carmen tapas ltd
carmen tapas ltd Company Information
Company Number
03273595
Website
www.carmenbardetapas.comRegistered Address
6a clapham common south side, london, SW4 7AA
Industry
Licensed restaurants
Telephone
02076226848
Next Accounts Due
415 days late
Group Structure
View All
Shareholders
rajaratnam sivakumar 100%
carmen tapas ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMEN TAPAS LTD at £49.3k based on a Turnover of £95.8k and 0.51x industry multiple (adjusted for size and gross margin).
carmen tapas ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMEN TAPAS LTD at £0 based on an EBITDA of £-50k and a 3.91x industry multiple (adjusted for size and gross margin).
carmen tapas ltd Estimated Valuation
Pomanda estimates the enterprise value of CARMEN TAPAS LTD at £0 based on Net Assets of £-26.9k and 3.04x industry multiple (adjusted for liquidity).
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Carmen Tapas Ltd Overview
Carmen Tapas Ltd is a live company located in london, SW4 7AA with a Companies House number of 03273595. It operates in the licenced restaurants sector, SIC Code 56101. Founded in November 1996, it's largest shareholder is rajaratnam sivakumar with a 100% stake. Carmen Tapas Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £95.8k with high growth in recent years.
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Carmen Tapas Ltd Health Check
Pomanda's financial health check has awarded Carmen Tapas Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £95.8k, make it smaller than the average company (£1.3m)
- Carmen Tapas Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4%)
- Carmen Tapas Ltd
4% - Industry AVG
Production
with a gross margin of 36.2%, this company has a higher cost of product (59.3%)
- Carmen Tapas Ltd
59.3% - Industry AVG
Profitability
an operating margin of -52.2% make it less profitable than the average company (2.9%)
- Carmen Tapas Ltd
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (58)
2 - Carmen Tapas Ltd
58 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Carmen Tapas Ltd
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £47.9k, this is equally as efficient (£46.3k)
- Carmen Tapas Ltd
£46.3k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (5 days)
- Carmen Tapas Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 300 days, this is slower than average (47 days)
- Carmen Tapas Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carmen Tapas Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Carmen Tapas Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 214.8%, this is a higher level of debt than the average (87.2%)
214.8% - Carmen Tapas Ltd
87.2% - Industry AVG
CARMEN TAPAS LTD financials
Carmen Tapas Ltd's latest turnover from November 2019 is estimated at £95.8 thousand and the company has net assets of -£26.9 thousand. According to their latest financial statements, Carmen Tapas Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 418,120 | 375,545 | |||||||||
| Other Income Or Grants | 0 | 0 | |||||||||
| Cost Of Sales | 155,015 | 141,492 | |||||||||
| Gross Profit | 263,105 | 234,053 | |||||||||
| Admin Expenses | 207,249 | 187,714 | |||||||||
| Operating Profit | 55,856 | 46,339 | |||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | |||||||||
| Pre-Tax Profit | 55,856 | 46,339 | |||||||||
| Tax | -11,802 | -9,587 | |||||||||
| Profit After Tax | 44,054 | 36,752 | |||||||||
| Dividends Paid | 53,000 | 34,000 | |||||||||
| Retained Profit | -8,946 | 2,752 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 2 | ||||||||
| EBITDA* | 59,008 | 50,278 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,917 | 9,898 | 10,911 | 12,228 | 15,285 | 12,606 | 15,758 | 19,697 | 19,958 | 15,005 | 9,038 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 7,917 | 9,898 | 10,911 | 12,228 | 15,285 | 12,606 | 15,758 | 19,697 | 19,958 | 15,005 | 9,038 |
