Pomanda estimates the enterprise value of SPIRIT BAR LIMITED at £878.9k based on a Turnover of £1.5m and 0.61x industry multiple (adjusted for size and gross margin).
spirit bar limitedEstimated Valuation
£241.1k
Pomanda estimates the enterprise value of SPIRIT BAR LIMITED at £241.1k based on an EBITDA of £56.7k and a 4.25x industry multiple (adjusted for size and gross margin).
spirit bar limitedEstimated Valuation
£2.9m
Pomanda estimates the enterprise value of SPIRIT BAR LIMITED at £2.9m based on Net Assets of £1.5m and 1.93x industry multiple (adjusted for liquidity).
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Spirit Bar LimitedOverview
Spirit Bar Limited is a live company located in oxfordshire, OX1 1HH with a Companies House number of 03755566. It operates in the public houses and bars sector, SIC Code 56302. Founded in April 1999, it's largest shareholder is
alistair lockwood thompson
with a 50% stake. Spirit Bar Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Spirit Bar Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £1.5m, make it larger than the average company (£571.2k)
£1.5m - Spirit Bar Limited
£571.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.4%)
9% - Spirit Bar Limited
8.4% - Industry AVG
Production
with a gross margin of 57.7%, this company has a comparable cost of product (57.7%)
57.7% - Spirit Bar Limited
57.7% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (5.6%)
-3.6% - Spirit Bar Limited
5.6% - Industry AVG
Employees
with 50 employees, this is above the industry average (13)
50 - Spirit Bar Limited
13 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
£15.3k - Spirit Bar Limited
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £29k, this is less efficient (£50.4k)
£29k - Spirit Bar Limited
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (9 days)
0 days - Spirit Bar Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 122 days, this is slower than average (48 days)
122 days - Spirit Bar Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 47 days, this is more than average (17 days)
47 days - Spirit Bar Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 110 weeks, this is more cash available to meet short term requirements (14 weeks)
110 weeks - Spirit Bar Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (75.3%)
34.8% - Spirit Bar Limited
75.3% - Industry AVG
SPIRIT BAR LIMITED financials
EXPORT
Spirit Bar Limited's latest turnover from November 2023 is estimated at £1.5 million and the company has net assets of £1.5 million. According to their latest financial statements, Spirit Bar Limited has 50 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Turnover
1,450,672
1,348,731
719,817
1,122,028
2,184,167
1,166,659
895,614
422,587
3,256,237
4,924,284
3,221,736
4,061,554
2,846,905
5,883,143
Other Income Or Grants
Cost Of Sales
612,991
547,366
302,820
470,512
928,381
485,266
371,715
180,181
1,457,107
2,199,098
1,488,719
1,914,738
1,291,706
2,705,608
Gross Profit
837,681
801,365
416,998
651,517
1,255,786
681,393
523,899
242,407
1,799,130
2,725,185
1,733,017
2,146,817
1,555,199
3,177,536
Admin Expenses
889,270
-305,520
-30,970
637,193
1,105,973
645,158
475,554
246,365
1,841,302
2,677,197
1,665,438
1,970,942
1,648,587
3,222,109
Operating Profit
-51,589
1,106,885
447,968
14,324
149,813
36,235
48,345
-3,958
-42,172
47,988
67,579
175,875
-93,388
-44,573
Interest Payable
5,541
8,895
8,709
