Co Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£18.9m)
- Torre Cider Co Ltd
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (-0.6%)
- Torre Cider Co Ltd
-0.6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Torre Cider Co Ltd
26.2% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (0%)
- Torre Cider Co Ltd
0% - Industry AVG
Employees
with 15 employees, this is below the industry average (58)
15 - Torre Cider Co Ltd
58 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- Torre Cider Co Ltd
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £165.3k, this is less efficient (£394.5k)
- Torre Cider Co Ltd
£394.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Torre Cider Co Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (28 days)
- Torre Cider Co Ltd
28 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (36 days)
- Torre Cider Co Ltd
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Torre Cider Co Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.3%, this is a higher level of debt than the average (44.3%)
118.3% - Torre Cider Co Ltd
44.3% - Industry AVG
TORRE CIDER CO LTD financials
Torre Cider Co Ltd's latest turnover from December 2023 is estimated at £2.5 million and the company has net assets of -£58.1 thousand. According to their latest financial statements, Torre Cider Co Ltd has 15 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jul 2017 | Jul 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 | 15 | 12 | 12 | 12 | 11 | 11 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 270,871 | 221,600 | 226,509 | 345,802 | 375,028 | 341,372 | 327,554 | 383,964 |
| Intangible Assets | 39,024 | 58,537 | 78,051 | 175,621 | ||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 309,895 | 280,137 | 304,560 | 345,802 | 375,028 | 341,372 | 327,554 | 559,585 |
| Stock & work in progress | 5,000 | 4,500 | 4,960 | 7,000 | ||||
| Trade Debtors | 1,780 | 2,731 | 41,009 | 77,260 | 87,639 | 51,795 | 1,573 | |
| Group Debtors | ||||||||
| Misc Debtors | 2,508 | 6,756 | 2,892 | 2,815 | ||||
| Cash | 2,475 | 1,787 | 5,971 | |||||
| misc current assets | 2,670 | |||||||
| total current assets | 7,475 | 10,575 | 14,447 | 43,901 | 80,075 | 90,309 | 51,795 | 14,544 |
| total assets | 317,370 | 290,712 | 319,007 | 389,703 | 455,103 | 431,681 | 379,349 | 574,129 |
| Bank overdraft | 705 | 7,261 | ||||||
| Bank loan | ||||||||
| Trade Creditors | 1,178 | 1 | 300,190 | 353,739 | 372,919 | 89,569 | 147,264 | |
| Group/Directors Accounts | 355,714 | 292,610 | 266,523 | |||||
| other short term finances | 10,000 | |||||||
| hp & lease commitments | ||||||||
| other current liabilities | 8,617 | 1,200 | 8,668 | |||||
| total current liabilities | 375,509 | 294,515 | 282,453 | 300,190 | 353,739 | 372,919 | 89,569 | 147,264 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 278,690 | 523,055 | ||||||
| provisions | ||||||||
| total long term liabilities | 278,690 | 523,055 | ||||||
| total liabilities | 375,509 | 294,515 | 282,453 | 300,190 | 353,739 | 372,919 | 368,259 | 670,319 |
| net assets | -58,139 | -3,803 | 36,554 | 89,513 | 101,364 | 58,762 | 11,090 | -96,190 |
| total shareholders funds | -58,139 | -3,803 | 36,554 | 89,513 | 101,364 | 58,762 | 11,090 | -96,190 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 25,735 | 36,765 | ||||||
| Amortisation | 19,513 | 19,514 | ||||||
| Tax | ||||||||
| Stock | 500 | -460 | 4,960 | -7,000 | 7,000 | |||
| Debtors | -4,288 | -5,199 | -34,414 | -36,174 | -7,564 | 35,844 | 50,222 | 1,573 |
| Creditors | 1,178 | -1 | -300,189 | -53,549 | -19,180 | 283,350 | -57,695 | 147,264 |
| Accruals and Deferred Income | 7,417 | -7,468 | 8,668 | |||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 63,104 | 26,087 | 266,523 | |||||
| Other Short Term Loans | 10,000 | |||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -278,690 | -244,365 | 523,055 | |||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 688 | 1,787 | -5,971 | 5,971 | ||||
| overdraft | -705 | -6,556 | 7,261 | |||||
| change in cash | 1,393 | 8,343 | -7,261 | -5,971 | 5,971 |
torre cider co ltd Credit Report and Business Information
Torre Cider Co Ltd Competitor Analysis
Perform a competitor analysis for torre cider co ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TA23 area or any other competitors across 12 key performance metrics.
torre cider co ltd Ownership
TORRE CIDER CO LTD group structure
Torre Cider Co Ltd has no subsidiary companies.
Ultimate parent company
TORRE CIDER CO LTD
09692785
torre cider co ltd directors
Torre Cider Co Ltd currently has 2 directors. The longest serving directors include Mr Neil Freeman (Jan 2016) and Miss Gemma Combe (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Freeman | England Uk | 47 years | Jan 2016 | - | Director |
| Miss Gemma Combe | England Uk | 43 years | Jan 2016 | - | Director |
P&L
December 2023turnover
2.5m
+59%
operating profit
-53.8k
0%
gross margin
26.2%
-7.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-58.1k
+14.29%
total assets
317.4k
+0.09%
cash
2.5k
+0.39%
net assets
Total assets minus all liabilities
torre cider co ltd company details
company number
09692785
Type
Private limited with Share Capital
industry
11030 - Manufacture of cider and other fruit wines
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
torre cider farm limited (March 2016)
wardcloud limited (January 2016)
accountant
COOPER ASSOCIATES ACCOUNTANTS LTD
auditor
-
address
torre cider farm torre, washford, watchet, TA23 0LA
Bank
-
Legal Advisor
-
torre cider co ltd 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 torre cider co ltd.
torre cider co ltd 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.
Click to start generating capital raising & share issue transactions for TORRE CIDER CO LTD. This can take several minutes, an email will notify you when this has completed.
torre cider co ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
