rkt restaurant tamworth limited
rkt restaurant tamworth limited Company Information
Company Number
12896957
Next Accounts
Jun 2025
Industry
Licensed restaurants
Shareholders
rkt tamworth trading limited
Group Structure
View All
Contact
Registered Address
51 vittoria street, birmingham, B1 3NU
Website
-rkt restaurant tamworth limited Estimated Valuation
Pomanda estimates the enterprise value of RKT RESTAURANT TAMWORTH LIMITED at £506.9k based on a Turnover of £868.3k and 0.58x industry multiple (adjusted for size and gross margin).
rkt restaurant tamworth limited Estimated Valuation
Pomanda estimates the enterprise value of RKT RESTAURANT TAMWORTH LIMITED at £0 based on an EBITDA of £-49.4k and a 3.86x industry multiple (adjusted for size and gross margin).
rkt restaurant tamworth limited Estimated Valuation
Pomanda estimates the enterprise value of RKT RESTAURANT TAMWORTH LIMITED at £0 based on Net Assets of £-266.6k and 2.67x industry multiple (adjusted for liquidity).
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Rkt Restaurant Tamworth Limited Overview
Rkt Restaurant Tamworth Limited is a live company located in birmingham, B1 3NU with a Companies House number of 12896957. It operates in the licenced restaurants sector, SIC Code 56101. Founded in September 2020, it's largest shareholder is rkt tamworth trading limited with a 100% stake. Rkt Restaurant Tamworth Limited is a startup, small sized company, Pomanda has estimated its turnover at £868.3k with unknown growth in recent years.
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Rkt Restaurant Tamworth Limited Health Check
Pomanda's financial health check has awarded Rkt Restaurant Tamworth Limited a 1 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
1 Regular
7 Weak
Size
annual sales of £868.3k, make it smaller than the average company (£2.6m)
- Rkt Restaurant Tamworth Limited
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rkt Restaurant Tamworth Limited
- - Industry AVG
Production
with a gross margin of 33.9%, this company has a higher cost of product (56.3%)
- Rkt Restaurant Tamworth Limited
56.3% - Industry AVG
Profitability
an operating margin of -5.7% make it less profitable than the average company (2.2%)
- Rkt Restaurant Tamworth Limited
2.2% - Industry AVG
Employees
with 30 employees, this is below the industry average (47)
30 - Rkt Restaurant Tamworth Limited
47 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Rkt Restaurant Tamworth Limited
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £28.9k, this is less efficient (£52.7k)
- Rkt Restaurant Tamworth Limited
£52.7k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is later than average (5 days)
- Rkt Restaurant Tamworth Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 194 days, this is slower than average (47 days)
- Rkt Restaurant Tamworth Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rkt Restaurant Tamworth Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rkt Restaurant Tamworth Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 773.9%, this is a higher level of debt than the average (89.1%)
773.9% - Rkt Restaurant Tamworth Limited
89.1% - Industry AVG
RKT RESTAURANT TAMWORTH LIMITED financials
Rkt Restaurant Tamworth Limited's latest turnover from September 2023 is estimated at £868.3 thousand and the company has net assets of -£266.6 thousand. According to their latest financial statements, Rkt Restaurant Tamworth Limited has 30 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 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 | 30 | 20 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | 3,148 | 3,704 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 3,148 | 3,704 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 25,783 | 17,940 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 10,625 | 10,625 | 100 |
| Cash | 0 | 0 | 1 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 36,408 | 28,565 | 101 |
| total assets | 39,556 | 32,269 | 101 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 306,116 | 249,389 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 19,495 |
| total current liabilities | 306,116 | 249,389 | 19,495 |
| 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 | 306,116 | 249,389 | 19,495 |
| net assets | -266,560 | -217,120 | -19,394 |
| total shareholders funds | -266,560 | -217,120 | -19,394 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 7,843 | 28,465 | 100 |
| Creditors | 56,727 | 249,389 | 0 |
| Accruals and Deferred Income | 0 | -19,495 | 19,495 |
| 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 | 0 | -1 | 1 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | -1 | 1 |
rkt restaurant tamworth limited Credit Report and Business Information
Rkt Restaurant Tamworth Limited Competitor Analysis
Perform a competitor analysis for rkt restaurant tamworth limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in B 1 area or any other competitors across 12 key performance metrics.
rkt restaurant tamworth limited Ownership
RKT RESTAURANT TAMWORTH LIMITED group structure
Rkt Restaurant Tamworth Limited has no subsidiary companies.
Ultimate parent company
RKT RESTAURANT TAMWORTH LIMITED
12896957
rkt restaurant tamworth limited directors
Rkt Restaurant Tamworth Limited currently has 2 directors. The longest serving directors include Mr Robert Loraine (Sep 2020) and Mr Keil Jones (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Loraine | England | 29 years | Sep 2020 | - | Director |
| Mr Keil Jones | United Kingdom | 31 years | Sep 2020 | - | Director |
P&L
September 2023turnover
868.3k
+76%
operating profit
-49.4k
0%
gross margin
33.9%
+4.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-266.6k
+0.23%
total assets
39.6k
+0.23%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
rkt restaurant tamworth limited company details
company number
12896957
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
September 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
piri fino tamworth limited (October 2021)
accountant
TENETS ACCOUNTANTS LTD
auditor
-
address
51 vittoria street, birmingham, B1 3NU
Bank
-
Legal Advisor
-
rkt restaurant tamworth 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 rkt restaurant tamworth limited.
rkt restaurant tamworth 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.
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rkt restaurant tamworth limited Companies House Filings - See Documents
| date | description | view/download |
|---|
