Pomanda estimates the enterprise value of TOFAN BARS & RESTAURANTS LIMITED at £229.4k based on a Turnover of £437.2k and 0.52x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TOFAN BARS & RESTAURANTS LIMITED at £0 based on an EBITDA of £-21.3k and a 3.52x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of TOFAN BARS & RESTAURANTS LIMITED at £0 based on Net Assets of £-510.9k and 2.21x industry multiple (adjusted for liquidity).
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Tofan Bars & Restaurants LimitedOverview
Tofan Bars & Restaurants Limited is a live company located in hertfordshire, EN5 5SU with a Companies House number of 07173654. It operates in the licenced restaurants sector, SIC Code 56101. Founded in March 2010, it's largest shareholder is
antonia mancone
with a 50% stake. Tofan Bars & Restaurants Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£437.2k with
high
growth in recent years.
Pomanda's financial health check has awarded Tofan Bars & Restaurants Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £437.2k, make it smaller than the average company (£1.3m)
£437.2k - Tofan Bars & Restaurants Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (20.2%)
25% - Tofan Bars & Restaurants Limited
20.2% - Industry AVG
Production
with a gross margin of 38.6%, this company has a higher cost of product (58.2%)
38.6% - Tofan Bars & Restaurants Limited
58.2% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (3.9%)
-5.1% - Tofan Bars & Restaurants Limited
3.9% - Industry AVG
Employees
with 9 employees, this is below the industry average (27)
9 - Tofan Bars & Restaurants Limited
27 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has an equivalent pay structure (£17.7k)
£17.7k - Tofan Bars & Restaurants Limited
£17.7k - Industry AVG
Efficiency
resulting in sales per employee of £48.6k, this is equally as efficient (£53.7k)
£48.6k - Tofan Bars & Restaurants Limited
£53.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tofan Bars & Restaurants Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 680 days, this is slower than average (43 days)
680 days - Tofan Bars & Restaurants Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tofan Bars & Restaurants Limited
- - 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 - Tofan Bars & Restaurants Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57957.5%, this is a higher level of debt than the average (79.5%)
57957.5% - Tofan Bars & Restaurants Limited
79.5% - Industry AVG
TOFAN BARS & RESTAURANTS LIMITED financials
EXPORT
Tofan Bars & Restaurants Limited's latest turnover from March 2024 is estimated at £437.2 thousand and the company has net assets of -£510.9 thousand. According to their latest financial statements, Tofan Bars & Restaurants Limited has 9 employees and maintains cash reserves of £883 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
Turnover
437,187
406,497
234,004
225,562
366,347
387,603
703,368
454,112
433,728
467,633
593,241
363,453
522,879
432,300
Other Income Or Grants
Cost Of Sales
268,375
247,227
149,347
146,687
216,158
227,173
401,682
254,778
248,583
270,846
347,986
219,501
309,882
244,919
Gross Profit
168,812
159,270
84,657
78,875
150,189
160,431
301,686
199,334
185,144
196,787
245,255
143,952
212,997
187,380
Admin Expenses
191,089
208,994
118,267
6,668
257,069
217,069
377,352
298,313
237,908
223,138
277,705
122,827
193,765
232,736
Operating Profit
-22,277
-49,724
-33,610
72,207
-106,880
-56,638
-75,666
-98,979
-52,764
-26,351
-32,450
21,125
19,232
-45,356
Interest Payable
56
51
Interest Receivable
196
191
162
20
15
58
37
69
122
160
100
23
6
Pre-Tax Profit
-22,081
-49,533
-33,504
72,177
-106,880
-56,623
-75,608
-98,942
-52,695
-26,229
-32,290
21,225
19,255
-45,350
Tax
-13,714
-5,094
-5,006
Profit After Tax
-22,081
-49,533
-33,504
58,463
-106,880
-56,623
-75,608
-98,942
-52,695
-26,229
-32,290
16,131
14,249
-45,350
Dividends Paid
Retained Profit
-22,081
-49,533
-33,504
58,463
-106,880
-56,623
-75,608
-98,942
-52,695
-26,229
-32,290
16,131
14,249
-45,350
Employee Costs
158,896
154,524
160,899
121,049
145,945
183,969
462,231
220,119
123,869
122,917
138,130
87,208
124,814
95,760
Number Of Employees
9
9
10
8
9
11
28
14
8
8
9
6
9
7
EBITDA*
-21,263
-48,748
-32,932
83,562
-95,525
-45,074
-63,173
-86,218
-48,671
2,184
-4,277
48,674
46,070
-19,224
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
Tangible Assets
7,839
4,680
5,358
16,713
28,068
39,632
50,685
16,562
20,655
46,385
70,429
93,436
115,735
