the london cocktail club ltd
the london cocktail club ltd Company Information
Company Number
07438012
Registered Address
119 wardour street, london, W1F 0UW
Industry
Public houses and bars
Telephone
02075801960
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
nightcap ltd 100%
the london cocktail club ltd Estimated Valuation
Pomanda estimates the enterprise value of THE LONDON COCKTAIL CLUB LTD at £13.2m based on a Turnover of £14.4m and 0.92x industry multiple (adjusted for size and gross margin).
the london cocktail club ltd Estimated Valuation
Pomanda estimates the enterprise value of THE LONDON COCKTAIL CLUB LTD at £2.8m based on an EBITDA of £398.9k and a 7.05x industry multiple (adjusted for size and gross margin).
the london cocktail club ltd Estimated Valuation
Pomanda estimates the enterprise value of THE LONDON COCKTAIL CLUB LTD at £0 based on Net Assets of £-1.1m and 1.83x industry multiple (adjusted for liquidity).
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The London Cocktail Club Ltd Overview
The London Cocktail Club Ltd is a live company located in london, W1F 0UW with a Companies House number of 07438012. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 2010, it's largest shareholder is nightcap ltd with a 100% stake. The London Cocktail Club Ltd is a established, mid sized company, Pomanda has estimated its turnover at £14.4m with rapid growth in recent years.
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The London Cocktail Club Ltd Health Check
Pomanda's financial health check has awarded The London Cocktail Club Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £14.4m, make it larger than the average company (£437.6k)
£14.4m - The London Cocktail Club Ltd
£437.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (5.3%)
- The London Cocktail Club Ltd
5.3% - Industry AVG
Production
with a gross margin of 79.5%, this company has a lower cost of product (55.8%)
79.5% - The London Cocktail Club Ltd
55.8% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (5.8%)
-3.7% - The London Cocktail Club Ltd
5.8% - Industry AVG
Employees
with 255 employees, this is above the industry average (11)
255 - The London Cocktail Club Ltd
11 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has a higher pay structure (£14.9k)
£18.9k - The London Cocktail Club Ltd
£14.9k - Industry AVG
Efficiency
resulting in sales per employee of £56.4k, this is more efficient (£46.5k)
£56.4k - The London Cocktail Club Ltd
£46.5k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (9 days)
6 days - The London Cocktail Club Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 163 days, this is slower than average (49 days)
163 days - The London Cocktail Club Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is more than average (16 days)
41 days - The London Cocktail Club Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - The London Cocktail Club Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113.9%, this is a higher level of debt than the average (83%)
113.9% - The London Cocktail Club Ltd
83% - Industry AVG
THE LONDON COCKTAIL CLUB LTD financials
The London Cocktail Club Ltd's latest turnover from July 2023 is £14.4 million and the company has net assets of -£1.1 million. According to their latest financial statements, The London Cocktail Club Ltd has 255 employees and maintains cash reserves of £694.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,380,510 | 10,631,508 | 4,155,755 | 3,724,885 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 2,947,909 | 2,210,435 | 1,912,985 | 1,812,822 | |||||||||
| Gross Profit | 11,432,601 | 8,421,073 | 2,242,770 | 1,912,063 | |||||||||
| Admin Expenses | 11,964,706 | 8,219,237 | 1,953,791 | 1,648,545 | |||||||||
| Operating Profit | -532,105 | 201,836 | 288,979 | 263,518 | |||||||||
| Interest Payable | 189,086 | 62,874 | 7,298 | 8,933 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | -721,191 | 138,962 | 239,578 | 254,585 | |||||||||
