bucks unit 1, arena retail park, classic drive, coventry, CV6 6AS
Website
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ready to dine limitedEstimated Valuation
£751.6k
Pomanda estimates the enterprise value of READY TO DINE LIMITED at £751.6k based on a Turnover of £1.2m and 0.6x industry multiple (adjusted for size and gross margin).
ready to dine limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of READY TO DINE LIMITED at £0 based on an EBITDA of £-160.3k and a 4.12x industry multiple (adjusted for size and gross margin).
ready to dine limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of READY TO DINE LIMITED at £0 based on Net Assets of £-206.2k and 2.63x industry multiple (adjusted for liquidity).
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Ready To Dine LimitedOverview
Ready To Dine Limited is a live company located in coventry, CV6 6AS with a Companies House number of 13759159. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in November 2021, it's largest shareholder is
manjit singh rai
with a 100% stake. Ready To Dine Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£1.2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Ready To Dine Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
1 Regular
4 Weak
Size
annual sales of £1.2m, make it larger than the average company (£397.6k)
£1.2m - Ready To Dine Limited
£397.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Ready To Dine Limited
- - Industry AVG
Production
with a gross margin of 37.9%, this company has a higher cost of product (61.8%)
37.9% - Ready To Dine Limited
61.8% - Industry AVG
Profitability
an operating margin of -12.9% make it less profitable than the average company (0.4%)
-12.9% - Ready To Dine Limited
0.4% - Industry AVG
Employees
with 26 employees, this is above the industry average (20)
26 - Ready To Dine Limited
20 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
£11.4k - Ready To Dine Limited
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £47.9k, this is more efficient (£38.3k)
£47.9k - Ready To Dine Limited
£38.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (5 days)
32 days - Ready To Dine Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (31 days)
64 days - Ready To Dine Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ready To Dine Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ready To Dine Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 183%, this is a higher level of debt than the average (75.8%)
183% - Ready To Dine Limited
75.8% - Industry AVG
READY TO DINE LIMITED financials
EXPORT
Ready To Dine Limited's latest turnover from November 2023 is estimated at £1.2 million and the company has net assets of -£206.2 thousand. According to their latest financial statements, we estimate that Ready To Dine Limited has 26 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Turnover
1,245,980
694,758
Other Income Or Grants
Cost Of Sales
773,391
396,752
Gross Profit
472,589
298,005
Admin Expenses
632,904
343,843
Operating Profit
-160,315
-45,838
Interest Payable
Interest Receivable
Pre-Tax Profit
-160,315
-45,838
Tax
Profit After Tax
-160,315
-45,838
Dividends Paid
Retained Profit
-160,315
-45,838
Employee Costs
297,333
171,424
Number Of Employees
26
15
EBITDA*
-160,315
-45,838
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Tangible Assets
138,173
64,863
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
138,173
64,863
Stock & work in progress
Trade Debtors
110,187
66,031
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
110,187
66,031
total assets
248,360
130,894
Bank overdraft
Bank loan
Trade Creditors
135,987
176,732
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
135,987
176,732
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
318,526
provisions
total long term liabilities
318,526
total liabilities
454,513
176,732
net assets
-206,153
-45,838
total shareholders funds
-206,153
-45,838
Nov 2023
Nov 2022
Operating Activities
Operating Profit
-160,315
-45,838
Depreciation
Amortisation
Tax
Stock
Debtors
44,156
66,031
Creditors
-40,745
176,732
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-245,216
64,863
Investing Activities
capital expenditure
-73,310
-64,863
Change in Investments
cash flow from investments
-73,310
-64,863
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
318,526
share issue
interest
cash flow from financing
318,526
cash and cash equivalents
cash
overdraft
change in cash
ready to dine limited 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 ready to dine limited. Get real-time insights into ready to dine limited's credit score, group structure and payment trends.
Perform a competitor analysis for ready to dine limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in CV6 area or any other competitors across 12 key performance metrics.
ready to dine limited Ownership
READY TO DINE LIMITED group structure
Ready To Dine Limited has no subsidiary companies.
bucks unit 1, arena retail park, classic drive, coventry, CV6 6AS
Bank
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Legal Advisor
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ready to dine limited 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 ready to dine limited.
ready to dine limited 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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ready to dine limitedCompanies House Filings - See Documents
