pesto restaurants ltd
pesto restaurants ltd Company Information
Company Number
05162378
Next Accounts
Mar 2025
Industry
Licensed restaurants
Shareholders
mitchells & butlers retail (no 2) ltd
Group Structure
View All
Contact
Registered Address
27 fleet street, birmingham, west midlands, B3 1JP
Website
www.pestorestaurant.co.ukpesto restaurants ltd Estimated Valuation
Pomanda estimates the enterprise value of PESTO RESTAURANTS LTD at £19.4m based on a Turnover of £17.6m and 1.1x industry multiple (adjusted for size and gross margin).
pesto restaurants ltd Estimated Valuation
Pomanda estimates the enterprise value of PESTO RESTAURANTS LTD at £6.4m based on an EBITDA of £912.4k and a 6.96x industry multiple (adjusted for size and gross margin).
pesto restaurants ltd Estimated Valuation
Pomanda estimates the enterprise value of PESTO RESTAURANTS LTD at £3.9m based on Net Assets of £1.5m and 2.64x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pesto Restaurants Ltd Overview
Pesto Restaurants Ltd is a live company located in west midlands, B3 1JP with a Companies House number of 05162378. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2004, it's largest shareholder is mitchells & butlers retail (no 2) ltd with a 100% stake. Pesto Restaurants Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £17.6m with high growth in recent years.
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Pesto Restaurants Ltd Health Check
Pomanda's financial health check has awarded Pesto Restaurants Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £17.6m, make it larger than the average company (£2.4m)
£17.6m - Pesto Restaurants Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.1%)
24% - Pesto Restaurants Ltd
5.1% - Industry AVG
Production
with a gross margin of 73.5%, this company has a lower cost of product (56.6%)
73.5% - Pesto Restaurants Ltd
56.6% - Industry AVG
Profitability
an operating margin of 2.8% make it as profitable than the average company (3.1%)
2.8% - Pesto Restaurants Ltd
3.1% - Industry AVG
Employees
with 508 employees, this is above the industry average (47)
508 - Pesto Restaurants Ltd
47 - Industry AVG
Pay Structure
on an average salary of £14.8k, the company has a lower pay structure (£19.9k)
£14.8k - Pesto Restaurants Ltd
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £34.7k, this is less efficient (£53.4k)
£34.7k - Pesto Restaurants Ltd
£53.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
0 days - Pesto Restaurants Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (48 days)
81 days - Pesto Restaurants Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is in line with average (12 days)
14 days - Pesto Restaurants Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (15 weeks)
21 weeks - Pesto Restaurants Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.5%, this is a similar level of debt than the average (80.4%)
74.5% - Pesto Restaurants Ltd
80.4% - Industry AVG
PESTO RESTAURANTS LTD financials
Pesto Restaurants Ltd's latest turnover from June 2023 is £17.6 million and the company has net assets of £1.5 million. According to their latest financial statements, Pesto Restaurants Ltd has 508 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,605,259 | 17,041,936 | 9,411,450 | 9,283,237 | 13,356,920 | 11,441,084 | 10,186,648 | 9,468,348 | 7,854,995 | 9,071,795 | 8,532,756 | 5,966,016 | 4,637,386 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 4,666,379 | 4,304,770 | 2,224,395 | 2,442,989 | 3,598,389 | 3,066,127 | 2,674,980 | 2,527,447 | 2,056,563 | 2,431,024 | 2,239,174 | 1,593,036 | 1,180,943 | |
