bar hire solutions limited
bar hire solutions limited Company Information
Company Number
09433909
Website
barhiresolutions.co.ukRegistered Address
14 north avenue horbury, wakefield, west yorkshire, WF4 5JS
Industry
Public houses and bars
Telephone
447798686601
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
karl allan hardwick 50%
christopher olenczyn 50%
bar hire solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BAR HIRE SOLUTIONS LIMITED at £156k based on a Turnover of £311.1k and 0.5x industry multiple (adjusted for size and gross margin).
bar hire solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BAR HIRE SOLUTIONS LIMITED at £181.6k based on an EBITDA of £49.7k and a 3.65x industry multiple (adjusted for size and gross margin).
bar hire solutions limited Estimated Valuation
Pomanda estimates the enterprise value of BAR HIRE SOLUTIONS LIMITED at £522.1k based on Net Assets of £281.6k and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Bar Hire Solutions Limited Overview
Bar Hire Solutions Limited is a live company located in west yorkshire, WF4 5JS with a Companies House number of 09433909. It operates in the public houses and bars sector, SIC Code 56302. Founded in February 2015, it's largest shareholder is karl allan hardwick with a 50% stake. Bar Hire Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £311.1k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Bar Hire Solutions Limited Health Check
Pomanda's financial health check has awarded Bar Hire Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £311.1k, make it smaller than the average company (£517.3k)
- Bar Hire Solutions Limited
£517.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (11.2%)
- Bar Hire Solutions Limited
11.2% - Industry AVG
Production
with a gross margin of 40%, this company has a higher cost of product (56.7%)
- Bar Hire Solutions Limited
56.7% - Industry AVG
Profitability
an operating margin of 13% make it more profitable than the average company (5.6%)
- Bar Hire Solutions Limited
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Bar Hire Solutions Limited
12 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
- Bar Hire Solutions Limited
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £155.5k, this is more efficient (£50.2k)
- Bar Hire Solutions Limited
£50.2k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (9 days)
- Bar Hire Solutions Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (48 days)
- Bar Hire Solutions Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bar Hire Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 317 weeks, this is more cash available to meet short term requirements (11 weeks)
317 weeks - Bar Hire Solutions Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.6%, this is a lower level of debt than the average (80.9%)
14.6% - Bar Hire Solutions Limited
80.9% - Industry AVG
BAR HIRE SOLUTIONS LIMITED financials
Bar Hire Solutions Limited's latest turnover from December 2023 is estimated at £311.1 thousand and the company has net assets of £281.6 thousand. According to their latest financial statements, Bar Hire Solutions Limited has 2 employees and maintains cash reserves of £228.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,368 | 35,604 | 7,547 | 9,681 | 12,459 | 16,085 | 16,706 | 17,990 | 11,987 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,368 | 35,604 | 7,547 | 9,681 | 12,459 | 16,085 | 16,706 | 17,990 | 11,987 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 73,042 | 55,828 | 59,536 | 32,512 | 42,399 | 13,280 | 3,340 | 2,798 | 483 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 228,482 | 183,738 | 141,273 | 102,185 | 81,990 | 58,076 | 36,727 | 27,029 | 33,071 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 301,524 | 239,566 | 200,809 | 134,697 | 124,389 | 71,356 | 40,067 | 29,827 | 33,554 |
| total assets | 329,892 | 275,170 | 208,356 | 144,378 | 136,848 | 87,441 | 56,773 | 47,817 | 45,541 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 37,429 | 17,941 | 27,997 | 21,366 | 36,464 | 23,050 | 20,329 | 16,286 | 25,306 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 37,429 | 17,941 | 27,997 | 21,366 | 36,464 | 23,050 | 20,329 | 16,286 | 25,306 |
| 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 | 3,360 | 7,025 | 0 | 0 | 0 | 0 | 1,615 | 4,846 | 0 |
| provisions | 7,518 | 6,765 | 1,434 | 1,839 | 2,367 | 3,056 | 3,174 | 3,598 | 2,397 |
| total long term liabilities | 10,878 | 13,790 | 1,434 | 1,839 | 2,367 | 3,056 | 4,789 | 8,444 | 2,397 |
| total liabilities | 48,307 | 31,731 | 29,431 | 23,205 | 38,831 | 26,106 | 25,118 | 24,730 | 27,703 |
| net assets | 281,585 | 243,439 | 178,925 | 121,173 | 98,017 | 61,335 | 31,655 | 23,087 | 17,838 |
| total shareholders funds | 281,585 | 243,439 | 178,925 | 121,173 | 98,017 | 61,335 | 31,655 | 23,087 | 17,838 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 9,127 | 2,938 | 2,134 | 2,778 | 3,626 | 4,241 | 4,839 | 4,616 | 2,399 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,447 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,214 | -3,708 | 27,024 | -9,887 | 29,119 | 9,940 | 542 | 2,315 | 483 |
| Creditors | 19,488 | -10,056 | 6,631 | -15,098 | 13,414 | 2,721 | 4,043 | -9,020 | 25,306 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 753 | 5,331 | -405 | -528 | -689 | -118 | -424 | 1,201 | 2,397 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -3,665 | 7,025 | 0 | 0 | 0 | -1,615 | -3,231 | 4,846 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 44,744 | 42,465 | 39,088 | 20,195 | 23,914 | 21,349 | 9,698 | -6,042 | 33,071 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 44,744 | 42,465 | 39,088 | 20,195 | 23,914 | 21,349 | 9,698 | -6,042 | 33,071 |
bar hire solutions limited Credit Report and Business Information
Bar Hire Solutions Limited Competitor Analysis
Perform a competitor analysis for bar hire solutions limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in WF4 area or any other competitors across 12 key performance metrics.
bar hire solutions limited Ownership
BAR HIRE SOLUTIONS LIMITED group structure
Bar Hire Solutions Limited has no subsidiary companies.
Ultimate parent company
BAR HIRE SOLUTIONS LIMITED
09433909
bar hire solutions limited directors
Bar Hire Solutions Limited currently has 2 directors. The longest serving directors include Mr Christopher Olenczyn (Feb 2015) and Mr Karl Hardwick (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Olenczyn | United Kingdom | 40 years | Feb 2015 | - | Director |
| Mr Karl Hardwick | England | 46 years | Feb 2015 | - | Director |
P&L
December 2023turnover
311.1k
+59%
operating profit
40.6k
0%
gross margin
40%
-2.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
281.6k
+0.16%
total assets
329.9k
+0.2%
cash
228.5k
+0.24%
net assets
Total assets minus all liabilities
bar hire solutions limited company details
company number
09433909
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
B & H ACCOUNTANCY LTD
auditor
-
address
14 north avenue horbury, wakefield, west yorkshire, WF4 5JS
Bank
HSBC
Legal Advisor
-
bar hire solutions 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 bar hire solutions limited.
bar hire solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
