admiral taverns limited
admiral taverns limited Company Information
Company Number
05438628
Next Accounts
Feb 2026
Shareholders
admiral taverns bidco ltd
Group Structure
View All
Industry
Public houses and bars
+1Registered Address
milton gate 60 chiswell street, london, EC1Y 4AG
Website
www.admiraltaverns.co.ukadmiral taverns limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL TAVERNS LIMITED at £68.1m based on a Turnover of £48m and 1.42x industry multiple (adjusted for size and gross margin).
admiral taverns limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL TAVERNS LIMITED at £75.2m based on an EBITDA of £7.9m and a 9.51x industry multiple (adjusted for size and gross margin).
admiral taverns limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL TAVERNS LIMITED at £369m based on Net Assets of £166.7m and 2.21x industry multiple (adjusted for liquidity).
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Admiral Taverns Limited Overview
Admiral Taverns Limited is a live company located in london, EC1Y 4AG with a Companies House number of 05438628. It operates in the public houses and bars sector, SIC Code 56302. Founded in April 2005, it's largest shareholder is admiral taverns bidco ltd with a 100% stake. Admiral Taverns Limited is a mature, large sized company, Pomanda has estimated its turnover at £48m with high growth in recent years.
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Admiral Taverns Limited Health Check
Pomanda's financial health check has awarded Admiral Taverns Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £48m, make it larger than the average company (£1.3m)
£48m - Admiral Taverns Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a similar rate (28.2%)
30% - Admiral Taverns Limited
28.2% - Industry AVG
Production
with a gross margin of 61.6%, this company has a comparable cost of product (57.1%)
61.6% - Admiral Taverns Limited
57.1% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (3.7%)
0.7% - Admiral Taverns Limited
3.7% - Industry AVG
Employees
with 884 employees, this is above the industry average (27)
- Admiral Taverns Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Admiral Taverns Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £54.3k, this is equally as efficient (£54.6k)
- Admiral Taverns Limited
£54.6k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is later than average (7 days)
9 days - Admiral Taverns Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (43 days)
3 days - Admiral Taverns Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (12 days)
2 days - Admiral Taverns Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Admiral Taverns Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.2%, this is a lower level of debt than the average (79.9%)
22.2% - Admiral Taverns Limited
79.9% - Industry AVG
ADMIRAL TAVERNS LIMITED financials
Admiral Taverns Limited's latest turnover from May 2024 is £48 million and the company has net assets of £166.7 million. According to their latest financial statements, we estimate that Admiral Taverns Limited has 884 employees and maintains cash reserves of £88 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2016 | May 2015 | May 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 48,028,000 | 46,105,000 | 46,003,000 | 22,054,000 | 42,096,000 | 53,042,000 | 51,647,000 | 53,698,000 | 54,241,000 | 54,241,000 | 56,378,000 | 67,828,000 | 74,480,000 | 31,663,000 | 9,991,000 | 11,611,000 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 18,451,000 | 17,931,000 | 18,323,000 | 8,770,000 | 16,621,000 | 22,136,000 | 21,973,000 | 22,285,000 | 22,386,000 | 22,386,000 | 23,514,000 | 33,990,000 | 37,393,000 | 15,984,000 | 4,828,000 | 5,379,000 |
| Gross Profit | 29,577,000 | 28,174,000 | 27,680,000 | 13,284,000 | 25,475,000 | 30,906,000 | 29,674,000 | 31,413,000 | 31,855,000 | 31,855,000 | 32,864,000 | 33,838,000 | 37,087,000 | 15,679,000 | 5,163,000 | 6,232,000 |
