54 degrees bar ltd
54 degrees bar ltd Company Information
Company Number
12094864
Next Accounts
294 days late
Directors
Shareholders
shaun royden
rickie lambert
View AllGroup Structure
View All
Industry
Public houses and bars
Registered Address
c/o hq accountancy ltd, 3rd floo, granite building, liverpool, L1 6AF
Website
-54 degrees bar ltd Estimated Valuation
Pomanda estimates the enterprise value of 54 DEGREES BAR LTD at £138.7k based on a Turnover of £259.7k and 0.53x industry multiple (adjusted for size and gross margin).
54 degrees bar ltd Estimated Valuation
Pomanda estimates the enterprise value of 54 DEGREES BAR LTD at £123.9k based on an EBITDA of £35.5k and a 3.49x industry multiple (adjusted for size and gross margin).
54 degrees bar ltd Estimated Valuation
Pomanda estimates the enterprise value of 54 DEGREES BAR LTD at £0 based on Net Assets of £-10.6k and 2.17x industry multiple (adjusted for liquidity).
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54 Degrees Bar Ltd Overview
54 Degrees Bar Ltd is a live company located in liverpool, L1 6AF with a Companies House number of 12094864. It operates in the public houses and bars sector, SIC Code 56302. Founded in July 2019, it's largest shareholder is shaun royden with a 79% stake. 54 Degrees Bar Ltd is a young, micro sized company, Pomanda has estimated its turnover at £259.7k with unknown growth in recent years.
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54 Degrees Bar Ltd Health Check
Pomanda's financial health check has awarded 54 Degrees Bar Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £259.7k, make it smaller than the average company (£484k)
- 54 Degrees Bar Ltd
£484k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- 54 Degrees Bar Ltd
- - Industry AVG
Production
with a gross margin of 40.9%, this company has a higher cost of product (58.8%)
- 54 Degrees Bar Ltd
58.8% - Industry AVG
Profitability
an operating margin of 8.2% make it as profitable than the average company (7.6%)
- 54 Degrees Bar Ltd
7.6% - Industry AVG
Employees
with 9 employees, this is below the industry average (15)
9 - 54 Degrees Bar Ltd
15 - Industry AVG
Pay Structure
on an average salary of £14.5k, the company has an equivalent pay structure (£14.5k)
- 54 Degrees Bar Ltd
£14.5k - Industry AVG
Efficiency
resulting in sales per employee of £28.9k, this is less efficient (£39.3k)
- 54 Degrees Bar Ltd
£39.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 54 Degrees Bar Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 796 days, this is slower than average (66 days)
- 54 Degrees Bar Ltd
66 days - Industry AVG
Stock Days
it holds stock equivalent to 78 days, this is more than average (23 days)
- 54 Degrees Bar Ltd
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (21 weeks)
2 weeks - 54 Degrees Bar Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (75.1%)
103% - 54 Degrees Bar Ltd
75.1% - Industry AVG
54 DEGREES BAR LTD financials
54 Degrees Bar Ltd's latest turnover from July 2022 is estimated at £259.7 thousand and the company has net assets of -£10.6 thousand. According to their latest financial statements, 54 Degrees Bar Ltd has 9 employees and maintains cash reserves of £16.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|
| 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 | 9 | 9 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|
| Tangible Assets | 307,114 | 321,392 | 89,240 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 307,114 | 321,392 | 89,240 |
| Stock & work in progress | 33,200 | 24,275 | 0 |
| Trade Debtors | 0 | 0 | 25,216 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 16,837 | 13,692 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 50,037 | 37,967 | 25,216 |
| total assets | 357,151 | 359,359 | 114,456 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 334,752 | 333,572 | 23,450 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 334,752 | 333,572 | 23,450 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 369 | 3,690 | 3,690 |
| other liabilities | 32,626 | 50,000 | 50,000 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 32,995 | 53,690 | 53,690 |
| total liabilities | 367,747 | 387,262 | 77,140 |
| net assets | -10,596 | -27,903 | 37,316 |
| total shareholders funds | -10,596 | -27,903 | 37,316 |
| Jul 2022 | Jul 2021 | Jul 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 14,278 | ||
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 8,925 | 24,275 | 0 |
| Debtors | 0 | -25,216 | 25,216 |
| Creditors | 1,180 | 310,122 | 23,450 |
| Accruals and Deferred Income | -3,321 | 0 | 3,690 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | -17,374 | 0 | 50,000 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 3,145 | 13,692 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 3,145 | 13,692 | 0 |
54 degrees bar ltd Credit Report and Business Information
54 Degrees Bar Ltd Competitor Analysis
Perform a competitor analysis for 54 degrees bar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in L 1 area or any other competitors across 12 key performance metrics.
54 degrees bar ltd Ownership
54 DEGREES BAR LTD group structure
54 Degrees Bar Ltd has no subsidiary companies.
Ultimate parent company
54 DEGREES BAR LTD
12094864
54 degrees bar ltd directors
54 Degrees Bar Ltd currently has 1 director, Mr Shaun Royden serving since Jul 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaun Royden | United Kingdom | 37 years | Jul 2019 | - | Director |
P&L
July 2022turnover
259.7k
+39%
operating profit
21.2k
0%
gross margin
41%
+18.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
-10.6k
-0.62%
total assets
357.2k
-0.01%
cash
16.8k
+0.23%
net assets
Total assets minus all liabilities
54 degrees bar ltd company details
company number
12094864
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
July 2022
previous names
geisha leisure ltd (October 2019)
accountant
HQ ACCOUNTACY LTD
auditor
-
address
c/o hq accountancy ltd, 3rd floo, granite building, liverpool, L1 6AF
Bank
-
Legal Advisor
-
54 degrees bar 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 found 1 charges/mortgages relating to 54 degrees bar ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
54 degrees bar 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 54 DEGREES BAR LTD. This can take several minutes, an email will notify you when this has completed.
54 degrees bar ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
