taboo donuts ltd Company Information
Company Number
NI651679
Website
taboodonuts.comRegistered Address
50 silverwood road, lurgan, craigavon, BT66 6NA
Industry
Manufacture of bread; manufacture of fresh pastry goods and cakes
Telephone
02871369600
Next Accounts Due
142 days late
Group Structure
View All
Directors
Brett McKinney1 Years
Shareholders
brett niall mckinney 75.8%
robert alexander mcmitchell 24.2%
taboo donuts ltd Estimated Valuation
Pomanda estimates the enterprise value of TABOO DONUTS LTD at £714.8k based on a Turnover of £1.4m and 0.53x industry multiple (adjusted for size and gross margin).
taboo donuts ltd Estimated Valuation
Pomanda estimates the enterprise value of TABOO DONUTS LTD at £167.8k based on an EBITDA of £39k and a 4.31x industry multiple (adjusted for size and gross margin).
taboo donuts ltd Estimated Valuation
Pomanda estimates the enterprise value of TABOO DONUTS LTD at £0 based on Net Assets of £-735.1k and 2.19x industry multiple (adjusted for liquidity).
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Taboo Donuts Ltd Overview
Taboo Donuts Ltd is a live company located in craigavon, BT66 6NA with a Companies House number of NI651679. It operates in the manufacture of bread sector, SIC Code 10710. Founded in March 2018, it's largest shareholder is brett niall mckinney with a 75.8% stake. Taboo Donuts Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Taboo Donuts Ltd Health Check
Pomanda's financial health check has awarded Taboo Donuts Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£13.5m)
- Taboo Donuts Ltd
£13.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (3.2%)
- Taboo Donuts Ltd
3.2% - Industry AVG
Production
with a gross margin of 30.2%, this company has a comparable cost of product (30.2%)
- Taboo Donuts Ltd
30.2% - Industry AVG
Profitability
an operating margin of -14.8% make it less profitable than the average company (5%)
- Taboo Donuts Ltd
5% - Industry AVG
Employees
with 17 employees, this is below the industry average (192)
- Taboo Donuts Ltd
192 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Taboo Donuts Ltd
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £79.7k, this is equally as efficient (£80.6k)
- Taboo Donuts Ltd
£80.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (41 days)
- Taboo Donuts Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (44 days)
- Taboo Donuts Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is more than average (23 days)
- Taboo Donuts Ltd
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Taboo Donuts Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.8%, this is a higher level of debt than the average (54%)
152.8% - Taboo Donuts Ltd
54% - Industry AVG
taboo donuts ltd Credit Report and Business Information
Taboo Donuts Ltd Competitor Analysis
Perform a competitor analysis for taboo donuts ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
taboo donuts ltd Ownership
TABOO DONUTS LTD group structure
Taboo Donuts Ltd has no subsidiary companies.
Ultimate parent company
TABOO DONUTS LTD
NI651679
taboo donuts ltd directors
Taboo Donuts Ltd currently has 1 director, Mr Brett McKinney serving since Apr 2023.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Brett McKinney | Northern Ireland | 28 years | Apr 2023 | - | Director |
TABOO DONUTS LTD financials
Taboo Donuts Ltd's latest turnover from March 2022 is estimated at £1.4 million and the company has net assets of -£735.1 thousand. According to their latest financial statements, we estimate that Taboo Donuts Ltd has 17 employees and maintains cash reserves of £66.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|
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 | 19 | 29 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|
Tangible Assets | 1,137,782 | 993,662 | 995,108 | 687,235 |
Intangible Assets | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,137,782 | 993,662 | 995,108 | 687,235 |
Stock & work in progress | 84,363 | 79,250 | 78,920 | 0 |
Trade Debtors | 60,573 | 57,169 | 138,084 | 197,366 |
Group Debtors | 0 | 0 | 0 | 0 |
Misc Debtors | 42,775 | 36,627 | 141,705 | 0 |
Cash | 66,372 | 39,225 | 50,744 | 0 |
misc current assets | 0 | 0 | 0 | 0 |
total current assets | 254,083 | 212,271 | 409,453 | 197,366 |
total assets | 1,391,865 | 1,205,933 | 1,404,561 | 884,601 |
Bank overdraft | 10,000 | 0 | 25,667 | 0 |
Bank loan | 0 | 0 | 0 | 0 |
Trade Creditors | 541,148 | 432,182 | 490,541 | 802,815 |
Group/Directors Accounts | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 |
hp & lease commitments | 28,780 | 62,779 | 99,843 | 0 |
other current liabilities | 1,447,632 | 1,156,280 | 821,542 | 0 |
total current liabilities | 2,027,560 | 1,651,241 | 1,437,593 | 802,815 |
loans | 32,500 | 59,722 | 9,722 | 0 |
hp & lease commitments | 66,879 | 26,883 | 45,980 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 26,389 |
provisions | 0 | 0 | 0 | 0 |
total long term liabilities | 99,379 | 86,605 | 55,702 | 26,389 |
total liabilities | 2,126,939 | 1,737,846 | 1,493,295 | 829,204 |
net assets | -735,074 | -531,913 | -88,734 | 55,397 |
total shareholders funds | -735,074 | -531,913 | -88,734 | 55,397 |
Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | 239,078 | 186,209 | 158,666 | |
Amortisation | 0 | 0 | 0 | |
Tax | ||||
Stock | 5,113 | 330 | 78,920 | 0 |
Debtors | 9,552 | -185,993 | 82,423 | 197,366 |
Creditors | 108,966 | -58,359 | -312,274 | 802,815 |
Accruals and Deferred Income | 291,352 | 334,738 | 821,542 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | 0 | 0 | 0 | 0 |
cash flow from investments | ||||
Financing Activities | ||||
Bank loans | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 |
Long term loans | -27,222 | 50,000 | 9,722 | 0 |
Hire Purchase and Lease Commitments | 5,997 | -56,161 | 145,823 | 0 |
other long term liabilities | 0 | 0 | -26,389 | 26,389 |
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | 27,147 | -11,519 | 50,744 | 0 |
overdraft | 10,000 | -25,667 | 25,667 | 0 |
change in cash | 17,147 | 14,148 | 25,077 | 0 |
P&L
March 2022turnover
1.4m
+3%
operating profit
-200.1k
0%
gross margin
30.3%
-0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-735.1k
+0.38%
total assets
1.4m
+0.15%
cash
66.4k
+0.69%
net assets
Total assets minus all liabilities
taboo donuts ltd company details
company number
NI651679
Type
Private limited with Share Capital
industry
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
incorporation date
March 2018
age
6
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
50 silverwood road, lurgan, craigavon, BT66 6NA
last accounts submitted
March 2022
taboo donuts 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 found 1 charges/mortgages relating to taboo donuts ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
taboo donuts ltd Companies House Filings - See Documents
date | description | view/download |
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