Pomanda estimates the enterprise value of CAROUSEL BARS LIMITED at £266.5k based on a Turnover of £529.3k and 0.5x industry multiple (adjusted for size and gross margin).
carousel bars limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of CAROUSEL BARS LIMITED at £1.5m based on an EBITDA of £395k and a 3.75x industry multiple (adjusted for size and gross margin).
carousel bars limitedEstimated Valuation
£3.1m
Pomanda estimates the enterprise value of CAROUSEL BARS LIMITED at £3.1m based on Net Assets of £1.1m and 2.85x industry multiple (adjusted for liquidity).
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Carousel Bars LimitedOverview
Carousel Bars Limited is a live company located in portsmouth, PO6 1RU with a Companies House number of 07789196. It operates in the event catering activities sector, SIC Code 56210. Founded in September 2011, it's largest shareholder is
joseph arthur manning
with a 48% stake. Carousel Bars Limited is a established,
small sized company, Pomanda has estimated its turnover at
£529.3k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Carousel Bars Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
2 Weak
Size
annual sales of £529.3k, make it in line with the average company (£638.7k)
£529.3k - Carousel Bars Limited
£638.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (8%)
33% - Carousel Bars Limited
8% - Industry AVG
Production
with a gross margin of 42.6%, this company has a comparable cost of product (42.6%)
42.6% - Carousel Bars Limited
42.6% - Industry AVG
Profitability
an operating margin of 55.9% make it more profitable than the average company (6.1%)
55.9% - Carousel Bars Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
3 - Carousel Bars Limited
11 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£18.9k)
£18.9k - Carousel Bars Limited
£18.9k - Industry AVG
Efficiency
resulting in sales per employee of £176.4k, this is more efficient (£60.5k)
£176.4k - Carousel Bars Limited
£60.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Carousel Bars Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 182 days, this is slower than average (28 days)
182 days - Carousel Bars Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (8 days)
12 days - Carousel Bars Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 55 weeks, this is more cash available to meet short term requirements (24 weeks)
55 weeks - Carousel Bars Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.2%, this is a lower level of debt than the average (78.6%)
18.2% - Carousel Bars Limited
78.6% - Industry AVG
CAROUSEL BARS LIMITED financials
EXPORT
Carousel Bars Limited's latest turnover from September 2023 is estimated at £529.3 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Carousel Bars Limited has 3 employees and maintains cash reserves of £253.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Turnover
529,277
244,279
138,314
225,600
434,927
1,476,719
3,151,298
313,425
1,724,737
90,362
44,217
156,427
Other Income Or Grants
Cost Of Sales
304,036
147,940
94,856
145,608
251,149
837,496
1,720,550
171,365
953,615
53,151
24,484
87,164
Gross Profit
225,242
96,339
43,457
79,991
183,778
639,224
1,430,747
142,060
771,122
37,211
19,733
69,263
Admin Expenses
-70,413
-281,984
122,176
-22,142
33,299
640,179
1,430,378
-14,485
615,243
-121,870
-13,838
27,365
Operating Profit
295,655
378,323
-78,719
102,133
150,479
-955
369
156,545
155,879
159,081
33,571
41,898
Interest Payable
10,965
8,108
102
1,608
1,506
Interest Receivable
9,250
4,049
234
165
674
1,093
592
503
491
130
65
20
Pre-Tax Profit
304,905
371,407
-86,592
102,298
151,153
138
960
157,048
156,268
157,603
32,130
41,918
Tax
-76,226
-70,567
-19,437
-28,719
-26
-182
-31,409
-31,253
-33,097
-7,390
-10,060
Profit After Tax
228,679
300,840
-86,592
82,861
122,434
112
778
125,638
125,014
124,506
24,740
31,858
Dividends Paid
Retained Profit
228,679
300,840
-86,592
82,861
122,434
112
778
125,638
125,014
124,506
24,740
31,858
Employee Costs
56,808
53,703
51,688
86,611
86,922
433,660
958,753
90,182
396,705
38,222
18,998
58,861
Number Of Employees
3
3
3
5
5
25
52
5
21
2
1
3
EBITDA*
395,034
603,444
-78,719
326,475
458,347
233,809
388,070
404,811
700,143
181,272
33,571
41,898
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Tangible Assets
1,057,914
1,025,555
1,068,304
1,021,304
1,221,149
1,489,017
1,834,112
622,598
634,605
542,764
417,732
97,288
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,057,914
1,025,555
1,068,304
1,021,304
1,221,149
1,489,017
1,834,112
622,598
634,605
542,764
417,732
97,288
Stock & work in progress
10,000
10,000
5,000
5,000
5,000
12,000
12,000
3,500
2,500
Trade Debtors
27,593
21,219
18,000
54,000
968
Group Debtors
Misc Debtors
558
577
Cash
253,176
99,219
260,736
207,517
122,100
57,762
233,690
239,763
162,279
33,999
