saffron street food limited

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saffron street food limited Company Information

Share SAFFRON STREET FOOD LIMITED

Company Number

11940657

Shareholders

starlight suite limited

Group Structure

View All

Industry

Unlicensed restaurants and cafes

 +1

Registered Address

42 hampton road, london, E7 0PB

saffron street food limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of SAFFRON STREET FOOD LIMITED at £1.3m based on a Turnover of £2.2m and 0.6x industry multiple (adjusted for size and gross margin).

saffron street food limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SAFFRON STREET FOOD LIMITED at £0 based on an EBITDA of £-15.1k and a 3.95x industry multiple (adjusted for size and gross margin).

saffron street food limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of SAFFRON STREET FOOD LIMITED at £1.4m based on Net Assets of £552.7k and 2.56x industry multiple (adjusted for liquidity).

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Saffron Street Food Limited Overview

Saffron Street Food Limited is a live company located in london, E7 0PB with a Companies House number of 11940657. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in April 2019, it's largest shareholder is starlight suite limited with a 100% stake. Saffron Street Food Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.

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Saffron Street Food Limited Health Check

Pomanda's financial health check has awarded Saffron Street Food Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.2m, make it larger than the average company (£751.4k)

£2.2m - Saffron Street Food Limited

£751.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (10.9%)

59% - Saffron Street Food Limited

10.9% - Industry AVG

production

Production

with a gross margin of 32.2%, this company has a higher cost of product (55.2%)

32.2% - Saffron Street Food Limited

55.2% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (2.2%)

-0.8% - Saffron Street Food Limited

2.2% - Industry AVG

employees

Employees

with 30 employees, this is below the industry average (47)

30 - Saffron Street Food Limited

47 - Industry AVG

paystructure

Pay Structure

on an average salary of £11.5k, the company has an equivalent pay structure (£11.5k)

£11.5k - Saffron Street Food Limited

£11.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.1k, this is more efficient (£39.3k)

£72.1k - Saffron Street Food Limited

£39.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 99 days, this is later than average (10 days)

99 days - Saffron Street Food Limited

10 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 81 days, this is slower than average (24 days)

81 days - Saffron Street Food Limited

24 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 26 days, this is more than average (4 days)

26 days - Saffron Street Food Limited

4 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (27 weeks)

26 weeks - Saffron Street Food Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (76.9%)

37.3% - Saffron Street Food Limited

76.9% - Industry AVG

SAFFRON STREET FOOD LIMITED financials

EXPORTms excel logo

Saffron Street Food Limited's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of £552.7 thousand. According to their latest financial statements, Saffron Street Food Limited has 30 employees and maintains cash reserves of £170.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Mar 2020
Turnover2,162,9041,305,658473,519537,86253,325
Other Income Or Grants
Cost Of Sales1,466,754838,478298,860348,53333,258
Gross Profit696,150467,180174,658189,32920,067
Admin Expenses713,936286,744-53,978-68,85220,067
Operating Profit-17,786180,436228,636258,181
Interest Payable1,5631,525
Interest Receivable19,66315,346802171
Pre-Tax Profit1,877195,783227,875256,827
Tax-469-37,199-43,296-48,797
Profit After Tax1,408158,584184,579208,030
Dividends Paid
Retained Profit1,408158,584184,579208,030
Employee Costs346,255286,805244,907292,89321,838
Number Of Employees302522272
EBITDA*-15,086180,436228,636258,181

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Mar 2020
Tangible Assets12,300
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets12,300
Stock & work in progress107,953
Trade Debtors590,520270,59021,82327,507
Group Debtors242,000
Misc Debtors12,00012,000
Cash170,524578,552298,375342,934100
misc current assets
total current assets868,997849,142574,198382,441100
total assets881,297849,142574,198382,441100
Bank overdraft
Bank loan
Trade Creditors 328,596297,84948,87813,965
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities132,611110,346
total current liabilities328,596297,849181,489124,311
loans50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities50,000
total liabilities328,596297,849181,489174,311
net assets552,701551,293392,709208,130100
total shareholders funds552,701551,293392,709208,130100
Dec 2023Dec 2022Dec 2021Dec 2020Mar 2020
Operating Activities
Operating Profit-17,786180,436228,636258,181
Depreciation2,700
Amortisation
Tax-469-37,199-43,296-48,797
Stock107,953
Debtors319,930-5,233236,31639,507
Creditors30,747248,97134,91313,965
Accruals and Deferred Income-132,61122,265110,346
Deferred Taxes & Provisions
Cash flow from operations-412,691264,8306,202294,188
Investing Activities
capital expenditure-15,000
Change in Investments
cash flow from investments-15,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-50,00050,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100100
interest19,66315,346-761-1,354
cash flow from financing19,66315,346-50,76148,746100
cash and cash equivalents
cash-408,028280,177-44,559342,934100
overdraft
change in cash-408,028280,177-44,559342,934100

saffron street food limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Saffron Street Food Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for saffron street food limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in E 7 area or any other competitors across 12 key performance metrics.

saffron street food limited Ownership

SAFFRON STREET FOOD LIMITED group structure

Saffron Street Food Limited has no subsidiary companies.

Ultimate parent company

1 parent

SAFFRON STREET FOOD LIMITED

11940657

SAFFRON STREET FOOD LIMITED Shareholders

starlight suite limited 100%

saffron street food limited directors

Saffron Street Food Limited currently has 2 directors. The longest serving directors include Mr Farhaan Patel (Apr 2019) and Mr Muhammad Chamadiya (Apr 2019).

officercountryagestartendrole
Mr Farhaan Patel41 years Apr 2019- Director
Mr Muhammad Chamadiya39 years Apr 2019- Director

P&L

December 2023

turnover

2.2m

+66%

operating profit

-17.8k

0%

gross margin

32.2%

-10.05%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

552.7k

0%

total assets

881.3k

+0.04%

cash

170.5k

-0.71%

net assets

Total assets minus all liabilities

saffron street food limited company details

company number

11940657

Type

Private limited with Share Capital

industry

56102 - Unlicensed restaurants and cafes

56103 - Take away food shops and mobile food stands

incorporation date

April 2019

age

6

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

42 hampton road, london, E7 0PB

Bank

-

Legal Advisor

-

saffron street food limited 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 saffron street food limited.

saffron street food limited 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.

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saffron street food limited Companies House Filings - See Documents

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