banquets holdings limited

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banquets holdings limited Company Information

Share BANQUETS HOLDINGS LIMITED

Company Number

05310930

Shareholders

banquets new holdings limited

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

35 ballards lane, london, N3 1XW

Website

-

banquets holdings limited Estimated Valuation

£201.3k

Pomanda estimates the enterprise value of BANQUETS HOLDINGS LIMITED at £201.3k based on a Turnover of £401.7k and 0.5x industry multiple (adjusted for size and gross margin).

banquets holdings limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of BANQUETS HOLDINGS LIMITED at £1.4m based on an EBITDA of £349k and a 3.96x industry multiple (adjusted for size and gross margin).

banquets holdings limited Estimated Valuation

£23.1m

Pomanda estimates the enterprise value of BANQUETS HOLDINGS LIMITED at £23.1m based on Net Assets of £11m and 2.11x industry multiple (adjusted for liquidity).

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Banquets Holdings Limited Overview

Banquets Holdings Limited is a live company located in london, N3 1XW with a Companies House number of 05310930. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2004, it's largest shareholder is banquets new holdings limited with a 100% stake. Banquets Holdings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £401.7k with high growth in recent years.

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Banquets Holdings Limited Health Check

Pomanda's financial health check has awarded Banquets Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £401.7k, make it smaller than the average company (£21.2m)

£401.7k - Banquets Holdings Limited

£21.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (9.8%)

24% - Banquets Holdings Limited

9.8% - Industry AVG

production

Production

with a gross margin of 33.4%, this company has a comparable cost of product (33.4%)

33.4% - Banquets Holdings Limited

33.4% - Industry AVG

profitability

Profitability

an operating margin of 86.2% make it more profitable than the average company (5.9%)

86.2% - Banquets Holdings Limited

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (116)

2 - Banquets Holdings Limited

116 - Industry AVG

paystructure

Pay Structure

on an average salary of £50k, the company has an equivalent pay structure (£50k)

£50k - Banquets Holdings Limited

£50k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £200.9k, this is equally as efficient (£200.9k)

£200.9k - Banquets Holdings Limited

£200.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Banquets Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Banquets Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Banquets Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 272 weeks, this is more cash available to meet short term requirements (16 weeks)

272 weeks - Banquets Holdings Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.8%, this is a lower level of debt than the average (54.6%)

6.8% - Banquets Holdings Limited

54.6% - Industry AVG

BANQUETS HOLDINGS LIMITED financials

EXPORTms excel logo

Banquets Holdings Limited's latest turnover from July 2024 is estimated at £401.7 thousand and the company has net assets of £11 million. According to their latest financial statements, Banquets Holdings Limited has 2 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover401,719395,089177,968212,530214,965336,356329,041317,825225,8379,962,6157,157,8394,410,8562,875,4631,138,6854,228,265
Other Income Or Grants
Cost Of Sales267,434264,306119,512145,664145,146227,854223,088215,728152,9486,865,4145,009,2633,087,8842,006,578793,0922,927,891
Gross Profit134,285130,78358,45666,86669,819108,502105,953102,09772,8893,097,2012,148,5761,322,972868,885345,5931,300,374
Admin Expenses-211,905-911,220117,105-148,528343,246-364,164774,5306,630,962-2,675,6312,273,6711,250,320673,319380,623-721,435584,750-7,718,510
Operating Profit346,1901,042,003-58,649215,394-273,427472,666-668,577-6,528,8652,748,520823,530898,256649,653488,2621,067,028715,6247,718,510
Interest Payable
Interest Receivable116,721120,32428,3081,7381,94815,9376,396688
Pre-Tax Profit462,9111,162,327-30,341217,132-271,479488,604-662,181-6,528,1772,748,520823,530898,256649,653488,2621,067,028715,6247,718,510
Tax-115,728-290,582-41,255-92,835-549,704-164,706-188,634-149,420-117,183-277,427-200,375-2,161,183
Profit After Tax347,183871,745-30,341175,877-271,479395,769-662,181-6,528,1772,198,816658,824709,622500,233371,079789,601515,2495,557,327
Dividends Paid
Retained Profit347,183871,745-30,341175,877-271,479395,769-662,181-6,528,1772,198,816658,824709,622500,233371,079789,601515,2495,557,327
Employee Costs100,03294,66188,29382,42083,34182,47480,02477,361109,1342,308,8451,663,8911,036,171681,537301,8521,025,762
Number Of Employees22222222365483020931
EBITDA*348,9791,046,651-52,839215,394-273,427472,666-668,577-6,528,8652,748,520823,530898,256649,653488,2621,067,028715,6247,718,510

