Pomanda estimates the enterprise value of BLADES RESTAURANTS LTD at £71m based on a Turnover of £45m and 1.58x industry multiple (adjusted for size and gross margin).
blades restaurants ltdEstimated Valuation
£16.6m
Pomanda estimates the enterprise value of BLADES RESTAURANTS LTD at £16.6m based on an EBITDA of £1.5m and a 10.75x industry multiple (adjusted for size and gross margin).
blades restaurants ltdEstimated Valuation
£7.7m
Pomanda estimates the enterprise value of BLADES RESTAURANTS LTD at £7.7m based on Net Assets of £2.9m and 2.63x industry multiple (adjusted for liquidity).
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Blades Restaurants LtdOverview
Blades Restaurants Ltd is a live company located in nottingham, NG7 3AG with a Companies House number of 04201937. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in April 2001, it's largest shareholder is
jerry nicholls
with a 100% stake. Blades Restaurants Ltd is a mature,
large sized company, Pomanda has estimated its turnover at
£45m with
high
growth in recent years.
Pomanda's financial health check has awarded Blades Restaurants Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
5 Regular
1 Weak
Size
annual sales of £45m, make it larger than the average company (£1.4m)
£45m - Blades Restaurants Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (15.2%)
25% - Blades Restaurants Ltd
15.2% - Industry AVG
Production
with a gross margin of 64.4%, this company has a comparable cost of product (63.1%)
64.4% - Blades Restaurants Ltd
63.1% - Industry AVG
Profitability
an operating margin of 1.3% make it as profitable than the average company (1.3%)
1.3% - Blades Restaurants Ltd
1.3% - Industry AVG
Employees
with 1246 employees, this is above the industry average (98)
1246 - Blades Restaurants Ltd
98 - Industry AVG
Pay Structure
on an average salary of £10.1k, the company has an equivalent pay structure (£11.5k)
£10.1k - Blades Restaurants Ltd
£11.5k - Industry AVG
Efficiency
resulting in sales per employee of £36.2k, this is equally as efficient (£38.9k)
£36.2k - Blades Restaurants Ltd
£38.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Blades Restaurants Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (31 days)
27 days - Blades Restaurants Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is in line with average (4 days)
5 days - Blades Restaurants Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 52 weeks, this is more cash available to meet short term requirements (32 weeks)
52 weeks - Blades Restaurants Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.3%, this is a lower level of debt than the average (76.1%)
58.3% - Blades Restaurants Ltd
76.1% - Industry AVG
BLADES RESTAURANTS LTD financials
EXPORT
Blades Restaurants Ltd's latest turnover from December 2023 is £45 million and the company has net assets of £2.9 million. According to their latest financial statements, Blades Restaurants Ltd has 1,246 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
45,044,127
43,138,916
37,767,289
23,305,170
32,159,987
26,556,162
21,453,150
16,446,662
14,596,451
12,541,939
12,073,722
11,524,508
10,838,266
10,113,908
Other Income Or Grants
Cost Of Sales
16,016,767
15,310,172
11,562,384
7,328,547
10,439,049
8,614,929
6,750,889
5,092,772
4,658,231
4,673,186
6,355,334
6,564,832
6,021,065
5,569,959
Gross Profit
29,027,360
27,828,744
26,204,905
15,976,623
21,720,938
17,941,233
14,702,261
11,353,890
9,938,220
7,868,753
5,718,388
4,959,676
4,817,201
4,543,949
4,324,401
Admin Expenses
28,430,835
28,006,875
23,321,851
15,610,499
20,965,258
17,287,594
14,304,293
11,342,299
9,542,523
7,515,192
5,140,062
4,761,717
4,507,346
4,416,509
4,140,453
Operating Profit
596,525
-178,131
2,883,054
366,124
755,680
653,639
397,968
11,591
395,697
353,561
578,326
197,959
309,855
127,440
183,948
Interest Payable
63,025
65,533
63,741
73,855
104,748
89,696
57,962
31,434
14,262
9,882
31,823
45,460
53,666
49,744
34,388
Interest Receivable
44
77
537
802
481
157
858
234
439
878
543
Pre-Tax Profit
533,544
-243,664
2,819,390
292,806
651,734
564,424
340,163
-18,985
