in good company brewing ltd
in good company brewing ltd Company Information
Company Number
11065849
Next Accounts
539 days late
Shareholders
odyssey inns limited
Group Structure
View All
Industry
Retail sale of beverages in specialised stores
+2Registered Address
unit 22 bermondsey trading estat, rotherhithe new road, london, SE16 3LL
Website
http://aspiringpoint.comin good company brewing ltd Estimated Valuation
Pomanda estimates the enterprise value of IN GOOD COMPANY BREWING LTD at £773.1k based on a Turnover of £1m and 0.74x industry multiple (adjusted for size and gross margin).
in good company brewing ltd Estimated Valuation
Pomanda estimates the enterprise value of IN GOOD COMPANY BREWING LTD at £0 based on an EBITDA of £-20.3m and a 5.42x industry multiple (adjusted for size and gross margin).
in good company brewing ltd Estimated Valuation
Pomanda estimates the enterprise value of IN GOOD COMPANY BREWING LTD at £0 based on Net Assets of £-15.2m and 1.86x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
In Good Company Brewing Ltd Overview
In Good Company Brewing Ltd is a live company located in london, SE16 3LL with a Companies House number of 11065849. It operates in the manufacture of beer sector, SIC Code 11050. Founded in November 2017, it's largest shareholder is odyssey inns limited with a 100% stake. In Good Company Brewing Ltd is a young, small sized company, Pomanda has estimated its turnover at £1m with rapid growth in recent years.
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In Good Company Brewing Ltd Health Check
Pomanda's financial health check has awarded In Good Company Brewing Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £1m, make it smaller than the average company (£10.3m)
£1m - In Good Company Brewing Ltd
£10.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (-5.8%)
32% - In Good Company Brewing Ltd
-5.8% - Industry AVG
Production
with a gross margin of 72.7%, this company has a lower cost of product (24.8%)
72.7% - In Good Company Brewing Ltd
24.8% - Industry AVG
Profitability
an operating margin of -1958.3% make it less profitable than the average company (-0.9%)
-1958.3% - In Good Company Brewing Ltd
-0.9% - Industry AVG
Employees
with 40 employees, this is below the industry average (51)
40 - In Good Company Brewing Ltd
51 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has a higher pay structure (£30.5k)
£42.8k - In Good Company Brewing Ltd
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £26.1k, this is less efficient (£262.9k)
£26.1k - In Good Company Brewing Ltd
£262.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (37 days)
0 days - In Good Company Brewing Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 266 days, this is slower than average (51 days)
266 days - In Good Company Brewing Ltd
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - In Good Company Brewing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - In Good Company Brewing Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 773.1%, this is a higher level of debt than the average (66%)
773.1% - In Good Company Brewing Ltd
66% - Industry AVG
IN GOOD COMPANY BREWING LTD financials
In Good Company Brewing Ltd's latest turnover from December 2021 is £1 million and the company has net assets of -£15.2 million. According to their latest financial statements, In Good Company Brewing Ltd has 40 employees and maintains cash reserves of £694.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|
| Turnover | 1,043,266 | 380,066 | 1,166,398 | 450,023 |
| Other Income Or Grants | ||||
| Cost Of Sales | 284,560 | 112,497 | 463,896 | 587,675 |
| Gross Profit | 758,706 | 267,569 | 702,502 | -137,652 |
| Admin Expenses | 21,188,608 | 4,277,298 | 2,070,625 | 414,402 |
| Operating Profit | -20,429,902 | -4,009,729 | -1,368,123 | -552,054 |
| Interest Payable | 244,306 | 386,890 | 824,091 | 232,443 |
| Interest Receivable | 113,869 | 120,683 | 36,986 | |
| Pre-Tax Profit | -20,560,339 | -53,278,917 | -2,192,214 | -747,511 |
| Tax | ||||
| Profit After Tax | -20,560,339 | -53,278,917 | -2,192,214 | -747,511 |
| Dividends Paid | ||||
| Retained Profit | -20,560,339 | -53,278,917 | -2,192,214 | -747,511 |
| Employee Costs | 1,710,517 | 2,202,770 | 1,065,478 | 262,569 |
| Number Of Employees | 40 | 33 | 31 | 3 |
| EBITDA* | -20,288,142 | -3,810,928 | -1,184,996 | -552,054 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|
| Tangible Assets | 1,211,488 | 1,231,136 | 2,186,668 | 622,548 |
| Intangible Assets | ||||
