morgarten restaurants (lakeside) limited
morgarten restaurants (lakeside) limited Company Information
Group Structure
View All
Industry
Licensed restaurants
Registered Address
58 leman street, london, E1 8EU
Website
-morgarten restaurants (lakeside) limited Estimated Valuation
Pomanda estimates the enterprise value of MORGARTEN RESTAURANTS (LAKESIDE) LIMITED at £47.7k based on a Turnover of £72.8k and 0.65x industry multiple (adjusted for size and gross margin).
morgarten restaurants (lakeside) limited Estimated Valuation
Pomanda estimates the enterprise value of MORGARTEN RESTAURANTS (LAKESIDE) LIMITED at £0 based on an EBITDA of £-11.5k and a 4.23x industry multiple (adjusted for size and gross margin).
morgarten restaurants (lakeside) limited Estimated Valuation
Pomanda estimates the enterprise value of MORGARTEN RESTAURANTS (LAKESIDE) LIMITED at £0 based on Net Assets of £-32.8k and 2.72x industry multiple (adjusted for liquidity).
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Morgarten Restaurants (lakeside) Limited Overview
Morgarten Restaurants (lakeside) Limited is a live company located in london, E1 8EU with a Companies House number of 12181119. It operates in the licenced restaurants sector, SIC Code 56101. Founded in August 2019, it's largest shareholder is tp2 ltd with a 100% stake. Morgarten Restaurants (lakeside) Limited is a young, micro sized company, Pomanda has estimated its turnover at £72.8k with unknown growth in recent years.
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Morgarten Restaurants (lakeside) Limited Health Check
Pomanda's financial health check has awarded Morgarten Restaurants (Lakeside) Limited a 1.5 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
3 Regular
5 Weak
Size
annual sales of £72.8k, make it smaller than the average company (£677.6k)
- Morgarten Restaurants (lakeside) Limited
£677.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Morgarten Restaurants (lakeside) Limited
- - Industry AVG
Production
with a gross margin of 60%, this company has a comparable cost of product (60%)
- Morgarten Restaurants (lakeside) Limited
60% - Industry AVG
Profitability
an operating margin of -16.5% make it less profitable than the average company (-2.2%)
- Morgarten Restaurants (lakeside) Limited
-2.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (33)
2 - Morgarten Restaurants (lakeside) Limited
33 - Industry AVG
Pay Structure
on an average salary of £17.1k, the company has an equivalent pay structure (£17.1k)
- Morgarten Restaurants (lakeside) Limited
£17.1k - Industry AVG
Efficiency
resulting in sales per employee of £36.4k, this is equally as efficient (£32.6k)
- Morgarten Restaurants (lakeside) Limited
£32.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Morgarten Restaurants (lakeside) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 571 days, this is slower than average (62 days)
- Morgarten Restaurants (lakeside) Limited
62 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morgarten Restaurants (lakeside) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Morgarten Restaurants (lakeside) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142.9%, this is a higher level of debt than the average (88.3%)
142.9% - Morgarten Restaurants (lakeside) Limited
88.3% - Industry AVG
MORGARTEN RESTAURANTS (LAKESIDE) LIMITED financials
Morgarten Restaurants (Lakeside) Limited's latest turnover from August 2021 is estimated at £72.8 thousand and the company has net assets of -£32.8 thousand. According to their latest financial statements, Morgarten Restaurants (Lakeside) Limited has 2 employees and maintains cash reserves of £249 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2021 | Aug 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2021 | Aug 2020 | |
|---|---|---|
| Tangible Assets | 30,664 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 30,664 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 45,631 | 5,220 |
| Cash | 249 | 40,002 |
| misc current assets | 0 | 0 |
| total current assets | 45,880 | 45,222 |
| total assets | 76,544 | 45,222 |
| Bank overdraft | 0 | 0 |
| Bank loan | 10,000 | 833 |
| Trade Creditors | 45,572 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 13,801 | 13,029 |
| total current liabilities | 69,373 | 13,862 |
| loans | 40,000 | 49,167 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 40,000 | 49,167 |
| total liabilities | 109,373 | 63,029 |
| net assets | -32,829 | -17,807 |
| total shareholders funds | -32,829 | -17,807 |
| Aug 2021 | Aug 2020 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 535 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 40,411 | 5,220 |
| Creditors | 45,572 | 0 |
| Accruals and Deferred Income | 772 | 13,029 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 9,167 | 833 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -9,167 | 49,167 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -39,753 | 40,002 |
| overdraft | 0 | 0 |
| change in cash | -39,753 | 40,002 |
morgarten restaurants (lakeside) limited Credit Report and Business Information
Morgarten Restaurants (lakeside) Limited Competitor Analysis
Perform a competitor analysis for morgarten restaurants (lakeside) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
morgarten restaurants (lakeside) limited Ownership
MORGARTEN RESTAURANTS (LAKESIDE) LIMITED group structure
Morgarten Restaurants (Lakeside) Limited has no subsidiary companies.
morgarten restaurants (lakeside) limited directors
Morgarten Restaurants (Lakeside) Limited currently has 1 director, Mr Charles Samuels serving since Nov 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Samuels | United Kingdom | 63 years | Nov 2022 | - | Director |
P&L
August 2021turnover
72.8k
-20%
operating profit
-12k
0%
gross margin
60%
-2.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2021net assets
-32.8k
+0.84%
total assets
76.5k
+0.69%
cash
249
-0.99%
net assets
Total assets minus all liabilities
morgarten restaurants (lakeside) limited company details
company number
12181119
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
August 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2021
previous names
N/A
accountant
-
auditor
-
address
58 leman street, london, E1 8EU
Bank
-
Legal Advisor
-
morgarten restaurants (lakeside) 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 found 1 charges/mortgages relating to morgarten restaurants (lakeside) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
morgarten restaurants (lakeside) 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.
Click to start generating capital raising & share issue transactions for MORGARTEN RESTAURANTS (LAKESIDE) LIMITED. This can take several minutes, an email will notify you when this has completed.
morgarten restaurants (lakeside) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
