the harbourside refuge ltd
the harbourside refuge ltd Company Information
Company Number
12657943
Website
-Registered Address
2 topsham units, dart business park, exeter, devon, EX3 0QH
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Michael Caines4 Years
Shareholders
michael caines 100%
the harbourside refuge ltd Estimated Valuation
Pomanda estimates the enterprise value of THE HARBOURSIDE REFUGE LTD at £424.2k based on a Turnover of £674.9k and 0.63x industry multiple (adjusted for size and gross margin).
the harbourside refuge ltd Estimated Valuation
Pomanda estimates the enterprise value of THE HARBOURSIDE REFUGE LTD at £0 based on an EBITDA of £-150.9k and a 4.73x industry multiple (adjusted for size and gross margin).
the harbourside refuge ltd Estimated Valuation
Pomanda estimates the enterprise value of THE HARBOURSIDE REFUGE LTD at £0 based on Net Assets of £-332.5k and 3.06x industry multiple (adjusted for liquidity).
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The Harbourside Refuge Ltd Overview
The Harbourside Refuge Ltd is a live company located in exeter, EX3 0QH with a Companies House number of 12657943. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2020, it's largest shareholder is michael caines with a 100% stake. The Harbourside Refuge Ltd is a startup, small sized company, Pomanda has estimated its turnover at £674.9k with unknown growth in recent years.
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The Harbourside Refuge Ltd Health Check
Pomanda's financial health check has awarded The Harbourside Refuge Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £674.9k, make it smaller than the average company (£2.1m)
- The Harbourside Refuge Ltd
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Harbourside Refuge Ltd
- - Industry AVG
Production
with a gross margin of 53.9%, this company has a comparable cost of product (53.9%)
- The Harbourside Refuge Ltd
53.9% - Industry AVG
Profitability
an operating margin of -25.5% make it less profitable than the average company (5%)
- The Harbourside Refuge Ltd
5% - Industry AVG
Employees
with 22 employees, this is below the industry average (42)
22 - The Harbourside Refuge Ltd
42 - Industry AVG
Pay Structure
on an average salary of £19k, the company has an equivalent pay structure (£19k)
- The Harbourside Refuge Ltd
£19k - Industry AVG
Efficiency
resulting in sales per employee of £30.7k, this is less efficient (£50.2k)
- The Harbourside Refuge Ltd
£50.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
- The Harbourside Refuge Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (54 days)
- The Harbourside Refuge Ltd
54 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Harbourside Refuge Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Harbourside Refuge Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 667.7%, this is a higher level of debt than the average (84.2%)
667.7% - The Harbourside Refuge Ltd
84.2% - Industry AVG
THE HARBOURSIDE REFUGE LTD financials
The Harbourside Refuge Ltd's latest turnover from December 2022 is estimated at £674.9 thousand and the company has net assets of -£332.5 thousand. According to their latest financial statements, The Harbourside Refuge Ltd has 22 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 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 | 22 | 25 | 23 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | 42,213 | 62,461 | 74,506 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 42,213 | 62,461 | 74,506 |
| Stock & work in progress | 0 | 9,519 | 9,992 |
| Trade Debtors | 996 | 2,891 | 561 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 15,352 | 28,305 | 21,582 |
| Cash | 0 | 13,479 | 26,408 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 16,348 | 54,194 | 58,543 |
| total assets | 58,561 | 116,655 | 133,049 |
| Bank overdraft | 17,293 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 22,146 | 58,489 | 60,939 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 3,625 | 3,171 | 3,625 |
| other current liabilities | 339,930 | 199,156 | 74,164 |
| total current liabilities | 382,994 | 260,816 | 138,728 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 3,475 | 6,193 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 100,812 |
| provisions | 8,020 | 11,794 | 14,901 |
| total long term liabilities | 8,020 | 15,269 | 121,906 |
| total liabilities | 391,014 | 276,085 | 260,634 |
| net assets | -332,453 | -159,430 | -127,585 |
| total shareholders funds | -332,453 | -159,430 | -127,585 |
| Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 21,518 | 24,951 | 7,887 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | -9,519 | -473 | 9,992 |
| Debtors | -14,848 | 9,053 | 22,143 |
| Creditors | -36,343 | -2,450 | 60,939 |
| Accruals and Deferred Income | 140,774 | 124,992 | 74,164 |
| Deferred Taxes & Provisions | -3,774 | -3,107 | 14,901 |
| 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 | -3,021 | -3,172 | 9,818 |
| other long term liabilities | 0 | -100,812 | 100,812 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -13,479 | -12,929 | 26,408 |
| overdraft | 17,293 | 0 | 0 |
| change in cash | -30,772 | -12,929 | 26,408 |
the harbourside refuge ltd Credit Report and Business Information
The Harbourside Refuge Ltd Competitor Analysis
Perform a competitor analysis for the harbourside refuge ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EX3 area or any other competitors across 12 key performance metrics.
the harbourside refuge ltd Ownership
THE HARBOURSIDE REFUGE LTD group structure
The Harbourside Refuge Ltd has no subsidiary companies.
Ultimate parent company
THE HARBOURSIDE REFUGE LTD
12657943
the harbourside refuge ltd directors
The Harbourside Refuge Ltd currently has 1 director, Mr Michael Caines serving since Jun 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Caines | United Kingdom | 55 years | Jun 2020 | - | Director |
P&L
December 2022turnover
674.9k
+30%
operating profit
-172.4k
0%
gross margin
54%
-2.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-332.5k
+1.09%
total assets
58.6k
-0.5%
cash
0
-1%
net assets
Total assets minus all liabilities
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the harbourside refuge ltd company details
company number
12657943
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
2 topsham units, dart business park, exeter, devon, EX3 0QH
accountant
KIRK HILLS CHARTERED ACCOUNTANTS
auditor
-
the harbourside refuge 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 the harbourside refuge ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
the harbourside refuge ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
