6 bones limited
6 bones limited Company Information
Company Number
09705615
Website
-Registered Address
6th floor 9 appold street, london, EC2A 2AP
Industry
Other food service activities
Telephone
-
Next Accounts Due
506 days late
Group Structure
View All
Shareholders
dipak panchal 24%
hard yards global limited 22.6%
View All6 bones limited Estimated Valuation
Pomanda estimates the enterprise value of 6 BONES LIMITED at £632.3k based on a Turnover of £1.3m and 0.5x industry multiple (adjusted for size and gross margin).
6 bones limited Estimated Valuation
Pomanda estimates the enterprise value of 6 BONES LIMITED at £149.9k based on an EBITDA of £33.6k and a 4.46x industry multiple (adjusted for size and gross margin).
6 bones limited Estimated Valuation
Pomanda estimates the enterprise value of 6 BONES LIMITED at £8.3k based on Net Assets of £22k and 0.38x industry multiple (adjusted for liquidity).
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6 Bones Limited Overview
6 Bones Limited is a live company located in london, EC2A 2AP with a Companies House number of 09705615. It operates in the other food services sector, SIC Code 56290. Founded in July 2015, it's largest shareholder is dipak panchal with a 24% stake. 6 Bones Limited is a young, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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6 Bones Limited Health Check
Pomanda's financial health check has awarded 6 Bones Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
5 Regular
6 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.3m)
- 6 Bones Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (-2.7%)
- 6 Bones Limited
-2.7% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (24.8%)
- 6 Bones Limited
24.8% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (2.1%)
- 6 Bones Limited
2.1% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (21)
- 6 Bones Limited
21 - Industry AVG
Pay Structure
on an average salary of £19.3k, the company has an equivalent pay structure (£19.3k)
- 6 Bones Limited
£19.3k - Industry AVG
Efficiency
resulting in sales per employee of £63.2k, this is equally as efficient (£65.5k)
- 6 Bones Limited
£65.5k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (31 days)
- 6 Bones Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (32 days)
- 6 Bones Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 6 Bones Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (27 weeks)
1 weeks - 6 Bones Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (66.5%)
99.4% - 6 Bones Limited
66.5% - Industry AVG
6 BONES LIMITED financials
6 Bones Limited's latest turnover from July 2021 is estimated at £1.3 million and the company has net assets of £22 thousand. According to their latest financial statements, we estimate that 6 Bones Limited has 20 employees and maintains cash reserves of £50.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 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 | 6 | 4 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 14,066 | 34,262 | 43,037 | 22,007 | 8,676 | 0 |
| Intangible Assets | 8,780 | 4,060 | 4,060 | 4,060 | 4,060 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 22,846 | 38,322 | 47,097 | 26,067 | 12,736 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 195,499 | 173,868 | 43,418 | 932,179 | 169,934 | 584,009 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,116,035 | 2,939,552 | 1,943,400 | 1,187,938 | 1,184,473 | 0 |
| Cash | 50,482 | 30,850 | 6,839 | 1,191 | 5,909 | 16,214 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,362,016 | 3,144,270 | 1,993,657 | 2,121,308 | 1,360,316 | 600,223 |
| total assets | 3,384,862 | 3,182,592 | 2,040,754 | 2,147,375 | 1,373,052 | 600,223 |
| Bank overdraft | 10,000 | 833 | 0 | 357 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,146 | 93,273 | 98,928 | 31,391 | 32,054 | 68,189 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,382,371 | 1,225,302 | 1,604,744 | 1,683,619 | 828,642 | 0 |
| total current liabilities | 1,413,517 | 1,319,408 | 1,703,672 | 1,715,367 | 860,696 | 68,189 |
| loans | 1,885,466 | 1,735,193 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 63,878 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,949,344 | 1,735,193 | 0 | 0 | 0 | 0 |
| total liabilities | 3,362,861 | 3,054,601 | 1,703,672 | 1,715,367 | 860,696 | 68,189 |
| net assets | 22,001 | 127,991 | 337,082 | 432,008 | 512,356 | 532,034 |
| total shareholders funds | 22,001 | 127,991 | 337,082 | 432,008 | 512,356 | 532,034 |
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 28,899 | 20,474 | 14,253 | 2,204 | 3,517 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 198,114 | 1,126,602 | -133,299 | 765,710 | 770,398 | 584,009 |
| Creditors | -72,127 | -5,655 | 67,537 | -663 | -36,135 | 68,189 |
| Accruals and Deferred Income | 157,069 | -379,442 | -78,875 | 854,977 | 828,642 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 150,273 | 1,735,193 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 63,878 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 19,632 | 24,011 | 5,648 | -4,718 | -10,305 | 16,214 |
| overdraft | 9,167 | 833 | -357 | 357 | 0 | 0 |
| change in cash | 10,465 | 23,178 | 6,005 | -5,075 | -10,305 | 16,214 |
6 bones limited Credit Report and Business Information
6 Bones Limited Competitor Analysis
Perform a competitor analysis for 6 bones limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
6 bones limited Ownership
6 BONES LIMITED group structure
6 Bones Limited has 8 subsidiary companies.
Ultimate parent company
6 BONES LIMITED
09705615
8 subsidiaries
6 bones limited directors
6 Bones Limited currently has 6 directors. The longest serving directors include Mr Dipak Panchal (Jul 2015) and Mr Jamie Sulkin (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dipak Panchal | United Kingdom | 48 years | Jul 2015 | - | Director |
| Mr Jamie Sulkin | 45 years | Jul 2015 | - | Director | |
| Mr Samuel Norman | 46 years | Mar 2019 | - | Director | |
| Mr Robert Clarke | England | 48 years | Mar 2020 | - | Director |
| Mr Jonathan Cullen | Scotland | 62 years | Jun 2022 | - | Director |
| Mr Imran Sayyed | Scotland | 54 years | Jun 2022 | - | Director |
P&L
July 2021turnover
1.3m
-18%
operating profit
4.7k
0%
gross margin
24.9%
-5.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2021net assets
22k
-0.83%
total assets
3.4m
+0.06%
cash
50.5k
+0.64%
net assets
Total assets minus all liabilities
Similar Companies
6 bones limited company details
company number
09705615
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
July 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
July 2021
address
6th floor 9 appold street, london, EC2A 2AP
accountant
-
auditor
-
6 bones 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 1 charges/mortgages relating to 6 bones limited. Currently there are 1 open charges and 0 have been satisfied in the past.
6 bones limited Companies House Filings - See Documents
| date | description | view/download |
|---|
