barcade ltd
barcade ltd Company Information
Company Number
08274474
Website
barcade.comRegistered Address
four quarters unit 8, east bay lane, london, E15 2GW
Industry
Public houses and bars
Licensed restaurants
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
wcs nominees limited 40%
francois joseph kitching 12%
View Allbarcade ltd Estimated Valuation
Pomanda estimates the enterprise value of BARCADE LTD at £450.9k based on a Turnover of £729.1k and 0.62x industry multiple (adjusted for size and gross margin).
barcade ltd Estimated Valuation
Pomanda estimates the enterprise value of BARCADE LTD at £1.2m based on an EBITDA of £249.7k and a 4.61x industry multiple (adjusted for size and gross margin).
barcade ltd Estimated Valuation
Pomanda estimates the enterprise value of BARCADE LTD at £3.8m based on Net Assets of £1.5m and 2.45x industry multiple (adjusted for liquidity).
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Barcade Ltd Overview
Barcade Ltd is a live company located in london, E15 2GW with a Companies House number of 08274474. It operates in the licenced restaurants sector, SIC Code 56101. Founded in October 2012, it's largest shareholder is wcs nominees limited with a 40% stake. Barcade Ltd is a established, small sized company, Pomanda has estimated its turnover at £729.1k with healthy growth in recent years.
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Barcade Ltd Health Check
Pomanda's financial health check has awarded Barcade Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £729.1k, make it smaller than the average company (£1.4m)
- Barcade Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.1%)
- Barcade Ltd
8.1% - Industry AVG
Production
with a gross margin of 56.6%, this company has a comparable cost of product (56.6%)
- Barcade Ltd
56.6% - Industry AVG
Profitability
an operating margin of 30.7% make it more profitable than the average company (3.7%)
- Barcade Ltd
3.7% - Industry AVG
Employees
with 19 employees, this is below the industry average (26)
19 - Barcade Ltd
26 - Industry AVG
Pay Structure
on an average salary of £16.9k, the company has an equivalent pay structure (£16.9k)
- Barcade Ltd
£16.9k - Industry AVG
Efficiency
resulting in sales per employee of £38.4k, this is less efficient (£49.5k)
- Barcade Ltd
£49.5k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is near the average (7 days)
- Barcade Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (46 days)
- Barcade Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is more than average (13 days)
- Barcade Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (11 weeks)
15 weeks - Barcade Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.6%, this is a lower level of debt than the average (84.5%)
20.6% - Barcade Ltd
84.5% - Industry AVG
BARCADE LTD financials
Barcade Ltd's latest turnover from October 2023 is estimated at £729.1 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Barcade Ltd has 19 employees and maintains cash reserves of £75.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 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 | 19 | 24 | 24 | 24 | 24 | 24 | 24 | 11 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 427,467 | 420,432 | 293,469 | 252,288 | 176,880 | 147,333 | 142,676 | 54,215 | 23,158 | 15,642 | 0 |
| Intangible Assets | 2,400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,851 | 32,727 | 0 |
| Investments & Other | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,248,728 | 749,011 | 6,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,678,595 | 1,169,443 | 300,070 | 252,288 | 176,880 | 147,333 | 142,676 | 54,215 | 57,009 | 48,369 | 0 |
| Stock & work in progress | 22,429 | 23,795 | 22,496 | 19,087 | 18,296 | 22,465 | 17,617 | 6,702 | 7,226 | 2,665 | 0 |
| Trade Debtors | 14,356 | 11,115 | 0 | 1,080 | 2,100 | 1,477 | 0 | 2,625 | 468 | 20,786 | 0 |
| Group Debtors | 0 | 0 | 528,335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 156,027 | 92,706 | 60,791 | 99,009 | 163,028 | 52,624 | 45,082 | 35,649 | 18,603 | 0 | 0 |
| Cash | 75,460 | 469,438 | 900,170 | 1,042,722 | 241,439 | 132,425 | 111,421 | 78,068 | 56,494 | 27,993 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 268,272 | 597,054 | 1,511,792 | 1,161,898 | 424,863 | 208,991 | 174,120 | 123,044 | 82,791 | 51,444 | 0 |
| total assets | 1,946,867 | 1,766,497 | 1,811,862 | 1,414,186 | 601,743 | 356,324 | 316,796 | 177,259 | 139,800 | 99,813 | 0 |
