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Having sold his first business to Just Eat, Josh Magidson founded Zing Zing to change the face of the Chinese food takeout and delivery industry by offering modern, healthy food, cooked fresh and delivered fast. With a turnover of £1m in 2015 and having achieved profitability from two restaurants, Zing Zing is backed by investors and advisors with experience of Wagamamas, Chipotle and Domino’s and is ready to scale.

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Financial data drawn from last filed accounts don't necessarily reflect current trading activity. Financials provided by Company Check.

Accounts

2013 2014 2015 2016
Turnover - - £1.05m £1.23m
Cash £58.11k £63.87k £39.51k £1.16m
Increase in Cash - - - -

Profit & Loss

2013 2014 2015 2016
Audit Fees £0 £0 £0 £0
Cost of Sales - - £935.82k £1.11m
Depreciation £23.62k £61.66k £62.89k £76.59k
Directors Emoluments - - - -
Dividends - - - -
Export - - - -
Gross Profit - - £115.06k £117.19k
Interest Payments - - £5.14k £17.55k
Operating Profit - - £-282.66k £-377.05k
Pretax Profit - - £-287.8k £-393.57k
Profit after Tax - - £-334.44k £-393.57k
Retained Profit - - £-334.44k £-393.57k
Taxation - - £-46.65k £0
Turnover - - £1.05m £1.23m
Wages & Salaries - - - -

Balance Sheet

2013 2014 2015 2016
Intangible Assets £0 £0 £0 £0
Bank Loans & Overdrafts £0 £0 £0 £0
Cash £58.11k £63.87k £39.51k £1.16m
Miscellaneous Current Assets £0 £0 £0 £0
Miscellaneous Current Liabilities £0 £0 £254.32k £245.85k
Other Debtors £0 £0 £7.96k £35.58k
Other Long Term Finance £0 £0 £0 £0
Other Short Term Finance £0 £0 £0 £0
Stock £11.85k £22.15k £17.39k £15.43k
Tangible Accounts £260.76k £203.39k £145.1k £155.77k
Total Current Assets £123.27k £139.96k £64.86k £1.21m
Total Current Liabilities £226.01k £302.19k £328.41k £393.48k
Total Fixed Assets £260.76k £203.39k £145.1k £155.77k
Total Long Term Finance £95k £170.18k £245k £284.99k
Trade Creditors £226.01k £302.19k £74.1k £147.63k
Trade Debtors £53.32k £53.94k £0 £0

Capital & Reserves

2013 2014 2015 2016
Profit & Loss Account Reserve £-189.95k £-501.97k £-836.41k £-1.23m
Called up share capital £12.1k £13.15k £16.26k £23.03k
Revaluation Reserve £0 £0 £0 £0
Shareholder Funds £63.02k £-129.01k £-363.46k £687.85k
Sundry Reserves £240.87k £359.81k £456.7k £1.89m

Cash

2013 2014 2015 2016
Increase in Cash - - - -
Net Cash Flow Before Financing £0 £0 £0 £0
Net Cash Flow From Financing - - - -
Net Cash Flow From Operations - - - -

Other Financials

2013 2014 2015 2016
Net Assets £63.02k £-129.01k £-363.46k £687.85k
Net Worth £63.02k £-129.01k £-363.46k £687.85k
Total Assets £384.03k £343.36k £209.96k £1.37m
Total Liabilities £321.01k £472.37k £573.41k £678.46k
Working Capital £-102.74k £-162.23k £-263.56k £817.06k

Ratios

2013 2014 2015 2016
Creditor Days 0% 0% 25.66% 43.71%
Current Debt Ratio 3.58% -2.34% -0.9% 0.57%
Current Ratio 0.55% 0.46% 0.2% 3.08%
Debtor Days 0% 0% 0% 0%
Equity In Percentage 16.4% -37.6% -173.1% 50.3%
Gearing 150.7% -131.9% -67.4% 41.4%
Liquidity Ratio Or Acid Test 0.49% 0.38% 0.14% 3.03%
Pre Tax Profit Margin 0% 0% -27.39% -32.02%
Return On Capital Employed 0% 0% 242.95% -40.45%
Return On Net Assets Employed 0% 0% 79.18% -57.21%
Return On Total Assets Employed 0% 0% -137.07% -28.8%
Sales Or Net Working Capital 0% 0% 0% 0%
Stock Turnover Ratio 0% 0% 1.65% 1.25%
Total Debt Ratio 5.09% -3.66% -1.57% 0.98%