independent brewers ltd ltd
independent brewers ltd ltd Company Information
Company Number
08853218
Next Accounts
114 days late
Industry
Public houses and bars
Shareholders
simon buckley
russell duckworth
View AllGroup Structure
View All
Contact
Registered Address
1 rhosmaen street, llandeilo, carmarthenshire, SA19 6LU
Website
www.evanevans.comindependent brewers ltd ltd Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT BREWERS LTD LTD at £1m based on a Turnover of £1.9m and 0.56x industry multiple (adjusted for size and gross margin).
independent brewers ltd ltd Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT BREWERS LTD LTD at £734.3k based on an EBITDA of £200.1k and a 3.67x industry multiple (adjusted for size and gross margin).
independent brewers ltd ltd Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT BREWERS LTD LTD at £0 based on Net Assets of £-45.8k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Independent Brewers Ltd Ltd Overview
Independent Brewers Ltd Ltd is a live company located in carmarthenshire, SA19 6LU with a Companies House number of 08853218. It operates in the public houses and bars sector, SIC Code 56302. Founded in January 2014, it's largest shareholder is simon buckley with a 50% stake. Independent Brewers Ltd Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Independent Brewers Ltd Ltd Health Check
Pomanda's financial health check has awarded Independent Brewers Ltd Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £1.9m, make it larger than the average company (£583.7k)
- Independent Brewers Ltd Ltd
£583.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (-1.8%)
- Independent Brewers Ltd Ltd
-1.8% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (59.4%)
- Independent Brewers Ltd Ltd
59.4% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (7.3%)
- Independent Brewers Ltd Ltd
7.3% - Industry AVG
Employees
with 17 employees, this is similar to the industry average (15)
17 - Independent Brewers Ltd Ltd
15 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Independent Brewers Ltd Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £109.5k, this is more efficient (£44.6k)
- Independent Brewers Ltd Ltd
£44.6k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (9 days)
- Independent Brewers Ltd Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 554 days, this is slower than average (61 days)
- Independent Brewers Ltd Ltd
61 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is more than average (19 days)
- Independent Brewers Ltd Ltd
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Independent Brewers Ltd Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.9%, this is a higher level of debt than the average (74.8%)
102.9% - Independent Brewers Ltd Ltd
74.8% - Industry AVG
INDEPENDENT BREWERS LTD LTD financials
Independent Brewers Ltd Ltd's latest turnover from December 2022 is estimated at £1.9 million and the company has net assets of -£45.8 thousand. According to their latest financial statements, Independent Brewers Ltd Ltd has 17 employees and maintains cash reserves of £5.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Sep 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 17 | 25 | 31 | 32 | 35 | 35 | 35 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Sep 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 745,041 | 2,361,182 | 2,874,748 | 2,858,265 | 2,813,510 | 2,614,329 | 2,373,198 | 0 | 0 |
| Intangible Assets | 177,639 | 212,802 | 234,900 | 257,744 | 249,633 | 254,240 | 130,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 922,680 | 2,573,984 | 3,109,648 | 3,116,009 | 3,063,143 | 2,868,569 | 2,503,198 | 0 | 0 |
| Stock & work in progress | 216,332 | 221,359 | 236,661 | 235,687 | 177,995 | 153,299 | 64,369 | 0 | 0 |
| Trade Debtors | 387,784 | 149,155 | 119,433 | 178,264 | 169,419 | 129,421 | 116,857 | 0 | 0 |
| Group Debtors | 0 | 0 | 76,645 | 76,645 | 76,645 | 141,353 | 205,884 | 0 | 0 |
| Misc Debtors | 48,730 | 179,752 | 108,988 | 73,512 | 52,142 | 44,589 | 26,078 | 1 | 0 |
| Cash | 5,670 | 15,023 | 122 | 4,258 | 1,402 | 4,133 | 18,803 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 658,516 | 565,289 | 541,849 | 568,366 | 477,603 | 472,795 | 431,991 | 1 | 0 |
| total assets | 1,581,196 | 3,139,273 | 3,651,497 | 3,684,375 | 3,540,746 | 3,341,364 | 2,935,189 | 1 | 0 |
