cheff ltd
cheff ltd Company Information
Company Number
11249723
Next Accounts
704 days late
Industry
Unlicensed restaurants and cafes
Directors
Shareholders
adam james sinnott
Group Structure
View All
Contact
Registered Address
10 milton court, ravenshead, nottingham, NG15 9BD
Website
www.cheff.co.ukcheff ltd Estimated Valuation
Pomanda estimates the enterprise value of CHEFF LTD at £223.9k based on a Turnover of £231.7k and 0.97x industry multiple (adjusted for size and gross margin).
cheff ltd Estimated Valuation
Pomanda estimates the enterprise value of CHEFF LTD at £1k based on an EBITDA of £208 and a 4.89x industry multiple (adjusted for size and gross margin).
cheff ltd Estimated Valuation
Pomanda estimates the enterprise value of CHEFF LTD at £0 based on Net Assets of £-37k and 3.47x industry multiple (adjusted for liquidity).
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Cheff Ltd Overview
Cheff Ltd is a live company located in nottingham, NG15 9BD with a Companies House number of 11249723. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in March 2018, it's largest shareholder is adam james sinnott with a 100% stake. Cheff Ltd is a young, micro sized company, Pomanda has estimated its turnover at £231.7k with unknown growth in recent years.
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Cheff Ltd Health Check
Pomanda's financial health check has awarded Cheff Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £231.7k, make it smaller than the average company (£527.2k)
- Cheff Ltd
£527.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cheff Ltd
- - Industry AVG
Production
with a gross margin of 62.5%, this company has a comparable cost of product (62.5%)
- Cheff Ltd
62.5% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (3.6%)
- Cheff Ltd
3.6% - Industry AVG
Employees
with 12 employees, this is below the industry average (36)
12 - Cheff Ltd
36 - Industry AVG
Pay Structure
on an average salary of £11.3k, the company has an equivalent pay structure (£11.3k)
- Cheff Ltd
£11.3k - Industry AVG
Efficiency
resulting in sales per employee of £19.3k, this is less efficient (£30.8k)
- Cheff Ltd
£30.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (7 days)
- Cheff Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is quicker than average (54 days)
- Cheff Ltd
54 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (6 days)
- Cheff Ltd
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (32 weeks)
64 weeks - Cheff Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 199.1%, this is a higher level of debt than the average (82.9%)
199.1% - Cheff Ltd
82.9% - Industry AVG
CHEFF LTD financials
Cheff Ltd's latest turnover from March 2021 is estimated at £231.7 thousand and the company has net assets of -£37 thousand. According to their latest financial statements, Cheff Ltd has 12 employees and maintains cash reserves of £26.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| 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 | 12 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Tangible Assets | 5,972 | 6,439 | 9,050 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 5,972 | 6,439 | 9,050 |
| Stock & work in progress | 1,100 | 2,351 | 0 |
| Trade Debtors | 109 | 217 | 1,237 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 3,266 | 531 | 0 |
| Cash | 26,907 | 2,405 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 31,382 | 5,504 | 1,237 |
| total assets | 37,354 | 11,943 | 10,287 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 10,157 | 4,838 | 826 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 11,628 | 4,550 | 0 |
| total current liabilities | 21,785 | 9,388 | 826 |
| loans | 52,579 | 33,371 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 31,999 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 52,579 | 33,371 | 31,999 |
| total liabilities | 74,364 | 42,759 | 32,825 |
| net assets | -37,010 | -30,816 | -22,538 |
| total shareholders funds | -37,010 | -30,816 | -22,538 |
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 3,796 | ||
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | -1,251 | 2,351 | 0 |
| Debtors | 2,627 | -489 | 1,237 |
| Creditors | 5,319 | 4,012 | 826 |
| Accruals and Deferred Income | 7,078 | 4,550 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 19,208 | 33,371 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | -31,999 | 31,999 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 24,502 | 2,405 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 24,502 | 2,405 | 0 |
cheff ltd Credit Report and Business Information
Cheff Ltd Competitor Analysis
Perform a competitor analysis for cheff ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NG15 area or any other competitors across 12 key performance metrics.
cheff ltd Ownership
CHEFF LTD group structure
Cheff Ltd has no subsidiary companies.
Ultimate parent company
CHEFF LTD
11249723
cheff ltd directors
Cheff Ltd currently has 1 director, Mr Adam Sinnott serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Sinnott | England | 38 years | Mar 2018 | - | Director |
P&L
March 2021turnover
231.7k
+95%
operating profit
-3.6k
0%
gross margin
62.6%
-4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-37k
+0.2%
total assets
37.4k
+2.13%
cash
26.9k
+10.19%
net assets
Total assets minus all liabilities
cheff ltd company details
company number
11249723
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2021
previous names
N/A
accountant
WATSON KNIPE LTD
auditor
-
address
10 milton court, ravenshead, nottingham, NG15 9BD
Bank
-
Legal Advisor
-
cheff 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 cheff ltd.
cheff ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
