inventive bars ltd
inventive bars ltd Company Information
Company Number
11078632
Next Accounts
Oct 2025
Industry
Public houses and bars
Directors
Shareholders
timothy wetjen
faye graham
Group Structure
View All
Contact
Registered Address
43 bradshawgate, bolton, BL1 1DR
Website
-inventive bars ltd Estimated Valuation
Pomanda estimates the enterprise value of INVENTIVE BARS LTD at £374k based on a Turnover of £695k and 0.54x industry multiple (adjusted for size and gross margin).
inventive bars ltd Estimated Valuation
Pomanda estimates the enterprise value of INVENTIVE BARS LTD at £0 based on an EBITDA of £-7.3k and a 3.54x industry multiple (adjusted for size and gross margin).
inventive bars ltd Estimated Valuation
Pomanda estimates the enterprise value of INVENTIVE BARS LTD at £0 based on Net Assets of £-5.3k and 2.17x industry multiple (adjusted for liquidity).
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Inventive Bars Ltd Overview
Inventive Bars Ltd is a live company located in bolton, BL1 1DR with a Companies House number of 11078632. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 2017, it's largest shareholder is timothy wetjen with a 50% stake. Inventive Bars Ltd is a young, small sized company, Pomanda has estimated its turnover at £695k with unknown growth in recent years.
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Inventive Bars Ltd Health Check
Pomanda's financial health check has awarded Inventive Bars Ltd a 1 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
1 Regular
5 Weak
Size
annual sales of £695k, make it larger than the average company (£545.4k)
- Inventive Bars Ltd
£545.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Inventive Bars Ltd
- - Industry AVG
Production
with a gross margin of 41.7%, this company has a higher cost of product (58.1%)
- Inventive Bars Ltd
58.1% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (5.5%)
- Inventive Bars Ltd
5.5% - Industry AVG
Employees
with 28 employees, this is above the industry average (13)
28 - Inventive Bars Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15.6k, the company has an equivalent pay structure (£15.6k)
- Inventive Bars Ltd
£15.6k - Industry AVG
Efficiency
resulting in sales per employee of £24.8k, this is less efficient (£51.2k)
- Inventive Bars Ltd
£51.2k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is later than average (8 days)
- Inventive Bars Ltd
8 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Inventive Bars Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Inventive Bars Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Inventive Bars Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113%, this is a higher level of debt than the average (76.9%)
113% - Inventive Bars Ltd
76.9% - Industry AVG
INVENTIVE BARS LTD financials
Inventive Bars Ltd's latest turnover from January 2024 is estimated at £695 thousand and the company has net assets of -£5.3 thousand. According to their latest financial statements, Inventive Bars Ltd has 28 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Nov 2020 | Nov 2019 | Nov 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 | 25 | 20 | 6 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,136 | 10,434 | 6,770 | 8,687 | 190 | 378 |
| 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 | 8,136 | 10,434 | 6,770 | 8,687 | 190 | 378 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 4,500 |
| Trade Debtors | 20,901 | 63,613 | 92,476 | 58,519 | 10,941 | 9,686 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 21,751 |
| misc current assets | 11,816 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,717 | 63,613 | 92,476 | 58,519 | 10,941 | 35,937 |
| total assets | 40,853 | 74,047 | 99,246 | 67,206 | 11,131 | 36,315 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 22,706 | 37,083 | 19,579 | 21,674 | 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 | 0 | 36,118 |
| total current liabilities | 0 | 22,706 | 37,083 | 19,579 | 21,674 | 36,118 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 1,649 | 840 | 0 |
| other liabilities | 46,181 | 49,366 | 49,167 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 46,181 | 49,366 | 49,167 | 51,649 | 840 | 0 |
| total liabilities | 46,181 | 72,072 | 86,250 | 71,228 | 22,514 | 36,118 |
| net assets | -5,328 | 1,975 | 12,996 | -4,022 | -11,383 | 197 |
| total shareholders funds | -5,328 | 1,975 | 12,996 | -4,022 | -11,383 | 197 |
| Jan 2024 | Jan 2023 | Jan 2022 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 188 | 188 | ||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | -4,500 | 4,500 |
| Debtors | -42,712 | -28,863 | 92,476 | 47,578 | 1,255 | 9,686 |
| Creditors | -22,706 | -14,377 | 37,083 | -2,095 | 21,674 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 809 | -35,278 | 36,118 |
| 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 | -3,185 | 199 | 49,167 | 50,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -21,751 | 21,751 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -21,751 | 21,751 |
inventive bars ltd Credit Report and Business Information
Inventive Bars Ltd Competitor Analysis
Perform a competitor analysis for inventive bars ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in BL1 area or any other competitors across 12 key performance metrics.
inventive bars ltd Ownership
INVENTIVE BARS LTD group structure
Inventive Bars Ltd has no subsidiary companies.
Ultimate parent company
INVENTIVE BARS LTD
11078632
inventive bars ltd directors
Inventive Bars Ltd currently has 1 director, Mr Timothy Wetjen serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Wetjen | United Kingdom | 33 years | Nov 2017 | - | Director |
P&L
January 2024turnover
695k
+8%
operating profit
-7.3k
0%
gross margin
41.7%
-1.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-5.3k
-3.7%
total assets
40.9k
-0.45%
cash
0
0%
net assets
Total assets minus all liabilities
inventive bars ltd company details
company number
11078632
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
43 bradshawgate, bolton, BL1 1DR
Bank
-
Legal Advisor
-
inventive bars 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 inventive bars ltd.
inventive bars 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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inventive bars ltd Companies House Filings - See Documents
| date | description | view/download |
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