| Tax | -273,314 | -82,762 | -10,478 | -26,454 | |||||||||
| Profit After Tax | -994,505 | 56,200 | 229,100 | 228,131 | |||||||||
| Dividends Paid | 0 | 0 | 18,300 | 0 | |||||||||
| Retained Profit | -994,505 | 56,200 | 210,800 | 228,131 | |||||||||
| Employee Costs | 4,823,752 | 3,558,076 | |||||||||||
| Number Of Employees | 255 | 150 | 85 | 63 | 84 | 69 | 60 | 50 | |||||
| EBITDA* | 398,932 | 1,129,209 | 389,853 | 351,181 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,513,687 | 4,350,508 | 2,026,934 | 2,314,174 | 2,260,987 | 1,690,866 | 1,126,347 | 627,022 | 628,047 | 310,217 | 145,434 | 161,451 | 126,472 |
| Intangible Assets | 45,275 | 47,982 | 14,513 | 7,318 | 7,795 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 248 | 248 | 248 | 248 | 248 | 248 | 248 | 248 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 373,020 | 234,140 | 158,020 | 239,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,932,230 | 4,632,878 | 2,199,715 | 2,561,360 | 2,269,030 | 1,691,114 | 1,126,595 | 627,270 | 628,047 | 310,217 | 145,434 | 161,451 | 126,472 |
| Stock & work in progress | 337,722 | 244,813 | 129,756 | 125,900 | 92,339 | 67,382 | 57,538 | 46,961 | 47,234 | 23,442 | 15,359 | 14,631 | 3,224 |
| Trade Debtors | 274,002 | 238,190 | 73,738 | 21,676 | 164,612 | 71,241 | 57,280 | 94,545 | 271,093 | 307,252 | 118,899 | 64,837 | 13,536 |
| Group Debtors | 26,803 | 35,958 | 0 | 0 | 0 | 276,476 | 160,180 | 104,313 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 650,080 | 516,019 | 197,392 | 308,287 | 606,108 | 462,453 | 307,901 | 216,345 | 0 | 0 | 0 | 0 | 0 |
| Cash | 694,079 | 51,587 | 581,026 | 255,949 | 211,891 | 321,608 | 49,109 | 30,329 | 34,145 | 29,230 | 146,204 | 95,412 | 95,840 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,982,686 | 1,086,567 | 981,912 | 711,812 | 1,074,950 | 1,199,160 | 632,008 | 492,493 | 352,472 | 359,924 | 280,462 | 174,880 | 112,600 |
| total assets | 7,914,916 | 5,719,445 | 3,181,627 | 3,273,172 | 3,343,980 | 2,890,274 | 1,758,603 | 1,119,763 | 980,519 | 670,141 | 425,896 | 336,331 | 239,072 |
| Bank overdraft | 0 | 0 | 1,479,130 | 1,161,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 388,113 | 0 | 0 | 374,756 | 230,884 | 72,529 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,322,694 | 1,127,615 | 494,449 | 605,946 | 529,673 | 303,244 | 192,801 | 208,572 | 415,379 | 382,604 | 170,774 | 112,620 | 87,757 |
| Group/Directors Accounts | 2,513,550 | 2,505,435 | 312,570 | 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 | 2,097,223 | 1,056,242 | 1,014,554 | 634,483 | 812,677 | 525,800 | 335,117 | 254,441 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,933,467 | 5,077,405 | 3,300,703 | 2,402,043 | 1,717,106 | 1,059,928 | 600,447 | 463,013 | 415,379 | 382,604 | 170,774 | 112,620 | 87,757 |
| loans | 2,569,060 | 599,473 | 0 | 497,752 | 810,864 | 643,942 | 290,606 | 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 | 136,769 | 14,611 | 0 | 54,000 | 54,000 |
| provisions | 511,733 | 147,406 | 41,963 | 92,240 | 108,128 | 108,132 | 0 | 0 | 0 | 0 | 10,996 | 13,383 | 10,334 |
| total long term liabilities | 3,080,793 | 746,879 | 41,963 | 589,992 | 918,992 | 752,074 | 290,606 | 0 | 136,769 | 14,611 | 10,996 | 67,383 | 64,334 |
| total liabilities | 9,014,260 | 5,824,284 | 3,342,666 | 2,992,035 | 2,636,098 | 1,812,002 | 891,053 | 463,013 | 552,148 | 397,215 | 181,770 | 180,003 | 152,091 |
| net assets | -1,099,344 | -104,839 | -161,039 | 281,137 | 707,882 | 1,078,272 | 867,550 | 656,750 | 428,371 | 272,926 | 244,126 | 156,328 | 86,981 |
| total shareholders funds | -1,099,344 | -104,839 | -161,039 | 281,137 | 707,882 | 1,078,272 | 867,550 | 656,750 | 428,371 | 272,926 | 244,126 | 156,328 | 86,981 |
| Jul 2023 | Jul 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | -532,105 | 201,836 | 288,979 | 263,518 | |||||||||
| Depreciation | 918,429 | 918,317 | 492,219 | 468,384 | 360,242 | 236,691 | 100,874 | 87,663 | 52,109 | 21,425 | 16,554 | 6,907 | |
