torabhaig distillery limited
torabhaig distillery limited Company Information
Company Number
SC457756
Next Accounts
Sep 2025
Shareholders
mossburn distillers ltd
Group Structure
View All
Industry
Distilling, rectifying and blending of spirits
Registered Address
mossburn house camptown, jedburgh, roxburghshire, TD8 6PJ
Website
torabhaig.comtorabhaig distillery limited Estimated Valuation
Pomanda estimates the enterprise value of TORABHAIG DISTILLERY LIMITED at £2.4m based on a Turnover of £3.2m and 0.75x industry multiple (adjusted for size and gross margin).
torabhaig distillery limited Estimated Valuation
Pomanda estimates the enterprise value of TORABHAIG DISTILLERY LIMITED at £44.2m based on an EBITDA of £9.1m and a 4.85x industry multiple (adjusted for size and gross margin).
torabhaig distillery limited Estimated Valuation
Pomanda estimates the enterprise value of TORABHAIG DISTILLERY LIMITED at £12.1m based on Net Assets of £6.9m and 1.74x industry multiple (adjusted for liquidity).
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Torabhaig Distillery Limited Overview
Torabhaig Distillery Limited is a live company located in roxburghshire, TD8 6PJ with a Companies House number of SC457756. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in August 2013, it's largest shareholder is mossburn distillers ltd with a 100% stake. Torabhaig Distillery Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with high growth in recent years.
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Torabhaig Distillery Limited Health Check
Pomanda's financial health check has awarded Torabhaig Distillery Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£23.1m)
- Torabhaig Distillery Limited
£23.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (16%)
- Torabhaig Distillery Limited
16% - Industry AVG
Production
with a gross margin of 39.3%, this company has a comparable cost of product (39.3%)
- Torabhaig Distillery Limited
39.3% - Industry AVG
Profitability
an operating margin of 270% make it more profitable than the average company (9.5%)
- Torabhaig Distillery Limited
9.5% - Industry AVG
Employees
with 31 employees, this is below the industry average (73)
31 - Torabhaig Distillery Limited
73 - Industry AVG
Pay Structure
on an average salary of £25.6k, the company has a lower pay structure (£52.4k)
£25.6k - Torabhaig Distillery Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £104.6k, this is less efficient (£333.4k)
- Torabhaig Distillery Limited
£333.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (41 days)
- Torabhaig Distillery Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is quicker than average (62 days)
- Torabhaig Distillery Limited
62 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is less than average (498 days)
- Torabhaig Distillery Limited
498 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is average cash available to meet short term requirements (4 weeks)
5 weeks - Torabhaig Distillery Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.1%, this is a similar level of debt than the average (46.2%)
42.1% - Torabhaig Distillery Limited
46.2% - Industry AVG
TORABHAIG DISTILLERY LIMITED financials
Torabhaig Distillery Limited's latest turnover from December 2023 is estimated at £3.2 million and the company has net assets of £6.9 million. According to their latest financial statements, Torabhaig Distillery Limited has 31 employees and maintains cash reserves of £45.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,821,082 | 1,913,586 | 1,896,104 | 1,140,747 | ||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 1,408,447 | 1,477,554 | 1,467,844 | 901,315 | ||||||
