watchhouse coffee holdings limited
watchhouse coffee holdings limited Company Information
Company Number
10135302
Next Accounts
Apr 2025
Shareholders
roland marcelin-horne
wcs nominees limited
View AllGroup Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
36 maltby street, london, SE1 3PA
Website
fernandezandwells.comwatchhouse coffee holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WATCHHOUSE COFFEE HOLDINGS LIMITED at £5.7m based on a Turnover of £9.5m and 0.6x industry multiple (adjusted for size and gross margin).
watchhouse coffee holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WATCHHOUSE COFFEE HOLDINGS LIMITED at £0 based on an EBITDA of £-1.3m and a 4.06x industry multiple (adjusted for size and gross margin).
watchhouse coffee holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WATCHHOUSE COFFEE HOLDINGS LIMITED at £2.3m based on Net Assets of £883.7k and 2.63x industry multiple (adjusted for liquidity).
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Watchhouse Coffee Holdings Limited Overview
Watchhouse Coffee Holdings Limited is a live company located in london, SE1 3PA with a Companies House number of 10135302. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in April 2016, it's largest shareholder is roland marcelin-horne with a 37.2% stake. Watchhouse Coffee Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.5m with rapid growth in recent years.
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Watchhouse Coffee Holdings Limited Health Check
Pomanda's financial health check has awarded Watchhouse Coffee Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £9.5m, make it larger than the average company (£459.2k)
£9.5m - Watchhouse Coffee Holdings Limited
£459.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 239%, show it is growing at a faster rate (10.9%)
- Watchhouse Coffee Holdings Limited
10.9% - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (61.7%)
20.3% - Watchhouse Coffee Holdings Limited
61.7% - Industry AVG
Profitability
an operating margin of -23.1% make it less profitable than the average company (0.5%)
-23.1% - Watchhouse Coffee Holdings Limited
0.5% - Industry AVG
Employees
with 210 employees, this is above the industry average (17)
210 - Watchhouse Coffee Holdings Limited
17 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Watchhouse Coffee Holdings Limited
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £45.2k, this is more efficient (£38.4k)
£45.2k - Watchhouse Coffee Holdings Limited
£38.4k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (5 days)
3 days - Watchhouse Coffee Holdings Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (30 days)
73 days - Watchhouse Coffee Holdings Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is more than average (5 days)
15 days - Watchhouse Coffee Holdings Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (33 weeks)
9 weeks - Watchhouse Coffee Holdings Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.8%, this is a higher level of debt than the average (75.9%)
87.8% - Watchhouse Coffee Holdings Limited
75.9% - Industry AVG
WATCHHOUSE COFFEE HOLDINGS LIMITED financials
Watchhouse Coffee Holdings Limited's latest turnover from July 2023 is £9.5 million and the company has net assets of £883.7 thousand. According to their latest financial statements, Watchhouse Coffee Holdings Limited has 210 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 9,488,741 | 6,524,813 | 3,730,809 | |||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 7,560,868 | 5,601,119 | 2,909,062 | |||||
| Gross Profit | 1,927,873 | 923,694 | 821,747 | |||||
| Admin Expenses | 4,117,202 | 2,364,720 | 1,514,649 | |||||
| Operating Profit | -2,189,329 | -1,441,026 | -692,902 | |||||
| Interest Payable | 370,720 | 89,615 | 3,229 | |||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | -2,560,049 | -1,530,641 | -696,131 | |||||
| Tax | ||||||||
| Profit After Tax | -2,560,049 | -1,530,641 | -696,131 | |||||
| Dividends Paid | ||||||||
| Retained Profit | -2,560,049 | -1,530,641 | -696,131 | |||||
| Employee Costs | ||||||||
| Number Of Employees | 210 | 167 | 94 | 7 | 4 | 3 | ||
| EBITDA* | -1,341,388 | -882,182 | -360,725 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,780,406 | 3,376,421 | 2,447,853 | 378,861 | 6 | 6 | 4 | |
| Intangible Assets | 114,243 | 87,609 | 4,041 | 8,083 | ||||
| Investments & Other | 413,868 | 8 | ||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 4,894,649 | 3,464,030 | 2,451,894 | 800,812 | 8 | 6 | 6 | 4 |
| Stock & work in progress | 318,485 | 268,911 | 112,106 | |||||
| Trade Debtors | 101,244 | 6,551 | 337,238 | 306,264 | 1 | |||
| Group Debtors | 2,876,537 | 536,876 | ||||||