Intangible Assets
1,000
2,000
3,000
4,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,839
4,680
5,358
16,713
28,068
39,632
50,685
16,562
20,655
47,385
72,429
96,436
119,735
Stock & work in progress
25,000
25,000
33,000
17,000
10,000
25,788
35,252
31,951
27,031
34,378
26,705
24,811
15,950
Trade Debtors
36,220
23,254
21,000
21,000
21,000
21,000
21,512
23,656
23,771
29,362
21,000
26,512
21,000
Group Debtors
Misc Debtors
Cash
883
6,571
2,401
40,816
33
839
3,258
19,928
9,718
18,077
30,715
33,340
6,736
2,480
misc current assets
total current assets
883
67,791
50,655
94,816
38,033
31,839
50,046
76,692
65,325
68,879
94,455
81,045
58,059
39,430
total assets
883
75,630
55,335
100,174
54,746
59,907
89,678
127,377
81,887
89,534
141,840
153,474
154,495
159,165
Bank overdraft
Bank loan
Trade Creditors
500,098
542,764
462,936
464,271
518,973
417,254
390,402
352,493
208,061
163,013
189,099
49,606
185,586
204,505
Group/Directors Accounts
118,828
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
500,098
542,764
462,936
464,271
518,973
417,254
390,402
352,493
208,061
163,013
189,099
168,434
185,586
204,505
loans
1,667
hp & lease commitments
Accruals and Deferred Income
other liabilities
11,667
21,667
31,667
40,000
provisions
total long term liabilities
11,667
21,667
31,667
41,667
total liabilities
511,765
564,431
494,603
505,938
518,973
417,254
390,402
352,493
208,061
163,013
189,099
168,434
185,586
204,505
net assets
-510,882
-488,801
-439,268
-405,764
-464,227
-357,347
-300,724
-225,116
-126,174
-73,479
-47,259
-14,960
-31,091
-45,340
total shareholders funds
-510,882
-488,801
-439,268
-405,764
-464,227
-357,347
-300,724
-225,116
-126,174
-73,479
-47,259
-14,960
-31,091
-45,340
Mar 2024
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
Operating Activities
Operating Profit
-22,277
-49,724
-33,610
72,207
-106,880
-56,638
-75,666
-98,979
-52,764
-26,351
-32,450
21,125
19,232
-45,356
Depreciation
1,014
976
678
11,355
11,355
11,564
12,493
12,761
4,093
27,535
27,173
26,549
25,838
25,132
Amortisation
1,000
1,000
1,000
1,000
1,000
Tax
-13,714
-5,094
-5,006
Stock
-25,000
-8,000
16,000
7,000
-15,788
-9,464
3,301
4,920
-7,347
7,673
1,894
8,861
15,950
Debtors
-36,220
12,966
2,254
-512
-2,144
-115
-5,591
8,362
-5,512
5,512
21,000
Creditors
-42,666
79,828
-1,335
-54,702
101,719
26,852
37,909
144,432
45,048
-26,086
139,493
-135,980
-18,919
204,505
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-2,709
18,114
-28,521
-854
-806
-2,434
-15,288
57,057
-8,428
-10,964
119,181
-88,782
7,772
148,331
Investing Activities
capital expenditure
6,825
-4,135
-1,440
-46,884
-1,805
-3,129
-3,542
-3,539
-145,867
Change in Investments
cash flow from investments
6,825
-4,135
-1,440
-46,884
-1,805
-3,129
-3,542
-3,539
-145,867
Financing Activities
Bank loans
Group/Directors Accounts
-118,828
118,828
Other Short Term Loans
Long term loans
-1,667
1,667
Hire Purchase and Lease Commitments
other long term liabilities
-10,000
-10,000
-8,333
40,000
share issue
9
-9
10
interest
196
191
106
-31
15
58
37
69
122
160
100
23
6
cash flow from financing
-9,804
-9,809
-9,894
41,636
15
58
37
69
131
-118,677
118,928
23
16
cash and cash equivalents
cash
-5,688
4,170
-38,415
40,783
-806
-2,419
-16,670
10,210
-8,359
-12,638
-2,625
26,604
4,256
2,480
overdraft
change in cash
-5,688
4,170
-38,415
40,783
-806
-2,419
-16,670
10,210
-8,359
-12,638
-2,625
26,604
4,256
2,480
tofan bars & restaurants limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tofan bars & restaurants limited. Get real-time insights into tofan bars & restaurants limited's credit score, group structure and payment trends.
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tofan bars & restaurants limited Ownership
TOFAN BARS & RESTAURANTS LIMITED group structure
Tofan Bars & Restaurants Limited has no subsidiary companies.
Ultimate parent company
TOFAN BARS & RESTAURANTS LIMITED
07173654
TOFAN BARS & RESTAURANTS LIMITED Shareholders
The largest shareholders in Tofan Bars & Restaurants Limited include Antonia Mancone and Constantin Tofan.
antonia mancone
50%
constantin tofan
50%
tofan bars & restaurants limited directors
Tofan Bars & Restaurants Limited currently has 1 director, Mr Constantin Tofan serving since Mar 2010.
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 tofan bars & restaurants limited.
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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tofan bars & restaurants limitedCompanies House Filings - See Documents
