eat chips ltd
eat chips ltd Company Information
Company Number
14524308
Website
-Registered Address
77 holyhead road, birmingham, B21 0LG
Industry
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
harminder sandhu 50%
navjoat singh 50%
eat chips ltd Estimated Valuation
Pomanda estimates the enterprise value of EAT CHIPS LTD at £36.5k based on a Turnover of £73.3k and 0.5x industry multiple (adjusted for size and gross margin).
eat chips ltd Estimated Valuation
Pomanda estimates the enterprise value of EAT CHIPS LTD at £5.3k based on an EBITDA of £1.5k and a 3.68x industry multiple (adjusted for size and gross margin).
eat chips ltd Estimated Valuation
Pomanda estimates the enterprise value of EAT CHIPS LTD at £2.6k based on Net Assets of £1.1k and 2.36x industry multiple (adjusted for liquidity).
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Eat Chips Ltd Overview
Eat Chips Ltd is a live company located in birmingham, B21 0LG with a Companies House number of 14524308. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in December 2022, it's largest shareholder is harminder sandhu with a 50% stake. Eat Chips Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £73.3k with unknown growth in recent years.
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Eat Chips Ltd Health Check
Pomanda's financial health check has awarded Eat Chips Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £73.3k, make it smaller than the average company (£183.6k)
- Eat Chips Ltd
£183.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Eat Chips Ltd
- - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (46.6%)
- Eat Chips Ltd
46.6% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (2.6%)
- Eat Chips Ltd
2.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Eat Chips Ltd
5 - Industry AVG
Pay Structure
on an average salary of £11.7k, the company has an equivalent pay structure (£11.7k)
- Eat Chips Ltd
£11.7k - Industry AVG
Efficiency
resulting in sales per employee of £73.3k, this is more efficient (£40.1k)
- Eat Chips Ltd
£40.1k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (18 days)
- Eat Chips Ltd
18 days - Industry AVG
Creditor Days
its suppliers are paid after 263 days, this is slower than average (18 days)
- Eat Chips Ltd
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Eat Chips Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Eat Chips Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.4%, this is a higher level of debt than the average (81.1%)
97.4% - Eat Chips Ltd
81.1% - Industry AVG
EAT CHIPS LTD financials
Eat Chips Ltd's latest turnover from December 2023 is estimated at £73.3 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Eat Chips Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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
| Dec 2023 | |
|---|---|
| Tangible Assets | 34,246 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 34,246 |
| Stock & work in progress | 0 |
| Trade Debtors | 7,318 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 7,318 |
| total assets | 41,564 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 39,225 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 39,225 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 1,250 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 1,250 |
| total liabilities | 40,475 |
| net assets | 1,089 |
| total shareholders funds | 1,089 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 7,318 |
| Creditors | 39,225 |
| Accruals and Deferred Income | 1,250 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
eat chips ltd Credit Report and Business Information
Eat Chips Ltd Competitor Analysis
Perform a competitor analysis for eat chips ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B21 area or any other competitors across 12 key performance metrics.
eat chips ltd Ownership
EAT CHIPS LTD group structure
Eat Chips Ltd has no subsidiary companies.
Ultimate parent company
EAT CHIPS LTD
14524308
eat chips ltd directors
Eat Chips Ltd currently has 2 directors. The longest serving directors include Mr Navjoat Singh (Dec 2022) and Mr Harminder Sandhu (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Navjoat Singh | England | 25 years | Dec 2022 | - | Director |
| Mr Harminder Sandhu | England | 43 years | Dec 2022 | - | Director |
P&L
December 2023turnover
73.3k
0%
operating profit
1.5k
0%
gross margin
25.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1k
0%
total assets
41.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
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eat chips ltd company details
company number
14524308
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
December 2022
age
2
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
77 holyhead road, birmingham, B21 0LG
Bank
-
Legal Advisor
-
eat chips 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 eat chips ltd.
eat chips ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
