honey desserts ltd
honey desserts ltd Company Information
Company Number
11284522
Website
-Registered Address
frost group limited, court house, the old police stat, south street, ashby-de-la-zouch, LE65 1BR
Industry
Unlicensed restaurants and cafes
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
212 days late
Group Structure
View All
Directors
Uzma Ahmad6 Years
Shareholders
uzma ahmad 100%
honey desserts ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEY DESSERTS LTD at £142.2k based on a Turnover of £183.6k and 0.77x industry multiple (adjusted for size and gross margin).
honey desserts ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEY DESSERTS LTD at £184.3k based on an EBITDA of £38.5k and a 4.79x industry multiple (adjusted for size and gross margin).
honey desserts ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEY DESSERTS LTD at £443.3k based on Net Assets of £161.5k and 2.75x industry multiple (adjusted for liquidity).
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Honey Desserts Ltd Overview
Honey Desserts Ltd is a live company located in south street, LE65 1BR with a Companies House number of 11284522. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in March 2018, it's largest shareholder is uzma ahmad with a 100% stake. Honey Desserts Ltd is a young, micro sized company, Pomanda has estimated its turnover at £183.6k with unknown growth in recent years.
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Honey Desserts Ltd Health Check
Pomanda's financial health check has awarded Honey Desserts Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
5 Regular
6 Weak
Size
annual sales of £183.6k, make it smaller than the average company (£330k)
- Honey Desserts Ltd
£330k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Honey Desserts Ltd
- - Industry AVG
Production
with a gross margin of 57.5%, this company has a comparable cost of product (57.5%)
- Honey Desserts Ltd
57.5% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (7.7%)
- Honey Desserts Ltd
7.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (14)
5 - Honey Desserts Ltd
14 - Industry AVG
Pay Structure
on an average salary of £11.2k, the company has an equivalent pay structure (£11.2k)
- Honey Desserts Ltd
£11.2k - Industry AVG
Efficiency
resulting in sales per employee of £36.7k, this is equally as efficient (£38.4k)
- Honey Desserts Ltd
£38.4k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is near the average (11 days)
- Honey Desserts Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (24 days)
- Honey Desserts Ltd
24 days - Industry AVG
Stock Days
it holds stock equivalent to 35 days, this is more than average (4 days)
- Honey Desserts Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (40 weeks)
7 weeks - Honey Desserts Ltd
40 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.5%, this is a similar level of debt than the average (74.3%)
67.5% - Honey Desserts Ltd
74.3% - Industry AVG
HONEY DESSERTS LTD financials
Honey Desserts Ltd's latest turnover from June 2022 is estimated at £183.6 thousand and the company has net assets of £161.5 thousand. According to their latest financial statements, Honey Desserts Ltd has 5 employees and maintains cash reserves of £11.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 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 | 5 | 6 | 14 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | |
|---|---|---|---|---|
| Tangible Assets | 221,724 | 235,810 | 468,512 | 0 |
| Intangible Assets | 195,000 | 195,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 416,724 | 430,810 | 468,512 | 0 |
| Stock & work in progress | 7,600 | 20,000 | 0 | 0 |
| Trade Debtors | 6,461 | 44,516 | 154,665 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 15,058 | 0 | 0 |
| Cash | 11,937 | 68,351 | 0 | 0 |
| misc current assets | 54,375 | 54,375 | 0 | 0 |
| total current assets | 80,373 | 202,300 | 154,665 | 0 |
| total assets | 497,097 | 633,110 | 623,177 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,467 | 2,222 | 44,360 | 0 |
| Group/Directors Accounts | 29,152 | 89,953 | 0 | 0 |
| other short term finances | 43,782 | 50,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 13,631 | 11,423 | 0 | 0 |
| total current liabilities | 88,032 | 153,598 | 44,360 | 0 |
| loans | 247,556 | 297,232 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 470,550 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 247,556 | 297,232 | 470,550 | 0 |
| total liabilities | 335,588 | 450,830 | 514,910 | 0 |
| net assets | 161,509 | 182,280 | 108,267 | 0 |
| total shareholders funds | 161,509 | 182,280 | 108,267 | 0 |
| Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 36,581 | |||
| Amortisation | 0 | |||
| Tax | ||||
| Stock | -12,400 | 20,000 | 0 | 0 |
| Debtors | -53,113 | -95,091 | 154,665 | 0 |
| Creditors | -755 | -42,138 | 44,360 | 0 |
| Accruals and Deferred Income | 2,208 | 11,423 | 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 | -60,801 | 89,953 | 0 | 0 |
| Other Short Term Loans | -6,218 | 50,000 | 0 | 0 |
| Long term loans | -49,676 | 297,232 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -470,550 | 470,550 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -56,414 | 68,351 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -56,414 | 68,351 | 0 | 0 |
honey desserts ltd Credit Report and Business Information
Honey Desserts Ltd Competitor Analysis
Perform a competitor analysis for honey desserts ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in LE65 area or any other competitors across 12 key performance metrics.
honey desserts ltd Ownership
HONEY DESSERTS LTD group structure
Honey Desserts Ltd has no subsidiary companies.
Ultimate parent company
HONEY DESSERTS LTD
11284522
honey desserts ltd directors
Honey Desserts Ltd currently has 1 director, Mrs Uzma Ahmad serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Uzma Ahmad | 50 years | Mar 2018 | - | Director |
P&L
June 2022turnover
183.6k
-56%
operating profit
1.9k
0%
gross margin
57.6%
+0.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
161.5k
-0.11%
total assets
497.1k
-0.21%
cash
11.9k
-0.83%
net assets
Total assets minus all liabilities
Similar Companies
honey desserts ltd company details
company number
11284522
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
56103 - Take away food shops and mobile food stands
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2022
previous names
pioneer estates ltd (October 2018)
7gb care ltd (July 2018)
accountant
TAXAUDIT ACCOUNTANTS LTD
auditor
-
address
frost group limited, court house, the old police stat, south street, ashby-de-la-zouch, LE65 1BR
Bank
-
Legal Advisor
-
honey desserts 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 honey desserts ltd.
honey desserts ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
