la garrigue edinburgh ltd
la garrigue edinburgh ltd Company Information
Company Number
SC438674
Website
www.lagarrigue.co.ukRegistered Address
31 jeffrey street, edinburgh, EH1 1DH
Industry
Licensed restaurants
Other food service activities
Telephone
01315573032
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
morgan miceli 50%
wei wei zhao 50%
la garrigue edinburgh ltd Estimated Valuation
Pomanda estimates the enterprise value of LA GARRIGUE EDINBURGH LTD at £487.7k based on a Turnover of £381.8k and 1.28x industry multiple (adjusted for size and gross margin).
la garrigue edinburgh ltd Estimated Valuation
Pomanda estimates the enterprise value of LA GARRIGUE EDINBURGH LTD at £0 based on an EBITDA of £-29.8k and a 10.51x industry multiple (adjusted for size and gross margin).
la garrigue edinburgh ltd Estimated Valuation
Pomanda estimates the enterprise value of LA GARRIGUE EDINBURGH LTD at £210.5k based on Net Assets of £71.7k and 2.94x industry multiple (adjusted for liquidity).
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La Garrigue Edinburgh Ltd Overview
La Garrigue Edinburgh Ltd is a live company located in edinburgh, EH1 1DH with a Companies House number of SC438674. It operates in the licenced restaurants sector, SIC Code 56101. Founded in December 2012, it's largest shareholder is morgan miceli with a 50% stake. La Garrigue Edinburgh Ltd is a established, micro sized company, Pomanda has estimated its turnover at £381.8k with low growth in recent years.
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La Garrigue Edinburgh Ltd Health Check
Pomanda's financial health check has awarded La Garrigue Edinburgh Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £381.8k, make it smaller than the average company (£1.6m)
- La Garrigue Edinburgh Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.1%)
- La Garrigue Edinburgh Ltd
3.1% - Industry AVG
Production
with a gross margin of 132.3%, this company has a lower cost of product (43.4%)
- La Garrigue Edinburgh Ltd
43.4% - Industry AVG
Profitability
an operating margin of -11% make it less profitable than the average company (4%)
- La Garrigue Edinburgh Ltd
4% - Industry AVG
Employees
with 14 employees, this is below the industry average (27)
14 - La Garrigue Edinburgh Ltd
27 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- La Garrigue Edinburgh Ltd
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £27.3k, this is less efficient (£57.6k)
- La Garrigue Edinburgh Ltd
£57.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- La Garrigue Edinburgh Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (44 days)
- La Garrigue Edinburgh Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (15 days)
- La Garrigue Edinburgh Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (18 weeks)
62 weeks - La Garrigue Edinburgh Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a lower level of debt than the average (78.6%)
52.3% - La Garrigue Edinburgh Ltd
78.6% - Industry AVG
LA GARRIGUE EDINBURGH LTD financials
La Garrigue Edinburgh Ltd's latest turnover from January 2023 is estimated at £381.8 thousand and the company has net assets of £71.7 thousand. According to their latest financial statements, La Garrigue Edinburgh Ltd has 14 employees and maintains cash reserves of £94.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 230,711 | 541,271 | 562,542 | |||||||
| Other Income Or Grants | 27,875 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 160,641 | 183,780 | |||||||
| Gross Profit | 505,016 | 435,557 | 258,586 | 516,128 | 510,498 | 511,114 | 380,630 | 378,762 | ||
| Admin Expenses | 546,950 | 357,057 | 196,275 | 517,029 | 499,174 | 497,928 | 369,450 | 364,981 | ||
| Operating Profit | -41,934 | 78,500 | 62,311 | -901 | 11,324 | 13,186 | 11,180 | 13,781 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -41,934 | 78,500 | 62,311 | -901 | 11,324 | 13,186 | 11,180 | 13,781 | ||
| Tax | 0 | -16,404 | -11,302 | 0 | -2,466 | -3,200 | -2,900 | -4,000 | ||
| Profit After Tax | -41,934 | 62,096 | 51,009 | -901 | 8,858 | 9,986 | 8,280 | 9,781 | ||
| Dividends Paid | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -41,934 | 62,096 | 47,009 | -901 | 8,858 | 9,986 | 8,280 | 9,781 | ||
| Employee Costs | ||||||||||
| Number Of Employees | 14 | 11 | 9 | 15 | 13 | |||||
| EBITDA* | -29,806 | 92,497 | 64,942 | 1,597 | 14,446 | 17,905 | 16,847 | 20,452 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 48,510 | 58,668 | 12,045 | 13,156 | 12,490 | 14,154 | 17,002 | 20,340 | 24,633 | 16,305 |