9,083
10,522
6,120
2,582
2,238
Interest Receivable
72,778
37,273
866
488
2,563
1,084
390
575
414
452
512
443
428
221
Pre-Tax Profit
15,648
1,135,263
440,125
5,730
141,854
31,199
46,152
-5,622
-41,758
48,441
68,091
176,318
-92,960
-44,352
Tax
-3,912
-215,700
-83,624
-1,089
-26,952
-5,928
-8,769
-10,173
-15,661
-42,316
Profit After Tax
11,736
919,563
356,501
4,641
114,902
25,271
37,383
-5,622
-41,758
38,268
52,430
134,002
-92,960
-44,352
Dividends Paid
Retained Profit
11,736
919,563
356,501
4,641
114,902
25,271
37,383
-5,622
-41,758
38,268
52,430
134,002
-92,960
-44,352
Employee Costs
763,028
785,128
594,918
690,745
801,522
624,468
468,691
140,033
951,034
1,524,432
927,219
1,094,503
701,452
1,553,691
Number Of Employees
50
54
46
50
51
38
32
10
67
107
68
91
59
125
EBITDA*
56,679
1,215,315
523,512
135,965
232,104
118,817
75,574
25,520
-8,719
72,694
93,295
197,689
-71,774
23,581
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Tangible Assets
448,239
438,484
208,227
263,232
380,524
430,972
87,575
109,555
137,378
113,969
125,862
130,783
145,020
365,242
Intangible Assets
25,565
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
448,239
438,484
208,227
263,232
380,524
430,972
87,575
109,555
137,378
113,969
125,862
130,783
145,020
390,807
Stock & work in progress
79,958
51,808
45,875
36,051
55,689
51,998
47,474
55,020
61,350
45,049
39,164
26,978
15,399
12,661
Trade Debtors
340
3,750
420
420
1,141
1,120
85,267
92,437
95,655
87,120
65,541
108,596
Group Debtors
Misc Debtors
317,728
758,065
106,297
123,819
155,372
156,342
83,158
89,961
Cash
1,470,550
1,301,947
1,182,920
549,687
426,840
256,707
176,756
134,910
94,888
70,606
110,353
94,439
82,750
88,393
misc current assets
total current assets
1,868,576
2,115,570
1,335,512
709,977
637,901
466,188
308,508
279,891
241,505
208,092
245,172
208,537
163,690
209,650
total assets
2,316,815
2,554,054
1,543,739
973,209
1,018,425
897,160
396,083
389,446
378,883
322,061
371,034
339,320
308,710
600,457
Bank overdraft
10,118
46,934
53,301
Bank loan
50,834
42,979
37,539
37,539
13,765
Trade Creditors
205,989
257,777
288,520
114,006
263,622
210,819
133,086
127,209
252,234
222,071
309,194
331,680
408,624
555,717
Group/Directors Accounts
other short term finances
hp & lease commitments
8,696
12,631
11,972
11,756
other current liabilities
476,767
644,730
531,231
435,504
333,988
326,687
162,710
143,867
total current liabilities
692,874
949,441
879,281
605,120
647,121
586,801
309,561
324,377
252,234
222,071
309,194
331,680
408,624
555,717
loans
15,703
25,752
74,152
117,588
99,686
136,990
15,571
hp & lease commitments
8,696
21,438
33,409
Accruals and Deferred Income
other liabilities
69,350
27,698
88,992
provisions
98,133
80,492
11,500
19,500
32,516
37,198
9,031
9,390
11,569
12,502
12,620
10,850
9,600
total long term liabilities
113,836
106,244
85,652
145,784
153,640
207,597
9,031
24,961
80,919
12,502
12,620
10,850
37,298
88,992
total liabilities
806,710
1,055,685
964,933
750,904
800,761
794,398
318,592
349,338
333,153
234,573
321,814
342,530
445,922
644,709
net assets
1,510,105
1,498,369
578,806
222,305
217,664
102,762
77,491
40,108
45,730
87,488
49,220
-3,210
-137,212
-44,252
total shareholders funds
1,510,105
1,498,369
578,806
222,305
217,664
102,762
77,491
40,108
45,730
87,488
49,220
-3,210
-137,212
-44,252
Nov 2023
Nov 2022
Nov 2021
Nov 2020
May 2019
May 2018
May 2017
May 2016
May 2015
May 2014
May 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-51,589
