barrel industries limited
barrel industries limited Company Information
Company Number
09219039
Website
-Registered Address
gladstone house 77-79, high street, london, TW20 9HY
Industry
Public houses and bars
Telephone
02077342277
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
james george 19.1%
lake bay ltd 15.7%
View Allbarrel industries limited Estimated Valuation
Pomanda estimates the enterprise value of BARREL INDUSTRIES LIMITED at £948.6k based on a Turnover of £1.6m and 0.59x industry multiple (adjusted for size and gross margin).
barrel industries limited Estimated Valuation
Pomanda estimates the enterprise value of BARREL INDUSTRIES LIMITED at £2.2m based on an EBITDA of £523.2k and a 4.28x industry multiple (adjusted for size and gross margin).
barrel industries limited Estimated Valuation
Pomanda estimates the enterprise value of BARREL INDUSTRIES LIMITED at £65.2k based on Net Assets of £268.1k and 0.24x industry multiple (adjusted for liquidity).
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Barrel Industries Limited Overview
Barrel Industries Limited is a live company located in london, TW20 9HY with a Companies House number of 09219039. It operates in the public houses and bars sector, SIC Code 56302. Founded in September 2014, it's largest shareholder is james george with a 19.1% stake. Barrel Industries Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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Barrel Industries Limited Health Check
Pomanda's financial health check has awarded Barrel Industries Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £1.6m, make it larger than the average company (£460.8k)
- Barrel Industries Limited
£460.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (-1.5%)
- Barrel Industries Limited
-1.5% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
- Barrel Industries Limited
58% - Industry AVG
Profitability
an operating margin of 23.8% make it more profitable than the average company (6.4%)
- Barrel Industries Limited
6.4% - Industry AVG
Employees
with 22 employees, this is above the industry average (13)
22 - Barrel Industries Limited
13 - Industry AVG
Pay Structure
on an average salary of £14.7k, the company has an equivalent pay structure (£14.7k)
- Barrel Industries Limited
£14.7k - Industry AVG
Efficiency
resulting in sales per employee of £72.7k, this is more efficient (£43.8k)
- Barrel Industries Limited
£43.8k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is later than average (10 days)
- Barrel Industries Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 164 days, this is slower than average (58 days)
- Barrel Industries Limited
58 days - Industry AVG
Stock Days
it holds stock equivalent to 87 days, this is more than average (18 days)
- Barrel Industries Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (17 weeks)
12 weeks - Barrel Industries Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a similar level of debt than the average (81.5%)
86.2% - Barrel Industries Limited
81.5% - Industry AVG
BARREL INDUSTRIES LIMITED financials
Barrel Industries Limited's latest turnover from December 2022 is estimated at £1.6 million and the company has net assets of £268.1 thousand. According to their latest financial statements, Barrel Industries Limited has 22 employees and maintains cash reserves of £146.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 22 | 20 | 18 | 15 | 6 | 4 | 5 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,252,493 | 1,380,626 | 1,476,407 | 1,592,535 | 392,315 | 385,974 | 422,535 | 465,561 |
| Intangible Assets | 43,964 | 48,381 | 52,798 | 57,216 | 61,633 | 60,631 | 0 | 0 |
| Investments & Other | 0 | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 152,262 | 152,262 | 0 | 0 | 0 | 13,390 | 19,750 | 16,500 |
| Total Fixed Assets | 1,448,719 | 1,581,271 | 1,529,207 | 1,649,753 | 453,948 | 459,995 | 442,285 | 482,061 |
| Stock & work in progress | 160,621 | 700,042 | 376,865 | 398,846 | 174,173 | 126,358 | 80,867 | 46,905 |
| Trade Debtors | 95,629 | 2,469 | 109,336 | 51,622 | 6,956 | 0 | 0 | 12,136 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 84,587 | 316,753 | 222,069 | 342,560 | 39,536 | 91,215 | 25,368 | 0 |
| Cash | 146,235 | 272,093 | 744,816 | 356,224 | 196,773 | 99,515 | 116,246 | 82,274 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 487,072 | 1,291,357 | 1,453,086 | 1,149,252 | 417,438 | 317,088 | 222,481 | 141,315 |
