castlegate investments (edinburgh) limited Company Information
Company Number
SC069463
Website
http://thewitchery.comRegistered Address
352 castlehill, edinburgh, EH1 2NF
Industry
Licensed restaurants
Telephone
01316622322
Next Accounts Due
September 2024
Group Structure
View All
Directors
James Thomson35 Years
Shareholders
pacific shelf 636 limited 100%
castlegate investments (edinburgh) limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLEGATE INVESTMENTS (EDINBURGH) LIMITED at £4.2m based on a Turnover of £6.9m and 0.61x industry multiple (adjusted for size and gross margin).
castlegate investments (edinburgh) limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLEGATE INVESTMENTS (EDINBURGH) LIMITED at £10.2m based on an EBITDA of £2.2m and a 4.73x industry multiple (adjusted for size and gross margin).
castlegate investments (edinburgh) limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLEGATE INVESTMENTS (EDINBURGH) LIMITED at £35.2m based on Net Assets of £8.9m and 3.96x industry multiple (adjusted for liquidity).
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Castlegate Investments (edinburgh) Limited Overview
Castlegate Investments (edinburgh) Limited is a live company located in edinburgh, EH1 2NF with a Companies House number of SC069463. It operates in the licenced restaurants sector, SIC Code 56101. Founded in October 1979, it's largest shareholder is pacific shelf 636 limited with a 100% stake. Castlegate Investments (edinburgh) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.9m with declining growth in recent years.
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Castlegate Investments (edinburgh) Limited Health Check
Pomanda's financial health check has awarded Castlegate Investments (Edinburgh) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £6.9m, make it larger than the average company (£1.8m)
£6.9m - Castlegate Investments (edinburgh) Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (0.7%)
-2% - Castlegate Investments (edinburgh) Limited
0.7% - Industry AVG
Production
with a gross margin of 45.4%, this company has a comparable cost of product (56.6%)
45.4% - Castlegate Investments (edinburgh) Limited
56.6% - Industry AVG
Profitability
an operating margin of 28.6% make it more profitable than the average company (5%)
28.6% - Castlegate Investments (edinburgh) Limited
5% - Industry AVG
Employees
with 79 employees, this is above the industry average (37)
79 - Castlegate Investments (edinburgh) Limited
37 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has a higher pay structure (£18.8k)
£31.2k - Castlegate Investments (edinburgh) Limited
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £86.9k, this is more efficient (£48.6k)
£86.9k - Castlegate Investments (edinburgh) Limited
£48.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
1 days - Castlegate Investments (edinburgh) Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (55 days)
25 days - Castlegate Investments (edinburgh) Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 188 days, this is more than average (13 days)
188 days - Castlegate Investments (edinburgh) Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (15 weeks)
31 weeks - Castlegate Investments (edinburgh) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (83.7%)
36.6% - Castlegate Investments (edinburgh) Limited
83.7% - Industry AVG
castlegate investments (edinburgh) limited Credit Report and Business Information
Castlegate Investments (edinburgh) Limited Competitor Analysis
Perform a competitor analysis for castlegate investments (edinburgh) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
castlegate investments (edinburgh) limited Ownership
CASTLEGATE INVESTMENTS (EDINBURGH) LIMITED group structure
Castlegate Investments (Edinburgh) Limited has 1 subsidiary company.
