
Company Number
09096705
Next Accounts
45 days late
Directors
Shareholders
panayiotis papadamou
Group Structure
View All
Industry
Licensed restaurants
Registered Address
1 dukes passage, brighton, east sussex, BN1 1BS
Website
-Pomanda estimates the enterprise value of PAPA PITTA LIMITED at £14.4k based on a Turnover of £27.5k and 0.52x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PAPA PITTA LIMITED at £0 based on an EBITDA of £-15.5k and a 3.34x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PAPA PITTA LIMITED at £0 based on Net Assets of £-47.7k and 2.36x industry multiple (adjusted for liquidity).
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Papa Pitta Limited is a live company located in east sussex, BN1 1BS with a Companies House number of 09096705. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2014, it's largest shareholder is panayiotis papadamou with a 100% stake. Papa Pitta Limited is a established, micro sized company, Pomanda has estimated its turnover at £27.5k with declining growth in recent years.
Pomanda's financial health check has awarded Papa Pitta Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £27.5k, make it smaller than the average company (£2.1m)
- Papa Pitta Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (5.1%)
- Papa Pitta Limited
5.1% - Industry AVG
Production
with a gross margin of 35.5%, this company has a higher cost of product (56.9%)
- Papa Pitta Limited
56.9% - Industry AVG
Profitability
an operating margin of -56.2% make it less profitable than the average company (3.1%)
- Papa Pitta Limited
3.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (45)
1 - Papa Pitta Limited
45 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
- Papa Pitta Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £27.5k, this is less efficient (£53.8k)
- Papa Pitta Limited
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
- Papa Pitta Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 454 days, this is slower than average (49 days)
- Papa Pitta Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Papa Pitta Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Papa Pitta Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9499.2%, this is a higher level of debt than the average (80.1%)
9499.2% - Papa Pitta Limited
80.1% - Industry AVG
Papa Pitta Limited's latest turnover from June 2023 is estimated at £27.5 thousand and the company has net assets of -£47.7 thousand. According to their latest financial statements, Papa Pitta Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 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 | 1 | 1 | 5 | 5 | 2 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 500 | 1,000 | 1,500 | 66 | 191 | 383 | 450 | 529 | |
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 500 | 1,000 | 1,500 | 66 | 191 | 383 | 450 | 529 | |
Stock & work in progress | |||||||||
Trade Debtors | 7 | 5,016 | 437 | 3,656 | |||||
Group Debtors | |||||||||
Misc Debtors | |||||||||
Cash | 433 | 1,106 | 10 | ||||||
misc current assets | |||||||||
total current assets | 7 | 5,016 | 437 | 3,656 | 433 | 1,106 | 10 | ||
total assets | 507 | 1,000 | 6,516 | 503 | 3,847 | 383 | 883 | 1,635 | 10 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 22,066 | 10,335 | 8,274 | 14,556 | 6,746 | 2,917 | 2,737 | 360 | |
Group/Directors Accounts | |||||||||
other short term finances | |||||||||
hp & lease commitments | |||||||||
other current liabilities | |||||||||
total current liabilities | 22,066 | 10,335 | 8,274 | 14,556 | 6,746 | 2,917 | 2,737 | 360 | |
loans | |||||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | 2,854 | 2,700 | |||||||
other liabilities | 23,241 | 22,867 | 22,500 | 3,165 | 3,165 | ||||
provisions | |||||||||
total long term liabilities | 26,095 | 22,867 | 22,500 | 5,865 | 3,165 | ||||
total liabilities | 48,161 | 33,202 | 30,774 | 14,556 | 12,611 | 3,165 | 2,917 | 2,737 | 360 |
net assets | -47,654 | -32,202 | -24,258 | -14,053 | -8,764 | -2,782 | -2,034 | -1,102 | -350 |
total shareholders funds | -47,654 | -32,202 | -24,258 | -14,053 | -8,764 | -2,782 | -2,034 | -1,102 | -350 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 79 | 94 | |||||||
Amortisation | |||||||||
Tax | |||||||||
Stock | |||||||||
Debtors | 7 | -5,016 | 4,579 | -3,219 | 3,656 | ||||
Creditors | 11,731 | 2,061 | -6,282 | 7,810 | 6,746 | -2,917 | 180 | 2,377 | 360 |
Accruals and Deferred Income | 2,854 | -2,700 | 2,700 | ||||||
Deferred Taxes & Provisions | |||||||||
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | |||||||||
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | |||||||||
Group/Directors Accounts | |||||||||
Other Short Term Loans | |||||||||
Long term loans | |||||||||
Hire Purchase and Lease Commitments | |||||||||
other long term liabilities | 374 | 367 | 22,500 | -3,165 | 3,165 | ||||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | -433 | -673 | 1,096 | 10 | |||||
overdraft | |||||||||
change in cash | -433 | -673 | 1,096 | 10 |
Perform a competitor analysis for papa pitta limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BN1 area or any other competitors across 12 key performance metrics.
PAPA PITTA LIMITED group structure
Papa Pitta Limited has no subsidiary companies.
Ultimate parent company
PAPA PITTA LIMITED
09096705
Papa Pitta Limited currently has 1 director, Mr Panayiotis Papadamou serving since Jun 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Panayiotis Papadamou | United Kingdom | 43 years | Jun 2014 | - | Director |
P&L
June 2023turnover
27.5k
+2%
operating profit
-15.5k
0%
gross margin
35.6%
+0.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-47.7k
+0.48%
total assets
507
-0.49%
cash
0
0%
net assets
Total assets minus all liabilities
company number
09096705
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
1 dukes passage, brighton, east sussex, BN1 1BS
Bank
-
Legal Advisor
-
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 papa pitta limited.
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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