| Amortisation | 12,608 | 9,056 | 2,080 | 1,577 | 483 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -273,314 | -82,762 | -10,478 | -26,454 | |||||||||
| Stock | 92,909 | 115,057 | 3,856 | 33,561 | 24,957 | 9,844 | 10,577 | -273 | 23,792 | 8,083 | 728 | 11,407 | 3,224 |
| Debtors | 299,598 | 595,157 | -140,433 | -201,137 | -39,450 | 284,809 | 110,158 | 144,110 | -36,159 | 188,353 | 54,062 | 51,301 | 13,536 |
| Creditors | 195,079 | 633,166 | -111,497 | 76,273 | 226,429 | 110,443 | -15,771 | -206,807 | 32,775 | 211,830 | 58,154 | 24,863 | 87,757 |
| Accruals and Deferred Income | 1,040,981 | 41,688 | 380,071 | -178,194 | 286,877 | 190,683 | 80,676 | 254,441 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 364,327 | 105,443 | -50,277 | -15,888 | -4 | 108,132 | 0 | 0 | 0 | -10,996 | -2,387 | 3,049 | 10,334 |
| Cash flow from operations | 1,333,498 | 1,116,530 | 323,545 | 228,524 | |||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 248 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | -388,113 | 388,113 | 0 | -374,756 | 143,872 | 158,355 | 72,529 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,115 | 2,192,865 | 312,570 | 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 | 1,969,587 | 599,473 | -497,752 | -313,112 | 166,922 | 353,336 | 290,606 | 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 | -136,769 | 122,158 | 14,611 | -54,000 | 0 | 54,000 |
| share issue | |||||||||||||
| interest | -189,086 | -62,874 | -7,298 | -8,933 | |||||||||
| cash flow from financing | 1,400,503 | 3,117,577 | 355,837 | -145,454 | |||||||||
| cash and cash equivalents | |||||||||||||
| cash | 642,492 | -529,439 | 325,077 | 44,058 | -109,717 | 272,499 | 18,780 | -3,816 | 4,915 | -116,974 | 50,792 | -428 | 95,840 |
| overdraft | 0 | -1,479,130 | 317,516 | 1,161,614 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 642,492 | 949,691 | 7,561 | -1,117,556 | -109,717 | 272,499 | 18,780 | -3,816 | 4,915 | -116,974 | 50,792 | -428 | 95,840 |
the london cocktail club ltd Credit Report and Business Information
The London Cocktail Club Ltd Competitor Analysis
Perform a competitor analysis for the london cocktail club ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in W1F area or any other competitors across 12 key performance metrics.
the london cocktail club ltd Ownership
THE LONDON COCKTAIL CLUB LTD group structure
The London Cocktail Club Ltd has 5 subsidiary companies.
Ultimate parent company
1 parent
THE LONDON COCKTAIL CLUB LTD
07438012
5 subsidiaries
the london cocktail club ltd directors
The London Cocktail Club Ltd currently has 3 directors. The longest serving directors include Mr John Goodman (Nov 2010) and Mrs Sarah Willingham-Toxvaerd (Dec 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Goodman | 40 years | Nov 2010 | - | Director | |
| Mrs Sarah Willingham-Toxvaerd | 50 years | Dec 2010 | - | Director | |
| Mr Michael Willingham-Toxvaerd | 50 years | Jan 2021 | - | Director |
P&L
July 2023turnover
14.4m
+35%
operating profit
-532.1k
-364%
gross margin
79.6%
+0.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-1.1m
+9.49%
total assets
7.9m
+0.38%
cash
694.1k
+12.45%
net assets
Total assets minus all liabilities
Similar Companies
the london cocktail club ltd company details
company number
07438012
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
November 2010
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2023
previous names
mc 489 limited (October 2011)
accountant
-
auditor
PKF FRANCIS CLARK
address
119 wardour street, london, W1F 0UW
Bank
-
Legal Advisor
-
the london cocktail club 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 found 4 charges/mortgages relating to the london cocktail club ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
the london cocktail club ltd Companies House Filings - See Documents
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