lee and lee restaurants limited
lee and lee restaurants limited Company Information
Company Number
10627673
Website
-Registered Address
59-61 charlotte street, st pauls square, birmingham, B3 1PX
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Lee Desanges7 Years
Shareholders
lee desanges 100%
lee and lee restaurants limited Estimated Valuation
Pomanda estimates the enterprise value of LEE AND LEE RESTAURANTS LIMITED at £168.8k based on a Turnover of £271.8k and 0.62x industry multiple (adjusted for size and gross margin).
lee and lee restaurants limited Estimated Valuation
Pomanda estimates the enterprise value of LEE AND LEE RESTAURANTS LIMITED at £214.4k based on an EBITDA of £45.4k and a 4.72x industry multiple (adjusted for size and gross margin).
lee and lee restaurants limited Estimated Valuation
Pomanda estimates the enterprise value of LEE AND LEE RESTAURANTS LIMITED at £329k based on Net Assets of £108.1k and 3.04x industry multiple (adjusted for liquidity).
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Lee And Lee Restaurants Limited Overview
Lee And Lee Restaurants Limited is a live company located in birmingham, B3 1PX with a Companies House number of 10627673. It operates in the licenced restaurants sector, SIC Code 56101. Founded in February 2017, it's largest shareholder is lee desanges with a 100% stake. Lee And Lee Restaurants Limited is a young, micro sized company, Pomanda has estimated its turnover at £271.8k with healthy growth in recent years.
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Lee And Lee Restaurants Limited Health Check
Pomanda's financial health check has awarded Lee And Lee Restaurants Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £271.8k, make it smaller than the average company (£2.3m)
- Lee And Lee Restaurants Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (5.9%)
- Lee And Lee Restaurants Limited
5.9% - Industry AVG
Production
with a gross margin of 53.7%, this company has a comparable cost of product (53.7%)
- Lee And Lee Restaurants Limited
53.7% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (2.3%)
- Lee And Lee Restaurants Limited
2.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (42)
9 - Lee And Lee Restaurants Limited
42 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Lee And Lee Restaurants Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £30.2k, this is less efficient (£52.5k)
- Lee And Lee Restaurants Limited
£52.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (5 days)
- Lee And Lee Restaurants Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is close to average (49 days)
- Lee And Lee Restaurants Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (12 days)
- Lee And Lee Restaurants Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (11 weeks)
17 weeks - Lee And Lee Restaurants Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64%, this is a lower level of debt than the average (88.5%)
64% - Lee And Lee Restaurants Limited
88.5% - Industry AVG
LEE AND LEE RESTAURANTS LIMITED financials
Lee And Lee Restaurants Limited's latest turnover from August 2023 is estimated at £271.8 thousand and the company has net assets of £108.1 thousand. According to their latest financial statements, Lee And Lee Restaurants Limited has 9 employees and maintains cash reserves of £53.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 9 | 8 | 6 | 6 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 77,003 | 86,563 | 97,906 | 110,386 | 121,372 | 10,870 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 77,003 | 86,563 | 97,906 | 110,386 | 121,372 | 10,870 |
| Stock & work in progress | 2,793 | 1,020 | 1,911 | 0 | 5,022 | 159 |
| Trade Debtors | 468 | 0 | 0 | 0 | 7,164 | 2,922 |
| Group Debtors | 159,270 | 144,794 | 54,050 | 1,237 | 5,385 | 0 |
| Misc Debtors | 7,430 | 6,813 | 4,844 | 5,418 | 3,448 | 0 |
| Cash | 53,109 | 9,587 | 9,135 | 49,643 | 17,131 | 7,835 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 223,070 | 162,214 | 69,940 | 56,298 | 38,150 | 10,916 |
| total assets | 300,073 | 248,777 | 167,846 | 166,684 | 159,522 | 21,786 |
| Bank overdraft | 55,000 | 17,244 | 10,000 | 7,500 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,640 | 25,630 | 5,206 | 19,128 | 14,459 | 3,749 |
| Group/Directors Accounts | 180 | 0 | 0 | 17,373 | 45,575 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 89,205 | 65,808 | 56,376 | 48,270 | 60,348 | 0 |
| total current liabilities | 162,025 | 108,682 | 71,582 | 92,271 | 120,382 | 3,749 |
| loans | 29,903 | 49,725 | 39,167 | 42,500 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,903 | 49,725 | 39,167 | 42,500 | 0 | 0 |
| total liabilities | 191,928 | 158,407 | 110,749 | 134,771 | 120,382 | 3,749 |
| net assets | 108,145 | 90,370 | 57,097 | 31,913 | 39,140 | 18,037 |
| total shareholders funds | 108,145 | 90,370 | 57,097 | 31,913 | 39,140 | 18,037 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Feb 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 14,942 | 14,527 | 14,334 | 14,157 | 17,251 | 1,208 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 1,773 | -891 | 1,911 | -5,022 | 4,863 | 159 |
| Debtors | 15,561 | 92,713 | 52,239 | -9,342 | 13,075 | 2,922 |
| Creditors | -7,990 | 20,424 | -13,922 | 4,669 | 10,710 | 3,749 |
| Accruals and Deferred Income | 23,397 | 9,432 | 8,106 | -12,078 | 60,348 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 180 | 0 | -17,373 | -28,202 | 45,575 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -19,822 | 10,558 | -3,333 | 42,500 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 43,522 | 452 | -40,508 | 32,512 | 9,296 | 7,835 |
| overdraft | 37,756 | 7,244 | 2,500 | 7,500 | 0 | 0 |
| change in cash | 5,766 | -6,792 | -43,008 | 25,012 | 9,296 | 7,835 |
lee and lee restaurants limited Credit Report and Business Information
Lee And Lee Restaurants Limited Competitor Analysis
Perform a competitor analysis for lee and lee restaurants limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.
lee and lee restaurants limited Ownership
LEE AND LEE RESTAURANTS LIMITED group structure
Lee And Lee Restaurants Limited has no subsidiary companies.
Ultimate parent company
LEE AND LEE RESTAURANTS LIMITED
10627673
lee and lee restaurants limited directors
Lee And Lee Restaurants Limited currently has 1 director, Mr Lee Desanges serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Desanges | England | 42 years | Feb 2017 | - | Director |
P&L
August 2023turnover
271.8k
+2%
operating profit
30.5k
0%
gross margin
53.8%
-2.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
108.1k
+0.2%
total assets
300.1k
+0.21%
cash
53.1k
+4.54%
net assets
Total assets minus all liabilities
lee and lee restaurants limited company details
company number
10627673
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
MICHAEL DUFTY PARTNERSHIP LTD
auditor
-
address
59-61 charlotte street, st pauls square, birmingham, B3 1PX
Bank
-
Legal Advisor
-
lee and lee restaurants 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 lee and lee restaurants limited.
lee and lee restaurants limited Companies House Filings - See Documents
| date | description | view/download |
|---|