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets18,59223,24013,277,94113,277,94113,277,94113,277,94113,254,43413,208,045
Intangible Assets
Investments & Other9,250,1159,086,1098,171,2787,871,9557,487,21510,152,48212,788,79312,702,99817,524,13113,277,942111111
Debtors (Due After 1 year)59,9426,7298,41210,09511,77813,46118,51120,19421,877
Total Fixed Assets9,310,0579,111,4308,202,9307,882,0507,498,99310,165,94312,788,79312,702,99817,542,64213,298,13613,299,81913,277,94213,277,94213,277,94213,254,43513,208,046
Stock & work in progress
Trade Debtors56714,85312,5001,6822,196,0811,572,891911,082502,458114,029300,000
Group Debtors2,0002,0002,0002,0002,0002,0002,0002,000
Misc Debtors129,90810,09017,793547,058607,16733,0921,315,9582,782,953
Cash2,341,0212,105,4852,707,4651,821,7841,653,9982,242,1792,007,792550,788
misc current assets554,5962,663,2732,566,6802,535,8882,546,6582,524,5722,376,4142,286,314
total current assets2,472,9292,117,5752,727,8252,385,6952,275,6652,277,2712,009,7921,868,7463,339,2314,859,3544,139,5713,446,9703,049,1162,638,6012,376,4142,586,314
total assets11,782,98611,229,00510,930,75510,267,7459,774,65812,443,21414,798,58514,571,74420,881,87318,157,49017,439,39016,724,91216,327,05815,916,54315,630,84915,794,360
Bank overdraft
Bank loan
Trade Creditors 304,638245,362240,506342,885303,449807,3561,486,296
Group/Directors Accounts61,566
other short term finances
hp & lease commitments
other current liabilities446,991385,447220,317174,861184,270345,813558,022641,419414,709
total current liabilities446,991385,447281,883174,861184,270345,813558,022641,419414,709304,638245,362240,506342,885303,449807,3561,486,296
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions355,361327,327302,229258,900200,934479,043791,811794,647766,999
total long term liabilities355,361327,327302,229258,900200,934479,043791,811794,647766,999
total liabilities802,352712,774584,112433,761385,204824,8561,349,8331,436,0661,181,708304,638245,362240,506342,885303,449807,3561,486,296
net assets10,980,63410,516,23110,346,6439,833,9849,389,45411,618,35813,448,75213,135,67819,700,16517,852,85217,194,02816,484,40615,984,17315,613,09414,823,49314,308,064
total shareholders funds10,980,63410,516,23110,346,6439,833,9849,389,45411,618,35813,448,75213,135,67819,700,16517,852,85217,194,02816,484,40615,984,17315,613,09414,823,49314,308,064
Jul 2024Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit346,1901,042,003-58,649215,394-273,427472,666-668,577-6,528,8652,748,520823,530898,256649,653488,2621,067,028715,6247,718,510
Depreciation2,7894,6485,810
Amortisation
Tax-115,728-290,582-41,255-92,835-549,704-164,706-188,634-149,420-117,183-277,427-200,375-2,161,183
Stock
Debtors173,031-9,953-545,234-59,439584,89246,553-1,315,958-1,485,188586,871621,507683,686408,624388,429114,029-300,000300,000
Creditors-304,63859,2764,856-102,37939,436-503,907-678,9401,486,296
Accruals and Deferred Income61,544165,13045,456-9,409-161,543-212,209-83,397226,710414,709
Deferred Taxes & Provisions28,03425,09843,32957,966-278,109-312,768-2,83627,648766,999
Cash flow from operations149,798956,250581,180282,135-1,297,971-191,699561,148-4,789,3192,489,01596,59330,792-10,77022,086171,665136,3096,743,623
Investing Activities
capital expenditure15,803-29,05013,277,941-23,507-46,389-13,208,045
Change in Investments164,006914,831299,323384,740-2,665,267-2,636,31185,795-4,821,1334,246,18913,277,9411
cash flow from investments-148,203-914,831-328,373-384,7402,665,2672,636,311-85,7954,821,133-4,246,189-23,507-46,389-13,208,046
Financing Activities
Bank loans
Group/Directors Accounts-61,56661,566
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue117,220-702,157543,000268,653-1,957,425-2,226,163975,255-36,310-351,5031808,750,737
interest116,721120,32428,3081,7381,94815,9376,396688
cash flow from financing233,941-643,399632,874270,391-1,955,477-2,210,226981,651-35,622-351,5031808,750,737
cash and cash equivalents
cash235,536-601,980885,681167,786-588,181234,3871,457,004550,788
overdraft
change in cash235,536-601,980885,681167,786-588,181234,3871,457,004550,788

banquets holdings limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Banquets Holdings Limited Competitor Analysis

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Perform a competitor analysis for banquets holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

banquets holdings limited Ownership

BANQUETS HOLDINGS LIMITED group structure

Banquets Holdings Limited has 1 subsidiary company.

Ultimate parent company

1 parent

BANQUETS HOLDINGS LIMITED

05310930

1 subsidiary

BANQUETS HOLDINGS LIMITED Shareholders

banquets new holdings limited 100%

banquets holdings limited directors

Banquets Holdings Limited currently has 5 directors. The longest serving directors include Mr Andrew Silver (May 2005) and Ms Judith Silver (Jun 2017).

officercountryagestartendrole
Mr Andrew Silver74 years May 2005- Director
Ms Judith SilverUnited Kingdom75 years Jun 2017- Director
Ms Sophie SilverUnited Kingdom46 years Dec 2024- Director
Mrs Jessica BynothUnited Kingdom41 years Dec 2024- Director
Mr Daniel SilverEngland44 years Dec 2024- Director

P&L

July 2024

turnover

401.7k

+2%

operating profit

346.2k

0%

gross margin

33.5%

+0.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

11m

+0.04%

total assets

11.8m

+0.05%

cash

2.3m

+0.11%

net assets

Total assets minus all liabilities

banquets holdings limited company details

company number

05310930

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

December 2004

age

21

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

July 2024

previous names

mc344 limited (June 2005)

accountant

-

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

banquets holdings limited 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 banquets holdings limited.

banquets holdings 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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banquets holdings limited Companies House Filings - See Documents

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