chik'n limited
chik'n limited Company Information
Company Number
10499976
Website
-Registered Address
146 freston road, london, W10 6TR
Industry
Licensed restaurants
Telephone
02079356648
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
active gp iv llp 49.6%
freston chicken ltd 38.7%
View Allchik'n limited Estimated Valuation
The estimated valuation range for chik'n limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £3.1m
chik'n limited Estimated Valuation
The estimated valuation range for chik'n limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £3.1m
chik'n limited Estimated Valuation
The estimated valuation range for chik'n limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £3.1m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Chik'n Limited Overview
Chik'n Limited is a live company located in london, W10 6TR with a Companies House number of 10499976. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 2016, it's largest shareholder is active gp iv llp with a 49.5% stake. Chik'n Limited is a young, small sized company, Pomanda has estimated its turnover at £4m with declining growth in recent years.
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Chik'n Limited Health Check
Pomanda's financial health check has awarded Chik'N Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £4m, make it larger than the average company (£1.8m)
- Chik'n Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (0.3%)
- Chik'n Limited
0.3% - Industry AVG
Production
with a gross margin of 54.9%, this company has a comparable cost of product (54.9%)
- Chik'n Limited
54.9% - Industry AVG
Profitability
an operating margin of -144% make it less profitable than the average company (5%)
- Chik'n Limited
5% - Industry AVG
Employees
with 120 employees, this is above the industry average (40)
120 - Chik'n Limited
40 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£18.9k)
- Chik'n Limited
£18.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.5k, this is less efficient (£49.9k)
- Chik'n Limited
£49.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (6 days)
- Chik'n Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 195 days, this is slower than average (54 days)
- Chik'n Limited
54 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (13 days)
- Chik'n Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Chik'n Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 179.1%, this is a higher level of debt than the average (84.1%)
179.1% - Chik'n Limited
84.1% - Industry AVG
chik'n limited Credit Report and Business Information
Chik'n Limited Competitor Analysis
Perform a competitor analysis for chik'n limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
chik'n limited Ownership
CHIK'N LIMITED group structure
Chik'N Limited has no subsidiary companies.
Ultimate parent company
CHIK'N LIMITED
10499976
chik'n limited directors
Chik'N Limited currently has 3 directors. The longest serving directors include Mr Carl Clarke (Mar 2017) and Mr Robert Clarkson (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Clarke | United Kingdom | 56 years | Mar 2017 | - | Director |
| Mr Robert Clarkson | England | 59 years | Jul 2017 | - | Director |
| Mr Andrew Harrison | England | 53 years | Sep 2018 | - | Director |
CHIK'N LIMITED financials
Chik'N Limited's latest turnover from December 2022 is estimated at £4 million and the company has net assets of -£6.6 million. According to their latest financial statements, Chik'N Limited has 120 employees and maintains cash reserves of £41.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| 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 | 120 | 70 | 47 | 52 | 34 | 32 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 6,457,307 | 2,454,493 | 2,094,586 | 2,223,856 | 2,042,349 | 1,664,159 |
| Intangible Assets | 1,206,618 | 8,962 | 885 | 1,438 | 5,008 | 5,323 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,663,925 | 2,463,455 | 2,095,471 | 2,225,294 | 2,047,357 | 1,669,482 |
| Stock & work in progress | 61,311 | 56,664 | 24,735 | 16,769 | 10,429 | 8,680 |
| Trade Debtors | 25,516 | 2,075 | 12,500 | 8,046 | 265,507 | 437,418 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 562,490 | 406,871 | 287,521 | 212,555 | 0 | 0 |
| Cash | 41,228 | 1,217,631 | 301,325 | 112,803 | 203,987 | 113,106 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 690,545 | 1,683,241 | 626,081 | 350,173 | 479,923 | 559,204 |
| total assets | 8,354,470 | 4,146,696 | 2,721,552 | 2,575,467 | 2,527,280 | 2,228,686 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 22,223 | 22,223 | 22,222 | 0 | 0 | 0 |
| Trade Creditors | 969,242 | 233,973 | 204,931 | 229,783 | 317,532 | 269,559 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 151,500 | 475,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,096,872 | 483,677 | 282,334 | 229,963 | 0 | 0 |
| total current liabilities | 2,088,337 | 739,873 | 660,987 | 934,746 | 317,532 | 269,559 |
| loans | 12,870,019 | 3,471,747 | 77,778 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,870,019 | 3,471,747 | 77,778 | 0 | 0 | 0 |
| total liabilities | 14,958,356 | 4,211,620 | 738,765 | 934,746 | 317,532 | 269,559 |
| net assets | -6,603,886 | -64,924 | 1,982,787 | 1,640,721 | 2,209,748 | 1,959,127 |
| total shareholders funds | -6,603,886 | -64,924 | 1,982,787 | 1,640,721 | 2,209,748 | 1,959,127 |
| Dec 2022 | Dec 2021 | Dec 2020 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 592,069 | 321,348 | 183,286 | 270,853 | 216,977 | 118,514 |
| Amortisation | 107,491 | 3,619 | 553 | 3,570 | 3,040 | 2,661 |
| Tax | ||||||
| Stock | 4,647 | 31,929 | 14,306 | 6,340 | 1,749 | 8,680 |
| Debtors | 179,060 | 108,925 | 34,514 | -44,906 | -171,911 | 437,418 |
| Creditors | 735,269 | 29,042 | -112,601 | -87,749 | 47,973 | 269,559 |
| Accruals and Deferred Income | 613,195 | 201,343 | 282,334 | 229,963 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 1 | 22,222 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -151,500 | 151,500 | 475,000 | 0 | 0 |
| Long term loans | 9,398,272 | 3,393,969 | 77,778 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -1,176,403 | 916,306 | 97,338 | -91,184 | 90,881 | 113,106 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,176,403 | 916,306 | 97,338 | -91,184 | 90,881 | 113,106 |
P&L
December 2022turnover
4m
+185%
operating profit
-5.8m
0%
gross margin
54.9%
-2.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-6.6m
+100.72%
total assets
8.4m
+1.01%
cash
41.2k
-0.97%
net assets
Total assets minus all liabilities
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chik'n limited company details
company number
10499976
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
146 freston road, london, W10 6TR
last accounts submitted
December 2022
chik'n 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 1 charges/mortgages relating to chik'n limited. Currently there are 1 open charges and 0 have been satisfied in the past.
chik'n limited Companies House Filings - See Documents
| date | description | view/download |
|---|
