Pomanda estimates the enterprise value of TWISTING SPIRITS LTD at £156.1k based on a Turnover of £241.4k and 0.65x industry multiple (adjusted for size and gross margin).
twisting spirits ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TWISTING SPIRITS LTD at £0 based on an EBITDA of £-7.9k and a 4.17x industry multiple (adjusted for size and gross margin).
twisting spirits ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TWISTING SPIRITS LTD at £0 based on Net Assets of £-85k and 1.74x industry multiple (adjusted for liquidity).
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Twisting Spirits LtdOverview
Twisting Spirits Ltd is a live company located in gloucester, GL2 9LS with a Companies House number of 09958655. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in January 2016, it's largest shareholder is
richard bateman
with a 50% stake. Twisting Spirits Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£241.4k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Twisting Spirits Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £241.4k, make it smaller than the average company (£22.7m)
£241.4k - Twisting Spirits Ltd
£22.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (15.4%)
9% - Twisting Spirits Ltd
15.4% - Industry AVG
Production
with a gross margin of 39%, this company has a comparable cost of product (39%)
39% - Twisting Spirits Ltd
39% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (10.4%)
-5.7% - Twisting Spirits Ltd
10.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (75)
2 - Twisting Spirits Ltd
75 - Industry AVG
Pay Structure
on an average salary of £56.5k, the company has an equivalent pay structure (£56.5k)
£56.5k - Twisting Spirits Ltd
£56.5k - Industry AVG
Efficiency
resulting in sales per employee of £120.7k, this is less efficient (£410.5k)
£120.7k - Twisting Spirits Ltd
£410.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (40 days)
0 days - Twisting Spirits Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (60 days)
7 days - Twisting Spirits Ltd
60 days - Industry AVG
Stock Days
it holds stock equivalent to 53 days, this is less than average (520 days)
53 days - Twisting Spirits Ltd
520 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is more cash available to meet short term requirements (2 weeks)
3 weeks - Twisting Spirits Ltd
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 301.2%, this is a higher level of debt than the average (53.4%)
301.2% - Twisting Spirits Ltd
53.4% - Industry AVG
TWISTING SPIRITS LTD financials
EXPORT
Twisting Spirits Ltd's latest turnover from March 2024 is estimated at £241.4 thousand and the company has net assets of -£85 thousand. According to their latest financial statements, Twisting Spirits Ltd has 2 employees and maintains cash reserves of £8.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Jan 2018
Jan 2017
Turnover
241,396
192,750
189,917
185,440
181,583
453,491
352,678
271,398
Other Income Or Grants
Cost Of Sales
147,220
116,232
117,797
121,482
117,947
281,174
209,343
166,450
Gross Profit
94,176
76,518
72,121
63,958
63,636
172,317
143,335
104,948
Admin Expenses
107,899
89,581
86,719
70,583
60,744
185,389
155,683
116,773
Operating Profit
-13,723
-13,063
-14,598
-6,625
2,892
-13,072
-12,348
-11,825
Interest Payable
780
977
804
397
Interest Receivable
415
278
40
3
1
Pre-Tax Profit
-14,088
-13,762
-15,363
-7,018
2,893
-13,072
-12,348
-11,825
Tax
-550
Profit After Tax
-14,088
-13,762
-15,363
-7,018
2,343
-13,072
-12,348
-11,825
Dividends Paid
Retained Profit
-14,088
-13,762
-15,363
-7,018
2,343
-13,072
-12,348
-11,825
Employee Costs
112,933
104,787
98,490
89,485
84,398
91,733
88,941
82,644
Number Of Employees
2
2
2
2
2
2
2
2
EBITDA*
-7,871
-4,829
-454
5,887
14,530
-13,072
-12,348
-11,825
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Jan 2018
Jan 2017
