lickilicious candy lounge ltd
lickilicious candy lounge ltd Company Information
Company Number
SC531493
Website
www.lickilicious.co.ukRegistered Address
3 rodger crescent, armadale, bathgate, west lothian, EH48 3GR
Industry
Other food service activities
Telephone
441501749598
Next Accounts Due
January 2025
Group Structure
View All
Directors
Ahmed Ali8 Years
Shareholders
ahmed ali 100%
lickilicious candy lounge ltd Estimated Valuation
Pomanda estimates the enterprise value of LICKILICIOUS CANDY LOUNGE LTD at £208.9k based on a Turnover of £395k and 0.53x industry multiple (adjusted for size and gross margin).
lickilicious candy lounge ltd Estimated Valuation
Pomanda estimates the enterprise value of LICKILICIOUS CANDY LOUNGE LTD at £111k based on an EBITDA of £23.2k and a 4.78x industry multiple (adjusted for size and gross margin).
lickilicious candy lounge ltd Estimated Valuation
Pomanda estimates the enterprise value of LICKILICIOUS CANDY LOUNGE LTD at £223.2k based on Net Assets of £78.7k and 2.84x industry multiple (adjusted for liquidity).
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Lickilicious Candy Lounge Ltd Overview
Lickilicious Candy Lounge Ltd is a live company located in bathgate, EH48 3GR with a Companies House number of SC531493. It operates in the other food services sector, SIC Code 56290. Founded in April 2016, it's largest shareholder is ahmed ali with a 100% stake. Lickilicious Candy Lounge Ltd is a young, micro sized company, Pomanda has estimated its turnover at £395k with healthy growth in recent years.
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Lickilicious Candy Lounge Ltd Health Check
Pomanda's financial health check has awarded Lickilicious Candy Lounge Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £395k, make it smaller than the average company (£1.5m)
- Lickilicious Candy Lounge Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.1%)
- Lickilicious Candy Lounge Ltd
6.1% - Industry AVG
Production
with a gross margin of 26.9%, this company has a comparable cost of product (26.9%)
- Lickilicious Candy Lounge Ltd
26.9% - Industry AVG
Profitability
an operating margin of 5.9% make it more profitable than the average company (2.9%)
- Lickilicious Candy Lounge Ltd
2.9% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (16)
15 - Lickilicious Candy Lounge Ltd
16 - Industry AVG
Pay Structure
on an average salary of £23k, the company has an equivalent pay structure (£23k)
- Lickilicious Candy Lounge Ltd
£23k - Industry AVG
Efficiency
resulting in sales per employee of £26.3k, this is less efficient (£66.5k)
- Lickilicious Candy Lounge Ltd
£66.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lickilicious Candy Lounge Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
- Lickilicious Candy Lounge Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lickilicious Candy Lounge Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 269 weeks, this is more cash available to meet short term requirements (22 weeks)
269 weeks - Lickilicious Candy Lounge Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.3%, this is a lower level of debt than the average (69.6%)
19.3% - Lickilicious Candy Lounge Ltd
69.6% - Industry AVG
LICKILICIOUS CANDY LOUNGE LTD financials
Lickilicious Candy Lounge Ltd's latest turnover from April 2023 is estimated at £395 thousand and the company has net assets of £78.7 thousand. According to their latest financial statements, Lickilicious Candy Lounge Ltd has 15 employees and maintains cash reserves of £97.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 15 | 23 | 15 | 12 | 10 | 10 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 42,929 | 16,816 | 21,601 | 22,801 | 30,401 | 32,535 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 42,929 | 16,816 | 21,601 | 22,801 | 30,401 | 32,535 |
| Stock & work in progress | 0 | 10,725 | 7,725 | 10,725 | 9,750 | 9,250 | 7,525 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 135 | 0 | 0 | 23,000 | 23,000 | 0 | 0 |
| Cash | 97,398 | 62,392 | 131,454 | 45,338 | 43,009 | 35,443 | 27,090 |
| misc current assets | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 97,533 | 73,118 | 139,179 | 79,063 | 75,759 | 44,693 | 34,615 |
| total assets | 97,533 | 116,047 | 155,995 | 100,664 | 98,560 | 75,094 | 67,150 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 0 | 0 | 1,712 | 1,343 | 3,695 | 4,074 |
| Group/Directors Accounts | 15,295 | 23,136 | 31,508 | 14,609 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,515 | 16,313 | 25,144 | 20,412 | 25,757 | 8,761 | 18,715 |
| total current liabilities | 18,811 | 39,449 | 56,652 | 36,733 | 27,100 | 12,456 | 22,789 |
| loans | 0 | 17,198 | 23,912 | 27,023 | 33,812 | 40,395 | 46,861 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 17,198 | 23,912 | 27,023 | 33,812 | 40,395 | 46,861 |
| total liabilities | 18,811 | 56,647 | 80,564 | 63,756 | 60,912 | 52,851 | 69,650 |
| net assets | 78,722 | 59,400 | 75,431 | 36,908 | 37,648 | 22,243 | -2,500 |
| total shareholders funds | 78,722 | 59,400 | 75,431 | 36,908 | 37,648 | 22,243 | -2,500 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 10,733 | 4,785 | 6,200 | 7,600 | 10,134 | 10,845 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -10,725 | 3,000 | -3,000 | 975 | 500 | 1,725 | 7,525 |
| Debtors | 135 | 0 | -23,000 | 0 | 23,000 | 0 | 0 |
| Creditors | 1 | 0 | -1,712 | 369 | -2,352 | -379 | 4,074 |
| Accruals and Deferred Income | -12,798 | -8,831 | 4,732 | -5,345 | 16,996 | -9,954 | 18,715 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -7,841 | -8,372 | 16,899 | 14,609 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -17,198 | -6,714 | -3,111 | -6,789 | -6,583 | -6,466 | 46,861 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 35,006 | -69,062 | 86,116 | 2,329 | 7,566 | 8,353 | 27,090 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 35,006 | -69,062 | 86,116 | 2,329 | 7,566 | 8,353 | 27,090 |
lickilicious candy lounge ltd Credit Report and Business Information
Lickilicious Candy Lounge Ltd Competitor Analysis
Perform a competitor analysis for lickilicious candy lounge ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EH48 area or any other competitors across 12 key performance metrics.
lickilicious candy lounge ltd Ownership
LICKILICIOUS CANDY LOUNGE LTD group structure
Lickilicious Candy Lounge Ltd has no subsidiary companies.
Ultimate parent company
LICKILICIOUS CANDY LOUNGE LTD
SC531493
lickilicious candy lounge ltd directors
Lickilicious Candy Lounge Ltd currently has 1 director, Ahmed Ali serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ahmed Ali | United Kingdom | 38 years | Apr 2016 | - | Director |
P&L
April 2023turnover
395k
-56%
operating profit
23.2k
0%
gross margin
27%
+0.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
78.7k
+0.33%
total assets
97.5k
-0.16%
cash
97.4k
+0.56%
net assets
Total assets minus all liabilities
lickilicious candy lounge ltd company details
company number
SC531493
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
April 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
3 rodger crescent, armadale, bathgate, west lothian, EH48 3GR
accountant
AHMAD & NABI MCMULLAN ACCOUNTANTS
auditor
-
lickilicious candy lounge 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 found 1 charges/mortgages relating to lickilicious candy lounge ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
lickilicious candy lounge ltd Companies House Filings - See Documents
| date | description | view/download |
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