the kind bay initiative community interest companyEstimated Valuation
£4.3k
Pomanda estimates the enterprise value of THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY at £4.3k based on a Turnover of £5.8k and 0.74x industry multiple (adjusted for size and gross margin).
the kind bay initiative community interest companyEstimated Valuation
£0
Pomanda estimates the enterprise value of THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY at £0 based on an EBITDA of £-7k and a 4.4x industry multiple (adjusted for size and gross margin).
the kind bay initiative community interest companyEstimated Valuation
£782
Pomanda estimates the enterprise value of THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY at £782 based on Net Assets of £306 and 2.56x industry multiple (adjusted for liquidity).
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The Kind Bay Initiative Community Interest CompanyOverview
The Kind Bay Initiative Community Interest Company is a live company located in colwyn bay, LL29 8DG with a Companies House number of 12009361. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in May 2019, it's largest shareholder is
unknown.
The Kind Bay Initiative Community Interest Company is a young,
micro sized company, Pomanda has estimated its turnover at
£5.8k with
declining
growth in recent years.
The Kind Bay Initiative Community Interest Company Health Check
Pomanda's financial health check has awarded The Kind Bay Initiative Community Interest Company 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 Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £5.8k, make it smaller than the average company (£678.3k)
£5.8k - The Kind Bay Initiative Community Interest Company
£678.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -47%, show it is growing at a slower rate (7.9%)
-47% - The Kind Bay Initiative Community Interest Company
7.9% - Industry AVG
Production
with a gross margin of 51.5%, this company has a comparable cost of product (51.5%)
51.5% - The Kind Bay Initiative Community Interest Company
51.5% - Industry AVG
Profitability
an operating margin of -121% make it less profitable than the average company (3.7%)
-121% - The Kind Bay Initiative Community Interest Company
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - The Kind Bay Initiative Community Interest Company
17 - Industry AVG
Pay Structure
on an average salary of £20.9k, the company has an equivalent pay structure (£20.9k)
£20.9k - The Kind Bay Initiative Community Interest Company
£20.9k - Industry AVG
Efficiency
resulting in sales per employee of £5.8k, this is less efficient (£62.7k)
£5.8k - The Kind Bay Initiative Community Interest Company
£62.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Kind Bay Initiative Community Interest Company
- - Industry AVG
Creditor Days
its suppliers are paid after 154 days, this is slower than average (35 days)
154 days - The Kind Bay Initiative Community Interest Company
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Kind Bay Initiative Community Interest Company
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1812 weeks, this is more cash available to meet short term requirements (39 weeks)
1812 weeks - The Kind Bay Initiative Community Interest Company
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (59.8%)
99.3% - The Kind Bay Initiative Community Interest Company
59.8% - Industry AVG
THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY financials
EXPORT
The Kind Bay Initiative Community Interest Company's latest turnover from May 2023 is estimated at £5.8 thousand and the company has net assets of £306. According to their latest financial statements, we estimate that The Kind Bay Initiative Community Interest Company has 1 employee and maintains cash reserves of £41.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
May 2021
May 2020
Turnover
5,817
85,084
246,585
38,509
Other Income Or Grants
Cost Of Sales
2,819
40,476
123,438
18,868
Gross Profit
2,997
44,608
123,147
19,641
Admin Expenses
10,034
57,026
103,127
16,416
Operating Profit
-7,037
-12,418
20,020
3,225
Interest Payable
Interest Receivable
933
Pre-Tax Profit
-6,104
-12,418
20,020
3,225
Tax
-3,804
-613
Profit After Tax
-6,104
-12,418
16,216
2,612
Dividends Paid
Retained Profit
-6,104
-12,418
16,216
2,612
Employee Costs
20,873
40,250
116,240
18,917
Number Of Employees
1
2
6
1
EBITDA*
-7,037
-12,418
20,020
3,225
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
May 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
6,740
19,128
2,912
Group Debtors
Misc Debtors
Cash
41,488
misc current assets
total current assets
41,488
6,740
19,128
2,912
total assets
41,488
6,740
19,128
2,912
Bank overdraft
Bank loan
Trade Creditors
1,190
330
300
300
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,190
330
300
300
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
39,992
provisions
total long term liabilities
39,992
total liabilities
41,182
330
300
300
net assets
306
6,410
18,828
2,612
total shareholders funds
306
6,410
18,828
2,612
May 2023
May 2022
May 2021
May 2020
Operating Activities
Operating Profit
-7,037
-12,418
20,020
3,225
Depreciation
Amortisation
Tax
-3,804
-613
Stock
Debtors
-6,740
-12,388
16,216
2,912
Creditors
860
30
300
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
563
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
39,992
share issue
interest
933
cash flow from financing
40,925
cash and cash equivalents
cash
41,488
overdraft
change in cash
41,488
the kind bay initiative community interest company 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 the kind bay initiative community interest company. Get real-time insights into the kind bay initiative community interest company's credit score, group structure and payment trends.
The Kind Bay Initiative Community Interest Company Competitor Analysis
Perform a competitor analysis for the kind bay initiative community interest company by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in LL29 area or any other competitors across 12 key performance metrics.
the kind bay initiative community interest company Ownership
THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY group structure
The Kind Bay Initiative Community Interest Company has no subsidiary companies.
Ultimate parent company
THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY
12009361
THE KIND BAY INITIATIVE COMMUNITY INTEREST COMPANY Shareholders
The sole shareholder of The Kind Bay Initiative Community Interest Company is -.
-
-
the kind bay initiative community interest company directors
The Kind Bay Initiative Community Interest Company currently has 4 directors.
The longest serving directors include
Mrs Helen Robinson (May 2019) and
Miss Wendy Williams (Jul 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023
net assets
306
-0.95%
total assets
41.5k
+5.16%
cash
41.5k
0%
net assets
Total assets minus all liabilities
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the kind bay initiative community interest company company details
company number
12009361
Type
Private Ltd By Guarantee w/o Share Cap
industry
96090 - Other personal service activities n.e.c.
56102 - Unlicensed restaurants and cafes
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
52 sea view road, colwyn bay, LL29 8DG
Bank
-
Legal Advisor
-
the kind bay initiative community interest company 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 the kind bay initiative community interest company.
the kind bay initiative community interest company 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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the kind bay initiative community interest companyCompanies House Filings - See Documents
