renegade spirits grenada limited
renegade spirits grenada limited Company Information
Company Number
09989186
Next Accounts
179 days late
Shareholders
bgf nominees limited (a/c bgf investments lp)
barrymore investments limited
View AllGroup Structure
View All
Industry
Distilling, rectifying and blending of spirits
Registered Address
2 babmaes street, london, SW1Y 6HD
Website
-renegade spirits grenada limited Estimated Valuation
Pomanda estimates the enterprise value of RENEGADE SPIRITS GRENADA LIMITED at £437.6k based on a Turnover of £1.2m and 0.38x industry multiple (adjusted for size and gross margin).
renegade spirits grenada limited Estimated Valuation
Pomanda estimates the enterprise value of RENEGADE SPIRITS GRENADA LIMITED at £0 based on an EBITDA of £-237.8k and a 2.44x industry multiple (adjusted for size and gross margin).
renegade spirits grenada limited Estimated Valuation
Pomanda estimates the enterprise value of RENEGADE SPIRITS GRENADA LIMITED at £43.9m based on Net Assets of £25.3m and 1.74x industry multiple (adjusted for liquidity).
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Renegade Spirits Grenada Limited Overview
Renegade Spirits Grenada Limited is a live company located in london, SW1Y 6HD with a Companies House number of 09989186. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in February 2016, it's largest shareholder is bgf nominees limited (a/c bgf investments lp) with a 9.3% stake. Renegade Spirits Grenada Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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Renegade Spirits Grenada Limited Health Check
Pomanda's financial health check has awarded Renegade Spirits Grenada Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£19.7m)
£1.2m - Renegade Spirits Grenada Limited
£19.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 175%, show it is growing at a faster rate (8.8%)
175% - Renegade Spirits Grenada Limited
8.8% - Industry AVG
Production
with a gross margin of 3.3%, this company has a higher cost of product (40.4%)
3.3% - Renegade Spirits Grenada Limited
40.4% - Industry AVG
Profitability
an operating margin of -108.8% make it less profitable than the average company (13.3%)
-108.8% - Renegade Spirits Grenada Limited
13.3% - Industry AVG
Employees
with 161 employees, this is above the industry average (70)
161 - Renegade Spirits Grenada Limited
70 - Industry AVG
Pay Structure
on an average salary of £10k, the company has a lower pay structure (£47k)
£10k - Renegade Spirits Grenada Limited
£47k - Industry AVG
Efficiency
resulting in sales per employee of £7.2k, this is less efficient (£304.7k)
£7.2k - Renegade Spirits Grenada Limited
£304.7k - Industry AVG
Debtor Days
it gets paid by customers after 146 days, this is later than average (43 days)
146 days - Renegade Spirits Grenada Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (55 days)
121 days - Renegade Spirits Grenada Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 1697 days, this is more than average (468 days)
1697 days - Renegade Spirits Grenada Limited
468 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (5 weeks)
26 weeks - Renegade Spirits Grenada Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.5%, this is a lower level of debt than the average (49.6%)
9.5% - Renegade Spirits Grenada Limited
49.6% - Industry AVG
RENEGADE SPIRITS GRENADA LIMITED financials
Renegade Spirits Grenada Limited's latest turnover from December 2022 is £1.2 million and the company has net assets of £25.3 million. According to their latest financial statements, Renegade Spirits Grenada Limited has 161 employees and maintains cash reserves of £352.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,162,005 | 245,792 | 55,775 | ||||
| Other Income Or Grants | |||||||
| Cost Of Sales | 1,123,160 | 1,669,672 | 1,650,695 | 2,788,871 | |||
| Gross Profit | 38,845 | -1,423,880 | -1,650,695 | -2,733,096 | |||
| Admin Expenses | 1,302,858 | 1,217,962 | 976,039 | 655,069 | 587,650 | 278,461 | |
| Operating Profit | -1,264,013 | -2,641,842 | -2,626,734 | -3,388,165 | -587,650 | -278,461 | |
| Interest Payable | 77,224 | ||||||
| Interest Receivable | 1,765 | 6,569 | 16,490 | 25,339 | |||
| Pre-Tax Profit | -1,339,472 | -2,635,272 | -2,610,244 | -3,388,165 | -562,310 | -278,461 | -134,828 |
| Tax | |||||||
| Profit After Tax | -1,339,472 | -2,635,272 | -2,610,244 | -3,388,165 | -562,310 | -278,461 | -134,828 |
| Dividends Paid | |||||||
| Retained Profit | -1,339,472 | -2,635,272 | -2,610,244 | -3,388,165 | -562,310 | -278,461 | -134,828 |
| Employee Costs | 1,611,556 | 1,571,071 | 1,580,679 | 1,253,355 | 763,041 | 239,563 | |
| Number Of Employees | 161 | 152 | 138 | 171 | 91 | 33 | 3 |
