ritchies cafe ltd
ritchies cafe ltd Company Information
Company Number
12110536
Next Accounts
Apr 2026
Directors
Shareholders
mohammed shochall salique
Group Structure
View All
Industry
Unlicensed restaurants and cafes
Registered Address
10 faircross parade, longbridge road, barking, IG11 8UN
Website
-ritchies cafe ltd Estimated Valuation
Pomanda estimates the enterprise value of RITCHIES CAFE LTD at £107.9k based on a Turnover of £188.2k and 0.57x industry multiple (adjusted for size and gross margin).
ritchies cafe ltd Estimated Valuation
Pomanda estimates the enterprise value of RITCHIES CAFE LTD at £0 based on an EBITDA of £-48.4k and a 3.75x industry multiple (adjusted for size and gross margin).
ritchies cafe ltd Estimated Valuation
Pomanda estimates the enterprise value of RITCHIES CAFE LTD at £0 based on Net Assets of £-54.1k and 2.73x industry multiple (adjusted for liquidity).
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Ritchies Cafe Ltd Overview
Ritchies Cafe Ltd is a live company located in barking, IG11 8UN with a Companies House number of 12110536. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in July 2019, it's largest shareholder is mohammed shochall salique with a 100% stake. Ritchies Cafe Ltd is a young, micro sized company, Pomanda has estimated its turnover at £188.2k with high growth in recent years.
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Ritchies Cafe Ltd Health Check
Pomanda's financial health check has awarded Ritchies Cafe Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £188.2k, make it smaller than the average company (£375.1k)
- Ritchies Cafe Ltd
£375.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a similar rate (22.1%)
- Ritchies Cafe Ltd
22.1% - Industry AVG
Production
with a gross margin of 39.5%, this company has a higher cost of product (62.5%)
- Ritchies Cafe Ltd
62.5% - Industry AVG
Profitability
an operating margin of -25.7% make it less profitable than the average company (1.9%)
- Ritchies Cafe Ltd
1.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (17)
6 - Ritchies Cafe Ltd
17 - Industry AVG
Pay Structure
on an average salary of £11.8k, the company has an equivalent pay structure (£11.8k)
- Ritchies Cafe Ltd
£11.8k - Industry AVG
Efficiency
resulting in sales per employee of £31.4k, this is less efficient (£38.8k)
- Ritchies Cafe Ltd
£38.8k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (7 days)
- Ritchies Cafe Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 257 days, this is slower than average (32 days)
- Ritchies Cafe Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ritchies Cafe Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ritchies Cafe Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211.6%, this is a higher level of debt than the average (77.6%)
211.6% - Ritchies Cafe Ltd
77.6% - Industry AVG
RITCHIES CAFE LTD financials
Ritchies Cafe Ltd's latest turnover from July 2024 is estimated at £188.2 thousand and the company has net assets of -£54.1 thousand. According to their latest financial statements, Ritchies Cafe Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|---|
| 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 | 6 | 3 | 3 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 29,614 | 36,049 | 42,911 | 50,341 | 58,531 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,614 | 36,049 | 42,911 | 50,341 | 58,531 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,833 | 32,818 | 24,301 | 21,542 | 10,850 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 3,194 | 2,823 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,833 | 32,818 | 27,495 | 24,365 | 10,850 |
| total assets | 48,447 | 68,867 | 70,406 | 74,706 | 69,381 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 80,190 | 46,050 | 34,433 | 26,828 | 13,380 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 80,190 | 46,050 | 34,433 | 26,828 | 13,380 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 810 | 0 | 0 | 0 | 92 |
| other liabilities | 21,508 | 28,485 | 36,636 | 43,355 | 50,000 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 22,318 | 28,485 | 36,636 | 43,355 | 50,092 |
| total liabilities | 102,508 | 74,535 | 71,069 | 70,183 | 63,472 |
| net assets | -54,061 | -5,668 | -663 | 4,523 | 5,909 |
| total shareholders funds | -54,061 | -5,668 | -663 | 4,523 | 5,909 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,985 | 5,323 | 3,130 | 13,515 | 10,850 |
| Creditors | 34,140 | 11,617 | 7,605 | 13,448 | 13,380 |
| Accruals and Deferred Income | 810 | 0 | 0 | -92 | 92 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,977 | -8,151 | -6,719 | -6,645 | 50,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
ritchies cafe ltd Credit Report and Business Information
Ritchies Cafe Ltd Competitor Analysis
Perform a competitor analysis for ritchies cafe ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in IG11 area or any other competitors across 12 key performance metrics.
ritchies cafe ltd Ownership
RITCHIES CAFE LTD group structure
Ritchies Cafe Ltd has no subsidiary companies.
Ultimate parent company
RITCHIES CAFE LTD
12110536
ritchies cafe ltd directors
Ritchies Cafe Ltd currently has 1 director, Mr Mohammed Salique serving since Jul 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Salique | England | 46 years | Jul 2019 | - | Director |
P&L
July 2024turnover
188.2k
+15%
operating profit
-48.4k
0%
gross margin
39.5%
+5.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
-54.1k
+8.54%
total assets
48.4k
-0.3%
cash
0
0%
net assets
Total assets minus all liabilities
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ritchies cafe ltd company details
company number
12110536
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
-
address
10 faircross parade, longbridge road, barking, IG11 8UN
Bank
-
Legal Advisor
-
ritchies cafe 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 ritchies cafe ltd.
ritchies cafe 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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ritchies cafe ltd Companies House Filings - See Documents
| date | description | view/download |
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