| 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 | 48,510 | 58,668 | 12,045 | 13,156 | 12,490 | 14,154 | 17,002 | 20,340 | 24,633 | 16,305 |
| Stock & work in progress | 7,500 | 6,500 | 5,964 | 7,000 | 7,280 | 9,789 | 10,790 | 10,790 | 11,900 | 11,214 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 1,650 | 0 | 0 | 0 |
| 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 | 94,340 | 142,519 | 89,274 | 38,864 | 51,330 | 39,358 | 70,648 | 41,419 | 169,038 | 135,377 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 101,840 | 149,019 | 95,238 | 45,864 | 58,610 | 49,147 | 83,088 | 52,209 | 180,938 | 146,591 |
| total assets | 150,350 | 207,687 | 107,283 | 59,020 | 71,100 | 63,301 | 100,090 | 72,549 | 205,571 | 162,896 |
| 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 | 78,699 | 88,875 | 3,000 | 45,312 | 40,165 | 32,749 | 0 | 0 | 77,871 | 0 |
| 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 | 97,007 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 43,295 | 0 | 16,332 | 24,804 | 94,329 | 65,068 | 0 | 0 |
| total current liabilities | 78,699 | 88,875 | 46,295 | 45,312 | 56,497 | 57,553 | 94,329 | 65,068 | 77,871 | 97,007 |
| 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 | 78,699 | 88,875 | 46,295 | 45,312 | 56,497 | 57,553 | 94,329 | 65,068 | 77,871 | 97,007 |
| net assets | 71,651 | 118,812 | 60,988 | 13,708 | 14,603 | 5,748 | 5,761 | 7,481 | 127,700 | 65,889 |
| total shareholders funds | 71,651 | 118,812 | 60,988 | 13,708 | 14,603 | 5,748 | 5,761 | 7,481 | 127,700 | 65,889 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -41,934 | 78,500 | 62,311 | -901 | 11,324 | 13,186 | 11,180 | 13,781 | ||
| Depreciation | 12,128 | 13,997 | 2,631 | 2,498 | 3,122 | 4,719 | 5,667 | 6,671 | 8,210 | 4,076 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -16,404 | -11,302 | 0 | -2,466 | -3,200 | -2,900 | -4,000 | ||
| Stock | 1,000 | 536 | -1,036 | -280 | -2,509 | -1,001 | 0 | -1,110 | 686 | 11,214 |
| Debtors | 0 | 0 | 0 | 0 | 0 | -1,650 | 1,650 | 0 | 0 | 0 |
| Creditors | -10,176 | 85,875 | -42,312 | 5,147 | 7,416 | 32,749 | 0 | -77,871 | 77,871 | 0 |
| Accruals and Deferred Income | 0 | -43,295 | 43,295 | -16,332 | -8,472 | -69,525 | 29,261 | 65,068 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -40,982 | 118,137 | 55,659 | -9,308 | 13,433 | -19,420 | 41,558 | 4,759 | ||
| 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 | -97,007 | 97,007 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | -5,227 | -4,272 | 271 | 6 | -3 | -9,999 | -10,000 | -130,000 | ||
| cash and cash equivalents | ||||||||||
| cash | -48,179 | 53,245 | 50,410 | -12,466 | 11,972 | -31,290 | 29,229 | -127,619 | 33,661 | 135,377 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -48,179 | 53,245 | 50,410 | -12,466 | 11,972 | -31,290 | 29,229 | -127,619 | 33,661 | 135,377 |
la garrigue edinburgh ltd Credit Report and Business Information
La Garrigue Edinburgh Ltd Competitor Analysis
Perform a competitor analysis for la garrigue edinburgh ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EH1 area or any other competitors across 12 key performance metrics.
la garrigue edinburgh ltd Ownership
LA GARRIGUE EDINBURGH LTD group structure
La Garrigue Edinburgh Ltd has no subsidiary companies.
Ultimate parent company
LA GARRIGUE EDINBURGH LTD
SC438674
la garrigue edinburgh ltd directors
La Garrigue Edinburgh Ltd currently has 2 directors. The longest serving directors include Wei Zhao (Nov 2015) and Mr Morgan Miceli (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Wei Zhao | Scotland | 37 years | Nov 2015 | - | Director |
| Mr Morgan Miceli | Scotland | 46 years | Nov 2015 | - | Director |
P&L
January 2023turnover
381.8k
+70%
operating profit
-41.9k
-153%
gross margin
132.3%
-31.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
71.7k
-0.4%
total assets
150.4k
-0.28%
cash
94.3k
-0.34%
net assets
Total assets minus all liabilities
la garrigue edinburgh ltd company details
company number
SC438674
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
56290 - Other food service activities
incorporation date
December 2012
age
12
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
31 jeffrey street, edinburgh, EH1 1DH
accountant
-
auditor
-
la garrigue edinburgh 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 did not find charges/mortgages relating to la garrigue edinburgh ltd.
la garrigue edinburgh ltd Companies House Filings - See Documents
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