mcchans oriental express ltd
mcchans oriental express ltd Company Information
Company Number
SC283070
Website
-Registered Address
c/o grainger corporate rescue &, third floor, glasgow, G2 2BX
Industry
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Directors
Hung Tran19 Years
Shareholders
hung tran 60%
bo tran 40%
mcchans oriental express ltd Estimated Valuation
Pomanda estimates the enterprise value of MCCHANS ORIENTAL EXPRESS LTD at £443.6k based on a Turnover of £930.2k and 0.48x industry multiple (adjusted for size and gross margin).
mcchans oriental express ltd Estimated Valuation
Pomanda estimates the enterprise value of MCCHANS ORIENTAL EXPRESS LTD at £0 based on an EBITDA of £-14.9k and a 3.89x industry multiple (adjusted for size and gross margin).
mcchans oriental express ltd Estimated Valuation
Pomanda estimates the enterprise value of MCCHANS ORIENTAL EXPRESS LTD at £245.3k based on Net Assets of £108.6k and 2.26x industry multiple (adjusted for liquidity).
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Mcchans Oriental Express Ltd Overview
Mcchans Oriental Express Ltd is a dissolved company that was located in glasgow, G2 2BX with a Companies House number of SC283070. It operated in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in April 2005, it's largest shareholder was hung tran with a 60% stake. The last turnover for Mcchans Oriental Express Ltd was estimated at £930.2k.
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Mcchans Oriental Express Ltd Health Check
Pomanda's financial health check has awarded Mcchans Oriental Express Ltd a 3 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 £930.2k, make it larger than the average company (£190.7k)
- Mcchans Oriental Express Ltd
£190.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.9%)
- Mcchans Oriental Express Ltd
10.9% - Industry AVG
Production
with a gross margin of 40.6%, this company has a higher cost of product (59.9%)
- Mcchans Oriental Express Ltd
59.9% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (5.1%)
- Mcchans Oriental Express Ltd
5.1% - Industry AVG
Employees
with 20 employees, this is below the industry average (102)
- Mcchans Oriental Express Ltd
102 - Industry AVG
Pay Structure
on an average salary of £10.4k, the company has an equivalent pay structure (£10.4k)
- Mcchans Oriental Express Ltd
£10.4k - Industry AVG
Efficiency
resulting in sales per employee of £46.5k, this is more efficient (£35.4k)
- Mcchans Oriental Express Ltd
£35.4k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (8 days)
- Mcchans Oriental Express Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
- Mcchans Oriental Express Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcchans Oriental Express Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mcchans Oriental Express Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.5%, this is a lower level of debt than the average (79.7%)
6.5% - Mcchans Oriental Express Ltd
79.7% - Industry AVG
MCCHANS ORIENTAL EXPRESS LTD financials
Mcchans Oriental Express Ltd's latest turnover from August 2017 is estimated at £930.2 thousand and the company has net assets of £108.6 thousand. According to their latest financial statements, we estimate that Mcchans Oriental Express Ltd has 20 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| 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
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 34,034 | 37,307 | 43,065 | 48,962 | 30,948 | 34,862 | 39,368 | 44,573 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 34,034 | 37,307 | 43,065 | 48,962 | 30,948 | 34,862 | 39,368 | 44,573 |
| Stock & work in progress | 0 | 4,879 | 4,623 | 4,817 | 3,562 | 3,463 | 2,441 | 2,018 | 2,639 |
| Trade Debtors | 116,161 | 33,511 | 43,562 | 66,900 | 97,212 | 160,226 | 98,484 | 98,367 | 98,367 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 79,899 | 90,156 | 75,119 | 48,392 | 83,491 | 153,059 | 105,250 | 75,366 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 116,161 | 118,289 | 138,341 | 146,836 | 149,166 | 247,180 | 253,984 | 205,635 | 176,372 |
| total assets | 116,161 | 152,323 | 175,648 | 189,901 | 198,128 | 278,128 | 288,846 | 245,003 | 220,945 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,510 | 28,939 | 39,058 | 46,867 | 81,290 | 196,380 | 202,092 | 186,371 | 181,431 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,510 | 28,939 | 39,058 | 46,867 | 81,290 | 196,380 | 202,092 | 186,371 | 181,431 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,580 | 28,939 | 39,058 | 46,867 | 81,290 | 196,380 | 202,092 | 186,371 | 181,431 |
| net assets | 108,581 | 123,384 | 136,590 | 143,034 | 116,838 | 81,748 | 86,754 | 58,632 | 39,514 |
| total shareholders funds | 108,581 | 123,384 | 136,590 | 143,034 | 116,838 | 81,748 | 86,754 | 58,632 | 39,514 |
| Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 5,268 | 5,758 | 6,692 | 7,569 | 4,304 | 4,852 | 5,549 | 6,371 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | -4,879 | 256 | -194 | 1,255 | 99 | 1,022 | 423 | -621 | 2,639 |
| Debtors | 82,650 | -10,051 | -23,338 | -30,312 | -63,014 | 61,742 | 117 | 0 | 98,367 |
| Creditors | -24,429 | -10,119 | -7,809 | -34,423 | -115,090 | -5,712 | 15,721 | 4,940 | 181,431 |
| Accruals and Deferred Income | 3,070 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -79,899 | -10,257 | 15,037 | 26,727 | -35,099 | -69,568 | 47,809 | 29,884 | 75,366 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -79,899 | -10,257 | 15,037 | 26,727 | -35,099 | -69,568 | 47,809 | 29,884 | 75,366 |
mcchans oriental express ltd Credit Report and Business Information
Mcchans Oriental Express Ltd Competitor Analysis
Perform a competitor analysis for mcchans oriental express ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mcchans oriental express ltd Ownership
MCCHANS ORIENTAL EXPRESS LTD group structure
Mcchans Oriental Express Ltd has no subsidiary companies.
Ultimate parent company
MCCHANS ORIENTAL EXPRESS LTD
SC283070
mcchans oriental express ltd directors
Mcchans Oriental Express Ltd currently has 1 director, Mr Hung Tran serving since Apr 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hung Tran | Scotland | 53 years | Apr 2005 | - | Director |
P&L
August 2017turnover
930.2k
+152%
operating profit
-14.9k
0%
gross margin
40.7%
+1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2017net assets
108.6k
-0.12%
total assets
116.2k
-0.24%
cash
0
-1%
net assets
Total assets minus all liabilities
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mcchans oriental express ltd company details
company number
SC283070
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
April 2005
age
19
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o grainger corporate rescue &, third floor, glasgow, G2 2BX
last accounts submitted
August 2017
mcchans oriental express 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 mcchans oriental express ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
mcchans oriental express ltd Companies House Filings - See Documents
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