Pomanda estimates the enterprise value of TORTILLA MEXICAN GRILL PLC at £110.5m based on a Turnover of £65.7m and 1.68x industry multiple (adjusted for size and gross margin).
tortilla mexican grill plcEstimated Valuation
£97.8m
Pomanda estimates the enterprise value of TORTILLA MEXICAN GRILL PLC at £97.8m based on an EBITDA of £9.1m and a 10.71x industry multiple (adjusted for size and gross margin).
tortilla mexican grill plcEstimated Valuation
£6.8m
Pomanda estimates the enterprise value of TORTILLA MEXICAN GRILL PLC at £6.8m based on Net Assets of £2.9m and 2.36x industry multiple (adjusted for liquidity).
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Tortilla Mexican Grill PlcOverview
Tortilla Mexican Grill Plc is a live company located in london, W1W 6YF with a Companies House number of 13511888. It operates in the licenced restaurants sector, SIC Code 56101. Founded in July 2021, it's largest shareholder is
brandon borg stephens
with a 100% stake. Tortilla Mexican Grill Plc is a startup,
large sized company, Pomanda has estimated its turnover at
£65.7m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Tortilla Mexican Grill Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
2 Regular
3 Weak
Size
annual sales of £57.7m, make it larger than the average company (£2.2m)
£57.7m - Tortilla Mexican Grill Plc
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Tortilla Mexican Grill Plc
- - Industry AVG
Production
with a gross margin of 76.4%, this company has a lower cost of product (59.3%)
76.4% - Tortilla Mexican Grill Plc
59.3% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5%)
0.9% - Tortilla Mexican Grill Plc
5% - Industry AVG
Employees
with 1144 employees, this is above the industry average (47)
1144 - Tortilla Mexican Grill Plc
47 - Industry AVG
Pay Structure
on an average salary of £16.2k, the company has an equivalent pay structure (£19.9k)
£16.2k - Tortilla Mexican Grill Plc
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £50.4k, this is equally as efficient (£51.9k)
£50.4k - Tortilla Mexican Grill Plc
£51.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (6 days)
3 days - Tortilla Mexican Grill Plc
6 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (53 days)
66 days - Tortilla Mexican Grill Plc
53 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (13 days)
10 days - Tortilla Mexican Grill Plc
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (17 weeks)
8 weeks - Tortilla Mexican Grill Plc
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.1%, this is a higher level of debt than the average (82.8%)
93.1% - Tortilla Mexican Grill Plc
82.8% - Industry AVG
TORTILLA MEXICAN GRILL PLC financials
EXPORT
Tortilla Mexican Grill Plc's latest turnover from December 2023 is £65.7 million and the company has net assets of £2.9 million. According to their latest financial statements, Tortilla Mexican Grill Plc has 1,146 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Jan 2023
Jan 2022
Dec 2021
Jan 2021
Turnover
65,674,965
57,698,487
48,075,399
48,075,000
26,832,846
Other Income Or Grants
Cost Of Sales
14,883,204
13,605,825
9,797,235
9,797,000
6,054,932
Gross Profit
50,791,761
44,092,662
38,278,164
38,278,000
20,777,914
Admin Expenses
50,107,651
43,556,533
34,644,009
34,644,000
21,247,189
Operating Profit
684,110
536,129
3,634,155
3,634,000
-469,275
Interest Payable
1,801,176
1,466,062
1,372,504
1,373,000
1,335,748
Interest Receivable
31,900
1,384
613
12,066
111,791
Pre-Tax Profit
-1,085,166
-928,549
2,262,264
2,262,000
-1,693,232
Tax
-7,377
290,327
-900,690
-901,000
Profit After Tax
-1,092,543
-638,222
1,361,574
1,361,000
-1,693,232
Dividends Paid
Retained Profit
-1,092,543
-638,222
1,361,574
1,362,000
-1,693,232
Employee Costs
21,407,196
18,558,837
14,333,277
14,333,000
11,268,458
Number Of Employees
1,146
1,144
785
785
675
EBITDA*
9,129,824
6,866,658
9,782,474
9,882,000
5,632,200
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Jan 2023
Jan 2022
Dec 2021
Jan 2021
Tangible Assets
14,119,801
13,721,101
34,203,781
34,204,000
34,436,984
