worsley gin ltd
worsley gin ltd Company Information
Company Number
10782771
Next Accounts
15 days late
Directors
Shareholders
andrew niedzwiecki
Group Structure
View All
Industry
Wholesale of wine, beer, spirits and other alcoholic beverages
+3Registered Address
7, brindley house 1 waters way, worsley, manchester, M28 2AG
Website
worsleygin.co.ukworsley gin ltd Estimated Valuation
Pomanda estimates the enterprise value of WORSLEY GIN LTD at £37.5k based on a Turnover of £122.2k and 0.31x industry multiple (adjusted for size and gross margin).
worsley gin ltd Estimated Valuation
Pomanda estimates the enterprise value of WORSLEY GIN LTD at £0 based on an EBITDA of £-2.6k and a 3.03x industry multiple (adjusted for size and gross margin).
worsley gin ltd Estimated Valuation
Pomanda estimates the enterprise value of WORSLEY GIN LTD at £0 based on Net Assets of £-33.7k and 2.04x industry multiple (adjusted for liquidity).
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Worsley Gin Ltd Overview
Worsley Gin Ltd is a live company located in manchester, M28 2AG with a Companies House number of 10782771. It operates in the wholesale of wine, beer, spirits and other alcoholic beverages sector, SIC Code 46342. Founded in May 2017, it's largest shareholder is andrew niedzwiecki with a 100% stake. Worsley Gin Ltd is a young, micro sized company, Pomanda has estimated its turnover at £122.2k with rapid growth in recent years.
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Worsley Gin Ltd Health Check
Pomanda's financial health check has awarded Worsley Gin 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 £122.2k, make it smaller than the average company (£7.2m)
- Worsley Gin Ltd
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (6.6%)
- Worsley Gin Ltd
6.6% - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (37.7%)
- Worsley Gin Ltd
37.7% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (5.1%)
- Worsley Gin Ltd
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Worsley Gin Ltd
18 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)
- Worsley Gin Ltd
£25.7k - Industry AVG
Efficiency
resulting in sales per employee of £122.2k, this is less efficient (£242.2k)
- Worsley Gin Ltd
£242.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (28 days)
- Worsley Gin Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 172 days, this is slower than average (37 days)
- Worsley Gin Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Worsley Gin Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Worsley Gin Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 293.7%, this is a higher level of debt than the average (65.6%)
293.7% - Worsley Gin Ltd
65.6% - Industry AVG
WORSLEY GIN LTD financials
Worsley Gin Ltd's latest turnover from May 2023 is estimated at £122.2 thousand and the company has net assets of -£33.7 thousand. According to their latest financial statements, Worsley Gin Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,900 | 3,169 | 3,842 | 4,149 | 4,216 | 5,274 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 2,900 | 3,169 | 3,842 | 4,149 | 4,216 | 5,274 |
| Stock & work in progress | 7,000 | 17,100 | 19,200 | 10,902 | ||
| Trade Debtors | 14,515 | 11,216 | 182 | 359 | 2,736 | |
| Group Debtors | ||||||
| Misc Debtors | 9,478 | 6,844 | 4,839 | 5,163 | ||
| Cash | 3,296 | 1,926 | ||||
| misc current assets | ||||||
| total current assets | 14,515 | 11,216 | 19,774 | 24,126 | 24,398 | 20,727 |
| total assets | 17,415 | 14,385 | 23,616 | 28,275 | 28,614 | 26,001 |
| Bank overdraft | 387 | 105 | ||||
| Bank loan | ||||||
| Trade Creditors | 42,196 | 34,205 | ||||
| Group/Directors Accounts | 52,511 | 53,594 | 47,864 | 34,316 | ||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 1,760 | 1,060 | 1,000 | 950 | ||
| total current liabilities | 42,196 | 34,205 | 54,271 | 55,041 | 48,969 | 35,266 |
| loans | 11,500 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 1,288 | 1,300 | ||||
| other liabilities | 7,667 | 9,967 | ||||
| provisions | ||||||
| total long term liabilities | 8,955 | 11,267 | 11,500 | |||
| total liabilities | 51,151 | 45,472 | 65,771 | 55,041 | 48,969 | 35,266 |
| net assets | -33,736 | -31,087 | -42,155 | -26,766 | -20,355 | -9,265 |
| total shareholders funds | -33,736 | -31,087 | -42,155 | -26,766 | -20,355 | -9,265 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 790 | 955 | 984 | 1,058 | 1,310 | |
| Amortisation | ||||||
| Tax | ||||||
| Stock | -7,000 | -10,100 | -2,100 | 8,298 | 10,902 | |
| Debtors | 3,299 | 1,738 | 2,452 | 1,828 | -2,701 | 7,899 |
| Creditors | 7,991 | 34,205 | ||||
| Accruals and Deferred Income | -12 | -460 | 700 | 60 | 50 | 950 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -52,511 | -1,083 | 5,730 | 13,548 | 34,316 | |
| Other Short Term Loans | ||||||
| Long term loans | -11,500 | 11,500 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -2,300 | 9,967 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -3,296 | 3,296 | -1,926 | 1,926 | ||
| overdraft | -387 | 282 | 105 | |||
| change in cash | -3,296 | 3,683 | -282 | -2,031 | 1,926 |
worsley gin ltd Credit Report and Business Information
Worsley Gin Ltd Competitor Analysis
Perform a competitor analysis for worsley gin ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in M28 area or any other competitors across 12 key performance metrics.
worsley gin ltd Ownership
WORSLEY GIN LTD group structure
Worsley Gin Ltd has no subsidiary companies.
Ultimate parent company
WORSLEY GIN LTD
10782771
worsley gin ltd directors
Worsley Gin Ltd currently has 1 director, Mr Andrew Niedzwiecki serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Niedzwiecki | England | 44 years | May 2017 | - | Director |
P&L
May 2023turnover
122.2k
+40%
operating profit
-2.6k
0%
gross margin
27.2%
+16.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-33.7k
+0.09%
total assets
17.4k
+0.21%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
worsley gin ltd company details
company number
10782771
Type
Private limited with Share Capital
industry
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
47810 - Retail sale via stalls and markets of food, beverages and tobacco products
47250 - Retail sale of beverages in specialised stores
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
APM ASSOCIATES LTD
auditor
-
address
7, brindley house 1 waters way, worsley, manchester, M28 2AG
Bank
-
Legal Advisor
-
worsley gin 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 worsley gin ltd.
worsley gin 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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worsley gin ltd Companies House Filings - See Documents
| date | description | view/download |
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