t-bone foods limited
t-bone foods limited Company Information
Company Number
10972647
Next Accounts
Dec 2024
Industry
Other food service activities
Directors
Shareholders
mr daniel adam brown
aimie may phillips
Group Structure
View All
Contact
Registered Address
169 union street, oldham, greater manchester, OL1 1TD
Website
-t-bone foods limited Estimated Valuation
Pomanda estimates the enterprise value of T-BONE FOODS LIMITED at £20.7k based on a Turnover of £61.5k and 0.34x industry multiple (adjusted for size and gross margin).
t-bone foods limited Estimated Valuation
Pomanda estimates the enterprise value of T-BONE FOODS LIMITED at £306 based on an EBITDA of £100 and a 3.06x industry multiple (adjusted for size and gross margin).
t-bone foods limited Estimated Valuation
Pomanda estimates the enterprise value of T-BONE FOODS LIMITED at £558 based on Net Assets of £197 and 2.84x industry multiple (adjusted for liquidity).
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T-bone Foods Limited Overview
T-bone Foods Limited is a dissolved company that was located in greater manchester, OL1 1TD with a Companies House number of 10972647. It operated in the other food services sector, SIC Code 56290. Founded in September 2017, it's largest shareholder was mr daniel adam brown with a 83.3% stake. The last turnover for T-bone Foods Limited was estimated at £61.5k.
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T-bone Foods Limited Health Check
Pomanda's financial health check has awarded T-Bone Foods Limited 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 £61.5k, make it smaller than the average company (£1.6m)
- T-bone Foods Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (-3.1%)
- T-bone Foods Limited
-3.1% - Industry AVG
Production
with a gross margin of 8.5%, this company has a higher cost of product (25.6%)
- T-bone Foods Limited
25.6% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (1.9%)
- T-bone Foods Limited
1.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (26)
2 - T-bone Foods Limited
26 - Industry AVG
Pay Structure
on an average salary of £20.1k, the company has an equivalent pay structure (£20.1k)
- T-bone Foods Limited
£20.1k - Industry AVG
Efficiency
resulting in sales per employee of £30.8k, this is less efficient (£66.8k)
- T-bone Foods Limited
£66.8k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (33 days)
- T-bone Foods Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (33 days)
- T-bone Foods Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- T-bone Foods Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - T-bone Foods Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.3%, this is a higher level of debt than the average (66.5%)
98.3% - T-bone Foods Limited
66.5% - Industry AVG
T-BONE FOODS LIMITED financials
T-Bone Foods Limited's latest turnover from September 2021 is estimated at £61.5 thousand and the company has net assets of £197. According to their latest financial statements, T-Bone Foods Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|
| Tangible Assets | 197 | 197 | 491 | 1,177 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 197 | 197 | 491 | 1,177 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,630 | 17,204 | 10,205 | 5,847 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 11,630 | 17,204 | 10,205 | 5,847 |
| total assets | 11,827 | 17,401 | 10,696 | 7,024 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,630 | 17,285 | 10,618 | 6,923 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 11,630 | 17,285 | 10,618 | 6,923 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 11,630 | 17,285 | 10,618 | 6,923 |
| net assets | 197 | 116 | 78 | 101 |
| total shareholders funds | 197 | 116 | 78 | 101 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -5,574 | 6,999 | 4,358 | 5,847 |
| Creditors | -5,655 | 6,667 | 3,695 | 6,923 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
t-bone foods limited Credit Report and Business Information
T-bone Foods Limited Competitor Analysis
Perform a competitor analysis for t-bone foods limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in OL1 area or any other competitors across 12 key performance metrics.
t-bone foods limited Ownership
T-BONE FOODS LIMITED group structure
T-Bone Foods Limited has no subsidiary companies.
Ultimate parent company
T-BONE FOODS LIMITED
10972647
t-bone foods limited directors
T-Bone Foods Limited currently has 1 director, Mr Daniel Brown serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Brown | England | 43 years | Sep 2017 | - | Director |
P&L
September 2021turnover
61.5k
-38%
operating profit
100
0%
gross margin
8.5%
-28.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
197
+0.7%
total assets
11.8k
-0.32%
cash
0
0%
net assets
Total assets minus all liabilities
t-bone foods limited company details
company number
10972647
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2021
previous names
N/A
accountant
-
auditor
-
address
169 union street, oldham, greater manchester, OL1 1TD
Bank
-
Legal Advisor
-
t-bone foods 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 t-bone foods limited.
t-bone foods 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.
Click to start generating capital raising & share issue transactions for T-BONE FOODS LIMITED. This can take several minutes, an email will notify you when this has completed.
t-bone foods limited Companies House Filings - See Documents
| date | description | view/download |
|---|
