six cheers limited
six cheers limited Company Information
Company Number
10436091
Next Accounts
Jun 2025
Shareholders
enterprise managed investments limited
three cheers management company limited
Group Structure
View All
Industry
Public houses and bars
Registered Address
3 monkspath hall road, shirley, solihull, west midlands, B90 4SJ
Website
https://www.eigroupplc.comsix cheers limited Estimated Valuation
Pomanda estimates the enterprise value of SIX CHEERS LIMITED at £3.8m based on a Turnover of £5.6m and 0.67x industry multiple (adjusted for size and gross margin).
six cheers limited Estimated Valuation
Pomanda estimates the enterprise value of SIX CHEERS LIMITED at £6.3m based on an EBITDA of £1.3m and a 4.73x industry multiple (adjusted for size and gross margin).
six cheers limited Estimated Valuation
Pomanda estimates the enterprise value of SIX CHEERS LIMITED at £2.3m based on Net Assets of £1.2m and 1.93x industry multiple (adjusted for liquidity).
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Six Cheers Limited Overview
Six Cheers Limited is a live company located in solihull, B90 4SJ with a Companies House number of 10436091. It operates in the public houses and bars sector, SIC Code 56302. Founded in October 2016, it's largest shareholder is enterprise managed investments limited with a 51% stake. Six Cheers Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.6m with high growth in recent years.
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Six Cheers Limited Health Check
Pomanda's financial health check has awarded Six Cheers Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £5.6m, make it larger than the average company (£590.5k)
£5.6m - Six Cheers Limited
£590.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.1%)
19% - Six Cheers Limited
7.1% - Industry AVG
Production
with a gross margin of 58.3%, this company has a comparable cost of product (58.3%)
58.3% - Six Cheers Limited
58.3% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (5.6%)
12.3% - Six Cheers Limited
5.6% - Industry AVG
Employees
with 84 employees, this is above the industry average (15)
84 - Six Cheers Limited
15 - Industry AVG
Pay Structure
on an average salary of £18.5k, the company has an equivalent pay structure (£15.6k)
£18.5k - Six Cheers Limited
£15.6k - Industry AVG
Efficiency
resulting in sales per employee of £66.8k, this is more efficient (£49.8k)
£66.8k - Six Cheers Limited
£49.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (8 days)
0 days - Six Cheers Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (49 days)
26 days - Six Cheers Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (16 days)
8 days - Six Cheers Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)
9 weeks - Six Cheers Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.1%, this is a similar level of debt than the average (76.7%)
71.1% - Six Cheers Limited
76.7% - Industry AVG
SIX CHEERS LIMITED financials
Six Cheers Limited's latest turnover from September 2023 is £5.6 million and the company has net assets of £1.2 million. According to their latest financial statements, Six Cheers Limited has 84 employees and maintains cash reserves of £319.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 5,613,028 | 4,935,712 | 2,144,100 | 3,360,089 | 4,403,245 | 2,690,749 | 624,386 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 691,785 | 468,301 | 6,826 | 409,665 | 602,695 | 41,599 | -19,402 |
| Interest Payable | 90,852 | 102,195 | 112,899 | 182,144 | |||
| Interest Receivable | |||||||
| Pre-Tax Profit | 600,933 | 366,106 | -106,073 | 227,521 | 215,548 | 41,599 | -19,402 |
| Tax | -120,484 | -65,128 | 38,831 | -16,075 | -14,401 | 7,991 | 8,416 |
| Profit After Tax | 480,449 | 300,978 | -67,242 | 211,446 | 201,147 | 49,590 | -10,986 |
| Dividends Paid | |||||||
| Retained Profit | 480,449 | 300,978 | -67,242 | 211,446 | 201,147 | 49,590 | -10,986 |
| Employee Costs | 1,554,358 | 1,359,447 | 1,043,667 | 1,184,905 | 1,196,592 | 754,296 | 164,091 |
| Number Of Employees | 84 | 76 | 66 | 70 | 48 | 22 | 31 |
| EBITDA* | 1,330,016 | 1,103,489 | 638,435 | 1,133,128 | 989,842 | 141,109 | 1,474 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,877,016 | 2,282,620 | 4,419,194 | 5,043,122 | 3,549,304 | 1,579,337 | 252,740 |
| Intangible Assets | 1,781,369 | 2,001,459 | 479,068 | 479,068 | 582,209 | 590,673 | 571,925 |
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 3,658,385 | 4,284,079 | 4,898,262 | 5,522,190 | 4,131,513 | 2,170,010 | 824,665 |
| Stock & work in progress | 51,582 | 57,636 | 69,953 | 112,588 | 127,138 | 28,147 | 25,773 |
| Trade Debtors | 3,245 | 3,756 | 3,905 | 11,000 | 5,450 | 4,920 | 1,680 |
| Group Debtors | |||||||
| Misc Debtors | 121,552 | 180,569 | 104,950 | 48,412 | 190,749 | 357,391 | 75,481 |
| Cash | 319,297 | 248,833 | 959,783 | 856,404 | 433,759 | 559,561 | 230,334 |
| misc current assets | |||||||
