patiala eatery ltd

patiala eatery ltd Company Information

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Company Number

11674957

Industry

Unlicensed restaurants and cafes

 

Directors

Salim Khan

Shareholders

salim khan

Group Structure

View All

Contact

Registered Address

1260 pershore road, stirchley, birmingham, B30 2XU

Website

-

patiala eatery ltd Estimated Valuation

£78.3k

Pomanda estimates the enterprise value of PATIALA EATERY LTD at £78.3k based on a Turnover of £135.3k and 0.58x industry multiple (adjusted for size and gross margin).

patiala eatery ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PATIALA EATERY LTD at £0 based on an EBITDA of £-21.1k and a 3.93x industry multiple (adjusted for size and gross margin).

patiala eatery ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of PATIALA EATERY LTD at £0 based on Net Assets of £-73.1k and 2.77x industry multiple (adjusted for liquidity).

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Patiala Eatery Ltd Overview

Patiala Eatery Ltd is a live company located in birmingham, B30 2XU with a Companies House number of 11674957. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in November 2018, it's largest shareholder is salim khan with a 100% stake. Patiala Eatery Ltd is a young, micro sized company, Pomanda has estimated its turnover at £135.3k with declining growth in recent years.

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Patiala Eatery Ltd Health Check

Pomanda's financial health check has awarded Patiala Eatery 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £135.3k, make it smaller than the average company (£345k)

£135.3k - Patiala Eatery Ltd

£345k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (12.1%)

-14% - Patiala Eatery Ltd

12.1% - Industry AVG

production

Production

with a gross margin of 37.8%, this company has a higher cost of product (61.6%)

37.8% - Patiala Eatery Ltd

61.6% - Industry AVG

profitability

Profitability

an operating margin of -15.6% make it less profitable than the average company (0.3%)

-15.6% - Patiala Eatery Ltd

0.3% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (13)

5 - Patiala Eatery Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)

£11.4k - Patiala Eatery Ltd

£11.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.1k, this is less efficient (£38k)

£27.1k - Patiala Eatery Ltd

£38k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (6 days)

28 days - Patiala Eatery Ltd

6 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 227 days, this is slower than average (31 days)

227 days - Patiala Eatery Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Patiala Eatery Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Patiala Eatery Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 350.2%, this is a higher level of debt than the average (76.5%)

350.2% - Patiala Eatery Ltd

76.5% - Industry AVG

PATIALA EATERY LTD financials

EXPORTms excel logo

Patiala Eatery Ltd's latest turnover from November 2023 is estimated at £135.3 thousand and the company has net assets of -£73.1 thousand. According to their latest financial statements, Patiala Eatery Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019
Turnover135,331136,553122,398211,783145,434
Other Income Or Grants00000
Cost Of Sales84,18978,47776,491126,39584,960
Gross Profit51,14258,07645,90785,38860,474
Admin Expenses72,26098,10172,15966,60961,435
Operating Profit-21,118-40,025-26,25218,779-961
Interest Payable00000
Interest Receivable00000
Pre-Tax Profit-21,118-40,025-26,25218,779-961
Tax000-3,5680
Profit After Tax-21,118-40,025-26,25215,211-961
Dividends Paid00000
Retained Profit-21,118-40,025-26,25215,211-961
Employee Costs57,20568,63165,93967,91064,216
Number Of Employees56666
EBITDA*-21,118-40,025-26,25218,779-961

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019
Tangible Assets18,57523,17529,30837,4855,586
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets18,57523,17529,30837,4855,586
Stock & work in progress00000
Trade Debtors10,66011,69719,32340,29910,280
Group Debtors00000
Misc Debtors00000
Cash00000
misc current assets00000
total current assets10,66011,69719,32340,29910,280
total assets29,23534,87248,63177,78415,866
Bank overdraft00000
Bank loan00000
Trade Creditors 52,55535,76118,67716,6033,082
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities52,55535,76118,67716,6033,082
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities49,82551,13841,95646,93113,745
provisions00000
total long term liabilities49,82551,13841,95646,93113,745
total liabilities102,38086,89960,63363,53416,827
net assets-73,145-52,027-12,00214,250-961
total shareholders funds-73,145-52,027-12,00214,250-961
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019
Operating Activities
Operating Profit-21,118-40,025-26,25218,779-961
Depreciation00000
Amortisation00000
Tax000-3,5680
Stock00000
Debtors-1,037-7,626-20,97630,01910,280
Creditors16,79417,0842,07413,5213,082
Accruals and Deferred Income00000
Deferred Taxes & Provisions00000
Cash flow from operations-3,287-15,315-3,202-1,287-8,159
Investing Activities
capital expenditure4,6006,1338,177-31,899-5,586
Change in Investments00000
cash flow from investments4,6006,1338,177-31,899-5,586
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities-1,3139,182-4,97533,18613,745
share issue00000
interest00000
cash flow from financing-1,3139,182-4,97533,18613,745
cash and cash equivalents
cash00000
overdraft00000
change in cash00000

patiala eatery ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Patiala Eatery Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for patiala eatery ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B30 area or any other competitors across 12 key performance metrics.

patiala eatery ltd Ownership

PATIALA EATERY LTD group structure

Patiala Eatery Ltd has no subsidiary companies.

Ultimate parent company

PATIALA EATERY LTD

11674957

PATIALA EATERY LTD Shareholders

salim khan 100%

patiala eatery ltd directors

Patiala Eatery Ltd currently has 1 director, Mr Salim Khan serving since Nov 2018.

officercountryagestartendrole
Mr Salim KhanUnited Kingdom59 years Nov 2018- Director

P&L

November 2023

turnover

135.3k

-1%

operating profit

-21.1k

0%

gross margin

37.8%

-11.14%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

-73.1k

+0.41%

total assets

29.2k

-0.16%

cash

0

0%

net assets

Total assets minus all liabilities

patiala eatery ltd company details

company number

11674957

Type

Private limited with Share Capital

industry

56102 - Unlicensed restaurants and cafes

incorporation date

November 2018

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

1260 pershore road, stirchley, birmingham, B30 2XU

Bank

-

Legal Advisor

-

patiala eatery 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 patiala eatery ltd.

patiala eatery 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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patiala eatery ltd Companies House Filings - See Documents

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