adab catering limited
adab catering limited Company Information
Company Number
10387532
Next Accounts
1256 days late
Directors
Shareholders
avtar singh sanghera
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
+1Registered Address
11th floor, temple point, 1 temple row, birmingham, B2 5LG
Website
adabcatering.comadab catering limited Estimated Valuation
Pomanda estimates the enterprise value of ADAB CATERING LIMITED at £119.8k based on a Turnover of £248.8k and 0.48x industry multiple (adjusted for size and gross margin).
adab catering limited Estimated Valuation
Pomanda estimates the enterprise value of ADAB CATERING LIMITED at £712.3k based on an EBITDA of £159k and a 4.48x industry multiple (adjusted for size and gross margin).
adab catering limited Estimated Valuation
Pomanda estimates the enterprise value of ADAB CATERING LIMITED at £253.6k based on Net Assets of £118.4k and 2.14x industry multiple (adjusted for liquidity).
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Adab Catering Limited Overview
Adab Catering Limited is a live company located in birmingham, B2 5LG with a Companies House number of 10387532. It operates in the wholesale of coffee, tea, cocoa and spices sector, SIC Code 46370. Founded in September 2016, it's largest shareholder is avtar singh sanghera with a 100% stake. Adab Catering Limited is a young, micro sized company, Pomanda has estimated its turnover at £248.8k with unknown growth in recent years.
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Adab Catering Limited Health Check
Pomanda's financial health check has awarded Adab Catering Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £248.8k, make it smaller than the average company (£4m)
- Adab Catering Limited
£4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Adab Catering Limited
- - Industry AVG
Production
with a gross margin of 41.2%, this company has a comparable cost of product (41.2%)
- Adab Catering Limited
41.2% - Industry AVG
Profitability
an operating margin of 55.7% make it more profitable than the average company (4.7%)
- Adab Catering Limited
4.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Adab Catering Limited
13 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Adab Catering Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £82.9k, this is less efficient (£171.8k)
- Adab Catering Limited
£171.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (56 days)
- Adab Catering Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (27 days)
- Adab Catering Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Adab Catering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - Adab Catering Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.3%, this is a lower level of debt than the average (66.3%)
41.3% - Adab Catering Limited
66.3% - Industry AVG
ADAB CATERING LIMITED financials
Adab Catering Limited's latest turnover from December 2019 is estimated at £248.8 thousand and the company has net assets of £118.4 thousand. According to their latest financial statements, Adab Catering Limited has 3 employees and maintains cash reserves of £3.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 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 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Tangible Assets | 181,031 | 1,889 | 1,949 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 181,031 | 1,889 | 1,949 |
| Stock & work in progress | |||
| Trade Debtors | 15,250 | 15,000 | 2,900 |
| Group Debtors | 2,000 | ||
| Misc Debtors | 2,000 | 2,000 | |
| Cash | 3,319 | 2,242 | 31 |
| misc current assets | |||
| total current assets | 20,569 | 19,242 | 4,931 |
| total assets | 201,600 | 21,131 | 6,880 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 55,768 | 5,457 | 201 |
| Group/Directors Accounts | 14,752 | 1,158 | 1,158 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 12,680 | 8,448 | 3,574 |
| total current liabilities | 83,200 | 15,063 | 4,933 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 83,200 | 15,063 | 4,933 |
| net assets | 118,400 | 6,068 | 1,947 |
| total shareholders funds | 118,400 | 6,068 | 1,947 |
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 20,360 | 209 | 217 |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 250 | 12,100 | 4,900 |
| Creditors | 50,311 | 5,256 | 201 |
| Accruals and Deferred Income | 4,232 | 4,874 | 3,574 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 13,594 | 1,158 | |
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 1,077 | 2,211 | 31 |
| overdraft | |||
| change in cash | 1,077 | 2,211 | 31 |
adab catering limited Credit Report and Business Information
Adab Catering Limited Competitor Analysis
Perform a competitor analysis for adab catering limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B 2 area or any other competitors across 12 key performance metrics.
adab catering limited Ownership
ADAB CATERING LIMITED group structure
Adab Catering Limited has no subsidiary companies.
Ultimate parent company
ADAB CATERING LIMITED
10387532
adab catering limited directors
Adab Catering Limited currently has 1 director, Mr Avtar Sanghera serving since Sep 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Avtar Sanghera | United Kingdom | 40 years | Sep 2020 | - | Director |
P&L
December 2019turnover
248.8k
+238%
operating profit
138.7k
0%
gross margin
41.3%
-3.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
118.4k
+18.51%
total assets
201.6k
+8.54%
cash
3.3k
+0.48%
net assets
Total assets minus all liabilities
adab catering limited company details
company number
10387532
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
46370 - Wholesale of coffee, tea, cocoa and spices
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2019
previous names
N/A
accountant
-
auditor
-
address
11th floor, temple point, 1 temple row, birmingham, B2 5LG
Bank
-
Legal Advisor
-
adab catering 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 adab catering limited.
adab catering 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.
Click to start generating capital raising & share issue transactions for ADAB CATERING LIMITED. This can take several minutes, an email will notify you when this has completed.
adab catering limited Companies House Filings - See Documents
| date | description | view/download |
|---|