| Investments & Other | 49,002,981 | 22,541,828 | ||
| Debtors (Due After 1 year) | 163,919 | 15,877,749 | 12,227,315 | |
| Total Fixed Assets | 1,375,407 | 17,108,885 | 63,416,964 | 23,164,376 |
| Stock & work in progress | ||||
| Trade Debtors | 2,700 | 11,960 | 39,824 | |
| Group Debtors | 4,593,578 | |||
| Misc Debtors | 184,233 | 67,385 | 165,281 | 224,663 |
| Cash | 694,756 | 1,837,308 | 4,679,026 | 2,149,056 |
| misc current assets | ||||
| total current assets | 881,689 | 1,904,693 | 4,856,267 | 7,007,121 |
| total assets | 2,257,096 | 19,013,578 | 68,273,231 | 30,171,497 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 207,689 | 9,625,809 | 168,755 | |
| Group/Directors Accounts | 12,895,451 | 11,777,084 | 28,980,546 | |
| other short term finances | 3,410,887 | 500,000 | 1,666,667 | |
| hp & lease commitments | ||||
| other current liabilities | 872,719 | 1,367,989 | 103,039 | |
| total current liabilities | 17,386,746 | 13,645,073 | 9,625,809 | 30,919,007 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 62,184 | |||
| total long term liabilities | 62,184 | |||
| total liabilities | 17,448,930 | 13,645,073 | 9,625,809 | 30,919,007 |
| net assets | -15,191,834 | 5,368,505 | 58,647,422 | -747,510 |
| total shareholders funds | -15,191,834 | 5,368,505 | 58,647,422 | -747,510 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -20,429,902 | -4,009,729 | -1,368,123 | -552,054 |
| Depreciation | 141,760 | 198,801 | 183,127 | |
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -15,594,282 | 3,540,578 | 7,546,491 | 4,858,065 |
| Creditors | 207,689 | -9,625,809 | 9,457,054 | 168,755 |
| Accruals and Deferred Income | -495,270 | 1,367,989 | -103,039 | 103,039 |
| Deferred Taxes & Provisions | 62,184 | |||
| Cash flow from operations | -4,919,257 | -15,609,326 | 622,528 | -5,138,325 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -49,002,981 | 26,461,153 | 22,541,828 | |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 1,118,367 | 11,777,084 | -28,980,546 | 28,980,546 |
| Other Short Term Loans | 2,910,887 | 500,000 | -1,666,667 | 1,666,667 |
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | -130,437 | -266,207 | -824,091 | -195,457 |
| cash flow from financing | 3,898,817 | 12,010,877 | 30,115,842 | 30,451,757 |
| cash and cash equivalents | ||||
| cash | -1,142,552 | -2,841,718 | 2,529,970 | 2,149,056 |
| overdraft | ||||
| change in cash | -1,142,552 | -2,841,718 | 2,529,970 | 2,149,056 |
in good company brewing ltd Credit Report and Business Information
In Good Company Brewing Ltd Competitor Analysis
Perform a competitor analysis for in good company brewing ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SE16 area or any other competitors across 12 key performance metrics.
in good company brewing ltd Ownership
IN GOOD COMPANY BREWING LTD group structure
In Good Company Brewing Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
IN GOOD COMPANY BREWING LTD
11065849
2 subsidiaries
in good company brewing ltd directors
In Good Company Brewing Ltd currently has 4 directors. The longest serving directors include Mr Toby Knowles (Sep 2019) and Mr Triston King (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Toby Knowles | England | 50 years | Sep 2019 | - | Director |
| Mr Triston King | 50 years | Sep 2019 | - | Director | |
| Mr Nathan Burkey | England | 51 years | Aug 2022 | - | Director |
| Mr Stephen Cox | England | 53 years | Aug 2022 | - | Director |
P&L
December 2021turnover
1m
+174%
operating profit
-20.4m
+410%
gross margin
72.8%
+3.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-15.2m
-3.83%
total assets
2.3m
-0.88%
cash
694.8k
-0.62%
net assets
Total assets minus all liabilities
in good company brewing ltd company details
company number
11065849
Type
Private limited with Share Capital
industry
11050 - Manufacture of beer
47250 - Retail sale of beverages in specialised stores
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2021
previous names
lion-beer, spirits & wine (uk) ltd (August 2022)
accountant
-
auditor
KPMG LLP
address
unit 22 bermondsey trading estat, rotherhithe new road, london, SE16 3LL
Bank
-
Legal Advisor
-
in good company brewing 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 found 1 charges/mortgages relating to in good company brewing ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
in good company brewing 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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in good company brewing ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
