milos restaurants (uk) limited

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milos restaurants (uk) limited Company Information

Share MILOS RESTAURANTS (UK) LIMITED

Company Number

08844594

Shareholders

3903427 canada inc

Group Structure

View All

Industry

Licensed restaurants

 

Registered Address

5 elstree gate, elstree way, borehamwood, hertfordshire, WD6 1JD

milos restaurants (uk) limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of MILOS RESTAURANTS (UK) LIMITED at £3.2m based on a Turnover of £4.3m and 0.75x industry multiple (adjusted for size and gross margin).

milos restaurants (uk) limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of MILOS RESTAURANTS (UK) LIMITED at £2.8m based on an EBITDA of £601.9k and a 4.72x industry multiple (adjusted for size and gross margin).

milos restaurants (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MILOS RESTAURANTS (UK) LIMITED at £0 based on Net Assets of £-5.7m and 2.64x industry multiple (adjusted for liquidity).

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Milos Restaurants (uk) Limited Overview

Milos Restaurants (uk) Limited is a live company located in borehamwood, WD6 1JD with a Companies House number of 08844594. It operates in the licenced restaurants sector, SIC Code 56101. Founded in January 2014, it's largest shareholder is 3903427 canada inc with a 100% stake. Milos Restaurants (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £4.3m with low growth in recent years.

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Milos Restaurants (uk) Limited Health Check

Pomanda's financial health check has awarded Milos Restaurants (Uk) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £4.3m, make it larger than the average company (£1.6m)

£4.3m - Milos Restaurants (uk) Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.3%)

4% - Milos Restaurants (uk) Limited

3.3% - Industry AVG

production

Production

with a gross margin of 58.2%, this company has a comparable cost of product (58.2%)

58.2% - Milos Restaurants (uk) Limited

58.2% - Industry AVG

profitability

Profitability

an operating margin of 7.9% make it more profitable than the average company (4.4%)

7.9% - Milos Restaurants (uk) Limited

4.4% - Industry AVG

employees

Employees

with 97 employees, this is above the industry average (37)

97 - Milos Restaurants (uk) Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)

£19.2k - Milos Restaurants (uk) Limited

£19.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.4k, this is equally as efficient (£52k)

£44.4k - Milos Restaurants (uk) Limited

£52k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is near the average (6 days)

6 days - Milos Restaurants (uk) Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 113 days, this is slower than average (47 days)

113 days - Milos Restaurants (uk) Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 54 days, this is more than average (13 days)

54 days - Milos Restaurants (uk) Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (17 weeks)

2 weeks - Milos Restaurants (uk) Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 243.3%, this is a higher level of debt than the average (81.6%)

243.3% - Milos Restaurants (uk) Limited

81.6% - Industry AVG

MILOS RESTAURANTS (UK) LIMITED financials

EXPORTms excel logo

Milos Restaurants (Uk) Limited's latest turnover from March 2023 is estimated at £4.3 million and the company has net assets of -£5.7 million. According to their latest financial statements, Milos Restaurants (Uk) Limited has 97 employees and maintains cash reserves of £433.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover4,307,0542,815,9052,054,5903,836,1926,146,6987,818,4946,944,8813,300,2258,637,006
Other Income Or Grants000000000
Cost Of Sales1,799,1471,176,499797,1901,469,6292,391,9132,604,7792,064,9151,020,0793,409,227
Gross Profit2,507,9071,639,4061,257,4012,366,5633,754,7855,213,7154,879,9662,280,1465,227,779
Admin Expenses2,166,1901,779,1281,564,2772,956,8374,540,8984,750,2576,540,6354,918,7435,564,784
Operating Profit341,717-139,722-306,876-590,274-786,113463,458-1,660,669-2,638,597-337,005
Interest Payable3,8443,1221,525000000
Interest Receivable34,3514,6563625345000127
Pre-Tax Profit372,223-138,188-308,365-590,249-785,768463,458-1,660,669-2,638,597-336,878
Tax-70,72200000000
Profit After Tax301,501-138,188-308,365-590,249-785,768463,458-1,660,669-2,638,597-336,878
Dividends Paid000000000
Retained Profit301,501-138,188-308,365-590,249-785,768463,458-1,660,669-2,638,597-336,878
Employee Costs1,864,7761,297,5511,435,6852,403,9152,301,2072,121,9072,011,2301,916,7023,010,002
Number Of Employees97738613412910912190183
EBITDA*601,891112,546-36,720-295,819-495,233762,900-1,360,397-2,446,819-325,443