17,802
8,018
misc current assets
2,000
11,391
total current assets
263,176
136,812
287,513
213,094
127,100
69,762
245,690
257,763
218,279
45,390
21,302
11,486
total assets
1,321,090
1,162,367
1,355,817
1,234,398
1,348,249
1,558,779
2,079,802
880,361
852,884
588,154
439,034
108,774
Bank overdraft
265,820
Bank loan
Trade Creditors
151,750
57,403
35,141
127,563
370,918
761,019
65,728
546,764
13,240
4,352
76,914
Group/Directors Accounts
18,952
169,718
228,564
319,291
319,291
319,291
282,324
275,745
353,407
317,552
other short term finances
3,145
46,325
hp & lease commitments
8,665
24,932
232,001
100,773
130,443
134,590
133,892
20,762
other current liabilities
57,964
48,012
49,413
47,540
32,279
12,752
60,804
75,900
37,256
14,205
total current liabilities
237,331
300,065
775,798
502,745
609,576
837,551
1,238,039
438,135
546,764
407,048
382,434
76,914
loans
hp & lease commitments
2,889
10,111
28,668
93,710
183,591
288,580
409,227
10,468
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
2,889
10,111
28,668
93,710
183,591
288,580
409,227
10,468
total liabilities
240,220
310,176
804,466
596,455
793,167
1,126,131
1,647,266
448,603
546,764
407,048
382,434
76,914
net assets
1,080,870
852,191
551,351
637,943
555,082
432,648
432,536
431,758
306,120
181,106
56,600
31,860
total shareholders funds
1,080,870
852,191
551,351
637,943
555,082
432,648
432,536
431,758
306,120
181,106
56,600
31,860
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Operating Activities
Operating Profit
295,655
378,323
-78,719
102,133
150,479
-955
369
156,545
155,879
159,081
33,571
41,898
Depreciation
99,379
225,121
224,342
307,868
234,764
387,701
248,266
544,264
22,191
Amortisation
Tax
-76,226
-70,567
-19,437
-28,719
-26
-182
-31,409
-31,253
-33,097
-7,390
-10,060
Stock
5,000
-7,000
12,000
-3,500
1,000
2,500
Debtors
-27,593
5,816
21,200
577
-18,000
-36,000
54,000
-968
968
Creditors
94,347
57,403
-35,141
-92,422
-243,355
-390,101
695,291
-481,036
533,524
8,888
-72,562
76,914
Accruals and Deferred Income
9,952
-1,401
1,873
15,261
19,527
-48,052
-15,096
75,900
-37,256
23,051
14,205
Deferred Taxes & Provisions
Cash flow from operations
450,700
578,063
-133,187
229,300
212,800
-204,370
1,074,083
4,266
1,111,158
183,614
-32,208
105,284
Investing Activities
capital expenditure
-131,738
-182,372
-47,000
-24,497
-40,000
110,331
-1,599,215
-236,259
-636,105
-147,223
-320,444
-97,288
Change in Investments
cash flow from investments
-131,738
-182,372
-47,000
-24,497
-40,000
110,331
-1,599,215
-236,259
-636,105
-147,223
-320,444
-97,288
Financing Activities
Bank loans
Group/Directors Accounts
-150,766
-58,846
-90,727
36,967
6,579
275,745
-353,407
35,855
317,552
Other Short Term Loans
-3,145
-43,180
46,325
Long term loans
Hire Purchase and Lease Commitments
-23,489
-225,626
66,186
-119,551
-109,136
-119,949
511,889
31,230
other long term liabilities
share issue
2
interest
9,250
-6,916
-7,874
165
674
1,093
592
503
389
-1,478
-1,441
20
cash flow from financing
-165,005
-291,388
-32,415
-119,386
-108,462
-81,889
519,060
307,478
-356,163
-8,803
362,436
22
cash and cash equivalents
cash
153,957
-161,517
53,219
85,417
64,338
-175,928
-6,073
77,484
128,280
16,197
9,784
8,018
overdraft
-265,820
265,820
change in cash
153,957
104,303
-212,601
85,417
64,338
-175,928
-6,073
77,484
128,280
16,197
9,784
8,018
carousel bars 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 carousel bars limited. Get real-time insights into carousel bars limited's credit score, group structure and payment trends.
Perform a competitor analysis for carousel bars limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in PO6 area or any other competitors across 12 key performance metrics.
carousel bars limited Ownership
CAROUSEL BARS LIMITED group structure
Carousel Bars Limited has no subsidiary companies.
Ultimate parent company
CAROUSEL BARS LIMITED
07789196
CAROUSEL BARS LIMITED Shareholders
The largest shareholders in Carousel Bars Limited include Joseph Arthur Manning and William James Frank Thurston.
joseph arthur manning
48.04%
william james frank thurston
29.41%
william patrick thurston
19.61%
alexandra manning
1.96%
lillian eliza thurston
0.98%
carousel bars limited directors
Carousel Bars Limited currently has 2 directors.
The longest serving directors include
Mr William Thurston (Sep 2011) and
Mr Joseph Manning (Aug 2020).
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 1 charges/mortgages relating to carousel bars limited. Currently there are 0 open charges and 1 have been satisfied in the past.
carousel bars limited Capital Raised & Share Issues BETA
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 CAROUSEL BARS LIMITED. This can take several minutes, an email will notify you when this has completed.
carousel bars limitedCompanies House Filings - See Documents
