lickgelato ltd
lickgelato ltd Company Information
Company Number
NI630633
Next Accounts
Jun 2025
Shareholders
novation catering ltd
Group Structure
View All
Industry
Manufacture of ice cream
Registered Address
12 causeway rd, newcastle, down, BT33 0DL
lickgelato ltd Estimated Valuation
Pomanda estimates the enterprise value of LICKGELATO LTD at £838.4k based on a Turnover of £1.5m and 0.57x industry multiple (adjusted for size and gross margin).
lickgelato ltd Estimated Valuation
Pomanda estimates the enterprise value of LICKGELATO LTD at £0 based on an EBITDA of £-32.6k and a 3.68x industry multiple (adjusted for size and gross margin).
lickgelato ltd Estimated Valuation
Pomanda estimates the enterprise value of LICKGELATO LTD at £0 based on Net Assets of £-90.5k and 3.29x industry multiple (adjusted for liquidity).
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Lickgelato Ltd Overview
Lickgelato Ltd is a live company located in down, BT33 0DL with a Companies House number of NI630633. It operates in the manufacture of ice cream sector, SIC Code 10520. Founded in April 2015, it's largest shareholder is novation catering ltd with a 100% stake. Lickgelato Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.
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Lickgelato Ltd Health Check
Pomanda's financial health check has awarded Lickgelato Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£21.8m)
- Lickgelato Ltd
£21.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (7.5%)
- Lickgelato Ltd
7.5% - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (35.1%)
- Lickgelato Ltd
35.1% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (3.7%)
- Lickgelato Ltd
3.7% - Industry AVG
Employees
with 17 employees, this is below the industry average (76)
17 - Lickgelato Ltd
76 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Lickgelato Ltd
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £87k, this is less efficient (£236.3k)
- Lickgelato Ltd
£236.3k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (35 days)
- Lickgelato Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (40 days)
- Lickgelato Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lickgelato Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lickgelato Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 139.4%, this is a higher level of debt than the average (57.4%)
139.4% - Lickgelato Ltd
57.4% - Industry AVG
LICKGELATO LTD financials
Lickgelato Ltd's latest turnover from September 2023 is estimated at £1.5 million and the company has net assets of -£90.5 thousand. According to their latest financial statements, Lickgelato Ltd has 17 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 17 | 20 | 8 | 8 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 195,284 | 167,473 | 175,827 | 74,467 | 78,356 | 73,403 | 82,755 | 91,157 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 195,284 | 167,473 | 175,827 | 74,467 | 78,356 | 73,403 | 82,755 | 91,157 |
| Stock & work in progress | 2,500 | |||||||
| Trade Debtors | 34,606 | 35,232 | 27,100 | 4,428 | 17,520 | 10,230 | 15,273 | 890 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 15,102 | |||||||
| misc current assets | 6,000 | |||||||
| total current assets | 34,606 | 35,232 | 27,100 | 4,428 | 17,520 | 16,230 | 15,273 | 18,492 |
| total assets | 229,890 | 202,705 | 202,927 | 78,895 | 95,876 | 89,633 | 98,028 | 109,649 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 320,358 | 260,535 | 253,874 | 117,479 | 134,329 | 115,232 | 97,043 | 102,593 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 320,358 | 260,535 | 253,874 | 117,479 | 134,329 | 115,232 | 97,043 | 102,593 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 320,358 | 260,535 | 253,874 | 117,479 | 134,329 | 115,232 | 97,043 | 102,593 |
| net assets | -90,468 | -57,830 | -50,947 | -38,584 | -38,453 | -25,599 | 985 | 7,056 |
| total shareholders funds | -90,468 | -57,830 | -50,947 | -38,584 | -38,453 | -25,599 | 985 | 7,056 |
| Sep 2023 | Sep 2022 | Sep 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 9,257 | |||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -2,500 | 2,500 | ||||||
| Debtors | -626 | 8,132 | 22,672 | -13,092 | 7,290 | -5,043 | 14,383 | 890 |
| Creditors | 59,823 | 6,661 | 136,395 | -16,850 | 19,097 | 18,189 | -5,550 | 102,593 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -15,102 | 15,102 | ||||||
| overdraft | ||||||||
| change in cash | -15,102 | 15,102 |
lickgelato ltd Credit Report and Business Information
Lickgelato Ltd Competitor Analysis
Perform a competitor analysis for lickgelato ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BT33 area or any other competitors across 12 key performance metrics.
lickgelato ltd Ownership
LICKGELATO LTD group structure
Lickgelato Ltd has no subsidiary companies.
lickgelato ltd directors
Lickgelato Ltd currently has 2 directors. The longest serving directors include Mr Simon Welby (Apr 2015) and Mrs Jo-Ann Welby (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Welby | Northern Ireland | 51 years | Apr 2015 | - | Director |
| Mrs Jo-Ann Welby | 47 years | Oct 2021 | - | Director |
P&L
September 2023turnover
1.5m
-20%
operating profit
-32.6k
0%
gross margin
22.5%
+61.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-90.5k
+0.56%
total assets
229.9k
+0.13%
cash
0
0%
net assets
Total assets minus all liabilities
lickgelato ltd company details
company number
NI630633
Type
Private limited with Share Capital
industry
10520 - Manufacture of ice cream
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
12 causeway rd, newcastle, down, BT33 0DL
Bank
-
Legal Advisor
-
lickgelato 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 lickgelato ltd.
lickgelato ltd 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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lickgelato ltd Companies House Filings - See Documents
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