| Bank overdraft | 0 | 709,595 | 199,278 | 170,824 | 275,825 | 163,392 | 70,527 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,627,005 | 224,628 | 236,549 | 131,295 | 197,083 | 217,351 | 151,592 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 3,070 | 2,876 | 2,619 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 966,288 | 844,604 | 671,926 | 339,488 | 204,481 | 140,030 | 0 | 0 |
| total current liabilities | 1,627,005 | 1,903,581 | 1,283,307 | 976,664 | 812,396 | 585,224 | 362,149 | 0 | 0 |
| loans | 0 | 298,493 | 1,077,816 | 1,059,027 | 1,291,265 | 1,421,611 | 1,324,273 | 0 | 0 |
| hp & lease commitments | 0 | 267 | 2,594 | 5,470 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 289,063 | 275,000 | 335,462 | 8,089 | 10,451 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 587,823 | 1,355,410 | 1,399,959 | 1,299,354 | 1,432,062 | 1,324,273 | 0 | 0 |
| total liabilities | 1,627,005 | 2,491,404 | 2,638,717 | 2,376,623 | 2,111,750 | 2,017,286 | 1,686,422 | 0 | 0 |
| net assets | -45,809 | 647,869 | 1,012,780 | 1,307,752 | 1,428,996 | 1,324,078 | 1,248,767 | 1 | 0 |
| total shareholders funds | -45,809 | 647,869 | 1,012,780 | 1,307,752 | 1,428,996 | 1,324,078 | 1,248,767 | 1 | 0 |
| Dec 2022 | Sep 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 60,201 | 53,594 | 85,481 | 84,877 | 85,688 | 92,895 | 75,989 | 0 | |
| Amortisation | 35,163 | 45,238 | 55,688 | 49,121 | 37,674 | 31,061 | 0 | 0 | |
| Tax | |||||||||
| Stock | -5,027 | -15,302 | 974 | 57,692 | 24,696 | 88,930 | 64,369 | 0 | 0 |
| Debtors | 107,607 | 23,841 | -23,355 | 30,215 | -17,157 | -33,456 | 348,819 | 1 | 0 |
| Creditors | 1,402,377 | -11,921 | 105,254 | -65,788 | -20,268 | 65,759 | 151,592 | 0 | 0 |
| Accruals and Deferred Income | -966,288 | 121,684 | 172,678 | 332,438 | 135,007 | 64,451 | 140,030 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -298,493 | -779,323 | 18,789 | -232,238 | -130,346 | 97,338 | 1,324,273 | 0 | 0 |
| Hire Purchase and Lease Commitments | -3,337 | -2,133 | -2,619 | 8,089 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -289,063 | 14,063 | -60,462 | 327,373 | -2,362 | 10,451 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -9,353 | 14,901 | -4,136 | 2,856 | -2,731 | -14,670 | 18,803 | 0 | 0 |
| overdraft | -709,595 | 510,317 | 28,454 | -105,001 | 112,433 | 92,865 | 70,527 | 0 | 0 |
| change in cash | 700,242 | -495,416 | -32,590 | 107,857 | -115,164 | -107,535 | -51,724 | 0 | 0 |
independent brewers ltd ltd Credit Report and Business Information
Independent Brewers Ltd Ltd Competitor Analysis
Perform a competitor analysis for independent brewers ltd ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SA19 area or any other competitors across 12 key performance metrics.
independent brewers ltd ltd Ownership
INDEPENDENT BREWERS LTD LTD group structure
Independent Brewers Ltd Ltd has no subsidiary companies.
Ultimate parent company
INDEPENDENT BREWERS LTD LTD
08853218
independent brewers ltd ltd directors
Independent Brewers Ltd Ltd currently has 3 directors. The longest serving directors include Mr James Buckley (Jul 2015) and Mr Jeremy Attard-Manche (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Buckley | 35 years | Jul 2015 | - | Director | |
| Mr Jeremy Attard-Manche | 64 years | Feb 2016 | - | Director | |
| Mr Russell Duckworth | England | 66 years | Feb 2016 | - | Director |
P&L
December 2022turnover
1.9m
+242%
operating profit
104.7k
0%
gross margin
42.5%
+51.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-45.8k
-1.07%
total assets
1.6m
-0.5%
cash
5.7k
-0.62%
net assets
Total assets minus all liabilities
independent brewers ltd ltd company details
company number
08853218
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
January 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2022
previous names
evan-evans group limited (February 2024)
riverside inns (row) limited (October 2014)
accountant
-
auditor
-
address
1 rhosmaen street, llandeilo, carmarthenshire, SA19 6LU
Bank
-
Legal Advisor
-
independent brewers ltd 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 5 charges/mortgages relating to independent brewers ltd ltd. Currently there are 1 open charges and 4 have been satisfied in the past.
independent brewers ltd ltd 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 INDEPENDENT BREWERS LTD LTD. This can take several minutes, an email will notify you when this has completed.
independent brewers ltd ltd Companies House Filings - See Documents
| date | description | view/download |
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