1,106,885
447,968
14,324
149,813
36,235
48,345
-3,958
-42,172
47,988
67,579
175,875
-93,388
-44,573
Depreciation
108,268
108,430
75,544
121,641
82,291
82,582
27,229
29,478
33,453
24,706
25,716
21,814
21,614
52,815
Amortisation
15,339
Tax
-3,912
-215,700
-83,624
-1,089
-26,952
-5,928
-8,769
-10,173
-15,661
-42,316
Stock
28,150
5,933
9,824
-19,638
3,691
4,524
-7,546
-6,330
16,301
5,885
12,186
11,579
2,738
12,661
Debtors
-443,747
655,098
-17,522
-31,133
-2,111
73,205
-5,683
4,694
-7,170
-3,218
8,535
21,579
-43,055
108,596
Creditors
-51,788
-30,743
174,514
-149,616
52,803
77,733
5,877
-125,025
30,163
-87,123
-22,486
-76,944
-147,093
555,717
Accruals and Deferred Income
-167,963
113,499
95,727
101,516
7,301
163,977
18,843
143,867
Deferred Taxes & Provisions
17,641
68,992
-8,000
-13,016
-4,682
28,167
-359
-2,179
-933
-118
1,770
1,250
9,600
Cash flow from operations
266,254
490,332
709,827
124,531
258,994
305,037
104,395
43,819
11,380
-27,387
36,197
46,521
-168,950
458,041
Investing Activities
capital expenditure
-118,023
-338,687
-20,539
-4,349
-31,843
-425,979
-5,249
-1,655
-56,862
-12,813
-20,795
-7,577
224,173
-458,961
Change in Investments
cash flow from investments
-118,023
-338,687
-20,539
-4,349
-31,843
-425,979
-5,249
-1,655
-56,862
-12,813
-20,795
-7,577
224,173
-458,961
Financing Activities
Bank loans
-50,834
7,855
5,440
23,774
13,765
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,049
-48,400
-43,436
17,902
-37,304
136,990
-15,571
15,571
Hire Purchase and Lease Commitments
-8,696
-12,631
-12,083
-11,755
45,165
other long term liabilities
-69,350
69,350
-27,698
-61,294
88,992
share issue
100
interest
67,237
28,378
-7,843
-8,595
-7,959
-5,036
-2,192
-1,663
414
452
512
443
428
221
cash flow from financing
57,188
-79,552
-56,055
2,664
-57,018
200,893
-3,998
-55,442
69,764
452
512
-27,255
-60,866
89,313
cash and cash equivalents
cash
168,603
119,027
633,233
122,847
170,133
79,951
41,846
40,022
24,282
-39,747
15,914
11,689
-5,643
88,393
overdraft
-36,816
46,934
-53,301
53,301
change in cash
205,419
72,093
633,233
122,847
170,133
79,951
95,147
-13,279
24,282
-39,747
15,914
11,689
-5,643
88,393
spirit bar 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 spirit bar limited. Get real-time insights into spirit bar limited's credit score, group structure and payment trends.
Perform a competitor analysis for spirit bar limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in OX1 area or any other competitors across 12 key performance metrics.
spirit bar limited Ownership
SPIRIT BAR LIMITED group structure
Spirit Bar Limited has no subsidiary companies.
Ultimate parent company
SPIRIT BAR LIMITED
03755566
SPIRIT BAR LIMITED Shareholders
The largest shareholders in Spirit Bar Limited include Alistair Lockwood Thompson and Mr Robert Yue Opher.
alistair lockwood thompson
50%
mr robert yue opher
50%
spirit bar limited directors
Spirit Bar Limited currently has 4 directors.
The longest serving directors include
Mr Robert Opher (Apr 1999) and
Mr Alistair Thompson (Aug 1999).
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 5 charges/mortgages relating to spirit bar limited. Currently there are 2 open charges and 3 have been satisfied in the past.
spirit bar 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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spirit bar limitedCompanies House Filings - See Documents