Ultimate parent company
1 parent
CASTLEGATE INVESTMENTS (EDINBURGH) LIMITED
SC069463
1 subsidiary
castlegate investments (edinburgh) limited directors
Castlegate Investments (Edinburgh) Limited currently has 1 director, Mr James Thomson serving since Dec 1988.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Thomson | 65 years | Dec 1988 | - | Director |
CASTLEGATE INVESTMENTS (EDINBURGH) LIMITED financials
Castlegate Investments (Edinburgh) Limited's latest turnover from December 2022 is £6.9 million and the company has net assets of £8.9 million. According to their latest financial statements, Castlegate Investments (Edinburgh) Limited has 79 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 6,861,622 | 4,256,889 | 2,364,572 | 7,310,470 | 7,304,156 | 5,582,793 | 6,450,715 | 6,213,583 | 5,929,074 | 5,682,041 | 5,229,747 | 5,370,138 | 5,001,542 | 5,080,927 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Cost Of Sales | 3,743,609 | 2,441,739 | 2,610,507 | 4,527,113 | 4,464,532 | 3,280,852 | 3,918,935 | 3,680,172 | 3,487,053 | 3,224,876 | 3,217,499 | |||
Gross Profit | 3,118,013 | 1,815,150 | -245,935 | 2,783,357 | 2,839,624 | 2,301,941 | 2,531,780 | 2,533,411 | 2,442,021 | 2,457,165 | 1,863,428 | |||
Admin Expenses | 1,153,529 | 248,661 | -209,045 | 1,530,357 | 1,067,088 | 813,106 | 859,807 | 1,377,758 | 1,376,653 | 1,570,854 | 1,361,551 | |||
Operating Profit | 1,964,484 | 1,566,489 | -36,890 | 1,253,000 | 1,772,536 | 1,488,835 | 1,671,973 | 1,155,653 | 1,065,368 | 886,311 | 611,335 | 749,806 | 441,908 | 501,877 |
Interest Payable | 130,326 | 112,385 | 77,718 | 49,262 | 55,284 | 53,826 | 75,543 | 81,729 | 105,254 | 107,216 | 122,705 | 127,358 | 120,357 | 128,914 |
Interest Receivable | 1,583 | 0 | 0 | 87,066 | 67,918 | 41,559 | 488 | 674 | 0 | 2,112 | 11,356 | 0 | 0 | 0 |
Pre-Tax Profit | 1,835,741 | 1,454,104 | -114,608 | 1,290,804 | 1,785,170 | 1,476,568 | 1,596,918 | 1,074,598 | 960,114 | 781,207 | 499,986 | 622,448 | 499,301 | 372,963 |
Tax | -367,952 | -304,490 | 5,388 | -273,019 | -306,528 | -246,306 | -438,967 | -228,159 | -216,114 | -189,417 | -133,168 | -145,395 | -122,328 | -114,615 |
Profit After Tax | 1,467,789 | 1,149,614 | -109,220 | 1,017,785 | 1,478,642 | 1,230,262 | 1,157,951 | 846,439 | 744,000 | 591,790 | 366,818 | 477,053 | 376,973 | 258,348 |
Dividends Paid | 340,000 | 240,000 | 240,000 | 220,000 | 240,000 | 90,000 | 1,010,000 | 570,000 | 70,380 | 69,000 | 132,800 | 122,800 | 112,800 | 112,800 |
Retained Profit | 1,127,789 | 909,614 | -349,220 | 797,785 | 1,238,642 | 1,140,262 | 147,951 | 276,439 | 673,620 | 522,790 | 234,018 | 354,253 | 264,173 | 145,548 |
Employee Costs | 2,468,594 | 1,703,060 | 2,118,010 | 2,883,141 | 2,746,423 | 1,954,680 | 2,408,597 | 2,163,534 | 2,022,714 | 1,917,152 | 1,960,851 | 1,953,356 | 1,926,057 | 1,968,506 |
Number Of Employees | 79 | 72 | 108 | 130 | 124 | 123 | 118 | 119 | 111 | 117 | 119 | 117 | 115 | 116 |
EBITDA* | 2,155,334 | 1,760,448 | 103,030 | 1,403,080 | 1,913,358 | 1,591,404 | 1,806,014 | 1,292,099 | 1,198,434 | 1,014,109 | 744,104 | 888,704 | 585,387 | 649,976 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,296,224 | 1,255,370 | 1,353,069 | 1,476,380 | 1,557,054 | 1,581,852 | 1,578,425 | 1,562,964 | 1,644,275 | 1,690,372 | 1,602,599 | 1,666,156 | 1,759,493 | 1,881,401 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 5,452,653 | 5,452,653 | 5,452,653 | 2,681,058 | 2,681,058 | 2,405,637 | 2,149,166 | 2,681,058 | 2,681,058 | 2,681,058 | 2,681,058 | 2,681,058 | 2,681,058 | 2,681,058 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 6,748,877 | 6,708,023 | 6,805,722 | 4,157,438 | 4,238,112 | 3,987,489 | 3,727,591 | 4,244,022 | 4,325,333 | 4,371,430 | 4,283,657 | 4,347,214 | 4,440,551 | 4,562,459 |
