workington dt r&r ltd
workington dt r&r ltd Company Information
Company Number
11581676
Next Accounts
Sep 2025
Shareholders
racz & red ltd
Group Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
unit 10 evolution, wynyard business park, TS22 5TB
Website
-workington dt r&r ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKINGTON DT R&R LTD at £716k based on a Turnover of £1.2m and 0.61x industry multiple (adjusted for size and gross margin).
workington dt r&r ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKINGTON DT R&R LTD at £350.1k based on an EBITDA of £84.5k and a 4.14x industry multiple (adjusted for size and gross margin).
workington dt r&r ltd Estimated Valuation
Pomanda estimates the enterprise value of WORKINGTON DT R&R LTD at £298.6k based on Net Assets of £113.6k and 2.63x industry multiple (adjusted for liquidity).
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Workington Dt R&r Ltd Overview
Workington Dt R&r Ltd is a live company located in wynyard business park, TS22 5TB with a Companies House number of 11581676. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in September 2018, it's largest shareholder is racz & red ltd with a 100% stake. Workington Dt R&r Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with high growth in recent years.
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Workington Dt R&r Ltd Health Check
Pomanda's financial health check has awarded Workington Dt R&R Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £1.2m, make it in line with the average company (£1.4m)
- Workington Dt R&r Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (15.2%)
- Workington Dt R&r Ltd
15.2% - Industry AVG
Production
with a gross margin of 38.7%, this company has a higher cost of product (63.1%)
- Workington Dt R&r Ltd
63.1% - Industry AVG
Profitability
an operating margin of 2.9% make it more profitable than the average company (1.3%)
- Workington Dt R&r Ltd
1.3% - Industry AVG
Employees
with 11 employees, this is below the industry average (98)
11 - Workington Dt R&r Ltd
98 - Industry AVG
Pay Structure
on an average salary of £11.5k, the company has an equivalent pay structure (£11.5k)
- Workington Dt R&r Ltd
£11.5k - Industry AVG
Efficiency
resulting in sales per employee of £107.2k, this is more efficient (£38.9k)
- Workington Dt R&r Ltd
£38.9k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (4 days)
- Workington Dt R&r Ltd
4 days - Industry AVG
Creditor Days
its suppliers are paid after 173 days, this is slower than average (31 days)
- Workington Dt R&r Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is more than average (4 days)
- Workington Dt R&r 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 (32 weeks)
7 weeks - Workington Dt R&r Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.1%, this is a similar level of debt than the average (76.1%)
75.1% - Workington Dt R&r Ltd
76.1% - Industry AVG
WORKINGTON DT R&R LTD financials
Workington Dt R&R Ltd's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £113.6 thousand. According to their latest financial statements, Workington Dt R&R Ltd has 11 employees and maintains cash reserves of £51.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 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 | 11 | 11 | 15 | 17 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 134,627 | 183,707 | 232,337 | 279,467 | |
| Intangible Assets | 20,000 | 20,000 | 10,000 | 10,000 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 154,627 | 203,707 | 242,337 | 289,467 | |
| Stock & work in progress | 12,410 | 9,767 | 3,665 | 11,669 | |
| Trade Debtors | 238,209 | 207,936 | 66,511 | ||
| Group Debtors | |||||
| Misc Debtors | 12,813 | ||||
| Cash | 51,416 | 48,839 | 70,797 | 18,602 | |
| misc current assets | |||||
| total current assets | 302,035 | 266,542 | 87,275 | 96,782 | |
| total assets | 456,662 | 470,249 | 329,612 | 386,249 | |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 343,039 | 384,479 | 65,577 | 436,212 | |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 308,925 | ||||
| total current liabilities | 343,039 | 384,479 | 374,502 | 436,212 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 343,039 | 384,479 | 374,502 | 436,212 | |
| net assets | 113,623 | 85,770 | -44,890 | -49,963 | |
| total shareholders funds | 113,623 | 85,770 | -44,890 | -49,963 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 50,026 | 49,835 | 49,703 | 49,318 | |
| Amortisation | |||||
| Tax | |||||
| Stock | 2,643 | 6,102 | -8,004 | 11,669 | |
| Debtors | 30,273 | 195,123 | -53,698 | 66,511 | |
| Creditors | -41,440 | 318,902 | -370,635 | 436,212 | |
| Accruals and Deferred Income | -308,925 | 308,925 | |||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| 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 | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 2,577 | -21,958 | 52,195 | 18,602 | |
| overdraft | |||||
| change in cash | 2,577 | -21,958 | 52,195 | 18,602 |
workington dt r&r ltd Credit Report and Business Information
Workington Dt R&r Ltd Competitor Analysis
Perform a competitor analysis for workington dt r&r ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TS22 area or any other competitors across 12 key performance metrics.
workington dt r&r ltd Ownership
WORKINGTON DT R&R LTD group structure
Workington Dt R&R Ltd has no subsidiary companies.
workington dt r&r ltd directors
Workington Dt R&R Ltd currently has 2 directors. The longest serving directors include Mr Mike Racz (Sep 2018) and Mr Arvinder Salariya (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Racz | United Kingdom | 43 years | Sep 2018 | - | Director |
| Mr Arvinder Salariya | 60 years | Sep 2018 | - | Director |
P&L
December 2023turnover
1.2m
+16%
operating profit
34.5k
0%
gross margin
38.8%
-6.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
113.6k
+0.32%
total assets
456.7k
-0.03%
cash
51.4k
+0.05%
net assets
Total assets minus all liabilities
Similar Companies
workington dt r&r ltd company details
company number
11581676
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
FLANNAGANS
auditor
-
address
unit 10 evolution, wynyard business park, TS22 5TB
Bank
-
Legal Advisor
-
workington dt r&r 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 2 charges/mortgages relating to workington dt r&r ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
workington dt r&r 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 WORKINGTON DT R&R LTD. This can take several minutes, an email will notify you when this has completed.
workington dt r&r ltd Companies House Filings - See Documents
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