admiral taverns (780) limited
admiral taverns (780) limited Company Information
Company Number
05847941
Website
admiraltaverns.co.ukRegistered Address
milton gate 60 chiswell street, london, united kingdom, EC1Y 4AG
Industry
Hotels and similar accommodation
Public houses and bars
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
admiral taverns (max) ltd 100%
admiral taverns (780) limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL TAVERNS (780) LIMITED at £313.6k based on a Turnover of £318k and 0.99x industry multiple (adjusted for size and gross margin).
admiral taverns (780) limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL TAVERNS (780) LIMITED at £271k based on an EBITDA of £53k and a 5.11x industry multiple (adjusted for size and gross margin).
admiral taverns (780) limited Estimated Valuation
Pomanda estimates the enterprise value of ADMIRAL TAVERNS (780) LIMITED at £0 based on Net Assets of £-69.4m and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Admiral Taverns (780) Limited Overview
Admiral Taverns (780) Limited is a live company located in united kingdom, EC1Y 4AG with a Companies House number of 05847941. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 2006, it's largest shareholder is admiral taverns (max) ltd with a 100% stake. Admiral Taverns (780) Limited is a established, micro sized company, Pomanda has estimated its turnover at £318k with healthy growth in recent years.
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Admiral Taverns (780) Limited Health Check
Pomanda's financial health check has awarded Admiral Taverns (780) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £318k, make it smaller than the average company (£2.7m)
£318k - Admiral Taverns (780) Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.5%)
9% - Admiral Taverns (780) Limited
2.5% - Industry AVG
Production
with a gross margin of 79.3%, this company has a lower cost of product (58.7%)
79.3% - Admiral Taverns (780) Limited
58.7% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (7.2%)
-2.5% - Admiral Taverns (780) Limited
7.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (43)
- Admiral Taverns (780) Limited
43 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Admiral Taverns (780) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £53k, this is equally as efficient (£57k)
- Admiral Taverns (780) Limited
£57k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (9 days)
25 days - Admiral Taverns (780) Limited
9 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Admiral Taverns (780) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is more than average (11 days)
38 days - Admiral Taverns (780) Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Admiral Taverns (780) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158.6%, this is a higher level of debt than the average (79.9%)
158.6% - Admiral Taverns (780) Limited
79.9% - Industry AVG
ADMIRAL TAVERNS (780) LIMITED financials
Admiral Taverns (780) Limited's latest turnover from May 2023 is £318 thousand and the company has net assets of -£69.4 million. According to their latest financial statements, we estimate that Admiral Taverns (780) Limited has 6 employees and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | Jun 2019 | Jun 2018 | Jun 2017 | May 2016 | May 2015 | May 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 318,000 | 297,000 | 103,000 | 245,000 | 302,000 | 380,000 | 434,000 | 468,000 | 615,000 | 891,000 | 1,503,000 | 20,022,000 | 33,013,000 | 38,457,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 66,000 | 76,000 | 27,000 | 82,000 | 112,000 | 136,000 | 126,000 | 142,000 | 206,000 | 377,000 | 602,000 | 10,555,000 | 16,728,000 | 18,556,000 |
| Gross Profit | 252,000 | 221,000 | 76,000 | 163,000 | 190,000 | 244,000 | 308,000 | 326,000 | 409,000 | 514,000 | 901,000 | 9,467,000 | 16,285,000 | 19,901,000 |
| Admin Expenses | 260,000 | -229,000 | 560,000 | -147,000 | -1,646,000 | -1,723,000 | -1,422,000 | -4,938,000 | -261,000 | -481,000 | -1,645,000 | 256,000 | 7,791,000 | -52,453,000 |
| Operating Profit | -8,000 | 450,000 | -484,000 | 310,000 | 1,836,000 | 1,967,000 | 1,730,000 | 5,264,000 | 670,000 | 995,000 | 2,546,000 | 9,211,000 | 8,494,000 | 72,354,000 |
| Interest Payable | 5,592,000 | 3,513,000 | 3,261,000 | 3,676,000 | 3,764,000 | 3,634,000 | 3,542,000 | 3,710,000 | 3,718,000 | 3,870,000 | 3,709,000 | 6,065,000 | 7,506,000 | 5,555,000 |
