porterhouse newcastle limited
porterhouse newcastle limited Company Information
Company Number
09736679
Next Accounts
11 days late
Directors
Shareholders
21 hospitality group limited
Group Structure
View All
Industry
Licensed restaurants
Registered Address
25 broad chare, quayside, newcastle upon tyne, NE1 3DQ
Website
www.21hospitality.co.ukporterhouse newcastle limited Estimated Valuation
Pomanda estimates the enterprise value of PORTERHOUSE NEWCASTLE LIMITED at £664.4k based on a Turnover of £994.9k and 0.67x industry multiple (adjusted for size and gross margin).
porterhouse newcastle limited Estimated Valuation
Pomanda estimates the enterprise value of PORTERHOUSE NEWCASTLE LIMITED at £0 based on an EBITDA of £-6.8k and a 4.31x industry multiple (adjusted for size and gross margin).
porterhouse newcastle limited Estimated Valuation
Pomanda estimates the enterprise value of PORTERHOUSE NEWCASTLE LIMITED at £235k based on Net Assets of £93.9k and 2.5x industry multiple (adjusted for liquidity).
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Porterhouse Newcastle Limited Overview
Porterhouse Newcastle Limited is a live company located in newcastle upon tyne, NE1 3DQ with a Companies House number of 09736679. It operates in the licenced restaurants sector, SIC Code 56101. Founded in August 2015, it's largest shareholder is 21 hospitality group limited with a 100% stake. Porterhouse Newcastle Limited is a established, small sized company, Pomanda has estimated its turnover at £994.9k with rapid growth in recent years.
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Porterhouse Newcastle Limited Health Check
Pomanda's financial health check has awarded Porterhouse Newcastle Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £994.9k, make it smaller than the average company (£2.2m)
- Porterhouse Newcastle Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 98%, show it is growing at a faster rate (5.1%)
- Porterhouse Newcastle Limited
5.1% - Industry AVG
Production
with a gross margin of 56.5%, this company has a comparable cost of product (56.5%)
- Porterhouse Newcastle Limited
56.5% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (3.1%)
- Porterhouse Newcastle Limited
3.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (47)
1 - Porterhouse Newcastle Limited
47 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
- Porterhouse Newcastle Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £994.9k, this is more efficient (£53.8k)
- Porterhouse Newcastle Limited
£53.8k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (6 days)
- Porterhouse Newcastle Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 114 days, this is slower than average (49 days)
- Porterhouse Newcastle Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is more than average (12 days)
- Porterhouse Newcastle Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Porterhouse Newcastle Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.8%, this is a similar level of debt than the average (80.4%)
85.8% - Porterhouse Newcastle Limited
80.4% - Industry AVG
PORTERHOUSE NEWCASTLE LIMITED financials
Porterhouse Newcastle Limited's latest turnover from June 2023 is estimated at £994.9 thousand and the company has net assets of £93.9 thousand. According to their latest financial statements, Porterhouse Newcastle Limited has 1 employee and maintains cash reserves of £32.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 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 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,848 | 43,797 | 18,820 | 21,821 | 30,672 | 42,132 | 35,167 | 43,126 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 32,848 | 43,797 | 18,820 | 21,821 | 30,672 | 42,132 | 35,167 | 43,126 |
| Stock & work in progress | 20,122 | 19,459 | 16,222 | 19,003 | 16,068 | 16,250 | 2,767 | 3,796 |
| Trade Debtors | 60,927 | 94,144 | 120,263 | 2,812 | 177,507 | 133,914 | 19,964 | 31,674 |
| Group Debtors | 511,599 | 406,106 | 384,162 | 421,737 | 151,054 | 31,482 | 17,907 | 7,593 |
