tapped newcastle limited Company Information
Company Number
10421382
Website
tapnewcastle.comRegistered Address
home farm melbourne, york, YO42 4SX
Industry
Public houses and bars
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
jonathan holdsworth 50%
james hawksworth 50%
tapped newcastle limited Estimated Valuation
Pomanda estimates the enterprise value of TAPPED NEWCASTLE LIMITED at £248.3k based on a Turnover of £448.7k and 0.55x industry multiple (adjusted for size and gross margin).
tapped newcastle limited Estimated Valuation
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).
tapped newcastle limited Estimated Valuation
Pomanda estimates the enterprise value of TAPPED NEWCASTLE LIMITED at £73.4k based on Net Assets of £37.8k and 1.94x industry multiple (adjusted for liquidity).
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Tapped Newcastle Limited Overview
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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Tapped Newcastle Limited Health Check
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 Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
5 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate1.png)
Size
annual sales of £448.7k, make it in line with the average company (£435.8k)
- Tapped Newcastle Limited
£435.8k - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (1.4%)
- Tapped Newcastle Limited
1.4% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 58.5%, this company has a comparable cost of product (58.5%)
- Tapped Newcastle Limited
58.5% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 20.3% make it more profitable than the average company (6.9%)
- Tapped Newcastle Limited
6.9% - Industry AVG
![employees](/assets/images/scoreRate1.png)
Employees
with 11 employees, this is similar to the industry average (11)
11 - Tapped Newcastle Limited
11 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £14.6k, the company has an equivalent pay structure (£14.6k)
- Tapped Newcastle Limited
£14.6k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £40.8k, this is equally as efficient (£46k)
- Tapped Newcastle Limited
£46k - Industry AVG
![debtordays](/assets/images/scoreRate-1.png)
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tapped Newcastle Limited
- - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 252 days, this is slower than average (51 days)
- Tapped Newcastle Limited
51 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 34 days, this is more than average (16 days)
- Tapped Newcastle Limited
16 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (16 weeks)
32 weeks - Tapped Newcastle Limited
16 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 91.7%, this is a higher level of debt than the average (80.4%)
91.7% - Tapped Newcastle Limited
80.4% - Industry AVG
TAPPED NEWCASTLE LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
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 | |||||||
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 | 11 | 11 | 11 | 11 | 11 | 18 | |
EBITDA* |
* 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 | |||||||
Depreciation | 27,300 | 30,276 | 33,732 | 35,773 | 61,437 | 22,862 | |
Amortisation | 175 | 175 | 175 | 175 | 175 | 175 | |
Tax | |||||||
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 | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
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 | |||||||
interest | |||||||
cash flow from financing | |||||||
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 |
tapped newcastle limited Credit Report and Business Information
Tapped Newcastle Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
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 Ownership
TAPPED NEWCASTLE LIMITED group structure
Tapped Newcastle Limited has no subsidiary companies.
Ultimate parent company
TAPPED NEWCASTLE LIMITED
10421382
tapped newcastle limited directors
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 2023turnover
448.7k
+45%
operating profit
91.3k
0%
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 2023net assets
37.8k
-2.84%
total assets
454.3k
+0.05%
cash
114.8k
+0.15%
net assets
Total assets minus all liabilities
tapped newcastle limited company details
company number
10421382
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
October 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
home farm melbourne, york, YO42 4SX
last accounts submitted
March 2023
tapped 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 tapped newcastle limited.
![charges](/assets/images/company_charges.png)
tapped newcastle limited Companies House Filings - See Documents
date | description | view/download |
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