bongo bar uk ltd

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bongo bar uk ltd Company Information

Share BONGO BAR UK LTD

Company Number

09558686

Shareholders

cecilia nti-dapaah

Group Structure

View All

Industry

Licensed restaurants

 

Registered Address

65-67 broad lane, london, N15 4DJ

Website

-

bongo bar uk ltd Estimated Valuation

£69.9k

Pomanda estimates the enterprise value of BONGO BAR UK LTD at £69.9k based on a Turnover of £124.4k and 0.56x industry multiple (adjusted for size and gross margin).

bongo bar uk ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BONGO BAR UK LTD at £0 based on an EBITDA of £-879 and a 3.55x industry multiple (adjusted for size and gross margin).

bongo bar uk ltd Estimated Valuation

£69.9k

Pomanda estimates the enterprise value of BONGO BAR UK LTD at £69.9k based on Net Assets of £26.5k and 2.64x industry multiple (adjusted for liquidity).

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Bongo Bar Uk Ltd Overview

Bongo Bar Uk Ltd is a live company located in london, N15 4DJ with a Companies House number of 09558686. It operates in the licenced restaurants sector, SIC Code 56101. Founded in April 2015, it's largest shareholder is cecilia nti-dapaah with a 100% stake. Bongo Bar Uk Ltd is a established, micro sized company, Pomanda has estimated its turnover at £124.4k with high growth in recent years.

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Bongo Bar Uk Ltd Health Check

Pomanda's financial health check has awarded Bongo Bar Uk Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £124.4k, make it smaller than the average company (£2.5m)

£124.4k - Bongo Bar Uk Ltd

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a slower rate (27.5%)

20% - Bongo Bar Uk Ltd

27.5% - Industry AVG

production

Production

with a gross margin of 38.3%, this company has a higher cost of product (58.6%)

38.3% - Bongo Bar Uk Ltd

58.6% - Industry AVG

profitability

Profitability

an operating margin of -0.7% make it less profitable than the average company (3.1%)

-0.7% - Bongo Bar Uk Ltd

3.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (49)

3 - Bongo Bar Uk Ltd

49 - Industry AVG

paystructure

Pay Structure

on an average salary of £20k, the company has an equivalent pay structure (£20k)

£20k - Bongo Bar Uk Ltd

£20k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.5k, this is less efficient (£57.6k)

£41.5k - Bongo Bar Uk Ltd

£57.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (5 days)

28 days - Bongo Bar Uk Ltd

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (46 days)

30 days - Bongo Bar Uk Ltd

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bongo Bar Uk Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Bongo Bar Uk Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.4%, this is a lower level of debt than the average (83%)

30.4% - Bongo Bar Uk Ltd

83% - Industry AVG

BONGO BAR UK LTD financials

EXPORTms excel logo

Bongo Bar Uk Ltd's latest turnover from April 2024 is estimated at £124.4 thousand and the company has net assets of £26.5 thousand. According to their latest financial statements, Bongo Bar Uk Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover124,399122,73087,51472,840120,465195,376189,170545,8543,108
Other Income Or Grants000000000
Cost Of Sales76,75078,24156,48550,00972,653119,576112,646320,5451,865
Gross Profit47,64944,48931,02922,83147,81275,80076,524225,3091,243
Admin Expenses48,52842,51027,68075049,58177,29583,534206,1861,118
Operating Profit-8791,9793,34922,081-1,769-1,495-7,01019,123125
Interest Payable000000000
Interest Receivable000000000
Pre-Tax Profit-8791,9793,34922,081-1,769-1,495-7,01019,123125
Tax0-495-636-4,195000-3,633-25
Profit After Tax-8791,4842,71317,886-1,769-1,495-7,01015,490100
Dividends Paid000000000
Retained Profit-8791,4842,71317,886-1,769-1,495-7,01015,490100
Employee Costs59,98758,71054,11650,08253,23171,93769,419169,85216,321
Number Of Employees3333344101
EBITDA*-8791,9793,34922,081-1,769-1,495-7,01019,123125

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets28,32030,81032,54035,10014,91014,60016,85014,7600
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets28,32030,81032,54035,10014,91014,60016,85014,7600
Stock & work in progress000000000
Trade Debtors9,78510,85210,4108,08010,25814,12512,36028,150100
Group Debtors000000000
Misc Debtors000000000
Cash000000000
misc current assets000000000
total current assets9,78510,85210,4108,08010,25814,12512,36028,150100
total assets38,10541,66242,95043,18025,16828,72529,21042,910100
Bank overdraft000000000
Bank loan000000000
Trade Creditors 6,5057,0638,6359,9789,85211,64010,63012,3200
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities6,5057,0638,6359,9789,85211,64010,63012,3200
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities5,0807,2008,40010,00010,00010,00010,00015,0000
provisions000000000
total long term liabilities5,0807,2008,40010,00010,00010,00010,00015,0000
total liabilities11,58514,26317,03519,97819,85221,64020,63027,3200
net assets26,52027,39925,91523,2025,3167,0858,58015,590100
total shareholders funds26,52027,39925,91523,2025,3167,0858,58015,590100
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit-8791,9793,34922,081-1,769-1,495-7,01019,123125
Depreciation000000000
Amortisation000000000
Tax0-495-636-4,195000-3,633-25
Stock000000000
Debtors-1,0674422,330-2,178-3,8671,765-15,79028,050100
Creditors-558-1,572-1,343126-1,7881,010-1,69012,3200
Accruals and Deferred Income000000000
Deferred Taxes & Provisions000000000
Cash flow from operations-370-530-96020,190310-2,2507,090-2400
Investing Activities
capital expenditure2,4901,7302,560-20,190-3102,250-2,090-14,7600
Change in Investments000000000
cash flow from investments2,4901,7302,560-20,190-3102,250-2,090-14,7600
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities-2,120-1,200-1,600000-5,00015,0000
share issue000000000
interest000000000
cash flow from financing-2,120-1,200-1,600000-5,00015,0000
cash and cash equivalents
cash000000000
overdraft000000000
change in cash000000000

bongo bar uk ltd 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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Bongo Bar Uk Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bongo bar uk ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.

bongo bar uk ltd Ownership

BONGO BAR UK LTD group structure

Bongo Bar Uk Ltd has no subsidiary companies.

Ultimate parent company

BONGO BAR UK LTD

09558686

BONGO BAR UK LTD Shareholders

cecilia nti-dapaah 100%

bongo bar uk ltd directors

Bongo Bar Uk Ltd currently has 1 director, Miss Cecilia Ntih Dapaah serving since May 2020.

officercountryagestartendrole
Miss Cecilia Ntih DapaahEngland68 years May 2020- Director

P&L

April 2024

turnover

124.4k

+1%

operating profit

-879

0%

gross margin

38.4%

+5.67%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

26.5k

-0.03%

total assets

38.1k

-0.09%

cash

0

0%

net assets

Total assets minus all liabilities

bongo bar uk ltd company details

company number

09558686

Type

Private limited with Share Capital

industry

56101 - Licensed restaurants

incorporation date

April 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

65-67 broad lane, london, N15 4DJ

Bank

-

Legal Advisor

-

bongo bar uk 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 bongo bar uk ltd.

bongo bar uk ltd 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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bongo bar uk ltd Companies House Filings - See Documents

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