merchants (scotland) limited
merchants (scotland) limited Company Information
Company Number
SC367828
Registered Address
17 merchant street, edinburgh, EH1 2QD
Industry
Licensed restaurants
Telephone
01312254009
Next Accounts Due
June 2024
Group Structure
View All
Directors
Susie Doherty14 Years
Shareholders
russell paul davies 50%
susan doherty 50%
merchants (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANTS (SCOTLAND) LIMITED at £786.7k based on a Turnover of £1.3m and 0.59x industry multiple (adjusted for size and gross margin).
merchants (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANTS (SCOTLAND) LIMITED at £252.3k based on an EBITDA of £71.8k and a 3.52x industry multiple (adjusted for size and gross margin).
merchants (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANTS (SCOTLAND) LIMITED at £277.5k based on Net Assets of £85.6k and 3.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merchants (scotland) Limited Overview
Merchants (scotland) Limited is a dissolved company that was located in edinburgh, EH1 2QD with a Companies House number of SC367828. It operated in the licenced restaurants sector, SIC Code 56101. Founded in November 2009, it's largest shareholder was russell paul davies with a 50% stake. The last turnover for Merchants (scotland) Limited was estimated at £1.3m.
Upgrade for unlimited company reports & a free credit check
Merchants (scotland) Limited Health Check
Pomanda's financial health check has awarded Merchants (Scotland) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.2m)
- Merchants (scotland) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (3.8%)
- Merchants (scotland) Limited
3.8% - Industry AVG
Production
with a gross margin of 37.5%, this company has a higher cost of product (59.9%)
- Merchants (scotland) Limited
59.9% - Industry AVG
Profitability
an operating margin of 5.4% make it more profitable than the average company (2.9%)
- Merchants (scotland) Limited
2.9% - Industry AVG
Employees
with 22 employees, this is below the industry average (60)
- Merchants (scotland) Limited
60 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- Merchants (scotland) Limited
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £60.4k, this is more efficient (£46.3k)
- Merchants (scotland) Limited
£46.3k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (5 days)
- Merchants (scotland) Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (47 days)
- Merchants (scotland) Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merchants (scotland) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merchants (scotland) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47%, this is a lower level of debt than the average (88.1%)
47% - Merchants (scotland) Limited
88.1% - Industry AVG
MERCHANTS (SCOTLAND) LIMITED financials
Merchants (Scotland) Limited's latest turnover from October 2019 is estimated at £1.3 million and the company has net assets of £85.6 thousand. According to their latest financial statements, we estimate that Merchants (Scotland) Limited has 22 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 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 | 11 | 11 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 51,779 | 45,839 | 50,453 | 61,031 | 71,698 | 37,968 | 39,653 | 42,260 | 45,219 | 37,638 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 51,779 | 45,839 | 50,453 | 61,031 | 71,698 | 37,968 | 39,653 | 42,260 | 45,219 | 37,638 |
| Stock & work in progress | 0 | 0 | 0 | 30,000 | 30,000 | 29,999 | 29,999 | 32,533 | 32,534 | 8,000 |
| Trade Debtors | 109,820 | 101,109 | 91,621 | 71,913 | 62,625 | 12,453 | 25,813 | 23,376 | 20,327 | 17,350 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 7,185 | 31,587 | 13,228 | 18,812 | 1,495 | 4,363 | 15,093 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 109,820 | 101,109 | 91,621 | 109,098 | 124,212 | 55,680 | 74,624 | 57,404 | 57,224 | 40,443 |
| total assets | 161,599 | 146,948 | 142,074 | 170,129 | 195,910 | 93,648 | 114,277 | 99,664 | 102,443 | 78,081 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 75,951 | 119,435 | 102,212 | 123,314 | 102,215 | 262,661 | 189,605 | 134,769 | 93,742 | 73,405 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 75,951 | 119,435 | 102,212 | 123,314 | 102,215 | 262,661 | 189,605 | 134,769 | 93,742 | 73,405 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 75,951 | 119,435 | 102,212 | 123,314 | 102,215 | 262,661 | 189,605 | 134,769 | 93,742 | 73,405 |
| net assets | 85,648 | 27,513 | 39,862 | 46,815 | 93,695 | -169,013 | -75,328 | -35,105 | 8,701 | 4,676 |
| total shareholders funds | 85,648 | 27,513 | 39,862 | 46,815 | 93,695 | -169,013 | -75,328 | -35,105 | 8,701 | 4,676 |
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 11,244 | 11,186 | 6,694 | 6,193 | 5,835 | 841 | 9,410 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||
| Stock | 0 | 0 | -30,000 | 0 | 1 | 0 | -2,534 | -1 | 24,534 | 8,000 |
| Debtors | 8,711 | 9,488 | 19,708 | 9,288 | 50,172 | -13,360 | 2,437 | 3,049 | 2,977 | 17,350 |
| Creditors | -43,484 | 17,223 | -21,102 | 21,099 | -160,446 | 73,056 | 54,836 | 41,027 | 20,337 | 73,405 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | -7,185 | -24,402 | 18,359 | -5,584 | 17,317 | -2,868 | -10,730 | 15,093 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -7,185 | -24,402 | 18,359 | -5,584 | 17,317 | -2,868 | -10,730 | 15,093 |
merchants (scotland) limited Credit Report and Business Information
Merchants (scotland) Limited Competitor Analysis
Perform a competitor analysis for merchants (scotland) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
merchants (scotland) limited Ownership
MERCHANTS (SCOTLAND) LIMITED group structure
Merchants (Scotland) Limited has no subsidiary companies.
Ultimate parent company
MERCHANTS (SCOTLAND) LIMITED
SC367828
merchants (scotland) limited directors
Merchants (Scotland) Limited currently has 1 director, Ms Susie Doherty serving since Nov 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Susie Doherty | United Kingdom | 70 years | Nov 2009 | - | Director |
P&L
October 2019turnover
1.3m
+60%
operating profit
71.8k
0%
gross margin
37.5%
-0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
85.6k
+2.11%
total assets
161.6k
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
merchants (scotland) limited company details
company number
SC367828
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 2009
age
15
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
17 merchant street, edinburgh, EH1 2QD
last accounts submitted
October 2019
merchants (scotland) 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 did not find charges/mortgages relating to merchants (scotland) limited.
merchants (scotland) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