| Gross Profit | 12,938,880 | 12,737,166 | 7,187,055 | 6,840,248 | 9,758,531 | 8,374,957 | 7,511,668 | 6,940,901 | 5,798,432 | 6,640,771 | 6,293,582 | 4,372,980 | 3,456,443 | |
| Admin Expenses | 12,450,495 | 10,462,121 | 6,168,802 | 7,823,287 | 9,355,978 | 8,257,996 | 7,275,618 | 6,559,399 | 5,785,507 | 6,565,723 | 6,602,378 | 4,408,277 | 3,274,763 | |
| Operating Profit | 488,385 | 2,275,045 | 1,018,253 | -983,039 | 402,553 | 116,961 | 236,050 | 381,502 | 12,925 | 75,048 | -308,796 | -35,297 | 181,680 | |
| Interest Payable | 103,083 | 53,755 | 10,607 | 149,889 | 200,595 | 164,844 | 174,179 | 185,199 | 224,127 | 47,318 | 64,117 | 82,037 | 57,934 | |
| Interest Receivable | 0 | 11 | 0 | 0 | 0 | 16 | 359 | 848 | 482 | 269 | 0 | 0 | 0 | |
| Pre-Tax Profit | 385,302 | 2,221,301 | 1,000,918 | -1,132,928 | 201,958 | -47,867 | 62,230 | 197,151 | -210,720 | 27,999 | -372,913 | -117,334 | 123,746 | |
| Tax | -132,819 | -442,883 | -176,240 | 0 | 0 | 0 | -71 | 0 | 20,000 | 50,000 | 0 | 10,000 | -35,000 | |
| Profit After Tax | 252,483 | 1,778,418 | 824,678 | -1,132,928 | 201,958 | -47,867 | 62,159 | 197,151 | -190,720 | 77,999 | -372,913 | -107,334 | 88,746 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 252,483 | 1,778,418 | 824,678 | -1,132,928 | 201,958 | -47,867 | 62,159 | 197,151 | -190,720 | 77,999 | -372,913 | -107,334 | 88,746 | |
| Employee Costs | 7,539,456 | 6,917,566 | 5,236,722 | 5,106,719 | 5,622,903 | 4,877,009 | 4,278,473 | 3,873,161 | 3,214,972 | 3,720,731 | 3,221,069 | 2,239,743 | 1,597,929 | |
| Number Of Employees | 508 | 468 | 385 | 395 | 397 | 374 | 331 | 307 | 288 | 363 | 325 | 226 | 153 | |
| EBITDA* | 912,428 | 2,663,615 | 1,398,812 | -95,867 | 850,272 | 494,194 | 540,685 | 672,010 | 254,383 | 369,479 | -29,414 | 216,638 | 403,865 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,751,786 | 1,908,220 | 2,050,410 | 2,237,294 | 2,935,543 | 2,890,898 | 2,513,237 | 1,603,338 | 1,520,442 | 1,968,995 | 2,666,526 | 2,973,905 | 2,595,024 | 2,449,484 |
| Intangible Assets | 0 | 0 | 0 | 0 | 35,000 | 50,000 | 65,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 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 | 145,406 | 145,406 | 145,406 |
| Total Fixed Assets | 3,751,786 | 1,908,220 | 2,050,410 | 2,237,294 | 2,970,543 | 2,940,898 | 2,578,237 | 1,603,338 | 1,520,442 | 1,968,995 | 2,666,526 | 3,119,311 | 2,740,430 | 2,594,890 |
| Stock & work in progress | 185,893 | 167,420 | 150,683 | 132,575 | 127,140 | 123,347 | 112,351 | 93,847 | 75,869 | 98,861 | 109,478 | 88,744 | 54,989 | 62,246 |
| Trade Debtors | 14,297 | 8,060 | 600 | 4,560 | 539 | 5,672 | 5,630 | 1,565 | 293 | 3,856 | 92,184 | 6,025 | 2,429 | 294,285 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 658,345 | 652,954 | 491,002 | 248,532 | 732,026 | 705,890 | 707,444 | 548,759 | 561,654 | 613,411 | 595,876 | 338,736 | 384,154 | 0 |
| Cash | 1,194,091 | 2,348,424 | 2,575,055 | 1,294,872 | 690,296 | 238,221 | 413,548 | 1,081,341 | 1,117,691 | 794,081 | 622,718 | 190,867 | 203,118 | 216,402 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,052,626 | 3,176,858 | 3,217,340 | 1,680,539 | 1,550,001 | 1,073,130 | 1,238,973 | 1,725,512 | 1,755,507 | 1,510,209 | 1,420,256 | 624,372 | 644,690 | 572,933 |
| total assets | 5,804,412 | 5,085,078 | 5,267,750 | 3,917,833 | 4,520,544 | 4,014,028 | 3,817,210 | 3,328,850 | 3,275,949 | 3,479,204 | 4,086,782 | 3,743,683 | 3,385,120 | 3,167,823 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 187,500 | 187,500 | 0 | 0 | 0 | 307,142 | 253,571 | 0 |