Tangible Assets
4,621
8,694
14,433
26,798
26,237
48,028
27,041
22,642
Intangible Assets
6,038
7,817
9,596
11,375
13,154
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,659
16,511
24,029
38,173
39,391
48,028
27,041
22,642
Stock & work in progress
21,421
25,931
26,659
24,322
21,281
Trade Debtors
115
3,189
2,884
6,784
3,616
24,094
18,505
7,836
Group Debtors
Misc Debtors
1,500
1,500
1,500
1,500
12,850
Cash
8,564
7,257
5,818
4,804
1,486
misc current assets
total current assets
31,600
37,877
36,861
37,410
39,233
24,094
18,505
7,836
total assets
42,259
54,388
60,890
75,583
78,624
72,122
45,546
30,478
Bank overdraft
2,600
2,600
2,600
13,000
Bank loan
Trade Creditors
3,109
1,593
3,243
3,093
753
109,367
69,719
42,303
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
118,550
115,507
103,997
101,310
112,673
total current liabilities
124,259
119,700
109,840
117,403
113,426
109,367
69,719
42,303
loans
3,033
5,633
8,233
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
3,033
5,633
8,233
total liabilities
127,292
125,333
118,073
117,403
113,426
109,367
69,719
42,303
net assets
-85,033
-70,945
-57,183
-41,820
-34,802
-37,245
-24,173
-11,825
total shareholders funds
-85,033
-70,945
-57,183
-41,820
-34,802
-37,245
-24,173
-11,825
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Jan 2018
Jan 2017
Operating Activities
Operating Profit
-13,723
-13,063
-14,598
-6,625
2,892
-13,072
-12,348
-11,825
Depreciation
4,073
6,455
12,365
10,733
9,858
Amortisation
1,779
1,779
1,779
1,779
1,780
Tax
-550
Stock
-4,510
-728
2,337
3,041
21,281
Debtors
-3,074
305
-3,900
-8,182
-7,628
5,589
10,669
7,836
Creditors
1,516
-1,650
150
2,340
-108,614
39,648
27,416
42,303
Accruals and Deferred Income
3,043
11,510
2,687
-11,363
112,673
Deferred Taxes & Provisions
Cash flow from operations
4,272
5,454
3,946
2,005
4,386
20,987
4,399
22,642
Investing Activities
capital expenditure
-716
-11,294
-3,001
-20,987
-4,399
-22,642
Change in Investments
cash flow from investments
-716
-11,294
-3,001
-20,987
-4,399
-22,642
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-2,600
-2,600
8,233
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-365
-699
-764
-394
1
cash flow from financing
-2,965
-3,299
7,469
-394
101
cash and cash equivalents
cash
1,307
1,439
1,014
3,318
1,486
overdraft
-10,400
13,000
change in cash
1,307
1,439
11,414
-9,682
1,486
twisting spirits ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for twisting spirits ltd. Get real-time insights into twisting spirits ltd's credit score, group structure and payment trends.
Perform a competitor analysis for twisting spirits ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in GL2 area or any other competitors across 12 key performance metrics.
twisting spirits ltd Ownership
TWISTING SPIRITS LTD group structure
Twisting Spirits Ltd has no subsidiary companies.
Ultimate parent company
TWISTING SPIRITS LTD
09958655
TWISTING SPIRITS LTD Shareholders
The largest shareholders in Twisting Spirits Ltd include Richard Bateman and Mary Bateman.
richard bateman
50%
mary bateman
50%
twisting spirits ltd directors
Twisting Spirits Ltd currently has 2 directors.
The longest serving directors include
Mrs Mary Bateman (Jan 2016) and
Mr Richard Bateman (Jan 2016).
11010 - Distilling, rectifying and blending of spirits
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
twisted spirits oxfordshire ltd (March 2017)
bronze fish brew co limited (May 2016)
accountant
CARA CHAPMAN
auditor
-
address
high house church lane, prios norton, gloucester, GL2 9LS
Bank
-
Legal Advisor
-
twisting spirits 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 twisting spirits ltd.
twisting spirits 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.
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twisting spirits ltdCompanies House Filings - See Documents
