ancestrel wines ltd
ancestrel wines ltd Company Information
Company Number
10160301
Next Accounts
Feb 2025
Industry
Other food service activities
Directors
Shareholders
michael dallas
Group Structure
View All
Contact
Registered Address
4 beaconsfield road, st. albans, hertfordshire, AL1 3RD
Website
www.ancestrelwines.comancestrel wines ltd Estimated Valuation
Pomanda estimates the enterprise value of ANCESTREL WINES LTD at £1.4m based on a Turnover of £2.7m and 0.51x industry multiple (adjusted for size and gross margin).
ancestrel wines ltd Estimated Valuation
Pomanda estimates the enterprise value of ANCESTREL WINES LTD at £476.5k based on an EBITDA of £104.1k and a 4.58x industry multiple (adjusted for size and gross margin).
ancestrel wines ltd Estimated Valuation
Pomanda estimates the enterprise value of ANCESTREL WINES LTD at £0 based on Net Assets of £-337.2k and 2.89x industry multiple (adjusted for liquidity).
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Ancestrel Wines Ltd Overview
Ancestrel Wines Ltd is a live company located in hertfordshire, AL1 3RD with a Companies House number of 10160301. It operates in the other food services sector, SIC Code 56290. Founded in May 2016, it's largest shareholder is michael dallas with a 100% stake. Ancestrel Wines Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.7m with low growth in recent years.
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Ancestrel Wines Ltd Health Check
Pomanda's financial health check has awarded Ancestrel Wines Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £2.7m, make it larger than the average company (£1.5m)
- Ancestrel Wines Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.2%)
- Ancestrel Wines Ltd
6.2% - Industry AVG
Production
with a gross margin of 28.8%, this company has a comparable cost of product (28.8%)
- Ancestrel Wines Ltd
28.8% - Industry AVG
Profitability
an operating margin of 3.6% make it as profitable than the average company (3.1%)
- Ancestrel Wines Ltd
3.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (19)
4 - Ancestrel Wines Ltd
19 - Industry AVG
Pay Structure
on an average salary of £23k, the company has an equivalent pay structure (£23k)
- Ancestrel Wines Ltd
£23k - Industry AVG
Efficiency
resulting in sales per employee of £669k, this is more efficient (£67.7k)
- Ancestrel Wines Ltd
£67.7k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (28 days)
- Ancestrel Wines Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (36 days)
- Ancestrel Wines Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 112 days, this is more than average (13 days)
- Ancestrel Wines Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Ancestrel Wines Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 144%, this is a higher level of debt than the average (69.7%)
144% - Ancestrel Wines Ltd
69.7% - Industry AVG
ANCESTREL WINES LTD financials
Ancestrel Wines Ltd's latest turnover from May 2023 is estimated at £2.7 million and the company has net assets of -£337.2 thousand. According to their latest financial statements, Ancestrel Wines Ltd has 4 employees and maintains cash reserves of £2.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 3 | 2 | 2 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,381 | 16,679 | 20,581 | 4,400 | 2,507 | 1,922 | 2,233 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,381 | 16,679 | 20,581 | 4,400 | 2,507 | 1,922 | 2,233 |
| Stock & work in progress | 586,530 | 662,911 | 426,586 | 406,397 | 0 | 0 | 0 |
| Trade Debtors | 152,157 | 120,526 | 128,396 | 77,908 | 363,286 | 112,702 | 31,478 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 10,222 | 33,749 | 214,359 | 260 | 0 | 0 | 0 |
| Cash | 2,370 | 2,256 | 2,310 | 40,304 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 751,279 | 819,442 | 771,651 | 524,869 | 363,286 | 112,702 | 31,478 |
| total assets | 765,660 | 836,121 | 792,232 | 529,269 | 365,793 | 114,624 | 33,711 |
| Bank overdraft | 18,679 | 19,712 | 24,035 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 74,073 | 274,991 | 345,057 | 162,298 | 106,643 | 67,434 | 692 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 335,313 | 302,650 | 150,200 | 54,988 | 0 | 0 | 0 |
| total current liabilities | 428,065 | 597,353 | 519,292 | 217,286 | 106,643 | 67,434 | 692 |
| loans | 27,979 | 38,866 | 50,000 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 646,770 | 605,935 | 530,635 | 424,505 | 292,506 | 44,450 | 32,928 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 674,749 | 644,801 | 580,635 | 474,505 | 292,506 | 44,450 | 32,928 |
| total liabilities | 1,102,814 | 1,242,154 | 1,099,927 | 691,791 | 399,149 | 111,884 | 33,620 |
| net assets | -337,154 | -406,033 | -307,695 | -162,522 | -33,356 | 2,740 | 91 |
| total shareholders funds | -337,154 | -406,033 | -307,695 | -162,522 | -33,356 | 2,740 | 91 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 6,882 | 7,055 | 3,115 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | -76,381 | 236,325 | 20,189 | 406,397 | 0 | 0 | 0 |
| Debtors | 8,104 | -188,480 | 264,587 | -285,118 | 250,584 | 81,224 | 31,478 |
| Creditors | -200,918 | -70,066 | 182,759 | 55,655 | 39,209 | 66,742 | 692 |
| Accruals and Deferred Income | 32,663 | 152,450 | 95,212 | 54,988 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,887 | -11,134 | 0 | 50,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 40,835 | 75,300 | 106,130 | 131,999 | 248,056 | 11,522 | 32,928 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 114 | -54 | -37,994 | 40,304 | 0 | 0 | 0 |
| overdraft | -1,033 | -4,323 | 24,035 | 0 | 0 | 0 | 0 |
| change in cash | 1,147 | 4,269 | -62,029 | 40,304 | 0 | 0 | 0 |
ancestrel wines ltd Credit Report and Business Information
Ancestrel Wines Ltd Competitor Analysis
Perform a competitor analysis for ancestrel wines ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in AL1 area or any other competitors across 12 key performance metrics.
ancestrel wines ltd Ownership
ANCESTREL WINES LTD group structure
Ancestrel Wines Ltd has no subsidiary companies.
Ultimate parent company
ANCESTREL WINES LTD
10160301
ancestrel wines ltd directors
Ancestrel Wines Ltd currently has 1 director, Mr Michael Dallas serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Dallas | 43 years | May 2016 | - | Director |
P&L
May 2023turnover
2.7m
+3%
operating profit
97.3k
0%
gross margin
28.9%
+2.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-337.2k
-0.17%
total assets
765.7k
-0.08%
cash
2.4k
+0.05%
net assets
Total assets minus all liabilities
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ancestrel wines ltd company details
company number
10160301
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
4 beaconsfield road, st. albans, hertfordshire, AL1 3RD
Bank
-
Legal Advisor
-
ancestrel wines 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 found 1 charges/mortgages relating to ancestrel wines ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
ancestrel wines 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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ancestrel wines ltd Companies House Filings - See Documents
| date | description | view/download |
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