rockfish (torquay) limited
rockfish (torquay) limited Company Information
Company Number
08238970
Website
www.therockfish.co.ukRegistered Address
5 south embankment, dartmouth, devon, TQ6 9BH
Industry
Licensed restaurants
Telephone
01803832800
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
rockfish group limited 100%
rockfish (torquay) limited Estimated Valuation
Pomanda estimates the enterprise value of ROCKFISH (TORQUAY) LIMITED at £247.7k based on a Turnover of £387.2k and 0.64x industry multiple (adjusted for size and gross margin).
rockfish (torquay) limited Estimated Valuation
Pomanda estimates the enterprise value of ROCKFISH (TORQUAY) LIMITED at £653.8k based on an EBITDA of £141.1k and a 4.63x industry multiple (adjusted for size and gross margin).
rockfish (torquay) limited Estimated Valuation
Pomanda estimates the enterprise value of ROCKFISH (TORQUAY) LIMITED at £402.9k based on Net Assets of £140.3k and 2.87x industry multiple (adjusted for liquidity).
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Rockfish (torquay) Limited Overview
Rockfish (torquay) Limited is a live company located in devon, TQ6 9BH with a Companies House number of 08238970. It operates in the licenced restaurants sector, SIC Code 56101. Founded in October 2012, it's largest shareholder is rockfish group limited with a 100% stake. Rockfish (torquay) Limited is a established, micro sized company, Pomanda has estimated its turnover at £387.2k with declining growth in recent years.
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Rockfish (torquay) Limited Health Check
Pomanda's financial health check has awarded Rockfish (Torquay) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £387.2k, make it smaller than the average company (£2m)
- Rockfish (torquay) Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (4.9%)
- Rockfish (torquay) Limited
4.9% - Industry AVG
Production
with a gross margin of 56.8%, this company has a comparable cost of product (56.8%)
- Rockfish (torquay) Limited
56.8% - Industry AVG
Profitability
an operating margin of 21.9% make it more profitable than the average company (3.1%)
- Rockfish (torquay) Limited
3.1% - Industry AVG
Employees
with 13 employees, this is below the industry average (42)
13 - Rockfish (torquay) Limited
42 - Industry AVG
Pay Structure
on an average salary of £19k, the company has an equivalent pay structure (£19k)
- Rockfish (torquay) Limited
£19k - Industry AVG
Efficiency
resulting in sales per employee of £29.8k, this is less efficient (£50.4k)
- Rockfish (torquay) Limited
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
- Rockfish (torquay) Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (48 days)
- Rockfish (torquay) Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is more than average (13 days)
- Rockfish (torquay) Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Rockfish (torquay) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.2%, this is a similar level of debt than the average (85.6%)
89.2% - Rockfish (torquay) Limited
85.6% - Industry AVG
ROCKFISH (TORQUAY) LIMITED financials
Rockfish (Torquay) Limited's latest turnover from April 2023 is estimated at £387.2 thousand and the company has net assets of £140.3 thousand. According to their latest financial statements, Rockfish (Torquay) Limited has 13 employees and maintains cash reserves of £90.7 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 13 | 18 | 16 | 21 | 26 | 21 | 19 | 24 | |||
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 112,337 | 160,569 | 214,194 | 226,788 | 272,496 | 311,308 | 330,800 | 367,223 | 340,936 | 5,640 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 112,337 | 160,569 | 214,194 | 226,788 | 272,496 | 311,308 | 330,800 | 367,223 | 340,936 | 5,640 | 0 |
| Stock & work in progress | 13,886 | 7,936 | 6,809 | 8,018 | 9,973 | 9,811 | 8,749 | 10,187 | 6,642 | 0 | 0 |
| Trade Debtors | 460 | 0 | 0 | 0 | 0 | 216 | 0 | 0 | 120,081 | 5,445 | 0 |
| Group Debtors | 1,059,710 | 824,573 | 622,616 | 608,236 | 385,377 | 325,272 | 162,178 | 32,281 | 0 | 0 | 0 |
| Misc Debtors | 17,915 | 13,466 | 269,907 | 7,136 | 19,068 | 17,903 | 9,381 | 18,295 | 0 | 0 | 0 |
| Cash | 90,726 | 308,616 | 35,672 | 47,459 | 63,270 | 70,624 | 59,686 | 43,961 | 30,881 | 118,956 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,182,697 | 1,154,591 | 935,004 | 670,849 | 477,688 | 423,826 | 239,994 | 104,724 | 157,604 | 124,401 | 0 |
