Pomanda estimates the enterprise value of GLENRINNES DISTILLERY LIMITED at £779.7k based on a Turnover of £1.2m and 0.65x industry multiple (adjusted for size and gross margin).
glenrinnes distillery limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GLENRINNES DISTILLERY LIMITED at £0 based on an EBITDA of £-579.8k and a 4.21x industry multiple (adjusted for size and gross margin).
glenrinnes distillery limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GLENRINNES DISTILLERY LIMITED at £0 based on Net Assets of £-2.6m and 1.74x industry multiple (adjusted for liquidity).
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Glenrinnes Distillery LimitedOverview
Glenrinnes Distillery Limited is a live company located in keith, AB55 4BS with a Companies House number of SC543737. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in August 2016, it's largest shareholder is
glenrinnes farms limited
with a 80% stake. Glenrinnes Distillery Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.2m with
high
growth in recent years.
Pomanda's financial health check has awarded Glenrinnes Distillery Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£19.3m)
£1.2m - Glenrinnes Distillery Limited
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (13.6%)
28% - Glenrinnes Distillery Limited
13.6% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - Glenrinnes Distillery Limited
38.1% - Industry AVG
Profitability
an operating margin of -54.5% make it less profitable than the average company (10.3%)
-54.5% - Glenrinnes Distillery Limited
10.3% - Industry AVG
Employees
with 6 employees, this is below the industry average (73)
6 - Glenrinnes Distillery Limited
73 - Industry AVG
Pay Structure
on an average salary of £57k, the company has an equivalent pay structure (£57k)
£57k - Glenrinnes Distillery Limited
£57k - Industry AVG
Efficiency
resulting in sales per employee of £198.6k, this is less efficient (£375.4k)
£198.6k - Glenrinnes Distillery Limited
£375.4k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (40 days)
14 days - Glenrinnes Distillery Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 235 days, this is slower than average (63 days)
235 days - Glenrinnes Distillery Limited
63 days - Industry AVG
Stock Days
it holds stock equivalent to 312 days, this is less than average (494 days)
312 days - Glenrinnes Distillery Limited
494 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (2 weeks)
0 weeks - Glenrinnes Distillery Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176.7%, this is a higher level of debt than the average (46.8%)
176.7% - Glenrinnes Distillery Limited
46.8% - Industry AVG
GLENRINNES DISTILLERY LIMITED financials
EXPORT
Glenrinnes Distillery Limited's latest turnover from June 2024 is estimated at £1.2 million and the company has net assets of -£2.6 million. According to their latest financial statements, Glenrinnes Distillery Limited has 6 employees and maintains cash reserves of £31.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Dec 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Turnover
1,191,871
1,180,072
679,240
564,369
385,053
312,735
627,911
Other Income Or Grants
Cost Of Sales
737,721
720,289
419,277
350,052
247,687
193,361
362,088
Gross Profit
454,149
459,783
259,963
214,317
137,366
119,374
265,823
Admin Expenses
1,103,693
763,133
467,833
732,264
537,577
529,594
313,391
30,674
Operating Profit
-649,544
-303,350
-207,870
-517,947
-400,211
-410,220
-47,568
-30,674
Interest Payable
Interest Receivable
1,313
499
50
26
10
587
893
110
Pre-Tax Profit
-648,231
-302,852
-207,820
-517,921
-400,201
-409,633
-46,675
-30,564
Tax
Profit After Tax
-648,231
-302,852
-207,820
-517,921
-400,201
-409,633
-46,675
-30,564
Dividends Paid
Retained Profit
-648,231
-302,852
-207,820
-517,921
-400,201
-409,633
-46,675
-30,564
Employee Costs
341,771
366,755
312,716
272,364
160,000
137,281
88,820
Number Of Employees
6
7
6
6
4
3
2
EBITDA*
-579,835
-191,474
-152,395
-368,638
-290,305
-304,344
-47,568
-30,674
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Dec 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Tangible Assets
2,534,936
2,620,343
