norwich foodhub c.i.c.
norwich foodhub c.i.c. Company Information
Group Structure
View All
Industry
Other food service activities
Registered Address
4 st andrews court, yarmouth road, norwich, NR7 0EW
Website
norwichfoodhub.co.uknorwich foodhub c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of NORWICH FOODHUB C.I.C. at £3.8k based on a Turnover of £3.4k and 1.09x industry multiple (adjusted for size and gross margin).
norwich foodhub c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of NORWICH FOODHUB C.I.C. at £0 based on an EBITDA of £-4k and a 9.97x industry multiple (adjusted for size and gross margin).
norwich foodhub c.i.c. Estimated Valuation
Pomanda estimates the enterprise value of NORWICH FOODHUB C.I.C. at £314 based on Net Assets of £113 and 2.78x industry multiple (adjusted for liquidity).
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Norwich Foodhub C.i.c. Overview
Norwich Foodhub C.i.c. is a live company located in norwich, NR7 0EW with a Companies House number of 10086189. It operates in the other food services sector, SIC Code 56290. Founded in March 2016, it's largest shareholder is unknown. Norwich Foodhub C.i.c. is a young, micro sized company, Pomanda has estimated its turnover at £3.4k with declining growth in recent years.
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Norwich Foodhub C.i.c. Health Check
Pomanda's financial health check has awarded Norwich Foodhub C.I.C. a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
5 Weak
Size
annual sales of £3.4k, make it smaller than the average company (£1.5m)
£3.4k - Norwich Foodhub C.i.c.
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (14.1%)
-34% - Norwich Foodhub C.i.c.
14.1% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (28.1%)
100% - Norwich Foodhub C.i.c.
28.1% - Industry AVG
Profitability
an operating margin of -116.2% make it less profitable than the average company (3.1%)
-116.2% - Norwich Foodhub C.i.c.
3.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (26)
2 - Norwich Foodhub C.i.c.
26 - Industry AVG
Pay Structure
on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)
- Norwich Foodhub C.i.c.
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.7k, this is less efficient (£66.5k)
£1.7k - Norwich Foodhub C.i.c.
£66.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Norwich Foodhub C.i.c.
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Norwich Foodhub C.i.c.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Norwich Foodhub C.i.c.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Norwich Foodhub C.i.c.
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Norwich Foodhub C.i.c.
- - Industry AVG
NORWICH FOODHUB C.I.C. financials
Norwich Foodhub C.I.C.'s latest turnover from March 2024 is £3.4 thousand and the company has net assets of £113. According to their latest financial statements, Norwich Foodhub C.I.C. has 2 employees and maintains cash reserves of £7 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 3,444 | 6,301 | 5,359 | 12,031 | 3,758 | 11,646 | 14,668 | 4,491 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 2,000 | 995 | ||||||
| Gross Profit | 3,444 | 6,301 | 1,758 | 11,646 | 13,673 | 4,491 | ||
| Admin Expenses | 7,445 | 7,398 | 8,323 | 9,546 | 4,580 | 1,882 | ||
| Operating Profit | -4,001 | -1,097 | -2,712 | 2,499 | -6,565 | 2,100 | 9,093 | 2,609 |
| Interest Payable | 26 | |||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | -4,001 | -1,097 | -2,712 | 2,499 | -6,565 | 2,100 | 9,093 | 2,609 |
| Tax | 306 | 152 | -398 | -1,727 | -521 | |||
| Profit After Tax | -4,001 | -1,097 | -2,406 | 2,499 | -6,413 | 1,702 | 7,366 | 2,088 |
| Dividends Paid | ||||||||
| Retained Profit | -4,001 | -1,097 | -2,406 | 2,499 | -6,413 | 1,702 | 7,366 | 2,088 |