| total assets | 1,295,034 | 1,315,160 | 1,149,198 | 897,637 | 750,184 | 735,134 | 570,794 | 471,947 | 498,540 | 130,041 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 28,538 | 26,614 | 24,820 | 0 | 0 | 0 |
| Trade Creditors | 36,839 | 34,715 | 16,467 | 33,066 | 43,449 | 33,506 | 44,635 | 56,086 | 273,935 | 130,040 | 0 |
| Group/Directors Accounts | 1,033,460 | 1,143,158 | 1,127,235 | 132,066 | 63,072 | 174,091 | 101,963 | 87,607 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 2,496 | 22,364 | 22,365 | 22,365 | 0 | 0 | 0 |
| other current liabilities | 84,386 | 66,892 | 25,809 | 58,930 | 74,335 | 77,901 | 62,010 | 44,329 | 0 | 0 | 0 |
| total current liabilities | 1,154,685 | 1,244,765 | 1,169,511 | 224,062 | 183,352 | 336,400 | 257,587 | 235,207 | 273,935 | 130,040 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 28,538 | 55,152 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 2,496 | 24,860 | 47,225 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149,561 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 2,496 | 53,398 | 102,377 | 149,561 | 0 | 0 |
| total liabilities | 1,154,685 | 1,244,765 | 1,169,511 | 224,062 | 183,352 | 338,896 | 310,985 | 337,584 | 423,496 | 130,040 | 0 |
| net assets | 140,349 | 70,395 | -20,313 | 673,575 | 566,832 | 396,238 | 259,809 | 134,363 | 75,044 | 1 | 0 |
| total shareholders funds | 140,349 | 70,395 | -20,313 | 673,575 | 566,832 | 396,238 | 259,809 | 134,363 | 75,044 | 1 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 56,341 | 56,105 | 51,296 | 48,744 | 38,518 | 38,321 | 36,757 | 36,723 | 31,327 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | 5,950 | 1,127 | -1,209 | -1,955 | 162 | 1,062 | -1,438 | 3,545 | 6,642 | 0 | 0 |
| Debtors | 240,046 | -54,484 | 277,151 | 210,927 | 61,054 | 171,832 | 120,983 | -69,505 | 114,636 | 5,445 | 0 |
| Creditors | 2,124 | 18,248 | -16,599 | -10,383 | 9,943 | -11,129 | -11,451 | -217,849 | 143,895 | 130,040 | 0 |
| Accruals and Deferred Income | 17,494 | 41,083 | -33,121 | -15,405 | -3,566 | 15,891 | 17,681 | 44,329 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -28,538 | 1,924 | 1,794 | 24,820 | 0 | 0 | 0 |
| Group/Directors Accounts | -109,698 | 15,923 | 995,169 | 68,994 | -111,019 | 72,128 | 14,356 | 87,607 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -28,538 | -26,614 | 55,152 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -2,496 | -22,364 | -22,365 | -22,365 | 69,590 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -149,561 | 149,561 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -217,890 | 272,944 | -11,787 | -15,811 | -7,354 | 10,938 | 15,725 | 13,080 | -88,075 | 118,956 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -217,890 | 272,944 | -11,787 | -15,811 | -7,354 | 10,938 | 15,725 | 13,080 | -88,075 | 118,956 | 0 |
rockfish (torquay) limited Credit Report and Business Information
Rockfish (torquay) Limited Competitor Analysis
Perform a competitor analysis for rockfish (torquay) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
rockfish (torquay) limited Ownership
ROCKFISH (TORQUAY) LIMITED group structure
Rockfish (Torquay) Limited has no subsidiary companies.
rockfish (torquay) limited directors
Rockfish (Torquay) Limited currently has 3 directors. The longest serving directors include Mr Mitchell Tonks (Oct 2012) and Mr Mathew Prowse (Aug 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mitchell Tonks | England | 57 years | Oct 2012 | - | Director |
| Mr Mathew Prowse | England | 52 years | Aug 2015 | - | Director |
| Navneet Sandhu | England | 44 years | Oct 2018 | - | Director |
P&L
April 2023turnover
387.2k
-31%
operating profit
84.8k
0%
gross margin
56.9%
-1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
140.3k
+0.99%
total assets
1.3m
-0.02%
cash
90.7k
-0.71%
net assets
Total assets minus all liabilities
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rockfish (torquay) limited company details
company number
08238970
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
October 2012
age
12
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
5 south embankment, dartmouth, devon, TQ6 9BH
last accounts submitted
April 2023
rockfish (torquay) 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 2 charges/mortgages relating to rockfish (torquay) limited. Currently there are 1 open charges and 1 have been satisfied in the past.
rockfish (torquay) limited Companies House Filings - See Documents
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