the red hart inn ltd
the red hart inn ltd Company Information
Company Number
09626627
Website
redhartkington.co.ukRegistered Address
the red hart inn blaisdon, longhope, gloucester, glos, GL17 0AH
Industry
Public houses and bars
Telephone
01452830477
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
mr rakesh kaushik 50%
mrs sharon angela hookings 50%
the red hart inn ltd Estimated Valuation
Pomanda estimates the enterprise value of THE RED HART INN LTD at £309.1k based on a Turnover of £531.6k and 0.58x industry multiple (adjusted for size and gross margin).
the red hart inn ltd Estimated Valuation
Pomanda estimates the enterprise value of THE RED HART INN LTD at £3.8k based on an EBITDA of £904 and a 4.24x industry multiple (adjusted for size and gross margin).
the red hart inn ltd Estimated Valuation
Pomanda estimates the enterprise value of THE RED HART INN LTD at £75.8k based on Net Assets of £40.9k and 1.85x industry multiple (adjusted for liquidity).
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The Red Hart Inn Ltd Overview
The Red Hart Inn Ltd is a live company located in gloucester, GL17 0AH with a Companies House number of 09626627. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2015, it's largest shareholder is mr rakesh kaushik with a 50% stake. The Red Hart Inn Ltd is a young, small sized company, Pomanda has estimated its turnover at £531.6k with high growth in recent years.
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The Red Hart Inn Ltd Health Check
Pomanda's financial health check has awarded The Red Hart Inn Ltd a 4.5 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
2 Regular
3 Weak
Size
annual sales of £531.6k, make it larger than the average company (£437.6k)
- The Red Hart Inn Ltd
£437.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.8%)
- The Red Hart Inn Ltd
2.8% - Industry AVG
Production
with a gross margin of 55.2%, this company has a comparable cost of product (55.2%)
- The Red Hart Inn Ltd
55.2% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (5.7%)
- The Red Hart Inn Ltd
5.7% - Industry AVG
Employees
with 20 employees, this is above the industry average (10)
20 - The Red Hart Inn Ltd
10 - Industry AVG
Pay Structure
on an average salary of £14.5k, the company has an equivalent pay structure (£14.5k)
- The Red Hart Inn Ltd
£14.5k - Industry AVG
Efficiency
resulting in sales per employee of £26.6k, this is less efficient (£46.1k)
- The Red Hart Inn Ltd
£46.1k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (9 days)
- The Red Hart Inn Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (47 days)
- The Red Hart Inn Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Red Hart Inn Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (14 weeks)
29 weeks - The Red Hart Inn Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.6%, this is a lower level of debt than the average (83.3%)
58.6% - The Red Hart Inn Ltd
83.3% - Industry AVG
THE RED HART INN LTD financials
The Red Hart Inn Ltd's latest turnover from May 2023 is estimated at £531.6 thousand and the company has net assets of £40.9 thousand. According to their latest financial statements, The Red Hart Inn Ltd has 20 employees and maintains cash reserves of £29.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 20 | 21 | 16 | 10 | 15 | 15 | 12 | 14 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,740 | 50,921 | 59,529 | 20,298 | 22,269 | 24,450 | 27,334 | 30,773 |
| Intangible Assets | 24,200 | 24,200 | 24,200 | 25,929 | 27,658 | 29,387 | 31,116 | 32,845 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 67,940 | 75,121 | 83,729 | 46,227 | 49,927 | 53,837 | 58,450 | 63,618 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,577 | 1,701 | 3,908 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 47,161 |
| Cash | 29,051 | 20,757 | 51,021 | 23,286 | 17,261 | 17,165 | 22,462 | 13,157 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 30,728 | 22,458 | 54,929 | 23,286 | 17,261 | 17,165 | 22,462 | 60,318 |
| total assets | 98,668 | 97,579 | 138,658 | 69,513 | 67,188 | 71,002 | 80,912 | 123,936 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,530 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,506 | 2,181 | 6,428 | 2,365 | 3,927 | 3,158 | 3,158 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 24,052 | 30,397 | 51,585 | 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 | 39,541 | 38,957 | 17,912 | 39,357 | 16,863 | 16,854 | 15,393 | 54,435 |
| total current liabilities | 51,047 | 41,138 | 24,340 | 41,722 | 44,842 | 50,409 | 70,136 | 65,965 |
| loans | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 52,369 |
| 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 | 6,746 | 9,985 | 10,746 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,746 | 9,985 | 60,746 | 0 | 0 | 0 | 0 | 52,369 |
| total liabilities | 57,793 | 51,123 | 85,086 | 41,722 | 44,842 | 50,409 | 70,136 | 118,334 |
| net assets | 40,875 | 46,456 | 53,572 | 27,791 | 22,346 | 20,593 | 10,776 | 5,602 |
| total shareholders funds | 40,875 | 46,456 | 53,572 | 27,791 | 22,346 | 20,593 | 10,776 | 5,602 |
| May 2023 | May 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 7,606 | 8,608 | 13,135 | 1,971 | 2,181 | 1,755 | 2,310 | 4,238 |
| Amortisation | 0 | 0 | 1,729 | 1,729 | 1,729 | 1,729 | 1,729 | 1,729 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24 | -2,207 | 3,908 | 0 | 0 | 0 | -47,161 | 47,161 |
| Creditors | 9,325 | -4,247 | 4,063 | -1,562 | 769 | 0 | 3,158 | 0 |
| Accruals and Deferred Income | 584 | 21,045 | -21,445 | 22,494 | 9 | 1,461 | -39,042 | 54,435 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -24,052 | -6,345 | -21,188 | 51,585 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -50,000 | 50,000 | 0 | 0 | 0 | -52,369 | 52,369 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,239 | -761 | 10,746 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 8,294 | -30,264 | 27,735 | 6,025 | 96 | -5,297 | 9,305 | 13,157 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -11,530 | 11,530 |
| change in cash | 8,294 | -30,264 | 27,735 | 6,025 | 96 | -5,297 | 20,835 | 1,627 |
the red hart inn ltd Credit Report and Business Information
The Red Hart Inn Ltd Competitor Analysis
Perform a competitor analysis for the red hart inn ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in GL17 area or any other competitors across 12 key performance metrics.
the red hart inn ltd Ownership
THE RED HART INN LTD group structure
The Red Hart Inn Ltd has no subsidiary companies.
Ultimate parent company
THE RED HART INN LTD
09626627
the red hart inn ltd directors
The Red Hart Inn Ltd currently has 2 directors. The longest serving directors include Mrs Sharon Hookings (Jun 2015) and Mr Rakesh Kaushik (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sharon Hookings | United Kingdom | 49 years | Jun 2015 | - | Director |
| Mr Rakesh Kaushik | United Kingdom | 53 years | Jun 2015 | - | Director |
P&L
May 2023turnover
531.6k
+29%
operating profit
-6.7k
0%
gross margin
55.2%
-6.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
40.9k
-0.12%
total assets
98.7k
+0.01%
cash
29.1k
+0.4%
net assets
Total assets minus all liabilities
Similar Companies
the red hart inn ltd company details
company number
09626627
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
STERLING ACCOUNTING SERVICES LIMITED
auditor
-
address
the red hart inn blaisdon, longhope, gloucester, glos, GL17 0AH
Bank
-
Legal Advisor
-
the red hart inn 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 the red hart inn ltd.
the red hart inn ltd Companies House Filings - See Documents
| date | description | view/download |
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