latin cafe ltd
latin cafe ltd Company Information
Company Number
13401696
Website
latincafe.comRegistered Address
14 farlands drive, manchester, M205GB
Industry
Take away food shops and mobile food stands
Event catering activities
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
-0%
latin cafe ltd Estimated Valuation
Pomanda estimates the enterprise value of LATIN CAFE LTD at £4.3k based on a Turnover of £9.5k and 0.45x industry multiple (adjusted for size and gross margin).
latin cafe ltd Estimated Valuation
Pomanda estimates the enterprise value of LATIN CAFE LTD at £0 based on an EBITDA of £-756 and a 3.64x industry multiple (adjusted for size and gross margin).
latin cafe ltd Estimated Valuation
Pomanda estimates the enterprise value of LATIN CAFE LTD at £0 based on Net Assets of £-794 and 2.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Latin Cafe Ltd Overview
Latin Cafe Ltd is a live company located in manchester, M205GB with a Companies House number of 13401696. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in May 2021, it's largest shareholder is unknown. Latin Cafe Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £9.5k with unknown growth in recent years.
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Latin Cafe Ltd Health Check
Pomanda's financial health check has awarded Latin 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
1 Regular
7 Weak
Size
annual sales of £9.5k, make it smaller than the average company (£725.1k)
- Latin Cafe Ltd
£725.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Latin Cafe Ltd
- - Industry AVG
Production
with a gross margin of 21.8%, this company has a higher cost of product (40.8%)
- Latin Cafe Ltd
40.8% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (3.9%)
- Latin Cafe Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
- Latin Cafe Ltd
10 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has an equivalent pay structure (£17.7k)
- Latin Cafe Ltd
£17.7k - Industry AVG
Efficiency
resulting in sales per employee of £9.5k, this is less efficient (£51.9k)
- Latin Cafe Ltd
£51.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Latin Cafe Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (28 days)
- Latin Cafe Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Latin Cafe Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (24 weeks)
4 weeks - Latin Cafe Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 155.6%, this is a higher level of debt than the average (80%)
155.6% - Latin Cafe Ltd
80% - Industry AVG
LATIN CAFE LTD financials
Latin Cafe Ltd's latest turnover from May 2023 is estimated at £9.5 thousand and the company has net assets of -£794. According to their latest financial statements, we estimate that Latin Cafe Ltd has 1 employee and maintains cash reserves of £209 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 1,219 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,219 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 209 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 209 | 0 |
| total assets | 1,428 | 0 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 2,222 | 42 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 2,222 | 42 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 2,222 | 42 |
| net assets | -794 | -42 |
| total shareholders funds | -794 | -42 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 0 | 0 |
| Creditors | 2,180 | 42 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 209 | 0 |
| overdraft | 0 | 0 |
| change in cash | 209 | 0 |
latin cafe ltd Credit Report and Business Information
Latin Cafe Ltd Competitor Analysis
Perform a competitor analysis for latin cafe ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in M20 area or any other competitors across 12 key performance metrics.
latin cafe ltd Ownership
LATIN CAFE LTD group structure
Latin Cafe Ltd has no subsidiary companies.
Ultimate parent company
LATIN CAFE LTD
13401696
latin cafe ltd directors
Latin Cafe Ltd currently has 3 directors. The longest serving directors include Mr Peter Hockenhull (May 2021) and Mr Jorge Huth Candia (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Hockenhull | England | 74 years | May 2021 | - | Director |
| Mr Jorge Huth Candia | England | 29 years | May 2021 | - | Director |
| Mr Peter Hockenhull | England | 74 years | May 2021 | - | Director |
P&L
May 2023turnover
9.5k
-47%
operating profit
-756.7
0%
gross margin
21.8%
+7.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-794
+17.9%
total assets
1.4k
0%
cash
209
0%
net assets
Total assets minus all liabilities
Similar Companies
latin cafe ltd company details
company number
13401696
Type
Private Ltd By Guarantee w/o Share Cap
industry
56290 - Other food service activities
56103 - Take away food shops and mobile food stands
56210 - Event catering activities
incorporation date
May 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
14 farlands drive, manchester, M205GB
Bank
-
Legal Advisor
-
latin 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 latin cafe ltd.
latin cafe ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
