eat real ltd Company Information
Company Number
12814314
Next Accounts
Sep 2025
Industry
Manufacture of other food products n.e.c.
Shareholders
warp snacks limited
Group Structure
View All
Contact
Registered Address
132 townsend drive, attleborough fields industrial e, nuneaton, CV11 6TJ
Website
http://cofresh.co.ukeat real ltd Estimated Valuation
Pomanda estimates the enterprise value of EAT REAL LTD at £37.9m based on a Turnover of £27.6m and 1.38x industry multiple (adjusted for size and gross margin).
eat real ltd Estimated Valuation
Pomanda estimates the enterprise value of EAT REAL LTD at £34m based on an EBITDA of £3.4m and a 9.89x industry multiple (adjusted for size and gross margin).
eat real ltd Estimated Valuation
Pomanda estimates the enterprise value of EAT REAL LTD at £0 based on Net Assets of £-22.2m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Eat Real Ltd Overview
Eat Real Ltd is a live company located in nuneaton, CV11 6TJ with a Companies House number of 12814314. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in August 2020, it's largest shareholder is warp snacks limited with a 100% stake. Eat Real Ltd is a startup, large sized company, Pomanda has estimated its turnover at £27.6m with unknown growth in recent years.
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Eat Real Ltd Health Check
Pomanda's financial health check has awarded Eat Real Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £30m, make it larger than the average company (£22.2m)
£30m - Eat Real Ltd
£22.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Eat Real Ltd
- - Industry AVG
Production
with a gross margin of 45.9%, this company has a lower cost of product (24.7%)
45.9% - Eat Real Ltd
24.7% - Industry AVG
Profitability
an operating margin of -26.3% make it less profitable than the average company (3.6%)
-26.3% - Eat Real Ltd
3.6% - Industry AVG
Employees
with 208 employees, this is above the industry average (109)
208 - Eat Real Ltd
109 - Industry AVG
Pay Structure
on an average salary of £31.3k, the company has an equivalent pay structure (£36.8k)
£31.3k - Eat Real Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £144.4k, this is less efficient (£205.2k)
£144.4k - Eat Real Ltd
£205.2k - Industry AVG
Debtor Days
it gets paid by customers after 230 days, this is later than average (47 days)
230 days - Eat Real Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (48 days)
27 days - Eat Real Ltd
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Eat Real Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Eat Real Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 124.1%, this is a higher level of debt than the average (59.7%)
124.1% - Eat Real Ltd
59.7% - Industry AVG
EAT REAL LTD financials
Eat Real Ltd's latest turnover from December 2023 is £27.6 million and the company has net assets of -£22.2 million. According to their latest financial statements, Eat Real Ltd has 290 employees and maintains cash reserves of £63 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Jan 2023 | Jan 2022 | |
---|---|---|---|
Turnover | 27,570,000 | 30,035,000 | 29,241,000 |
Other Income Or Grants | 0 | 0 | 0 |
Cost Of Sales | 15,016,000 | 16,261,000 | 19,302,000 |
Gross Profit | 12,554,000 | 13,774,000 | 9,939,000 |
Admin Expenses | 15,502,000 | 21,685,000 | 21,307,000 |
Operating Profit | -2,948,000 | -7,911,000 | -11,368,000 |
Interest Payable | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 0 |
Pre-Tax Profit | -2,948,000 | -7,911,000 | -11,368,000 |
Tax | 0 | 0 | 0 |
Profit After Tax | -2,948,000 | -7,911,000 | -11,368,000 |
Dividends Paid | 0 | 0 | 0 |
Retained Profit | -2,948,000 | -7,911,000 | -11,368,000 |
Employee Costs | 9,823,000 | 6,519,000 | 2,553,000 |
Number Of Employees | 290 | 208 | 96 |
EBITDA* | 3,437,000 | -2,554,000 | -7,243,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Jan 2023 | Jan 2022 | |
---|---|---|---|
Tangible Assets | 32,225,000 | 35,084,000 | 24,414,000 |
Intangible Assets | 23,048,000 | 25,996,000 | 29,006,000 |
Investments & Other | 1,000 | 1,000 | 1,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 |
