topbright limited

4.5

topbright limited Company Information

Share TOPBRIGHT LIMITED
Live (In Liquidation)
YoungMid

Company Number

11893054

Website

-

Registered Address

c/o seneca ip limited, speedwell, old coach road, tansley, derbyshire, DE4 5FY

Industry

Licensed restaurants

 

Telephone

-

Next Accounts Due

531 days late

Group Structure

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Directors

Robert Hall5 Years

Shareholders

aspirational brands ltd 100%

topbright limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of TOPBRIGHT LIMITED at £5.3m based on a Turnover of £9.8m and 0.54x industry multiple (adjusted for size and gross margin).

topbright limited Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of TOPBRIGHT LIMITED at £4.8m based on an EBITDA of £1.1m and a 4.23x industry multiple (adjusted for size and gross margin).

topbright limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of TOPBRIGHT LIMITED at £3.4m based on Net Assets of £1.1m and 3.1x industry multiple (adjusted for liquidity).

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Topbright Limited Overview

Topbright Limited is a live company located in tansley, DE4 5FY with a Companies House number of 11893054. It operates in the licenced restaurants sector, SIC Code 56101. Founded in March 2019, it's largest shareholder is aspirational brands ltd with a 100% stake. Topbright Limited is a young, mid sized company, Pomanda has estimated its turnover at £9.8m with unknown growth in recent years.

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Topbright Limited Health Check

Pomanda's financial health check has awarded Topbright Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £9.8m, make it larger than the average company (£760.2k)

£9.8m - Topbright Limited

£760.2k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Topbright Limited

- - Industry AVG

production

Production

with a gross margin of 22.8%, this company has a higher cost of product (58.1%)

22.8% - Topbright Limited

58.1% - Industry AVG

profitability

Profitability

an operating margin of 6.9% make it more profitable than the average company (-3.4%)

6.9% - Topbright Limited

-3.4% - Industry AVG

employees

Employees

with 232 employees, this is above the industry average (36)

232 - Topbright Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £17k, the company has an equivalent pay structure (£17k)

£17k - Topbright Limited

£17k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £42.4k, this is more efficient (£31k)

£42.4k - Topbright Limited

£31k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (5 days)

65 days - Topbright Limited

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is close to average (59 days)

54 days - Topbright Limited

59 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Topbright Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Topbright Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.9%, this is a lower level of debt than the average (93.6%)

50.9% - Topbright Limited

93.6% - Industry AVG

TOPBRIGHT LIMITED financials

EXPORTms excel logo

Topbright Limited's latest turnover from August 2021 is estimated at £9.8 million and the company has net assets of £1.1 million. According to their latest financial statements, Topbright Limited has 232 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2021Aug 2020
Turnover9,836,0797,173,484
Other Income Or Grants00
Cost Of Sales7,591,7634,572,072
Gross Profit2,244,3172,601,412
Admin Expenses1,569,2751,928,847
Operating Profit675,042672,565
Interest Payable00
Interest Receivable1414
Pre-Tax Profit675,056672,579
Tax-128,261-127,790
Profit After Tax546,795544,789
Dividends Paid00
Retained Profit546,795544,789
Employee Costs3,934,5743,959,914
Number Of Employees232232
EBITDA*1,125,882766,165

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2021Aug 2020
Tangible Assets450,840530,400
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets450,840530,400
Stock & work in progress096,723
Trade Debtors1,771,720780,471
Group Debtors00
Misc Debtors00
Cash027,792
misc current assets00
total current assets1,771,720904,986
total assets2,222,5601,435,386
Bank overdraft00
Bank loan00
Trade Creditors 1,130,976890,596
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities1,130,976890,596
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities1,130,976890,596
net assets1,091,584544,790
total shareholders funds1,091,584544,790
Aug 2021Aug 2020
Operating Activities
Operating Profit675,042672,565
Depreciation450,84093,600
Amortisation00
Tax-128,261-127,790
Stock-96,72396,723
Debtors991,249780,471
Creditors240,380890,596
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations343,475651,777
Investing Activities
capital expenditure-371,280-624,000
Change in Investments00
cash flow from investments-371,280-624,000
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue-11
interest1414
cash flow from financing1315
cash and cash equivalents
cash-27,79227,792
overdraft00
change in cash-27,79227,792

topbright limited 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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Topbright Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for topbright limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in DE4 area or any other competitors across 12 key performance metrics.

topbright limited directors

Topbright Limited currently has 1 director, Mr Robert Hall serving since Oct 2019.

officercountryagestartendrole
Mr Robert HallEngland76 years Oct 2019- Director

P&L

August 2021

turnover

9.8m

+37%

operating profit

675k

0%

gross margin

22.9%

-37.08%

turnover

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

Balance Sheet

August 2021

net assets

1.1m

+1%

total assets

2.2m

+0.55%

cash

0

-1%

net assets

Total assets minus all liabilities

topbright limited company details

company number

11893054

Type

Private limited with Share Capital

industry

56101 - Licensed restaurants

incorporation date

March 2019

age

5

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

August 2021

previous names

N/A

accountant

-

auditor

-

address

c/o seneca ip limited, speedwell, old coach road, tansley, derbyshire, DE4 5FY

Bank

-

Legal Advisor

-

topbright 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 topbright limited.

charges

topbright limited Companies House Filings - See Documents

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