tilly's coffee ltd
tilly's coffee ltd Company Information
Company Number
10708800
Next Accounts
Sep 2025
Industry
Other food service activities
Shareholders
north west coffee limited
Group Structure
View All
Contact
Registered Address
suite b 2nd floor garden place, 4 - 12 victoria street, altrincham, cheshire, WA14 1ET
Website
tilleysbakery.co.uktilly's coffee ltd Estimated Valuation
Pomanda estimates the enterprise value of TILLY'S COFFEE LTD at £11.3m based on a Turnover of £10.4m and 1.09x industry multiple (adjusted for size and gross margin).
tilly's coffee ltd Estimated Valuation
Pomanda estimates the enterprise value of TILLY'S COFFEE LTD at £4.3m based on an EBITDA of £433.8k and a 9.89x industry multiple (adjusted for size and gross margin).
tilly's coffee ltd Estimated Valuation
Pomanda estimates the enterprise value of TILLY'S COFFEE LTD at £0 based on Net Assets of £-1.6m and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tilly's Coffee Ltd Overview
Tilly's Coffee Ltd is a live company located in altrincham, WA14 1ET with a Companies House number of 10708800. It operates in the other food services sector, SIC Code 56290. Founded in April 2017, it's largest shareholder is north west coffee limited with a 100% stake. Tilly's Coffee Ltd is a young, mid sized company, Pomanda has estimated its turnover at £10.4m with rapid growth in recent years.
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Tilly's Coffee Ltd Health Check
Pomanda's financial health check has awarded Tilly'S Coffee Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £10.4m, make it larger than the average company (£3.7m)
£10.4m - Tilly's Coffee Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 277%, show it is growing at a faster rate (10.4%)
- Tilly's Coffee Ltd
10.4% - Industry AVG
Production
with a gross margin of 61.3%, this company has a lower cost of product (25.3%)
61.3% - Tilly's Coffee Ltd
25.3% - Industry AVG
Profitability
an operating margin of -7% make it less profitable than the average company (2.9%)
-7% - Tilly's Coffee Ltd
2.9% - Industry AVG
Employees
with 155 employees, this is above the industry average (32)
155 - Tilly's Coffee Ltd
32 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has a lower pay structure (£26.4k)
£19.2k - Tilly's Coffee Ltd
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £67.1k, this is equally as efficient (£77.1k)
£67.1k - Tilly's Coffee Ltd
£77.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (31 days)
0 days - Tilly's Coffee Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 87 days, this is slower than average (34 days)
87 days - Tilly's Coffee Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (12 days)
5 days - Tilly's Coffee Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (18 weeks)
8 weeks - Tilly's Coffee Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.6%, this is a higher level of debt than the average (67.5%)
120.6% - Tilly's Coffee Ltd
67.5% - Industry AVG
TILLY'S COFFEE LTD financials
Tilly'S Coffee Ltd's latest turnover from December 2023 is £10.4 million and the company has net assets of -£1.6 million. According to their latest financial statements, Tilly'S Coffee Ltd has 155 employees and maintains cash reserves of £526.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 10,401,370 | 8,436,284 | |||||
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 4,025,124 | 3,154,902 | |||||
| Gross Profit | 6,376,246 | 5,281,382 | |||||
| Admin Expenses | 7,107,993 | 5,782,152 | |||||
| Operating Profit | -731,747 | -500,770 | |||||
| Interest Payable | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | -731,747 | -407,113 | |||||
| Tax | 6,023 | 47,067 | |||||
| Profit After Tax | -725,724 | -360,046 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | -725,724 | -360,046 | |||||
| Employee Costs | 2,976,703 | 2,578,008 | |||||
| Number Of Employees | 155 | 159 | 6 | 8 | 7 | 5 | |
| EBITDA* | 433,789 | 421,042 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,094,454 | 1,488,833 | 10,309 | 38,325 | 53,999 | 52,206 | 59,146 |
| Intangible Assets | 5,717,067 | 6,426,364 | 0 | 0 | 19,450 | 16,342 | 18,192 |
| Investments & Other | 0 | 0 | 3,459,369 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,811,521 | 7,915,197 | 3,469,678 | 38,325 | 73,449 | 68,548 | 77,338 |
| Stock & work in progress | 62,033 | 66,005 | 0 | 0 | 980 | 1,698 | 5,797 |
| Trade Debtors | 722 | 11,104 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 430 | 0 | 0 | 0 | 22 | 91 | 0 |
| Misc Debtors | 317,017 | 214,478 | 61,584 | 1,968 | 26,685 | 21,910 | 32,600 |