381,669
344,118
547,381
153,042
256,189
77,696
149,560
Tax
-139,096
-64,610
-524,416
-80,443
-149,633
-126,233
-63,586
-8,798
-78,542
-70,658
-132,687
-29,325
-55,030
-18,226
-32,836
Profit After Tax
394,448
-308,274
2,294,974
212,363
502,101
438,191
276,577
-27,783
303,127
273,460
414,694
123,717
201,159
59,470
116,724
Dividends Paid
200,000
200,000
140,000
200,000
210,000
250,000
140,000
140,000
125,000
125,000
131,250
125,000
150,000
100,000
125,000
Retained Profit
194,448
-508,274
2,154,974
12,363
292,101
188,191
136,577
-167,783
178,127
148,460
283,444
-1,283
51,159
-40,530
-8,276
Employee Costs
12,561,291
12,101,765
10,237,060
8,804,782
9,705,972
8,125,796
6,612,207
5,130,073
4,408,304
3,687,342
3,389,026
3,352,875
3,049,774
2,824,808
2,584,925
Number Of Employees
1,246
1,185
1,117
1,273
1,227
1,109
948
807
704
375
375
374
354
376
347
EBITDA*
1,541,512
978,213
3,953,130
1,358,227
1,746,944
1,481,171
1,060,747
433,729
722,892
617,221
832,091
428,868
532,585
314,063
332,591
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
2,096,351
2,820,268
3,809,180
3,700,606
3,578,476
4,334,185
3,776,944
3,300,938
1,465,503
874,233
957,681
700,158
854,161
1,007,752
974,011
Intangible Assets
789,501
835,025
908,986
949,139
978,021
1,033,558
261,799
278,766
246,804
240,660
263,641
304,108
328,318
352,528
376,737
Investments & Other
12,500
13,750
12,500
11,250
11,250
11,250
8,750
7,500
7,500
6,250
6,250
6,250
6,250
6,250
6,250
Debtors (Due After 1 year)
Total Fixed Assets
2,898,352
3,669,043
4,730,666
4,660,995
4,567,747
5,378,993
4,047,493
3,587,204
1,719,807
1,121,143
1,227,572
1,010,516
1,188,729
1,366,530
1,356,998
Stock & work in progress
221,737
252,504
179,306
160,159
151,129
162,761
88,150
82,111
64,751
57,698
55,105
60,776
62,989
45,149
60,216
Trade Debtors
14,138
1,670
1,254
474
741
Group Debtors
Misc Debtors
197,510
182,963
119,312
32,138
185,549
164,470
146,154
131,497
107,187
106,542
103,335
108,390
104,434
109,045
104,199
Cash
3,699,407
4,884,019
4,885,362
2,948,518
3,265,276
2,898,806
2,281,864
1,621,932
1,354,375
1,023,424
1,146,475
1,139,350
1,173,378
1,209,987
824,845
misc current assets
total current assets
4,118,654
5,319,486
5,183,980
3,140,815
3,616,092
3,227,707
2,516,168
1,835,540
1,526,313
1,188,918
1,304,915
1,308,516
1,341,275
1,364,181
990,001
total assets
7,017,006
8,988,529
9,914,646
7,801,810
8,183,839
8,606,700
6,563,661
5,422,744
3,246,120
2,310,061
2,532,487
2,319,032
2,530,004
2,730,711
2,346,999
Bank overdraft
231,376
159,215
Bank loan
391,861
1,298,406
1,284,742
1,276,998
1,056,062
1,033,533
614,188
605,031
284,501
239,700
235,280
228,739
Trade Creditors
1,213,997
1,270,421
1,226,304
1,039,972
1,027,922
938,210
792,641
608,184
569,248
467,293
467,948
400,232
385,019
463,501
170,660
Group/Directors Accounts
44,542
34,607
54,754
44,583
79,613
32,859
14,048
20,636
38,743
20,455
28,110
7,924
12,498
52,308
other short term finances
312,447
hp & lease commitments
other current liabilities
1,985,945
2,531,406
1,648,682
731,887
1,634,611
1,408,767
987,448
696,665
771,336
682,487
820,021
710,759
705,812
646,414
609,593
total current liabilities
3,636,345
5,134,840
4,214,482
3,093,440
3,798,208
3,413,369
2,408,325
1,930,516
1,691,774
1,434,281
1,548,124
1,374,381
1,327,494
1,353,789
991,776
loans
218,048
621,644
1,921,235
3,202,242
2,972,309
4,033,565
3,199,894
2,733,149
636,282
208,632
473,402
715,313
949,672
1,165,119
1,115,785
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
238,718
342,598
381,208
263,381
182,938
221,483
205,350
145,564
136,766
63,977
56,250
58,071
80,288
90,412
77,517
total long term liabilities
456,766
964,242
2,302,443
3,465,623
3,155,247
4,255,048
3,405,244
2,878,713
773,048
272,609
529,652
773,384
1,029,960
1,255,531
1,193,302
total liabilities
4,093,111
6,099,082
6,516,925
6,559,063
6,953,455
7,668,417
5,813,569
4,809,229
2,464,822
1,706,890
2,077,776
2,147,765
2,357,454
2,609,320
2,185,078
net assets
2,923,895
2,889,447
3,397,721
1,242,747
1,230,384
938,283
750,092
613,515
781,298
603,171
454,711
171,267
172,550
121,391
161,921
total shareholders funds
