Tapped Newcastle Limited

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tapped newcastle limited Company Information

Live

YoungMicroDeclining

Company Number

10421382

Website

tapnewcastle.com

Registered Address

home farm melbourne, york, YO42 4SX

Industry

Public houses and bars

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Jonathan Holdsworth7 Years

James Hawksworth7 Years

Shareholders

jonathan holdsworth 50%

james hawksworth 50%

tapped newcastle limited Estimated Valuation

£494.2k

Pomanda estimates the enterprise value of TAPPED NEWCASTLE LIMITED at £494.2k based on an EBITDA of £118.8k and a 4.16x industry multiple (adjusted for size and gross margin).

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Tapped Newcastle Limited is a live company located in york, YO42 4SX with a Companies House number of 10421382. It operates in the public houses and bars sector, SIC Code 56302. Founded in October 2016, it's largest shareholder is jonathan holdsworth with a 50% stake. Tapped Newcastle Limited is a young, micro sized company, Pomanda has estimated its turnover at £448.7k with declining growth in recent years.

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Pomanda's financial health check has awarded Tapped Newcastle Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

3 Strong

5 Regular

3 Weak

Size

annual sales of £448.7k, make it in line with the average company (£435.8k)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (1.4%)

EXPORT

Tapped Newcastle Limited's latest turnover from March 2023 is estimated at £448.7 thousand and the company has net assets of £37.8 thousand. According to their latest financial statements, Tapped Newcastle Limited has 11 employees and maintains cash reserves of £114.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Turnover	448,721	309,959	336,131	452,705	485,327	634,385	293,985
Other Income Or Grants	0	0	0	0	0	0	0
Cost Of Sales	186,286	122,868	141,953	189,382	208,765	270,469	124,916
Gross Profit	262,435	187,091	194,178	263,323	276,562	363,916	169,069
Admin Expenses	171,111	180,806	237,015	226,092	263,070	301,702	172,838
Operating Profit	91,324	6,285	-42,837	37,231	13,492	62,214	-3,769
Interest Payable	23,905	18,364	16,051	15,330	20,020	10,653	0
Interest Receivable	4,565	477	59	74	403	127	0
Pre-Tax Profit	71,984	-11,602	-58,829	21,975	-6,124	51,688	-3,769
Tax	-13,677	0	0	-4,175	0	-9,821	0
Profit After Tax	58,307	-11,602	-58,829	17,800	-6,124	41,867	-3,769
Dividends Paid	0	0	0	0	0	0	0
Retained Profit	58,307	-11,602	-58,829	17,800	-6,124	41,867	-3,769
Employee Costs	161,002	152,063	145,240	151,395	165,458	259,166	95,938
Number Of Employees	11	11	11	11	11	18	7
EBITDA*	118,799	36,736	-8,930	73,179	75,104	85,251	-3,769

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Tangible Assets	247,047	273,024	302,840	336,572	368,826	404,134	84,292
Intangible Assets	2,443	2,618	2,793	2,968	3,143	3,318	3,493
Investments & Other	0	0	0	0	0	0	0
Debtors (Due After 1 year)	50,000	0	0	0	0	0	0
Total Fixed Assets	299,490	275,642	305,633	339,540	371,969	407,452	87,785
Stock & work in progress	17,604	18,746	3,000	3,000	14,103	10,697	0
Trade Debtors	0	0	0	0	0	0	0
Group Debtors	0	0	0	0	0	0	0
Misc Debtors	22,358	39,601	68,852	19,786	15,628	55,477	100
Cash	114,837	99,965	27,253	91,170	56,900	50,614	0
misc current assets	0	0	0	0	0	0	0
total current assets	154,799	158,312	99,105	113,956	86,631	116,788	100
total assets	454,289	433,954	404,738	453,496	458,600	524,240	87,885
Bank overdraft	15,892	42,478	36,592	28,174	21,648	118,483	0
Bank loan	0	0	0	0	0	0	0
Trade Creditors	128,643	133,933	117,336	144,140	143,321	71,984	91,354
Group/Directors Accounts	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0
other current liabilities	37,829	23,689	7,317	22,264	17,813	45,020	200
total current liabilities	182,364	200,100	161,245	194,578	182,782	235,487	91,554
loans	195,479	212,588	252,448	209,044	243,744	209,299	0
hp & lease commitments	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	41,256	0
provisions	38,696	41,823	0	0	0	0	0
total long term liabilities	234,175	254,411	252,448	209,044	243,744	250,555	0
total liabilities	416,539	454,511	413,693	403,622	426,526	486,042	91,554
net assets	37,750	-20,557	-8,955	49,874	32,074	38,198	-3,669
total shareholders funds	37,750	-20,557	-8,955	49,874	32,074	38,198	-3,669

