elight food and beverages ltd
elight food and beverages ltd Company Information
Company Number
12967736
Website
-Registered Address
3 queens avenue, stanmore, middlesex, HA7 2LE
Industry
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
prakash batukbhai mangukiya 12.5%
manish aka milan hareshadkumar vyas 12.5%
View Allelight food and beverages ltd Estimated Valuation
Pomanda estimates the enterprise value of ELIGHT FOOD AND BEVERAGES LTD at £274.6k based on a Turnover of £488.6k and 0.56x industry multiple (adjusted for size and gross margin).
elight food and beverages ltd Estimated Valuation
Pomanda estimates the enterprise value of ELIGHT FOOD AND BEVERAGES LTD at £0 based on an EBITDA of £-62.8k and a 3.98x industry multiple (adjusted for size and gross margin).
elight food and beverages ltd Estimated Valuation
Pomanda estimates the enterprise value of ELIGHT FOOD AND BEVERAGES LTD at £0 based on Net Assets of £-213.2k and 2.38x industry multiple (adjusted for liquidity).
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Elight Food And Beverages Ltd Overview
Elight Food And Beverages Ltd is a live company located in middlesex, HA7 2LE with a Companies House number of 12967736. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in October 2020, it's largest shareholder is prakash batukbhai mangukiya with a 12.5% stake. Elight Food And Beverages Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £488.6k with unknown growth in recent years.
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Elight Food And Beverages Ltd Health Check
Pomanda's financial health check has awarded Elight Food And Beverages Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
3 Weak
Size
annual sales of £488.6k, make it larger than the average company (£143.1k)
- Elight Food And Beverages Ltd
£143.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Elight Food And Beverages Ltd
- - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (51.3%)
- Elight Food And Beverages Ltd
51.3% - Industry AVG
Profitability
an operating margin of -12.9% make it less profitable than the average company (2.2%)
- Elight Food And Beverages Ltd
2.2% - Industry AVG
Employees
with 9 employees, this is above the industry average (4)
- Elight Food And Beverages Ltd
4 - Industry AVG
Pay Structure
on an average salary of £11.6k, the company has an equivalent pay structure (£11.6k)
- Elight Food And Beverages Ltd
£11.6k - Industry AVG
Efficiency
resulting in sales per employee of £54.3k, this is more efficient (£39.2k)
- Elight Food And Beverages Ltd
£39.2k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is near the average (21 days)
- Elight Food And Beverages Ltd
21 days - Industry AVG
Creditor Days
its suppliers are paid after 220 days, this is slower than average (21 days)
- Elight Food And Beverages Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elight Food And Beverages Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Elight Food And Beverages Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1046.6%, this is a higher level of debt than the average (85.2%)
1046.6% - Elight Food And Beverages Ltd
85.2% - Industry AVG
ELIGHT FOOD AND BEVERAGES LTD financials
Elight Food And Beverages Ltd's latest turnover from October 2023 is estimated at £488.6 thousand and the company has net assets of -£213.2 thousand. According to their latest financial statements, we estimate that Elight Food And Beverages Ltd has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| 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 | 4 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 42,675 | 56,900 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 42,675 | 56,900 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 22,526 | 10,225 | 27,736 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 22,526 | 10,225 | 27,736 |
| total assets | 22,526 | 52,900 | 84,636 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 207,311 | 203,298 | 125,743 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 207,311 | 203,298 | 125,743 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 28,450 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 28,450 | 0 | 0 |
| total liabilities | 235,761 | 203,298 | 125,743 |
| net assets | -213,235 | -150,398 | -41,107 |
| total shareholders funds | -213,235 | -150,398 | -41,107 |
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 12,301 | -17,511 | 27,736 |
| Creditors | 4,013 | 77,555 | 125,743 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| 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 | 28,450 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
elight food and beverages ltd Credit Report and Business Information
Elight Food And Beverages Ltd Competitor Analysis
Perform a competitor analysis for elight food and beverages ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in HA7 area or any other competitors across 12 key performance metrics.
elight food and beverages ltd Ownership
ELIGHT FOOD AND BEVERAGES LTD group structure
Elight Food And Beverages Ltd has no subsidiary companies.
Ultimate parent company
ELIGHT FOOD AND BEVERAGES LTD
12967736
elight food and beverages ltd directors
Elight Food And Beverages Ltd currently has 2 directors. The longest serving directors include Mr Shrikant Bhavsar (Oct 2020) and Mr Darshik Vyas (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shrikant Bhavsar | United Kingdom | 43 years | Oct 2020 | - | Director |
| Mr Darshik Vyas | United Kingdom | 44 years | Oct 2020 | - | Director |
P&L
October 2023turnover
488.6k
+101%
operating profit
-62.8k
0%
gross margin
29.9%
-14.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-213.2k
+0.42%
total assets
22.5k
-0.57%
cash
0
0%
net assets
Total assets minus all liabilities
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elight food and beverages ltd company details
company number
12967736
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
3 queens avenue, stanmore, middlesex, HA7 2LE
Bank
-
Legal Advisor
-
elight food and beverages 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 elight food and beverages ltd.
elight food and beverages ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