2,692,379
2,724,692
2,833,012
2,894,030
2,656,656
125,049
Intangible Assets
69,709
95,499
121,289
131,866
141,205
130,762
95,228
22,878
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,604,645
2,715,842
2,813,668
2,856,558
2,974,217
3,024,792
2,751,884
147,927
Stock & work in progress
631,257
607,932
125,959
55,814
53,275
38,008
Trade Debtors
47,667
35,114
25,296
5,801
5,663
9,769
Group Debtors
Misc Debtors
29,436
31,777
54,479
14,198
14,331
20,281
242,379
31,868
Cash
31,247
18,788
1,152
6,875
14,177
6,806
149,794
88,344
misc current assets
total current assets
739,607
693,611
206,886
82,688
87,446
74,864
392,173
120,212
total assets
3,344,252
3,409,453
3,020,554
2,939,246
3,061,663
3,099,656
3,144,057
268,139
Bank overdraft
Bank loan
Trade Creditors
476,230
472,168
63,099
20,631
29,521
42,816
Group/Directors Accounts
5,225,457
4,815,071
4,501,103
4,300,042
other short term finances
hp & lease commitments
1,884
4,203
4,087
other current liabilities
34,526
33,930
62,979
15,365
3,909,701
3,530,426
3,221,196
298,603
total current liabilities
5,736,213
5,323,053
4,631,384
4,340,125
3,939,222
3,573,242
3,221,196
298,603
loans
hp & lease commitments
1,884
4,015
Accruals and Deferred Income
other liabilities
1,474
1,966
9,414
13,186
provisions
170,362
total long term liabilities
171,836
1,966
1,884
4,015
9,414
13,186
total liabilities
5,908,049
5,325,019
4,633,268
4,344,140
3,948,636
3,586,428
3,221,196
298,603
net assets
-2,563,797
-1,915,566
-1,612,714
-1,404,894
-886,973
-486,772
-77,139
-30,464
total shareholders funds
-2,563,797
-1,915,566
-1,612,714
-1,404,894
-886,973
-486,772
-77,139
-30,464
Jun 2024
Jun 2023
Jun 2022
Dec 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Operating Activities
Operating Profit
-649,544
-303,350
-207,870
-517,947
-400,211
-410,220
-47,568
-30,674
Depreciation
86,086
42,659
117,200
88,481
87,196
Amortisation
69,709
25,790
12,816
32,109
21,425
18,680
Tax
Stock
23,325
481,973
70,145
2,539
15,267
38,008
Debtors
10,212
-12,884
59,776
5
-10,056
-212,329
210,511
31,868
Creditors
4,062
409,069
42,468
-8,890
-13,295
42,816
Accruals and Deferred Income
596
-29,049
47,614
-3,894,336
379,275
309,230
2,922,593
298,603
Deferred Taxes & Provisions
170,362
Cash flow from operations
-438,352
-280,543
-192,234
-4,274,408
70,464
222,023
2,664,514
236,061
Investing Activities
capital expenditure
41,488
-14,050
-12,585
-31,650
-59,331
-378,784
-2,603,957
-147,927
Change in Investments
cash flow from investments
41,488
-14,050
-12,585
-31,650
-59,331
-378,784
-2,603,957
-147,927
Financing Activities
Bank loans
Group/Directors Accounts
410,386
313,968
201,061
4,300,042
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-1,884
-4,203
-2,015
8,102
other long term liabilities
-492
1,966
-9,414
-3,772
13,186
share issue
100
interest
1,313
499
50
26
10
587
893
110
cash flow from financing
409,323
312,230
199,096
4,298,756
-3,762
13,773
893
210
cash and cash equivalents
cash
12,459
17,636
-5,723
-7,302
7,371
-142,988
61,450
88,344
overdraft
change in cash
12,459
17,636
-5,723
-7,302
7,371
-142,988
61,450
88,344
glenrinnes distillery limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for glenrinnes distillery limited. Get real-time insights into glenrinnes distillery limited's credit score, group structure and payment trends.
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glenrinnes distillery limited Ownership
GLENRINNES DISTILLERY LIMITED group structure
Glenrinnes Distillery Limited has no subsidiary companies.
The largest shareholders in Glenrinnes Distillery Limited include Glenrinnes Farms Limited and Mr Alexander James Christou.
glenrinnes farms limited
80%
mr alexander james christou
20%
glenrinnes distillery limited directors
Glenrinnes Distillery Limited currently has 2 directors.
The longest serving directors include
Mr Alexander Christou (Aug 2016) and
Mr Alasdair Locke (Aug 2016).
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 glenrinnes distillery limited.
glenrinnes 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.
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glenrinnes distillery limitedCompanies House Filings - See Documents
