Adept Bars & Events Limited

POWER SEARCH PRICING

SOLUTIONS

adept bars & events limited Company Information

Company Number

07251256

Next Accounts

Feb 2025

Directors

David Strydom

Shareholders

david strydom

Group Structure

View All

Industry

Public houses and bars

Registered Address

104 solent business centre, millbrook road west, southampton, SO15 0HW

Website

adept bars & events limited Estimated Valuation

£65.7k

Pomanda estimates the enterprise value of ADEPT BARS & EVENTS LIMITED at £65.7k based on a Turnover of £105.8k and 0.62x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Adept Bars & Events Limited is a live company located in southampton, SO15 0HW with a Companies House number of 07251256. It operates in the public houses and bars sector, SIC Code 56302. Founded in May 2010, it's largest shareholder is david strydom with a 100% stake. Adept Bars & Events Limited is a established, micro sized company, Pomanda has estimated its turnover at £105.8k with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Adept Bars & Events Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

0 Strong

3 Regular

8 Weak

Size

annual sales of £105.8k, make it smaller than the average company (£551k)

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.9%)

EXPORT

Adept Bars & Events Limited's latest turnover from May 2023 is estimated at £105.8 thousand and the company has net assets of -£89.3 thousand. According to their latest financial statements, Adept Bars & Events Limited has 3 employees and maintains cash reserves of £6.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011
Turnover	105,782	77,609	67,510	103,799	80,846	13,789	13,665	13,601	110,963	93,548	72,908	140,017	164,244
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	44,256	31,412	28,101	42,952	34,153	5,724	5,672	5,799	49,654	41,821	33,743	66,008	74,521
Gross Profit	61,526	46,197	39,409	60,847	46,693	8,065	7,994	7,802	61,309	51,727	39,164	74,009	89,723
Admin Expenses	106,061	39,685	27,796	49,399	42,955	18,224	23,347	15,582	71,920	68,765	27,041	89,160	87,668
Operating Profit	-44,535	6,512	11,613	11,448	3,738	-10,159	-15,353	-7,780	-10,611	-17,038	12,123	-15,151	2,055
Interest Payable	3,666	3,158	1,525	0	0	0	0	0	0	0	0	0	0
Interest Receivable	281	121	16	7	17	21	12	32	42	46	88	190	127
Pre-Tax Profit	-47,921	3,474	10,104	11,456	3,756	-10,138	-15,341	-7,748	-10,569	-16,992	12,212	-14,961	2,182
Tax	0	-660	-1,920	-2,177	-714	0	0	0	0	0	-2,809	0	-567
Profit After Tax	-47,921	2,814	8,184	9,279	3,042	-10,138	-15,341	-7,748	-10,569	-16,992	9,403	-14,961	1,615
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-47,921	2,814	8,184	9,279	3,042	-10,138	-15,341	-7,748	-10,569	-16,992	9,403	-14,961	1,615
Employee Costs	44,953	41,472	39,981	43,528	31,535	16,446	14,695	14,003	42,451	42,741	27,271	48,110	47,556
Number Of Employees	3	3	3	3	2	1	1	1	3	3	2	4	4
EBITDA*	-43,636	7,711	13,211	13,579	6,579	-6,371	-10,302	-5,668	-9,662	-15,773	13,811	-12,901	5,055

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011
Tangible Assets	2,697	3,596	4,795	6,393	8,524	11,365	15,153	6,336	2,848	3,797	5,062	6,750	9,000
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,697	3,596	4,795	6,393	8,524	11,365	15,153	6,336	2,848	3,797	5,062	6,750	9,000
Stock & work in progress	2,241	2,241	1,611	1,611	1,611	1,611	1,611	1,611	1,611	1,611	3,885	2,685	2,441
Trade Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Group Debtors	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
Cash	6,456	6,014	18,100	13,746	879	3,775	4,661	4,646	8,334	8,282	10,205	25,128	50,855
misc current assets	9	0	0	257	0	0	0	0	0	0	0	0	0
total current assets	8,706	8,255	19,711	15,614	2,490	5,386	6,272	6,257	9,945	9,893	14,090	27,813	53,296
total assets	11,403	11,851	24,506	22,007	11,014	16,751	21,425	12,593	12,793	13,690	19,152	34,563	62,296
Bank overdraft	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
Trade Creditors	3,136	4,274	4,274	4,274	4,274	4,274	4,274	4,274	44,296	34,624	23,094	47,908	60,680
Group/Directors Accounts	0	0	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	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	68,008	8,749	14,457	70,142	68,428	77,207	71,743	47,570	0	0	0	0	0
total current liabilities	71,144	13,023	18,731	74,416	72,702	81,481	76,017	51,844	44,296	34,624	23,094	47,908	60,680
loans	29,591	40,239	50,000	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
Accruals and Deferred Income	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
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	29,591	40,239	50,000	0	0	0	0	0	0	0	0	0	0
total liabilities	100,735	53,262	68,731	74,416	72,702	81,481	76,017	51,844	44,296	34,624	23,094	47,908	60,680
net assets	-89,332	-41,411	-44,225	-52,409	-61,688	-64,730	-54,592	-39,251	-31,503	-20,934	-3,942	-13,345	1,616
total shareholders funds	-89,332	-41,411	-44,225	-52,409	-61,688	-64,730	-54,592	-39,251	-31,503	-20,934	-3,942	-13,345	1,616