Total Fixed Assets | 55,274,000 | 61,081,000 | 53,421,000 |
Stock & work in progress | 0 | 0 | 0 |
Trade Debtors | 224,000 | 18,990,000 | 12,964,000 |
Group Debtors | 40,538,000 | 0 | 947,000 |
Misc Debtors | 374,000 | 0 | 4,980,000 |
Cash | 63,000 | 15,000 | 590,000 |
misc current assets | 0 | 0 | 0 |
total current assets | 41,199,000 | 19,005,000 | 19,481,000 |
total assets | 96,473,000 | 80,086,000 | 72,902,000 |
Bank overdraft | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 |
Trade Creditors | 971,000 | 1,218,000 | 9,506,000 |
Group/Directors Accounts | 116,477,000 | 96,212,000 | 68,374,000 |
other short term finances | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
other current liabilities | 1,251,000 | 1,934,000 | 6,389,000 |
total current liabilities | 118,699,000 | 99,364,000 | 84,269,000 |
loans | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 |
provisions | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 |
total liabilities | 118,699,000 | 99,364,000 | 84,269,000 |
net assets | -22,226,000 | -19,278,000 | -11,367,000 |
total shareholders funds | -22,226,000 | -19,278,000 | -11,367,000 |
Dec 2023 | Jan 2023 | Jan 2022 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | -2,948,000 | -7,911,000 | -11,368,000 |
Depreciation | 3,437,000 | 2,347,000 | 1,177,000 |
Amortisation | 2,948,000 | 3,010,000 | 2,948,000 |
Tax | 0 | 0 | 0 |
Stock | 0 | 0 | 0 |
Debtors | 22,245,000 | 99,000 | 18,891,000 |
Creditors | -8,535,000 | -8,288,000 | 9,506,000 |
Accruals and Deferred Income | -5,138,000 | -4,455,000 | 6,389,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 |
Cash flow from operations | -32,481,000 | -15,396,000 | -10,239,000 |
Investing Activities | |||
capital expenditure | |||
Change in Investments | 0 | 0 | 1,000 |
cash flow from investments | |||
Financing Activities | |||
Bank loans | 0 | 0 | 0 |
Group/Directors Accounts | 48,103,000 | 27,838,000 | 68,374,000 |
Other Short Term Loans | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 |
share issue | |||
interest | 0 | 0 | 0 |
cash flow from financing | 40,192,000 | 27,838,000 | 68,375,000 |
cash and cash equivalents | |||
cash | -527,000 | -575,000 | 590,000 |
overdraft | 0 | 0 | 0 |
change in cash | -527,000 | -575,000 | 590,000 |
eat real ltd Credit Report and Business Information
Eat Real Ltd Competitor Analysis
Perform a competitor analysis for eat real ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in CV11 area or any other competitors across 12 key performance metrics.
eat real ltd Ownership
EAT REAL LTD group structure
Eat Real Ltd has 2 subsidiary companies.
Ultimate parent company
2 parents
EAT REAL LTD
12814314
2 subsidiaries
eat real ltd directors
Eat Real Ltd currently has 3 directors. The longest serving directors include Ms Cassandra Stavrou (Jun 2023) and Mr Ketan Halai (Oct 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Cassandra Stavrou | United Kingdom | 41 years | Jun 2023 | - | Director |
Mr Ketan Halai | England | 45 years | Oct 2023 | - | Director |
Mr Alexander Brittain | United Kingdom | 44 years | May 2024 | - | Director |
P&L
December 2023turnover
27.6m
-6%
operating profit
-2.9m
-74%
gross margin
45.6%
+33.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-22.2m
+0.96%
total assets
96.5m
+0.32%
cash
63k
-0.89%
net assets
Total assets minus all liabilities
Similar Companies
eat real ltd company details
company number
12814314
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
incorporation date
August 2020
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
132 townsend drive, attleborough fields industrial e, nuneaton, CV11 6TJ
Bank
-
Legal Advisor
-
eat real 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 found 2 charges/mortgages relating to eat real ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
eat real 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 EAT REAL LTD. This can take several minutes, an email will notify you when this has completed.
eat real ltd Companies House Filings - See Documents
date | description | view/download |
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