the penny tap ltd
the penny tap ltd Company Information
Company Number
10495962
Next Accounts
Nov 2025
Shareholders
richard jesse
stuart allen
View AllGroup Structure
View All
Industry
Public houses and bars
Registered Address
1 remedy gate cottage, woodlands, wimborne, dorset, BH21 8NG
Website
thepennytap.co.ukthe penny tap ltd Estimated Valuation
Pomanda estimates the enterprise value of THE PENNY TAP LTD at £6.7k based on a Turnover of £10.8k and 0.62x industry multiple (adjusted for size and gross margin).
the penny tap ltd Estimated Valuation
Pomanda estimates the enterprise value of THE PENNY TAP LTD at £0 based on an EBITDA of £-947 and a 4.07x industry multiple (adjusted for size and gross margin).
the penny tap ltd Estimated Valuation
Pomanda estimates the enterprise value of THE PENNY TAP LTD at £13.1k based on Net Assets of £6k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Penny Tap Ltd Overview
The Penny Tap Ltd is a live company located in wimborne, BH21 8NG with a Companies House number of 10495962. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 2016, it's largest shareholder is richard jesse with a 14.3% stake. The Penny Tap Ltd is a young, micro sized company, Pomanda has estimated its turnover at £10.8k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Penny Tap Ltd Health Check
Pomanda's financial health check has awarded The Penny Tap Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £10.8k, make it smaller than the average company (£547.7k)
- The Penny Tap Ltd
£547.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (16%)
- The Penny Tap Ltd
16% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
- The Penny Tap Ltd
58% - Industry AVG
Profitability
an operating margin of -15.5% make it less profitable than the average company (5.7%)
- The Penny Tap Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
- The Penny Tap Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15.8k, the company has an equivalent pay structure (£15.8k)
- The Penny Tap Ltd
£15.8k - Industry AVG
Efficiency
resulting in sales per employee of £10.8k, this is less efficient (£52.3k)
- The Penny Tap Ltd
£52.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Penny Tap Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (48 days)
- The Penny Tap Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 222 days, this is more than average (16 days)
- The Penny Tap Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (14 weeks)
55 weeks - The Penny Tap Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (76.8%)
42.6% - The Penny Tap Ltd
76.8% - Industry AVG
THE PENNY TAP LTD financials
The Penny Tap Ltd's latest turnover from February 2024 is estimated at £10.8 thousand and the company has net assets of £6 thousand. According to their latest financial statements, we estimate that The Penny Tap Ltd has 1 employee and maintains cash reserves of £4.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| 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
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,937 | 581 | 727 | 909 | 1,137 | 1,421 | 1,777 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,937 | 581 | 727 | 909 | 1,137 | 1,421 | 1,777 |
| Stock & work in progress | 2,772 | 2,454 | 1,910 | 496 | 1,973 | 2,298 | 2,654 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,802 | 10,273 | 8,726 | 12,814 | 7,051 | 6,068 | 5,012 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,574 | 12,727 | 10,636 | 13,310 | 9,024 | 8,366 | 7,666 |
| total assets | 10,511 | 13,308 | 11,363 | 14,219 | 10,161 | 9,787 | 9,443 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,500 | 2,000 | 0 | 0 | 2,501 | 2,144 | 1,273 |
| 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 | 2,980 | 3,991 | 2,305 | 4,120 | 3,565 | 3,424 | 2,916 |
| total current liabilities | 4,480 | 5,991 | 2,305 | 4,120 | 6,066 | 5,568 | 4,189 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,480 | 5,991 | 2,305 | 4,120 | 6,066 | 5,568 | 4,189 |
| net assets | 6,031 | 7,317 | 9,058 | 10,099 | 4,095 | 4,219 | 5,254 |
| total shareholders funds | 6,031 | 7,317 | 9,058 | 10,099 | 4,095 | 4,219 | 5,254 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 734 | 146 | 182 | 228 | 284 | 356 | 445 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 318 | 544 | 1,414 | -1,477 | -325 | -356 | 2,654 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -500 | 2,000 | 0 | -2,501 | 357 | 871 | 1,273 |
| Accruals and Deferred Income | -1,011 | 1,686 | -1,815 | 555 | 141 | 508 | 2,916 |
| Deferred Taxes & Provisions | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -5,471 | 1,547 | -4,088 | 5,763 | 983 | 1,056 | 5,012 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,471 | 1,547 | -4,088 | 5,763 | 983 | 1,056 | 5,012 |
the penny tap ltd Credit Report and Business Information
The Penny Tap Ltd Competitor Analysis
Perform a competitor analysis for the penny tap ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BH21 area or any other competitors across 12 key performance metrics.
the penny tap ltd Ownership
THE PENNY TAP LTD group structure
The Penny Tap Ltd has no subsidiary companies.
Ultimate parent company
THE PENNY TAP LTD
10495962
the penny tap ltd directors
The Penny Tap Ltd currently has 7 directors. The longest serving directors include Mr Simon Meaden (Nov 2016) and Mr Nigel Turton (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Meaden | United Kingdom | 59 years | Nov 2016 | - | Director |
| Mr Nigel Turton | United Kingdom | 57 years | Nov 2016 | - | Director |
| Mr Richard Jesse | United Kingdom | 46 years | Nov 2016 | - | Director |
| Mr Simon Wallworth | United Kingdom | 59 years | Nov 2016 | - | Director |
| Mr Bill Meaden | United Kingdom | 33 years | Nov 2016 | - | Director |
| Mr Barry Mitchell | United Kingdom | 46 years | Nov 2016 | - | Director |
| Mr Stuart Allen | United Kingdom | 52 years | Nov 2016 | - | Director |
P&L
February 2024turnover
10.8k
+10%
operating profit
-1.7k
0%
gross margin
58%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
6k
-0.18%
total assets
10.5k
-0.21%
cash
4.8k
-0.53%
net assets
Total assets minus all liabilities
the penny tap ltd company details
company number
10495962
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
SARAH ALLEN
auditor
-
address
1 remedy gate cottage, woodlands, wimborne, dorset, BH21 8NG
Bank
-
Legal Advisor
-
the penny tap 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 the penny tap ltd.
the penny tap 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.
Click to start generating capital raising & share issue transactions for THE PENNY TAP LTD. This can take several minutes, an email will notify you when this has completed.
the penny tap ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
