the barrels hereford limited
the barrels hereford limited Company Information
Group Structure
View All
Industry
Public houses and bars
Registered Address
the barrels no 69, 69 st owens st, hereford, herefordshire, HR1 2JQ
Website
barrelsluton.co.ukthe barrels hereford limited Estimated Valuation
Pomanda estimates the enterprise value of THE BARRELS HEREFORD LIMITED at £624k based on a Turnover of £1.1m and 0.59x industry multiple (adjusted for size and gross margin).
the barrels hereford limited Estimated Valuation
Pomanda estimates the enterprise value of THE BARRELS HEREFORD LIMITED at £250k based on an EBITDA of £60.7k and a 4.12x industry multiple (adjusted for size and gross margin).
the barrels hereford limited Estimated Valuation
Pomanda estimates the enterprise value of THE BARRELS HEREFORD LIMITED at £218.8k based on Net Assets of £113.6k and 1.93x industry multiple (adjusted for liquidity).
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The Barrels Hereford Limited Overview
The Barrels Hereford Limited is a live company located in hereford, HR1 2JQ with a Companies House number of 10770440. It operates in the public houses and bars sector, SIC Code 56302. Founded in May 2017, it's largest shareholder is erasmus inns limited with a 100% stake. The Barrels Hereford Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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The Barrels Hereford Limited Health Check
Pomanda's financial health check has awarded The Barrels Hereford Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £1.1m, make it larger than the average company (£562.7k)
- The Barrels Hereford Limited
£562.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (25%)
- The Barrels Hereford Limited
25% - Industry AVG
Production
with a gross margin of 55.3%, this company has a comparable cost of product (55.3%)
- The Barrels Hereford Limited
55.3% - Industry AVG
Profitability
an operating margin of 5.5% make it more profitable than the average company (4.3%)
- The Barrels Hereford Limited
4.3% - Industry AVG
Employees
with 28 employees, this is above the industry average (12)
28 - The Barrels Hereford Limited
12 - Industry AVG
Pay Structure
on an average salary of £15.5k, the company has an equivalent pay structure (£15.5k)
- The Barrels Hereford Limited
£15.5k - Industry AVG
Efficiency
resulting in sales per employee of £38k, this is less efficient (£51.1k)
- The Barrels Hereford Limited
£51.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Barrels Hereford Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (45 days)
- The Barrels Hereford Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is more than average (15 days)
- The Barrels Hereford Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (14 weeks)
59 weeks - The Barrels Hereford Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62%, this is a lower level of debt than the average (78%)
62% - The Barrels Hereford Limited
78% - Industry AVG
THE BARRELS HEREFORD LIMITED financials
The Barrels Hereford Limited's latest turnover from April 2024 is estimated at £1.1 million and the company has net assets of £113.6 thousand. According to their latest financial statements, The Barrels Hereford Limited has 28 employees and maintains cash reserves of £210.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 28 | 27 | 19 | 20 | 20 | 20 | 20 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,457 | 32,643 | 35,598 | 39,194 | 43,131 | 29,963 | 32,261 |
| Intangible Assets | 1 | 1 | 1 | 1 | 1 | 1 | |
| Investments & Other | |||||||
| Debtors (Due After 1 year) | 650 | ||||||
| Total Fixed Assets | 30,457 | 32,644 | 35,599 | 39,845 | 43,132 | 29,964 | 32,262 |
| Stock & work in progress | 25,309 | 23,023 | 15,439 | 13,510 | 16,240 | 14,200 | 20,124 |
| Trade Debtors | 406 | 406 | 406 | 406 | 406 | ||
| Group Debtors | 20,000 | ||||||
| Misc Debtors | 32,296 | 25,416 | 887 | 11,986 | 14,723 | 265 | |
| Cash | 210,859 | 128,060 | 120,117 | 111,009 | 23,040 | 158,762 | 184,736 |
| misc current assets | |||||||
| total current assets | 268,464 | 196,499 | 136,849 | 136,911 | 54,409 | 173,633 | 205,266 |
| total assets | 298,921 | 229,143 | 172,448 | 176,756 | 97,541 | 203,597 | 237,528 |
| Bank overdraft | 3,779 | ||||||
| Bank loan | |||||||
| Trade Creditors | 29,352 | 20,210 | 38,493 | 26,358 | 14,953 | 55,863 | 63,561 |
| Group/Directors Accounts | 78,697 | 75,447 | |||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 77,246 | 50,583 | 81,416 | 91,739 | 61,177 | 74,247 | 126,004 |
| total current liabilities | 185,295 | 146,240 | 119,909 | 121,876 | 76,130 | 130,110 | 189,565 |
| loans | 36,221 | ||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 175 | ||||||
| total long term liabilities | 36,221 | 175 | |||||
| total liabilities | 185,295 | 146,240 | 119,909 | 158,097 | 76,130 | 130,110 | 189,740 |
| net assets | 113,626 | 82,903 | 52,539 | 18,659 | 21,411 | 73,487 | 47,788 |
| total shareholders funds | 113,626 | 82,903 | 52,539 | 18,659 | 21,411 | 73,487 | 47,788 |
| Apr 2024 | Apr 2023 | Apr 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 2,186 | 2,955 | 3,596 | 4,137 | 4,710 | 4,580 | 6,172 |
| Amortisation | 1 | ||||||
| Tax | |||||||
| Stock | 2,286 | 7,584 | 1,929 | -2,730 | 2,040 | -5,924 | 20,124 |
| Debtors | -13,120 | 44,123 | -11,749 | -2,087 | 14,458 | 265 | 406 |
| Creditors | 9,142 | -18,283 | 12,135 | 11,405 | -40,910 | -7,698 | 63,561 |
| Accruals and Deferred Income | 26,663 | -30,833 | -10,323 | 30,562 | -13,070 | -51,757 | 126,004 |
| Deferred Taxes & Provisions | -175 | 175 | |||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 3,250 | 75,447 | |||||
| Other Short Term Loans | |||||||
| Long term loans | -36,221 | 36,221 | |||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 82,799 | 7,943 | 9,108 | 87,969 | -135,722 | -25,974 | 184,736 |
| overdraft | -3,779 | 3,779 | |||||
| change in cash | 82,799 | 7,943 | 12,887 | 84,190 | -135,722 | -25,974 | 184,736 |
the barrels hereford limited Credit Report and Business Information
The Barrels Hereford Limited Competitor Analysis
Perform a competitor analysis for the barrels hereford limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in HR1 area or any other competitors across 12 key performance metrics.
the barrels hereford limited Ownership
THE BARRELS HEREFORD LIMITED group structure
The Barrels Hereford Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE BARRELS HEREFORD LIMITED
10770440
the barrels hereford limited directors
The Barrels Hereford Limited currently has 1 director, Mr Peter Amor serving since May 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Amor | 78 years | May 2017 | - | Director |
P&L
April 2024turnover
1.1m
+11%
operating profit
58.5k
0%
gross margin
55.4%
-4.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
113.6k
+0.37%
total assets
298.9k
+0.3%
cash
210.9k
+0.65%
net assets
Total assets minus all liabilities
the barrels hereford limited company details
company number
10770440
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
ORMEROD RUTTER LIMITED
address
the barrels no 69, 69 st owens st, hereford, herefordshire, HR1 2JQ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
the barrels hereford 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 the barrels hereford limited.
the barrels hereford limited 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.
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the barrels hereford limited Companies House Filings - See Documents
| date | description | view/download |
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