pivaz ltd
pivaz ltd Company Information
Company Number
08951901
Next Accounts
17 days late
Industry
Licensed restaurants
Shareholders
romet group limited
Group Structure
View All
Contact
Registered Address
606 cassia point, 2 glasshouse gardens, london, E20 1HU
Website
pivaz.co.ukpivaz ltd Estimated Valuation
Pomanda estimates the enterprise value of PIVAZ LTD at £19.1k based on a Turnover of £34.9k and 0.55x industry multiple (adjusted for size and gross margin).
pivaz ltd Estimated Valuation
Pomanda estimates the enterprise value of PIVAZ LTD at £11.5k based on an EBITDA of £3.3k and a 3.47x industry multiple (adjusted for size and gross margin).
pivaz ltd Estimated Valuation
Pomanda estimates the enterprise value of PIVAZ LTD at £0 based on Net Assets of £-2.6k and 2.64x industry multiple (adjusted for liquidity).
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Pivaz Ltd Overview
Pivaz Ltd is a live company located in london, E20 1HU with a Companies House number of 08951901. It operates in the licenced restaurants sector, SIC Code 56101. Founded in March 2014, it's largest shareholder is romet group limited with a 100% stake. Pivaz Ltd is a established, micro sized company, Pomanda has estimated its turnover at £34.9k with declining growth in recent years.
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Pivaz Ltd Health Check
Pomanda's financial health check has awarded Pivaz Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £34.9k, make it smaller than the average company (£1.6m)
- Pivaz Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -57%, show it is growing at a slower rate (3.3%)
- Pivaz Ltd
3.3% - Industry AVG
Production
with a gross margin of 36.1%, this company has a higher cost of product (58.3%)
- Pivaz Ltd
58.3% - Industry AVG
Profitability
an operating margin of -55.1% make it less profitable than the average company (4.4%)
- Pivaz Ltd
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
1 - Pivaz Ltd
37 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Pivaz Ltd
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £34.9k, this is less efficient (£51.9k)
- Pivaz Ltd
£51.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Pivaz Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 267 days, this is slower than average (47 days)
- Pivaz Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pivaz Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Pivaz Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.6%, this is a higher level of debt than the average (81.3%)
102.6% - Pivaz Ltd
81.3% - Industry AVG
PIVAZ LTD financials
Pivaz Ltd's latest turnover from March 2023 is estimated at £34.9 thousand and the company has net assets of -£2.6 thousand. According to their latest financial statements, Pivaz Ltd has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 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 | 1 | 11 | 8 | 6 | 12 | 16 | 12 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 112,410 | 120,343 | 135,621 | 50,795 | 59,458 | 16,642 | 17,535 | 17,059 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 112,410 | 120,343 | 135,621 | 50,795 | 59,458 | 16,642 | 17,535 | 17,059 |
| Stock & work in progress | 0 | 5,847 | 6,945 | 0 | 10,113 | 12,090 | 10,726 | 10,211 | 9,971 |
| Trade Debtors | 0 | 31,042 | 22,032 | 56,011 | 78,278 | 2,792 | 1,537 | 3,578 | 4,050 |
| Group Debtors | 99,960 | 111,386 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 105,646 | 112,200 | 89,200 | 34,661 |
| Cash | 1,088 | 14,369 | 7,852 | 0 | 29,623 | 23,747 | 19,214 | 15,808 | 12,126 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 101,048 | 162,644 | 36,829 | 56,011 | 118,014 | 144,275 | 143,677 | 118,797 | 60,808 |
