liquid bars limited
liquid bars limited Company Information
Company Number
06753988
Website
www.liquidbars.comRegistered Address
30 footherley road, shenstone, lichfield, staffordshire, WS14 0NJ
Industry
Event catering activities
Telephone
01695574800
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
joanne clair hall 33.3%
alan anthony baxter 33.3%
View Allliquid bars limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID BARS LIMITED at £30.8k based on a Turnover of £51.8k and 0.6x industry multiple (adjusted for size and gross margin).
liquid bars limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID BARS LIMITED at £0 based on an EBITDA of £-175 and a 5.03x industry multiple (adjusted for size and gross margin).
liquid bars limited Estimated Valuation
Pomanda estimates the enterprise value of LIQUID BARS LIMITED at £0 based on Net Assets of £-1.3k and 2.96x industry multiple (adjusted for liquidity).
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Liquid Bars Limited Overview
Liquid Bars Limited is a live company located in lichfield, WS14 0NJ with a Companies House number of 06753988. It operates in the event catering activities sector, SIC Code 56210. Founded in November 2008, it's largest shareholder is joanne clair hall with a 33.3% stake. Liquid Bars Limited is a established, micro sized company, Pomanda has estimated its turnover at £51.8k with high growth in recent years.
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Liquid Bars Limited Health Check
Pomanda's financial health check has awarded Liquid Bars Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £51.8k, make it smaller than the average company (£501.4k)
- Liquid Bars Limited
£501.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (-1.6%)
- Liquid Bars Limited
-1.6% - Industry AVG
Production
with a gross margin of 43.6%, this company has a comparable cost of product (43.6%)
- Liquid Bars Limited
43.6% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (5.8%)
- Liquid Bars Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Liquid Bars Limited
10 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- Liquid Bars Limited
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £25.9k, this is less efficient (£49.1k)
- Liquid Bars Limited
£49.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Liquid Bars Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Liquid Bars Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Liquid Bars Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (28 weeks)
9 weeks - Liquid Bars Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 545.3%, this is a higher level of debt than the average (87.1%)
545.3% - Liquid Bars Limited
87.1% - Industry AVG
LIQUID BARS LIMITED financials
Liquid Bars Limited's latest turnover from March 2023 is estimated at £51.8 thousand and the company has net assets of -£1.3 thousand. According to their latest financial statements, Liquid Bars Limited has 2 employees and maintains cash reserves of £300 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 290 | 387 | 516 | 688 | 917 | 1,223 | 1,631 | 2,175 | 0 | 0 | 0 | 0 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 290 | 387 | 516 | 688 | 917 | 1,223 | 1,631 | 2,175 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 150 | 75 | 150 | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 846 | 1,554 | 612 | 803 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 300 | 300 | 300 | 450 | 375 | 450 | 375 | 300 | 300 | 300 | 846 | 1,554 | 612 | 803 |
| total assets | 300 | 300 | 590 | 837 | 891 | 1,138 | 1,292 | 1,523 | 1,931 | 2,475 | 846 | 1,554 | 612 | 803 |
| 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 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 1,766 | 3,223 | 849 | 1,539 | 0 | 679 |
| Group/Directors Accounts | 1,486 | 1,323 | 1,160 | 1,147 | 1,059 | 1,046 | 958 | 1,095 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,636 | 1,473 | 1,310 | 1,297 | 1,209 | 1,196 | 1,108 | 1,245 | 1,766 | 3,223 | 849 | 1,539 | 0 | 679 |
| loans | 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 |
| 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 | 499 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 499 | 0 |
| total liabilities | 1,636 | 1,473 | 1,310 | 1,297 | 1,209 | 1,196 | 1,108 | 1,245 | 1,766 | 3,223 | 849 | 1,539 | 499 | 679 |
| net assets | -1,336 | -1,173 | -720 | -460 | -318 | -58 | 184 | 278 | 165 | -748 | -3 | 15 | 113 | 124 |
| total shareholders funds | -1,336 | -1,173 | -720 | -460 | -318 | -58 | 184 | 278 | 165 | -748 | -3 | 15 | 113 | 124 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 290 | 97 | 129 | 172 | 229 | 306 | 408 | 544 | 725 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -150 | 75 | -75 | 75 | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,616 | -1,457 | 2,374 | -690 | 1,539 | -679 | 679 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| 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 | 163 | 163 | 13 | 88 | 13 | 88 | -137 | 1,095 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -499 | 499 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -546 | -708 | 942 | -191 | 803 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -546 | -708 | 942 | -191 | 803 |
liquid bars limited Credit Report and Business Information
Liquid Bars Limited Competitor Analysis
Perform a competitor analysis for liquid bars limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in WS14 area or any other competitors across 12 key performance metrics.
liquid bars limited Ownership
LIQUID BARS LIMITED group structure
Liquid Bars Limited has no subsidiary companies.
Ultimate parent company
LIQUID BARS LIMITED
06753988
liquid bars limited directors
Liquid Bars Limited currently has 3 directors. The longest serving directors include Mr Simon Smith (Nov 2008) and Mr Alan Baxter (Nov 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Smith | England | 46 years | Nov 2008 | - | Director |
| Mr Alan Baxter | 46 years | Nov 2008 | - | Director | |
| Mrs Joanne Smith | England | 45 years | Nov 2008 | - | Director |
P&L
March 2023turnover
51.8k
+46%
operating profit
-175.8
0%
gross margin
43.6%
+1.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.3k
+0.14%
total assets
300
0%
cash
300
0%
net assets
Total assets minus all liabilities
Similar Companies
liquid bars limited company details
company number
06753988
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
November 2008
age
16
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
30 footherley road, shenstone, lichfield, staffordshire, WS14 0NJ
accountant
GOLDSWORTHY & CO
auditor
-
liquid bars 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 liquid bars limited.
liquid bars limited Companies House Filings - See Documents
| date | description | view/download |
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