barworks (city road) limited
barworks (city road) limited Company Information
Company Number
08121756
Next Accounts
579 days late
Shareholders
urban pubs & bars 3 limited
Group Structure
View All
Industry
Public houses and bars
Registered Address
42 brendon street, london, W1H 5HE
Website
www.barworks.combarworks (city road) limited Estimated Valuation
Pomanda estimates the enterprise value of BARWORKS (CITY ROAD) LIMITED at £230.9k based on a Turnover of £388.4k and 0.59x industry multiple (adjusted for size and gross margin).
barworks (city road) limited Estimated Valuation
Pomanda estimates the enterprise value of BARWORKS (CITY ROAD) LIMITED at £0 based on an EBITDA of £-68.5k and a 4.17x industry multiple (adjusted for size and gross margin).
barworks (city road) limited Estimated Valuation
Pomanda estimates the enterprise value of BARWORKS (CITY ROAD) LIMITED at £0 based on Net Assets of £-369.4k and 1.93x industry multiple (adjusted for liquidity).
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Barworks (city Road) Limited Overview
Barworks (city Road) Limited is a live company located in london, W1H 5HE with a Companies House number of 08121756. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2012, it's largest shareholder is urban pubs & bars 3 limited with a 100% stake. Barworks (city Road) Limited is a established, micro sized company, Pomanda has estimated its turnover at £388.4k with declining growth in recent years.
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Barworks (city Road) Limited Health Check
Pomanda's financial health check has awarded Barworks (City Road) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £388.4k, make it in line with the average company (£383.8k)
- Barworks (city Road) Limited
£383.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (-20.8%)
- Barworks (city Road) Limited
-20.8% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
- Barworks (city Road) Limited
58% - Industry AVG
Profitability
an operating margin of -42.5% make it less profitable than the average company (1.4%)
- Barworks (city Road) Limited
1.4% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (16)
15 - Barworks (city Road) Limited
16 - Industry AVG
Pay Structure
on an average salary of £13k, the company has an equivalent pay structure (£13k)
- Barworks (city Road) Limited
£13k - Industry AVG
Efficiency
resulting in sales per employee of £25.9k, this is equally as efficient (£25.5k)
- Barworks (city Road) Limited
£25.5k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (15 days)
- Barworks (city Road) Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 1005 days, this is slower than average (70 days)
- Barworks (city Road) Limited
70 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is more than average (24 days)
- Barworks (city Road) Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Barworks (city Road) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 168.2%, this is a higher level of debt than the average (81.8%)
168.2% - Barworks (city Road) Limited
81.8% - Industry AVG
BARWORKS (CITY ROAD) LIMITED financials
Barworks (City Road) Limited's latest turnover from November 2021 is estimated at £388.4 thousand and the company has net assets of -£369.4 thousand. According to their latest financial statements, Barworks (City Road) Limited has 15 employees and maintains cash reserves of £12.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,295,221 | ||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 451,709 | ||||||||
| Gross Profit | 843,512 | ||||||||
| Admin Expenses | 934,139 | ||||||||
| Operating Profit | -90,627 | ||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -90,627 | ||||||||
| Tax | 8,747 | ||||||||
| Profit After Tax | -81,880 | ||||||||
| Dividends Paid | |||||||||
| Retained Profit | -81,880 | ||||||||
| Employee Costs | |||||||||
| Number Of Employees | 15 | 20 | 22 | 22 | 20 | 19 | |||
| EBITDA* | -9,604 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 359,727 | 453,261 | 502,864 | 596,503 | 701,889 | 817,943 | 937,385 | ||
| Intangible Assets | 326 | 2,326 | 4,326 | 6,330 | 8,330 | ||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 359,727 | 453,261 | 503,190 | 598,829 | 706,215 | 824,273 | 945,715 | ||
| Stock & work in progress | 37,668 | 37,507 | 41,463 | 39,388 | 34,724 | 32,693 | 35,739 | ||
| Trade Debtors | 4,891 | 219 | 65,894 | 1,000 | |||||
| Group Debtors | |||||||||
| Misc Debtors | 127,658 | 17,830 | 160,333 | 143,245 | 141,080 | 137,978 | |||
| Cash | 12,093 | 27,703 | 72,615 | 73,595 | 37,107 | 13,460 | 32,883 | ||
| misc current assets | |||||||||