| total assets | 101,048 | 275,054 | 157,172 | 191,632 | 168,809 | 203,733 | 160,319 | 136,332 | 77,867 |
| Bank overdraft | 0 | 10,000 | 0 | 0 | 0 | 744 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,313 | 29,874 | 172,146 | 135,416 | 152,748 | 72,596 | 60,008 | 45,549 | 47,777 |
| Group/Directors Accounts | 54,280 | 6,632 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 33,098 | 176,457 | 0 | 0 | 0 | 78,719 | 71,412 | 45,628 | 0 |
| total current liabilities | 103,691 | 222,963 | 172,146 | 135,416 | 152,748 | 152,059 | 131,420 | 91,177 | 47,777 |
| loans | 0 | 31,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 2,048 | 2,335 | 0 | 6,908 | 11,297 | 3,328 | 3,507 | 0 |
| total long term liabilities | 0 | 33,715 | 52,335 | 50,000 | 6,908 | 11,297 | 3,328 | 3,507 | 0 |
| total liabilities | 103,691 | 256,678 | 224,481 | 185,416 | 159,656 | 163,356 | 134,748 | 94,684 | 47,777 |
| net assets | -2,643 | 18,376 | -67,309 | 6,216 | 9,153 | 40,377 | 25,571 | 41,648 | 30,090 |
| total shareholders funds | -2,643 | 18,376 | -67,309 | 6,216 | 9,153 | 40,377 | 25,571 | 41,648 | 30,090 |
| Mar 2023 | Mar 2022 | Mar 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 22,530 | 28,181 | 12,699 | 9,720 | 5,687 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | -5,847 | -1,098 | 6,945 | -10,113 | -1,977 | 1,364 | 515 | 240 | 9,971 |
| Debtors | -42,468 | 120,396 | -33,979 | -22,267 | -30,160 | -5,299 | 20,959 | 54,067 | 38,711 |
| Creditors | -13,561 | -142,272 | 36,730 | -17,332 | 80,152 | 12,588 | 14,459 | -2,228 | 47,777 |
| Accruals and Deferred Income | -143,359 | 176,457 | 0 | 0 | -78,719 | 7,307 | 25,784 | 45,628 | 0 |
| Deferred Taxes & Provisions | -2,048 | -287 | 2,335 | -6,908 | -4,389 | 7,969 | -179 | 3,507 | 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 | 47,648 | 6,632 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -31,667 | 31,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -50,000 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -13,281 | 6,517 | 7,852 | -29,623 | 5,876 | 4,533 | 3,406 | 3,682 | 12,126 |
| overdraft | -10,000 | 10,000 | 0 | 0 | -744 | 744 | 0 | 0 | 0 |
| change in cash | -3,281 | -3,483 | 7,852 | -29,623 | 6,620 | 3,789 | 3,406 | 3,682 | 12,126 |
pivaz ltd Credit Report and Business Information
Pivaz Ltd Competitor Analysis
Perform a competitor analysis for pivaz ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in E20 area or any other competitors across 12 key performance metrics.
pivaz ltd Ownership
PIVAZ LTD group structure
Pivaz Ltd has no subsidiary companies.
pivaz ltd directors
Pivaz Ltd currently has 2 directors. The longest serving directors include Mr Erdogan Kaya (Mar 2022) and Mr Erdogan Kaya (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Erdogan Kaya | England | 38 years | Mar 2022 | - | Director |
| Mr Erdogan Kaya | England | 38 years | Mar 2022 | - | Director |
P&L
March 2023turnover
34.9k
-85%
operating profit
-19.2k
0%
gross margin
36.2%
+3.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-2.6k
-1.14%
total assets
101k
-0.63%
cash
1.1k
-0.92%
net assets
Total assets minus all liabilities
pivaz ltd company details
company number
08951901
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
zerdo limited (July 2014)
accountant
ALTON & CO
auditor
-
address
606 cassia point, 2 glasshouse gardens, london, E20 1HU
Bank
-
Legal Advisor
-
pivaz 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 did not find charges/mortgages relating to pivaz ltd.
pivaz 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 PIVAZ LTD. This can take several minutes, an email will notify you when this has completed.
pivaz ltd Companies House Filings - See Documents
| date | description | view/download |
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