| total assets | 1,935,791 | 2,872,628 | 2,982,293 | 2,799,005 | 871,386 | 777,083 | 664,766 | 623,376 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 29,480 | 27,597 |
| Bank loan | 0 | 53,200 | 128,903 | 112,403 | 46,403 | 32,725 | 0 | 0 |
| Trade Creditors | 303,678 | 653,347 | 310,283 | 512,253 | 195,228 | 238,011 | 172,149 | 38,862 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 317,558 | 440,031 | 238,170 | 256,288 | 60,179 | 33,471 | 62,266 | 23,510 |
| total current liabilities | 621,236 | 1,146,578 | 677,356 | 880,944 | 301,810 | 304,207 | 263,895 | 89,969 |
| loans | 1,013,919 | 1,628,663 | 1,600,860 | 835,472 | 0 | 38,479 | 67,386 | 105,226 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 32,500 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 2,843 | 2,843 | 8,547 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,046,419 | 1,669,006 | 1,603,703 | 844,019 | 0 | 38,479 | 67,386 | 105,226 |
| total liabilities | 1,667,655 | 2,815,584 | 2,281,059 | 1,724,963 | 301,810 | 342,686 | 331,281 | 195,195 |
| net assets | 268,136 | 57,044 | 701,234 | 1,074,042 | 569,576 | 434,397 | 333,485 | 428,181 |
| total shareholders funds | 268,136 | 57,044 | 701,234 | 1,074,042 | 569,576 | 434,397 | 333,485 | 428,181 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 137,483 | 124,493 | 128,625 | 81,896 | 12,071 | 52,215 | 50,776 | 46,748 |
| Amortisation | 4,417 | 4,417 | 4,418 | 4,417 | 4,626 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -539,421 | 323,177 | -21,981 | 224,673 | 47,815 | 45,491 | 33,962 | 46,905 |
| Debtors | -139,006 | 140,079 | -62,777 | 347,690 | -58,113 | 59,487 | 16,482 | 28,636 |
| Creditors | -349,669 | 343,064 | -201,970 | 317,025 | -42,783 | 65,862 | 133,287 | 38,862 |
| Accruals and Deferred Income | -122,473 | 201,861 | -18,118 | 196,109 | 26,708 | -28,795 | 38,756 | 23,510 |
| Deferred Taxes & Provisions | -2,843 | 0 | -5,704 | 8,547 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -2 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -53,200 | -75,703 | 16,500 | 66,000 | 13,678 | 32,725 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -614,744 | 27,803 | 765,388 | 835,472 | -38,479 | -28,907 | -37,840 | 105,226 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,000 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -125,858 | -472,723 | 388,592 | 159,451 | 97,258 | -16,731 | 33,972 | 82,274 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -29,480 | 1,883 | 27,597 |
| change in cash | -125,858 | -472,723 | 388,592 | 159,451 | 97,258 | 12,749 | 32,089 | 54,677 |
barrel industries limited Credit Report and Business Information
Barrel Industries Limited Competitor Analysis
Perform a competitor analysis for barrel industries limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TW20 area or any other competitors across 12 key performance metrics.
barrel industries limited Ownership
BARREL INDUSTRIES LIMITED group structure
Barrel Industries Limited has no subsidiary companies.
Ultimate parent company
BARREL INDUSTRIES LIMITED
09219039
barrel industries limited directors
Barrel Industries Limited currently has 4 directors. The longest serving directors include Mr Walid Fakhry (Apr 2017) and Mr Mark Derry (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Walid Fakhry | 56 years | Apr 2017 | - | Director | |
| Mr Mark Derry | United Kingdom | 64 years | Jun 2019 | - | Director |
| Mr Roy Pang | Hong Kong | 44 years | Sep 2019 | - | Director |
| Ms Gail Bamforth | 50 years | Oct 2022 | - | Director |
P&L
December 2022turnover
1.6m
+102%
operating profit
381.3k
0%
gross margin
58%
-1.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
268.1k
+3.7%
total assets
1.9m
-0.33%
cash
146.2k
-0.46%
net assets
Total assets minus all liabilities
barrel industries limited company details
company number
09219039
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
September 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
gladstone house 77-79, high street, london, TW20 9HY
accountant
-
auditor
-
barrel industries 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 found 5 charges/mortgages relating to barrel industries limited. Currently there are 4 open charges and 1 have been satisfied in the past.
barrel industries limited Companies House Filings - See Documents
| date | description | view/download |
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