milos restaurants (uk) limited Company Information
Company Number
08844594
Next Accounts
34 days late
Shareholders
3903427 canada inc
Group Structure
View All
Industry
Licensed restaurants
Registered Address
5 elstree gate, elstree way, borehamwood, hertfordshire, WD6 1JD
Website
https://www.milos.camilos restaurants (uk) limited Estimated Valuation
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
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
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
4 Strong
5 Regular
3 Weak
Size
annual sales of £4.3m, make it larger than the average company (£1.6m)
- Milos Restaurants (uk) Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.3%)
- Milos Restaurants (uk) Limited
3.3% - Industry AVG
Production
with a gross margin of 58.2%, this company has a comparable cost of product (58.2%)
- Milos Restaurants (uk) Limited
58.2% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (4.4%)
- Milos Restaurants (uk) Limited
4.4% - Industry AVG
Employees
with 97 employees, this is above the industry average (37)
97 - Milos Restaurants (uk) Limited
37 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Milos Restaurants (uk) Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £44.4k, this is equally as efficient (£52k)
- Milos Restaurants (uk) Limited
£52k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is near the average (6 days)
- Milos Restaurants (uk) Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (47 days)
- Milos Restaurants (uk) Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 54 days, this is more than average (13 days)
- Milos Restaurants (uk) Limited
13 days - Industry AVG
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
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
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 House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 7,818,494 | 6,944,881 | 3,300,225 | ||||||
Other Income Or Grants | 0 | 0 | 0 | ||||||
Cost Of Sales | 2,604,779 | 2,064,915 | 1,020,079 | ||||||
Gross Profit | 5,213,715 | 4,879,966 | 2,280,146 | ||||||
Admin Expenses | 4,750,257 | 6,540,635 | 4,918,743 | ||||||
Operating Profit | 463,458 | -1,660,669 | -2,638,597 | ||||||
Interest Payable | 0 | 0 | 0 | ||||||
Interest Receivable | 0 | 0 | 0 | ||||||
Pre-Tax Profit | 463,458 | -1,660,669 | -2,638,597 | ||||||
Tax | 0 | 0 | 0 | ||||||
Profit After Tax | 463,458 | -1,660,669 | -2,638,597 | ||||||
Dividends Paid | 0 | 0 | 0 | ||||||
Retained Profit | 463,458 | -1,660,669 | -2,638,597 | ||||||
Employee Costs | 2,121,907 | 2,011,230 | 1,916,702 | ||||||
Number Of Employees | 97 | 73 | 86 | 134 | 129 | 109 | 121 | 90 | |
EBITDA* | 762,900 | -1,360,397 | -2,446,819 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,816,133 | 3,050,378 | 3,264,723 | 3,532,264 | 3,810,636 | 4,015,001 | 4,311,127 | 4,525,917 | 1,632,306 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 207,000 | 207,000 | 207,000 | 217,000 | 207,000 | 207,000 | 207,000 | 215,038 | 211,500 |
Total Fixed Assets | 3,023,133 | 3,257,378 | 3,471,723 | 3,749,264 | 4,017,636 | 4,222,001 | 4,518,127 | 4,740,955 | 1,843,806 |
Stock & work in progress | 267,513 | 203,809 | 199,371 | 295,359 | 197,852 | 213,413 | 204,710 | 245,321 | 0 |
Trade Debtors | 75,276 | 81,511 | 5,716 | 2,083 | 169,259 | 153,428 | 110,753 | 103,339 | 188,441 |
Group Debtors | 8,042 | 8,850 | 24,351 | 21,268 | 23,762 | 0 | 0 | 15,673 | 0 |
Misc Debtors | 165,533 | 52,484 | 463,242 | 136,259 | 149,070 | 411,306 | 415,837 | 293,160 | 0 |
Cash | 433,114 | 1,183,383 | 58,176 | 12,978 | 37,122 | 54,897 | 124,906 | 202,984 | 50,636 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 949,478 | 1,530,037 | 750,856 | 467,947 | 577,065 | 833,044 | 856,206 | 860,477 | 239,077 |
