ronan foods limited
ronan foods limited Company Information
Company Number
SC428347
Next Accounts
Apr 2025
Industry
Manufacture of other food products n.e.c.
Directors
Shareholders
james mullins
Group Structure
View All
Contact
Registered Address
94 inverleith place, inverleith place, edinburgh, EH3 5PA
Website
www.ronanfoods.co.ukronan foods limited Estimated Valuation
Pomanda estimates the enterprise value of RONAN FOODS LIMITED at £535.5k based on a Turnover of £1.1m and 0.5x industry multiple (adjusted for size and gross margin).
ronan foods limited Estimated Valuation
Pomanda estimates the enterprise value of RONAN FOODS LIMITED at £0 based on an EBITDA of £-206 and a 3.56x industry multiple (adjusted for size and gross margin).
ronan foods limited Estimated Valuation
Pomanda estimates the enterprise value of RONAN FOODS LIMITED at £0 based on Net Assets of £-488.8k and 1.96x industry multiple (adjusted for liquidity).
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Ronan Foods Limited Overview
Ronan Foods Limited is a live company located in edinburgh, EH3 5PA with a Companies House number of SC428347. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in July 2012, it's largest shareholder is james mullins with a 100% stake. Ronan Foods Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Ronan Foods Limited Health Check
Pomanda's financial health check has awarded Ronan Foods Limited a 2.5 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 £1.1m, make it smaller than the average company (£22.2m)
- Ronan Foods Limited
£22.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.4%)
- Ronan Foods Limited
6.4% - Industry AVG
Production
with a gross margin of 16.5%, this company has a higher cost of product (24.8%)
- Ronan Foods Limited
24.8% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (3.3%)
- Ronan Foods Limited
3.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (112)
- Ronan Foods Limited
112 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Ronan Foods Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £360.5k, this is more efficient (£212.2k)
- Ronan Foods Limited
£212.2k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (47 days)
- Ronan Foods Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 213 days, this is slower than average (48 days)
- Ronan Foods Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ronan Foods Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ronan Foods Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1331%, this is a higher level of debt than the average (59.7%)
1331% - Ronan Foods Limited
59.7% - Industry AVG
RONAN FOODS LIMITED financials
Ronan Foods Limited's latest turnover from July 2023 is estimated at £1.1 million and the company has net assets of -£488.8 thousand. According to their latest financial statements, we estimate that Ronan Foods Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,238 | 9,258 | 8,520 | 3,946 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,720 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,238 | 9,258 | 8,520 | 8,666 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,424 |
| Trade Debtors | 39,706 | 24,262 | 20,713 | 41,542 | 21,219 | 29,585 | 7,996 | 913 | 24,594 | 68,675 | 16,176 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,797 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,406 |
| total current assets | 39,706 | 24,262 | 20,713 | 41,542 | 21,219 | 29,585 | 7,996 | 913 | 24,594 | 68,675 | 84,803 |
| total assets | 39,706 | 24,262 | 20,713 | 41,542 | 21,219 | 29,585 | 7,996 | 6,151 | 33,852 | 77,195 | 93,469 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 528,488 | 512,838 | 509,038 | 525,897 | 0 | 0 | 0 | 0 | 0 | 321,667 | 34,532 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 528,488 | 512,838 | 509,038 | 525,897 | 0 | 0 | 0 | 0 | 0 | 321,667 | 34,532 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 497,248 | 496,498 | 402,125 | 393,096 | 0 | 0 | 263,045 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 497,248 | 496,498 | 402,125 | 393,096 | 0 | 0 | 263,045 |
| total liabilities | 528,488 | 512,838 | 509,038 | 525,897 | 497,248 | 496,498 | 402,125 | 393,096 | 0 | 321,667 | 297,577 |
| net assets | -488,782 | -488,576 | -488,325 | -484,355 | -476,029 | -466,913 | -394,129 | -386,945 | 33,852 | -244,472 | -204,108 |
| total shareholders funds | -488,782 | -488,576 | -488,325 | -484,355 | -476,029 | -466,913 | -394,129 | -386,945 | 33,852 | -244,472 | -204,108 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 987 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -55,424 | 55,424 |
| Debtors | 15,444 | 3,549 | -20,829 | 20,323 | -8,366 | 21,589 | 7,083 | -23,681 | -44,081 | 52,499 | 16,176 |
| Creditors | 15,650 | 3,800 | -16,859 | 525,897 | 0 | 0 | 0 | 0 | -321,667 | 287,135 | 34,532 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | -497,248 | 750 | 94,373 | 9,029 | 393,096 | 0 | -263,045 | 263,045 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,797 | 11,797 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,797 | 11,797 |
ronan foods limited Credit Report and Business Information
Ronan Foods Limited Competitor Analysis
Perform a competitor analysis for ronan foods limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in EH3 area or any other competitors across 12 key performance metrics.
ronan foods limited Ownership
RONAN FOODS LIMITED group structure
Ronan Foods Limited has no subsidiary companies.
Ultimate parent company
RONAN FOODS LIMITED
SC428347
ronan foods limited directors
Ronan Foods Limited currently has 1 director, Mr James Mullins serving since Jul 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Mullins | Scotland | 63 years | Jul 2012 | - | Director |
P&L
July 2023turnover
1.1m
+14%
operating profit
-206
0%
gross margin
16.6%
-5.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-488.8k
0%
total assets
39.7k
+0.64%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ronan foods limited company details
company number
SC428347
Type
Private limited with Share Capital
industry
10890 - Manufacture of other food products n.e.c.
incorporation date
July 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
94 inverleith place, inverleith place, edinburgh, EH3 5PA
Bank
-
Legal Advisor
-
ronan foods 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 ronan foods limited.
ronan foods limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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ronan foods limited Companies House Filings - See Documents
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