inicio-fresco limited
inicio-fresco limited Company Information
Company Number
SC447307
Website
-Registered Address
amicable house, 252, union street, aberdeen, AB10 1TN
Industry
Growing of vegetables and melons, roots and tubers
Processing and preserving of potatoes
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Robert Ritchie1 Years
Shareholders
robert eric william ritchie 100%
inicio-fresco limited Estimated Valuation
Pomanda estimates the enterprise value of INICIO-FRESCO LIMITED at £517.4k based on a Turnover of £751.8k and 0.69x industry multiple (adjusted for size and gross margin).
inicio-fresco limited Estimated Valuation
Pomanda estimates the enterprise value of INICIO-FRESCO LIMITED at £21.5k based on an EBITDA of £5.9k and a 3.65x industry multiple (adjusted for size and gross margin).
inicio-fresco limited Estimated Valuation
Pomanda estimates the enterprise value of INICIO-FRESCO LIMITED at £0 based on Net Assets of £-77.5k and 1.92x industry multiple (adjusted for liquidity).
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Inicio-fresco Limited Overview
Inicio-fresco Limited is a live company located in aberdeen, AB10 1TN with a Companies House number of SC447307. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in April 2013, it's largest shareholder is robert eric william ritchie with a 100% stake. Inicio-fresco Limited is a established, small sized company, Pomanda has estimated its turnover at £751.8k with healthy growth in recent years.
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Inicio-fresco Limited Health Check
Pomanda's financial health check has awarded Inicio-Fresco Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £751.8k, make it smaller than the average company (£14.4m)
- Inicio-fresco Limited
£14.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.1%)
- Inicio-fresco Limited
6.1% - Industry AVG
Production
with a gross margin of 23.3%, this company has a higher cost of product (34.6%)
- Inicio-fresco Limited
34.6% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (18.1%)
- Inicio-fresco Limited
18.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (76)
- Inicio-fresco Limited
76 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Inicio-fresco Limited
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £250.6k, this is equally as efficient (£255.8k)
- Inicio-fresco Limited
£255.8k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (31 days)
- Inicio-fresco Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 207 days, this is slower than average (33 days)
- Inicio-fresco Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Inicio-fresco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Inicio-fresco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 127.6%, this is a higher level of debt than the average (64%)
127.6% - Inicio-fresco Limited
64% - Industry AVG
inicio-fresco limited Credit Report and Business Information
Inicio-fresco Limited Competitor Analysis
Perform a competitor analysis for inicio-fresco limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
inicio-fresco limited Ownership
INICIO-FRESCO LIMITED group structure
Inicio-Fresco Limited has no subsidiary companies.
Ultimate parent company
INICIO-FRESCO LIMITED
SC447307
inicio-fresco limited directors
Inicio-Fresco Limited currently has 1 director, Mr Robert Ritchie serving since Mar 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Ritchie | Scotland | 70 years | Mar 2023 | - | Director |
INICIO-FRESCO LIMITED financials
Inicio-Fresco Limited's latest turnover from July 2023 is estimated at £751.8 thousand and the company has net assets of -£77.5 thousand. According to their latest financial statements, we estimate that Inicio-Fresco 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 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | ||||||||
| 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 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 217,501 | 201,009 | 215,610 | 218,506 | 114,302 | 129,879 | 137,995 | 97,455 | 112,901 | 0 |
| 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 | 217,501 | 201,009 | 215,610 | 218,506 | 114,302 | 129,879 | 137,995 | 97,455 | 112,901 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 |
| Trade Debtors | 63,759 | 62,204 | 58,012 | 60,131 | 43,095 | 264,274 | 159,369 | 32,584 | 74,462 | 37,477 |
| 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 | 0 | 0 | 0 | 0 | 753 | 23,795 | 1,677 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 63,759 | 62,204 | 58,012 | 60,131 | 43,095 | 264,274 | 159,369 | 33,337 | 108,257 | 39,154 |
| total assets | 281,260 | 263,213 | 273,622 | 278,637 | 157,397 | 394,153 | 297,364 | 130,792 | 221,158 | 39,154 |
| 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 | 327,958 | 300,319 | 287,452 | 190,888 | 137,183 | 365,191 | 291,774 | 207,943 | 216,285 | 31,926 |
| 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 | 327,958 | 300,319 | 287,452 | 190,888 | 137,183 | 365,191 | 291,774 | 207,943 | 216,285 | 31,926 |
| 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 | 30,833 | 44,838 | 47,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 30,833 | 44,838 | 47,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 358,791 | 345,157 | 334,952 | 190,888 | 137,183 | 365,191 | 291,774 | 207,943 | 216,285 | 31,926 |
| net assets | -77,531 | -81,944 | -61,330 | 87,749 | 20,214 | 28,962 | 5,590 | -77,151 | 4,873 | 7,228 |
| total shareholders funds | -77,531 | -81,944 | -61,330 | 87,749 | 20,214 | 28,962 | 5,590 | -77,151 | 4,873 | 7,228 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 15,446 | 15,446 | 0 | |||||||
| Amortisation | 0 | 0 | 0 | |||||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | 10,000 | 0 |
| Debtors | 1,555 | 4,192 | -2,119 | 17,036 | -221,179 | 104,905 | 126,785 | -41,878 | 36,985 | 37,477 |
| Creditors | 27,639 | 12,867 | 96,564 | 53,705 | -228,008 | 73,417 | 83,831 | -8,342 | 184,359 | 31,926 |
| 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 | -14,005 | -2,662 | 47,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -753 | -23,042 | 22,118 | 1,677 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -753 | -23,042 | 22,118 | 1,677 |
P&L
July 2023turnover
751.8k
+3%
operating profit
5.9k
0%
gross margin
23.3%
+11.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-77.5k
-0.05%
total assets
281.3k
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
inicio-fresco limited company details
company number
SC447307
Type
Private limited with Share Capital
industry
35110 - Production of electricity
01130 - Growing of vegetables and melons, roots and tubers
10310 - Processing and preserving of potatoes
incorporation date
April 2013
age
11
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
amicable house, 252, union street, aberdeen, AB10 1TN
last accounts submitted
July 2023
inicio-fresco 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 found 8 charges/mortgages relating to inicio-fresco limited. Currently there are 5 open charges and 3 have been satisfied in the past.
inicio-fresco limited Companies House Filings - See Documents
| date | description | view/download |
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