bar fever (fleet) ltd
bar fever (fleet) ltd Company Information
Company Number
09349502
Website
-Registered Address
3 monkspath hall road, solihull, B90 4SJ
Industry
Licensed clubs
Telephone
03300949251
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
bar fever ltd 100%
bar fever (fleet) ltd Estimated Valuation
Pomanda estimates the enterprise value of BAR FEVER (FLEET) LTD at £411.8k based on a Turnover of £991k and 0.42x industry multiple (adjusted for size and gross margin).
bar fever (fleet) ltd Estimated Valuation
Pomanda estimates the enterprise value of BAR FEVER (FLEET) LTD at £347.2k based on an EBITDA of £135k and a 2.57x industry multiple (adjusted for size and gross margin).
bar fever (fleet) ltd Estimated Valuation
Pomanda estimates the enterprise value of BAR FEVER (FLEET) LTD at £1.8m based on Net Assets of £728k and 2.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bar Fever (fleet) Ltd Overview
Bar Fever (fleet) Ltd is a live company located in solihull, B90 4SJ with a Companies House number of 09349502. It operates in the licenced clubs sector, SIC Code 56301. Founded in December 2014, it's largest shareholder is bar fever ltd with a 100% stake. Bar Fever (fleet) Ltd is a established, small sized company, Pomanda has estimated its turnover at £991k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bar Fever (fleet) Ltd Health Check
Pomanda's financial health check has awarded Bar Fever (Fleet) Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £991k, make it larger than the average company (£324.9k)
£991k - Bar Fever (fleet) Ltd
£324.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (-6.7%)
-12% - Bar Fever (fleet) Ltd
-6.7% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (53.4%)
17.3% - Bar Fever (fleet) Ltd
53.4% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (-1.2%)
-3.1% - Bar Fever (fleet) Ltd
-1.2% - Industry AVG
Employees
with 25 employees, this is above the industry average (17)
25 - Bar Fever (fleet) Ltd
17 - Industry AVG
Pay Structure
on an average salary of £8.1k, the company has a lower pay structure (£10.8k)
£8.1k - Bar Fever (fleet) Ltd
£10.8k - Industry AVG
Efficiency
resulting in sales per employee of £39.6k, this is more efficient (£31.5k)
£39.6k - Bar Fever (fleet) Ltd
£31.5k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (17 days)
5 days - Bar Fever (fleet) Ltd
17 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is quicker than average (67 days)
44 days - Bar Fever (fleet) Ltd
67 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (33 days)
9 days - Bar Fever (fleet) Ltd
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Bar Fever (fleet) Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.2%, this is a lower level of debt than the average (79.9%)
41.2% - Bar Fever (fleet) Ltd
79.9% - Industry AVG
BAR FEVER (FLEET) LTD financials
Bar Fever (Fleet) Ltd's latest turnover from September 2022 is £991 thousand and the company has net assets of £728 thousand. According to their latest financial statements, Bar Fever (Fleet) Ltd has 25 employees and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 991,000 | 293,000 | 1,177,000 | 1,477,723 | 1,795,279 | 1,789,832 | 1,608,172 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 820,000 | 435,000 | 1,114,000 | 652,217 | 720,198 | 706,241 | 593,078 |
| Gross Profit | 171,000 | -142,000 | 63,000 | 825,506 | 1,075,081 | 1,083,591 | 1,015,094 |
| Admin Expenses | 202,000 | 73,000 | 41,000 | 595,015 | 737,781 | 736,007 | 724,346 |
| Operating Profit | -31,000 | -215,000 | 22,000 | 230,491 | 337,300 | 347,584 | 290,748 |
| Interest Payable | 21,000 | 21,000 | 24,000 | 11,447 | 845 | 3,121 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -52,000 | -236,000 | -2,000 | 229,603 | 336,455 | 344,463 | 288,147 |
| Tax | 30,000 | 0 | 5,000 | -43,624 | -63,926 | -49,415 | -58,317 |
| Profit After Tax | -22,000 | -236,000 | 3,000 | 185,979 | 272,529 | 295,048 | 229,830 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -22,000 | -236,000 | 3,000 | 185,979 | 272,529 | 295,048 | 229,830 |
| Employee Costs | 203,000 | 149,000 | 327,000 | 156,917 | |||
| Number Of Employees | 25 | 18 | 22 | 30 | 33 | 37 | 36 |
| EBITDA* | 135,000 | -42,000 | 162,000 | 245,261 | 356,993 | 373,841 | 325,757 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 782,000 | 923,000 | 1,043,000 | 44,308 | 59,078 | 78,771 | 105,028 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 782,000 | 923,000 | 1,043,000 | 44,308 | 59,078 | 78,771 | 105,028 |
| Stock & work in progress | 21,000 | 24,000 | 32,000 | 7,715 | 15,581 | 12,333 | 16,661 |
