manarat grocery ltd
manarat grocery ltd Company Information
Company Number
11367967
Next Accounts
49 days late
Directors
Shareholders
uddin borhan
md al amin sarker
View AllGroup Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
unit 3 392-398 high road, ilford, IG1 1TL
Website
-manarat grocery ltd Estimated Valuation
Pomanda estimates the enterprise value of MANARAT GROCERY LTD at £34.1k based on a Turnover of £106.7k and 0.32x industry multiple (adjusted for size and gross margin).
manarat grocery ltd Estimated Valuation
Pomanda estimates the enterprise value of MANARAT GROCERY LTD at £0 based on an EBITDA of £-47.3k and a 3.08x industry multiple (adjusted for size and gross margin).
manarat grocery ltd Estimated Valuation
Pomanda estimates the enterprise value of MANARAT GROCERY LTD at £0 based on Net Assets of £-95.7k and 3.02x industry multiple (adjusted for liquidity).
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Manarat Grocery Ltd Overview
Manarat Grocery Ltd is a live company located in ilford, IG1 1TL with a Companies House number of 11367967. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in May 2018, it's largest shareholder is uddin borhan with a 71.4% stake. Manarat Grocery Ltd is a young, micro sized company, Pomanda has estimated its turnover at £106.7k with declining growth in recent years.
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Manarat Grocery Ltd Health Check
Pomanda's financial health check has awarded Manarat Grocery Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £106.7k, make it smaller than the average company (£1.2m)
- Manarat Grocery Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (3.1%)
- Manarat Grocery Ltd
3.1% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (42.6%)
- Manarat Grocery Ltd
42.6% - Industry AVG
Profitability
an operating margin of -44.3% make it less profitable than the average company (4.8%)
- Manarat Grocery Ltd
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (29)
- Manarat Grocery Ltd
29 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- Manarat Grocery Ltd
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £106.7k, this is equally as efficient (£100.9k)
- Manarat Grocery Ltd
£100.9k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (11 days)
- Manarat Grocery Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 253 days, this is slower than average (35 days)
- Manarat Grocery Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Manarat Grocery Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Manarat Grocery Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 625.8%, this is a higher level of debt than the average (67.4%)
625.8% - Manarat Grocery Ltd
67.4% - Industry AVG
MANARAT GROCERY LTD financials
Manarat Grocery Ltd's latest turnover from May 2023 is estimated at £106.7 thousand and the company has net assets of -£95.7 thousand. According to their latest financial statements, we estimate that Manarat Grocery Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Turnover | 205,104 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | 156,078 | ||||
| Gross Profit | 49,026 | ||||
| Admin Expenses | 41,981 | ||||
| Operating Profit | 7,045 | ||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | 7,045 | ||||
| Tax | |||||
| Profit After Tax | 7,045 | ||||
| Dividends Paid | |||||
| Retained Profit | 7,045 | ||||
| Employee Costs | 29,525 | ||||
| Number Of Employees | 2 | 3 | |||
| EBITDA* | 11,348 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 14,975 | 17,618 | 20,727 | 24,385 | 21,091 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 14,975 | 17,618 | 20,727 | 24,385 | 21,091 |
| Stock & work in progress | 21,000 | ||||
| Trade Debtors | 3,228 | 26,630 | 27,765 | 22,541 | |
| Group Debtors | |||||
| Misc Debtors | 3,181 | ||||
| Cash | 23,048 | ||||
| misc current assets | |||||
| total current assets | 3,228 | 26,630 | 27,765 | 47,229 | 22,541 |
| total assets | 18,203 | 44,248 | 48,492 | 71,614 | 43,632 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 54,616 | 36,891 | 37,659 | 14,911 | 15,605 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 521 | ||||
| total current liabilities | 54,616 | 36,891 | 37,659 | 15,432 | 15,605 |
| loans | 50,000 | ||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 59,296 | 55,796 | 45,312 | 38,153 | 67,043 |
| provisions | |||||
| total long term liabilities | 59,296 | 55,796 | 45,312 | 88,153 | 67,043 |
| total liabilities | 113,912 | 92,687 | 82,971 | 103,585 | 82,648 |
| net assets | -95,709 | -48,439 | -34,479 | -31,971 | -39,016 |
| total shareholders funds | -95,709 | -48,439 | -34,479 | -31,971 | -39,016 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 7,045 | ||||
| Depreciation | 4,303 | ||||
| Amortisation | |||||
| Tax | |||||
| Stock | -21,000 | 21,000 | |||
| Debtors | -23,402 | -1,135 | 24,584 | -19,360 | 22,541 |
| Creditors | 17,725 | -768 | 22,748 | -694 | 15,605 |
| Accruals and Deferred Income | -521 | 521 | |||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | 9,535 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -50,000 | 50,000 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 3,500 | 10,484 | 7,159 | -28,890 | 67,043 |
| share issue | |||||
| interest | |||||
| cash flow from financing | 21,110 | ||||
| cash and cash equivalents | |||||
| cash | -23,048 | 23,048 | |||
| overdraft | |||||
| change in cash | -23,048 | 23,048 |
manarat grocery ltd Credit Report and Business Information
Manarat Grocery Ltd Competitor Analysis
Perform a competitor analysis for manarat grocery 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 IG1 area or any other competitors across 12 key performance metrics.
manarat grocery ltd Ownership
MANARAT GROCERY LTD group structure
Manarat Grocery Ltd has no subsidiary companies.
Ultimate parent company
MANARAT GROCERY LTD
11367967
manarat grocery ltd directors
Manarat Grocery Ltd currently has 1 director, Mr Uddin Borhan serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Uddin Borhan | England | 53 years | May 2018 | - | Director |
P&L
May 2023turnover
106.7k
-13%
operating profit
-47.3k
0%
gross margin
26.3%
-7.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-95.7k
+0.98%
total assets
18.2k
-0.59%
cash
0
0%
net assets
Total assets minus all liabilities
manarat grocery ltd company details
company number
11367967
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
unit 3 392-398 high road, ilford, IG1 1TL
Bank
-
Legal Advisor
-
manarat grocery 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 manarat grocery ltd.
manarat grocery 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.
Click to start generating capital raising & share issue transactions for MANARAT GROCERY LTD. This can take several minutes, an email will notify you when this has completed.
manarat grocery ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
