37-41 mortimer opco ltd
37-41 mortimer opco ltd Company Information
Company Number
10184501
Next Accounts
Sep 2025
Shareholders
maslow's group llp
Group Structure
View All
Industry
Licensed restaurants
+1Registered Address
mortimer house, 37-41 mortimer street, london, W1T 3JH
Website
http://mortimerhouse.com37-41 mortimer opco ltd Estimated Valuation
Pomanda estimates the enterprise value of 37-41 MORTIMER OPCO LTD at £21m based on a Turnover of £7.6m and 2.78x industry multiple (adjusted for size and gross margin).
37-41 mortimer opco ltd Estimated Valuation
Pomanda estimates the enterprise value of 37-41 MORTIMER OPCO LTD at £5.5m based on an EBITDA of £732.1k and a 7.48x industry multiple (adjusted for size and gross margin).
37-41 mortimer opco ltd Estimated Valuation
Pomanda estimates the enterprise value of 37-41 MORTIMER OPCO LTD at £0 based on Net Assets of £-699.6k and 2.12x industry multiple (adjusted for liquidity).
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37-41 Mortimer Opco Ltd Overview
37-41 Mortimer Opco Ltd is a live company located in london, W1T 3JH with a Companies House number of 10184501. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2016, it's largest shareholder is maslow's group llp with a 100% stake. 37-41 Mortimer Opco Ltd is a young, mid sized company, Pomanda has estimated its turnover at £7.6m with high growth in recent years.
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37-41 Mortimer Opco Ltd Health Check
Pomanda's financial health check has awarded 37-41 Mortimer Opco Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £7.6m, make it larger than the average company (£2.3m)
£7.6m - 37-41 Mortimer Opco Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.2%)
19% - 37-41 Mortimer Opco Ltd
8.2% - Industry AVG
Production
with a gross margin of 89.4%, this company has a lower cost of product (64.7%)
89.4% - 37-41 Mortimer Opco Ltd
64.7% - Industry AVG
Profitability
an operating margin of 8.7% make it less profitable than the average company (12%)
8.7% - 37-41 Mortimer Opco Ltd
12% - Industry AVG
Employees
with 63 employees, this is above the industry average (32)
63 - 37-41 Mortimer Opco Ltd
32 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£26.8k)
£24.8k - 37-41 Mortimer Opco Ltd
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £120.1k, this is equally as efficient (£129.9k)
£120.1k - 37-41 Mortimer Opco Ltd
£129.9k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (19 days)
4 days - 37-41 Mortimer Opco Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (41 days)
130 days - 37-41 Mortimer Opco Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (32 days)
13 days - 37-41 Mortimer Opco Ltd
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (11 weeks)
18 weeks - 37-41 Mortimer Opco Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 167.9%, this is a higher level of debt than the average (77.4%)
167.9% - 37-41 Mortimer Opco Ltd
77.4% - Industry AVG
37-41 MORTIMER OPCO LTD financials
37-41 Mortimer Opco Ltd's latest turnover from December 2023 is £7.6 million and the company has net assets of -£699.6 thousand. According to their latest financial statements, 37-41 Mortimer Opco Ltd has 63 employees and maintains cash reserves of £603.9 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 | 7,564,409 | 7,182,305 | 4,548,276 | 4,476,119 | 6,458,351 | 4,401,962 | 204,538 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 798,447 | 764,057 | 399,153 | 311,581 | 855,298 | 683,898 | 95,937 | |
| Gross Profit | 6,765,962 | 6,418,248 | 4,149,123 | 4,164,538 | 5,603,053 | 3,718,064 | 108,601 | |
| Admin Expenses | 6,106,264 | 6,011,816 | 4,477,232 | 4,471,855 | 5,932,014 | 3,564,297 | 1,097,182 | 4,000 |
| Operating Profit | 659,698 | 406,432 | -328,109 | -307,317 | -328,961 | 153,767 | -988,581 | -4,000 |
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 659,698 | 406,432 | -328,109 | -307,317 | -328,961 | 153,767 | -988,581 | -4,000 |
| Tax | -94,050 | -171,200 | 67,967 | 234,753 | ||||
| Profit After Tax | 565,648 | 235,232 | -260,142 | -72,564 | -328,961 | 153,767 | -988,581 | -4,000 |
| Dividends Paid | ||||||||
| Retained Profit | 565,648 | 235,232 | -260,142 | -72,564 | -328,961 | 153,767 | -988,581 | -4,000 |
| Employee Costs | 1,565,419 | 1,662,719 | ||||||
| Number Of Employees | 63 | 60 | 64 | 61 | 70 | 66 | 15 | |
| EBITDA* | 732,071 | 488,795 | -250,829 | 94,252 | 95,133 | 551,363 | -962,687 | -4,000 |
* 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 | 82,034 | 117,197 | 117,898 | 107,244 | 448,260 | 803,019 | 868,158 | |
| Intangible Assets | 1,041 | 1,954 | 5,777 | 11,879 | 28,547 | 51,301 | 61,425 | |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 101,071 | 131,520 | 302,720 | 234,753 | ||||
| Total Fixed Assets | 184,146 | 250,671 | 426,395 | 353,876 | 476,807 | 854,320 | 929,583 | |
| Stock & work in progress | 28,751 | 29,318 | 35,554 | 33,577 | 40,820 | 34,360 | 51,272 | |
