renwick macdonald bars ltd
renwick macdonald bars ltd Company Information
Company Number
11590954
Website
-Registered Address
holme bank holme road, matlock bath, matlock, DE4 3NU
Industry
Public houses and bars
Wholesale of wine, beer, spirits and other alcoholic beverages
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
martin renwick 50%
robbie macdonald 50%
renwick macdonald bars ltd Estimated Valuation
Pomanda estimates the enterprise value of RENWICK MACDONALD BARS LTD at £316.1k based on a Turnover of £853.8k and 0.37x industry multiple (adjusted for size and gross margin).
renwick macdonald bars ltd Estimated Valuation
Pomanda estimates the enterprise value of RENWICK MACDONALD BARS LTD at £14.2k based on an EBITDA of £4.2k and a 3.35x industry multiple (adjusted for size and gross margin).
renwick macdonald bars ltd Estimated Valuation
Pomanda estimates the enterprise value of RENWICK MACDONALD BARS LTD at £18k based on Net Assets of £8.5k and 2.11x industry multiple (adjusted for liquidity).
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Renwick Macdonald Bars Ltd Overview
Renwick Macdonald Bars Ltd is a live company located in matlock, DE4 3NU with a Companies House number of 11590954. It operates in the wholesale of wine, beer, spirits and other alcoholic beverages sector, SIC Code 46342. Founded in September 2018, it's largest shareholder is martin renwick with a 50% stake. Renwick Macdonald Bars Ltd is a young, small sized company, Pomanda has estimated its turnover at £853.8k with declining growth in recent years.
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Renwick Macdonald Bars Ltd Health Check
Pomanda's financial health check has awarded Renwick Macdonald Bars Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £853.8k, make it smaller than the average company (£13.1m)
- Renwick Macdonald Bars Ltd
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (3.9%)
- Renwick Macdonald Bars Ltd
3.9% - Industry AVG
Production
with a gross margin of 26.8%, this company has a higher cost of product (38.4%)
- Renwick Macdonald Bars Ltd
38.4% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.5%)
- Renwick Macdonald Bars Ltd
5.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (23)
15 - Renwick Macdonald Bars Ltd
23 - Industry AVG
Pay Structure
on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)
- Renwick Macdonald Bars Ltd
£32.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.9k, this is less efficient (£340.1k)
- Renwick Macdonald Bars Ltd
£340.1k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (27 days)
- Renwick Macdonald Bars Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (48 days)
- Renwick Macdonald Bars Ltd
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Renwick Macdonald Bars Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Renwick Macdonald Bars Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.1%, this is a higher level of debt than the average (73.6%)
92.1% - Renwick Macdonald Bars Ltd
73.6% - Industry AVG
RENWICK MACDONALD BARS LTD financials
Renwick Macdonald Bars Ltd's latest turnover from March 2023 is estimated at £853.8 thousand and the company has net assets of £8.5 thousand. According to their latest financial statements, Renwick Macdonald Bars Ltd has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 15 | 17 | 17 | 24 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 69,207 | 25,955 | 10,932 | 11,584 | 3,845 |
| 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 | 69,207 | 25,955 | 10,932 | 11,584 | 3,845 |
| Stock & work in progress | 0 | 1,200 | 1,800 | 3,000 | 0 |
| Trade Debtors | 39,460 | 0 | 0 | 452 | 31,262 |
| Group Debtors | 0 | 2,800 | 2,000 | 2,000 | 0 |
| Misc Debtors | 0 | 9,262 | 4,163 | 2,899 | 0 |
| Cash | 0 | 42,062 | 71,914 | 27,006 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,460 | 55,324 | 79,877 | 35,357 | 31,262 |
| total assets | 108,667 | 81,279 | 90,809 | 46,941 | 35,107 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 10,648 | 5,517 | 0 | 0 |
| Trade Creditors | 62,744 | 0 | 0 | 0 | 29,060 |
| Group/Directors Accounts | 0 | 14,493 | 17,793 | 17,795 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 12,384 | 3,157 | 10,536 | 0 |
| total current liabilities | 62,744 | 37,525 | 26,467 | 28,331 | 29,060 |
| loans | 0 | 33,835 | 44,483 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 37,386 | 0 | 0 | 0 | 0 |
| provisions | 0 | 3,695 | 1,760 | 0 | 0 |
| total long term liabilities | 37,386 | 37,530 | 46,243 | 0 | 0 |
| total liabilities | 100,130 | 75,055 | 72,710 | 28,331 | 29,060 |
| net assets | 8,537 | 6,224 | 18,099 | 18,610 | 6,047 |
| total shareholders funds | 8,537 | 6,224 | 18,099 | 18,610 | 6,047 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 3,202 | 2,213 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | -1,200 | -600 | -1,200 | 3,000 | 0 |
| Debtors | 27,398 | 5,899 | 812 | -25,911 | 31,262 |
| Creditors | 62,744 | 0 | 0 | -29,060 | 29,060 |
| Accruals and Deferred Income | -12,384 | 9,227 | -7,379 | 10,536 | 0 |
| Deferred Taxes & Provisions | -3,695 | 1,935 | 1,760 | 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 | -10,648 | 5,131 | 5,517 | 0 | 0 |
| Group/Directors Accounts | -14,493 | -3,300 | -2 | 17,795 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -33,835 | -10,648 | 44,483 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 37,386 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -42,062 | -29,852 | 44,908 | 27,006 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -42,062 | -29,852 | 44,908 | 27,006 | 0 |
renwick macdonald bars ltd Credit Report and Business Information
Renwick Macdonald Bars Ltd Competitor Analysis
Perform a competitor analysis for renwick macdonald bars ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in DE4 area or any other competitors across 12 key performance metrics.
renwick macdonald bars ltd Ownership
RENWICK MACDONALD BARS LTD group structure
Renwick Macdonald Bars Ltd has no subsidiary companies.
Ultimate parent company
RENWICK MACDONALD BARS LTD
11590954
renwick macdonald bars ltd directors
Renwick Macdonald Bars Ltd currently has 2 directors. The longest serving directors include Mr Martin Renwick (Sep 2018) and Mr Robbie MacDonald (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Renwick | United Kingdom | 37 years | Sep 2018 | - | Director |
| Mr Robbie MacDonald | United Kingdom | 37 years | Sep 2018 | - | Director |
P&L
March 2023turnover
853.8k
-19%
operating profit
4.2k
0%
gross margin
26.9%
+11.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
8.5k
+0.37%
total assets
108.7k
+0.34%
cash
0
-1%
net assets
Total assets minus all liabilities
renwick macdonald bars ltd company details
company number
11590954
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
incorporation date
September 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
holme bank holme road, matlock bath, matlock, DE4 3NU
accountant
-
auditor
-
renwick macdonald 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 renwick macdonald bars ltd.
renwick macdonald bars ltd Companies House Filings - See Documents
| date | description | view/download |
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