louie's catering of essex and hertfordshire ltd

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louie's catering of essex and hertfordshire ltd Company Information

Share LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD

Company Number

11031459

Shareholders

stephanie piercey

Group Structure

View All

Industry

Take away food shops and mobile food stands

 

Registered Address

c/o valentine & co galley house, moon lane, barnet, EN5 5YL

Website

-

louie's catering of essex and hertfordshire ltd Estimated Valuation

£60.6k

Pomanda estimates the enterprise value of LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD at £60.6k based on a Turnover of £82.3k and 0.74x industry multiple (adjusted for size and gross margin).

louie's catering of essex and hertfordshire ltd Estimated Valuation

£44.9k

Pomanda estimates the enterprise value of LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD at £44.9k based on an EBITDA of £10.4k and a 4.33x industry multiple (adjusted for size and gross margin).

louie's catering of essex and hertfordshire ltd Estimated Valuation

£153

Pomanda estimates the enterprise value of LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD at £153 based on Net Assets of £58 and 2.65x industry multiple (adjusted for liquidity).

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Louie's Catering Of Essex And Hertfordshire Ltd Overview

Louie's Catering Of Essex And Hertfordshire Ltd is a live company located in barnet, EN5 5YL with a Companies House number of 11031459. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in October 2017, it's largest shareholder is stephanie piercey with a 100% stake. Louie's Catering Of Essex And Hertfordshire Ltd is a young, micro sized company, Pomanda has estimated its turnover at £82.3k with healthy growth in recent years.

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Louie's Catering Of Essex And Hertfordshire Ltd Health Check

Pomanda's financial health check has awarded Louie'S Catering Of Essex And Hertfordshire Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £82.3k, make it smaller than the average company (£169.9k)

£82.3k - Louie's Catering Of Essex And Hertfordshire Ltd

£169.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.9%)

6% - Louie's Catering Of Essex And Hertfordshire Ltd

7.9% - Industry AVG

production

Production

with a gross margin of 50.5%, this company has a comparable cost of product (50.5%)

50.5% - Louie's Catering Of Essex And Hertfordshire Ltd

50.5% - Industry AVG

profitability

Profitability

an operating margin of 11.3% make it more profitable than the average company (6.1%)

11.3% - Louie's Catering Of Essex And Hertfordshire Ltd

6.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Louie's Catering Of Essex And Hertfordshire Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £11.2k, the company has an equivalent pay structure (£11.2k)

£11.2k - Louie's Catering Of Essex And Hertfordshire Ltd

£11.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.2k, this is equally as efficient (£39.4k)

£41.2k - Louie's Catering Of Essex And Hertfordshire Ltd

£39.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Louie's Catering Of Essex And Hertfordshire Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 123 days, this is slower than average (18 days)

123 days - Louie's Catering Of Essex And Hertfordshire Ltd

18 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (4 days)

1 days - Louie's Catering Of Essex And Hertfordshire Ltd

4 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (35 weeks)

11 weeks - Louie's Catering Of Essex And Hertfordshire Ltd

35 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (83%)

99.8% - Louie's Catering Of Essex And Hertfordshire Ltd

83% - Industry AVG

LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD financials

EXPORTms excel logo

Louie'S Catering Of Essex And Hertfordshire Ltd's latest turnover from October 2022 is estimated at £82.3 thousand and the company has net assets of £58. According to their latest financial statements, Louie'S Catering Of Essex And Hertfordshire Ltd has 2 employees and maintains cash reserves of £7.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018
Turnover82,31227,13952,26169,61467,961
Other Income Or Grants00000
Cost Of Sales40,73213,40923,90728,02526,883
Gross Profit41,58013,73028,35441,58941,078
Admin Expenses32,24424,01225,96547,24733,501
Operating Profit9,336-10,2822,389-5,6587,577
Interest Payable20000
Interest Receivable8880802726
Pre-Tax Profit9,422-10,2022,469-5,6317,604
Tax-1,7900-4690-1,445
Profit After Tax7,632-10,2022,000-5,6316,159
Dividends Paid00000
Retained Profit7,632-10,2022,000-5,6316,159
Employee Costs22,49110,78221,78031,20833,128
Number Of Employees21233
EBITDA*10,373-8,8884,268-3,3179,037

