lk bar limited
lk bar limited Company Information
Company Number
10490858
Website
-Registered Address
788-790 finchley road, finchley road, london, NW11 7TL
Industry
Public houses and bars
Telephone
-
Next Accounts Due
420 days late
Group Structure
View All
Directors
Gavin Ashton7 Years
Shareholders
gavin ashton 100%
lk bar limited Estimated Valuation
Pomanda estimates the enterprise value of LK BAR LIMITED at £5.2k based on a Turnover of £12.2k and 0.43x industry multiple (adjusted for size and gross margin).
lk bar limited Estimated Valuation
Pomanda estimates the enterprise value of LK BAR LIMITED at £0 based on an EBITDA of £-3.4k and a 3.13x industry multiple (adjusted for size and gross margin).
lk bar limited Estimated Valuation
Pomanda estimates the enterprise value of LK BAR LIMITED at £0 based on Net Assets of £-33.1k and 1.85x industry multiple (adjusted for liquidity).
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Lk Bar Limited Overview
Lk Bar Limited is a live company located in london, NW11 7TL with a Companies House number of 10490858. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 2016, it's largest shareholder is gavin ashton with a 100% stake. Lk Bar Limited is a young, micro sized company, Pomanda has estimated its turnover at £12.2k with declining growth in recent years.
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Lk Bar Limited Health Check
Pomanda's financial health check has awarded Lk Bar Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £12.2k, make it smaller than the average company (£335k)
- Lk Bar Limited
£335k - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (-20.2%)
- Lk Bar Limited
-20.2% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (57.4%)
- Lk Bar Limited
57.4% - Industry AVG
Profitability
an operating margin of -28.3% make it less profitable than the average company (1.4%)
- Lk Bar Limited
1.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Lk Bar Limited
15 - Industry AVG
Pay Structure
on an average salary of £12.9k, the company has an equivalent pay structure (£12.9k)
- Lk Bar Limited
£12.9k - Industry AVG
Efficiency
resulting in sales per employee of £12.2k, this is less efficient (£24.7k)
- Lk Bar Limited
£24.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (17 days)
- Lk Bar Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 143 days, this is slower than average (65 days)
- Lk Bar Limited
65 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lk Bar Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lk Bar Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1227.6%, this is a higher level of debt than the average (82.5%)
1227.6% - Lk Bar Limited
82.5% - Industry AVG
LK BAR LIMITED financials
Lk Bar Limited's latest turnover from November 2021 is estimated at £12.2 thousand and the company has net assets of -£33.1 thousand. According to their latest financial statements, Lk Bar Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|
| Turnover | 18,688 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | 0 | ||||
| Interest Receivable | 0 | ||||
| Pre-Tax Profit | -2,260 | ||||
| Tax | 0 | ||||
| Profit After Tax | -2,260 | ||||
| Dividends Paid | 0 | ||||
| Retained Profit | -2,260 | ||||
| Employee Costs | 5,347 | ||||
| Number Of Employees | 1 | 1 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 834 | 1,092 | 708 | 1,610 | 1,610 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 934 | 1,192 | 808 | 1,710 | 1,610 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 1,874 |
| Trade Debtors | 2,001 | 1,963 | 5,497 | 5,170 | 937 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 1,520 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,001 | 1,963 | 5,497 | 5,170 | 4,331 |
| total assets | 2,935 | 3,155 | 6,305 | 6,880 | 5,941 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,477 | 3,798 | 7,855 | 14,053 | 15,507 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,477 | 3,798 | 7,855 | 14,053 | 15,507 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 860 | 0 |
| other liabilities | 32,552 | 29,003 | 34,423 | 12,644 | 8,414 |
| provisions | 0 | 0 | 2,362 | 4,921 | 0 |
| total long term liabilities | 32,552 | 29,003 | 36,785 | 18,425 | 8,414 |
| total liabilities | 36,029 | 32,801 | 44,640 | 32,478 | 23,921 |
| net assets | -33,094 | -29,646 | -38,335 | -25,598 | -17,980 |
| total shareholders funds | -33,094 | -29,646 | -38,335 | -25,598 | -17,980 |
| Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 367 | 0 | |||
| Amortisation | 0 | 0 | 0 | ||
| Tax | 0 | ||||
| Stock | 0 | 0 | 0 | -1,874 | 1,874 |
| Debtors | 38 | -3,534 | 327 | 4,233 | 937 |
| Creditors | -321 | -4,057 | -6,198 | -1,454 | 15,507 |
| Accruals and Deferred Income | 0 | 0 | -860 | 860 | 0 |
| Deferred Taxes & Provisions | 0 | -2,362 | -2,559 | 4,921 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 100 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 3,549 | -5,420 | 21,779 | 4,230 | 8,414 |
| share issue | |||||
| interest | 0 | ||||
| cash flow from financing | 11,302 | ||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | -1,520 | 1,520 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -1,520 | 1,520 |
lk bar limited Credit Report and Business Information
Lk Bar Limited Competitor Analysis
Perform a competitor analysis for lk bar limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NW11 area or any other competitors across 12 key performance metrics.
lk bar limited Ownership
LK BAR LIMITED group structure
Lk Bar Limited has no subsidiary companies.
Ultimate parent company
LK BAR LIMITED
10490858
lk bar limited directors
Lk Bar Limited currently has 1 director, Mr Gavin Ashton serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gavin Ashton | United Kingdom | 44 years | Nov 2016 | - | Director |
P&L
November 2021turnover
12.2k
-43%
operating profit
-3.4k
0%
gross margin
27.4%
-28.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2021net assets
-33.1k
+0.12%
total assets
2.9k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
lk bar limited company details
company number
10490858
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2021
previous names
N/A
accountant
-
auditor
-
address
788-790 finchley road, finchley road, london, NW11 7TL
Bank
-
Legal Advisor
-
lk bar 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 lk bar limited.
lk bar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