| Gross Profit | 412,635 | 436,032 | 428,260 | 239,432 | ||||||
| Admin Expenses | 382,458 | 578,921 | 587,779 | 473,880 | 280,545 | |||||
| Operating Profit | 30,177 | -142,889 | -159,519 | -234,448 | -280,545 | -27,795 | ||||
| Interest Payable | 13,259 | 13,128 | 11,884 | 11,847 | 1,383 | |||||
| Interest Receivable | 104 | 87 | 16 | |||||||
| Pre-Tax Profit | 16,918 | -155,913 | -171,316 | -246,279 | -281,928 | -27,795 | ||||
| Tax | ||||||||||
| Profit After Tax | 16,918 | -155,913 | -171,316 | -246,279 | -281,928 | -27,795 | ||||
| Dividends Paid | ||||||||||
| Retained Profit | 16,918 | -155,913 | -171,316 | -246,279 | -281,928 | -27,795 | ||||
| Employee Costs | 793,677 | 732,819 | 604,350 | 577,124 | 596,824 | 574,336 | 323,192 | 32,371 | ||
| Number Of Employees | 31 | 26 | 20 | 19 | 16 | 16 | 8 | 3 | ||
| EBITDA* | 162,789 | -15,811 | -41,929 | -149,285 | -280,092 | -27,795 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,075,956 | 11,253,356 | 1,746,086 | 1,736,200 | 1,824,784 | 1,883,234 | 1,881,338 | 1,653,478 | 781,967 | |
| Intangible Assets | 6,824 | 14,268 | 21,713 | |||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 11,075,956 | 11,253,356 | 1,746,086 | 1,736,200 | 1,831,608 | 1,897,502 | 1,903,051 | 1,653,478 | 781,967 | |
| Stock & work in progress | 255,526 | 182,798 | 147,630 | 119,576 | 119,511 | 102,406 | 42,085 | 13,211 | ||
| Trade Debtors | 1,875 | 1,294 | 17,426 | 1,514 | 1,294 | |||||
| Group Debtors | 560,421 | 348,461 | 148,512 | 216,244 | 56,111 | |||||
| Misc Debtors | 49,866 | 52,811 | 123,884 | 132,844 | 102,635 | 108,727 | 120,477 | 114,838 | 17,800 | |
| Cash | 45,425 | 38,387 | 24,054 | 128,085 | 119,182 | 183,249 | 117,445 | 151,453 | 208 | |
| misc current assets | ||||||||||
| total current assets | 913,113 | 623,751 | 461,506 | 598,263 | 398,733 | 394,382 | 280,007 | 279,502 | 18,008 | |
| total assets | 11,989,069 | 11,877,107 | 2,207,592 | 2,334,463 | 2,230,341 | 2,291,884 | 2,183,058 | 1,932,980 | 799,975 | |
| Bank overdraft | 166 | |||||||||
| Bank loan | 10,000 | 10,000 | 10,000 | |||||||
| Trade Creditors | 284,116 | 149,782 | 173,684 | 106,733 | 58,411 | 107,358 | 73,264 | 11,020 | 106,800 | |
| Group/Directors Accounts | 34,735 | 19,345 | 144,892 | 138,811 | 1,420,971 | 700,968 | ||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 141,818 | 134,326 | 124,641 | 166,082 | 234,190 | 198,914 | 222,566 | 163,700 | 20,000 | |
| total current liabilities | 470,669 | 313,453 | 453,217 | 411,626 | 1,713,572 | 306,438 | 295,830 | 174,720 | 827,768 | |
| loans | 4,017,442 | 10,415,632 | 904,983 | 1,375,891 | 1,300,978 | 1,031,383 | 666,600 | |||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 554,523 | 159,270 | 130,967 | 13,259 | 11,786 | 11,847 | 1,383 | |||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 4,571,965 | 10,574,902 | 1,035,950 | 1,389,150 | 1,312,764 | 1,043,230 | 667,983 | |||
| total liabilities | 5,042,634 | 10,888,355 | 1,489,167 | 1,800,776 | 1,713,572 | 1,619,202 | 1,339,060 | 842,703 | 827,768 | |
| net assets | 6,946,435 | 988,752 | 718,425 | 533,687 | 516,769 | 672,682 | 843,998 | 1,090,277 | -27,793 | |
| total shareholders funds | 6,946,435 | 988,752 | 718,425 | 533,687 | 516,769 | 672,682 | 843,998 | 1,090,277 | -27,793 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 30,177 | -142,889 | -159,519 | -234,448 | -280,545 | -27,795 | ||||
| Depreciation | 343,592 | 213,116 | 132,094 | 125,788 | 119,634 | 110,146 | 84,543 | 453 | ||
