classic cakes ltd
classic cakes ltd Company Information
Company Number
10598930
Next Accounts
Nov 2025
Industry
Other business support service activities n.e.c.
Shareholders
tracey anne pierce
ronald osworth pierce
Group Structure
View All
Contact
Registered Address
35 gorton road, stockport, SK5 6AZ
Website
classiccakes.orgclassic cakes ltd Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC CAKES LTD at £63.6k based on a Turnover of £162.9k and 0.39x industry multiple (adjusted for size and gross margin).
classic cakes ltd Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC CAKES LTD at £7.8k based on an EBITDA of £2.8k and a 2.78x industry multiple (adjusted for size and gross margin).
classic cakes ltd Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC CAKES LTD at £0 based on Net Assets of £-7.7k and 2.37x industry multiple (adjusted for liquidity).
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Classic Cakes Ltd Overview
Classic Cakes Ltd is a live company located in stockport, SK5 6AZ with a Companies House number of 10598930. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2017, it's largest shareholder is tracey anne pierce with a 50% stake. Classic Cakes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £162.9k with declining growth in recent years.
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Classic Cakes Ltd Health Check
Pomanda's financial health check has awarded Classic Cakes Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £162.9k, make it smaller than the average company (£3.9m)
- Classic Cakes Ltd
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (8.1%)
- Classic Cakes Ltd
8.1% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.2%)
- Classic Cakes Ltd
38.2% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (5.7%)
- Classic Cakes Ltd
5.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (23)
6 - Classic Cakes Ltd
23 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Classic Cakes Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £27.1k, this is less efficient (£153.3k)
- Classic Cakes Ltd
£153.3k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (38 days)
- Classic Cakes Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (33 days)
- Classic Cakes Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Classic Cakes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Classic Cakes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 157.8%, this is a higher level of debt than the average (60.3%)
157.8% - Classic Cakes Ltd
60.3% - Industry AVG
CLASSIC CAKES LTD financials
Classic Cakes Ltd's latest turnover from February 2024 is estimated at £162.9 thousand and the company has net assets of -£7.7 thousand. According to their latest financial statements, Classic Cakes Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 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 | 6 | 6 | 8 | 8 | 9 | 9 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,927 | 6,974 | 8,204 | 3,752 | 0 | 0 | 0 |
| 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 | 5,927 | 6,974 | 8,204 | 3,752 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,487 | 8,985 | 22,073 | 26,256 | 4,083 | 21,329 | 26,537 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,487 | 8,985 | 22,073 | 26,256 | 4,083 | 21,329 | 26,537 |
| total assets | 13,414 | 15,959 | 30,277 | 30,008 | 4,083 | 21,329 | 26,537 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,362 | 25,005 | 8,407 | 4,524 | 7,285 | 11,873 | 15,467 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 20,362 | 25,005 | 8,407 | 4,524 | 7,285 | 11,873 | 15,467 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 800 | 800 | 800 | 800 | 800 | 1,250 | 500 |
| other liabilities | 0 | 0 | 19,583 | 24,583 | 0 | 7,900 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 800 | 800 | 20,383 | 25,383 | 800 | 9,150 | 500 |
| total liabilities | 21,162 | 25,805 | 28,790 | 29,907 | 8,085 | 21,023 | 15,967 |
| net assets | -7,748 | -9,846 | 1,487 | 101 | -4,002 | 306 | 10,570 |
| total shareholders funds | -7,748 | -9,846 | 1,487 | 101 | -4,002 | 306 | 10,570 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | |||||
| Amortisation | 0 | 0 | |||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,498 | -13,088 | -4,183 | 22,173 | -17,246 | -5,208 | 26,537 |
| Creditors | -4,643 | 16,598 | 3,883 | -2,761 | -4,588 | -3,594 | 15,467 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -450 | 750 | 500 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -19,583 | -5,000 | 24,583 | -7,900 | 7,900 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
classic cakes ltd Credit Report and Business Information
Classic Cakes Ltd Competitor Analysis
Perform a competitor analysis for classic cakes ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SK5 area or any other competitors across 12 key performance metrics.
classic cakes ltd Ownership
CLASSIC CAKES LTD group structure
Classic Cakes Ltd has no subsidiary companies.
Ultimate parent company
CLASSIC CAKES LTD
10598930
classic cakes ltd directors
Classic Cakes Ltd currently has 2 directors. The longest serving directors include Mr Ronald Pierce (Feb 2017) and Mrs Tracey Pierce (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronald Pierce | England | 65 years | Feb 2017 | - | Director |
| Mrs Tracey Pierce | England | 63 years | Feb 2017 | - | Director |
P&L
February 2024turnover
162.9k
0%
operating profit
2.8k
0%
gross margin
17%
-3.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-7.7k
-0.21%
total assets
13.4k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
classic cakes ltd company details
company number
10598930
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
MORRIS ACCOUNTANCY SERVICES LTD
auditor
-
address
35 gorton road, stockport, SK5 6AZ
Bank
-
Legal Advisor
-
classic cakes 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 did not find charges/mortgages relating to classic cakes ltd.
classic cakes 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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classic cakes ltd Companies House Filings - See Documents
| date | description | view/download |
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