| Employee Costs | 4,965 | 4,761 | 4,755 | 4,171 | 1,923 | 3,186 | ||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* | -4,001 | -1,097 | -2,182 | 3,579 | -5,735 | 2,783 | 9,218 | 2,680 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 530 | 1,610 | 1,852 | 306 | 212 | |||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 530 | 1,610 | 1,852 | 306 | 212 | |||
| Stock & work in progress | ||||||||
| Trade Debtors | 58 | |||||||
| Group Debtors | ||||||||
| Misc Debtors | 106 | 106 | 105 | 105 | 105 | |||
| Cash | 7 | 3,950 | 4,730 | 8,696 | 3,947 | 9,879 | 11,299 | 2,397 |
| misc current assets | ||||||||
| total current assets | 113 | 4,114 | 4,835 | 8,801 | 4,052 | 9,879 | 11,299 | 2,397 |
| total assets | 113 | 4,114 | 4,835 | 9,331 | 5,662 | 11,731 | 11,605 | 2,609 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 112 | 141 | 5 | 58 | ||||
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,672 | 472 | 217 | 2,033 | 479 | |||
| total current liabilities | 1,784 | 613 | 222 | 2,091 | 479 | |||
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 306 | 306 | 353 | 60 | 42 | |||
| total long term liabilities | 306 | 306 | 353 | 60 | 42 | |||
| total liabilities | 2,090 | 919 | 575 | 2,151 | 521 | |||
| net assets | 113 | 4,114 | 4,835 | 7,241 | 4,743 | 11,156 | 9,454 | 2,088 |
| total shareholders funds | 113 | 4,114 | 4,835 | 7,241 | 4,743 | 11,156 | 9,454 | 2,088 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -4,001 | -1,097 | -2,712 | 2,499 | -6,565 | 2,100 | 9,093 | 2,609 |
| Depreciation | 530 | 1,080 | 830 | 683 | 125 | 71 | ||
| Amortisation | ||||||||
| Tax | 306 | 152 | -398 | -1,727 | -521 | |||
| Stock | ||||||||
| Debtors | -58 | 59 | 105 | |||||
| Creditors | -112 | -29 | 136 | -53 | 58 | |||
| Accruals and Deferred Income | -1,672 | 1,200 | 255 | -1,816 | 1,554 | 479 | ||
| Deferred Taxes & Provisions | -306 | -47 | 293 | 18 | 42 | |||
| Cash flow from operations | -3,943 | -1,156 | -3,966 | 4,750 | -5,344 | 809 | 9,121 | 2,680 |
| 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 | ||||||||
| share issue | ||||||||
| interest | -26 | |||||||
| cash flow from financing | 376 | -1 | -26 | |||||
| cash and cash equivalents | ||||||||
| cash | -3,943 | -780 | -3,966 | 4,749 | -5,932 | -1,420 | 8,902 | 2,397 |
| overdraft | ||||||||
| change in cash | -3,943 | -780 | -3,966 | 4,749 | -5,932 | -1,420 | 8,902 | 2,397 |
norwich foodhub c.i.c. Credit Report and Business Information
Norwich Foodhub C.i.c. Competitor Analysis
Perform a competitor analysis for norwich foodhub c.i.c. by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NR7 area or any other competitors across 12 key performance metrics.
norwich foodhub c.i.c. Ownership
NORWICH FOODHUB C.I.C. group structure
Norwich Foodhub C.I.C. has no subsidiary companies.
Ultimate parent company
NORWICH FOODHUB C.I.C.
10086189
norwich foodhub c.i.c. directors
Norwich Foodhub C.I.C. currently has 1 director, Mr Rowan Van Tromp serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rowan Van Tromp | England | 32 years | Mar 2016 | - | Director |
P&L
March 2024turnover
3.4k
-45%
operating profit
-4k
+265%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
113
-0.97%
total assets
113
-0.97%
cash
7
-1%
net assets
Total assets minus all liabilities
Similar Companies
norwich foodhub c.i.c. company details
company number
10086189
Type
Private Ltd By Guarantee w/o Share Cap
industry
56290 - Other food service activities
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
4 st andrews court, yarmouth road, norwich, NR7 0EW
Bank
-
Legal Advisor
-
norwich foodhub c.i.c. 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 norwich foodhub c.i.c..
norwich foodhub c.i.c. 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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norwich foodhub c.i.c. Companies House Filings - See Documents
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