east african tea investments
east african tea investments Company Information
Company Number
SC415526
Website
-Registered Address
blenheim house, fountainhall road, aberdeen, AB15 4DT
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
east african tea investments Estimated Valuation
Pomanda estimates the enterprise value of EAST AFRICAN TEA INVESTMENTS at £5.4m based on a Turnover of £7.6m and 0.71x industry multiple (adjusted for size and gross margin).
east african tea investments Estimated Valuation
Pomanda estimates the enterprise value of EAST AFRICAN TEA INVESTMENTS at £12.2m based on an EBITDA of £2.1m and a 5.68x industry multiple (adjusted for size and gross margin).
east african tea investments Estimated Valuation
Pomanda estimates the enterprise value of EAST AFRICAN TEA INVESTMENTS at £51.4m based on Net Assets of £20m and 2.57x industry multiple (adjusted for liquidity).
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East African Tea Investments Overview
East African Tea Investments is a live company located in aberdeen, AB15 4DT with a Companies House number of SC415526. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2012, it's largest shareholder is unknown. East African Tea Investments is a established, mid sized company, Pomanda has estimated its turnover at £7.6m with declining growth in recent years.
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East African Tea Investments Health Check
Pomanda's financial health check has awarded East African Tea Investments 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 £7.6m, make it larger than the average company (£3m)
£7.6m - East African Tea Investments
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.1%)
-18% - East African Tea Investments
4.1% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)
38.5% - East African Tea Investments
38.5% - Industry AVG
Profitability
an operating margin of 22.6% make it more profitable than the average company (6.5%)
22.6% - East African Tea Investments
6.5% - Industry AVG
Employees
with 500 employees, this is above the industry average (20)
500 - East African Tea Investments
20 - Industry AVG
Pay Structure
on an average salary of £2.7k, the company has a lower pay structure (£43.6k)
£2.7k - East African Tea Investments
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £15.2k, this is less efficient (£137k)
£15.2k - East African Tea Investments
£137k - Industry AVG
Debtor Days
it gets paid by customers after 424 days, this is later than average (39 days)
424 days - East African Tea Investments
39 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is slower than average (33 days)
47 days - East African Tea Investments
33 days - Industry AVG
Stock Days
it holds stock equivalent to 117 days, this is more than average (29 days)
117 days - East African Tea Investments
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (28 weeks)
45 weeks - East African Tea Investments
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.2%, this is a lower level of debt than the average (60.1%)
11.2% - East African Tea Investments
60.1% - Industry AVG
EAST AFRICAN TEA INVESTMENTS financials
East African Tea Investments's latest turnover from March 2023 is £7.6 million and the company has net assets of £20 million. According to their latest financial statements, East African Tea Investments has 500 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,584,000 | 14,236,000 | 12,597,000 | 13,827,000 | 13,721,000 | 14,091,000 | 12,910,000 | 12,486,000 | 7,248,000 | 7,964,000 | 7,348 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,274,000 | -851,000 | -3,376,000 | 728,000 | 2,402,000 | 2,110,000 | 4,504,000 | 4,538,000 | 596,000 | 738,000 | 6,881 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,274,000 | -851,000 | -3,376,000 | 728,000 | 2,402,000 | 2,110,000 | 4,504,000 | 4,538,000 | 596,000 | 738,000 | 6,881 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,464,000 | -894,000 | -2,969,000 | 982,000 | 2,478,000 | 1,545,000 | 4,583,000 | 4,142,000 | 716,000 | 947,000 | 6,809 |