| Interest Receivable | 6,417,000 | 4,074,000 | 3,606,000 | 3,881,000 | 0 | 0 | 0 | 2,000 | 0 | 0 | 4,000 | 6,000 | 6,000 | 41,000 |
| Pre-Tax Profit | 817,000 | 1,011,000 | -80,000 | 476,000 | -1,970,000 | -1,708,000 | -1,847,000 | 775,000 | -3,075,000 | -3,140,000 | -1,724,000 | 1,625,000 | -937,000 | -137,895,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,916,000 | 0 | 0 | 0 | 0 | 763,000 | 47,000 |
| Profit After Tax | 817,000 | 1,011,000 | -80,000 | 476,000 | -1,970,000 | -1,708,000 | -1,847,000 | -1,141,000 | -3,075,000 | -3,140,000 | -1,724,000 | 1,625,000 | -174,000 | -137,848,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 817,000 | 1,011,000 | -80,000 | 476,000 | -1,970,000 | -1,708,000 | -1,847,000 | -1,141,000 | -3,075,000 | -3,140,000 | -1,724,000 | 1,625,000 | -174,000 | -137,848,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 53,000 | 484,000 | -449,000 | 340,000 | 1,844,000 | 1,967,000 | 1,738,000 | 5,268,000 | 670,000 | 995,000 | 2,698,000 | 9,566,000 | 8,599,000 | 72,491,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | Jun 2019 | Jun 2018 | Jun 2017 | May 2016 | May 2015 | May 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 884,000 | 903,000 | 658,000 | 629,000 | 536,000 | 1,365,000 | 976,000 | 1,022,000 | 1,930,000 | 2,298,000 | 3,114,000 | 6,175,000 | 96,885,000 | 117,694,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 1,000 | 0 | 104,000 | 105,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 885,000 | 903,000 | 762,000 | 734,000 | 536,000 | 1,365,000 | 976,000 | 1,022,000 | 1,930,000 | 2,298,000 | 3,114,000 | 6,175,000 | 96,885,000 | 117,694,000 |
| Stock & work in progress | 7,000 | 0 | 0 | 0 | 0 | 0 | 3,000 | 5,000 | 24,000 | 12,000 | 24,000 | 17,000 | 888,000 | 1,285,000 |
| Trade Debtors | 22,000 | 9,000 | 6,000 | 0 | 16,000 | 23,000 | 20,000 | 13,000 | 324,000 | 410,000 | 441,000 | 624,000 | 1,448,000 | 1,763,000 |
| Group Debtors | 117,351,000 | 111,883,000 | 109,313,000 | 107,290,000 | 104,821,000 | 104,828,000 | 104,832,000 | 104,716,000 | 125,420,000 | 126,609,000 | 127,792,000 | 127,686,000 | 124,700,000 | 126,771,000 |
| Misc Debtors | 140,000 | 144,000 | 19,000 | 15,000 | 131,000 | 163,000 | 126,000 | 135,000 | 213,000 | 377,000 | 221,000 | 240,000 | 339,000 | 333,000 |
| Cash | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 26,000 | 321,000 | 432,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 117,523,000 | 112,036,000 | 109,338,000 | 107,305,000 | 104,968,000 | 105,014,000 | 104,981,000 | 104,869,000 | 125,981,000 | 127,408,000 | 128,481,000 | 128,593,000 | 127,696,000 | 130,584,000 |
| total assets | 118,408,000 | 112,939,000 | 110,100,000 | 108,039,000 | 105,504,000 | 106,379,000 | 105,957,000 | 105,891,000 | 127,911,000 | 129,706,000 | 131,595,000 | 134,768,000 | 224,581,000 | 248,278,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 65,000 | 65,000 | 67,000 | 59,000 | 59,000 | 66,000 | 0 | 72,000 | 11,000 | 11,000 | 0 | 187,000 |
| Group/Directors Accounts | 87,225,000 | 82,520,000 | 79,916,000 | 77,799,000 | 76,087,000 | 75,075,000 | 73,073,000 | 71,225,000 | 91,422,000 | 90,063,000 | 88,782,000 | 89,439,000 | 150,660,000 | 173,344,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 300,000 | 392,000 | 668,000 | 776,000 | 380,000 | 605,000 | 917,000 | 845,000 | 1,593,000 | 1,600,000 | 1,692,000 | 2,486,000 | 4,914,000 | 4,803,000 |
| total current liabilities | 87,525,000 | 82,912,000 | 80,649,000 | 78,640,000 | 76,534,000 | 75,739,000 | 74,049,000 | 72,136,000 | 93,015,000 | 91,735,000 | 90,485,000 | 91,936,000 | 155,574,000 | 178,334,000 |
| loans | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 127,692,000 | 127,692,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| provisions | 345,000 | 306,000 | 775,000 | 656,000 | 690,000 | 390,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 763,000 |
| total long term liabilities | 100,237,000 | 100,198,000 | 100,667,000 | 100,548,000 | 100,582,000 | 100,282,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 99,892,000 | 127,692,000 | 128,455,000 |
| total liabilities | 187,762,000 | 183,110,000 | 181,316,000 | 179,188,000 | 177,116,000 | 176,021,000 | 173,941,000 | 172,028,000 | 192,907,000 | 191,627,000 | 190,377,000 | 191,828,000 | 283,266,000 | 306,789,000 |
| net assets | -69,354,000 | -70,171,000 | -71,216,000 | -71,149,000 | -71,612,000 | -69,642,000 | -67,984,000 | -66,137,000 | -64,996,000 | -61,921,000 | -58,782,000 | -57,060,000 | -58,685,000 | -58,511,000 |