| Admin Expenses | 29,246,000 | 22,317,000 | 14,291,000 | 12,681,000 | 23,534,000 | 15,926,000 | 15,026,000 | 12,512,000 | 4,678,000 | 4,678,000 | 15,883,000 | 14,251,000 | 15,660,000 | 56,997,000 | 1,882,000 | -9,211,000 |
| Operating Profit | 331,000 | 5,857,000 | 13,389,000 | 603,000 | 1,941,000 | 14,980,000 | 14,648,000 | 18,901,000 | 27,177,000 | 27,177,000 | 16,981,000 | 19,587,000 | 21,427,000 | -41,318,000 | 3,281,000 | 15,443,000 |
| Interest Payable | 6,520,000 | 6,165,000 | 6,782,000 | 6,656,000 | 3,353,000 | 9,007,000 | 12,121,000 | 12,881,000 | 12,881,000 | 13,278,000 | 19,141,000 | 8,264,000 | 4,500,000 | 1,669,000 | 1,065,000 | |
| Interest Receivable | 246,000 | 94,000 | 61,000 | 20,000 | 61,000 | 70,000 | 51,000 | 12,000 | 1,000 | 1,000 | 7,000 | 1,000 | 13,000 | 1,000 | 3,000 | 1,000 |
| Pre-Tax Profit | 577,000 | -569,000 | 7,285,000 | -5,266,000 | -4,503,000 | 12,835,000 | 6,009,000 | 7,223,000 | 14,884,000 | 14,884,000 | 4,556,000 | -120,000 | 13,079,000 | -47,639,000 | 505,000 | 15,857,000 |
| Tax | -305,000 | -1,264,000 | -3,301,000 | 5,303,000 | 1,103,000 | -1,062,000 | -1,282,000 | -1,497,000 | -896,000 | -896,000 | -1,213,000 | 241,000 | 6,018,000 | 491,000 | 590,000 | 10,000 |
| Profit After Tax | 272,000 | -1,833,000 | 3,984,000 | 37,000 | -3,400,000 | 11,773,000 | 4,727,000 | 5,726,000 | 13,988,000 | 13,988,000 | 3,343,000 | 121,000 | 19,097,000 | -47,148,000 | 1,095,000 | 15,867,000 |
| Dividends Paid | ||||||||||||||||
| Retained Profit | 272,000 | -1,833,000 | 3,984,000 | 37,000 | -3,400,000 | 11,773,000 | 4,727,000 | 5,726,000 | 13,988,000 | 13,988,000 | 3,343,000 | 121,000 | 19,097,000 | -47,148,000 | 1,095,000 | 15,867,000 |
| Employee Costs | ||||||||||||||||
| Number Of Employees | ||||||||||||||||
| EBITDA* | 7,906,000 | 12,254,000 | 19,246,000 | 6,401,000 | 8,003,000 | 20,095,000 | 18,875,000 | 22,426,000 | 29,853,000 | 29,853,000 | 18,976,000 | 20,943,000 | 22,406,000 | -41,251,000 | 3,290,000 | 15,474,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2016 | May 2015 | May 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 203,522,000 | 187,291,000 | 201,002,000 | 198,990,000 | 198,675,000 | 210,579,000 | 211,874,000 | 201,382,000 | 196,919,000 | 196,919,000 | 193,628,000 | 195,371,000 | 201,472,000 | 210,117,000 | 31,444,000 | 37,542,000 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | 8,166,000 | 8,646,000 | 10,170,000 | 12,958,000 | 7,896,000 | 6,712,000 | 7,896,000 | 2,675,000 | 4,150,000 | 4,150,000 | 5,046,000 | 6,259,000 | ||||
| Total Fixed Assets | 211,688,000 | 195,937,000 | 211,172,000 | 211,948,000 | 206,571,000 | 217,291,000 | 219,770,000 | 204,057,000 | 201,069,000 | 201,069,000 | 198,674,000 | 201,630,000 | 201,472,000 | 210,117,000 | 31,444,000 | 37,542,000 |
| Stock & work in progress | 148,000 | 155,000 | 2,055,000 | 2,166,000 | 2,166,000 | 2,068,000 | 1,870,000 | 1,978,000 | 2,519,000 | 261,000 | 329,000 | |||||
| Trade Debtors | 1,241,000 | 1,287,000 | 1,309,000 | 1,051,000 | 472,000 | 2,779,000 | 2,574,000 | 2,252,000 | 1,545,000 | 1,545,000 | 2,013,000 | 2,384,000 | 2,418,000 | 2,289,000 | 492,000 | 592,000 |
| Group Debtors | 46,723,000 | 35,446,000 | 19,053,000 | 23,207,000 | 25,893,000 | 19,615,000 | 16,232,000 | 11,630,000 | 11,630,000 | 6,323,000 | 12,260,000 | 12,776,000 | 11,089,000 | 6,451,000 | 9,034,000 | |
| Misc Debtors | 974,000 | 804,000 | 601,000 | 437,000 | 315,000 | 617,000 | 1,138,000 | 243,000 | 221,000 | 221,000 | 449,000 | 181,000 | 6,331,000 | 95,000 | 51,000 | 30,000 |
| Cash | 88,000 | 45,000 | 1,412,000 | 4,407,000 | 4,407,000 | 1,995,000 | 3,083,000 | 6,344,000 | 1,000 | 98,000 | 60,000 | |||||
| misc current assets | ||||||||||||||||
| total current assets | 2,451,000 | 49,014,000 | 37,356,000 | 20,541,000 | 23,994,000 | 29,289,000 | 23,327,000 | 22,194,000 | 19,969,000 | 19,969,000 | 12,848,000 | 19,778,000 | 29,847,000 | 15,993,000 | 7,353,000 | 10,045,000 |