| total current assets | 182,310 | 83,040 | 274,411 | 256,228 | 213,130 | 184,131 | 134,516 | 1,000 | |
| total assets | 542,037 | 536,301 | 777,601 | 855,057 | 919,345 | 1,008,404 | 1,080,231 | 1,000 | |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 449,898 | 162,087 | 210,119 | 217,013 | 210,400 | 129,411 | 250,796 | ||
| Group/Directors Accounts | 302,763 | 384,421 | 491,423 | 753,515 | 900,621 | 1,071,800 | |||
| other short term finances | |||||||||
| hp & lease commitments | 18,764 | 28,146 | |||||||
| other current liabilities | 158,787 | 171,817 | 179,909 | 165,059 | 150,990 | 164,988 | |||
| total current liabilities | 911,448 | 718,325 | 881,451 | 1,135,587 | 1,280,775 | 1,394,345 | 250,796 | ||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 18,764 | 1,178,325 | |||||||
| provisions | 22,448 | 18,742 | 21,494 | 6,322 | 10,360 | ||||
| total long term liabilities | 22,448 | 18,742 | 21,494 | 6,322 | 18,764 | 1,188,685 | |||
| total liabilities | 911,448 | 740,773 | 900,193 | 1,157,081 | 1,287,097 | 1,413,109 | 1,439,481 | ||
| net assets | -369,411 | -204,472 | -122,592 | -302,024 | -367,752 | -404,705 | -359,250 | 1,000 | |
| total shareholders funds | -369,411 | -204,472 | -122,592 | -302,024 | -367,752 | -404,705 | -359,250 | 1,000 |
| Nov 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -90,627 | ||||||||
| Depreciation | 96,422 | 80,697 | 94,397 | 109,976 | 131,674 | 154,405 | 53,425 | ||
| Amortisation | 326 | 2,000 | 2,000 | 2,004 | 2,000 | 1,670 | |||
| Tax | 8,747 | ||||||||
| Stock | 161 | -3,956 | 2,075 | 4,664 | 2,031 | -3,046 | 35,739 | ||
| Debtors | 114,719 | -142,503 | 17,088 | 1,946 | 3,321 | 72,084 | 64,894 | 1,000 | |
| Creditors | 287,811 | -48,032 | -6,894 | 6,613 | 80,989 | -121,385 | 250,796 | ||
| Accruals and Deferred Income | -13,030 | -8,092 | 14,850 | 14,069 | -13,998 | 164,988 | |||
| Deferred Taxes & Provisions | -22,448 | 3,706 | -2,752 | 15,172 | 6,322 | -10,360 | 10,360 | ||
| Cash flow from operations | 93,184 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -81,658 | -107,002 | -262,092 | -147,106 | -171,179 | 1,071,800 | |||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | -18,764 | -9,382 | 28,146 | ||||||
| other long term liabilities | -18,764 | -1,159,561 | 1,178,325 | ||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | -107,002 | ||||||||
| cash and cash equivalents | |||||||||
| cash | -15,610 | -44,912 | -980 | 36,488 | 23,647 | -19,423 | 32,883 | ||
| overdraft | |||||||||
| change in cash | -15,610 | -44,912 | -980 | 36,488 | 23,647 | -19,423 | 32,883 |
barworks (city road) limited Credit Report and Business Information
Barworks (city Road) Limited Competitor Analysis
Perform a competitor analysis for barworks (city road) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in W1H area or any other competitors across 12 key performance metrics.
barworks (city road) limited Ownership
BARWORKS (CITY ROAD) LIMITED group structure
Barworks (City Road) Limited has no subsidiary companies.
Ultimate parent company
URBAN PUBS & BARS BIDCO LTD
#0137074
2 parents
BARWORKS (CITY ROAD) LIMITED
08121756
barworks (city road) limited directors
Barworks (City Road) Limited currently has 3 directors. The longest serving directors include Mr Nick Pring (Dec 2021) and Mr Malcolm Heap (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nick Pring | England | 52 years | Dec 2021 | - | Director |
| Mr Malcolm Heap | England | 53 years | Dec 2021 | - | Director |
| Mr James Pickworth | England | 57 years | Apr 2024 | - | Director |
P&L
November 2021turnover
388.4k
-70%
operating profit
-165k
0%
gross margin
58%
-11.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2021net assets
-369.4k
+0.81%
total assets
542k
+0.01%
cash
12.1k
-0.56%
net assets
Total assets minus all liabilities
barworks (city road) limited company details
company number
08121756
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
November 2021
previous names
barworks (denmark st) ltd (March 2014)
accountant
HAYSMACINTYRE LLP
auditor
-
address
42 brendon street, london, W1H 5HE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
barworks (city road) 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 found 5 charges/mortgages relating to barworks (city road) limited. Currently there are 1 open charges and 4 have been satisfied in the past.
barworks (city road) 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 BARWORKS (CITY ROAD) LIMITED. This can take several minutes, an email will notify you when this has completed.
barworks (city road) limited Companies House Filings - See Documents
| date | description | view/download |
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