| Bank loan | 311,911 | 300,000 | 300,000 | 87,500 | 187,500 | 0 | 0 | 0 | 187,500 | 46,875 | 307,142 | 0 | 0 | 0 |
| Trade Creditors | 1,040,096 | 804,781 | 667,477 | 596,646 | 748,706 | 780,923 | 818,666 | 561,018 | 572,784 | 546,058 | 636,558 | 310,917 | 327,193 | 804,737 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 3,321 | 13,284 | 13,284 | 0 | 0 | 0 | 7,167 | 0 | 6,581 | 6,581 | 6,581 | 0 |
| other current liabilities | 1,530,143 | 1,824,089 | 2,637,137 | 591,402 | 1,070,841 | 1,163,955 | 1,140,902 | 784,849 | 715,499 | 702,219 | 748,499 | 401,291 | 192,440 | 0 |
| total current liabilities | 2,882,150 | 2,928,870 | 3,607,935 | 1,288,832 | 2,020,331 | 1,944,878 | 2,147,068 | 1,533,367 | 1,482,950 | 1,295,152 | 1,698,780 | 1,025,931 | 779,785 | 804,737 |
| loans | 1,384,824 | 875,000 | 2,134,057 | 4,000,557 | 2,725,557 | 2,513,057 | 2,066,182 | 2,253,682 | 2,441,182 | 2,628,682 | 2,860,083 | 2,810,536 | 2,574,204 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 3,321 | 16,605 | 0 | 0 | 0 | 7,167 | 0 | 548 | 7,130 | 13,711 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,469,412 |
| provisions | 56,736 | 52,989 | 75,957 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 70,000 | 70,000 | 80,000 | 45,000 |
| total long term liabilities | 1,441,560 | 927,989 | 2,210,014 | 4,003,878 | 2,742,162 | 2,513,057 | 2,066,182 | 2,253,682 | 2,448,349 | 2,648,682 | 2,930,631 | 2,887,666 | 2,667,915 | 2,514,412 |
| total liabilities | 4,323,710 | 3,856,859 | 5,817,949 | 5,292,710 | 4,762,493 | 4,457,935 | 4,213,250 | 3,787,049 | 3,931,299 | 3,943,834 | 4,629,411 | 3,913,597 | 3,447,700 | 3,319,149 |
| net assets | 1,480,702 | 1,228,219 | -550,199 | -1,374,877 | -241,949 | -443,907 | -396,040 | -458,199 | -655,350 | -464,630 | -542,629 | -169,914 | -62,580 | -151,326 |
| total shareholders funds | 1,480,702 | 1,228,219 | -550,199 | -1,374,877 | -241,949 | -443,907 | -396,040 | -458,199 | -655,350 | -464,630 | -542,629 | -169,914 | -62,580 | -151,326 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 488,385 | 2,275,045 | 1,018,253 | -983,039 | 402,553 | 116,961 | 236,050 | 381,502 | 12,925 | 75,048 | -308,796 | -35,297 | 181,680 | |
| Depreciation | 424,043 | 388,570 | 380,559 | 852,172 | 432,719 | 362,233 | 294,635 | 290,508 | 241,458 | 294,431 | 279,382 | 251,935 | 222,185 | 210,904 |
| Amortisation | 0 | 0 | 0 | 35,000 | 15,000 | 15,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -132,819 | -442,883 | -176,240 | 0 | 0 | 0 | -71 | 0 | 20,000 | 50,000 | 0 | 10,000 | -35,000 | |
| Stock | 18,473 | 16,737 | 18,108 | 5,435 | 3,793 | 10,996 | 18,504 | 17,978 | -22,992 | -10,617 | 20,734 | 33,755 | -7,257 | 62,246 |
| Debtors | 11,628 | 169,412 | 238,510 | -479,473 | 21,003 | -1,512 | 162,750 | -11,623 | -55,320 | -70,793 | 197,893 | -41,822 | 92,298 | 439,691 |
| Creditors | 235,315 | 137,304 | 70,831 | -152,060 | -32,217 | -37,743 | 257,648 | -11,766 | 26,726 | -90,500 | 325,641 | -16,276 | -477,544 | 804,737 |
| Accruals and Deferred Income | -293,946 | -813,048 | 2,045,735 | -479,439 | -93,114 | 23,053 | 356,053 | 69,350 | 13,280 | -46,280 | 347,208 | 208,851 | 192,440 | 0 |
| Deferred Taxes & Provisions | 3,747 | -22,968 | 75,957 | 0 | 0 | 0 | 0 | 0 | -20,000 | -50,000 | 0 | -10,000 | 35,000 | 45,000 |
| Cash flow from operations | 694,624 | 1,335,871 | 3,158,477 | -253,328 | 700,145 | 470,020 | 973,061 | 723,239 | 372,701 | 314,109 | 424,808 | 417,280 | 33,720 | |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -599,271 | -929,754 | -975,018 | -402,549 | 41,510 | 603,659 | -280,872 | -630,816 | -368,525 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -599,271 | -929,754 | -975,018 | -402,549 | 41,510 | 603,659 | -280,872 | -630,816 | -368,525 | |