| Misc Debtors | 949,763 | 416,613 | 405,955 | 1,920 | 2,187 | |||
| Cash | 1,001,266 | 79,644 | 62,016 | 1,111 | 557,690 | |||
| misc current assets | ||||||||
| total current assets | 2,370,758 | 771,719 | 580,077 | 2,879,568 | 1,096,753 | 337,238 | 306,264 | 1 |
| total assets | 7,265,407 | 4,235,749 | 3,031,971 | 3,680,380 | 1,096,761 | 337,244 | 306,270 | 5 |
| Bank overdraft | ||||||||
| Bank loan | 54,545 | 54,545 | 54,545 | |||||
| Trade Creditors | 1,516,361 | 1,091,775 | 578,908 | 75,000 | 23,503 | 4 | ||
| Group/Directors Accounts | ||||||||
| other short term finances | 9,895 | |||||||
| hp & lease commitments | 367,501 | 277,403 | ||||||
| other current liabilities | 3,264,990 | 1,213,592 | 385,641 | 70,039 | ||||
| total current liabilities | 5,213,292 | 2,637,315 | 1,019,094 | 70,039 | 75,000 | 23,503 | 4 | |
| loans | 122,728 | 177,273 | 231,818 | |||||
| hp & lease commitments | 1,045,652 | 808,178 | ||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 22,477 | 250,000 | 250,000 | |||||
| provisions | ||||||||
| total long term liabilities | 1,168,380 | 985,451 | 254,295 | 250,000 | 250,000 | |||
| total liabilities | 6,381,672 | 3,622,766 | 1,273,389 | 70,039 | 325,000 | 273,503 | 4 | |
| net assets | 883,735 | 612,983 | 1,758,582 | 3,610,341 | 1,096,761 | 12,244 | 32,767 | 1 |
| total shareholders funds | 883,735 | 612,983 | 1,758,582 | 3,610,341 | 1,096,761 | 12,244 | 32,767 | 1 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -2,189,329 | -1,441,026 | -692,902 | |||||
| Depreciation | 846,694 | 554,803 | 328,135 | |||||
| Amortisation | 1,247 | 4,041 | 4,042 | |||||
| Tax | ||||||||
| Stock | 49,574 | 156,805 | 112,106 | |||||
| Debtors | 627,843 | 17,209 | -2,472,502 | 2,339,394 | 201,825 | 30,974 | 306,263 | 1 |
| Creditors | 424,586 | 512,867 | 578,908 | -75,000 | 51,497 | 23,499 | 4 | |
| Accruals and Deferred Income | 2,051,398 | 827,951 | 315,602 | 70,039 | ||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 457,179 | 284,622 | 2,894,181 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -413,868 | 413,860 | 8 | |||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 54,545 | |||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | 9,895 | |||||||
| Long term loans | -54,545 | -54,545 | 231,818 | |||||
| Hire Purchase and Lease Commitments | 327,572 | 1,085,581 | ||||||
| other long term liabilities | -22,477 | 22,477 | -250,000 | 250,000 | ||||
| share issue | ||||||||
| interest | -370,720 | -89,615 | -3,229 | |||||
| cash flow from financing | 2,743,003 | 1,303,986 | -850,017 | |||||
| cash and cash equivalents | ||||||||
| cash | 921,622 | 17,628 | 60,905 | -556,579 | 557,690 | |||
| overdraft | ||||||||
| change in cash | 921,622 | 17,628 | 60,905 | -556,579 | 557,690 |
watchhouse coffee holdings limited Credit Report and Business Information
Watchhouse Coffee Holdings Limited Competitor Analysis
Perform a competitor analysis for watchhouse coffee holdings limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
watchhouse coffee holdings limited Ownership
WATCHHOUSE COFFEE HOLDINGS LIMITED group structure
Watchhouse Coffee Holdings Limited has 8 subsidiary companies.
Ultimate parent company
WATCHHOUSE COFFEE HOLDINGS LIMITED
10135302
8 subsidiaries
watchhouse coffee holdings limited directors
Watchhouse Coffee Holdings Limited currently has 2 directors. The longest serving directors include Mr Roland Marcelin Horne (Apr 2016) and Ms Stephanie Gregg (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roland Marcelin Horne | England | 40 years | Apr 2016 | - | Director |
| Ms Stephanie Gregg | England | 35 years | Jul 2019 | - | Director |
P&L
July 2023turnover
9.5m
+45%
operating profit
-2.2m
+52%
gross margin
20.4%
+43.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
883.7k
+0.44%
total assets
7.3m
+0.72%
cash
1m
+11.57%
net assets
Total assets minus all liabilities
watchhouse coffee holdings limited company details
company number
10135302
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
watch house coffee holdings limited (May 2021)
accountant
-
auditor
BISHOP FLEMING LLP
address
36 maltby street, london, SE1 3PA
Bank
-
Legal Advisor
-
watchhouse coffee holdings 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 found 3 charges/mortgages relating to watchhouse coffee holdings limited. Currently there are 2 open charges and 1 have been satisfied in the past.
watchhouse coffee holdings 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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watchhouse coffee holdings limited Companies House Filings - See Documents
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