| EBITDA* | -237,758 | -1,638,158 | -2,114,821 | -3,204,386 | -452,533 | -278,461 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,568,916 | 21,956,295 | 24,381,592 | 17,589,399 | 10,327,906 | 1,147,278 | 182,331 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 21,568,916 | 21,956,296 | 24,381,593 | 17,589,400 | 10,327,907 | 1,147,279 | 182,332 |
| Stock & work in progress | 5,224,963 | 2,180,708 | 325,333 | ||||
| Trade Debtors | 465,492 | ||||||
| Group Debtors | |||||||
| Misc Debtors | 316,478 | 282,507 | 242,616 | 68,868 | 96,239 | 107,245 | 30,467 |
| Cash | 352,507 | 2,638,667 | 1,868,411 | 6,911,877 | 5,146,715 | 99,511 | 55,510 |
| misc current assets | |||||||
| total current assets | 6,359,441 | 5,101,882 | 2,436,361 | 6,980,746 | 5,242,955 | 206,756 | 85,977 |
| total assets | 27,928,358 | 27,058,178 | 26,817,954 | 24,570,146 | 15,570,861 | 1,354,034 | 268,309 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 373,463 | ||||||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 327,355 | 438,260 | 689,337 | 886,301 | 1,476,055 | 192,853 | 120,393 |
| total current liabilities | 700,819 | 438,261 | 689,337 | 886,301 | 1,476,056 | 192,853 | 120,393 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 1,947,093 | ||||||
| provisions | |||||||
| total long term liabilities | 1,947,093 | ||||||
| total liabilities | 2,647,912 | 438,261 | 689,337 | 886,301 | 1,476,056 | 192,853 | 120,393 |
| net assets | 25,280,446 | 26,619,918 | 26,128,617 | 23,683,844 | 14,094,806 | 1,161,181 | 147,915 |
| total shareholders funds | 25,280,446 | 26,619,918 | 26,128,617 | 23,683,844 | 14,094,806 | 1,161,181 | 147,915 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -1,264,013 | -2,641,842 | -2,626,734 | -3,388,165 | -587,650 | -278,461 | |
| Depreciation | 1,026,255 | 1,003,684 | 511,912 | 183,779 | 135,118 | ||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 3,044,255 | 1,855,375 | 325,333 | ||||
| Debtors | 499,463 | 39,891 | 173,748 | -27,371 | -11,006 | 76,778 | 30,467 |
| Creditors | 373,463 | ||||||
| Accruals and Deferred Income | -110,905 | -251,077 | -196,964 | -589,754 | 1,283,202 | 72,460 | 120,393 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -3,518,918 | -3,784,501 | -2,810,867 | -3,766,769 | 841,676 | -282,779 | |
| 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 | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | 1,947,093 | ||||||
| share issue | |||||||
| interest | -75,459 | 6,569 | 16,490 | 25,339 | |||
| cash flow from financing | 1,871,634 | 3,133,141 | 5,071,507 | 12,977,204 | 13,521,274 | 1,291,727 | 282,743 |
| cash and cash equivalents | |||||||
| cash | -2,286,159 | 770,255 | -5,043,466 | 1,765,162 | 5,047,205 | 44,001 | 55,510 |
| overdraft | |||||||
| change in cash | -2,286,159 | 770,255 | -5,043,466 | 1,765,162 | 5,047,205 | 44,001 | 55,510 |
renegade spirits grenada limited Credit Report and Business Information
Renegade Spirits Grenada Limited Competitor Analysis
Perform a competitor analysis for renegade spirits grenada limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
renegade spirits grenada limited Ownership
RENEGADE SPIRITS GRENADA LIMITED group structure
Renegade Spirits Grenada Limited has no subsidiary companies.
Ultimate parent company
RENEGADE SPIRITS GRENADA LIMITED
09989186
renegade spirits grenada limited directors
Renegade Spirits Grenada Limited currently has 5 directors. The longest serving directors include Mr John Adams (Feb 2016) and Sir John MacTaggart (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Adams | United Kingdom | 66 years | Feb 2016 | - | Director |
| Sir John MacTaggart | United Kingdom | 74 years | Feb 2016 | - | Director |
| Mr Mark Reynier | United Kingdom | 63 years | Feb 2016 | - | Director |
| Jean-Marie Laborde | 76 years | Jun 2018 | - | Director | |
| Mr James Skehan | United Kingdom | 73 years | Jun 2018 | - | Director |
P&L
December 2022turnover
1.2m
+373%
operating profit
-1.3m
-52%
gross margin
3.4%
-100.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
25.3m
-0.05%
total assets
27.9m
+0.03%
cash
352.5k
-0.87%
net assets
Total assets minus all liabilities
Similar Companies
renegade spirits grenada limited company details
company number
09989186
Type
Private limited with Share Capital
industry
11010 - Distilling, rectifying and blending of spirits
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
CROWE UK LLP
address
2 babmaes street, london, SW1Y 6HD
Bank
-
Legal Advisor
-
renegade spirits grenada 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 renegade spirits grenada limited.
renegade spirits grenada 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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renegade spirits grenada limited Companies House Filings - See Documents
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