| Trade Debtors | 96,606 | 73,115 | 92,053 | 73,751 | 55,717 | 25,596 | 40,260 | |
| Group Debtors | 31,660 | 255,317 | 52,968 | 1 | 1 | 1 | 1 | |
| Misc Debtors | 116,381 | 98,884 | 125,368 | 177,843 | 116,472 | 65,437 | 296,787 | |
| Cash | 603,886 | 1,044,253 | 774,377 | 1,227,863 | 1,079,392 | 1,237,951 | 175,872 | |
| misc current assets | ||||||||
| total current assets | 845,624 | 1,277,230 | 1,282,669 | 1,566,002 | 1,292,402 | 1,363,345 | 564,192 | 1 |
| total assets | 1,029,770 | 1,527,901 | 1,709,064 | 1,919,878 | 1,769,209 | 2,217,665 | 1,493,775 | 1 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 284,383 | 343,382 | 540,456 | 114,752 | 250,179 | 211,636 | 207,520 | |
| Group/Directors Accounts | 18,976 | 994,012 | 1,545,150 | 1,963,561 | 1,416,125 | 1,550,644 | 1,911,308 | |
| other short term finances | ||||||||
| hp & lease commitments | 17,295 | 18,867 | 18,867 | 17,372 | 17,372 | |||
| other current liabilities | 1,426,011 | 1,455,755 | 1,106,643 | 1,045,741 | 1,219,815 | 1,230,322 | 286,279 | 4,000 |
| total current liabilities | 1,729,370 | 2,793,149 | 3,209,544 | 3,142,921 | 2,904,986 | 3,009,974 | 2,422,479 | 4,000 |
| loans | ||||||||
| hp & lease commitments | 17,295 | 31,997 | 46,504 | 63,876 | ||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 17,295 | 31,997 | 46,504 | 63,876 | ||||
| total liabilities | 1,729,370 | 2,793,149 | 3,209,544 | 3,160,216 | 2,936,983 | 3,056,478 | 2,486,355 | 4,000 |
| net assets | -699,600 | -1,265,248 | -1,500,480 | -1,240,338 | -1,167,774 | -838,813 | -992,580 | -3,999 |
| total shareholders funds | -699,600 | -1,265,248 | -1,500,480 | -1,240,338 | -1,167,774 | -838,813 | -992,580 | -3,999 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 659,698 | 406,432 | -328,109 | -307,317 | -328,961 | 153,767 | -988,581 | -4,000 |
| Depreciation | 69,961 | 78,540 | 71,178 | 376,651 | 399,680 | 374,682 | 24,139 | |
| Amortisation | 2,412 | 3,823 | 6,102 | 24,918 | 24,414 | 22,914 | 1,755 | |
| Tax | -94,050 | -171,200 | 67,967 | 234,753 | ||||
| Stock | -567 | -6,236 | 1,977 | -7,243 | 6,460 | -16,912 | 51,272 | |
| Debtors | -21,121 | -440,279 | 236,143 | 367,125 | 81,156 | -246,014 | 337,047 | 1 |
| Creditors | -58,999 | -197,074 | 425,704 | -135,427 | 38,543 | 4,116 | 207,520 | |
| Accruals and Deferred Income | -29,744 | 349,112 | 60,902 | -174,074 | -10,507 | 944,043 | 282,279 | 4,000 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 570,966 | 916,148 | 65,624 | -340,378 | 35,553 | 1,762,448 | -861,207 | -1 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -975,036 | -551,138 | -418,411 | 547,436 | -134,519 | -360,664 | 1,911,308 | |
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | -17,295 | -18,867 | -14,702 | -13,012 | -17,372 | 81,248 | ||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | -975,036 | -568,433 | -437,278 | 532,734 | -147,531 | -378,036 | 1,992,556 | 1 |
| cash and cash equivalents | ||||||||
| cash | -440,367 | 269,876 | -453,486 | 148,471 | -158,559 | 1,062,079 | 175,872 | |
| overdraft | ||||||||
| change in cash | -440,367 | 269,876 | -453,486 | 148,471 | -158,559 | 1,062,079 | 175,872 |
37-41 mortimer opco ltd Credit Report and Business Information
37-41 Mortimer Opco Ltd Competitor Analysis
Perform a competitor analysis for 37-41 mortimer opco ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in W1T area or any other competitors across 12 key performance metrics.
37-41 mortimer opco ltd Ownership
37-41 MORTIMER OPCO LTD group structure
37-41 Mortimer Opco Ltd has no subsidiary companies.
37-41 mortimer opco ltd directors
37-41 Mortimer Opco Ltd currently has 3 directors. The longest serving directors include Mr Jonathan Goldstein (May 2016) and Mr Guy Ivesha (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Goldstein | United Kingdom | 59 years | May 2016 | - | Director |
| Mr Guy Ivesha | England | 45 years | May 2016 | - | Director |
| Mr Joseph Stelzer | England | 57 years | Mar 2025 | - | Director |
P&L
December 2023turnover
7.6m
+5%
operating profit
659.7k
+62%
gross margin
89.5%
+0.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-699.6k
-0.45%
total assets
1m
-0.33%
cash
603.9k
-0.42%
net assets
Total assets minus all liabilities
37-41 mortimer opco ltd company details
company number
10184501
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
mortimer house, 37-41 mortimer street, london, W1T 3JH
Bank
-
Legal Advisor
-
37-41 mortimer opco 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 found 3 charges/mortgages relating to 37-41 mortimer opco ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
37-41 mortimer opco ltd 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 37-41 MORTIMER OPCO LTD. This can take several minutes, an email will notify you when this has completed.
37-41 mortimer opco ltd Companies House Filings - See Documents
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