| Trade Debtors | 14,000 | 14,000 | 70,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 286,000 | 374,000 | 2,808,000 | 954,757 | 842,322 | 496,941 | 79,310 |
| Misc Debtors | 131,000 | 78,000 | 81,000 | 17,168 | 16,225 | 35,448 | 15,685 |
| Cash | 3,000 | 4,000 | 0 | 301,848 | 236,164 | 187,188 | 263,800 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 455,000 | 494,000 | 2,991,000 | 1,281,488 | 1,110,292 | 731,910 | 375,456 |
| total assets | 1,237,000 | 1,417,000 | 4,034,000 | 1,325,796 | 1,169,370 | 810,681 | 480,484 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 5,092 | 32,175 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 100,000 | 156,000 | 643,000 | 49,220 | 57,733 | 81,368 | 92,027 |
| Group/Directors Accounts | 0 | 0 | 1,744,000 | 199,620 | 197,103 | 77,739 | 1,737 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 55,000 | 98,000 | 53,000 | 0 | 0 | 0 | 0 |
| other current liabilities | 34,000 | 43,000 | 143,000 | 89,020 | 110,621 | 112,392 | 105,681 |
| total current liabilities | 189,000 | 297,000 | 2,583,000 | 337,860 | 365,457 | 276,591 | 231,620 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 5,417 |
| hp & lease commitments | 320,000 | 370,000 | 465,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 4,548 | 6,504 | 9,210 | 13,615 |
| total long term liabilities | 320,000 | 370,000 | 465,000 | 4,548 | 6,504 | 9,210 | 19,032 |
| total liabilities | 509,000 | 667,000 | 3,048,000 | 342,408 | 371,961 | 285,801 | 250,652 |
| net assets | 728,000 | 750,000 | 986,000 | 983,388 | 797,409 | 524,880 | 229,832 |
| total shareholders funds | 728,000 | 750,000 | 986,000 | 983,388 | 797,409 | 524,880 | 229,832 |
| Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -31,000 | -215,000 | 22,000 | 230,491 | 337,300 | 347,584 | 290,748 |
| Depreciation | 166,000 | 173,000 | 140,000 | 14,770 | 19,693 | 26,257 | 35,009 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 30,000 | 0 | 5,000 | -43,624 | -63,926 | -49,415 | -58,317 |
| Stock | -3,000 | -8,000 | 24,285 | -7,866 | 3,248 | -4,328 | 16,661 |
| Debtors | -35,000 | -2,493,000 | 1,987,075 | 113,378 | 326,158 | 437,394 | 94,995 |
| Creditors | -56,000 | -487,000 | 593,780 | -8,513 | -23,635 | -10,659 | 92,027 |
| Accruals and Deferred Income | -9,000 | -100,000 | 53,980 | -21,601 | -1,771 | 6,711 | 105,681 |
| Deferred Taxes & Provisions | 0 | 0 | -4,548 | -1,956 | -2,706 | -4,405 | 13,615 |
| Cash flow from operations | 138,000 | 1,872,000 | -1,201,148 | 64,055 | -64,451 | -116,993 | 367,107 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -1,744,000 | 1,544,380 | 2,517 | 119,364 | 76,002 | 1,737 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -5,417 | 5,417 |
| Hire Purchase and Lease Commitments | -93,000 | -50,000 | 518,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -21,000 | -21,000 | -24,000 | -11,447 | -845 | -3,121 | |
| cash flow from financing | -114,000 | -1,815,000 | 2,037,992 | -8,930 | 118,519 | 67,464 | |
| cash and cash equivalents | |||||||
| cash | -1,000 | 4,000 | -301,848 | 65,684 | 48,976 | -76,612 | 263,800 |
| overdraft | 0 | 0 | 0 | 0 | -5,092 | -27,083 | 32,175 |
| change in cash | -1,000 | 4,000 | -301,848 | 65,684 | 54,068 | -49,529 | 231,625 |
bar fever (fleet) ltd Credit Report and Business Information
Bar Fever (fleet) Ltd Competitor Analysis
Perform a competitor analysis for bar fever (fleet) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bar fever (fleet) ltd Ownership
BAR FEVER (FLEET) LTD group structure
Bar Fever (Fleet) Ltd has no subsidiary companies.
Ultimate parent company
STONEGATE PUB COMPANY TOPCO SARL
#0134584
2 parents
BAR FEVER (FLEET) LTD
09349502
bar fever (fleet) ltd directors
Bar Fever (Fleet) Ltd currently has 2 directors. The longest serving directors include Mr David Ross (Jan 2019) and Mr David McDowall (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Ross | United Kingdom | 51 years | Jan 2019 | - | Director |
| Mr David McDowall | Scotland | 45 years | Feb 2023 | - | Director |
P&L
September 2022turnover
991k
+238%
operating profit
-31k
-86%
gross margin
17.3%
-135.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
728k
-0.03%
total assets
1.2m
-0.13%
cash
3k
-0.25%
net assets
Total assets minus all liabilities
Similar Companies
bar fever (fleet) ltd company details
company number
09349502
Type
Private limited with Share Capital
industry
56301 - Licensed clubs
incorporation date
December 2014
age
10
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
3 monkspath hall road, solihull, B90 4SJ
last accounts submitted
September 2022
bar fever (fleet) 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 bar fever (fleet) ltd.
bar fever (fleet) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
