firebrand bar & restaurant limited
firebrand bar & restaurant limited Company Information
Company Number
10433652
Website
firebrandbar.co.ukRegistered Address
5-7 southgate street, launceston, PL15 9DP
Industry
Licensed restaurants
Telephone
01566770722
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
joseph thomson 50%
stephen medlicott 50%
firebrand bar & restaurant limited Estimated Valuation
Pomanda estimates the enterprise value of FIREBRAND BAR & RESTAURANT LIMITED at £22.1k based on a Turnover of £42.5k and 0.52x industry multiple (adjusted for size and gross margin).
firebrand bar & restaurant limited Estimated Valuation
Pomanda estimates the enterprise value of FIREBRAND BAR & RESTAURANT LIMITED at £145.8k based on an EBITDA of £37.3k and a 3.91x industry multiple (adjusted for size and gross margin).
firebrand bar & restaurant limited Estimated Valuation
Pomanda estimates the enterprise value of FIREBRAND BAR & RESTAURANT LIMITED at £0 based on Net Assets of £-13.5k and 3.06x industry multiple (adjusted for liquidity).
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Firebrand Bar & Restaurant Limited Overview
Firebrand Bar & Restaurant Limited is a dissolved company that was located in launceston, PL15 9DP with a Companies House number of 10433652. It operated in the licenced restaurants sector, SIC Code 56101. Founded in October 2016, it's largest shareholder was joseph thomson with a 50% stake. The last turnover for Firebrand Bar & Restaurant Limited was estimated at £42.5k.
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Firebrand Bar & Restaurant Limited Health Check
Pomanda's financial health check has awarded Firebrand Bar & Restaurant Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £42.5k, make it smaller than the average company (£1.1m)
- Firebrand Bar & Restaurant Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Firebrand Bar & Restaurant Limited
- - Industry AVG
Production
with a gross margin of 37.3%, this company has a higher cost of product (60.8%)
- Firebrand Bar & Restaurant Limited
60.8% - Industry AVG
Profitability
an operating margin of 87.7% make it more profitable than the average company (2%)
- Firebrand Bar & Restaurant Limited
2% - Industry AVG
Employees
with 1 employees, this is below the industry average (77)
- Firebrand Bar & Restaurant Limited
77 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Firebrand Bar & Restaurant Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is equally as efficient (£46.3k)
- Firebrand Bar & Restaurant Limited
£46.3k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (6 days)
- Firebrand Bar & Restaurant Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 206 days, this is slower than average (48 days)
- Firebrand Bar & Restaurant Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Firebrand Bar & Restaurant Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Firebrand Bar & Restaurant Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 667.3%, this is a higher level of debt than the average (87.3%)
667.3% - Firebrand Bar & Restaurant Limited
87.3% - Industry AVG
FIREBRAND BAR & RESTAURANT LIMITED financials
Firebrand Bar & Restaurant Limited's latest turnover from October 2018 is estimated at £42.5 thousand and the company has net assets of -£13.5 thousand. According to their latest financial statements, we estimate that Firebrand Bar & Restaurant Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | |
|---|---|---|
| Tangible Assets | 0 | 9,056 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 9,056 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 2,388 | 4,883 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 2,388 | 4,883 |
| total assets | 2,388 | 13,939 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 15,035 | 56,812 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 15,035 | 56,812 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 849 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 899 | 849 |
| total liabilities | 15,934 | 57,661 |
| net assets | -13,546 | -43,722 |
| total shareholders funds | -13,546 | -43,722 |
| Oct 2018 | Oct 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -2,495 | 4,883 |
| Creditors | -41,777 | 56,812 |
| Accruals and Deferred Income | -849 | 849 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
firebrand bar & restaurant limited Credit Report and Business Information
Firebrand Bar & Restaurant Limited Competitor Analysis
Perform a competitor analysis for firebrand bar & restaurant limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in PL15 area or any other competitors across 12 key performance metrics.
firebrand bar & restaurant limited Ownership
FIREBRAND BAR & RESTAURANT LIMITED group structure
Firebrand Bar & Restaurant Limited has no subsidiary companies.
Ultimate parent company
FIREBRAND BAR & RESTAURANT LIMITED
10433652
firebrand bar & restaurant limited directors
Firebrand Bar & Restaurant Limited currently has 2 directors. The longest serving directors include Mr Joseph Thomson (Oct 2016) and Mr Stephen Medlicott (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph Thomson | United Kingdom | 38 years | Oct 2016 | - | Director |
| Mr Stephen Medlicott | United Kingdom | 60 years | Oct 2016 | - | Director |
P&L
October 2018turnover
42.5k
-63%
operating profit
37.3k
0%
gross margin
37.4%
-7.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
-13.5k
-0.69%
total assets
2.4k
-0.83%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
firebrand bar & restaurant limited company details
company number
10433652
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
October 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2018
address
5-7 southgate street, launceston, PL15 9DP
accountant
-
auditor
-
firebrand bar & restaurant 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 found 1 charges/mortgages relating to firebrand bar & restaurant limited. Currently there are 0 open charges and 1 have been satisfied in the past.
firebrand bar & restaurant limited Companies House Filings - See Documents
| date | description | view/download |
|---|
