finlays bar ltd
finlays bar ltd Company Information
Company Number
10936350
Website
-Registered Address
20-22 wenlock road, london, N1 7GU
Industry
Public houses and bars
Telephone
01416463410
Next Accounts Due
October 2024
Group Structure
View All
Directors
Craig McLaughlin7 Years
Shareholders
craig mclaughlin 100%
finlays bar ltd Estimated Valuation
Pomanda estimates the enterprise value of FINLAYS BAR LTD at £329.7k based on a Turnover of £647.7k and 0.51x industry multiple (adjusted for size and gross margin).
finlays bar ltd Estimated Valuation
Pomanda estimates the enterprise value of FINLAYS BAR LTD at £0 based on an EBITDA of £-68.7k and a 3.71x industry multiple (adjusted for size and gross margin).
finlays bar ltd Estimated Valuation
Pomanda estimates the enterprise value of FINLAYS BAR LTD at £0 based on Net Assets of £-78.3k and 1.85x industry multiple (adjusted for liquidity).
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Finlays Bar Ltd Overview
Finlays Bar Ltd is a dissolved company that was located in london, N1 7GU with a Companies House number of 10936350. It operated in the public houses and bars sector, SIC Code 56302. Founded in August 2017, it's largest shareholder was craig mclaughlin with a 100% stake. The last turnover for Finlays Bar Ltd was estimated at £647.7k.
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Finlays Bar Ltd Health Check
Pomanda's financial health check has awarded Finlays Bar Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £647.7k, make it larger than the average company (£425k)
- Finlays Bar Ltd
£425k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.6%)
- Finlays Bar Ltd
5.6% - Industry AVG
Production
with a gross margin of 41.3%, this company has a higher cost of product (56.8%)
- Finlays Bar Ltd
56.8% - Industry AVG
Profitability
an operating margin of -10.6% make it less profitable than the average company (5.4%)
- Finlays Bar Ltd
5.4% - Industry AVG
Employees
with 34 employees, this is above the industry average (10)
34 - Finlays Bar Ltd
10 - Industry AVG
Pay Structure
on an average salary of £14.7k, the company has an equivalent pay structure (£14.7k)
- Finlays Bar Ltd
£14.7k - Industry AVG
Efficiency
resulting in sales per employee of £19.1k, this is less efficient (£46.3k)
- Finlays Bar Ltd
£46.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (9 days)
- Finlays Bar Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (47 days)
- Finlays Bar Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finlays Bar Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Finlays Bar Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1268%, this is a higher level of debt than the average (84.7%)
1268% - Finlays Bar Ltd
84.7% - Industry AVG
FINLAYS BAR LTD financials
Finlays Bar Ltd's latest turnover from August 2023 is estimated at £647.7 thousand and the company has net assets of -£78.3 thousand. According to their latest financial statements, Finlays Bar Ltd has 34 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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 | 34 | 35 | 15 | 30 | 7 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 8,482 | 4,026 |
| Trade Debtors | 6,704 | 29,410 | 66,222 | 18,442 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 2,316 | 1,773 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,704 | 29,410 | 66,222 | 18,442 | 10,798 | 5,799 |
| total assets | 6,704 | 29,410 | 66,222 | 18,442 | 10,798 | 5,799 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 85,008 | 39,062 | 72,198 | 30,555 | 4,168 | 0 |
| 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 | 16,856 | 10,352 |
| total current liabilities | 85,008 | 39,062 | 72,198 | 30,555 | 21,024 | 10,352 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 85,008 | 39,062 | 72,198 | 30,555 | 21,024 | 10,352 |
| net assets | -78,304 | -9,652 | -5,976 | -12,113 | -10,226 | -4,553 |
| total shareholders funds | -78,304 | -9,652 | -5,976 | -12,113 | -10,226 | -4,553 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | -8,482 | 4,456 | 4,026 |
| Debtors | -22,706 | -36,812 | 47,780 | 18,442 | 0 | 0 |
| Creditors | 45,946 | -33,136 | 41,643 | 26,387 | 4,168 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | -16,856 | 6,504 | 10,352 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -2,316 | 543 | 1,773 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -2,316 | 543 | 1,773 |
finlays bar ltd Credit Report and Business Information
Finlays Bar Ltd Competitor Analysis
Perform a competitor analysis for finlays bar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in N 1 area or any other competitors across 12 key performance metrics.
finlays bar ltd Ownership
FINLAYS BAR LTD group structure
Finlays Bar Ltd has no subsidiary companies.
Ultimate parent company
FINLAYS BAR LTD
10936350
finlays bar ltd directors
Finlays Bar Ltd currently has 1 director, Mr Craig McLaughlin serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig McLaughlin | England | 53 years | Aug 2017 | - | Director |
P&L
August 2023turnover
647.7k
+14%
operating profit
-68.7k
0%
gross margin
41.4%
+1.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-78.3k
+7.11%
total assets
6.7k
-0.77%
cash
0
0%
net assets
Total assets minus all liabilities
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finlays bar ltd company details
company number
10936350
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
August 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
20-22 wenlock road, london, N1 7GU
accountant
LOMOND ACCOUNTANTS LTD
auditor
-
finlays 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 finlays bar ltd.
finlays bar ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