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Operating Activities
Operating Profit	91,324	6,285	-42,837	37,231	13,492	62,214	-3,769
Depreciation	27,300	30,276	33,732	35,773	61,437	22,862	0
Amortisation	175	175	175	175	175	175	0
Tax	-13,677	0	0	-4,175	0	-9,821	0
Stock	-1,142	15,746	0	-11,103	3,406	10,697	0
Debtors	32,757	-29,251	49,066	4,158	-39,849	55,377	100
Creditors	-5,290	16,597	-26,804	819	71,337	-19,370	91,354
Accruals and Deferred Income	14,140	16,372	-14,947	4,451	-27,207	44,820	200
Deferred Taxes & Provisions	-3,127	41,823	0	0	0	0	0
Cash flow from operations	79,230	125,033	-99,747	81,219	155,677	34,806	87,685
Investing Activities
capital expenditure	-1,323	-460	0	-3,519	-26,129	-342,704	-87,785
Change in Investments	0	0	0	0	0	0	0
cash flow from investments	-1,323	-460	0	-3,519	-26,129	-342,704	-87,785
Financing Activities
Bank loans	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0
Long term loans	-17,109	-39,860	43,404	-34,700	34,445	209,299	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	-41,256	41,256	0
share issue	0	0	0	0	0	0	100
interest	-19,340	-17,887	-15,992	-15,256	-19,617	-10,526	0
cash flow from financing	-36,449	-57,747	27,412	-49,956	-26,428	240,029	100
cash and cash equivalents
cash	14,872	72,712	-63,917	34,270	6,286	50,614	0
overdraft	-26,586	5,886	8,418	6,526	-96,835	118,483	0
change in cash	41,458	66,826	-72,335	27,744	103,121	-67,869	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for tapped newcastle limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in YO42 area or any other competitors across 12 key performance metrics.

TAPPED NEWCASTLE LIMITED group structure

Tapped Newcastle Limited has no subsidiary companies.

Ultimate parent company

TAPPED NEWCASTLE LIMITED

10421382

TAPPED NEWCASTLE LIMITED Shareholders

jonathan holdsworth	50%
james hawksworth	50%

Tapped Newcastle Limited currently has 2 directors. The longest serving directors include Mr Jonathan Holdsworth (Oct 2016) and Mr James Hawksworth (Oct 2016).

officer	country	age	start	end	role
Mr Jonathan Holdsworth	England	48 years	Oct 2016	-	Director
Mr James Hawksworth	United Kingdom	47 years	Oct 2016	-	Director

P&L

March 2023

turnover

448.7k

+45%

operating profit

91.3k

gross margin

58.5%

-3.11%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

37.8k

-2.84%

total assets

454.3k

+0.05%

cash

114.8k

+0.15%

net assets

Total assets minus all liabilities

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company number

10421382

Type

Private limited with Share Capital

industry

56302 - Public houses and bars

incorporation date

October 2016

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

home farm melbourne, york, YO42 4SX

last accounts submitted

March 2023

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 tapped newcastle limited.

tapped newcastle limited Company Information

tapped newcastle limited Estimated Valuation

tapped newcastle limited Estimated Valuation

tapped newcastle limited Estimated Valuation

Tapped Newcastle Limited Overview

Tapped Newcastle Limited Health Check

TAPPED NEWCASTLE LIMITED financials

tapped newcastle limited Credit Report and Business Information

Tapped Newcastle Limited Competitor Analysis

tapped newcastle limited Ownership

tapped newcastle limited directors

tapped newcastle limited company details

tapped newcastle limited Charges & Mortgages

tapped newcastle limited Companies House Filings - See Documents