papa pitta limited

Live EstablishedMicroDeclining

papa pitta limited Company Information

Share PAPA PITTA LIMITED

Company Number

09096705

Shareholders

panayiotis papadamou

Group Structure

View All

Industry

Licensed restaurants

 

Registered Address

1 dukes passage, brighton, east sussex, BN1 1BS

Website

-

papa pitta limited Estimated Valuation

£14.4k

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).

papa pitta limited Estimated Valuation

£0

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).

papa pitta limited Estimated Valuation

£0

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 Overview

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.

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Papa Pitta Limited Health Check

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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £27.5k, make it smaller than the average company (£2.1m)

£27.5k - Papa Pitta Limited

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (5.1%)

-35% - Papa Pitta Limited

5.1% - Industry AVG

production

Production

with a gross margin of 35.5%, this company has a higher cost of product (56.9%)

35.5% - Papa Pitta Limited

56.9% - Industry AVG

profitability

Profitability

an operating margin of -56.2% make it less profitable than the average company (3.1%)

-56.2% - Papa Pitta Limited

3.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (45)

1 - Papa Pitta Limited

45 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)

£19.9k - Papa Pitta Limited

£19.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.5k, this is less efficient (£53.8k)

£27.5k - Papa Pitta Limited

£53.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (6 days)

0 days - Papa Pitta Limited

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 454 days, this is slower than average (49 days)

454 days - Papa Pitta Limited

49 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Papa Pitta Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Papa Pitta Limited

- - Industry AVG

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Turnover27,47426,81434,32898,532123,82470,0804,1704,265536
Other Income Or Grants
Cost Of Sales17,71617,38124,14861,00375,90442,1182,4492,597322
Gross Profit9,7589,43310,18037,52947,92027,9621,7211,668213
Admin Expenses25,21017,37720,38542,81853,90228,7012,6552,423573
Operating Profit-15,452-7,944-10,205-5,289-5,982-739-934-755-360
Interest Payable
Interest Receivable123
Pre-Tax Profit-15,452-7,944-10,205-5,289-5,982-738-932-752-360
Tax
Profit After Tax-15,452-7,944-10,205-5,289-5,982-738-932-752-360
Dividends Paid
Retained Profit-15,452-7,944-10,205-5,289-5,982-738-932-752-360
Employee Costs19,91118,14217,06787,56190,98835,20717,00316,43416,429
Number Of Employees111552111
EBITDA*-15,452-7,944-10,205-5,289-5,982-739-855-661-360

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Tangible Assets5001,0001,50066191383450529
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets5001,0001,50066191383450529
Stock & work in progress
Trade Debtors75,0164373,656
Group Debtors
Misc Debtors
Cash4331,10610
misc current assets
total current assets75,0164373,6564331,10610
total assets5071,0006,5165033,8473838831,63510
Bank overdraft
Bank loan
Trade Creditors 22,06610,3358,27414,5566,7462,9172,737360
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities22,06610,3358,27414,5566,7462,9172,737360
loans
hp & lease commitments
Accruals and Deferred Income2,8542,700
other liabilities23,24122,86722,5003,1653,165
provisions
total long term liabilities26,09522,86722,5005,8653,165
total liabilities48,16133,20230,77414,55612,6113,1652,9172,737360
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 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015
Operating Activities
Operating Profit-15,452-7,944-10,205-5,289-5,982-739-934-755-360
Depreciation7994
Amortisation
Tax
Stock
Debtors7-5,0164,579-3,2193,656
Creditors11,7312,061-6,2827,8106,746-2,9171802,377360
Accruals and Deferred Income2,854-2,7002,700
Deferred Taxes & Provisions
Cash flow from operations-874-867-21,0663,040-192-3,656-6751,716
Investing Activities
capital expenditure500500-1,43412519267-623
Change in Investments
cash flow from investments500500-1,43412519267-623
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities37436722,500-3,1653,165
share issue-1010
interest123
cash flow from financing37436722,500-3,1653,1562310
cash and cash equivalents
cash-433-6731,09610
overdraft
change in cash-433-6731,09610

papa pitta 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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Papa Pitta Limited Competitor Analysis

competitor_analysis_table_img

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 Ownership

PAPA PITTA LIMITED group structure

Papa Pitta Limited has no subsidiary companies.

Ultimate parent company

PAPA PITTA LIMITED

09096705

PAPA PITTA LIMITED Shareholders

panayiotis papadamou 100%

papa pitta limited directors

Papa Pitta Limited currently has 1 director, Mr Panayiotis Papadamou serving since Jun 2014.

officercountryagestartendrole
Mr Panayiotis PapadamouUnited Kingdom43 years Jun 2014- Director

P&L

June 2023

turnover

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 2023

net assets

-47.7k

+0.48%

total assets

507

-0.49%

cash

0

0%

net assets

Total assets minus all liabilities

papa pitta limited company details

company number

09096705

Type

Private limited with Share Capital

industry

56101 - Licensed restaurants

incorporation date

June 2014

age

11

incorporated

UK

ultimate parent company

None

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

-

papa pitta 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 did not find charges/mortgages relating to papa pitta limited.

papa pitta 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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papa pitta limited Companies House Filings - See Documents

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