Stock & work in progress | 1,928,578 | 1,823,308 | 1,813,068 | 1,893,518 | 1,648,401 | 1,491,055 | 1,320,455 | 1,122,824 | 992,612 | 885,612 | 760,768 | 646,502 | 612,332 | 577,645 |
Trade Debtors | 19,085 | 10,104 | 114,400 | 71,732 | 22,410 | 50,087 | 53,455 | 34,352 | 23,758 | 25,881 | 133,662 | 94,710 | 81,924 | 72,367 |
Group Debtors | 2,706,609 | 2,261,138 | 2,371,858 | 2,337,504 | 1,958,392 | 1,469,998 | 410,528 | 672,320 | 400,000 | 400,000 | 638,480 | 783,232 | 626,673 | 617,964 |
Misc Debtors | 983,597 | 477,517 | 314,161 | 152,612 | 123,909 | 199,978 | 1,211,953 | 768,977 | 697,141 | 282,870 | 55,032 | 1,910 | 30,464 | 41,317 |
Cash | 1,625,912 | 2,654,728 | 1,444,757 | 1,264,342 | 1,265,142 | 795,406 | 388,762 | 189,022 | 405,378 | 83,041 | 15,096 | 8,259 | 2,850 | 9,320 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 7,263,781 | 7,226,795 | 6,058,244 | 5,719,708 | 5,018,254 | 4,006,524 | 3,385,153 | 2,787,495 | 2,518,889 | 1,677,404 | 1,603,038 | 1,534,613 | 1,354,243 | 1,318,613 |
total assets | 14,012,658 | 13,934,818 | 12,863,966 | 9,877,146 | 9,256,366 | 7,994,013 | 7,112,744 | 7,031,517 | 6,844,222 | 6,048,834 | 5,886,695 | 5,881,827 | 5,794,794 | 5,881,072 |
Bank overdraft | 0 | 0 | 725 | 0 | 0 | 0 | 0 | 2,683 | 2,657 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 1,073,579 | 567,126 | 369,199 | 119,425 | 119,425 | 119,425 | 1,427,257 | 211,871 | 211,871 | 206,829 | 390,306 | 431,476 | 519,924 | 389,417 |
Trade Creditors | 261,730 | 212,962 | 28,901 | 353,521 | 359,311 | 239,503 | 255,737 | 465,400 | 638,127 | 192,648 | 266,490 | 315,383 | 367,192 | 295,808 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 179,285 | 39,469 | 0 | 2,898 | 13,047 | 89,823 |
other short term finances | 51,000 | 51,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,004 | 40,000 | 40,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,556 | 15,400 | 14,003 | 17,628 |
other current liabilities | 1,309,111 | 1,160,325 | 883,600 | 1,136,496 | 1,189,617 | 1,182,079 | 1,374,676 | 1,008,953 | 524,158 | 785,581 | 650,401 | 718,312 | 614,200 | 796,678 |
total current liabilities | 2,695,420 | 1,991,413 | 1,282,425 | 1,609,442 | 1,668,353 | 1,541,007 | 3,057,670 | 1,688,907 | 1,556,098 | 1,224,527 | 1,311,753 | 1,523,473 | 1,568,366 | 1,629,354 |
loans | 2,370,657 | 4,134,252 | 4,485,952 | 1,020,036 | 1,138,130 | 1,249,771 | 0 | 1,441,082 | 1,657,435 | 1,872,938 | 2,162,263 | 2,170,704 | 2,407,802 | 2,676,341 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,569 | 2,018 | 16,042 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 68,730 | 59,091 | 51,141 | 58,000 | 58,000 | 49,994 | 42,095 | 36,500 | 42,100 | 36,400 | 20,500 | 25,920 | 12,700 | 19,600 |
total long term liabilities | 2,439,387 | 4,193,343 | 4,741,093 | 1,078,036 | 1,196,130 | 1,299,765 | 42,095 | 1,477,582 | 1,699,535 | 1,909,338 | 2,182,763 | 2,200,193 | 2,422,520 | 2,711,983 |
total liabilities | 5,134,807 | 6,184,756 | 6,023,518 | 2,687,478 | 2,864,483 | 2,840,772 | 3,099,765 | 3,166,489 | 3,255,633 | 3,133,865 | 3,494,516 | 3,723,666 | 3,990,886 | 4,341,337 |
net assets | 8,877,851 | 7,750,062 | 6,840,448 | 7,189,668 | 6,391,883 | 5,153,241 | 4,012,979 | 3,865,028 | 3,588,589 | 2,914,969 | 2,392,179 | 2,158,161 | 1,803,908 | 1,539,735 |
total shareholders funds | 8,877,851 | 7,750,062 | 6,840,448 | 7,189,668 | 6,391,883 | 5,153,241 | 4,012,979 | 3,865,028 | 3,588,589 | 2,914,969 | 2,392,179 | 2,158,161 | 1,803,908 | 1,539,735 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 1,964,484 | 1,566,489 | -36,890 | 1,253,000 | 1,772,536 | 1,488,835 | 1,671,973 | 1,155,653 | 1,065,368 | 886,311 | 611,335 | 749,806 | 441,908 | 501,877 |
Depreciation | 115,844 | 118,953 | 139,920 | 150,080 | 140,822 | 102,569 | 134,041 | 136,446 | 133,066 | 127,798 | 132,769 | 138,898 | 143,479 | 148,099 |