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets2,816,1333,050,3783,264,7233,532,2643,810,6364,015,0014,311,1274,525,9171,632,306
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)207,000207,000207,000217,000207,000207,000207,000215,038211,500
Total Fixed Assets3,023,1333,257,3783,471,7233,749,2644,017,6364,222,0014,518,1274,740,9551,843,806
Stock & work in progress267,513203,809199,371295,359197,852213,413204,710245,3210
Trade Debtors75,27681,5115,7162,083169,259153,428110,753103,339188,441
Group Debtors8,0428,85024,35121,26823,7620015,6730
Misc Debtors165,53352,484463,242136,259149,070411,306415,837293,1600
Cash433,1141,183,38358,17612,97837,12254,897124,906202,98450,636
misc current assets000000000
total current assets949,4781,530,037750,856467,947577,065833,044856,206860,477239,077
total assets3,972,6114,787,4154,222,5794,217,2114,594,7015,055,0455,374,3335,601,4322,082,883
Bank overdraft000000000
Bank loan10,00010,0008,333000000
Trade Creditors 558,283235,019512,567237,748185,117420,905841,128434,675275,818
Group/Directors Accounts7,023,5428,337,9498,346,3228,160,0098,006,4627,548,7877,986,674265,5970
other short term finances000000000
hp & lease commitments000000000
other current liabilities1,899,1921,999,688988,7341,171,6941,150,7231,032,796943,041686,0490
total current liabilities9,491,01710,582,6569,855,9569,569,4519,342,3029,002,4889,770,8431,386,321275,818
loans22,50032,50041,66700006,936,5610
hp & lease commitments000000000
Accruals and Deferred Income152,848167,514182,023196,462210,852225,242239,633254,0240
other liabilities000000002,143,942
provisions000000000
total long term liabilities175,348200,014223,690196,462210,852225,242239,6337,190,5852,143,942
total liabilities9,666,36510,782,67010,079,6469,765,9139,553,1549,227,73010,010,4768,576,9062,419,760
net assets-5,693,754-5,995,255-5,857,067-5,548,702-4,958,453-4,172,685-4,636,143-2,975,474-336,877
total shareholders funds-5,693,754-5,995,255-5,857,067-5,548,702-4,958,453-4,172,685-4,636,143-2,975,474-336,877
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit341,717-139,722-306,876-590,274-786,113463,458-1,660,669-2,638,597-337,005
Depreciation260,174252,268270,156294,455290,880299,442300,272191,77811,562
Amortisation000000000
Tax-70,72200000000
Stock63,7044,438-95,98897,507-15,5618,703-40,611245,3210
Debtors106,006-350,464323,699-172,481-222,64338,144106,380227,269399,941
Creditors323,264-277,548274,81952,631-235,788-420,223406,453158,857275,818
Accruals and Deferred Income-115,162996,445-197,3996,581103,53775,364242,601940,0730
Deferred Taxes & Provisions000000000
Cash flow from operations569,5611,177,469-187,011-161,633-389,280371,194-777,112-1,820,479-449,566
Investing Activities
capital expenditure-25,929-37,923-2,615-16,083-86,515-2,384-85,482-3,093,258-1,643,868
Change in Investments000000000
cash flow from investments-25,929-37,923-2,615-16,083-86,515-2,384-85,482-3,093,258-1,643,868
Financing Activities
Bank loans01,6678,333000000
Group/Directors Accounts-1,314,407-8,373186,313153,547457,675-437,8877,721,077265,5970
Other Short Term Loans 000000000
Long term loans-10,000-9,16741,667000-6,936,5616,936,5610
Hire Purchase and Lease Commitments000000000
other long term liabilities0000000-2,143,9422,143,942
share issue000000001
interest30,5071,534-1,48925345000127
cash flow from financing-1,293,900-14,339234,824153,572458,020-437,887784,5165,058,2162,144,070
cash and cash equivalents
cash-750,2691,125,20745,198-24,144-17,775-70,009-78,078152,34850,636
overdraft000000000
change in cash-750,2691,125,20745,198-24,144-17,775-70,009-78,078152,34850,636

milos restaurants (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Milos Restaurants (uk) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for milos restaurants (uk) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.

milos restaurants (uk) limited Ownership

MILOS RESTAURANTS (UK) LIMITED group structure

Milos Restaurants (Uk) Limited has no subsidiary companies.

Ultimate parent company

3903427 CANADA INC

#0091661

1 parent

MILOS RESTAURANTS (UK) LIMITED

08844594

MILOS RESTAURANTS (UK) LIMITED Shareholders

3903427 canada inc 100%

milos restaurants (uk) limited directors

Milos Restaurants (Uk) Limited currently has 3 directors. The longest serving directors include Mr Constantinos Spiliadis (Jan 2014) and Mr George Spiliadis (Jan 2014).

officercountryagestartendrole
Mr Constantinos SpiliadisUnited Kingdom78 years Jan 2014- Director
Mr George SpiliadisUnited Kingdom44 years Jan 2014- Director
Mr Raymond SymonsUnited Kingdom67 years Jul 2023- Director

P&L

March 2023

turnover

4.3m

+53%

operating profit

341.7k

0%

gross margin

58.3%

+0.01%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-5.7m

-0.05%

total assets

4m

-0.17%

cash

433.1k

-0.63%

net assets

Total assets minus all liabilities

milos restaurants (uk) limited company details

company number

08844594

Type

Private limited with Share Capital

industry

56101 - Licensed restaurants

incorporation date

January 2014

age

11

incorporated

UK

ultimate parent company

3903427 CANADA INC

accounts

Small Company

last accounts submitted

March 2023

previous names

N/A

accountant

SOPHER & CO LLP

auditor

-

address

5 elstree gate, elstree way, borehamwood, hertfordshire, WD6 1JD

Bank

-

Legal Advisor

-

milos restaurants (uk) 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 1 charges/mortgages relating to milos restaurants (uk) limited. Currently there are 0 open charges and 1 have been satisfied in the past.

milos restaurants (uk) 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.

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milos restaurants (uk) limited Companies House Filings - See Documents

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