| Stock & work in progress | 0 | 0 | 0 | 2,750 | 2,350 | 2,300 | 2,000 | 2,125 | 2,725 | 2,975 | 2,850 |
| Trade Debtors | 9,986 | 27,727 | 68,669 | 0 | 0 | 0 | 0 | 0 | 185 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 93,232 | 80,103 | 40,041 | 18,984 | 29,885 | 28,582 | 16,672 | 24,724 |
| misc current assets | 5,516 | 5,516 | 1,266 | 1,597 | 1,313 | 0 | 4,362 | 4,274 | 2,000 | 0 | 0 |
| total current assets | 15,502 | 33,243 | 69,935 | 97,579 | 83,766 | 42,341 | 25,346 | 36,284 | 33,492 | 19,647 | 27,574 |
| total assets | 23,419 | 43,141 | 80,846 | 109,807 | 99,051 | 54,947 | 41,104 | 55,981 | 53,450 | 34,652 | 36,612 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,312 | 20,052 | 33,183 | 51,433 | 62,590 | 42,191 | 25,717 | 43,346 | 30,935 | 25,058 | 25,990 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 6,315 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 50,312 | 20,052 | 33,183 | 51,433 | 62,590 | 48,506 | 25,717 | 43,346 | 30,935 | 25,058 | 25,990 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 50,312 | 20,052 | 33,183 | 51,433 | 62,590 | 48,506 | 25,717 | 43,346 | 30,935 | 25,058 | 25,990 |
| net assets | -26,893 | 23,089 | 47,663 | 58,374 | 36,461 | 6,441 | 15,387 | 12,635 | 22,515 | 9,594 | 10,622 |
| total shareholders funds | -26,893 | 23,089 | 47,663 | 58,374 | 36,461 | 6,441 | 15,387 | 12,635 | 22,515 | 9,594 | 10,622 |
| Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 55,856 | 46,339 | |||||||||
| Depreciation | 3,057 | 3,821 | 3,152 | 3,939 | 4,924 | 4,989 | 3,751 | 2,259 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -11,802 | -9,587 | |||||||||
| Stock | 0 | 0 | -2,750 | 400 | 50 | 300 | -125 | -600 | -250 | 125 | 2,850 |
| Debtors | -17,741 | -40,942 | 68,669 | 0 | 0 | 0 | 0 | -185 | 185 | 0 | 0 |
| Creditors | 30,260 | -13,131 | -18,250 | -11,157 | 20,399 | 16,474 | -17,629 | 12,411 | 5,877 | -932 | 25,990 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -6,315 | 6,315 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 69,695 | 23,187 | |||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | |||||||||
| cash flow from financing | 0 | 0 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | -93,232 | 13,129 | 40,062 | 21,057 | -10,901 | 1,303 | 11,910 | -8,052 | 24,724 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -93,232 | 13,129 | 40,062 | 21,057 | -10,901 | 1,303 | 11,910 | -8,052 | 24,724 |
carmen tapas ltd Credit Report and Business Information
Carmen Tapas Ltd Competitor Analysis
Perform a competitor analysis for carmen tapas ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SW4 area or any other competitors across 12 key performance metrics.
carmen tapas ltd Ownership
CARMEN TAPAS LTD group structure
Carmen Tapas Ltd has no subsidiary companies.
Ultimate parent company
CARMEN TAPAS LTD
03273595
carmen tapas ltd directors
Carmen Tapas Ltd currently has 2 directors. The longest serving directors include Mr Rajaratnam Sivakumar (Aug 2018) and Mr Tiho Strbac (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajaratnam Sivakumar | England | 59 years | Aug 2018 | - | Director |
| Mr Tiho Strbac | England | 67 years | May 2022 | - | Director |
P&L
November 2019turnover
95.8k
-53%
operating profit
-50k
0%
gross margin
36.3%
-3.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2019net assets
-26.9k
-2.16%
total assets
23.4k
-0.46%
cash
0
0%
net assets
Total assets minus all liabilities
carmen tapas ltd company details
company number
03273595
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
November 1996
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2021
previous names
N/A
accountant
BBK PARTNERSHIP
auditor
-
address
6a clapham common south side, london, SW4 7AA
Bank
-
Legal Advisor
-
carmen tapas 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 did not find charges/mortgages relating to carmen tapas ltd.
carmen tapas ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
