babbar street ltd
babbar street ltd Company Information
Company Number
11452897
Next Accounts
Sep 2025
Shareholders
desmond whitehouse
mark downton
Group Structure
View All
Industry
Public houses and bars
Registered Address
tube service centre lowley road, pennygillam industrial estate, launceston, cornwall, PL15 7PY
Website
armadatube.combabbar street ltd Estimated Valuation
Pomanda estimates the enterprise value of BABBAR STREET LTD at £290.5k based on a Turnover of £573.5k and 0.51x industry multiple (adjusted for size and gross margin).
babbar street ltd Estimated Valuation
Pomanda estimates the enterprise value of BABBAR STREET LTD at £0 based on an EBITDA of £-27.3k and a 3.56x industry multiple (adjusted for size and gross margin).
babbar street ltd Estimated Valuation
Pomanda estimates the enterprise value of BABBAR STREET LTD at £0 based on Net Assets of £-22.7k and 1.93x industry multiple (adjusted for liquidity).
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Babbar Street Ltd Overview
Babbar Street Ltd is a live company located in launceston, PL15 7PY with a Companies House number of 11452897. It operates in the public houses and bars sector, SIC Code 56302. Founded in July 2018, it's largest shareholder is desmond whitehouse with a 50% stake. Babbar Street Ltd is a young, small sized company, Pomanda has estimated its turnover at £573.5k with healthy growth in recent years.
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Babbar Street Ltd Health Check
Pomanda's financial health check has awarded Babbar Street Ltd a 2 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
3 Regular
5 Weak
Size
annual sales of £573.5k, make it in line with the average company (£689.3k)
- Babbar Street Ltd
£689.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (11.9%)
- Babbar Street Ltd
11.9% - Industry AVG
Production
with a gross margin of 41.6%, this company has a higher cost of product (59%)
- Babbar Street Ltd
59% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (6.1%)
- Babbar Street Ltd
6.1% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (16)
15 - Babbar Street Ltd
16 - Industry AVG
Pay Structure
on an average salary of £15.9k, the company has an equivalent pay structure (£15.9k)
- Babbar Street Ltd
£15.9k - Industry AVG
Efficiency
resulting in sales per employee of £38.2k, this is less efficient (£52.6k)
- Babbar Street Ltd
£52.6k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (8 days)
- Babbar Street Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (50 days)
- Babbar Street Ltd
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Babbar Street Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Babbar Street Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.4%, this is a higher level of debt than the average (74.8%)
125.4% - Babbar Street Ltd
74.8% - Industry AVG
BABBAR STREET LTD financials
Babbar Street Ltd's latest turnover from December 2023 is estimated at £573.5 thousand and the company has net assets of -£22.7 thousand. According to their latest financial statements, Babbar Street Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 164,231 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | 9,302 | ||||
| Tax | |||||
| Profit After Tax | 9,302 | ||||
| Dividends Paid | |||||
| Retained Profit | 9,302 | ||||
| Employee Costs | 44,665 | ||||
| Number Of Employees | 15 | 10 | 9 | 12 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 12,304 | 10,622 | 14,622 | 4,475 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 12,304 | 10,622 | 14,622 | 4,475 | |
| Stock & work in progress | |||||
| Trade Debtors | 71,771 | 55,827 | 78,652 | 71,442 | 9,926 |
| Group Debtors | |||||
| Misc Debtors | 5,328 | 4,402 | 2,770 | 5,838 | |
| Cash | |||||
| misc current assets | |||||
| total current assets | 77,099 | 60,229 | 81,422 | 77,280 | 9,926 |
| total assets | 89,403 | 70,851 | 96,044 | 81,755 | 9,926 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 76,290 | 25,151 | 19,763 | 8,779 | 624 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 76,290 | 25,151 | 19,763 | 8,779 | 624 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | 6,043 | 6,019 | 4,452 | 3,053 | |
| other liabilities | 29,775 | 35,091 | 33,998 | 40,000 | |
| provisions | |||||
| total long term liabilities | 35,818 | 41,110 | 38,450 | 43,053 | |
| total liabilities | 112,108 | 66,261 | 58,213 | 51,832 | 624 |
| net assets | -22,705 | 4,590 | 37,831 | 29,923 | 9,302 |
| total shareholders funds | -22,705 | 4,590 | 37,831 | 29,923 | 9,302 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 16,870 | -21,193 | 4,142 | 67,354 | 9,926 |
| Creditors | 51,139 | 5,388 | 10,984 | 8,155 | 624 |
| Accruals and Deferred Income | 24 | 1,567 | 1,399 | 3,053 | |
| 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 | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -5,316 | 1,093 | -6,002 | 40,000 | |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
babbar street ltd Credit Report and Business Information
Babbar Street Ltd Competitor Analysis
Perform a competitor analysis for babbar street ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in PL15 area or any other competitors across 12 key performance metrics.
babbar street ltd Ownership
BABBAR STREET LTD group structure
Babbar Street Ltd has no subsidiary companies.
Ultimate parent company
BABBAR STREET LTD
11452897
babbar street ltd directors
Babbar Street Ltd currently has 2 directors. The longest serving directors include Mr Desmond Whitehouse (Jul 2018) and Mr Mark Downton (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Desmond Whitehouse | United Kingdom | 64 years | Jul 2018 | - | Director |
| Mr Mark Downton | United Kingdom | 64 years | Jul 2018 | - | Director |
P&L
December 2023turnover
573.5k
+60%
operating profit
-27.3k
0%
gross margin
41.7%
-1.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-22.7k
-5.95%
total assets
89.4k
+0.26%
cash
0
0%
net assets
Total assets minus all liabilities
babbar street ltd company details
company number
11452897
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
July 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
tube service centre lowley road, pennygillam industrial estate, launceston, cornwall, PL15 7PY
Bank
-
Legal Advisor
-
babbar 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 babbar street ltd.
babbar 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.
Click to start generating capital raising & share issue transactions for BABBAR STREET LTD. This can take several minutes, an email will notify you when this has completed.
babbar street ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
