the middlesbrough pharmacie & medicine bar ltd
the middlesbrough pharmacie & medicine bar ltd Company Information
Company Number
06919929
Website
http://medicinebar.netRegistered Address
1st floor 34 falcon court, preston farm industrial estate, stockton-on-tees, TS18 3TX
Industry
Licensed restaurants
Telephone
01642222250
Next Accounts Due
834 days late
Group Structure
View All
Shareholders
barry oswald faulkner 50%
barry joseph faulkner 50%
the middlesbrough pharmacie & medicine bar ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MIDDLESBROUGH PHARMACIE & MEDICINE BAR LTD at £367.3k based on a Turnover of £552.3k and 0.67x industry multiple (adjusted for size and gross margin).
the middlesbrough pharmacie & medicine bar ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MIDDLESBROUGH PHARMACIE & MEDICINE BAR LTD at £0 based on an EBITDA of £-85.5k and a 5.06x industry multiple (adjusted for size and gross margin).
the middlesbrough pharmacie & medicine bar ltd Estimated Valuation
Pomanda estimates the enterprise value of THE MIDDLESBROUGH PHARMACIE & MEDICINE BAR LTD at £0 based on Net Assets of £-224k and 3.04x industry multiple (adjusted for liquidity).
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The Middlesbrough Pharmacie & Medicine Bar Ltd Overview
The Middlesbrough Pharmacie & Medicine Bar Ltd is a live company located in stockton-on-tees, TS18 3TX with a Companies House number of 06919929. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2009, it's largest shareholder is barry oswald faulkner with a 50% stake. The Middlesbrough Pharmacie & Medicine Bar Ltd is a established, small sized company, Pomanda has estimated its turnover at £552.3k with declining growth in recent years.
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The Middlesbrough Pharmacie & Medicine Bar Ltd Health Check
Pomanda's financial health check has awarded The Middlesbrough Pharmacie & Medicine Bar Ltd 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
2 Regular
7 Weak
Size
annual sales of £552.3k, make it smaller than the average company (£1.2m)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (2.1%)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
2.1% - Industry AVG
Production
with a gross margin of 58.8%, this company has a comparable cost of product (58.8%)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
58.8% - Industry AVG
Profitability
an operating margin of -16.8% make it less profitable than the average company (1.9%)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
1.9% - Industry AVG
Employees
with 16 employees, this is below the industry average (38)
16 - The Middlesbrough Pharmacie & Medicine Bar Ltd
38 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £34.5k, this is less efficient (£43.3k)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
£43.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Middlesbrough Pharmacie & Medicine Bar Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 163 days, this is slower than average (44 days)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (12 days)
- The Middlesbrough Pharmacie & Medicine Bar Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - The Middlesbrough Pharmacie & Medicine Bar Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 538.6%, this is a higher level of debt than the average (89.9%)
538.6% - The Middlesbrough Pharmacie & Medicine Bar Ltd
89.9% - Industry AVG
THE MIDDLESBROUGH PHARMACIE & MEDICINE BAR LTD financials
The Middlesbrough Pharmacie & Medicine Bar Ltd's latest turnover from September 2020 is estimated at £552.3 thousand and the company has net assets of -£224 thousand. According to their latest financial statements, The Middlesbrough Pharmacie & Medicine Bar Ltd has 16 employees and maintains cash reserves of £7.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 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 | 16 | 21 | 23 | 38 | 34 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,272 | 11,558 | 20,749 | 30,742 | 33,962 | 23,038 | 12,170 | 47,161 | 81,852 | 121,558 | 156,342 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 34,940 | 19,060 | 13,795 | 2,677 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 39,212 | 30,618 | 34,544 | 33,419 | 33,962 | 23,038 | 12,170 | 47,161 | 81,852 | 121,558 | 156,342 |
| Stock & work in progress | 400 | 14,000 | 13,740 | 19,983 | 19,620 | 14,855 | 18,499 | 19,687 | 19,000 | 18,200 | 14,494 |
