the pudding lab limited

the pudding lab limited Company Information

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Company Number

10574362

Industry

Manufacture of prepared meals and dishes

 

Shareholders

kian lian

ashley close

Group Structure

View All

Contact

Registered Address

154a high street, boston spa, leeds, LS23 6BW

the pudding lab limited Estimated Valuation

£90.1k

Pomanda estimates the enterprise value of THE PUDDING LAB LIMITED at £90.1k based on a Turnover of £282.9k and 0.32x industry multiple (adjusted for size and gross margin).

the pudding lab limited Estimated Valuation

£9.4k

Pomanda estimates the enterprise value of THE PUDDING LAB LIMITED at £9.4k based on an EBITDA of £3.7k and a 2.54x industry multiple (adjusted for size and gross margin).

the pudding lab limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE PUDDING LAB LIMITED at £0 based on Net Assets of £-59.7k and 1.99x industry multiple (adjusted for liquidity).

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The Pudding Lab Limited Overview

The Pudding Lab Limited is a live company located in leeds, LS23 6BW with a Companies House number of 10574362. It operates in the manufacture of prepared meals and dishes sector, SIC Code 10850. Founded in January 2017, it's largest shareholder is kian lian with a 50% stake. The Pudding Lab Limited is a young, micro sized company, Pomanda has estimated its turnover at £282.9k with high growth in recent years.

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The Pudding Lab Limited Health Check

Pomanda's financial health check has awarded The Pudding Lab Limited a 2 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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £282.9k, make it smaller than the average company (£20.9m)

£282.9k - The Pudding Lab Limited

£20.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (5.6%)

26% - The Pudding Lab Limited

5.6% - Industry AVG

production

Production

with a gross margin of 16%, this company has a higher cost of product (25.8%)

16% - The Pudding Lab Limited

25.8% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (2.5%)

1.3% - The Pudding Lab Limited

2.5% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (164)

5 - The Pudding Lab Limited

164 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.7k, the company has an equivalent pay structure (£29.7k)

£29.7k - The Pudding Lab Limited

£29.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.6k, this is less efficient (£119.9k)

£56.6k - The Pudding Lab Limited

£119.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (40 days)

7 days - The Pudding Lab Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 114 days, this is slower than average (45 days)

114 days - The Pudding Lab Limited

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Pudding Lab Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Pudding Lab Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 499.1%, this is a higher level of debt than the average (66.6%)

499.1% - The Pudding Lab Limited

66.6% - Industry AVG

THE PUDDING LAB LIMITED financials

EXPORTms excel logo

The Pudding Lab Limited's latest turnover from January 2023 is estimated at £282.9 thousand and the company has net assets of -£59.7 thousand. According to their latest financial statements, The Pudding Lab Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover282,944185,458155,901141,93024611,838
Other Income Or Grants000000
Cost Of Sales237,700160,085132,954112,2452029,722
Gross Profit45,24425,37322,94629,685442,116
Admin Expenses41,54353,97633,74719,78912,96120,528
Operating Profit3,701-28,603-10,8019,896-12,917-18,412
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit3,701-28,603-10,8019,896-12,917-18,412
Tax-70300-1,88000
Profit After Tax2,998-28,603-10,8018,016-12,917-18,412
Dividends Paid000000
Retained Profit2,998-28,603-10,8018,016-12,917-18,412
Employee Costs148,68182,77383,13080,55025,65224,182
Number Of Employees533311
EBITDA*3,701-28,603-10,8019,896-12,917-18,412

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets9,1849,9967,1589,92112,68416,576
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets9,1849,9967,1589,92112,68416,576
Stock & work in progress000000
Trade Debtors5,7792,485882,03601,896
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets5,7792,485882,03601,896
total assets14,96312,4817,24611,95712,68418,472
Bank overdraft000000
Bank loan000000
Trade Creditors 74,68275,19841,36035,216510
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities74,68275,19841,36035,216510
loans000000
hp & lease commitments000000
Accruals and Deferred Income00054540
other liabilities000043,90836,884
provisions000000
total long term liabilities0005443,96236,884
total liabilities74,68275,19841,36035,27044,01336,884
net assets-59,719-62,717-34,114-23,313-31,329-18,412
total shareholders funds-59,719-62,717-34,114-23,313-31,329-18,412
Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit3,701-28,603-10,8019,896-12,917-18,412
Depreciation000000
Amortisation000000
Tax-70300-1,88000
Stock000000
Debtors3,2942,397-1,9482,036-1,8961,896
Creditors-51633,8386,14435,165510
Accruals and Deferred Income00-540540
Deferred Taxes & Provisions000000
Cash flow from operations-8122,838-2,76341,145-10,916-20,308
Investing Activities
capital expenditure812-2,8382,7632,7633,892-16,576
Change in Investments000000
cash flow from investments812-2,8382,7632,7633,892-16,576
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000-43,9087,02436,884
share issue000000
interest000000
cash flow from financing000-43,9087,02436,884
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

the pudding lab limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Pudding Lab Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the pudding lab limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in LS23 area or any other competitors across 12 key performance metrics.

the pudding lab limited Ownership

THE PUDDING LAB LIMITED group structure

The Pudding Lab Limited has no subsidiary companies.

Ultimate parent company

THE PUDDING LAB LIMITED

10574362

THE PUDDING LAB LIMITED Shareholders

kian lian 50%
ashley close 50%

the pudding lab limited directors

The Pudding Lab Limited currently has 2 directors. The longest serving directors include Mr Ashley Close (Jan 2017) and Mr Kian Lian (Feb 2021).

officercountryagestartendrole
Mr Ashley CloseUnited Kingdom43 years Jan 2017- Director
Mr Kian LianEngland34 years Feb 2021- Director

P&L

January 2023

turnover

282.9k

+53%

operating profit

3.7k

0%

gross margin

16%

+16.88%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2023

net assets

-59.7k

-0.05%

total assets

15k

+0.2%

cash

0

0%

net assets

Total assets minus all liabilities

the pudding lab limited company details

company number

10574362

Type

Private limited with Share Capital

industry

10850 - Manufacture of prepared meals and dishes

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2023

previous names

the rural food company ltd (March 2021)

theruralfoodcompany ltd (January 2017)

accountant

-

auditor

-

address

154a high street, boston spa, leeds, LS23 6BW

Bank

-

Legal Advisor

-

the pudding lab 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 the pudding lab limited.

the pudding lab 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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the pudding lab limited Companies House Filings - See Documents

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