| Employee Costs | 1,366,000 | 1,526,000 | 1,383,000 | 1,469,000 | 1,456,000 | 1,410,000 | 1,147,000 | 821,000 | 810,000 | 762,000 | 261 |
| Number Of Employees | 500 | 913 | 880 | 853 | 770 | 704 | 679 | 994 | 776 | 672 | 791 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,661,000 | 2,560,000 | 5,792,000 | 7,312,000 | 7,998,000 | 8,390,000 | 10,337,000 | 10,342,000 | 10,942,000 | 10,394,000 | 11,369 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | -176,000 | -443,000 | -711,000 | -578,000 | -780 |
| Investments & Other | 1,064,000 | 617,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,725,000 | 3,177,000 | 5,792,000 | 7,312,000 | 7,998,000 | 8,390,000 | 10,161,000 | 9,899,000 | 10,231,000 | 9,816,000 | 10,589 |
| Stock & work in progress | 1,507,000 | 1,642,000 | 2,549,000 | 2,507,000 | 2,010,000 | 2,252,000 | 1,535,000 | 2,030,000 | 1,301,000 | 1,224,000 | 1,925 |
| Trade Debtors | 8,825,000 | 6,636,000 | 5,575,000 | 4,472,000 | 3,112,000 | 2,455,000 | 2,105,000 | 1,630,000 | 1,471,000 | 780,000 | 395 |
| Group Debtors | 172,000 | 605,000 | 0 | 486,000 | 484,000 | 506,000 | 0 | 1,895,000 | 0 | 0 | 0 |
| Misc Debtors | 6,716,000 | 5,513,000 | 5,431,000 | 6,049,000 | 5,543,000 | 5,084,000 | 4,883,000 | 51,000 | 19,000 | 17,000 | 0 |
| Cash | 1,509,000 | 3,064,000 | 6,106,000 | 8,272,000 | 8,539,000 | 6,463,000 | 5,516,000 | 3,187,000 | 1,388,000 | 1,084,000 | 934 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,729,000 | 17,460,000 | 19,661,000 | 21,786,000 | 19,688,000 | 16,760,000 | 14,039,000 | 8,793,000 | 4,179,000 | 3,105,000 | 3,254 |
| total assets | 22,454,000 | 20,637,000 | 25,453,000 | 29,098,000 | 27,686,000 | 25,150,000 | 24,200,000 | 18,692,000 | 14,410,000 | 12,921,000 | 13,843 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 47,000 | 59,000 | 50,000 | 43,000 | 0 |
| Trade Creditors | 605,000 | 497,000 | 2,083,000 | 2,124,000 | 1,609,000 | 1,644,000 | 1,636,000 | 1,358,000 | 894,000 | 601,000 | 719 |
| Group/Directors Accounts | 631,000 | 1,047,000 | 1,371,000 | 1,052,000 | 764,000 | 690,000 | 691,000 | 430,000 | 66,000 | 0 | 452 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 482,000 | 184,000 | 183,000 | 163,000 | 164,000 | 311,000 | 31,000 | 204,000 | 850,000 | 963,000 | 707 |
| total current liabilities | 1,718,000 | 1,728,000 | 3,637,000 | 3,339,000 | 2,537,000 | 2,645,000 | 2,405,000 | 2,051,000 | 1,860,000 | 1,607,000 | 1,878 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,000 | 94,000 | 128,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 786,000 | 469,000 | 410,000 | 3,000 | 0 | 8,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 100,000 | 147,000 | 157,000 | 117,000 | 132,000 | 26,000 | 31,000 | 0 |
| total long term liabilities | 786,000 | 469,000 | 410,000 | 103,000 | 147,000 | 165,000 | 117,000 | 167,000 | 120,000 | 159,000 | 0 |
| total liabilities | 2,504,000 | 2,197,000 | 4,047,000 | 3,442,000 | 2,684,000 | 2,810,000 | 2,522,000 | 2,218,000 | 1,980,000 | 1,766,000 | 1,878 |
| net assets | 19,950,000 | 18,440,000 | 19,321,000 | 22,660,000 | 20,458,000 | 17,840,000 | 16,886,000 | 11,911,000 | 8,025,000 | 6,769,000 | 7,098 |