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018
Tangible Assets2,1244,0705,4647,3433,994
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets2,1244,0705,4647,3433,994
Stock & work in progress200750500500800
Trade Debtors00002,179
Group Debtors00000
Misc Debtors23,62015,6453,60013,6760
Cash7,191605159,432977,001
misc current assets00000
total current assets31,01117,000163,53214,2739,980
total assets33,13521,070168,99621,61613,974
Bank overdraft460000
Bank loan00000
Trade Creditors 13,7362,9184,4532,638435
Group/Directors Accounts00140,75600
other short term finances00000
hp & lease commitments00000
other current liabilities18,29024,95320,12117,0646,521
total current liabilities32,07227,871165,33019,7026,956
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities350000
provisions9707731,0381,286759
total long term liabilities1,0057731,0381,286759
total liabilities33,07728,644166,36820,9887,715
net assets58-7,5742,6286286,259
total shareholders funds58-7,5742,6286286,259
Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018
Operating Activities
Operating Profit9,336-10,2822,389-5,6587,577
Depreciation1,0371,3941,8792,3411,460
Amortisation00000
Tax-1,7900-4690-1,445
Stock-5502500-300800
Debtors7,97512,045-10,07611,4972,179
Creditors10,818-1,5351,8152,203435
Accruals and Deferred Income-6,6634,8323,05710,5436,521
Deferred Taxes & Provisions197-265-248527759
Cash flow from operations5,510-18,15118,499-1,24112,328
Investing Activities
capital expenditure90900-5,690-5,454
Change in Investments00000
cash flow from investments90900-5,690-5,454
Financing Activities
Bank loans00000
Group/Directors Accounts0-140,756140,75600
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities350000
share issue0000100
interest8680802726
cash flow from financing121-140,676140,83627126
cash and cash equivalents
cash6,586-158,827159,335-6,9047,001
overdraft460000
change in cash6,540-158,827159,335-6,9047,001

louie's catering of essex and hertfordshire ltd 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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Louie's Catering Of Essex And Hertfordshire Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for louie's catering of essex and hertfordshire ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EN5 area or any other competitors across 12 key performance metrics.

louie's catering of essex and hertfordshire ltd Ownership

LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD group structure

Louie'S Catering Of Essex And Hertfordshire Ltd has no subsidiary companies.

Ultimate parent company

LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD

11031459

LOUIE'S CATERING OF ESSEX AND HERTFORDSHIRE LTD Shareholders

stephanie piercey 100%

louie's catering of essex and hertfordshire ltd directors

Louie'S Catering Of Essex And Hertfordshire Ltd currently has 1 director, Miss Stephanie Piercey serving since Oct 2017.

officercountryagestartendrole
Miss Stephanie PierceyUnited Kingdom34 years Oct 2017- Director

P&L

October 2022

turnover

82.3k

+203%

operating profit

9.3k

0%

gross margin

50.6%

-0.15%

turnover

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

Balance Sheet

October 2022

net assets

58

-1.01%

total assets

33.1k

+0.57%

cash

7.2k

+10.89%

net assets

Total assets minus all liabilities

louie's catering of essex and hertfordshire ltd company details

company number

11031459

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

incorporation date

October 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2022

previous names

N/A

accountant

-

auditor

-

address

c/o valentine & co galley house, moon lane, barnet, EN5 5YL

Bank

-

Legal Advisor

-

louie's catering of essex and hertfordshire 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 louie's catering of essex and hertfordshire ltd.

louie's catering of essex and hertfordshire 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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louie's catering of essex and hertfordshire ltd Companies House Filings - See Documents

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