| Cash | 526,506 | 464,505 | 30,237 | 2,743 | 6,533 | 2,826 | 24,437 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 906,708 | 756,092 | 91,821 | 4,711 | 34,220 | 26,525 | 62,834 |
| total assets | 7,718,229 | 8,671,289 | 3,561,499 | 43,036 | 107,669 | 95,073 | 140,172 |
| Bank overdraft | 0 | 0 | 0 | 31,118 | 13,792 | 35,508 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 968,948 | 404,104 | 20,587 | 4,975 | 15,168 | 9,372 | 19,036 |
| Group/Directors Accounts | 1,450,769 | 1,531,265 | 1,045,668 | 0 | 296,821 | 140,166 | 129,849 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 641,163 | 1,146,824 | 2,125 | 6,490 | 20,770 | 14,567 | 15,612 |
| total current liabilities | 3,060,880 | 3,082,193 | 1,068,380 | 42,583 | 346,551 | 199,613 | 164,497 |
| loans | 6,250,000 | 6,450,000 | 3,000,000 | 318,157 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 9,905 | 11,521 | 13,271 | 15,021 |
| provisions | 0 | 6,023 | 0 | 0 | 8,295 | 0 | 0 |
| total long term liabilities | 6,250,000 | 6,456,023 | 3,000,000 | 328,062 | 19,816 | 13,271 | 15,021 |
| total liabilities | 9,310,880 | 9,538,216 | 4,068,380 | 370,645 | 366,367 | 212,884 | 179,518 |
| net assets | -1,592,651 | -866,927 | -506,881 | -327,609 | -258,698 | -117,811 | -39,346 |
| total shareholders funds | -1,592,651 | -866,927 | -506,881 | -327,609 | -258,698 | -117,811 | -39,346 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -731,747 | -500,770 | |||||
| Depreciation | 456,239 | 455,529 | 0 | 15,674 | 13,182 | 12,081 | 1,714 |
| Amortisation | 709,297 | 466,283 | 0 | -4,050 | 1,892 | 1,850 | 308 |
| Tax | 6,023 | 47,067 | |||||
| Stock | -3,972 | 66,005 | 0 | -980 | -718 | -4,099 | 5,797 |
| Debtors | 92,587 | 163,998 | 59,616 | -24,739 | 4,706 | -10,599 | 32,600 |
| Creditors | 564,844 | 383,517 | 15,612 | -10,193 | 5,796 | -9,664 | 19,036 |
| Accruals and Deferred Income | -505,661 | 1,144,699 | -4,365 | -14,280 | 6,203 | -1,045 | 15,612 |
| Deferred Taxes & Provisions | -6,023 | 6,023 | 0 | -8,295 | 8,295 | 0 | 0 |
| Cash flow from operations | 404,357 | 1,772,345 | |||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | -3,459,369 | 3,459,369 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -80,496 | 485,597 | 1,045,668 | -296,821 | 156,655 | 10,317 | 129,849 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -200,000 | 3,450,000 | 2,681,843 | 318,157 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -9,905 | -1,616 | -1,750 | -1,750 | 15,021 |
| share issue | |||||||
| interest | 0 | 0 | |||||
| cash flow from financing | -280,496 | 3,935,597 | |||||
| cash and cash equivalents | |||||||
| cash | 62,001 | 434,268 | 27,494 | -3,790 | 3,707 | -21,611 | 24,437 |
| overdraft | 0 | 0 | -31,118 | 17,326 | -21,716 | 35,508 | 0 |
| change in cash | 62,001 | 434,268 | 58,612 | -21,116 | 25,423 | -57,119 | 24,437 |
tilly's coffee ltd Credit Report and Business Information
Tilly's Coffee Ltd Competitor Analysis
Perform a competitor analysis for tilly's coffee ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in WA14 area or any other competitors across 12 key performance metrics.
tilly's coffee ltd Ownership
TILLY'S COFFEE LTD group structure
Tilly'S Coffee Ltd has 2 subsidiary companies.
Ultimate parent company
2 parents
TILLY'S COFFEE LTD
10708800
2 subsidiaries
tilly's coffee ltd directors
Tilly'S Coffee Ltd currently has 2 directors. The longest serving directors include Ms Tracy Vardy (Apr 2017) and Mr Simon Vardy (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Tracy Vardy | England | 49 years | Apr 2017 | - | Director |
| Mr Simon Vardy | 55 years | Apr 2017 | - | Director |
P&L
December 2023turnover
10.4m
+23%
operating profit
-731.7k
+46%
gross margin
61.4%
-2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.6m
+0.84%
total assets
7.7m
-0.11%
cash
526.5k
+0.13%
net assets
Total assets minus all liabilities
tilly's coffee ltd company details
company number
10708800
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
tilly's bakery ltd (August 2021)
accountant
-
auditor
XEINADIN AUDIT LIMITED
address
suite b 2nd floor garden place, 4 - 12 victoria street, altrincham, cheshire, WA14 1ET
Bank
-
Legal Advisor
-
tilly's coffee 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 tilly's coffee ltd.
tilly's coffee 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.
Click to start generating capital raising & share issue transactions for TILLY'S COFFEE LTD. This can take several minutes, an email will notify you when this has completed.
tilly's coffee ltd Companies House Filings - See Documents
| date | description | view/download |
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