more restaurants limited
more restaurants limited Company Information
Company Number
07615805
Website
www.morerestaurants.co.ukRegistered Address
1st floor, fairclough house, church street, chorley, lancashire, PR7 4EX
Industry
Licensed restaurants
Telephone
01162250000
Next Accounts Due
999 days late
Group Structure
View All
Directors
Manoj Keshavji12 Years
Shareholders
manoj keshavji 50%
leela keshavji 50%
more restaurants limited Estimated Valuation
The estimated valuation range for more restaurants limited, derived from financial data as of October 2019 and the most recent industry multiples, is between £275.3k to £599k
more restaurants limited Estimated Valuation
The estimated valuation range for more restaurants limited, derived from financial data as of October 2019 and the most recent industry multiples, is between £275.3k to £599k
more restaurants limited Estimated Valuation
The estimated valuation range for more restaurants limited, derived from financial data as of October 2019 and the most recent industry multiples, is between £275.3k to £599k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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More Restaurants Limited Overview
More Restaurants Limited is a live company located in chorley, PR7 4EX with a Companies House number of 07615805. It operates in the licenced restaurants sector, SIC Code 56101. Founded in April 2011, it's largest shareholder is manoj keshavji with a 50% stake. More Restaurants Limited is a established, small sized company, Pomanda has estimated its turnover at £807.3k with declining growth in recent years.
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More Restaurants Limited Health Check
Pomanda's financial health check has awarded More Restaurants Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £807.3k, make it smaller than the average company (£1.2m)
- More Restaurants Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (3.9%)
- More Restaurants Limited
3.9% - Industry AVG
Production
with a gross margin of 59.9%, this company has a comparable cost of product (59.9%)
- More Restaurants Limited
59.9% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (2.8%)
- More Restaurants Limited
2.8% - Industry AVG
Employees
with 21 employees, this is below the industry average (60)
21 - More Restaurants Limited
60 - Industry AVG
Pay Structure
on an average salary of £17.8k, the company has an equivalent pay structure (£17.8k)
- More Restaurants Limited
£17.8k - Industry AVG
Efficiency
resulting in sales per employee of £38.4k, this is less efficient (£46.3k)
- More Restaurants Limited
£46.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- More Restaurants Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 194 days, this is slower than average (47 days)
- More Restaurants Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is more than average (13 days)
- More Restaurants Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - More Restaurants Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.2%, this is a similar level of debt than the average (88.6%)
83.2% - More Restaurants Limited
88.6% - Industry AVG
more restaurants limited Credit Report and Business Information
More Restaurants Limited Competitor Analysis
Perform a competitor analysis for more restaurants limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
more restaurants limited Ownership
MORE RESTAURANTS LIMITED group structure
More Restaurants Limited has no subsidiary companies.
Ultimate parent company
MORE RESTAURANTS LIMITED
07615805
more restaurants limited directors
More Restaurants Limited currently has 1 director, Mr Manoj Keshavji serving since Apr 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manoj Keshavji | England | 57 years | Apr 2011 | - | Director |
MORE RESTAURANTS LIMITED financials
More Restaurants Limited's latest turnover from October 2019 is estimated at £807.3 thousand and the company has net assets of £91.3 thousand. According to their latest financial statements, More Restaurants Limited has 21 employees and maintains cash reserves of £12.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 21 | 20 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 470,261 | 377,463 | 278,659 | 266,696 | 258,117 | 290,976 | 337,650 | 387,229 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 470,261 | 377,463 | 278,659 | 266,696 | 258,117 | 290,976 | 337,650 | 387,229 | 0 |
| Stock & work in progress | 17,928 | 19,555 | 0 | 30,218 | 25,444 | 20,212 | 15,458 | 21,986 | 0 |
| Trade Debtors | 0 | 0 | 88,596 | 51,663 | 42,965 | 56,049 | 26,509 | 6,689 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 41,233 | 41,233 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 12,880 | 9,639 | 0 | 15,051 | 70,752 | 32,515 | 24,953 | 35,944 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 72,041 | 70,427 | 88,596 | 96,932 | 139,161 | 108,776 | 66,920 | 64,619 | 0 |
| total assets | 542,302 | 447,890 | 367,255 | 363,628 | 397,278 | 399,752 | 404,570 | 451,848 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 172,393 | 10,039 | 188,965 | 238,715 | 318,088 | 331,362 | 390,554 | 441,113 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 278,575 | 305,646 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 450,968 | 315,685 | 188,965 | 238,715 | 318,088 | 331,362 | 390,554 | 441,113 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 21,820 | 30,576 | 24,624 | 16,604 | 15,485 | 0 | 0 | 0 |
| total long term liabilities | 0 | 21,820 | 30,576 | 24,624 | 16,604 | 15,485 | 0 | 0 | 0 |
| total liabilities | 450,968 | 337,505 | 219,541 | 263,339 | 334,692 | 346,847 | 390,554 | 441,113 | 0 |
| net assets | 91,334 | 110,385 | 147,714 | 100,289 | 62,586 | 52,905 | 14,016 | 10,735 | 0 |
| total shareholders funds | 91,334 | 110,385 | 147,714 | 100,289 | 62,586 | 52,905 | 14,016 | 10,735 | 0 |
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 82,987 | 66,613 | 47,064 | 45,550 | 51,349 | 59,585 | 68,335 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | -1,627 | 19,555 | -30,218 | 4,774 | 5,232 | 4,754 | -6,528 | 21,986 | 0 |
| Debtors | 0 | -47,363 | 36,933 | 8,698 | -13,084 | 29,540 | 19,820 | 6,689 | 0 |
| Creditors | 162,354 | -178,926 | -49,750 | -79,373 | -13,274 | -59,192 | -50,559 | 441,113 | 0 |
| Accruals and Deferred Income | -27,071 | 305,646 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -21,820 | -8,756 | 5,952 | 8,020 | 1,119 | 15,485 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 3,241 | 9,639 | -15,051 | -55,701 | 38,237 | 7,562 | -10,991 | 35,944 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,241 | 9,639 | -15,051 | -55,701 | 38,237 | 7,562 | -10,991 | 35,944 | 0 |
P&L
October 2019turnover
807.3k
+18%
operating profit
-19.1k
0%
gross margin
59.9%
-2.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
91.3k
-0.17%
total assets
542.3k
+0.21%
cash
12.9k
+0.34%
net assets
Total assets minus all liabilities
Similar Companies
more restaurants limited company details
company number
07615805
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
April 2011
age
13
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
1st floor, fairclough house, church street, chorley, lancashire, PR7 4EX
last accounts submitted
October 2019
more restaurants 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 more restaurants limited.
more restaurants limited Companies House Filings - See Documents
| date | description | view/download |
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