irg (old) wwr limited
irg (old) wwr limited Company Information
Company Number
09696503
Next Accounts
1188 days late
Shareholders
steven walker
malcolm walker
View AllGroup Structure
View All
Industry
Licensed restaurants
Registered Address
gladstone house, 77-79 high street, egham, surrey, TW20 9HY
Website
ginodacamporestaurants.comirg (old) wwr limited Estimated Valuation
Pomanda estimates the enterprise value of IRG (OLD) WWR LIMITED at £11.2m based on a Turnover of £11.8m and 0.95x industry multiple (adjusted for size and gross margin).
irg (old) wwr limited Estimated Valuation
Pomanda estimates the enterprise value of IRG (OLD) WWR LIMITED at £0 based on an EBITDA of £-1.5m and a 6.15x industry multiple (adjusted for size and gross margin).
irg (old) wwr limited Estimated Valuation
Pomanda estimates the enterprise value of IRG (OLD) WWR LIMITED at £0 based on Net Assets of £-7.6m and 2.5x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Irg (old) Wwr Limited Overview
Irg (old) Wwr Limited is a live company located in egham, TW20 9HY with a Companies House number of 09696503. It operates in the licenced restaurants sector, SIC Code 56101. Founded in July 2015, it's largest shareholder is steven walker with a 28.3% stake. Irg (old) Wwr Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Irg (old) Wwr Limited Health Check
Pomanda's financial health check has awarded Irg (Old) Wwr Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £11.8m, make it larger than the average company (£1.2m)
£11.8m - Irg (old) Wwr Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (4%)
44% - Irg (old) Wwr Limited
4% - Industry AVG
Production
with a gross margin of 71.9%, this company has a comparable cost of product (61.7%)
71.9% - Irg (old) Wwr Limited
61.7% - Industry AVG
Profitability
an operating margin of -18.8% make it less profitable than the average company (3.3%)
-18.8% - Irg (old) Wwr Limited
3.3% - Industry AVG
Employees
with 245 employees, this is above the industry average (41)
245 - Irg (old) Wwr Limited
41 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£18k)
£17.1k - Irg (old) Wwr Limited
£18k - Industry AVG
Efficiency
resulting in sales per employee of £48.1k, this is equally as efficient (£47.7k)
£48.1k - Irg (old) Wwr Limited
£47.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (5 days)
0 days - Irg (old) Wwr Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 253 days, this is slower than average (47 days)
253 days - Irg (old) Wwr Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is more than average (12 days)
26 days - Irg (old) Wwr Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Irg (old) Wwr Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176.4%, this is a higher level of debt than the average (84.6%)
176.4% - Irg (old) Wwr Limited
84.6% - Industry AVG
IRG (OLD) WWR LIMITED financials
Irg (Old) Wwr Limited's latest turnover from March 2020 is £11.8 million and the company has net assets of -£7.6 million. According to their latest financial statements, Irg (Old) Wwr Limited has 245 employees and maintains cash reserves of £22.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|
| Turnover | 11,793,986 | 12,421,429 | 9,362,011 | 3,984,117 | |
| Other Income Or Grants | |||||
| Cost Of Sales | 3,319,731 | 3,426,368 | 2,663,624 | 1,130,170 | |
| Gross Profit | 8,474,255 | 8,995,061 | 6,698,387 | 2,853,947 | |
| Admin Expenses | 10,693,123 | 11,269,629 | 6,890,782 | 3,486,113 | |
| Operating Profit | -2,218,868 | -2,274,568 | -192,395 | -632,166 | |
| Interest Payable | 908,984 | 621,702 | 368,788 | 364,838 | |
| Interest Receivable | |||||
| Pre-Tax Profit | -3,127,852 | -2,896,270 | -561,183 | -997,004 | |
| Tax | -31,291 | 31,291 | |||
| Profit After Tax | -3,127,852 | -2,927,561 | -529,892 | -997,004 | |
| Dividends Paid | |||||
| Retained Profit | -3,127,852 | -2,927,561 | -529,892 | -997,004 | |
| Employee Costs | 4,180,989 | 4,079,668 | 3,203,164 | 1,545,372 | |
| Number Of Employees | 245 | 229 | 286 | 127 | |
| EBITDA* | -1,521,505 | -1,534,305 | 223,386 | -475,143 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 8,363,501 | 7,722,596 | 8,598,760 | 7,280,979 | |
| Intangible Assets | 342,055 | 381,374 | 133,922 | 138,451 | |
| Investments & Other | |||||
| Debtors (Due After 1 year) | 193,000 | 193,000 | 100,000 | 100,000 | |
| Total Fixed Assets | 8,898,556 | 8,296,970 | 8,832,682 | 7,519,430 | |
| Stock & work in progress | 242,694 | 219,579 | 197,533 | 186,445 | |
| Trade Debtors | 8,088 | 7,599 | 3,500 | 254 | 1 |
| Group Debtors | 610,144 | 407,848 | 512,646 | 215,289 | |
| Misc Debtors | 140,287 | 817,446 | 1,221,329 | 933,030 | |
| Cash | 22,162 | 332,135 | 517,388 | 1,148,988 | |