2,923,895
2,889,447
3,397,721
1,242,747
1,230,384
938,283
750,092
613,515
781,298
603,171
454,711
171,267
172,550
121,391
161,921
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
596,525
-178,131
2,883,054
366,124
755,680
653,639
397,968
11,591
395,697
353,561
578,326
197,959
309,855
127,440
183,948
Depreciation
878,033
1,082,383
997,467
921,788
921,238
782,322
633,402
396,155
303,339
240,679
230,784
206,699
198,520
162,413
131,533
Amortisation
66,954
73,961
72,609
70,315
70,026
45,210
29,377
25,983
23,856
22,981
22,981
24,210
24,210
24,210
17,110
Tax
-139,096
-64,610
-524,416
-80,443
-149,633
-126,233
-63,586
-8,798
-78,542
-70,658
-132,687
-29,325
-55,030
-18,226
-32,836
Stock
-30,767
73,198
19,147
9,030
-11,632
74,611
6,039
17,360
7,053
2,593
-5,671
-2,213
17,840
-15,067
60,216
Debtors
14,547
63,651
87,174
-167,549
33,547
19,986
14,657
24,310
-609
4,461
-5,055
3,482
-4,137
4,105
104,940
Creditors
-56,424
44,117
186,332
12,050
89,712
145,569
184,457
38,936
101,955
-655
67,716
15,213
-78,482
292,841
170,660
Accruals and Deferred Income
-545,461
882,724
916,795
-902,724
225,844
421,319
290,783
-74,671
88,849
-137,534
109,262
4,947
59,398
36,821
609,593
Deferred Taxes & Provisions
-103,880
-38,610
117,827
80,443
-38,545
16,133
59,786
8,798
72,789
7,727
-1,821
-22,217
-10,124
12,895
77,517
Cash flow from operations
712,871
1,664,985
4,543,347
626,072
1,852,407
1,843,362
1,511,491
356,324
901,499
409,047
885,287
396,217
434,644
649,356
992,369
Investing Activities
capital expenditure
-2,500
6,362
-677,400
-53,544
-44,927
-196,154
-427,594
Change in Investments
-1,250
1,250
1,250
2,500
1,250
1,250
6,250
cash flow from investments
1,250
-1,250
-1,250
-5,000
5,112
-1,250
-677,400
-53,544
-44,927
-196,154
-433,844
Financing Activities
Bank loans
-906,545
13,664
7,744
220,936
22,529
419,345
9,157
605,031
-284,501
44,801
4,420
6,541
228,739
Group/Directors Accounts
9,935
-20,147
10,171
-35,030
46,754
18,811
-6,588
-18,107
38,743
-20,455
-7,655
20,186
-4,574
-39,810
52,308
Other Short Term Loans
-312,447
312,447
Long term loans
-403,596
-1,299,591
-1,281,007
229,933
-1,061,256
833,671
466,745
2,096,867
427,650
-264,770
-241,911
-234,359
-215,447
49,334
1,115,785
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-160,000
170,197
interest
-62,981
-65,533
-63,664
-73,318
-103,946
-89,215
-57,805
-30,576
-14,028
-9,443
-30,945
-44,917
-53,666
-49,744
-34,388
cash flow from financing
-1,523,187
-1,371,607
-1,326,756
342,521
-1,095,919
1,182,612
411,509
2,340,768
480,311
-249,867
-276,091
-252,549
-44,948
-40,220
1,303,902
cash and cash equivalents
cash
-1,184,612
-1,343
1,936,844
-316,758
366,470
616,942
659,932
267,557
330,951
-123,051
7,125
-34,028
-36,609
385,142
824,845
overdraft
-231,376
72,161
159,215
change in cash
-1,184,612
-1,343
1,936,844
-316,758
366,470
616,942
659,932
267,557
330,951
-123,051
7,125
-34,028
194,767
312,981
665,630
blades restaurants ltd 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 blades restaurants ltd. Get real-time insights into blades restaurants ltd's credit score, group structure and payment trends.
Perform a competitor analysis for blades restaurants ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in NG7 area or any other competitors across 12 key performance metrics.
blades restaurants ltd Ownership
BLADES RESTAURANTS LTD group structure
Blades Restaurants Ltd has no subsidiary companies.
Ultimate parent company
BLADES RESTAURANTS LTD
04201937
BLADES RESTAURANTS LTD Shareholders
The sole shareholder of Blades Restaurants Ltd is Jerry Nicholls.
jerry nicholls
100%
blades restaurants ltd directors
Blades Restaurants Ltd currently has 1 director, Mr Jeremy Nicholls serving since Apr 2001.
units 7 & 8 chettles trade park, midland way, nottingham, NG7 3AG
Bank
-
Legal Advisor
-
blades restaurants 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 blades restaurants ltd.
blades restaurants ltd 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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blades restaurants ltdCompanies House Filings - See Documents
