food point 1 ltd

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food point 1 ltd Company Information

Share FOOD POINT 1 LTD

Company Number

13001470

Shareholders

muhammad ibrar & mohammed asrar

Group Structure

View All

Industry

Take away food shops and mobile food stands

 

Registered Address

375 victoria avenue, manchester, M9 8WQ

Website

-

food point 1 ltd Estimated Valuation

£146.9k

Pomanda estimates the enterprise value of FOOD POINT 1 LTD at £146.9k based on a Turnover of £195.6k and 0.75x industry multiple (adjusted for size and gross margin).

food point 1 ltd Estimated Valuation

£3.6k

Pomanda estimates the enterprise value of FOOD POINT 1 LTD at £3.6k based on an EBITDA of £825 and a 4.42x industry multiple (adjusted for size and gross margin).

food point 1 ltd Estimated Valuation

£5.1k

Pomanda estimates the enterprise value of FOOD POINT 1 LTD at £5.1k based on Net Assets of £1.9k and 2.65x industry multiple (adjusted for liquidity).

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Food Point 1 Ltd Overview

Food Point 1 Ltd is a live company located in manchester, M9 8WQ with a Companies House number of 13001470. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in November 2020, it's largest shareholder is muhammad ibrar & mohammed asrar with a 100% stake. Food Point 1 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £195.6k with unknown growth in recent years.

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Food Point 1 Ltd Health Check

Pomanda's financial health check has awarded Food Point 1 Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £195.6k, make it larger than the average company (£145.3k)

£195.6k - Food Point 1 Ltd

£145.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Food Point 1 Ltd

- - Industry AVG

production

Production

with a gross margin of 52.8%, this company has a comparable cost of product (52.8%)

52.8% - Food Point 1 Ltd

52.8% - Industry AVG

profitability

Profitability

an operating margin of 0.4% make it less profitable than the average company (2.4%)

0.4% - Food Point 1 Ltd

2.4% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (4)

5 - Food Point 1 Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)

£11.4k - Food Point 1 Ltd

£11.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £39.1k, this is equally as efficient (£39.1k)

£39.1k - Food Point 1 Ltd

£39.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Food Point 1 Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Food Point 1 Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Food Point 1 Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (21 weeks)

28 weeks - Food Point 1 Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82.8%, this is a similar level of debt than the average (84.1%)

82.8% - Food Point 1 Ltd

84.1% - Industry AVG

FOOD POINT 1 LTD financials

EXPORTms excel logo

Food Point 1 Ltd's latest turnover from November 2023 is estimated at £195.6 thousand and the company has net assets of £1.9 thousand. According to their latest financial statements, Food Point 1 Ltd has 5 employees and maintains cash reserves of £5.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021
Turnover195,561113,09779,581
Other Income Or Grants
Cost Of Sales92,34455,73639,952
Gross Profit103,21757,36139,628
Admin Expenses102,39155,88839,613
Operating Profit8261,47315
Interest Payable
Interest Receivable133
Pre-Tax Profit9591,47315
Tax-240-280-3
Profit After Tax7191,19312
Dividends Paid
Retained Profit7191,19312
Employee Costs56,99945,00043,314
Number Of Employees544
EBITDA*8261,47315

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021
Tangible Assets3,2444,055
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,2444,055
Stock & work in progress
Trade Debtors3,662698
Group Debtors
Misc Debtors2,868
Cash5,065
misc current assets
total current assets7,9333,662698
total assets11,1777,717698
Bank overdraft
Bank loan
Trade Creditors 6,512686
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities9,252
total current liabilities9,2526,512686
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,2526,512686
net assets1,9251,20512
total shareholders funds1,9251,20512
Nov 2023Nov 2022Nov 2021
Operating Activities
Operating Profit8261,47315
Depreciation
Amortisation
Tax-240-280-3
Stock
Debtors-7942,964698
Creditors-6,5125,826686
Accruals and Deferred Income9,252
Deferred Taxes & Provisions
Cash flow from operations4,1204,055
Investing Activities
capital expenditure811-4,055
Change in Investments
cash flow from investments811-4,055
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest133
cash flow from financing134
cash and cash equivalents
cash5,065
overdraft
change in cash5,065

food point 1 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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Food Point 1 Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for food point 1 ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in M 9 area or any other competitors across 12 key performance metrics.

food point 1 ltd Ownership

FOOD POINT 1 LTD group structure

Food Point 1 Ltd has no subsidiary companies.

Ultimate parent company

FOOD POINT 1 LTD

13001470

FOOD POINT 1 LTD Shareholders

muhammad ibrar & mohammed asrar 100%

food point 1 ltd directors

Food Point 1 Ltd currently has 1 director, Mr Mohammed Asrar serving since Dec 2021.

officercountryagestartendrole
Mr Mohammed AsrarEngland35 years Dec 2021- Director

P&L

November 2023

turnover

195.6k

+73%

operating profit

825.7

0%

gross margin

52.8%

+4.06%

turnover

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

Balance Sheet

November 2023

net assets

1.9k

+0.6%

total assets

11.2k

+0.45%

cash

5.1k

0%

net assets

Total assets minus all liabilities

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food point 1 ltd company details

company number

13001470

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

incorporation date

November 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

375 victoria avenue, manchester, M9 8WQ

Bank

-

Legal Advisor

-

food point 1 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 food point 1 ltd.

food point 1 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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food point 1 ltd Companies House Filings - See Documents

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