| misc current assets | |||||
| total current assets | 1,023,375 | 1,784,607 | 2,452,396 | 2,484,006 | 1 |
| total assets | 9,921,931 | 10,081,577 | 11,285,078 | 10,003,436 | 1 |
| Bank overdraft | |||||
| Bank loan | 4,631 | ||||
| Trade Creditors | 2,305,651 | 2,185,820 | 1,307,384 | 1,175,476 | |
| Group/Directors Accounts | 12,984,885 | 686,992 | 26,874 | 1,098,092 | |
| other short term finances | 7,125,000 | ||||
| hp & lease commitments | 166,229 | 39,189 | 13,167 | 11,126 | |
| other current liabilities | 1,779,839 | 2,075,548 | 2,013,750 | 761,653 | |
| total current liabilities | 17,241,235 | 12,112,549 | 3,361,175 | 3,046,347 | |
| loans | 2,375,000 | 9,418,052 | 7,916,265 | ||
| hp & lease commitments | 262,905 | 48,385 | 32,647 | 37,728 | |
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 262,905 | 2,423,385 | 9,450,699 | 7,953,993 | |
| total liabilities | 17,504,140 | 14,535,934 | 12,811,874 | 11,000,340 | |
| net assets | -7,582,209 | -4,454,357 | -1,526,796 | -996,904 | 1 |
| total shareholders funds | -7,582,209 | -4,454,357 | -1,526,796 | -996,904 | 1 |
| Mar 2020 | Mar 2019 | Mar 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -2,218,868 | -2,274,568 | -192,395 | -632,166 | |
| Depreciation | 670,443 | 676,569 | 411,252 | 153,474 | |
| Amortisation | 26,920 | 63,694 | 4,529 | 3,549 | |
| Tax | -31,291 | 31,291 | |||
| Stock | 23,115 | 22,046 | 11,088 | 186,445 | |
| Debtors | -474,374 | -411,582 | 588,902 | 1,248,572 | 1 |
| Creditors | 119,831 | 878,436 | 131,908 | 1,175,476 | |
| Accruals and Deferred Income | -295,709 | 61,798 | 1,252,097 | 761,653 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -1,246,124 | -235,826 | 1,038,692 | 26,969 | -1 |
| Investing Activities | |||||
| capital expenditure | -1,039,762 | -1,729,033 | -7,576,453 | ||
| Change in Investments | |||||
| cash flow from investments | -1,039,762 | -1,729,033 | -7,576,453 | ||
| Financing Activities | |||||
| Bank loans | 4,631 | ||||
| Group/Directors Accounts | 12,297,893 | 660,118 | -1,071,218 | 1,098,092 | |
| Other Short Term Loans | -7,125,000 | 7,125,000 | |||
| Long term loans | -2,375,000 | -7,043,052 | 1,501,787 | 7,916,265 | |
| Hire Purchase and Lease Commitments | 341,560 | 41,760 | -3,040 | 48,854 | |
| other long term liabilities | |||||
| share issue | |||||
| interest | -908,984 | -621,702 | -368,788 | -364,838 | |
| cash flow from financing | 2,235,100 | 162,124 | 58,741 | 8,698,472 | 1 |
| cash and cash equivalents | |||||
| cash | -309,973 | -185,253 | -631,600 | 1,148,988 | |
| overdraft | |||||
| change in cash | -309,973 | -185,253 | -631,600 | 1,148,988 |
irg (old) wwr limited Credit Report and Business Information
Irg (old) Wwr Limited Competitor Analysis
Perform a competitor analysis for irg (old) wwr limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in TW20 area or any other competitors across 12 key performance metrics.
irg (old) wwr limited Ownership
IRG (OLD) WWR LIMITED group structure
Irg (Old) Wwr Limited has no subsidiary companies.
Ultimate parent company
1 parent
IRG (OLD) WWR LIMITED
09696503
irg (old) wwr limited directors
Irg (Old) Wwr Limited currently has 3 directors. The longest serving directors include Mr Tarsem Dhaliwal (Sep 2020) and Mr Tarsem Dhaliwal (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tarsem Dhaliwal | United Kingdom | 61 years | Sep 2020 | - | Director |
| Mr Tarsem Dhaliwal | United Kingdom | 61 years | Sep 2020 | - | Director |
| Mr Richard Ewen | United Kingdom | 43 years | Mar 2022 | - | Director |
P&L
March 2020turnover
11.8m
-5%
operating profit
-2.2m
-2%
gross margin
71.9%
-0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
-7.6m
+0.7%
total assets
9.9m
-0.02%
cash
22.2k
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
irg (old) wwr limited company details
company number
09696503
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2020
previous names
gino d'acampo worldwide restaurants limited (January 2022)
accountant
-
auditor
GRANT THORNTON UK LLP
address
gladstone house, 77-79 high street, egham, surrey, TW20 9HY
Bank
HSBC BANK PLC
Legal Advisor
DLA PIPER UK LLP
irg (old) wwr 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 4 charges/mortgages relating to irg (old) wwr limited. Currently there are 0 open charges and 4 have been satisfied in the past.
irg (old) wwr limited 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.
Click to start generating capital raising & share issue transactions for IRG (OLD) WWR LIMITED. This can take several minutes, an email will notify you when this has completed.
irg (old) wwr limited Companies House Filings - See Documents
| date | description | view/download |
|---|
