feeding change 2 cic
feeding change 2 cic Company Information
Company Number
13285247
Next Accounts
Dec 2025
Shareholders
l4 enterprises cic
Group Structure
View All
Industry
Other food service activities
+1Registered Address
the west suite, the mill, brimscombe hill, stroud, GL5 2QG
Website
-feeding change 2 cic Estimated Valuation
Pomanda estimates the enterprise value of FEEDING CHANGE 2 CIC at £125.8k based on a Turnover of £259.8k and 0.48x industry multiple (adjusted for size and gross margin).
feeding change 2 cic Estimated Valuation
Pomanda estimates the enterprise value of FEEDING CHANGE 2 CIC at £7.4k based on an EBITDA of £1.7k and a 4.3x industry multiple (adjusted for size and gross margin).
feeding change 2 cic Estimated Valuation
Pomanda estimates the enterprise value of FEEDING CHANGE 2 CIC at £0 based on Net Assets of £-22.8k and 2.7x industry multiple (adjusted for liquidity).
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Feeding Change 2 Cic Overview
Feeding Change 2 Cic is a live company located in stroud, GL5 2QG with a Companies House number of 13285247. It operates in the other food services sector, SIC Code 56290. Founded in March 2021, it's largest shareholder is l4 enterprises cic with a 100% stake. Feeding Change 2 Cic is a startup, micro sized company, Pomanda has estimated its turnover at £259.8k with unknown growth in recent years.
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Feeding Change 2 Cic Health Check
Pomanda's financial health check has awarded Feeding Change 2 Cic a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £259.8k, make it smaller than the average company (£945.2k)
- Feeding Change 2 Cic
£945.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Feeding Change 2 Cic
- - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- Feeding Change 2 Cic
43.1% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.8%)
- Feeding Change 2 Cic
5.8% - Industry AVG
Employees
with 7 employees, this is below the industry average (15)
7 - Feeding Change 2 Cic
15 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Feeding Change 2 Cic
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £37.1k, this is less efficient (£91.3k)
- Feeding Change 2 Cic
£91.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Feeding Change 2 Cic
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (29 days)
- Feeding Change 2 Cic
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Feeding Change 2 Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (25 weeks)
12 weeks - Feeding Change 2 Cic
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 462.4%, this is a higher level of debt than the average (59.1%)
462.4% - Feeding Change 2 Cic
59.1% - Industry AVG
FEEDING CHANGE 2 CIC financials
Feeding Change 2 Cic's latest turnover from March 2024 is estimated at £259.8 thousand and the company has net assets of -£22.8 thousand. According to their latest financial statements, Feeding Change 2 Cic has 7 employees and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Turnover | 271,545 | 43,590 | |
| Other Income Or Grants | |||
| Cost Of Sales | 204,207 | 44,456 | |
| Gross Profit | 67,338 | -866 | |
| Admin Expenses | 81,708 | 4,973 | |
| Operating Profit | -14,370 | -5,839 | |
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | -14,370 | -5,839 | |
| Tax | |||
| Profit After Tax | -14,370 | -5,839 | |
| Dividends Paid | |||
| Retained Profit | -14,370 | -5,839 | |
| Employee Costs | |||
| Number Of Employees | 7 | 11 | 5 |
| EBITDA* | -14,024 | -5,839 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | 662 | 1,225 | 594 |
| Intangible Assets | |||
| Investments & Other | 10 | ||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 672 | 1,225 | 594 |
| Stock & work in progress | |||
| Trade Debtors | 40,396 | 18,184 | |
| Group Debtors | 2,776 | ||
| Misc Debtors | 1,697 | 100 | 100 |
| Cash | 1,147 | 1,280 | 2,257 |
| misc current assets | |||
| total current assets | 5,620 | 41,776 | 20,541 |
| total assets | 6,292 | 43,001 | 21,135 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 11 | 2,292 | 2,142 |
| Group/Directors Accounts | 2,142 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 2,772 | 15,225 | 3,882 |
| total current liabilities | 4,925 | 17,517 | 6,024 |
| loans | 24,169 | 45,593 | 20,850 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 24,169 | 45,593 | 20,850 |
| total liabilities | 29,094 | 63,110 | 26,874 |
| net assets | -22,802 | -20,109 | -5,739 |
| total shareholders funds | -22,802 | -20,109 | -5,739 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -14,370 | -5,839 | |
| Depreciation | 563 | 346 | |
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -36,023 | 22,212 | 18,284 |
| Creditors | -2,281 | 150 | 2,142 |
| Accruals and Deferred Income | -12,453 | 11,343 | 3,882 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | -24,743 | ||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 10 | ||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 2,142 | ||
| Other Short Term Loans | |||
| Long term loans | -21,424 | 24,743 | 20,850 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | 24,743 | 20,950 | |
| cash and cash equivalents | |||
| cash | -133 | -977 | 2,257 |
| overdraft | |||
| change in cash | -133 | -977 | 2,257 |
feeding change 2 cic Credit Report and Business Information
Feeding Change 2 Cic Competitor Analysis
Perform a competitor analysis for feeding change 2 cic by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in GL5 area or any other competitors across 12 key performance metrics.
feeding change 2 cic Ownership
FEEDING CHANGE 2 CIC group structure
Feeding Change 2 Cic has no subsidiary companies.
feeding change 2 cic directors
Feeding Change 2 Cic currently has 2 directors. The longest serving directors include Mr William Mansell (Mar 2021) and Mr Thomas Herbert (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Mansell | England | 37 years | Mar 2021 | - | Director |
| Mr Thomas Herbert | England | 48 years | Sep 2022 | - | Director |
P&L
March 2024turnover
259.8k
-4%
operating profit
1.2k
0%
gross margin
43.1%
+73.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-22.8k
+0.13%
total assets
6.3k
-0.85%
cash
1.1k
-0.1%
net assets
Total assets minus all liabilities
Similar Companies
feeding change 2 cic company details
company number
13285247
Type
Private limited with Share Capital
industry
56290 - Other food service activities
70229 - Management consultancy activities (other than financial management)
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
the west suite, the mill, brimscombe hill, stroud, GL5 2QG
Bank
-
Legal Advisor
-
feeding change 2 cic 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 feeding change 2 cic.
feeding change 2 cic 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 FEEDING CHANGE 2 CIC. This can take several minutes, an email will notify you when this has completed.
feeding change 2 cic Companies House Filings - See Documents
| date | description | view/download |
|---|
