liquor tank ltd
liquor tank ltd Company Information
Company Number
10823110
Website
theliquortank.comRegistered Address
26/28 goodall street, walsall, west midlands, WS1 1QL
Industry
Public houses and bars
Telephone
01543505055
Next Accounts Due
216 days late
Group Structure
View All
Shareholders
mark morris 50%
josef edwards 50%
liquor tank ltd Estimated Valuation
Pomanda estimates the enterprise value of LIQUOR TANK LTD at £406.8k based on a Turnover of £820.6k and 0.5x industry multiple (adjusted for size and gross margin).
liquor tank ltd Estimated Valuation
Pomanda estimates the enterprise value of LIQUOR TANK LTD at £62.7k based on an EBITDA of £17.4k and a 3.59x industry multiple (adjusted for size and gross margin).
liquor tank ltd Estimated Valuation
Pomanda estimates the enterprise value of LIQUOR TANK LTD at £89.7k based on Net Assets of £47.7k and 1.88x industry multiple (adjusted for liquidity).
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Liquor Tank Ltd Overview
Liquor Tank Ltd is a live company located in west midlands, WS1 1QL with a Companies House number of 10823110. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2017, it's largest shareholder is mark morris with a 50% stake. Liquor Tank Ltd is a young, small sized company, Pomanda has estimated its turnover at £820.6k with healthy growth in recent years.
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Liquor Tank Ltd Health Check
Pomanda's financial health check has awarded Liquor Tank Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £820.6k, make it larger than the average company (£373.2k)
- Liquor Tank Ltd
£373.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (-8.8%)
- Liquor Tank Ltd
-8.8% - Industry AVG
Production
with a gross margin of 39.2%, this company has a higher cost of product (59.1%)
- Liquor Tank Ltd
59.1% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (6.3%)
- Liquor Tank Ltd
6.3% - Industry AVG
Employees
with 25 employees, this is above the industry average (13)
25 - Liquor Tank Ltd
13 - Industry AVG
Pay Structure
on an average salary of £13.6k, the company has an equivalent pay structure (£13.6k)
- Liquor Tank Ltd
£13.6k - Industry AVG
Efficiency
resulting in sales per employee of £32.8k, this is equally as efficient (£33.9k)
- Liquor Tank Ltd
£33.9k - Industry AVG
Debtor Days
it gets paid by customers after 108 days, this is later than average (12 days)
- Liquor Tank Ltd
12 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (66 days)
- Liquor Tank Ltd
66 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Liquor Tank Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Liquor Tank Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a similar level of debt than the average (81.2%)
83% - Liquor Tank Ltd
81.2% - Industry AVG
LIQUOR TANK LTD financials
Liquor Tank Ltd's latest turnover from May 2022 is estimated at £820.6 thousand and the company has net assets of £47.7 thousand. According to their latest financial statements, Liquor Tank Ltd has 25 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 25 | 25 | 22 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 35,738 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 35,738 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 244,692 | 155,563 | 92,169 | 89,034 | 61,569 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 244,692 | 155,563 | 92,169 | 89,034 | 61,569 |
| total assets | 280,430 | 155,563 | 92,169 | 89,034 | 61,569 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 190,808 | 72,027 | 40,893 | 40,540 | 51,305 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 190,808 | 72,027 | 40,893 | 40,540 | 51,305 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 41,957 | 50,000 | 16,110 | 23,548 | 27,750 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,957 | 50,000 | 16,110 | 23,548 | 27,750 |
| total liabilities | 232,765 | 122,027 | 57,003 | 64,088 | 79,055 |
| net assets | 47,665 | 33,536 | 35,166 | 24,946 | -17,486 |
| total shareholders funds | 47,665 | 33,536 | 35,166 | 24,946 | -17,486 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 89,129 | 63,394 | 3,135 | 27,465 | 61,569 |
| Creditors | 118,781 | 31,134 | 353 | -10,765 | 51,305 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,043 | 33,890 | -7,438 | -4,202 | 27,750 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
liquor tank ltd Credit Report and Business Information
Liquor Tank Ltd Competitor Analysis
Perform a competitor analysis for liquor tank ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WS1 area or any other competitors across 12 key performance metrics.
liquor tank ltd Ownership
LIQUOR TANK LTD group structure
Liquor Tank Ltd has no subsidiary companies.
Ultimate parent company
LIQUOR TANK LTD
10823110
liquor tank ltd directors
Liquor Tank Ltd currently has 2 directors. The longest serving directors include Mr Josef Edwards (Jun 2017) and Mr Mark Morris (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Josef Edwards | United Kingdom | 32 years | Jun 2017 | - | Director |
| Mr Mark Morris | 61 years | Jun 2017 | - | Director |
P&L
May 2022turnover
820.6k
+60%
operating profit
17.4k
0%
gross margin
39.3%
+11.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
47.7k
+0.42%
total assets
280.4k
+0.8%
cash
0
0%
net assets
Total assets minus all liabilities
liquor tank ltd company details
company number
10823110
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2022
address
26/28 goodall street, walsall, west midlands, WS1 1QL
accountant
-
auditor
-
liquor tank 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 liquor tank ltd.
liquor tank ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