| total assets | 214,139,000 | 244,951,000 | 248,528,000 | 232,489,000 | 230,565,000 | 246,580,000 | 243,097,000 | 226,251,000 | 221,038,000 | 221,038,000 | 211,522,000 | 221,408,000 | 231,319,000 | 226,110,000 | 38,797,000 | 47,587,000 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 176,000 | 160,000 | 84,000 | 243,000 | 306,000 | 306,000 | 322,000 | 300,000 | 407,000 | 407,000 | 318,000 | 112,000 | ||||
| Group/Directors Accounts | 39,348,000 | 84,150,000 | 78,585,000 | 77,385,000 | 81,627,000 | 91,771,000 | 105,525,000 | 104,118,000 | 111,011,000 | 111,011,000 | 119,642,000 | 135,859,000 | 148,609,000 | 168,835,000 | 18,945,000 | 28,168,000 |
| other short term finances | ||||||||||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 6,726,000 | 7,000,000 | 13,382,000 | 7,973,000 | 7,401,000 | 8,414,000 | 8,807,000 | 8,858,000 | 8,115,000 | 8,115,000 | 8,815,000 | 8,541,000 | 8,994,000 | 9,407,000 | 1,795,000 | 1,755,000 |
| total current liabilities | 46,250,000 | 91,310,000 | 92,051,000 | 85,601,000 | 89,334,000 | 100,491,000 | 114,654,000 | 113,276,000 | 119,533,000 | 119,533,000 | 128,457,000 | 144,718,000 | 157,603,000 | 178,242,000 | 20,740,000 | 30,035,000 |
| loans | 109,407,000 | 109,407,000 | 109,407,000 | 109,407,000 | 109,407,000 | 32,448,000 | 32,448,000 | |||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 109,407,000 | |||||||||||||||
| provisions | 1,235,000 | 1,011,000 | 1,060,000 | 1,317,000 | 1,090,000 | 1,007,000 | 590,000 | |||||||||
| total long term liabilities | 1,235,000 | 1,011,000 | 1,060,000 | 1,317,000 | 1,090,000 | 1,007,000 | 109,407,000 | 109,407,000 | 109,407,000 | 109,407,000 | 109,407,000 | 109,407,000 | 32,448,000 | 33,038,000 | ||
| total liabilities | 47,485,000 | 92,321,000 | 93,111,000 | 86,918,000 | 90,424,000 | 101,498,000 | 114,654,000 | 113,276,000 | 228,940,000 | 228,940,000 | 237,864,000 | 254,125,000 | 267,010,000 | 287,649,000 | 53,188,000 | 63,073,000 |
| net assets | 166,654,000 | 152,630,000 | 155,417,000 | 145,571,000 | 140,141,000 | 145,082,000 | 128,443,000 | 112,975,000 | -7,902,000 | -7,902,000 | -26,342,000 | -32,717,000 | -35,691,000 | -61,539,000 | -14,391,000 | -15,486,000 |
| total shareholders funds | 166,654,000 | 152,630,000 | 155,417,000 | 145,571,000 | 140,141,000 | 145,082,000 | 128,443,000 | 112,975,000 | -7,902,000 | -7,902,000 | -26,342,000 | -32,717,000 | -35,691,000 | -61,539,000 | -14,391,000 | -15,486,000 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | May 2016 | May 2015 | May 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 331,000 | 5,857,000 | 13,389,000 | 603,000 | 1,941,000 | 14,980,000 | 14,648,000 | 18,901,000 | 27,177,000 | 27,177,000 | 16,981,000 | 19,587,000 | 21,427,000 | -41,318,000 | 3,281,000 | 15,443,000 |
| Depreciation | 7,575,000 | 6,397,000 | 5,857,000 | 5,798,000 | 6,062,000 | 5,115,000 | 4,227,000 | 3,525,000 | 2,676,000 | 2,676,000 | 1,995,000 | 1,356,000 | 979,000 | 67,000 | 9,000 | 31,000 |
| Amortisation | ||||||||||||||||
| Tax | -305,000 | -1,264,000 | -3,301,000 | 5,303,000 | 1,103,000 | -1,062,000 | -1,282,000 | -1,497,000 | -896,000 | -896,000 | -1,213,000 | 241,000 | 6,018,000 | 491,000 | 590,000 | 10,000 |
| Stock | -7,000 | 155,000 | -2,055,000 | -111,000 | 98,000 | 98,000 | 198,000 | -108,000 | -541,000 | 2,258,000 | -68,000 | 329,000 | ||||
| Debtors | -47,079,000 | 9,934,000 | 14,027,000 | 1,609,000 | -4,111,000 | 4,778,000 | 9,821,000 | 3,856,000 | 3,715,000 | 3,715,000 | -7,253,000 | -441,000 | 8,052,000 | 6,479,000 | -2,662,000 | 9,656,000 |
| Creditors | 16,000 | 76,000 | -159,000 | -63,000 | -16,000 | 22,000 | -107,000 | 407,000 | 407,000 | -318,000 | 318,000 | -112,000 | 112,000 | |||
| Accruals and Deferred Income | -274,000 | -6,382,000 | 5,409,000 | 572,000 | -1,013,000 | -393,000 | -51,000 | 743,000 | -700,000 | -700,000 | 274,000 | -453,000 | -413,000 | 7,612,000 | 40,000 | 1,755,000 |