Intangible Assets
32,147,533
33,667,563
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
46,267,334
47,388,664
34,203,781
34,204,000
34,436,984
Stock & work in progress
358,861
397,083
326,108
326,000
239,782
Trade Debtors
404,241
573,832
298,334
298,000
332,155
Group Debtors
Misc Debtors
2,730,834
1,620,045
1,590,368
1,566,140
Cash
1,644,674
2,375,800
9,653,172
9,653,000
10,086,759
misc current assets
total current assets
5,138,610
4,966,760
11,867,982
11,868,000
12,224,836
total assets
51,405,944
52,355,424
46,071,763
46,072,000
46,661,820
Bank overdraft
Bank loan
1,000,000
Trade Creditors
2,768,567
2,496,200
2,331,636
2,332,000
2,346,463
Group/Directors Accounts
other short term finances
5,831,000
hp & lease commitments
5,670,902
5,614,340
5,830,987
7,176,104
other current liabilities
6,980,938
6,613,869
5,298,919
2,563,241
total current liabilities
15,420,407
14,724,409
13,461,542
13,462,000
13,085,808
loans
64,963,916
68,080,064
57,486,088
71,243,580
hp & lease commitments
29,532,937
31,109,551
25,831,103
24,195,555
Accruals and Deferred Income
other liabilities
provisions
1,235,392
total long term liabilities
33,099,654
34,040,032
28,743,044
28,743,000
35,621,790
total liabilities
48,520,061
48,764,441
42,204,586
42,205,000
48,707,598
net assets
2,885,883
3,590,983
3,867,177
3,867,000
-2,045,778
total shareholders funds
2,885,883
3,590,983
3,867,177
3,867,000
-2,045,778
Dec 2023
Jan 2023
Jan 2022
Dec 2021
Jan 2021
Operating Activities
Operating Profit
684,110
536,129
3,634,155
3,634,000
-469,275
Depreciation
4,095,670
2,662,363
6,148,319
6,248,000
6,101,475
Amortisation
4,350,044
3,668,166
Tax
-7,377
290,327
-900,690
-901,000
Stock
32,753
70,975
108
326,000
239,782
Debtors
1,246,373
305,175
1,590,702
298,000
1,898,295
Creditors
436,931
164,564
-364
2,332,000
2,346,463
Accruals and Deferred Income
1,682,019
1,314,950
5,298,919
2,563,241
Deferred Taxes & Provisions
1,235,392
Cash flow from operations
11,197,663
8,260,349
12,589,529
10,689,000
8,403,827
Investing Activities
capital expenditure
-20,509,267
-19,515,412
-6,148,100
-40,452,000
-40,538,459
Change in Investments
cash flow from investments
-20,509,267
-19,515,412
-6,148,100
-40,452,000
-40,538,459
Financing Activities
Bank loans
1,000,000
Group/Directors Accounts
Other Short Term Loans
-5,831,000
5,831,000
Long term loans
7,477,828
10,593,976
57,486,088
71,243,580
Hire Purchase and Lease Commitments
3,541,749
5,061,801
31,662,090
31,371,659
other long term liabilities
share issue
111,249
362,028
-1,361,397
2,505,000
-352,546
interest
-1,769,276
-1,464,678
-1,371,891
-1,360,934
-1,223,957
cash flow from financing
9,361,550
14,553,127
80,583,890
6,975,066
102,038,736
cash and cash equivalents
cash
-8,008,498
-7,277,372
172
9,653,000
10,086,759
overdraft
change in cash
-8,008,498
-7,277,372
172
9,653,000
10,086,759
tortilla mexican grill plc Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tortilla mexican grill plc. Get real-time insights into tortilla mexican grill plc's credit score, group structure and payment trends.
Perform a competitor analysis for tortilla mexican grill plc by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in W1W area or any other competitors across 12 key performance metrics.
tortilla mexican grill plc Ownership
TORTILLA MEXICAN GRILL PLC group structure
Tortilla Mexican Grill Plc has 2 subsidiary companies.
The sole shareholder of Tortilla Mexican Grill Plc is Brandon Borg Stephens.
brandon borg stephens
100%
tortilla mexican grill plc directors
Tortilla Mexican Grill Plc currently has 8 directors.
The longest serving directors include
Mr Brandon Stephens (Jul 2021) and
Mr Andrew Naylor (Sep 2021).
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 1 charges/mortgages relating to tortilla mexican grill plc. Currently there are 1 open charges and 0 have been satisfied in the past.
tortilla mexican grill plc 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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tortilla mexican grill plcCompanies House Filings - See Documents
