lift the bar limited
lift the bar limited Company Information
Company Number
10199677
Website
liftthebar.comRegistered Address
hitchcock house hilltop park, devizes road, salisbury, SP3 4UF
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
-
Next Accounts Due
218 days late
Group Structure
View All
Directors
Christopher Burgess8 Years
Shareholders
christopher mark burgess 90%
samantha elaine burgess 10%
lift the bar limited Estimated Valuation
Pomanda estimates the enterprise value of LIFT THE BAR LIMITED at £246.3k based on a Turnover of £320k and 0.77x industry multiple (adjusted for size and gross margin).
lift the bar limited Estimated Valuation
Pomanda estimates the enterprise value of LIFT THE BAR LIMITED at £0 based on an EBITDA of £-44.5k and a 2.9x industry multiple (adjusted for size and gross margin).
lift the bar limited Estimated Valuation
Pomanda estimates the enterprise value of LIFT THE BAR LIMITED at £0 based on Net Assets of £-216.7k and 1.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Lift The Bar Limited Overview
Lift The Bar Limited is a live company located in salisbury, SP3 4UF with a Companies House number of 10199677. It operates in the other sports activities sector, SIC Code 93199. Founded in May 2016, it's largest shareholder is christopher mark burgess with a 90% stake. Lift The Bar Limited is a young, micro sized company, Pomanda has estimated its turnover at £320k with unknown growth in recent years.
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Lift The Bar Limited Health Check
Pomanda's financial health check has awarded Lift The Bar Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £320k, make it smaller than the average company (£512.6k)
- Lift The Bar Limited
£512.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lift The Bar Limited
- - Industry AVG
Production
with a gross margin of 48.6%, this company has a comparable cost of product (48.6%)
- Lift The Bar Limited
48.6% - Industry AVG
Profitability
an operating margin of -20.5% make it less profitable than the average company (5.2%)
- Lift The Bar Limited
5.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (13)
9 - Lift The Bar Limited
13 - Industry AVG
Pay Structure
on an average salary of £26.3k, the company has an equivalent pay structure (£26.3k)
- Lift The Bar Limited
£26.3k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is less efficient (£57.7k)
- Lift The Bar Limited
£57.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Lift The Bar Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (29 days)
- Lift The Bar Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lift The Bar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (85 weeks)
1 weeks - Lift The Bar Limited
85 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 501.6%, this is a higher level of debt than the average (41.1%)
501.6% - Lift The Bar Limited
41.1% - Industry AVG
LIFT THE BAR LIMITED financials
Lift The Bar Limited's latest turnover from May 2022 is estimated at £320 thousand and the company has net assets of -£216.7 thousand. According to their latest financial statements, Lift The Bar Limited has 9 employees and maintains cash reserves of £6.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| 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 | 9 | 7 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 43,546 | 50,995 | 59,465 | 71,210 | 77,579 |
| Intangible Assets | 4,000 | 5,000 | 6,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 47,546 | 55,995 | 65,465 | 71,210 | 77,579 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 174 | 5,837 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 1,700 | 0 | 0 | 0 |
| Cash | 6,413 | 5,463 | 734 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 1,301 | 11,341 |
| total current assets | 6,413 | 7,163 | 734 | 1,475 | 17,178 |
| total assets | 53,959 | 63,158 | 66,199 | 72,685 | 94,757 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 131,183 | 82,946 | 188,855 | 0 | 0 |
| Trade Creditors | 6,763 | 6,798 | 5,398 | 234,903 | 138,476 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 132,694 | 117,134 | 42,784 | 0 | 0 |
| total current liabilities | 270,640 | 206,878 | 237,037 | 234,903 | 138,476 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 1,500 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 1,500 | 0 |
| total liabilities | 270,640 | 206,878 | 237,037 | 236,403 | 138,476 |
| net assets | -216,681 | -143,720 | -170,838 | -163,718 | -43,719 |
| total shareholders funds | -216,681 | -143,720 | -170,838 | -163,718 | -43,719 |
| May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 11,017 | 12,924 | 15,101 | ||
| Amortisation | 10,000 | 1,000 | 1,000 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,700 | 1,700 | 0 | -5,663 | 5,837 |
| Creditors | -35 | 1,400 | 5,398 | 96,427 | 138,476 |
| Accruals and Deferred Income | 15,560 | 74,350 | 42,784 | 1,500 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 48,237 | -105,909 | 188,855 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 950 | 4,729 | 734 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 950 | 4,729 | 734 | 0 | 0 |
lift the bar limited Credit Report and Business Information
Lift The Bar Limited Competitor Analysis
Perform a competitor analysis for lift the bar limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SP3 area or any other competitors across 12 key performance metrics.
lift the bar limited Ownership
LIFT THE BAR LIMITED group structure
Lift The Bar Limited has no subsidiary companies.
Ultimate parent company
LIFT THE BAR LIMITED
10199677
lift the bar limited directors
Lift The Bar Limited currently has 1 director, Mr Christopher Burgess serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Burgess | England | 42 years | May 2016 | - | Director |
P&L
May 2022turnover
320k
+40%
operating profit
-65.5k
0%
gross margin
48.7%
+14.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
-216.7k
+0.51%
total assets
54k
-0.15%
cash
6.4k
+0.17%
net assets
Total assets minus all liabilities
Similar Companies
lift the bar limited company details
company number
10199677
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
May 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2022
address
hitchcock house hilltop park, devizes road, salisbury, SP3 4UF
accountant
PKF FRANCIS CLARK
auditor
-
lift the bar 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 lift the bar limited.
lift the bar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