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011
Operating Activities
Operating Profit	-44,535	6,512	11,613	11,448	3,738	-10,159	-15,353	-7,780	-10,611	-17,038	12,123	-15,151	2,055
Depreciation	899	1,199	1,598	2,131	2,841	3,788	5,051	2,112	949	1,265	1,688	2,250	3,000
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-660	-1,920	-2,177	-714	0	0	0	0	0	-2,809	0	-567
Stock	0	630	0	0	0	0	0	0	0	-2,274	1,200	244	2,441
Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Creditors	-1,138	0	0	0	0	0	0	-40,022	9,672	11,530	-24,814	-12,772	60,680
Accruals and Deferred Income	59,259	-5,708	-55,685	1,714	-8,779	5,464	24,173	47,570	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	14,485	713	-44,394	13,116	-2,914	-907	13,871	1,880	10	-1,969	-15,012	-25,917	62,727
Investing Activities
capital expenditure	0	0	0	0	0	0	-13,868	-5,600	0	0	0	0	-12,000
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	-13,868	-5,600	0	0	0	0	-12,000
Financing Activities
Bank loans	0	0	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	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-10,648	-9,761	50,000	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
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	1
interest	-3,385	-3,037	-1,509	7	17	21	12	32	42	46	88	190	127
cash flow from financing	-14,033	-12,798	48,491	7	17	21	12	32	42	46	88	190	128
cash and cash equivalents
cash	442	-12,086	4,354	12,867	-2,896	-886	15	-3,688	52	-1,923	-14,923	-25,727	50,855
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	442	-12,086	4,354	12,867	-2,896	-886	15	-3,688	52	-1,923	-14,923	-25,727	50,855

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for adept bars & events limited. Get real-time insights into adept bars & events limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for adept bars & events limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SO15 area or any other competitors across 12 key performance metrics.

ADEPT BARS & EVENTS LIMITED group structure

Adept Bars & Events Limited has no subsidiary companies.

Ultimate parent company

ADEPT BARS & EVENTS LIMITED

07251256

ADEPT BARS & EVENTS LIMITED Shareholders

david strydom

100%

Adept Bars & Events Limited currently has 1 director, Mr David Strydom serving since May 2010.

officer	country	age	start	end	role
Mr David Strydom	England	64 years	May 2010	-	Director

P&L

May 2023

turnover

105.8k

+36%

operating profit

-44.5k

gross margin

58.2%

-2.29%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2023

net assets

-89.3k

+1.16%

total assets

11.4k

-0.04%

cash

6.5k

+0.07%

net assets

Total assets minus all liabilities

Similar Companies

the railway (christchurch) limited

1.5

3.5

company number

07251256

Type

Private limited with Share Capital

industry

56302 - Public houses and bars

incorporation date

May 2010

ultimate parent company

None

previous names

N/A

address

104 solent business centre, millbrook road west, southampton, SO15 0HW

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 adept bars & events 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.

Click to start generating capital raising & share issue transactions for ADEPT BARS & EVENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

adept bars & events limited Company Information

adept bars & events limited Estimated Valuation

adept bars & events limited Estimated Valuation

adept bars & events limited Estimated Valuation

Adept Bars & Events Limited Overview

Adept Bars & Events Limited Health Check

ADEPT BARS & EVENTS LIMITED financials

adept bars & events limited Credit Report and Business Information

Adept Bars & Events Limited Competitor Analysis

adept bars & events limited Ownership

adept bars & events limited directors

adept bars & events limited company details

adept bars & events limited Charges & Mortgages

adept bars & events limited Capital Raised & Share Issues BETA

adept bars & events limited Companies House Filings - See Documents