brailey hicks 13 reynolds park, plympton, plymouth, devon, PL7 4FE
Website
-
truro catering ltdEstimated Valuation
£72.1k
Pomanda estimates the enterprise value of TRURO CATERING LTD at £72.1k based on a Turnover of £100.8k and 0.71x industry multiple (adjusted for size and gross margin).
truro catering ltdEstimated Valuation
£219.8k
Pomanda estimates the enterprise value of TRURO CATERING LTD at £219.8k based on an EBITDA of £51.5k and a 4.26x industry multiple (adjusted for size and gross margin).
truro catering ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TRURO CATERING LTD at £0 based on Net Assets of £-330 and 2.42x industry multiple (adjusted for liquidity).
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Truro Catering LtdOverview
Truro Catering Ltd is a live company located in plymouth, PL7 4FE with a Companies House number of 11768335. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in January 2019, it's largest shareholder is
mehmet gulenc
with a 100% stake. Truro Catering Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£100.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Truro Catering Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
5 Weak
Size
annual sales of £100.8k, make it smaller than the average company (£184.2k)
£100.8k - Truro Catering Ltd
£184.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Truro Catering Ltd
- - Industry AVG
Production
with a gross margin of 50.1%, this company has a comparable cost of product (50.1%)
50.1% - Truro Catering Ltd
50.1% - Industry AVG
Profitability
an operating margin of 39.8% make it more profitable than the average company (7.1%)
39.8% - Truro Catering Ltd
7.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Truro Catering Ltd
6 - Industry AVG
Pay Structure
on an average salary of £11.2k, the company has an equivalent pay structure (£11.2k)
£11.2k - Truro Catering Ltd
£11.2k - Industry AVG
Efficiency
resulting in sales per employee of £33.6k, this is equally as efficient (£38.9k)
£33.6k - Truro Catering Ltd
£38.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Truro Catering Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Truro Catering Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is more than average (3 days)
5 days - Truro Catering Ltd
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (36 weeks)
17 weeks - Truro Catering Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.3%, this is a higher level of debt than the average (78.6%)
100.3% - Truro Catering Ltd
78.6% - Industry AVG
TRURO CATERING LTD financials
EXPORT
Truro Catering Ltd's latest turnover from July 2022 is estimated at £100.8 thousand and the company has net assets of -£330. According to their latest financial statements, Truro Catering Ltd has 3 employees and maintains cash reserves of £18.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2022
Jul 2021
Jan 2020
Turnover
100,849
96,481
75,506
Other Income Or Grants
Cost Of Sales
50,313
45,710
30,694
Gross Profit
50,536
50,771
44,812
Admin Expenses
10,374
83,740
39,731
Operating Profit
40,162
-32,969
5,081
Interest Payable
3,369
1,500
Interest Receivable
257
11
Pre-Tax Profit
37,051
-34,458
5,081
Tax
-7,040
-965
Profit After Tax
30,011
-34,458
4,116
Dividends Paid
Retained Profit
30,011
-34,458
4,116
Employee Costs
33,633
32,345
20,560
Number Of Employees
3
3
2
EBITDA*
51,530
-23,469
5,081
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2022
Jul 2021
Jan 2020
Tangible Assets
51,789
59,157
1,530
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
51,789
59,157
1,530
Stock & work in progress
816
950
Trade Debtors
4,311
Group Debtors
Misc Debtors
27,000
31,879
Cash
18,808
22,314
misc current assets
total current assets
46,624
55,143
4,311
total assets
98,413
114,300
5,841
Bank overdraft
Bank loan
Trade Creditors
1,725
Group/Directors Accounts
34,817
92,766
other short term finances
hp & lease commitments
other current liabilities
20,170
2,700
total current liabilities
54,987
95,466
1,725
loans
43,756
49,175
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
43,756
49,175
total liabilities
98,743
144,641
1,725
net assets
-330
-30,341
4,116
total shareholders funds
-330
-30,341
4,116
Jul 2022
Jul 2021
Jan 2020
Operating Activities
Operating Profit
40,162
-32,969
5,081
Depreciation
11,368
9,500
Amortisation
Tax
-7,040
-965
Stock
-134
950
Debtors
-4,879
27,568
4,311
Creditors
-1,725
1,725
Accruals and Deferred Income
17,470
2,700
Deferred Taxes & Provisions
Cash flow from operations
66,973
-51,012
1,530
Investing Activities
capital expenditure
-4,000
-67,127
-1,530
Change in Investments
cash flow from investments
-4,000
-67,127
-1,530
Financing Activities
Bank loans
Group/Directors Accounts
-57,949
92,766
Other Short Term Loans
Long term loans
-5,419
49,175
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-3,112
-1,489
cash flow from financing
-66,480
140,453
cash and cash equivalents
cash
-3,506
22,314
overdraft
change in cash
-3,506
22,314
truro catering ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for truro catering ltd. Get real-time insights into truro catering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for truro catering ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in PL7 area or any other competitors across 12 key performance metrics.
truro catering ltd Ownership
TRURO CATERING LTD group structure
Truro Catering Ltd has no subsidiary companies.
Ultimate parent company
TRURO CATERING LTD
11768335
TRURO CATERING LTD Shareholders
The sole shareholder of Truro Catering Ltd is Mehmet Gulenc.
mehmet gulenc
100%
truro catering ltd directors
Truro Catering Ltd currently has 1 director, Mr Mehmet Gulenc serving since Jan 2019.
56103 - Take away food shops and mobile food stands
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
July 2022
previous names
N/A
accountant
TREK ACCOUNTANTS
auditor
-
address
brailey hicks 13 reynolds park, plympton, plymouth, devon, PL7 4FE
Bank
-
Legal Advisor
-
truro catering 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 truro catering ltd.
truro catering 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 TRURO CATERING LTD. This can take several minutes, an email will notify you when this has completed.
truro catering ltdCompanies House Filings - See Documents
