papas fish and chips (whitby) limited
papas fish and chips (whitby) limited Company Information
Company Number
11103286
Website
-Registered Address
59 nottingham, ravenshead, nottingham, notts, NG15 9HG
Industry
Licensed restaurants
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
33 days late
Group Structure
View All
Shareholders
papadamou costantino 33.3%
papadamou george 33.3%
View Allpapas fish and chips (whitby) limited Estimated Valuation
Pomanda estimates the enterprise value of PAPAS FISH AND CHIPS (WHITBY) LIMITED at £1.4m based on a Turnover of £2.5m and 0.56x industry multiple (adjusted for size and gross margin).
papas fish and chips (whitby) limited Estimated Valuation
Pomanda estimates the enterprise value of PAPAS FISH AND CHIPS (WHITBY) LIMITED at £803.5k based on an EBITDA of £196.7k and a 4.08x industry multiple (adjusted for size and gross margin).
papas fish and chips (whitby) limited Estimated Valuation
Pomanda estimates the enterprise value of PAPAS FISH AND CHIPS (WHITBY) LIMITED at £788.3k based on Net Assets of £291k and 2.71x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Papas Fish And Chips (whitby) Limited Overview
Papas Fish And Chips (whitby) Limited is a live company located in nottingham, NG15 9HG with a Companies House number of 11103286. It operates in the licenced restaurants sector, SIC Code 56101. Founded in December 2017, it's largest shareholder is papadamou costantino with a 33.3% stake. Papas Fish And Chips (whitby) Limited is a young, small sized company, Pomanda has estimated its turnover at £2.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Papas Fish And Chips (whitby) Limited Health Check
Pomanda's financial health check has awarded Papas Fish And Chips (Whitby) Limited a 4.5 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
4 Regular
4 Weak
Size
annual sales of £2.5m, make it larger than the average company (£1.1m)
- Papas Fish And Chips (whitby) Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 137%, show it is growing at a faster rate (3.8%)
- Papas Fish And Chips (whitby) Limited
3.8% - Industry AVG
Production
with a gross margin of 32.5%, this company has a higher cost of product (50.5%)
- Papas Fish And Chips (whitby) Limited
50.5% - Industry AVG
Profitability
an operating margin of 6.4% make it as profitable than the average company (5.5%)
- Papas Fish And Chips (whitby) Limited
5.5% - Industry AVG
Employees
with 21 employees, this is similar to the industry average (24)
21 - Papas Fish And Chips (whitby) Limited
24 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
- Papas Fish And Chips (whitby) Limited
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £118.6k, this is more efficient (£44.7k)
- Papas Fish And Chips (whitby) Limited
£44.7k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (10 days)
- Papas Fish And Chips (whitby) Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (36 days)
- Papas Fish And Chips (whitby) Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (8 days)
- Papas Fish And Chips (whitby) Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)
1 weeks - Papas Fish And Chips (whitby) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.8%, this is a similar level of debt than the average (81.3%)
79.8% - Papas Fish And Chips (whitby) Limited
81.3% - Industry AVG
PAPAS FISH AND CHIPS (WHITBY) LIMITED financials
Papas Fish And Chips (Whitby) Limited's latest turnover from December 2022 is estimated at £2.5 million and the company has net assets of £291 thousand. According to their latest financial statements, Papas Fish And Chips (Whitby) Limited has 21 employees and maintains cash reserves of £26.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 21 | 24 | 22 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 665,702 | 703,396 | 737,962 | 609,661 | 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 | 665,702 | 703,396 | 737,962 | 609,661 | 0 |
| Stock & work in progress | 12,335 | 19,055 | 0 | 0 | 0 |
| Trade Debtors | 733,635 | 416,522 | 208,055 | 1,732 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 26,238 | 185,202 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 772,208 | 620,779 | 208,055 | 1,732 | 0 |
| total assets | 1,437,910 | 1,324,175 | 946,017 | 611,393 | 0 |
| Bank overdraft | 23,650 | 23,650 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,129 | 33,670 | 532,968 | 216,697 | 0 |
| Group/Directors Accounts | 97,700 | 105,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 5,500 | 0 | 0 | 0 |
| other current liabilities | 582,873 | 521,466 | 0 | 0 | 0 |
| total current liabilities | 728,352 | 689,286 | 532,968 | 216,697 | 0 |
| loans | 418,563 | 440,801 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 422,469 | 429,526 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 418,563 | 440,801 | 422,469 | 429,526 | 0 |
| total liabilities | 1,146,915 | 1,130,087 | 955,437 | 646,223 | 0 |
| net assets | 290,995 | 194,088 | -9,420 | -34,830 | 0 |
| total shareholders funds | 290,995 | 194,088 | -9,420 | -34,830 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 37,694 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | -6,720 | 19,055 | 0 | 0 | 0 |
| Debtors | 317,113 | 208,467 | 206,323 | 1,732 | 0 |
| Creditors | -9,541 | -499,298 | 316,271 | 216,697 | 0 |
| Accruals and Deferred Income | 61,407 | 521,466 | 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 | -7,300 | 105,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -22,238 | 440,801 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -5,500 | 5,500 | 0 | 0 | 0 |
| other long term liabilities | 0 | -422,469 | -7,057 | 429,526 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -158,964 | 185,202 | 0 | 0 | 0 |
| overdraft | 0 | 23,650 | 0 | 0 | 0 |
| change in cash | -158,964 | 161,552 | 0 | 0 | 0 |
papas fish and chips (whitby) limited Credit Report and Business Information
Papas Fish And Chips (whitby) Limited Competitor Analysis
Perform a competitor analysis for papas fish and chips (whitby) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in NG15 area or any other competitors across 12 key performance metrics.
papas fish and chips (whitby) limited Ownership
PAPAS FISH AND CHIPS (WHITBY) LIMITED group structure
Papas Fish And Chips (Whitby) Limited has no subsidiary companies.
Ultimate parent company
PAPAS FISH AND CHIPS (WHITBY) LIMITED
11103286
papas fish and chips (whitby) limited directors
Papas Fish And Chips (Whitby) Limited currently has 5 directors. The longest serving directors include Mr Andrew Papacaoullas (Dec 2018) and Mr George Papadamou (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Papacaoullas | England | 37 years | Dec 2018 | - | Director |
| Mr George Papadamou | England | 33 years | Dec 2018 | - | Director |
| Mr Costantino Papadamou | England | 34 years | Dec 2018 | - | Director |
| Mr Soteris Papacaoullas | United Kingdom | 61 years | Jul 2021 | - | Director |
| Mr Soteris Papacaoullas | England | 61 years | Jul 2021 | - | Director |
P&L
December 2022turnover
2.5m
+82%
operating profit
159k
0%
gross margin
32.6%
+6.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
291k
+0.5%
total assets
1.4m
+0.09%
cash
26.2k
-0.86%
net assets
Total assets minus all liabilities
Similar Companies
papas fish and chips (whitby) limited company details
company number
11103286
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
56103 - Take away food shops and mobile food stands
incorporation date
December 2017
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
59 nottingham, ravenshead, nottingham, notts, NG15 9HG
Bank
-
Legal Advisor
-
papas fish and chips (whitby) 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 found 1 charges/mortgages relating to papas fish and chips (whitby) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
papas fish and chips (whitby) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