total assets | 3,972,611 | 4,787,415 | 4,222,579 | 4,217,211 | 4,594,701 | 5,055,045 | 5,374,333 | 5,601,432 | 2,082,883 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 10,000 | 10,000 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 558,283 | 235,019 | 512,567 | 237,748 | 185,117 | 420,905 | 841,128 | 434,675 | 275,818 |
Group/Directors Accounts | 7,023,542 | 8,337,949 | 8,346,322 | 8,160,009 | 8,006,462 | 7,548,787 | 7,986,674 | 265,597 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,899,192 | 1,999,688 | 988,734 | 1,171,694 | 1,150,723 | 1,032,796 | 943,041 | 686,049 | 0 |
total current liabilities | 9,491,017 | 10,582,656 | 9,855,956 | 9,569,451 | 9,342,302 | 9,002,488 | 9,770,843 | 1,386,321 | 275,818 |
loans | 22,500 | 32,500 | 41,667 | 0 | 0 | 0 | 0 | 6,936,561 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 152,848 | 167,514 | 182,023 | 196,462 | 210,852 | 225,242 | 239,633 | 254,024 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,143,942 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 175,348 | 200,014 | 223,690 | 196,462 | 210,852 | 225,242 | 239,633 | 7,190,585 | 2,143,942 |
total liabilities | 9,666,365 | 10,782,670 | 10,079,646 | 9,765,913 | 9,553,154 | 9,227,730 | 10,010,476 | 8,576,906 | 2,419,760 |
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 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | 463,458 | -1,660,669 | -2,638,597 | ||||||
Depreciation | 260,174 | 252,268 | 270,156 | 294,455 | 290,880 | 299,442 | 300,272 | 191,778 | 11,562 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | ||||||
Stock | 63,704 | 4,438 | -95,988 | 97,507 | -15,561 | 8,703 | -40,611 | 245,321 | 0 |
Debtors | 106,006 | -350,464 | 323,699 | -172,481 | -222,643 | 38,144 | 106,380 | 227,269 | 399,941 |
Creditors | 323,264 | -277,548 | 274,819 | 52,631 | -235,788 | -420,223 | 406,453 | 158,857 | 275,818 |
Accruals and Deferred Income | -115,162 | 996,445 | -197,399 | 6,581 | 103,537 | 75,364 | 242,601 | 940,073 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 371,194 | -777,112 | -1,820,479 | ||||||
Investing Activities | |||||||||
capital expenditure | -2,384 | -85,482 | -3,093,258 | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -2,384 | -85,482 | -3,093,258 | ||||||
Financing Activities | |||||||||
Bank loans | 0 | 1,667 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -1,314,407 | -8,373 | 186,313 | 153,547 | 457,675 | -437,887 | 7,721,077 | 265,597 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -10,000 | -9,167 | 41,667 | 0 | 0 | 0 | -6,936,561 | 6,936,561 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,143,942 | 2,143,942 |
share issue | |||||||||
interest | 0 | 0 | 0 | ||||||
cash flow from financing | -437,887 | 784,516 | 5,058,216 | ||||||
cash and cash equivalents | |||||||||
cash | -750,269 | 1,125,207 | 45,198 | -24,144 | -17,775 | -70,009 | -78,078 | 152,348 | 50,636 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -750,269 | 1,125,207 | 45,198 | -24,144 | -17,775 | -70,009 | -78,078 | 152,348 | 50,636 |
milos restaurants (uk) limited Credit Report and Business Information
Milos Restaurants (uk) Limited Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Constantinos Spiliadis | United Kingdom | 78 years | Jan 2014 | - | Director |
Mr George Spiliadis | United Kingdom | 44 years | Jan 2014 | - | Director |
Mr Raymond Symons | United Kingdom | 67 years | Jul 2023 | - | Director |
P&L
March 2023turnover
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 2023net 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
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
date | description | view/download |
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