meraki restaurants limited
meraki restaurants limited Company Information
Company Number
09984893
Website
www.merakibg.comRegistered Address
5 market yard mews, 194-204 bermondsey street, london, SE1 3TQ
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
nostira ltd 20.8%
devi investments limited 20.2%
View Allmeraki restaurants limited Estimated Valuation
Pomanda estimates the enterprise value of MERAKI RESTAURANTS LIMITED at £1.4m based on a Turnover of £2.1m and 0.67x industry multiple (adjusted for size and gross margin).
meraki restaurants limited Estimated Valuation
Pomanda estimates the enterprise value of MERAKI RESTAURANTS LIMITED at £396.1k based on an EBITDA of £75.6k and a 5.24x industry multiple (adjusted for size and gross margin).
meraki restaurants limited Estimated Valuation
Pomanda estimates the enterprise value of MERAKI RESTAURANTS LIMITED at £0 based on Net Assets of £-549k and 3.1x industry multiple (adjusted for liquidity).
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Meraki Restaurants Limited Overview
Meraki Restaurants Limited is a live company located in london, SE1 3TQ with a Companies House number of 09984893. It operates in the licenced restaurants sector, SIC Code 56101. Founded in February 2016, it's largest shareholder is nostira ltd with a 20.8% stake. Meraki Restaurants Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with low growth in recent years.
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Meraki Restaurants Limited Health Check
Pomanda's financial health check has awarded Meraki Restaurants Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£3.4m)
- Meraki Restaurants Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (12.4%)
- Meraki Restaurants Limited
12.4% - Industry AVG
Production
with a gross margin of 56.6%, this company has a comparable cost of product (56.6%)
- Meraki Restaurants Limited
56.6% - Industry AVG
Profitability
an operating margin of -7.6% make it less profitable than the average company (2.2%)
- Meraki Restaurants Limited
2.2% - Industry AVG
Employees
with 58 employees, this is similar to the industry average (58)
58 - Meraki Restaurants Limited
58 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)
- Meraki Restaurants Limited
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is less efficient (£53.7k)
- Meraki Restaurants Limited
£53.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
- Meraki Restaurants Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 216 days, this is slower than average (47 days)
- Meraki Restaurants Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 18 days, this is more than average (11 days)
- Meraki Restaurants Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (10 weeks)
8 weeks - Meraki Restaurants Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.9%, this is a higher level of debt than the average (87.7%)
123.9% - Meraki Restaurants Limited
87.7% - Industry AVG
MERAKI RESTAURANTS LIMITED financials
Meraki Restaurants Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of -£549 thousand. According to their latest financial statements, Meraki Restaurants Limited has 58 employees and maintains cash reserves of £148.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 58 | 53 | 51 | 58 | 56 | 47 | 49 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,751,449 | 1,936,302 | 2,061,313 | 2,290,930 | 2,595,848 | 2,764,860 | 2,838,937 | 901,201 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 130,713 | 130,713 | 113,213 | 113,213 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,882,162 | 2,067,015 | 2,174,526 | 2,404,143 | 2,595,848 | 2,764,860 | 2,838,937 | 901,201 |
| Stock & work in progress | 45,705 | 53,969 | 61,000 | 48,023 | 60,466 | 43,254 | 48,978 | 0 |
| Trade Debtors | 8,081 | 1,200 | 24,724 | 25,465 | 48,867 | 36,553 | 14,401 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 211,904 | 300,112 | 253,926 | 402,098 | 530,370 | 215,440 | 191,731 | 207,332 |
| Cash | 148,701 | 175,283 | 198,288 | 1,160 | 181,071 | 12,629 | 67,712 | 1,019,985 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 414,391 | 530,564 | 537,938 | 476,746 | 820,774 | 307,876 | 322,822 | 1,227,317 |
| total assets | 2,296,553 | 2,597,579 | 2,712,464 | 2,880,889 | 3,416,622 | 3,072,736 | 3,161,759 | 2,128,518 |
| Bank overdraft | 0 | 0 | 0 | 81,306 | 0 | 34,528 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 530,591 | 539,198 | 653,079 | 405,078 | 418,511 | 377,390 | 318,528 | 150,428 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 433,975 | 406,010 | 3,242,929 | 3,448,130 | 3,385,333 | 3,253,027 | 3,011,481 | 2,089,583 |
| total current liabilities | 964,566 | 945,208 | 3,896,008 | 3,934,514 | 3,803,844 | 3,664,945 | 3,330,009 | 2,240,011 |
| loans | 1,880,956 | 1,776,074 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,880,956 | 1,776,074 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,845,522 | 2,721,282 | 3,896,008 | 3,934,514 | 3,803,844 | 3,664,945 | 3,330,009 | 2,240,011 |
| net assets | -548,969 | -123,703 | -1,183,544 | -1,053,625 | -387,222 | -592,209 | -168,250 | -111,493 |
| total shareholders funds | -548,969 | -123,703 | -1,183,544 | -1,053,625 | -387,222 | -592,209 | -168,250 | -111,493 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 233,079 | 243,092 | 288,699 | 335,778 | 328,002 | 288,443 | 115,079 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -8,264 | -7,031 | 12,977 | -12,443 | 17,212 | -5,724 | 48,978 | 0 |
| Debtors | -81,327 | 40,162 | -148,913 | -38,461 | 327,244 | 45,861 | -1,200 | 207,332 |
| Creditors | -8,607 | -113,881 | 248,001 | -13,433 | 41,121 | 58,862 | 168,100 | 150,428 |
| Accruals and Deferred Income | 27,965 | -2,836,919 | -205,201 | 62,797 | 132,306 | 241,546 | 921,898 | 2,089,583 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 104,882 | 1,776,074 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -26,582 | -23,005 | 197,128 | -179,911 | 168,442 | -55,083 | -952,273 | 1,019,985 |
| overdraft | 0 | 0 | -81,306 | 81,306 | -34,528 | 34,528 | 0 | 0 |
| change in cash | -26,582 | -23,005 | 278,434 | -261,217 | 202,970 | -89,611 | -952,273 | 1,019,985 |
meraki restaurants limited Credit Report and Business Information
Meraki Restaurants Limited Competitor Analysis
Perform a competitor analysis for meraki restaurants limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
meraki restaurants limited Ownership
MERAKI RESTAURANTS LIMITED group structure
Meraki Restaurants Limited has 1 subsidiary company.
Ultimate parent company
MERAKI RESTAURANTS LIMITED
09984893
1 subsidiary
meraki restaurants limited directors
Meraki Restaurants Limited currently has 4 directors. The longest serving directors include Mr Pritam Waney (Mar 2016) and Mr Tony Tang (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pritam Waney | United Kingdom | 79 years | Mar 2016 | - | Director |
| Mr Tony Tang | United Kingdom | 67 years | Mar 2016 | - | Director |
| Meher Waney | United Kingdom | 32 years | Oct 2016 | - | Director |
| Varun Talreja | United Kingdom | 40 years | Jul 2022 | - | Director |
P&L
December 2023turnover
2.1m
+21%
operating profit
-157.5k
0%
gross margin
56.7%
+4.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-549k
+3.44%
total assets
2.3m
-0.12%
cash
148.7k
-0.15%
net assets
Total assets minus all liabilities
Similar Companies
meraki restaurants limited company details
company number
09984893
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
mm&s (5913) limited (March 2016)
accountant
-
auditor
-
address
5 market yard mews, 194-204 bermondsey street, london, SE1 3TQ
Bank
-
Legal Advisor
-
meraki restaurants 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 meraki restaurants limited.
meraki restaurants limited Companies House Filings - See Documents
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