kirsten's catering ltd

Live (In Liquidation)YoungMicro

kirsten's catering ltd Company Information

Share KIRSTEN'S CATERING LTD

Company Number

11999344

Directors

Adam George

Shareholders

adam george

Group Structure

View All

Industry

Take away food shops and mobile food stands

 

Registered Address

lawrence house, 5 st. andrews hill, norwich, norfolk, NR2 1AD

Website

-

kirsten's catering ltd Estimated Valuation

£44.7k

Pomanda estimates the enterprise value of KIRSTEN'S CATERING LTD at £44.7k based on a Turnover of £72.3k and 0.62x industry multiple (adjusted for size and gross margin).

kirsten's catering ltd Estimated Valuation

£12.6k

Pomanda estimates the enterprise value of KIRSTEN'S CATERING LTD at £12.6k based on an EBITDA of £3.2k and a 3.9x industry multiple (adjusted for size and gross margin).

kirsten's catering ltd Estimated Valuation

£6.3k

Pomanda estimates the enterprise value of KIRSTEN'S CATERING LTD at £6.3k based on Net Assets of £2.5k and 2.49x industry multiple (adjusted for liquidity).

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Kirsten's Catering Ltd Overview

Kirsten's Catering Ltd is a live company located in norwich, NR2 1AD with a Companies House number of 11999344. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in May 2019, it's largest shareholder is adam george with a 100% stake. Kirsten's Catering Ltd is a young, micro sized company, Pomanda has estimated its turnover at £72.3k with unknown growth in recent years.

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Kirsten's Catering Ltd Health Check

Pomanda's financial health check has awarded Kirsten'S Catering Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £72.3k, make it smaller than the average company (£210.5k)

£72.3k - Kirsten's Catering Ltd

£210.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Kirsten's Catering Ltd

- - Industry AVG

production

Production

with a gross margin of 35.6%, this company has a higher cost of product (52.1%)

35.6% - Kirsten's Catering Ltd

52.1% - Industry AVG

profitability

Profitability

an operating margin of 4.5% make it less profitable than the average company (8.1%)

4.5% - Kirsten's Catering Ltd

8.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Kirsten's Catering Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £10.7k, the company has an equivalent pay structure (£10.7k)

£10.7k - Kirsten's Catering Ltd

£10.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.3k, this is more efficient (£37.5k)

£72.3k - Kirsten's Catering Ltd

£37.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 138 days, this is later than average (18 days)

138 days - Kirsten's Catering Ltd

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 64 days, this is slower than average (22 days)

64 days - Kirsten's Catering Ltd

22 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Kirsten's Catering Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Kirsten's Catering Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.3%, this is a higher level of debt than the average (79.2%)

94.3% - Kirsten's Catering Ltd

79.2% - Industry AVG

KIRSTEN'S CATERING LTD financials

EXPORTms excel logo

Kirsten'S Catering Ltd's latest turnover from May 2021 is estimated at £72.3 thousand and the company has net assets of £2.5 thousand. According to their latest financial statements, Kirsten'S Catering Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2021May 2020
Turnover72,31155,497
Other Income Or Grants
Cost Of Sales46,59436,778
Gross Profit25,71718,719
Admin Expenses22,48518,800
Operating Profit3,232-81
Interest Payable
Interest Receivable
Pre-Tax Profit3,232-81
Tax-614
Profit After Tax2,618-81
Dividends Paid
Retained Profit2,618-81
Employee Costs10,73520,663
Number Of Employees12
EBITDA*3,232-81

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2021May 2020
Tangible Assets16,89621,884
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets16,89621,884
Stock & work in progress
Trade Debtors27,359
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets27,359
total assets44,25521,884
Bank overdraft
Bank loan
Trade Creditors 8,26821,515
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities8,26821,515
loans
hp & lease commitments
Accruals and Deferred Income450450
other liabilities33,000
provisions
total long term liabilities33,450450
total liabilities41,71821,965
net assets2,537-81
total shareholders funds2,537-81
May 2021May 2020
Operating Activities
Operating Profit3,232-81
Depreciation
Amortisation
Tax-614
Stock
Debtors27,359
Creditors-13,24721,515
Accruals and Deferred Income450
Deferred Taxes & Provisions
Cash flow from operations-37,98821,884
Investing Activities
capital expenditure4,988-21,884
Change in Investments
cash flow from investments4,988-21,884
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities33,000
share issue
interest
cash flow from financing33,000
cash and cash equivalents
cash
overdraft
change in cash

kirsten's catering ltd 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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Kirsten's Catering Ltd Competitor Analysis

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Perform a competitor analysis for kirsten's catering ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NR2 area or any other competitors across 12 key performance metrics.

kirsten's catering ltd Ownership

KIRSTEN'S CATERING LTD group structure

Kirsten'S Catering Ltd has no subsidiary companies.

Ultimate parent company

KIRSTEN'S CATERING LTD

11999344

KIRSTEN'S CATERING LTD Shareholders

adam george 100%

kirsten's catering ltd directors

Kirsten'S Catering Ltd currently has 1 director, Mr Adam George serving since Jul 2020.

officercountryagestartendrole
Mr Adam George39 years Jul 2020- Director

P&L

May 2021

turnover

72.3k

+30%

operating profit

3.2k

0%

gross margin

35.6%

+5.44%

turnover

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

Balance Sheet

May 2021

net assets

2.5k

-32.32%

total assets

44.3k

+1.02%

cash

0

0%

net assets

Total assets minus all liabilities

kirsten's catering ltd company details

company number

11999344

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

incorporation date

May 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2021

previous names

N/A

accountant

A&L ACCOUNTANCY LIMITED

auditor

-

address

lawrence house, 5 st. andrews hill, norwich, norfolk, NR2 1AD

Bank

-

Legal Advisor

-

kirsten's 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 kirsten's catering ltd.

kirsten's 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.

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kirsten's catering ltd Companies House Filings - See Documents

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