| Trade Debtors | 0 | 0 | 0 | 126 | 126 | 760 | 126 | 15 | 1,669 | 2,115 | 1,132 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,195 | 7,006 | 6,170 | 6,552 | 2,263 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 7,265 | 13,956 | 5,381 | 3,000 | 15,291 | 16,336 | 18,641 | 60,082 | 15,825 | 20,573 | 22,494 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,860 | 34,962 | 25,291 | 29,661 | 37,300 | 31,951 | 37,266 | 79,784 | 36,494 | 40,888 | 38,120 |
| total assets | 51,072 | 65,580 | 59,835 | 63,080 | 71,262 | 54,989 | 49,436 | 126,945 | 118,346 | 162,446 | 194,462 |
| Bank overdraft | 0 | 0 | 0 | 6,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 102,096 | 69,450 | 26,553 | 33,614 | 60,507 | 146,277 | 150,014 | 270,673 | 351,637 | 338,215 | 338,561 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 125,626 | 125,858 | 140,376 | 82,743 | 96,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 227,722 | 195,308 | 166,929 | 122,780 | 157,462 | 146,277 | 150,014 | 270,673 | 351,637 | 338,215 | 338,561 |
| loans | 47,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 47,338 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 275,060 | 195,308 | 166,929 | 122,780 | 157,462 | 146,277 | 150,014 | 270,673 | 351,637 | 338,215 | 338,561 |
| net assets | -223,988 | -129,728 | -107,094 | -59,700 | -86,200 | -91,288 | -100,578 | -143,728 | -233,291 | -175,769 | -144,099 |
| total shareholders funds | -223,988 | -129,728 | -107,094 | -59,700 | -86,200 | -91,288 | -100,578 | -143,728 | -233,291 | -175,769 | -144,099 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 7,286 | 9,191 | 9,993 | 9,902 | 7,216 | 9,014 | 37,228 | 40,204 | 39,706 | 39,448 | 37,526 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | -13,600 | 260 | -6,243 | 363 | 4,765 | -3,644 | -1,188 | 687 | 800 | 3,706 | 14,494 |
| Debtors | -2,811 | 836 | -508 | 4,289 | 1,629 | 634 | 111 | -1,654 | -446 | 983 | 1,132 |
| Creditors | 32,646 | 42,897 | -7,061 | -26,893 | -85,770 | -3,737 | -120,659 | -80,964 | 13,422 | -346 | 338,561 |
| Accruals and Deferred Income | -232 | -14,518 | 57,633 | -14,212 | 96,955 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 15,880 | 5,265 | 11,118 | 2,677 | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 47,338 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -6,691 | 8,575 | 2,381 | -12,291 | -1,045 | -2,305 | -41,441 | 44,257 | -4,748 | -1,921 | 22,494 |
| overdraft | 0 | 0 | -6,423 | 6,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -6,691 | 8,575 | 8,804 | -18,714 | -1,045 | -2,305 | -41,441 | 44,257 | -4,748 | -1,921 | 22,494 |
the middlesbrough pharmacie & medicine bar ltd Credit Report and Business Information
The Middlesbrough Pharmacie & Medicine Bar Ltd Competitor Analysis
Perform a competitor analysis for the middlesbrough pharmacie & medicine bar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TS18 area or any other competitors across 12 key performance metrics.
the middlesbrough pharmacie & medicine bar ltd Ownership
THE MIDDLESBROUGH PHARMACIE & MEDICINE BAR LTD group structure
The Middlesbrough Pharmacie & Medicine Bar Ltd has no subsidiary companies.
Ultimate parent company
THE MIDDLESBROUGH PHARMACIE & MEDICINE BAR LTD
06919929
the middlesbrough pharmacie & medicine bar ltd directors
The Middlesbrough Pharmacie & Medicine Bar Ltd currently has 2 directors. The longest serving directors include Mr Barry Faulkner (Jun 2009) and Mr Barry Faulkner (Jun 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Barry Faulkner | 52 years | Jun 2009 | - | Director | |
| Mr Barry Faulkner | 76 years | Jun 2009 | - | Director |
P&L
September 2020turnover
552.3k
-27%
operating profit
-92.8k
0%
gross margin
58.8%
-1.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-224k
+0.73%
total assets
51.1k
-0.22%
cash
7.3k
-0.48%
net assets
Total assets minus all liabilities
the middlesbrough pharmacie & medicine bar ltd company details
company number
06919929
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2009
age
15
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2020
address
1st floor 34 falcon court, preston farm industrial estate, stockton-on-tees, TS18 3TX
accountant
-
auditor
-
the middlesbrough pharmacie & medicine bar 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 did not find charges/mortgages relating to the middlesbrough pharmacie & medicine bar ltd.
the middlesbrough pharmacie & medicine bar ltd Companies House Filings - See Documents
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