better tasting drinks co. limited
better tasting drinks co. limited Company Information
Company Number
09697717
Next Accounts
Sep 2025
Shareholders
william bruce kendall
mark richard palmer
View AllGroup Structure
View All
Industry
Wholesale of fruit and vegetable juices, mineral waters and soft drinks
Registered Address
timsons business centre, bath road, kettering, northants, NN16 8NQ
Website
http://labrewery.co.ukbetter tasting drinks co. limited Estimated Valuation
Pomanda estimates the enterprise value of BETTER TASTING DRINKS CO. LIMITED at £1.2m based on a Turnover of £3.5m and 0.34x industry multiple (adjusted for size and gross margin).
better tasting drinks co. limited Estimated Valuation
Pomanda estimates the enterprise value of BETTER TASTING DRINKS CO. LIMITED at £0 based on an EBITDA of £-935.4k and a 4.68x industry multiple (adjusted for size and gross margin).
better tasting drinks co. limited Estimated Valuation
Pomanda estimates the enterprise value of BETTER TASTING DRINKS CO. LIMITED at £2.5m based on Net Assets of £981.4k and 2.51x industry multiple (adjusted for liquidity).
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Better Tasting Drinks Co. Limited Overview
Better Tasting Drinks Co. Limited is a live company located in kettering, NN16 8NQ with a Companies House number of 09697717. It operates in the wholesale of fruit and vegetable juices, mineral water and soft drinks sector, SIC Code 46341. Founded in July 2015, it's largest shareholder is william bruce kendall with a 9.7% stake. Better Tasting Drinks Co. Limited is a established, small sized company, Pomanda has estimated its turnover at £3.5m with high growth in recent years.
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Better Tasting Drinks Co. Limited Health Check
Pomanda's financial health check has awarded Better Tasting Drinks Co. Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.5m, make it smaller than the average company (£21.3m)
- Better Tasting Drinks Co. Limited
£21.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (14.6%)
- Better Tasting Drinks Co. Limited
14.6% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Better Tasting Drinks Co. Limited
24.9% - Industry AVG
Profitability
an operating margin of -29.8% make it less profitable than the average company (3.3%)
- Better Tasting Drinks Co. Limited
3.3% - Industry AVG
Employees
with 17 employees, this is below the industry average (30)
17 - Better Tasting Drinks Co. Limited
30 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)
- Better Tasting Drinks Co. Limited
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £206k, this is less efficient (£665.8k)
- Better Tasting Drinks Co. Limited
£665.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (51 days)
- Better Tasting Drinks Co. Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is close to average (24 days)
- Better Tasting Drinks Co. Limited
24 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (42 days)
- Better Tasting Drinks Co. Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 126 weeks, this is more cash available to meet short term requirements (13 weeks)
126 weeks - Better Tasting Drinks Co. Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (59.3%)
23.8% - Better Tasting Drinks Co. Limited
59.3% - Industry AVG
BETTER TASTING DRINKS CO. LIMITED financials
Better Tasting Drinks Co. Limited's latest turnover from December 2023 is estimated at £3.5 million and the company has net assets of £981.4 thousand. According to their latest financial statements, Better Tasting Drinks Co. Limited has 17 employees and maintains cash reserves of £638.4 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 | Dec 2017 | Dec 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 | 17 | 12 | 14 | 13 | 18 | 15 | 6 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 306,916 | 296,253 | 350,899 | 224,632 | 131,474 | 97,657 | 69,496 | |
| Intangible Assets | 411 | 688 | 965 | 1,242 | ||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 307,327 | 296,941 | 351,864 | 225,874 | 131,474 | 97,657 | 69,496 | |
| Stock & work in progress | 104,401 | 124,652 | 115,524 | 63,884 | ||||
