air bar ltd
air bar ltd Company Information
Company Number
10717609
Website
www.airbarstore.comRegistered Address
106 doversley road, birmingham, B14 6NW
Industry
Public houses and bars
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
stephen haselden 50%
timothy haselden 25%
View Allair bar ltd Estimated Valuation
Pomanda estimates the enterprise value of AIR BAR LTD at £29.2k based on a Turnover of £58.4k and 0.5x industry multiple (adjusted for size and gross margin).
air bar ltd Estimated Valuation
Pomanda estimates the enterprise value of AIR BAR LTD at £47.3k based on an EBITDA of £13k and a 3.64x industry multiple (adjusted for size and gross margin).
air bar ltd Estimated Valuation
Pomanda estimates the enterprise value of AIR BAR LTD at £7.6k based on Net Assets of £4.1k and 1.85x industry multiple (adjusted for liquidity).
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Air Bar Ltd Overview
Air Bar Ltd is a live company located in birmingham, B14 6NW with a Companies House number of 10717609. It operates in the public houses and bars sector, SIC Code 56302. Founded in April 2017, it's largest shareholder is stephen haselden with a 50% stake. Air Bar Ltd is a young, micro sized company, Pomanda has estimated its turnover at £58.4k with declining growth in recent years.
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Air Bar Ltd Health Check
Pomanda's financial health check has awarded Air Bar Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £58.4k, make it smaller than the average company (£440.6k)
- Air Bar Ltd
£440.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.2%)
- Air Bar Ltd
2.2% - Industry AVG
Production
with a gross margin of 40.9%, this company has a higher cost of product (55.4%)
- Air Bar Ltd
55.4% - Industry AVG
Profitability
an operating margin of 22.3% make it more profitable than the average company (4.7%)
- Air Bar Ltd
4.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Air Bar Ltd
10 - Industry AVG
Pay Structure
on an average salary of £14.6k, the company has an equivalent pay structure (£14.6k)
- Air Bar Ltd
£14.6k - Industry AVG
Efficiency
resulting in sales per employee of £58.4k, this is more efficient (£46.1k)
- Air Bar Ltd
£46.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (10 days)
- Air Bar Ltd
10 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Air Bar Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Air Bar Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Air Bar Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a similar level of debt than the average (84%)
89.1% - Air Bar Ltd
84% - Industry AVG
AIR BAR LTD financials
Air Bar Ltd's latest turnover from April 2023 is estimated at £58.4 thousand and the company has net assets of £4.1 thousand. According to their latest financial statements, Air Bar Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 27,470 | 27,422 | 30,005 | 33,339 | 37,043 | 41,158 |
| 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 | 27,470 | 27,422 | 30,005 | 33,339 | 37,043 | 41,158 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,409 | 5,881 | 10,752 | 9,263 | 2,184 | 863 |
| 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 | 10,409 | 5,881 | 10,752 | 9,263 | 2,184 | 863 |
| total assets | 37,879 | 33,303 | 40,757 | 42,602 | 39,227 | 42,021 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 39,402 | 39,403 |
| 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 | 0 | 0 | 0 | 0 | 39,402 | 39,403 |
| 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 | 33,758 | 38,934 | 38,934 | 40,961 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 33,758 | 38,934 | 38,934 | 40,961 | 0 | 0 |
| total liabilities | 33,758 | 38,934 | 38,934 | 40,961 | 39,402 | 39,403 |
| net assets | 4,121 | -5,631 | 1,823 | 1,641 | -175 | 2,618 |
| total shareholders funds | 4,121 | -5,631 | 1,823 | 1,641 | -175 | 2,618 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,528 | -4,871 | 1,489 | 7,079 | 1,321 | 863 |
| Creditors | 0 | 0 | 0 | -39,402 | -1 | 39,403 |
| 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 | -5,176 | 0 | -2,027 | 40,961 | 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 |
air bar ltd Credit Report and Business Information
Air Bar Ltd Competitor Analysis
Perform a competitor analysis for air bar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B14 area or any other competitors across 12 key performance metrics.
air bar ltd Ownership
AIR BAR LTD group structure
Air Bar Ltd has no subsidiary companies.
Ultimate parent company
AIR BAR LTD
10717609
air bar ltd directors
Air Bar Ltd currently has 3 directors. The longest serving directors include Dr Stephen Haselden (Apr 2017) and Mr Timothy Haselden (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Stephen Haselden | England | 38 years | Apr 2017 | - | Director |
| Mr Timothy Haselden | England | 41 years | Apr 2017 | - | Director |
| Mrs Elizabeth Haselden | England | 35 years | Apr 2017 | - | Director |
P&L
April 2023turnover
58.4k
+112%
operating profit
13k
0%
gross margin
41%
+11.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
4.1k
-1.73%
total assets
37.9k
+0.14%
cash
0
0%
net assets
Total assets minus all liabilities
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air bar ltd company details
company number
10717609
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
106 doversley road, birmingham, B14 6NW
Bank
-
Legal Advisor
-
air 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 air bar ltd.
air bar ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
