locketts oatcakes direct ltd
locketts oatcakes direct ltd Company Information
Company Number
11367678
Website
-Registered Address
231 scotia road, stoke-on-trent, ST6 4HG
Industry
Wholesale of other food, including fish, crustaceans and molluscs
Telephone
-
Next Accounts Due
973 days late
Group Structure
View All
Directors
Kevin Smith6 Years
Shareholders
kevin smith 100%
locketts oatcakes direct ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCKETTS OATCAKES DIRECT LTD at £120.2k based on a Turnover of £392.3k and 0.31x industry multiple (adjusted for size and gross margin).
locketts oatcakes direct ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCKETTS OATCAKES DIRECT LTD at £27.3k based on an EBITDA of £10k and a 2.74x industry multiple (adjusted for size and gross margin).
locketts oatcakes direct ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCKETTS OATCAKES DIRECT LTD at £19k based on Net Assets of £8.4k and 2.25x industry multiple (adjusted for liquidity).
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Locketts Oatcakes Direct Ltd Overview
Locketts Oatcakes Direct Ltd is a live company located in stoke-on-trent, ST6 4HG with a Companies House number of 11367678. It operates in the wholesale of other food, including fish, crustaceans and molluscs sector, SIC Code 46380. Founded in May 2018, it's largest shareholder is kevin smith with a 100% stake. Locketts Oatcakes Direct Ltd is a young, micro sized company, Pomanda has estimated its turnover at £392.3k with unknown growth in recent years.
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Locketts Oatcakes Direct Ltd Health Check
Pomanda's financial health check has awarded Locketts Oatcakes Direct Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £392.3k, make it smaller than the average company (£25.3m)
- Locketts Oatcakes Direct Ltd
£25.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Locketts Oatcakes Direct Ltd
- - Industry AVG
Production
with a gross margin of 7.4%, this company has a higher cost of product (11.9%)
- Locketts Oatcakes Direct Ltd
11.9% - Industry AVG
Profitability
an operating margin of 2.5% make it as profitable than the average company (2.5%)
- Locketts Oatcakes Direct Ltd
2.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (40)
9 - Locketts Oatcakes Direct Ltd
40 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Locketts Oatcakes Direct Ltd
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £43.6k, this is less efficient (£631.8k)
- Locketts Oatcakes Direct Ltd
£631.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (45 days)
- Locketts Oatcakes Direct Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (34 days)
- Locketts Oatcakes Direct Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Locketts Oatcakes Direct Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Locketts Oatcakes Direct Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (67.9%)
33.2% - Locketts Oatcakes Direct Ltd
67.9% - Industry AVG
LOCKETTS OATCAKES DIRECT LTD financials
Locketts Oatcakes Direct Ltd's latest turnover from May 2020 is estimated at £392.3 thousand and the company has net assets of £8.4 thousand. According to their latest financial statements, Locketts Oatcakes Direct Ltd has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 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 | 9 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | |
|---|---|---|
| Tangible Assets | 671 | 901 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 671 | 901 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 11,971 | 2,406 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 11,971 | 2,406 |
| total assets | 12,642 | 3,307 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 4,196 | 2,942 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 4,196 | 2,942 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 4,196 | 2,942 |
| net assets | 8,446 | 365 |
| total shareholders funds | 8,446 | 365 |
| May 2020 | May 2019 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 9,565 | 2,406 |
| Creditors | 1,254 | 2,942 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
locketts oatcakes direct ltd Credit Report and Business Information
Locketts Oatcakes Direct Ltd Competitor Analysis
Perform a competitor analysis for locketts oatcakes direct ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in ST6 area or any other competitors across 12 key performance metrics.
locketts oatcakes direct ltd Ownership
LOCKETTS OATCAKES DIRECT LTD group structure
Locketts Oatcakes Direct Ltd has no subsidiary companies.
Ultimate parent company
LOCKETTS OATCAKES DIRECT LTD
11367678
locketts oatcakes direct ltd directors
Locketts Oatcakes Direct Ltd currently has 1 director, Mr Kevin Smith serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Smith | United Kingdom | 55 years | May 2018 | - | Director |
P&L
May 2020turnover
392.3k
+50%
operating profit
10k
0%
gross margin
7.4%
-2.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
8.4k
+22.14%
total assets
12.6k
+2.82%
cash
0
0%
net assets
Total assets minus all liabilities
locketts oatcakes direct ltd company details
company number
11367678
Type
Private limited with Share Capital
industry
46380 - Wholesale of other food, including fish, crustaceans and molluscs
incorporation date
May 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2020
previous names
N/A
accountant
-
auditor
-
address
231 scotia road, stoke-on-trent, ST6 4HG
Bank
-
Legal Advisor
-
locketts oatcakes direct 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 locketts oatcakes direct ltd.
locketts oatcakes direct ltd Companies House Filings - See Documents
| date | description | view/download |
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