the ocean fish bar limited
the ocean fish bar limited Company Information
Company Number
07587921
Registered Address
1 the concourse, the hyde, london, NW9 5XB
Industry
Take away food shops and mobile food stands
Telephone
01472603590
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
fiona wong 50%
manyu lau 50%
the ocean fish bar limited Estimated Valuation
Pomanda estimates the enterprise value of THE OCEAN FISH BAR LIMITED at £24.7k based on a Turnover of £62.2k and 0.4x industry multiple (adjusted for size and gross margin).
the ocean fish bar limited Estimated Valuation
Pomanda estimates the enterprise value of THE OCEAN FISH BAR LIMITED at £0 based on an EBITDA of £-2.1k and a 3.56x industry multiple (adjusted for size and gross margin).
the ocean fish bar limited Estimated Valuation
Pomanda estimates the enterprise value of THE OCEAN FISH BAR LIMITED at £0 based on Net Assets of £-27.6k and 2.27x industry multiple (adjusted for liquidity).
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The Ocean Fish Bar Limited Overview
The Ocean Fish Bar Limited is a live company located in london, NW9 5XB with a Companies House number of 07587921. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in April 2011, it's largest shareholder is fiona wong with a 50% stake. The Ocean Fish Bar Limited is a established, micro sized company, Pomanda has estimated its turnover at £62.2k with low growth in recent years.
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The Ocean Fish Bar Limited Health Check
Pomanda's financial health check has awarded The Ocean Fish Bar Limited 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
1 Regular
7 Weak
Size
annual sales of £62.2k, make it smaller than the average company (£145.4k)
- The Ocean Fish Bar Limited
£145.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.7%)
- The Ocean Fish Bar Limited
6.7% - Industry AVG
Production
with a gross margin of 31.3%, this company has a higher cost of product (54.5%)
- The Ocean Fish Bar Limited
54.5% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (3%)
- The Ocean Fish Bar Limited
3% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - The Ocean Fish Bar Limited
5 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- The Ocean Fish Bar Limited
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £20.7k, this is less efficient (£38.1k)
- The Ocean Fish Bar Limited
£38.1k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (17 days)
- The Ocean Fish Bar Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 191 days, this is slower than average (20 days)
- The Ocean Fish Bar Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Ocean Fish Bar Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Ocean Fish Bar Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1141.3%, this is a higher level of debt than the average (86%)
1141.3% - The Ocean Fish Bar Limited
86% - Industry AVG
THE OCEAN FISH BAR LIMITED financials
The Ocean Fish Bar Limited's latest turnover from April 2023 is estimated at £62.2 thousand and the company has net assets of -£27.6 thousand. According to their latest financial statements, The Ocean Fish Bar Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 55,582 | 59,211 | 59,280 | 54,637 | 53,893 | 61,321 | 64,286 | 60,842 | 76,831 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 19,432 | 23,367 | 19,979 | 21,170 | 20,091 | 20,476 | 25,066 | 25,182 | 29,008 | |||
| Gross Profit | 36,150 | 35,844 | 39,301 | 33,467 | 33,802 | 40,845 | 39,220 | 35,660 | 47,823 | |||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -3,928 | -6,338 | -2,442 | -10,754 | -8,614 | -589 | -424 | -7,508 | 525 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | -3,928 | -6,338 | -2,442 | -10,754 | -8,614 | -589 | -424 | -7,508 | 525 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -3,928 | -6,338 | -2,442 | -10,754 | -8,614 | -589 | -424 | -7,508 | 525 | |||
| Employee Costs | 23,862 | 24,384 | 22,944 | 24,828 | 23,710 | 22,880 | 20,306 | 22,307 | 29,432 | |||
| Number Of Employees | 3 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,615 | 1,580 | 5,456 | 3,041 | 2,370 | 2,027 | 2,283 | 2,024 | 448 | 1,556 | 6,276 | 2,550 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,038 | 1,375 | 2,355 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 2,801 | 1,569 | 524 | 243 | 695 | 1,067 | 1,564 | 1,270 | 1,841 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,653 | 2,955 | 7,811 | 5,842 | 3,939 | 2,551 | 2,526 | 2,719 | 1,515 | 3,120 | 7,546 | 4,391 |
| total assets | 2,653 | 2,955 | 7,811 | 5,842 | 3,939 | 2,551 | 2,526 | 2,719 | 1,515 | 3,120 | 7,546 | 4,391 |
| Bank overdraft | 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 |
| Trade Creditors | 22,443 | 27,873 | 39,133 | 46,025 | 40,194 | 32,468 | 30,001 | 19,440 | 9,622 | 10,638 | 14,640 | 3,864 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 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 |
| total current liabilities | 22,443 | 27,873 | 39,133 | 46,025 | 40,194 | 32,468 | 30,001 | 19,440 | 9,622 | 10,638 | 14,640 | 3,864 |
| loans | 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 |
| Accruals and Deferred Income | 7,836 | 626 | 67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 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 |
| total long term liabilities | 7,836 | 626 | 67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 30,279 | 28,499 | 39,200 | 46,025 | 40,194 | 32,468 | 30,001 | 19,440 | 9,622 | 10,638 | 14,640 | 3,864 |
| net assets | -27,626 | -25,544 | -31,389 | -40,183 | -36,255 | -29,917 | -27,475 | -16,721 | -8,107 | -7,518 | -7,094 | 527 |
| total shareholders funds | -27,626 | -25,544 | -31,389 | -40,183 | -36,255 | -29,917 | -27,475 | -16,721 | -8,107 | -7,518 | -7,094 | 527 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -302 | -4,856 | 4,770 | 671 | 343 | -256 | 259 | 1,576 | -1,108 | -4,720 | 3,726 | 2,550 |
| Creditors | -5,430 | -11,260 | -6,892 | 5,831 | 7,726 | 2,467 | 10,561 | 9,818 | -1,016 | -4,002 | 10,776 | 3,864 |
| Accruals and Deferred Income | 7,210 | 559 | 67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -113 | 2 | |||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | -2,801 | 1,232 | 1,045 | 281 | -452 | -372 | -497 | 294 | -571 | 1,841 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -2,801 | 1,232 | 1,045 | 281 | -452 | -372 | -497 | 294 | -571 | 1,841 |
the ocean fish bar limited Credit Report and Business Information
The Ocean Fish Bar Limited Competitor Analysis
Perform a competitor analysis for the ocean fish bar limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NW9 area or any other competitors across 12 key performance metrics.
the ocean fish bar limited Ownership
THE OCEAN FISH BAR LIMITED group structure
The Ocean Fish Bar Limited has no subsidiary companies.
Ultimate parent company
THE OCEAN FISH BAR LIMITED
07587921
the ocean fish bar limited directors
The Ocean Fish Bar Limited currently has 2 directors. The longest serving directors include Miss Fiona Wong (Apr 2015) and Manyu Lau (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Fiona Wong | 36 years | Apr 2015 | - | Director | |
| Manyu Lau | United Kingdom | 47 years | Feb 2016 | - | Director |
P&L
April 2023turnover
62.2k
+23%
operating profit
-2.1k
0%
gross margin
31.3%
-9.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-27.6k
+0.08%
total assets
2.7k
-0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
the ocean fish bar limited company details
company number
07587921
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
April 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1 the concourse, the hyde, london, NW9 5XB
last accounts submitted
April 2023
the ocean fish bar 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 the ocean fish bar limited.
the ocean fish bar limited Companies House Filings - See Documents
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