Pomanda estimates the enterprise value of TROPIC BAR LTD at £30.7k based on a Turnover of £60.7k and 0.51x industry multiple (adjusted for size and gross margin).
tropic bar ltdEstimated Valuation
£14.3k
Pomanda estimates the enterprise value of TROPIC BAR LTD at £14.3k based on an EBITDA of £4k and a 3.55x industry multiple (adjusted for size and gross margin).
tropic bar ltdEstimated Valuation
£7.1k
Pomanda estimates the enterprise value of TROPIC BAR LTD at £7.1k based on Net Assets of £3.7k and 1.93x industry multiple (adjusted for liquidity).
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Tropic Bar LtdOverview
Tropic Bar Ltd is a live company located in southampton, SO14 3GQ with a Companies House number of 10438053. It operates in the public houses and bars sector, SIC Code 56302. Founded in October 2016, it's largest shareholder is
maria clarisse goncalves da silva
with a 100% stake. Tropic Bar Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£60.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Tropic Bar Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
6 Weak
Size
annual sales of £60.7k, make it smaller than the average company (£507.5k)
£60.7k - Tropic Bar Ltd
£507.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (-3.3%)
-4% - Tropic Bar Ltd
-3.3% - Industry AVG
Production
with a gross margin of 42.6%, this company has a higher cost of product (59.5%)
42.6% - Tropic Bar Ltd
59.5% - Industry AVG
Profitability
an operating margin of 6.7% make it as profitable than the average company (7.2%)
6.7% - Tropic Bar Ltd
7.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
3 - Tropic Bar Ltd
15 - Industry AVG
Pay Structure
on an average salary of £14.7k, the company has an equivalent pay structure (£14.7k)
£14.7k - Tropic Bar Ltd
£14.7k - Industry AVG
Efficiency
resulting in sales per employee of £20.2k, this is less efficient (£42.5k)
£20.2k - Tropic Bar Ltd
£42.5k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is near the average (9 days)
8 days - Tropic Bar Ltd
9 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tropic Bar Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tropic Bar Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tropic Bar Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.3%, this is a higher level of debt than the average (76%)
86.3% - Tropic Bar Ltd
76% - Industry AVG
TROPIC BAR LTD financials
EXPORT
Tropic Bar Ltd's latest turnover from October 2022 is estimated at £60.7 thousand and the company has net assets of £3.7 thousand. According to their latest financial statements, Tropic Bar Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Turnover
60,731
35,661
179,165
69,470
57,898
45,427
Other Income Or Grants
Cost Of Sales
34,882
23,484
109,092
38,010
32,214
25,046
Gross Profit
25,849
12,177
70,073
31,460
25,684
20,381
Admin Expenses
21,812
-25,208
22,590
42,789
37,073
65,970
Operating Profit
4,037
37,385
47,483
-11,329
-11,389
-45,589
Interest Payable
Interest Receivable
Pre-Tax Profit
4,037
37,385
47,483
-11,329
-11,389
-45,589
Tax
-767
-7,103
-9,022
Profit After Tax
3,270
30,282
38,461
-11,329
-11,389
-45,589
Dividends Paid
Retained Profit
3,270
30,282
38,461
-11,329
-11,389
-45,589
Employee Costs
43,995
39,687
42,610
30,753
16,429
14,734
Number Of Employees
3
3
3
2
1
1
EBITDA*
4,037
37,385
47,483
-11,329
-11,389
-45,589
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
1,477
899
40,524
2,414
2,606
1,916
Group Debtors
Misc Debtors
Cash
misc current assets
25,650
27,573
total current assets
27,127
28,472
40,524
2,414
2,606
1,916
total assets
27,127
28,472
40,524
2,414
2,606
1,916
Bank overdraft
Bank loan
Trade Creditors
40,370
70,721
59,584
47,205
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
40,370
70,721
59,584
47,205
loans
hp & lease commitments
Accruals and Deferred Income
300
other liabilities
23,421
28,036
30,000
provisions
total long term liabilities
23,421
28,036
30,000
300
total liabilities
23,421
28,036
70,370
70,721
59,584
47,505
net assets
3,706
436
-29,846
-68,307
-56,978
-45,589
total shareholders funds
3,706
436
-29,846
-68,307
-56,978
-45,589
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Operating Activities
Operating Profit
4,037
37,385
47,483
-11,329
-11,389
-45,589
Depreciation
Amortisation
Tax
-767
-7,103
-9,022
Stock
Debtors
578
-39,625
38,110
-192
690
1,916
Creditors
-40,370
-30,351
11,137
12,379
47,205
Accruals and Deferred Income
-300
300
Deferred Taxes & Provisions
Cash flow from operations
2,692
29,537
-30,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-4,615
-1,964
30,000
share issue
interest
cash flow from financing
-4,615
-1,964
30,000
cash and cash equivalents
cash
overdraft
change in cash
tropic bar ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tropic bar ltd. Get real-time insights into tropic bar ltd's credit score, group structure and payment trends.
Perform a competitor analysis for tropic bar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SO14 area or any other competitors across 12 key performance metrics.
tropic bar ltd Ownership
TROPIC BAR LTD group structure
Tropic Bar Ltd has no subsidiary companies.
Ultimate parent company
TROPIC BAR LTD
10438053
TROPIC BAR LTD Shareholders
The sole shareholder of Tropic Bar Ltd is Maria Clarisse Goncalves Da Silva.
maria clarisse goncalves da silva
100%
tropic bar ltd directors
Tropic Bar Ltd currently has 1 director, Mr Maria Da Silva serving since Oct 2016.
9 channel way, ocean village, southampton, SO14 3GQ
Bank
-
Legal Advisor
-
tropic bar ltd 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 tropic bar ltd.
tropic bar ltd 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.
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tropic bar ltdCompanies House Filings - See Documents
