eastern buffet company limited
eastern buffet company limited Company Information
Company Number
SC258832
Website
eastern-buffet.co.ukRegistered Address
units 3&4, 19/25 new row, dunfermline, fife, KY12 7EA
Industry
Licensed restaurants
Telephone
01383842400
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
fiona anne sung 25%
simon ya bin sung 25%
View Alleastern buffet company limited Estimated Valuation
Pomanda estimates the enterprise value of EASTERN BUFFET COMPANY LIMITED at £260.3k based on a Turnover of £438.5k and 0.59x industry multiple (adjusted for size and gross margin).
eastern buffet company limited Estimated Valuation
Pomanda estimates the enterprise value of EASTERN BUFFET COMPANY LIMITED at £0 based on an EBITDA of £-49.8k and a 3.52x industry multiple (adjusted for size and gross margin).
eastern buffet company limited Estimated Valuation
Pomanda estimates the enterprise value of EASTERN BUFFET COMPANY LIMITED at £0 based on Net Assets of £-654.9k and 3.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Eastern Buffet Company Limited Overview
Eastern Buffet Company Limited is a dissolved company that was located in dunfermline, KY12 7EA with a Companies House number of SC258832. It operated in the licenced restaurants sector, SIC Code 56101. Founded in November 2003, it's largest shareholder was fiona anne sung with a 25% stake. The last turnover for Eastern Buffet Company Limited was estimated at £438.5k.
Upgrade for unlimited company reports & a free credit check
Eastern Buffet Company Limited Health Check
Pomanda's financial health check has awarded Eastern Buffet Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £438.5k, make it smaller than the average company (£1.5m)
- Eastern Buffet Company Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.4%)
- Eastern Buffet Company Limited
4.4% - Industry AVG
Production
with a gross margin of 39.8%, this company has a higher cost of product (62%)
- Eastern Buffet Company Limited
62% - Industry AVG
Profitability
an operating margin of -14.2% make it less profitable than the average company (4.4%)
- Eastern Buffet Company Limited
4.4% - Industry AVG
Employees
with 8 employees, this is below the industry average (104)
- Eastern Buffet Company Limited
104 - Industry AVG
Pay Structure
on an average salary of £16.6k, the company has an equivalent pay structure (£16.6k)
- Eastern Buffet Company Limited
£16.6k - Industry AVG
Efficiency
resulting in sales per employee of £54.8k, this is more efficient (£46.6k)
- Eastern Buffet Company Limited
£46.6k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is later than average (4 days)
- Eastern Buffet Company Limited
4 days - Industry AVG
Creditor Days
its suppliers are paid after 994 days, this is slower than average (49 days)
- Eastern Buffet Company Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (14 days)
- Eastern Buffet Company Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Eastern Buffet Company Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1111.5%, this is a higher level of debt than the average (83.9%)
1111.5% - Eastern Buffet Company Limited
83.9% - Industry AVG
EASTERN BUFFET COMPANY LIMITED financials
Eastern Buffet Company Limited's latest turnover from March 2016 is estimated at £438.5 thousand and the company has net assets of -£654.9 thousand. According to their latest financial statements, we estimate that Eastern Buffet Company Limited has 8 employees and maintains cash reserves of £7.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,504 | 55,552 | 67,110 | 80,010 | 93,318 | 107,118 | 121,471 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 44,594 | 55,642 | 67,200 | 80,100 | 93,408 | 107,208 | 121,561 |
| Stock & work in progress | 3,560 | 3,874 | 3,733 | 3,780 | 4,454 | 4,500 | 3,910 |
| Trade Debtors | 8,863 | 9,246 | 9,157 | 909 | 1,107 | 8,229 | 1,058 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 7,731 | 12,401 | 7,315 | 7,693 | 2,321 | 942 | 227 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,154 | 25,521 | 20,205 | 12,382 | 7,882 | 13,671 | 5,195 |
| total assets | 64,748 | 81,163 | 87,405 | 92,482 | 101,290 | 120,879 | 126,756 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 719,697 | 673,814 | 623,151 | 575,610 | 555,740 | 531,724 | 472,707 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 719,697 | 673,814 | 623,151 | 575,610 | 555,740 | 531,724 | 472,707 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 719,697 | 673,814 | 623,151 | 575,610 | 555,740 | 531,724 | 472,707 |
| net assets | -654,949 | -592,651 | -535,746 | -483,128 | -454,450 | -410,845 | -345,951 |
| total shareholders funds | -654,949 | -592,651 | -535,746 | -483,128 | -454,450 | -410,845 | -345,951 |
| Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 12,516 | 12,760 | 12,900 | 13,308 | 13,800 | 14,353 | 14,929 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -314 | 141 | -47 | -674 | -46 | 590 | 3,910 |
| Debtors | -383 | 89 | 8,248 | -198 | -7,122 | 7,171 | 1,058 |
| Creditors | 45,883 | 50,663 | 47,541 | 19,870 | 24,016 | 59,017 | 472,707 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 90 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -4,670 | 5,086 | -378 | 5,372 | 1,379 | 715 | 227 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,670 | 5,086 | -378 | 5,372 | 1,379 | 715 | 227 |
eastern buffet company limited Credit Report and Business Information
Eastern Buffet Company Limited Competitor Analysis
Perform a competitor analysis for eastern buffet company limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
eastern buffet company limited Ownership
EASTERN BUFFET COMPANY LIMITED group structure
Eastern Buffet Company Limited has no subsidiary companies.
Ultimate parent company
EASTERN BUFFET COMPANY LIMITED
SC258832
eastern buffet company limited directors
Eastern Buffet Company Limited currently has 2 directors. The longest serving directors include Mr Simon Sung (Nov 2003) and Mr Bruce Lamb (Nov 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Sung | Scotland | 54 years | Nov 2003 | - | Director |
| Mr Bruce Lamb | Scotland | 58 years | Nov 2003 | - | Director |
P&L
March 2016turnover
438.5k
-3%
operating profit
-62.3k
0%
gross margin
39.8%
+2.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2016net assets
-654.9k
+0.11%
total assets
64.7k
-0.2%
cash
7.7k
-0.38%
net assets
Total assets minus all liabilities
eastern buffet company limited company details
company number
SC258832
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2003
age
21
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
units 3&4, 19/25 new row, dunfermline, fife, KY12 7EA
last accounts submitted
March 2016
eastern buffet company 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 1 charges/mortgages relating to eastern buffet company limited. Currently there are 1 open charges and 0 have been satisfied in the past.
eastern buffet company limited Companies House Filings - See Documents
| date | description | view/download |
|---|
