ceg taverns limited
ceg taverns limited Company Information
Company Number
11624956
Next Accounts
Jul 2025
Industry
Public houses and bars
Shareholders
richard garbet
roy ernest colman
View AllGroup Structure
View All
Contact
Registered Address
unit 2a penn street, wolverhampton, WV3 0JJ
Website
-ceg taverns limited Estimated Valuation
Pomanda estimates the enterprise value of CEG TAVERNS LIMITED at £336.9k based on a Turnover of £505k and 0.67x industry multiple (adjusted for size and gross margin).
ceg taverns limited Estimated Valuation
Pomanda estimates the enterprise value of CEG TAVERNS LIMITED at £51.4k based on an EBITDA of £11.6k and a 4.41x industry multiple (adjusted for size and gross margin).
ceg taverns limited Estimated Valuation
Pomanda estimates the enterprise value of CEG TAVERNS LIMITED at £265.3k based on Net Assets of £121.8k and 2.18x industry multiple (adjusted for liquidity).
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Ceg Taverns Limited Overview
Ceg Taverns Limited is a live company located in wolverhampton, WV3 0JJ with a Companies House number of 11624956. It operates in the public houses and bars sector, SIC Code 56302. Founded in October 2018, it's largest shareholder is richard garbet with a 33.3% stake. Ceg Taverns Limited is a young, small sized company, Pomanda has estimated its turnover at £505k with declining growth in recent years.
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Ceg Taverns Limited Health Check
Pomanda's financial health check has awarded Ceg Taverns Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
5 Weak
Size
annual sales of £505k, make it in line with the average company (£537.2k)
- Ceg Taverns Limited
£537.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.9%)
- Ceg Taverns Limited
7.9% - Industry AVG
Production
with a gross margin of 59%, this company has a comparable cost of product (59%)
- Ceg Taverns Limited
59% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (5.5%)
- Ceg Taverns Limited
5.5% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (12)
14 - Ceg Taverns Limited
12 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
- Ceg Taverns Limited
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £36.1k, this is less efficient (£48.7k)
- Ceg Taverns Limited
£48.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ceg Taverns Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is quicker than average (48 days)
- Ceg Taverns Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (17 days)
- Ceg Taverns Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Ceg Taverns Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.5%, this is a similar level of debt than the average (76.4%)
70.5% - Ceg Taverns Limited
76.4% - Industry AVG
CEG TAVERNS LIMITED financials
Ceg Taverns Limited's latest turnover from October 2023 is estimated at £505 thousand and the company has net assets of £121.8 thousand. According to their latest financial statements, Ceg Taverns Limited has 14 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 14 | 16 | 21 | 24 | 25 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 398,257 | 415,749 | 433,331 | 449,566 | 461,560 |
| 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 | 398,257 | 415,749 | 433,331 | 449,566 | 461,560 |
| Stock & work in progress | 6,562 | 7,141 | 8,353 | 9,346 | 16,303 |
| Trade Debtors | 0 | 0 | 0 | 2,000 | 2,867 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,669 | 7,308 | 16,922 | 16,319 | 2,483 |
| Cash | 1,341 | 2,768 | 6,400 | 47,190 | 1,988 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,572 | 17,217 | 31,675 | 74,855 | 23,641 |
| total assets | 412,829 | 432,966 | 465,006 | 524,421 | 485,201 |
| Bank overdraft | 10,648 | 10,648 | 10,648 | 50,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,717 | 10,744 | 40,866 | 33,361 | 19,638 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 106,070 | 105,666 | 54,007 | 47,958 | 32,821 |
| total current liabilities | 141,435 | 127,058 | 105,521 | 131,319 | 52,459 |
| loans | 149,282 | 159,221 | 136,115 | 100,693 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 300 | 0 | 3,505 | 3,115 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 156,813 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 149,582 | 159,221 | 139,620 | 103,808 | 156,813 |
| total liabilities | 291,017 | 286,279 | 245,141 | 235,127 | 209,272 |
| net assets | 121,812 | 146,687 | 219,865 | 289,294 | 275,929 |
| total shareholders funds | 121,812 | 146,687 | 219,865 | 289,294 | 275,929 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 18,570 | 18,453 | 18,306 | 17,124 | 16,811 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -579 | -1,212 | -993 | -6,957 | 16,303 |
| Debtors | -639 | -9,614 | -1,397 | 12,969 | 5,350 |
| Creditors | 13,973 | -30,122 | 7,505 | 13,723 | 19,638 |
| Accruals and Deferred Income | 704 | 48,154 | 6,439 | 18,252 | 32,821 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,939 | 23,106 | 35,422 | 100,693 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -156,813 | 156,813 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -1,427 | -3,632 | -40,790 | 45,202 | 1,988 |
| overdraft | 0 | 0 | -39,352 | 50,000 | 0 |
| change in cash | -1,427 | -3,632 | -1,438 | -4,798 | 1,988 |
ceg taverns limited Credit Report and Business Information
Ceg Taverns Limited Competitor Analysis
Perform a competitor analysis for ceg taverns limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WV3 area or any other competitors across 12 key performance metrics.
ceg taverns limited Ownership
CEG TAVERNS LIMITED group structure
Ceg Taverns Limited has no subsidiary companies.
Ultimate parent company
CEG TAVERNS LIMITED
11624956
ceg taverns limited directors
Ceg Taverns Limited currently has 3 directors. The longest serving directors include Mr Duncan Evans (Oct 2018) and Mr Roy Colman (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Evans | England | 39 years | Oct 2018 | - | Director |
| Mr Roy Colman | 63 years | May 2020 | - | Director | |
| Mr Richard Garbett | 75 years | May 2020 | - | Director |
P&L
October 2023turnover
505k
+3%
operating profit
-6.9k
0%
gross margin
59%
-0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
121.8k
-0.17%
total assets
412.8k
-0.05%
cash
1.3k
-0.52%
net assets
Total assets minus all liabilities
ceg taverns limited company details
company number
11624956
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
PORTFOLIO ACCOUNTANTS LTD
auditor
-
address
unit 2a penn street, wolverhampton, WV3 0JJ
Bank
-
Legal Advisor
-
ceg taverns 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 did not find charges/mortgages relating to ceg taverns limited.
ceg taverns limited 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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ceg taverns limited Companies House Filings - See Documents
| date | description | view/download |
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