| total current assets | 495,676 | 490,794 | 1,138,591 | 1,028,404 | 757,096 | 950,019 | 333,268 |
| total assets | 4,154,061 | 4,774,873 | 6,036,853 | 6,550,594 | 4,888,609 | 3,120,029 | 1,157,933 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 170,113 | 133,725 | 148,223 | 103,114 | 180,604 | 143,267 | 150,413 |
| Group/Directors Accounts | 36,941 | 55,549 | 1,698,409 | 1,800,409 | 1,924,863 | 1,582,500 | 382,500 |
| other short term finances | 970,652 | 2,020,652 | 1,631,805 | 1,729,805 | 1,848,866 | 862,500 | 367,500 |
| hp & lease commitments | 190,438 | 179,732 | |||||
| other current liabilities | 507,878 | 375,139 | 288,711 | 400,587 | 494,525 | 293,158 | 68,506 |
| total current liabilities | 1,685,584 | 2,585,065 | 3,957,586 | 4,213,647 | 4,448,858 | 2,881,425 | 968,919 |
| loans | 3,316,296 | 3,697,172 | |||||
| hp & lease commitments | 1,265,931 | 1,467,711 | 1,658,148 | 1,848,586 | |||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 1,265,931 | 1,467,711 | 1,658,148 | 1,848,586 | |||
| total liabilities | 2,951,515 | 4,052,776 | 5,615,734 | 6,062,233 | 4,448,858 | 2,881,425 | 968,919 |
| net assets | 1,202,546 | 722,097 | 421,119 | 488,361 | 439,751 | 238,604 | 189,014 |
| total shareholders funds | 1,202,546 | 722,097 | 421,119 | 488,361 | 439,751 | 238,604 | 189,014 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 691,785 | 468,301 | 6,826 | 409,665 | 602,695 | 41,599 | -19,402 |
| Depreciation | 638,231 | 635,188 | 631,609 | 723,463 | 378,683 | 91,136 | 17,801 |
| Amortisation | 8,464 | 8,374 | 3,075 | ||||
| Tax | -120,484 | -65,128 | 38,831 | -16,075 | -14,401 | 7,991 | 8,416 |
| Stock | -6,054 | -12,317 | -42,635 | -14,550 | 98,991 | 2,374 | 25,773 |
| Debtors | -59,528 | 75,470 | 49,443 | -136,787 | -166,112 | 285,150 | 77,161 |
| Creditors | 36,388 | -14,498 | 45,109 | -77,490 | 37,337 | -7,146 | 150,413 |
| Accruals and Deferred Income | 132,739 | 86,428 | -111,876 | -93,938 | 201,367 | 224,652 | 68,506 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | 1,444,241 | 1,047,138 | 603,691 | 1,096,962 | 1,281,266 | 79,082 | 125,875 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -18,608 | -1,642,860 | -102,000 | -124,454 | 342,363 | 1,200,000 | 382,500 |
| Other Short Term Loans | -1,050,000 | 388,847 | -98,000 | -119,061 | 986,366 | 495,000 | 367,500 |
| Long term loans | -3,316,296 | -380,876 | 3,697,172 | ||||
| Hire Purchase and Lease Commitments | -201,780 | -380,875 | -179,732 | 2,028,318 | |||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -90,852 | -102,195 | -112,899 | -182,144 | |||
| cash flow from financing | -1,361,240 | -5,053,379 | -873,507 | 5,136,995 | 1,328,729 | 1,695,000 | 950,000 |
| cash and cash equivalents | |||||||
| cash | 70,464 | -710,950 | 103,379 | 422,645 | -125,802 | 329,227 | 230,334 |
| overdraft | |||||||
| change in cash | 70,464 | -710,950 | 103,379 | 422,645 | -125,802 | 329,227 | 230,334 |
six cheers limited Credit Report and Business Information
Six Cheers Limited Competitor Analysis
Perform a competitor analysis for six cheers limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in B90 area or any other competitors across 12 key performance metrics.
six cheers limited Ownership
SIX CHEERS LIMITED group structure
Six Cheers Limited has no subsidiary companies.
Ultimate parent company
STONEGATE PUB CO LTD
#0080196
2 parents
SIX CHEERS LIMITED
10436091
six cheers limited directors
Six Cheers Limited currently has 7 directors. The longest serving directors include Mr Mark Reynolds (Oct 2016) and Mr Thomas Peake (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Reynolds | England | 50 years | Oct 2016 | - | Director |
| Mr Thomas Peake | England | 50 years | Oct 2016 | - | Director |
| Mr Nicholas Fox | England | 51 years | Oct 2016 | - | Director |
| Mr Daniel Wilkinson | United Kingdom | 45 years | Apr 2020 | - | Director |
| Mr Oliver Sweetman | United Kingdom | 53 years | Sep 2020 | - | Director |
| Ms Michelle Cooper | United Kingdom | 46 years | Jan 2021 | - | Director |
| Ms Eve Turner | United Kingdom | 34 years | May 2022 | - | Director |
P&L
September 2023turnover
5.6m
+14%
operating profit
691.8k
+48%
gross margin
58.4%
-1.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.2m
+0.67%
total assets
4.2m
-0.13%
cash
319.3k
+0.28%
net assets
Total assets minus all liabilities
six cheers limited company details
company number
10436091
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
CARBON ACCOUNTANCY LIMITED
address
3 monkspath hall road, shirley, solihull, west midlands, B90 4SJ
Bank
-
Legal Advisor
-
six cheers 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 six cheers limited.
six cheers limited 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 SIX CHEERS LIMITED. This can take several minutes, an email will notify you when this has completed.
six cheers limited Companies House Filings - See Documents
| date | description | view/download |
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