| Bank overdraft | 0 | 0 | 311 | 0 | 266 | 189 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 80,893 | 40,496 | 114,515 | 46,567 | 77,302 | 68,356 | 57,790 | 33,145 | 19,965 | 20,897 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,362 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 173,540 | 142,373 | 118,553 | 77,313 | 149,172 | 111,710 | 161,581 | 61,542 | 36,026 | 0 | 0 |
| total current liabilities | 254,433 | 182,869 | 233,379 | 123,880 | 226,740 | 180,255 | 219,371 | 107,049 | 55,991 | 20,897 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,270 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 145,833 | 145,833 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 68,040 | 0 |
| provisions | 0 | 69,077 | 43,847 | 31,888 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 145,833 | 214,910 | 293,847 | 31,888 | 0 | 0 | 0 | 0 | 37,270 | 68,040 | 0 |
| total liabilities | 400,266 | 397,779 | 527,226 | 155,768 | 226,740 | 180,255 | 219,371 | 107,049 | 93,261 | 88,937 | 0 |
| net assets | 1,546,601 | 1,368,718 | 1,284,636 | 1,258,418 | 375,003 | 176,069 | 97,425 | 70,210 | 46,539 | 10,876 | 0 |
| total shareholders funds | 1,546,601 | 1,368,718 | 1,284,636 | 1,258,418 | 375,003 | 176,069 | 97,425 | 70,210 | 46,539 | 10,876 | 0 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 25,519 | 33,616 | 27,689 | 29,021 | 29,348 | 33,111 | 28,323 | 18,003 | 6,697 | 3,911 | |
| Amortisation | 600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,071 | 3,636 | |
| Tax | |||||||||||
| Stock | -1,366 | 1,299 | 3,409 | 791 | -4,169 | 4,848 | 10,915 | -524 | 4,561 | 2,665 | 0 |
| Debtors | 566,279 | 257,106 | 495,637 | -65,039 | 111,027 | 9,019 | 6,808 | 19,203 | -1,715 | 20,786 | 0 |
| Creditors | 40,397 | -74,019 | 67,948 | -30,735 | 8,946 | 10,566 | 24,645 | 13,180 | -932 | 20,897 | 0 |
| Accruals and Deferred Income | 31,167 | 23,820 | 41,240 | -71,859 | 37,462 | -49,871 | 100,039 | 25,516 | 36,026 | 0 | 0 |
| Deferred Taxes & Provisions | -69,077 | 25,230 | 11,959 | 31,888 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | -1 | 1 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -12,362 | 12,362 | 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 | 0 | 0 | -37,270 | 37,270 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -104,167 | 250,000 | 0 | 0 | 0 | 0 | 0 | -68,040 | 68,040 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -393,978 | -430,732 | -142,552 | 801,283 | 109,014 | 21,004 | 33,353 | 21,574 | 28,501 | 27,993 | 0 |
| overdraft | 0 | -311 | 311 | -266 | 77 | 189 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -393,978 | -430,421 | -142,863 | 801,549 | 108,937 | 20,815 | 33,353 | 21,574 | 28,501 | 27,993 | 0 |
barcade ltd Credit Report and Business Information
Barcade Ltd Competitor Analysis
Perform a competitor analysis for barcade ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in E15 area or any other competitors across 12 key performance metrics.
barcade ltd Ownership
BARCADE LTD group structure
Barcade Ltd has 3 subsidiary companies.
Ultimate parent company
BARCADE LTD
08274474
3 subsidiaries
barcade ltd directors
Barcade Ltd currently has 4 directors. The longest serving directors include Mr Simon Dennison (Apr 2014) and Mr Francois Kitching (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Dennison | England | 50 years | Apr 2014 | - | Director |
| Mr Francois Kitching | England | 47 years | Apr 2014 | - | Director |
| Mr Marc Jones | England | 44 years | Feb 2020 | - | Director |
| Mr Marc Jones | England | 44 years | Feb 2020 | - | Director |
P&L
October 2023turnover
729.1k
+1%
operating profit
223.6k
0%
gross margin
56.6%
-1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
1.5m
+0.13%
total assets
1.9m
+0.1%
cash
75.5k
-0.84%
net assets
Total assets minus all liabilities
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barcade ltd company details
company number
08274474
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
56101 - Licensed restaurants
incorporation date
October 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
EDITION CAPITAL ADVISORY LTD
auditor
-
address
four quarters unit 8, east bay lane, london, E15 2GW
Bank
-
Legal Advisor
-
barcade ltd 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 1 charges/mortgages relating to barcade ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
barcade ltd Companies House Filings - See Documents
| date | description | view/download |
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