| Deferred Taxes & Provisions | 224,000 | -49,000 | -257,000 | 227,000 | 83,000 | 1,007,000 | -590,000 | 590,000 | ||||||||
| Cash flow from operations | 54,653,000 | -5,454,000 | 6,911,000 | 10,831,000 | 12,287,000 | 14,853,000 | 9,798,000 | 17,820,000 | 24,851,000 | 24,851,000 | 24,774,000 | 21,598,000 | 20,500,000 | -41,885,000 | 5,948,000 | 7,956,000 |
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -44,802,000 | 5,565,000 | 1,200,000 | -4,242,000 | -10,144,000 | -13,754,000 | 1,407,000 | -6,893,000 | -8,631,000 | -8,631,000 | -16,217,000 | -12,750,000 | -20,226,000 | 149,890,000 | -9,223,000 | 28,168,000 |
| Other Short Term Loans | ||||||||||||||||
| Long term loans | -109,407,000 | 76,959,000 | 32,448,000 | |||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | -109,407,000 | 109,407,000 | ||||||||||||||
| share issue | ||||||||||||||||
| interest | 246,000 | -6,426,000 | -6,104,000 | -6,762,000 | -6,595,000 | -3,283,000 | -8,956,000 | -12,109,000 | -12,880,000 | -12,880,000 | -13,271,000 | -19,140,000 | -8,251,000 | -4,499,000 | -1,666,000 | -1,064,000 |
| cash flow from financing | -30,804,000 | -1,815,000 | 958,000 | -5,611,000 | -18,280,000 | -12,171,000 | 3,192,000 | -13,258,000 | -17,059,000 | -17,059,000 | -26,456,000 | -29,037,000 | -21,726,000 | 222,350,000 | -10,889,000 | 28,199,000 |
| cash and cash equivalents | ||||||||||||||||
| cash | 43,000 | 45,000 | -1,412,000 | -2,995,000 | 2,412,000 | 2,412,000 | -1,088,000 | -3,261,000 | 6,343,000 | -97,000 | 38,000 | 60,000 | ||||
| overdraft | ||||||||||||||||
| change in cash | 43,000 | 45,000 | -1,412,000 | -2,995,000 | 2,412,000 | 2,412,000 | -1,088,000 | -3,261,000 | 6,343,000 | -97,000 | 38,000 | 60,000 |
admiral taverns limited Credit Report and Business Information
Admiral Taverns Limited Competitor Analysis
Perform a competitor analysis for admiral taverns limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in EC1Y area or any other competitors across 12 key performance metrics.
admiral taverns limited Ownership
ADMIRAL TAVERNS LIMITED group structure
Admiral Taverns Limited has 1 subsidiary company.
Ultimate parent company
PSSF BRADY (CAYMAN) LTD
#0112308
2 parents
ADMIRAL TAVERNS LIMITED
05438628
1 subsidiary
admiral taverns limited directors
Admiral Taverns Limited currently has 3 directors. The longest serving directors include Mr Andrew Clifford (Oct 2006) and Mr Christopher Jowsey (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Clifford | England | 54 years | Oct 2006 | - | Director |
| Mr Christopher Jowsey | 60 years | Jul 2019 | - | Director | |
| Mr Nicholas Gray | England | 50 years | Mar 2020 | - | Director |
P&L
May 2024turnover
48m
+4%
operating profit
331k
-94%
gross margin
61.6%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
166.7m
+0.09%
total assets
214.1m
-0.13%
cash
88k
+0.96%
net assets
Total assets minus all liabilities
admiral taverns limited company details
company number
05438628
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
56101 - Licensed restaurants
incorporation date
April 2005
age
20
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
admiral taverns (cygnet) limited (February 2012)
inhoco 4091 limited (May 2005)
accountant
-
auditor
BDO LLP
address
milton gate 60 chiswell street, london, EC1Y 4AG
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
ADDLESHAW GODDARD LLP
admiral taverns 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 found 120 charges/mortgages relating to admiral taverns limited. Currently there are 15 open charges and 105 have been satisfied in the past.
admiral taverns 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.
Click to start generating capital raising & share issue transactions for ADMIRAL TAVERNS LIMITED. This can take several minutes, an email will notify you when this has completed.
admiral taverns limited Companies House Filings - See Documents
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