fun-kay cake and catering services limited

1

fun-kay cake and catering services limited Company Information

Share FUN-KAY CAKE AND CATERING SERVICES LIMITED
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Company Number

10667305

Website

-

Registered Address

44 lozells road, birmingham, B19 2TH

Industry

Other food service activities

 

Event catering activities

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

View All

Directors

Abosede Kayode7 Years

Shareholders

abosede kayode 100%

fun-kay cake and catering services limited Estimated Valuation

£14.5k

Pomanda estimates the enterprise value of FUN-KAY CAKE AND CATERING SERVICES LIMITED at £14.5k based on a Turnover of £36.1k and 0.4x industry multiple (adjusted for size and gross margin).

fun-kay cake and catering services limited Estimated Valuation

£4.5k

Pomanda estimates the enterprise value of FUN-KAY CAKE AND CATERING SERVICES LIMITED at £4.5k based on an EBITDA of £1.3k and a 3.5x industry multiple (adjusted for size and gross margin).

fun-kay cake and catering services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FUN-KAY CAKE AND CATERING SERVICES LIMITED at £0 based on Net Assets of £-11.9k and 2.9x industry multiple (adjusted for liquidity).

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Fun-kay Cake And Catering Services Limited Overview

Fun-kay Cake And Catering Services Limited is a live company located in birmingham, B19 2TH with a Companies House number of 10667305. It operates in the other food services sector, SIC Code 56290. Founded in March 2017, it's largest shareholder is abosede kayode with a 100% stake. Fun-kay Cake And Catering Services Limited is a young, micro sized company, Pomanda has estimated its turnover at £36.1k with healthy growth in recent years.

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Fun-kay Cake And Catering Services Limited Health Check

Pomanda's financial health check has awarded Fun-Kay Cake And Catering Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £36.1k, make it smaller than the average company (£1.2m)

£36.1k - Fun-kay Cake And Catering Services Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a similar rate (13.1%)

15% - Fun-kay Cake And Catering Services Limited

13.1% - Industry AVG

production

Production

with a gross margin of 17.3%, this company has a higher cost of product (33.2%)

17.3% - Fun-kay Cake And Catering Services Limited

33.2% - Industry AVG

profitability

Profitability

an operating margin of 3.6% make it less profitable than the average company (4.8%)

3.6% - Fun-kay Cake And Catering Services Limited

4.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (19)

4 - Fun-kay Cake And Catering Services Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)

£21.8k - Fun-kay Cake And Catering Services Limited

£21.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £9k, this is less efficient (£64.2k)

£9k - Fun-kay Cake And Catering Services Limited

£64.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (31 days)

4 days - Fun-kay Cake And Catering Services Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (29 days)

3 days - Fun-kay Cake And Catering Services Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fun-kay Cake And Catering Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fun-kay Cake And Catering Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 174%, this is a higher level of debt than the average (73.4%)

174% - Fun-kay Cake And Catering Services Limited

73.4% - Industry AVG

FUN-KAY CAKE AND CATERING SERVICES LIMITED financials

EXPORTms excel logo

Fun-Kay Cake And Catering Services Limited's latest turnover from March 2024 is estimated at £36.1 thousand and the company has net assets of -£11.9 thousand. According to their latest financial statements, Fun-Kay Cake And Catering Services Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover36,09026,88025,05823,8718,3331,588423
Other Income Or Grants0000000
Cost Of Sales29,82922,22521,95921,7257,0081,332346
Gross Profit6,2614,6553,0992,1461,32525677
Admin Expenses4,9816,9355,4384,9385,1871,049898
Operating Profit1,280-2,280-2,339-2,792-3,862-793-821
Interest Payable0000000
Interest Receivable0000021
Pre-Tax Profit1,280-2,280-2,339-2,792-3,862-791-820
Tax-320000000
Profit After Tax960-2,280-2,339-2,792-3,862-791-820
Dividends Paid0000000
Retained Profit960-2,280-2,339-2,792-3,862-791-820
Employee Costs87,31759,78774,45171,25718,41318,61619,383
Number Of Employees4344111
EBITDA*1,280-2,280-2,339-2,792-3,862-793-821

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets15,6735,9467,4763,2493,8621,8370
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets15,6735,9467,4763,2493,8621,8370
Stock & work in progress0000000
Trade Debtors4291,5828874172232840
Group Debtors0000000
Misc Debtors0000000
Cash000000428
misc current assets0000000
total current assets4291,582887417223284428
total assets16,1027,5288,3633,6664,0852,121428
Bank overdraft0000000
Bank loan0000000
Trade Creditors 250250250250250250100
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities250250250250250250100
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities27,77620,16218,71711,6819,3083,4821,048
provisions0000000
total long term liabilities27,77620,16218,71711,6819,3083,4821,048
total liabilities28,02620,41218,96711,9319,5583,7321,148
net assets-11,924-12,884-10,604-8,265-5,473-1,611-720
total shareholders funds-11,924-12,884-10,604-8,265-5,473-1,611-720
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit1,280-2,280-2,339-2,792-3,862-793-821
Depreciation0000000
Amortisation0000000
Tax-320000000
Stock0000000
Debtors-1,153695470194-612840
Creditors00000150100
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations2,113-2,975-2,809-2,986-3,801-927-721
Investing Activities
capital expenditure-9,7271,530-4,227613-2,025-1,8370
Change in Investments0000000
cash flow from investments-9,7271,530-4,227613-2,025-1,8370
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities7,6141,4457,0362,3735,8262,4341,048
share issue00000-100100
interest0000021
cash flow from financing7,6141,4457,0362,3735,8262,3361,149
cash and cash equivalents
cash00000-428428
overdraft0000000
change in cash00000-428428

fun-kay cake and catering services 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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Fun-kay Cake And Catering Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fun-kay cake and catering services limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B19 area or any other competitors across 12 key performance metrics.

fun-kay cake and catering services limited Ownership

FUN-KAY CAKE AND CATERING SERVICES LIMITED group structure

Fun-Kay Cake And Catering Services Limited has no subsidiary companies.

Ultimate parent company

FUN-KAY CAKE AND CATERING SERVICES LIMITED

10667305

FUN-KAY CAKE AND CATERING SERVICES LIMITED Shareholders

abosede kayode 100%

fun-kay cake and catering services limited directors

Fun-Kay Cake And Catering Services Limited currently has 1 director, Mrs Abosede Kayode serving since Mar 2017.

officercountryagestartendrole
Mrs Abosede KayodeEngland51 years Mar 2017- Director

P&L

March 2024

turnover

36.1k

+34%

operating profit

1.3k

0%

gross margin

17.4%

+0.18%

turnover

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

Balance Sheet

March 2024

net assets

-11.9k

-0.07%

total assets

16.1k

+1.14%

cash

0

0%

net assets

Total assets minus all liabilities

fun-kay cake and catering services limited company details

company number

10667305

Type

Private limited with Share Capital

industry

56290 - Other food service activities

56210 - Event catering activities

incorporation date

March 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

44 lozells road, birmingham, B19 2TH

Bank

-

Legal Advisor

-

fun-kay cake and catering services 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 fun-kay cake and catering services limited.

charges

fun-kay cake and catering services limited Companies House Filings - See Documents

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