Amortisation | 75,006 | 75,006 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -367,952 | -304,490 | 5,388 | -273,019 | -306,528 | -246,306 | -438,967 | -228,159 | -216,114 | -189,417 | -133,168 | -145,395 | -122,328 | -114,615 |
Stock | 105,270 | 10,240 | -80,450 | 245,117 | 157,346 | 368,231 | 197,631 | 130,212 | 107,000 | 124,844 | 114,266 | 34,170 | 34,687 | 577,645 |
Debtors | 960,532 | -51,660 | 238,571 | 457,137 | 384,648 | 244,414 | 200,287 | 354,750 | 412,148 | -118,423 | -52,678 | 140,791 | 7,413 | 731,648 |
Creditors | 48,768 | 184,061 | -324,620 | -5,790 | 119,808 | -225,897 | -209,663 | -172,727 | 445,479 | -73,842 | -48,893 | -51,809 | 71,384 | 295,808 |
Accruals and Deferred Income | 148,786 | 276,725 | -252,896 | -53,121 | 7,538 | 173,126 | 365,723 | 484,795 | -261,423 | 135,180 | -67,911 | 104,112 | -182,478 | 796,678 |
Deferred Taxes & Provisions | 9,639 | 7,950 | -6,859 | 0 | 8,006 | 13,494 | 5,595 | -5,600 | 5,700 | 15,900 | -5,420 | 13,220 | -6,900 | 19,600 |
Cash flow from operations | 928,773 | 1,966,114 | -634,078 | 368,896 | 1,200,188 | 693,176 | 1,130,784 | 885,446 | 652,928 | 895,509 | 427,124 | 633,871 | 302,965 | 338,154 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 2,771,595 | 0 | 275,421 | -275,421 | -531,892 | 0 | 0 | 0 | 0 | 0 | 0 | 2,681,058 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 506,453 | 197,927 | 249,774 | 0 | 0 | -92,446 | 1,215,386 | 0 | 5,042 | -183,477 | -41,170 | -88,448 | 130,507 | 389,417 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -179,285 | 139,816 | 39,469 | -2,898 | -10,149 | -76,776 | 89,823 |
Other Short Term Loans | 0 | 51,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -40,004 | 4 | 0 | 40,000 |
Long term loans | -1,763,595 | -351,700 | 3,465,916 | -118,094 | -111,641 | -191,311 | -1,441,082 | -216,353 | -215,503 | -289,325 | -8,441 | -237,098 | -268,539 | 2,676,341 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,556 | -14,413 | 2,948 | -17,649 | 33,670 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -128,743 | -112,385 | -77,718 | 37,804 | 12,634 | -12,267 | -75,055 | -81,055 | -105,254 | -105,104 | -111,349 | -127,358 | -120,357 | -128,914 |
cash flow from financing | -1,385,885 | -215,158 | 3,637,972 | -80,290 | -99,007 | -148,073 | -300,751 | -476,693 | -175,899 | -542,993 | -218,275 | -460,101 | -352,814 | 4,494,524 |
cash and cash equivalents | ||||||||||||||
cash | -1,028,816 | 1,209,971 | 180,415 | -800 | 469,736 | 606,384 | 199,740 | -216,356 | 322,337 | 67,945 | 6,837 | 5,409 | -6,470 | 9,320 |
overdraft | 0 | -725 | 725 | 0 | 0 | -2,683 | -2,683 | 26 | 2,657 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,028,816 | 1,210,696 | 179,690 | -800 | 469,736 | 609,067 | 202,423 | -216,382 | 319,680 | 67,945 | 6,837 | 5,409 | -6,470 | 9,320 |
P&L
December 2022turnover
6.9m
+61%
operating profit
2m
+25%
gross margin
45.5%
+6.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.9m
+0.15%
total assets
14m
+0.01%
cash
1.6m
-0.39%
net assets
Total assets minus all liabilities
castlegate investments (edinburgh) limited company details
company number
SC069463
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
October 1979
age
45
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
352 castlehill, edinburgh, EH1 2NF
last accounts submitted
December 2022
castlegate investments (edinburgh) 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 found 13 charges/mortgages relating to castlegate investments (edinburgh) limited. Currently there are 5 open charges and 8 have been satisfied in the past.
castlegate investments (edinburgh) limited Companies House Filings - See Documents
date | description | view/download |
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