| Amortisation | 6,824 | 7,444 | 7,444 | 620 | ||||||
| Tax | ||||||||||
| Stock | 72,728 | 35,168 | 28,054 | 65 | 17,105 | 60,321 | 28,874 | 13,211 | ||
| Debtors | 209,596 | 112,744 | -60,780 | 190,562 | 51,313 | -11,750 | 5,639 | 97,038 | 17,800 | |
| Creditors | 134,334 | -23,902 | 66,951 | 48,322 | -48,947 | 34,094 | 62,244 | -95,780 | 106,800 | |
| Accruals and Deferred Income | 402,745 | 37,988 | 76,267 | -54,849 | 23,490 | -23,713 | 69,330 | 145,083 | 20,000 | |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -34,365 | -109,686 | -80,119 | -52,224 | -341,038 | 81,205 | ||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 10,000 | |||||||||
| Group/Directors Accounts | 15,390 | -125,547 | 6,081 | -1,282,160 | 1,420,971 | -700,968 | 700,968 | |||
| Other Short Term Loans | ||||||||||
| Long term loans | -6,398,190 | 9,510,649 | -470,908 | 1,375,891 | -1,300,978 | 269,595 | 364,783 | 666,600 | ||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -13,259 | -13,024 | -11,797 | -11,831 | -1,383 | |||||
| cash flow from financing | 80,472 | 106,969 | 257,798 | 352,952 | 1,364,247 | 700,970 | ||||
| cash and cash equivalents | ||||||||||
| cash | 7,038 | 14,333 | -104,031 | 8,903 | -64,067 | 65,804 | -34,008 | 151,245 | 208 | |
| overdraft | -166 | 166 | ||||||||
| change in cash | 7,038 | 14,333 | -104,031 | 8,903 | -63,901 | 65,638 | -34,008 | 151,245 | 208 |
torabhaig distillery limited Credit Report and Business Information
Torabhaig Distillery Limited Competitor Analysis
Perform a competitor analysis for torabhaig distillery limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in TD8 area or any other competitors across 12 key performance metrics.
torabhaig distillery limited Ownership
TORABHAIG DISTILLERY LIMITED group structure
Torabhaig Distillery Limited has no subsidiary companies.
Ultimate parent company
MARUSSIA BEVERAGES AG
#0172206
2 parents
TORABHAIG DISTILLERY LIMITED
SC457756
torabhaig distillery limited directors
Torabhaig Distillery Limited currently has 2 directors. The longest serving directors include Mr John Mathieson (Nov 2013) and Mr Enrique Rodriguez De La Rubia (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Mathieson | Scotland | 63 years | Nov 2013 | - | Director |
| Mr Enrique Rodriguez De La Rubia | 47 years | Jan 2024 | - | Director |
P&L
December 2023turnover
3.2m
+33%
operating profit
8.8m
0%
gross margin
39.3%
-3.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6.9m
+6.03%
total assets
12m
+0.01%
cash
45.4k
+0.18%
net assets
Total assets minus all liabilities
torabhaig distillery limited company details
company number
SC457756
Type
Private limited with Share Capital
industry
11010 - Distilling, rectifying and blending of spirits
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
ensco 426 limited (September 2013)
accountant
FORVIS MAZARS LLP
auditor
-
address
mossburn house camptown, jedburgh, roxburghshire, TD8 6PJ
Bank
-
Legal Advisor
-
torabhaig distillery 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 2 charges/mortgages relating to torabhaig distillery limited. Currently there are 1 open charges and 1 have been satisfied in the past.
torabhaig distillery 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.
Click to start generating capital raising & share issue transactions for TORABHAIG DISTILLERY LIMITED. This can take several minutes, an email will notify you when this has completed.
torabhaig distillery limited Companies House Filings - See Documents
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