| Financing Activities | ||||||||||||||
| Bank loans | 11,911 | 0 | 212,500 | -100,000 | 187,500 | 0 | 0 | -187,500 | 140,625 | -260,267 | 307,142 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Long term loans | 509,824 | -1,259,057 | -1,866,500 | 1,275,000 | 212,500 | 446,875 | -187,500 | -187,500 | -187,500 | -231,401 | 49,547 | 236,332 | 2,574,204 | 0 |
| Hire Purchase and Lease Commitments | 0 | -3,321 | -13,284 | -13,284 | 29,889 | 0 | 0 | -14,334 | 14,334 | -7,129 | -6,582 | -6,581 | 20,292 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,469,412 | 2,469,412 |
| share issue | ||||||||||||||
| interest | -103,083 | -53,744 | -10,607 | -149,889 | -200,595 | -164,828 | -173,820 | -184,351 | -223,645 | -47,049 | -64,117 | -82,037 | -57,934 | |
| cash flow from financing | 418,652 | -1,316,122 | -1,677,891 | 1,011,827 | 229,294 | 282,047 | -361,320 | -573,685 | -256,186 | -545,846 | 286,188 | 147,714 | 67,150 | |
| cash and cash equivalents | ||||||||||||||
| cash | -1,154,333 | -226,631 | 1,280,183 | 604,576 | 452,075 | -175,327 | -667,793 | -36,350 | 323,610 | 171,363 | 431,851 | -12,251 | -13,284 | 216,402 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -187,500 | 0 | 187,500 | 0 | 0 | -307,142 | 53,571 | 253,571 | 0 |
| change in cash | -1,154,333 | -226,631 | 1,280,183 | 604,576 | 452,075 | 12,173 | -667,793 | -223,850 | 323,610 | 171,363 | 738,993 | -65,822 | -266,855 | 216,402 |
pesto restaurants ltd Credit Report and Business Information
Pesto Restaurants Ltd Competitor Analysis
Perform a competitor analysis for pesto restaurants ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in B 3 area or any other competitors across 12 key performance metrics.
pesto restaurants ltd Ownership
PESTO RESTAURANTS LTD group structure
Pesto Restaurants Ltd has no subsidiary companies.
Ultimate parent company
2 parents
PESTO RESTAURANTS LTD
05162378
pesto restaurants ltd directors
Pesto Restaurants Ltd currently has 4 directors. The longest serving directors include Anna-Marie Mason (May 2024) and Mr Andrew Freeman (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Anna-Marie Mason | United Kingdom | 55 years | May 2024 | - | Director |
| Mr Andrew Freeman | United Kingdom | 44 years | May 2024 | - | Director |
| Chris Hopkins | United Kingdom | 59 years | May 2024 | - | Director |
| Ms Susan Martindale | England | 63 years | May 2024 | - | Director |
P&L
June 2023turnover
17.6m
+3%
operating profit
488.4k
-79%
gross margin
73.5%
-1.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.5m
+0.21%
total assets
5.8m
+0.14%
cash
1.2m
-0.49%
net assets
Total assets minus all liabilities
pesto restaurants ltd company details
company number
05162378
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
international restaurant group limited (February 2010)
accountant
-
auditor
DJH MITTEN CLARKE AUDIT LIMITED
address
27 fleet street, birmingham, west midlands, B3 1JP
Bank
-
Legal Advisor
-
pesto 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 found 13 charges/mortgages relating to pesto restaurants ltd. Currently there are 0 open charges and 13 have been satisfied in the past.
pesto 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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pesto restaurants ltd Companies House Filings - See Documents
| date | description | view/download |
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