irmak piraye ltd
irmak piraye ltd Company Information
Company Number
10649214
Website
-Registered Address
akademi accountancy, 500 white hart lane, london, N17 7NA
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Riza Guzel6 Years
Shareholders
riza guzel 100%
irmak piraye ltd Estimated Valuation
Pomanda estimates the enterprise value of IRMAK PIRAYE LTD at £129.7k based on a Turnover of £256.7k and 0.51x industry multiple (adjusted for size and gross margin).
irmak piraye ltd Estimated Valuation
Pomanda estimates the enterprise value of IRMAK PIRAYE LTD at £0 based on an EBITDA of £-538 and a 3.84x industry multiple (adjusted for size and gross margin).
irmak piraye ltd Estimated Valuation
Pomanda estimates the enterprise value of IRMAK PIRAYE LTD at £4.5k based on Net Assets of £1.5k and 3.04x industry multiple (adjusted for liquidity).
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Irmak Piraye Ltd Overview
Irmak Piraye Ltd is a live company located in london, N17 7NA with a Companies House number of 10649214. It operates in the licenced restaurants sector, SIC Code 56101. Founded in March 2017, it's largest shareholder is riza guzel with a 100% stake. Irmak Piraye Ltd is a young, micro sized company, Pomanda has estimated its turnover at £256.7k with healthy growth in recent years.
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Irmak Piraye Ltd Health Check
Pomanda's financial health check has awarded Irmak Piraye Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £256.7k, make it smaller than the average company (£1.6m)
- Irmak Piraye Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.4%)
- Irmak Piraye Ltd
3.4% - Industry AVG
Production
with a gross margin of 34.5%, this company has a higher cost of product (57.1%)
- Irmak Piraye Ltd
57.1% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4%)
- Irmak Piraye Ltd
4% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Irmak Piraye Ltd
36 - Industry AVG
Pay Structure
on an average salary of £18.8k, the company has an equivalent pay structure (£18.8k)
- Irmak Piraye Ltd
£18.8k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is more efficient (£50.4k)
- Irmak Piraye Ltd
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (6 days)
- Irmak Piraye Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (46 days)
- Irmak Piraye Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Irmak Piraye Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Irmak Piraye Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.9%, this is a higher level of debt than the average (86%)
96.9% - Irmak Piraye Ltd
86% - Industry AVG
IRMAK PIRAYE LTD financials
Irmak Piraye Ltd's latest turnover from March 2023 is estimated at £256.7 thousand and the company has net assets of £1.5 thousand. According to their latest financial statements, Irmak Piraye Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 4 | 4 | 4 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 11,602 | 13,200 | 0 | 0 | 0 | 0 |
| 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 | 11,602 | 13,200 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 35,260 | 42,377 | 74,645 | 22,137 | 11,124 | 13,864 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,260 | 42,377 | 74,645 | 22,137 | 11,124 | 13,864 |
| total assets | 46,862 | 55,577 | 74,645 | 22,137 | 11,124 | 13,864 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,258 | 10,809 | 18,629 | 16,802 | 9,600 | 8,709 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,258 | 10,809 | 18,629 | 16,802 | 9,600 | 8,709 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 36,133 | 42,759 | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 36,133 | 42,759 | 50,000 | 0 | 0 | 0 |
| total liabilities | 45,391 | 53,568 | 68,629 | 16,802 | 9,600 | 8,709 |
| net assets | 1,471 | 2,009 | 6,016 | 5,335 | 1,524 | 5,155 |
| total shareholders funds | 1,471 | 2,009 | 6,016 | 5,335 | 1,524 | 5,155 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | |||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,117 | -32,268 | 52,508 | 11,013 | -2,740 | 13,864 |
| Creditors | -1,551 | -7,820 | 1,827 | 7,202 | 891 | 8,709 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,626 | -7,241 | 50,000 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
irmak piraye ltd Credit Report and Business Information
Irmak Piraye Ltd Competitor Analysis
Perform a competitor analysis for irmak piraye ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in N17 area or any other competitors across 12 key performance metrics.
irmak piraye ltd Ownership
IRMAK PIRAYE LTD group structure
Irmak Piraye Ltd has no subsidiary companies.
Ultimate parent company
IRMAK PIRAYE LTD
10649214
irmak piraye ltd directors
Irmak Piraye Ltd currently has 1 director, Mr Riza Guzel serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Riza Guzel | England | 45 years | Oct 2018 | - | Director |
P&L
March 2023turnover
256.7k
+39%
operating profit
-538
0%
gross margin
34.6%
+5.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.5k
-0.27%
total assets
46.9k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
irmak piraye ltd company details
company number
10649214
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
akademi accountancy, 500 white hart lane, london, N17 7NA
Bank
-
Legal Advisor
-
irmak piraye 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 irmak piraye ltd.
irmak piraye ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