| total shareholders funds | -69,354,000 | -70,171,000 | -71,216,000 | -71,149,000 | -71,612,000 | -69,642,000 | -67,984,000 | -66,137,000 | -64,996,000 | -61,921,000 | -58,782,000 | -57,060,000 | -58,685,000 | -58,511,000 |
| May 2023 | May 2022 | May 2021 | May 2020 | Jun 2019 | Jun 2018 | Jun 2017 | May 2016 | May 2015 | May 2014 | Jun 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -8,000 | 450,000 | -484,000 | 310,000 | 1,836,000 | 1,967,000 | 1,730,000 | 5,264,000 | 670,000 | 995,000 | 2,546,000 | 9,211,000 | 8,494,000 | 72,354,000 |
| Depreciation | 61,000 | 34,000 | 35,000 | 30,000 | 8,000 | 0 | 8,000 | 4,000 | 0 | 0 | 152,000 | 355,000 | 105,000 | 137,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,916,000 | 0 | 0 | 0 | 0 | 763,000 | 47,000 |
| Stock | 7,000 | 0 | 0 | 0 | 0 | -3,000 | -2,000 | -19,000 | 12,000 | -12,000 | 7,000 | -871,000 | -397,000 | 1,285,000 |
| Debtors | 5,478,000 | 2,594,000 | 2,032,000 | 2,442,000 | -46,000 | 36,000 | 114,000 | -21,093,000 | -1,439,000 | -1,058,000 | -96,000 | 2,063,000 | -2,380,000 | 128,867,000 |
| Creditors | 0 | -65,000 | 0 | -2,000 | 8,000 | 0 | -7,000 | 66,000 | -72,000 | 61,000 | 0 | 11,000 | -187,000 | 187,000 |
| Accruals and Deferred Income | -92,000 | -276,000 | -108,000 | 396,000 | -225,000 | -312,000 | 72,000 | -748,000 | -7,000 | -92,000 | -794,000 | -2,428,000 | 111,000 | 4,803,000 |
| Deferred Taxes & Provisions | 39,000 | -469,000 | 119,000 | -34,000 | 300,000 | 390,000 | 0 | 0 | 0 | 0 | 0 | 0 | -763,000 | 763,000 |
| Cash flow from operations | -5,485,000 | -2,920,000 | -2,470,000 | -1,742,000 | 1,973,000 | 2,012,000 | 1,691,000 | 23,782,000 | 2,018,000 | 2,034,000 | 1,993,000 | 5,957,000 | 11,300,000 | -51,861,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,705,000 | 2,604,000 | 2,117,000 | 1,712,000 | 1,012,000 | 2,002,000 | 1,848,000 | -20,197,000 | 1,359,000 | 1,281,000 | -657,000 | -61,221,000 | -22,684,000 | 173,344,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,800,000 | 0 | 127,692,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 825,000 | 561,000 | 345,000 | 205,000 | -3,764,000 | -3,634,000 | -3,542,000 | -3,708,000 | -3,718,000 | -3,870,000 | -3,705,000 | -6,059,000 | -7,500,000 | -5,514,000 |
| cash flow from financing | 5,530,000 | 3,199,000 | 2,475,000 | 1,904,000 | -2,752,000 | -1,582,000 | -1,694,000 | -23,905,000 | -2,359,000 | -2,588,000 | -4,360,000 | -95,080,000 | -30,184,000 | 374,859,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,000 | -23,000 | -295,000 | -111,000 | 432,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,000 | -23,000 | -295,000 | -111,000 | 432,000 |
admiral taverns (780) limited Credit Report and Business Information
Admiral Taverns (780) Limited Competitor Analysis
Perform a competitor analysis for admiral taverns (780) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EC1Y area or any other competitors across 12 key performance metrics.
admiral taverns (780) limited Ownership
ADMIRAL TAVERNS (780) LIMITED group structure
Admiral Taverns (780) Limited has no subsidiary companies.
Ultimate parent company
PSSF BRADY (CAYMAN) LTD
#0112308
2 parents
ADMIRAL TAVERNS (780) LIMITED
05847941
admiral taverns (780) limited directors
Admiral Taverns (780) 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 | 59 years | Jul 2019 | - | Director | |
| Mr Nicholas Gray | England | 50 years | Mar 2020 | - | Director |
P&L
May 2023turnover
318k
+7%
operating profit
-8k
-102%
gross margin
79.3%
+6.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-69.4m
-0.01%
total assets
118.4m
+0.05%
cash
3k
0%
net assets
Total assets minus all liabilities
Similar Companies
admiral taverns (780) limited company details
company number
05847941
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
56302 - Public houses and bars
incorporation date
June 2006
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
inhoco 4154 limited (July 2006)
accountant
-
auditor
BDO LLP
address
milton gate 60 chiswell street, london, united kingdom, EC1Y 4AG
Bank
-
Legal Advisor
ADDLESHAW GODDARD
admiral taverns (780) 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 41 charges/mortgages relating to admiral taverns (780) limited. Currently there are 8 open charges and 33 have been satisfied in the past.
admiral taverns (780) limited Companies House Filings - See Documents
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