balgar bars ltd Company Information
Company Number
12642422
Website
-Registered Address
20-22 wenlock road, london, N1 7GU
Industry
Public houses and bars
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Craig McLaughlin2 Years
Shareholders
stacey gillies 100%
balgar bars ltd Estimated Valuation
Pomanda estimates the enterprise value of BALGAR BARS LTD at £530.8k based on a Turnover of £900.3k and 0.59x industry multiple (adjusted for size and gross margin).
balgar bars ltd Estimated Valuation
Pomanda estimates the enterprise value of BALGAR BARS LTD at £12.4k based on an EBITDA of £2.9k and a 4.3x industry multiple (adjusted for size and gross margin).
balgar bars ltd Estimated Valuation
Pomanda estimates the enterprise value of BALGAR BARS LTD at £28.9k based on Net Assets of £15.6k and 1.85x industry multiple (adjusted for liquidity).
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Balgar Bars Ltd Overview
Balgar Bars Ltd is a live company located in london, N1 7GU with a Companies House number of 12642422. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2020, it's largest shareholder is stacey gillies with a 100% stake. Balgar Bars Ltd is a startup, small sized company, Pomanda has estimated its turnover at £900.3k with unknown growth in recent years.
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Balgar Bars Ltd Health Check
Pomanda's financial health check has awarded Balgar Bars Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £900.3k, make it larger than the average company (£462.5k)
- Balgar Bars Ltd
£462.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Balgar Bars Ltd
- - Industry AVG
Production
with a gross margin of 55.5%, this company has a comparable cost of product (55.5%)
- Balgar Bars Ltd
55.5% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (6.3%)
- Balgar Bars Ltd
6.3% - Industry AVG
Employees
with 27 employees, this is above the industry average (11)
27 - Balgar Bars Ltd
11 - Industry AVG
Pay Structure
on an average salary of £14.9k, the company has an equivalent pay structure (£14.9k)
- Balgar Bars Ltd
£14.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.3k, this is less efficient (£47k)
- Balgar Bars Ltd
£47k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Balgar Bars Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (49 days)
- Balgar Bars Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (15 days)
- Balgar Bars Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (15 weeks)
55 weeks - Balgar Bars Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a similar level of debt than the average (82.7%)
81.6% - Balgar Bars Ltd
82.7% - Industry AVG
BALGAR BARS LTD financials
Balgar Bars Ltd's latest turnover from June 2023 is estimated at £900.3 thousand and the company has net assets of £15.6 thousand. According to their latest financial statements, Balgar Bars Ltd has 27 employees and maintains cash reserves of £74.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | |
---|---|---|---|
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 | 27 | 24 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | |
---|---|---|---|
Tangible Assets | 1,600 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 |
Total Fixed Assets | 1,600 | 0 | 0 |
Stock & work in progress | 3,882 | 3,550 | 0 |
Trade Debtors | 0 | 0 | 100 |
Group Debtors | 0 | 0 | 0 |
Misc Debtors | 5,055 | 42,561 | 0 |
Cash | 74,204 | 34,493 | 0 |
misc current assets | 0 | 0 | 0 |
total current assets | 83,141 | 80,604 | 100 |
total assets | 84,741 | 80,604 | 100 |
Bank overdraft | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 |
Trade Creditors | 5,920 | 6,140 | 0 |
Group/Directors Accounts | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
other current liabilities | 63,242 | 62,686 | 0 |
total current liabilities | 69,162 | 68,826 | 0 |
loans | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 |
provisions | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 |
total liabilities | 69,162 | 68,826 | 0 |
net assets | 15,579 | 11,778 | 100 |
total shareholders funds | 15,579 | 11,778 | 100 |
Jun 2023 | Jun 2022 | Jun 2021 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | 545 | 0 | 0 |
Amortisation | 0 | 0 | 0 |
Tax | |||
Stock | 332 | 3,550 | 0 |
Debtors | -37,506 | 42,461 | 100 |
Creditors | -220 | 6,140 | 0 |
Accruals and Deferred Income | 556 | 62,686 | 0 |
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 | 0 | 0 | 0 |
share issue | |||
interest | |||
cash flow from financing | |||
cash and cash equivalents | |||
cash | 39,711 | 34,493 | 0 |
overdraft | 0 | 0 | 0 |
change in cash | 39,711 | 34,493 | 0 |
balgar bars ltd Credit Report and Business Information
Balgar Bars Ltd Competitor Analysis
Perform a competitor analysis for balgar bars ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
balgar bars ltd Ownership
BALGAR BARS LTD group structure
Balgar Bars Ltd has no subsidiary companies.
Ultimate parent company
BALGAR BARS LTD
12642422
balgar bars ltd directors
Balgar Bars Ltd currently has 1 director, Mr Craig McLaughlin serving since Dec 2021.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Craig McLaughlin | England | 53 years | Dec 2021 | - | Director |
P&L
June 2023turnover
900.3k
+52%
operating profit
2.4k
0%
gross margin
55.5%
-6.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
15.6k
+0.32%
total assets
84.7k
+0.05%
cash
74.2k
+1.15%
net assets
Total assets minus all liabilities
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balgar bars ltd company details
company number
12642422
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
20-22 wenlock road, london, N1 7GU
accountant
LOMOND ACCOUNTANTS LTD
auditor
-
balgar bars 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 balgar bars ltd.
balgar bars ltd Companies House Filings - See Documents
date | description | view/download |
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