milford taverns limited
milford taverns limited Company Information
Company Number
09165972
Website
-Registered Address
the hill house sinfin lane, barrow on trent, derby, DE73 7HH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
kulbir singh atwal 52%
lukhbir singh atwal 38%
View Allmilford taverns limited Estimated Valuation
Pomanda estimates the enterprise value of MILFORD TAVERNS LIMITED at £891.9k based on a Turnover of £392.4k and 2.27x industry multiple (adjusted for size and gross margin).
milford taverns limited Estimated Valuation
Pomanda estimates the enterprise value of MILFORD TAVERNS LIMITED at £270k based on an EBITDA of £54.2k and a 4.98x industry multiple (adjusted for size and gross margin).
milford taverns limited Estimated Valuation
Pomanda estimates the enterprise value of MILFORD TAVERNS LIMITED at £43.5k based on Net Assets of £27.2k and 1.6x industry multiple (adjusted for liquidity).
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Milford Taverns Limited Overview
Milford Taverns Limited is a live company located in derby, DE73 7HH with a Companies House number of 09165972. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2014, it's largest shareholder is kulbir singh atwal with a 52% stake. Milford Taverns Limited is a established, micro sized company, Pomanda has estimated its turnover at £392.4k with high growth in recent years.
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Milford Taverns Limited Health Check
Pomanda's financial health check has awarded Milford Taverns Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £392.4k, make it smaller than the average company (£863.9k)
- Milford Taverns Limited
£863.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (2.5%)
- Milford Taverns Limited
2.5% - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.3%)
- Milford Taverns Limited
72.3% - Industry AVG
Profitability
an operating margin of 13.8% make it less profitable than the average company (26.9%)
- Milford Taverns Limited
26.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Milford Taverns Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.6k, the company has an equivalent pay structure (£31.6k)
- Milford Taverns Limited
£31.6k - Industry AVG
Efficiency
resulting in sales per employee of £196.2k, this is equally as efficient (£189.8k)
- Milford Taverns Limited
£189.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (32 days)
- Milford Taverns Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1901 days, this is slower than average (35 days)
- Milford Taverns Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milford Taverns Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Milford Taverns Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (67.8%)
98.1% - Milford Taverns Limited
67.8% - Industry AVG
MILFORD TAVERNS LIMITED financials
Milford Taverns Limited's latest turnover from August 2023 is estimated at £392.4 thousand and the company has net assets of £27.2 thousand. According to their latest financial statements, Milford Taverns Limited has 2 employees and maintains cash reserves of £69.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 48,000 | 60,000 | 75,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 11,667 | 23,333 | 35,000 |
| Investments & Other | 1,376,611 | 1,376,611 | 1,376,611 | 1,376,611 | 1,324,508 | 1,306,877 | 1,095,119 | 980,597 | 773,011 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,376,611 | 1,376,611 | 1,376,611 | 1,376,611 | 1,324,508 | 1,306,877 | 1,154,786 | 1,063,930 | 883,011 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 12,460 | 21,300 | 21,985 | 35,400 | 37,200 | 51,573 | 5,400 | 0 | 27,133 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 3,829 | 556 | 0 | 16,526 | 16,976 | 0 |
| Cash | 69,574 | 40,088 | 21,396 | 1,849 | 3,568 | 8,688 | 20,561 | 10,784 | 76,751 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 82,034 | 61,388 | 43,381 | 41,078 | 41,324 | 60,261 | 42,487 | 27,760 | 103,884 |
| total assets | 1,458,645 | 1,437,999 | 1,419,992 | 1,417,689 | 1,365,832 | 1,367,138 | 1,197,273 | 1,091,690 | 986,895 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,431,461 | 1,453,516 | 1,465,092 | 125,575 | 96,278 | 1,419,176 | 65,805 | 92,872 | 65,858 |
| Group/Directors Accounts | 0 | 0 | 0 | 573,589 | 578,589 | 0 | 563,589 | 450,589 | 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 | 0 | 0 | 0 | 770,578 | 736,989 | 0 | 612,068 | 592,608 | 0 |
| total current liabilities | 1,431,461 | 1,453,516 | 1,465,092 | 1,469,742 | 1,411,856 | 1,419,176 | 1,241,462 | 1,136,069 | 65,858 |
| loans | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 932,247 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 932,247 |
| total liabilities | 1,431,461 | 1,453,516 | 1,465,092 | 1,469,742 | 1,411,856 | 1,419,176 | 1,241,462 | 1,136,069 | 998,105 |
| net assets | 27,184 | -15,517 | -45,100 | -52,053 | -46,024 | -52,038 | -44,189 | -44,379 | -11,210 |
| total shareholders funds | 27,184 | -15,517 | -45,100 | -52,053 | -46,024 | -52,038 | -44,189 | -44,379 | -11,210 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 12,000 | 15,000 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 11,667 | 11,666 | 11,667 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,840 | -685 | -17,244 | 1,473 | -13,817 | 29,647 | 4,950 | -10,157 | 27,133 |
| Creditors | -22,055 | -11,576 | 1,339,517 | 29,297 | -1,322,898 | 1,353,371 | -27,067 | 27,014 | 65,858 |
| Accruals and Deferred Income | 0 | 0 | -770,578 | 33,589 | 736,989 | -612,068 | 19,460 | 592,608 | 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 | 52,103 | 17,631 | 211,758 | 114,522 | 207,586 | 773,011 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -573,589 | -5,000 | 578,589 | -563,589 | 113,000 | 450,589 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -932,247 | 932,247 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 29,486 | 18,692 | 19,547 | -1,719 | -5,120 | -11,873 | 9,777 | -65,967 | 76,751 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,486 | 18,692 | 19,547 | -1,719 | -5,120 | -11,873 | 9,777 | -65,967 | 76,751 |
milford taverns limited Credit Report and Business Information
Milford Taverns Limited Competitor Analysis
Perform a competitor analysis for milford taverns limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
milford taverns limited Ownership
MILFORD TAVERNS LIMITED group structure
Milford Taverns Limited has no subsidiary companies.
Ultimate parent company
MILFORD TAVERNS LIMITED
09165972
milford taverns limited directors
Milford Taverns Limited currently has 2 directors. The longest serving directors include Kulbir Atwal (Aug 2014) and Lukhbir Atwal (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Kulbir Atwal | 74 years | Aug 2014 | - | Director | |
| Lukhbir Atwal | 72 years | Aug 2014 | - | Director |
P&L
August 2023turnover
392.4k
-11%
operating profit
54.2k
0%
gross margin
30%
+4.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
27.2k
-2.75%
total assets
1.5m
+0.01%
cash
69.6k
+0.74%
net assets
Total assets minus all liabilities
Similar Companies
milford taverns limited company details
company number
09165972
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2014
age
10
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
the hill house sinfin lane, barrow on trent, derby, DE73 7HH
last accounts submitted
August 2023
milford taverns 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 milford taverns limited.
milford taverns limited Companies House Filings - See Documents
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