| Trade Debtors | 158,951 | 76,411 | 112,164 | 39,610 | 1,054,703 | 353,048 | 249,219 | 12,446 |
| Group Debtors | ||||||||
| Misc Debtors | 78,477 | 74,885 | 34,932 | 51,245 | 12,609 | |||
| Cash | 638,372 | 539,461 | 1,489,357 | 452,707 | ||||
| misc current assets | ||||||||
| total current assets | 980,201 | 815,409 | 1,751,977 | 607,446 | 1,067,312 | 353,048 | 249,219 | 12,446 |
| total assets | 1,287,528 | 1,112,350 | 2,103,841 | 833,320 | 1,198,786 | 450,705 | 318,715 | 12,446 |
| Bank overdraft | 33,000 | 33,000 | 33,000 | 22,000 | ||||
| Bank loan | ||||||||
| Trade Creditors | 169,810 | 143,748 | 140,648 | 59,573 | 49,052 | 132,791 | 73,626 | 3,550 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 59,322 | 46,885 | 67,727 | 52,890 | ||||
| total current liabilities | 262,132 | 223,633 | 241,375 | 134,463 | 49,052 | 132,791 | 73,626 | 3,550 |
| loans | 44,000 | 77,000 | 110,000 | 143,000 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 69,212 | |||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 44,000 | 77,000 | 110,000 | 143,000 | 69,212 | |||
| total liabilities | 306,132 | 300,633 | 351,375 | 277,463 | 118,264 | 132,791 | 73,626 | 3,550 |
| net assets | 981,396 | 811,717 | 1,752,466 | 555,857 | 1,080,522 | 317,914 | 245,089 | 8,896 |
| total shareholders funds | 981,396 | 811,717 | 1,752,466 | 555,857 | 1,080,522 | 317,914 | 245,089 | 8,896 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 107,715 | 105,811 | 97,828 | |||||
| Amortisation | 277 | 277 | 277 | |||||
| Tax | ||||||||
| Stock | -20,251 | 9,128 | 51,640 | 63,884 | ||||
| Debtors | 86,132 | 4,200 | 56,241 | -976,457 | 714,264 | 103,829 | 236,773 | 12,446 |
| Creditors | 26,062 | 3,100 | 81,075 | 10,521 | -83,739 | 59,165 | 70,076 | 3,550 |
| Accruals and Deferred Income | 12,437 | -20,842 | 14,837 | -16,322 | 69,212 | |||
| 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 | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | -33,000 | -33,000 | -33,000 | 143,000 | ||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 98,911 | -949,896 | 1,036,650 | 452,707 | ||||
| overdraft | 11,000 | 22,000 | ||||||
| change in cash | 98,911 | -949,896 | 1,025,650 | 430,707 |
better tasting drinks co. limited Credit Report and Business Information
Better Tasting Drinks Co. Limited Competitor Analysis
Perform a competitor analysis for better tasting drinks co. limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NN16 area or any other competitors across 12 key performance metrics.
better tasting drinks co. limited Ownership
BETTER TASTING DRINKS CO. LIMITED group structure
Better Tasting Drinks Co. Limited has no subsidiary companies.
Ultimate parent company
BETTER TASTING DRINKS CO. LIMITED
09697717
better tasting drinks co. limited directors
Better Tasting Drinks Co. Limited currently has 3 directors. The longest serving directors include Mr William Kendall (Jul 2015) and Ms Mary Avery (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Kendall | 63 years | Jul 2015 | - | Director | |
| Ms Mary Avery | England | 45 years | Sep 2017 | - | Director |
| Mr Mark Palmer | United Kingdom | 51 years | Sep 2017 | - | Director |
P&L
December 2023turnover
3.5m
+50%
operating profit
-1m
0%
gross margin
24.9%
+10.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
981.4k
+0.21%
total assets
1.3m
+0.16%
cash
638.4k
+0.18%
net assets
Total assets minus all liabilities
better tasting drinks co. limited company details
company number
09697717
Type
Private limited with Share Capital
industry
46341 - Wholesale of fruit and vegetable juices, mineral waters and soft drinks
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
timsons business centre, bath road, kettering, northants, NN16 8NQ
Bank
-
Legal Advisor
-
better tasting drinks co. 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 better tasting drinks co. limited.
better tasting drinks co. 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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better tasting drinks co. limited Companies House Filings - See Documents
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