| Misc Debtors | 1,927 | 1,836 | 1,661 | 1,623 | 1,605 | 1,926 | 564 | 13,508 |
| Cash | 32,582 | 11,555 | 30,022 | 8,754 | 3,406 | 77,661 | 3,670 | 19,186 |
| misc current assets | ||||||||
| total current assets | 627,157 | 533,100 | 552,330 | 453,929 | 349,640 | 261,233 | 44,872 | 75,757 |
| total assets | 660,005 | 576,897 | 571,150 | 475,750 | 380,312 | 303,365 | 80,039 | 118,883 |
| Bank overdraft | 5,833 | 325 | ||||||
| Bank loan | 10,000 | 10,000 | ||||||
| Trade Creditors | 135,852 | 85,345 | 116,328 | 104,329 | 165,267 | 116,038 | 14,229 | 21,202 |
| Group/Directors Accounts | 113,361 | 97,301 | 118,388 | 125,879 | 97,794 | 197,136 | 115,581 | 80,681 |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 280,750 | 228,940 | 181,627 | 143,237 | 47,256 | 32,690 | 19,639 | 22,380 |
| total current liabilities | 539,963 | 421,586 | 422,176 | 373,770 | 310,317 | 345,864 | 149,449 | 124,263 |
| loans | 24,167 | 34,167 | 44,167 | |||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 1,951 | 6,250 | ||||||
| total long term liabilities | 26,118 | 40,417 | 44,167 | |||||
| total liabilities | 566,081 | 462,003 | 466,343 | 373,770 | 310,317 | 345,864 | 149,449 | 124,263 |
| net assets | 93,924 | 114,894 | 104,807 | 101,980 | 69,995 | -42,499 | -69,410 | -5,380 |
| total shareholders funds | 93,924 | 114,894 | 104,807 | 101,980 | 69,995 | -42,499 | -69,410 | -5,380 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 10,949 | 6,478 | 7,225 | 8,851 | 11,460 | 11,681 | 10,926 | 8,098 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 663 | 3,237 | -2,781 | 2,935 | -182 | 13,483 | -1,029 | 3,796 |
| Debtors | 72,367 | -4,000 | 79,914 | 96,006 | 162,844 | 128,887 | -14,340 | 52,775 |
| Creditors | 50,507 | -30,983 | 11,999 | -60,938 | 49,229 | 101,809 | -6,973 | 21,202 |
| Accruals and Deferred Income | 51,810 | 47,313 | 38,390 | 95,981 | 14,566 | 13,051 | -2,741 | 22,380 |
| Deferred Taxes & Provisions | -4,299 | 6,250 | ||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 10,000 | |||||||
| Group/Directors Accounts | 16,060 | -21,087 | -7,491 | 28,085 | -99,342 | 81,555 | 34,900 | 80,681 |
| Other Short Term Loans | ||||||||
| Long term loans | -10,000 | -10,000 | 44,167 | |||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 21,027 | -18,467 | 21,268 | 5,348 | -74,255 | 73,991 | -15,516 | 19,186 |
| overdraft | -5,833 | 5,508 | 325 | |||||
| change in cash | 21,027 | -12,634 | 15,760 | 5,023 | -74,255 | 73,991 | -15,516 | 19,186 |
porterhouse newcastle limited Credit Report and Business Information
Porterhouse Newcastle Limited Competitor Analysis
Perform a competitor analysis for porterhouse newcastle limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.
porterhouse newcastle limited Ownership
PORTERHOUSE NEWCASTLE LIMITED group structure
Porterhouse Newcastle Limited has no subsidiary companies.
Ultimate parent company
1 parent
PORTERHOUSE NEWCASTLE LIMITED
09736679
porterhouse newcastle limited directors
Porterhouse Newcastle Limited currently has 1 director, Mr Laurance Laybourne serving since Aug 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Laurance Laybourne | 80 years | Aug 2015 | - | Director |
P&L
June 2023turnover
994.9k
-25%
operating profit
-17.8k
0%
gross margin
56.6%
-0.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
93.9k
-0.18%
total assets
660k
+0.14%
cash
32.6k
+1.82%
net assets
Total assets minus all liabilities
Similar Companies
porterhouse newcastle limited company details
company number
09736679
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
ko sai noodle limited (July 2017)
accountant
-
auditor
-
address
25 broad chare, quayside, newcastle upon tyne, NE1 3DQ
Bank
-
Legal Advisor
-
porterhouse newcastle 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 porterhouse newcastle limited.
porterhouse newcastle limited Capital Raised & Share Issues BETA
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porterhouse newcastle limited Companies House Filings - See Documents
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