| total shareholders funds | 19,950,000 | 18,440,000 | 19,321,000 | 22,660,000 | 20,458,000 | 17,840,000 | 16,886,000 | 11,911,000 | 8,025,000 | 6,769,000 | 7,098 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 437,000 | 844,000 | 917,000 | 1,049,000 | 1,065,000 | 1,156,000 | 1,172,000 | 1,081,000 | 974,000 | 783,000 | 192 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 176,000 | 267,000 | 268,000 | 399,000 | -154,000 | 57 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | -135,000 | -907,000 | 42,000 | 497,000 | -242,000 | 717,000 | -495,000 | 729,000 | 77,000 | 1,222,075 | 1,925 |
| Debtors | 2,959,000 | 1,748,000 | -1,000 | 1,868,000 | 1,094,000 | 1,057,000 | 3,412,000 | 2,086,000 | 693,000 | 796,605 | 395 |
| Creditors | 108,000 | -1,586,000 | -41,000 | 515,000 | -35,000 | 8,000 | 278,000 | 464,000 | 293,000 | 600,281 | 719 |
| Accruals and Deferred Income | 298,000 | 1,000 | 20,000 | -1,000 | -147,000 | 280,000 | -173,000 | -646,000 | -113,000 | 962,293 | 707 |
| Deferred Taxes & Provisions | 0 | 0 | -100,000 | -47,000 | -10,000 | 40,000 | -15,000 | 106,000 | -5,000 | 31,000 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -643,000 | -434,000 | -1,038,000 | -776,000 | -1,662,000 | -59 |
| Change in Investments | 447,000 | 617,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -447,000 | -617,000 | 0 | 0 | 0 | -643,000 | -434,000 | -1,038,000 | -776,000 | -1,662,000 | -59 |
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -47,000 | -12,000 | 9,000 | 7,000 | 43,000 | 0 |
| Group/Directors Accounts | -416,000 | -324,000 | 319,000 | 288,000 | 74,000 | -1,000 | 261,000 | 364,000 | 66,000 | -452 | 452 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -35,000 | -59,000 | -34,000 | 128,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 317,000 | 59,000 | 407,000 | 3,000 | -8,000 | 8,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -53,000 | -252,000 | 356,000 | 1,511,000 | 206,000 | -631,000 | 606,000 | 58,000 | 579,000 | 5,985,450 | 741 |
| cash and cash equivalents | |||||||||||
| cash | -1,555,000 | -3,042,000 | -2,166,000 | -267,000 | 2,076,000 | 947,000 | 2,329,000 | 1,799,000 | 304,000 | 1,083,066 | 934 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,555,000 | -3,042,000 | -2,166,000 | -267,000 | 2,076,000 | 947,000 | 2,329,000 | 1,799,000 | 304,000 | 1,083,066 | 934 |
east african tea investments Credit Report and Business Information
East African Tea Investments Competitor Analysis
Perform a competitor analysis for east african tea investments by selecting its closest rivals and benchmarking them against 12 key performance metrics.
east african tea investments Ownership
EAST AFRICAN TEA INVESTMENTS group structure
East African Tea Investments has no subsidiary companies.
Ultimate parent company
EAST AFRICAN TEA INVESTMENTS
SC415526
east african tea investments directors
East African Tea Investments currently has 2 directors. The longest serving directors include Sir Ian Wood (Jan 2012) and Mr David Knopp (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sir Ian Wood | 82 years | Jan 2012 | - | Director | |
| Mr David Knopp | 52 years | May 2019 | - | Director |
P&L
March 2023turnover
7.6m
-47%
operating profit
1.7m
0%
gross margin
38.6%
+0.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
20m
+0.08%
total assets
22.5m
+0.09%
cash
1.5m
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
east african tea investments company details
company number
SC415526
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2012
age
12
accounts
Group
ultimate parent company
previous names
rwanda tea investments (September 2014)
incorporated
UK
address
blenheim house, fountainhall road, aberdeen, AB15 4DT
last accounts submitted
March 2023
east african tea investments 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 east african tea investments.
east african tea investments Companies House Filings - See Documents
| date | description | view/download |
|---|
