41 commercial street ltd
41 commercial street ltd Company Information
Group Structure
View All
Industry
Licensed restaurants
Registered Address
62 wentworth street, london, E1 7AL
Website
-41 commercial street ltd Estimated Valuation
Pomanda estimates the enterprise value of 41 COMMERCIAL STREET LTD at £879.5k based on a Turnover of £1.3m and 0.68x industry multiple (adjusted for size and gross margin).
41 commercial street ltd Estimated Valuation
Pomanda estimates the enterprise value of 41 COMMERCIAL STREET LTD at £0 based on an EBITDA of £-35.2k and a 4.39x industry multiple (adjusted for size and gross margin).
41 commercial street ltd Estimated Valuation
Pomanda estimates the enterprise value of 41 COMMERCIAL STREET LTD at £652.8k based on Net Assets of £260.9k and 2.5x industry multiple (adjusted for liquidity).
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41 Commercial Street Ltd Overview
41 Commercial Street Ltd is a live company located in london, E1 7AL with a Companies House number of 10956012. It operates in the licenced restaurants sector, SIC Code 56101. Founded in September 2017, it's largest shareholder is lu xia with a 30% stake. 41 Commercial Street Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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41 Commercial Street Ltd Health Check
Pomanda's financial health check has awarded 41 Commercial Street Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2.6m)
- 41 Commercial Street Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.1%)
- 41 Commercial Street Ltd
6.1% - Industry AVG
Production
with a gross margin of 58.1%, this company has a comparable cost of product (58.1%)
- 41 Commercial Street Ltd
58.1% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (2.5%)
- 41 Commercial Street Ltd
2.5% - Industry AVG
Employees
with 32 employees, this is below the industry average (54)
32 - 41 Commercial Street Ltd
54 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
- 41 Commercial Street Ltd
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £40.4k, this is less efficient (£54.9k)
- 41 Commercial Street Ltd
£54.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 41 Commercial Street Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (47 days)
- 41 Commercial Street Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (12 days)
- 41 Commercial Street Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (13 weeks)
35 weeks - 41 Commercial Street Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.5%, this is a lower level of debt than the average (83.5%)
55.5% - 41 Commercial Street Ltd
83.5% - Industry AVG
41 COMMERCIAL STREET LTD financials
41 Commercial Street Ltd's latest turnover from September 2023 is estimated at £1.3 million and the company has net assets of £260.9 thousand. According to their latest financial statements, 41 Commercial Street Ltd has 32 employees and maintains cash reserves of £221.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 32 | 44 | 27 | 27 | 28 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 40,239 | 38,612 | 41,075 | 48,622 | 53,897 | 59,450 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 40,239 | 38,612 | 41,075 | 48,622 | 53,897 | 59,450 |
| Stock & work in progress | 7,120 | 6,540 | 3,250 | 3,516 | 6,750 | 3,459 |
| Trade Debtors | 6,491 | 11,889 | 9,125 | 20,763 | ||
| Group Debtors | ||||||
| Misc Debtors | 317,548 | 142,820 | 68,253 | 63,865 | 209,264 | 80,350 |
| Cash | 221,881 | 413,295 | 188,727 | 410,313 | 97,388 | 90,238 |
| misc current assets | ||||||
| total current assets | 546,549 | 569,146 | 272,119 | 486,819 | 313,402 | 194,810 |
| total assets | 586,788 | 607,758 | 313,194 | 535,441 | 367,299 | 254,260 |
| Bank overdraft | 3,500 | |||||
| Bank loan | ||||||
| Trade Creditors | 28,559 | 49,314 | 142,031 | 55,363 | 38,940 | 26,699 |
| Group/Directors Accounts | 6,650 | 5,321 | 17,072 | 3,007 | 33,390 | |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 290,685 | 265,941 | 151,577 | 264,689 | 272,589 | 127,493 |
| total current liabilities | 325,894 | 320,576 | 310,680 | 326,559 | 311,529 | 187,582 |
| loans | 206,500 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 206,500 | |||||
| total liabilities | 325,894 | 320,576 | 310,680 | 533,059 | 311,529 | 187,582 |
| net assets | 260,894 | 287,182 | 2,514 | 2,382 | 55,770 | 66,678 |
| total shareholders funds | 260,894 | 287,182 | 2,514 | 2,382 | 55,770 | 66,678 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 7,743 | 8,805 | 8,547 | 11,609 | 10,010 | 10,694 |
| Amortisation | ||||||
| Tax | ||||||
| Stock | 580 | 3,290 | -266 | -3,234 | 3,291 | 3,459 |
| Debtors | 168,237 | 69,169 | 7,152 | -136,274 | 108,151 | 101,113 |
| Creditors | -20,755 | -92,717 | 86,668 | 16,423 | 12,241 | 26,699 |
| Accruals and Deferred Income | 24,744 | 114,364 | -113,112 | -7,900 | 145,096 | 127,493 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 1,329 | -11,751 | 14,065 | 3,007 | -33,390 | 33,390 |
| Other Short Term Loans | ||||||
| Long term loans | -206,500 | 206,500 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -191,414 | 224,568 | -221,586 | 312,925 | 7,150 | 90,238 |
| overdraft | -3,500 | 3,500 | ||||
| change in cash | -191,414 | 224,568 | -218,086 | 309,425 | 7,150 | 90,238 |
41 commercial street ltd Credit Report and Business Information
41 Commercial Street Ltd Competitor Analysis
Perform a competitor analysis for 41 commercial street ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in E 1 area or any other competitors across 12 key performance metrics.
41 commercial street ltd Ownership
41 COMMERCIAL STREET LTD group structure
41 Commercial Street Ltd has no subsidiary companies.
Ultimate parent company
41 COMMERCIAL STREET LTD
10956012
41 commercial street ltd directors
41 Commercial Street Ltd currently has 1 director, Mr Xueming Guo serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Xueming Guo | England | 45 years | Jul 2020 | - | Director |
P&L
September 2023turnover
1.3m
+5%
operating profit
-43k
0%
gross margin
58.2%
+3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
260.9k
-0.09%
total assets
586.8k
-0.03%
cash
221.9k
-0.46%
net assets
Total assets minus all liabilities
41 commercial street ltd company details
company number
10956012
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
62 wentworth street, london, E1 7AL
Bank
-
Legal Advisor
-
41 commercial street 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 41 commercial street ltd.
41 commercial street ltd 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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41 commercial street ltd Companies House Filings - See Documents
| date | description | view/download |
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