nightcap limited
nightcap limited Company Information
Company Number
12899067
Next Accounts
Apr 2025
Industry
Public houses and bars
Shareholders
undisclosed
Group Structure
View All
Contact
Registered Address
119 wardour street, london, W1F 0UW
Website
nightcapplc.comnightcap limited Estimated Valuation
Pomanda estimates the enterprise value of NIGHTCAP LIMITED at £74.3m based on a Turnover of £46.4m and 1.6x industry multiple (adjusted for size and gross margin).
nightcap limited Estimated Valuation
Pomanda estimates the enterprise value of NIGHTCAP LIMITED at £43.4m based on an EBITDA of £4.1m and a 10.53x industry multiple (adjusted for size and gross margin).
nightcap limited Estimated Valuation
Pomanda estimates the enterprise value of NIGHTCAP LIMITED at £29.9m based on Net Assets of £13.8m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nightcap Limited Overview
Nightcap Limited is a live company located in london, W1F 0UW with a Companies House number of 12899067. It operates in the public houses and bars sector, SIC Code 56302. Founded in September 2020, it's largest shareholder is undisclosed with a 100% stake. Nightcap Limited is a young, large sized company, Pomanda has estimated its turnover at £46.4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Nightcap Limited Health Check
Pomanda's financial health check has awarded Nightcap Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £46.4m, make it larger than the average company (£542.1k)
£46.4m - Nightcap Limited
£542.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 107%, show it is growing at a faster rate (5%)
107% - Nightcap Limited
5% - Industry AVG
Production
with a gross margin of 80.6%, this company has a lower cost of product (58.9%)
80.6% - Nightcap Limited
58.9% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (6.4%)
-6.1% - Nightcap Limited
6.4% - Industry AVG
Employees
with 754 employees, this is above the industry average (15)
754 - Nightcap Limited
15 - Industry AVG
Pay Structure
on an average salary of £23.3k, the company has a higher pay structure (£15.5k)
£23.3k - Nightcap Limited
£15.5k - Industry AVG
Efficiency
resulting in sales per employee of £61.6k, this is more efficient (£47.9k)
£61.6k - Nightcap Limited
£47.9k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is near the average (9 days)
10 days - Nightcap Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 187 days, this is slower than average (54 days)
187 days - Nightcap Limited
54 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is more than average (17 days)
46 days - Nightcap Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (14 weeks)
15 weeks - Nightcap Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.8%, this is a similar level of debt than the average (76.6%)
81.8% - Nightcap Limited
76.6% - Industry AVG
NIGHTCAP LIMITED financials
Nightcap Limited's latest turnover from July 2023 is £46.4 million and the company has net assets of £13.8 million. According to their latest financial statements, Nightcap Limited has 754 employees and maintains cash reserves of £5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Turnover | 46,414,000 | 35,943,000 | 5,969,000 | 5,196,710 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 9,029,000 | 7,297,000 | 1,415,000 | 1,074,931 |
| Gross Profit | 37,385,000 | 28,646,000 | 4,554,000 | 4,121,779 |
| Admin Expenses | 40,197,000 | 27,239,000 | 9,443,000 | 4,400,817 |
| Operating Profit | -2,812,000 | 1,407,000 | -4,889,000 | -279,038 |
| Interest Payable | 2,412,000 | 1,169,000 | 407,000 | 337,263 |
| Interest Receivable | 361,000 | 0 | 0 | 0 |
| Pre-Tax Profit | -4,863,000 | 238,000 | -5,296,000 | -616,301 |
| Tax | 931,000 | 262,000 | 32,000 | -15,888 |
| Profit After Tax | -3,932,000 | 500,000 | -5,264,000 | -632,189 |
| Dividends Paid | 257,000 | 0 | 0 | 0 |
| Retained Profit | -4,426,000 | 114,000 | -5,373,000 | -632,189 |
| Employee Costs | 17,549,000 | 13,287,000 | 6,585,000 | 2,555,360 |
| Number Of Employees | 754 | 559 | 353 | 97 |
| EBITDA* | 4,125,000 | 6,030,000 | -3,580,000 | 200,617 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Tangible Assets | 52,881,000 | 36,270,000 | 17,266,000 | 7,188,358 |
| Intangible Assets | 19,115,000 | 14,355,000 | 9,657,000 | 7,318 |
| Investments & Other | 361,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 2,403,000 | 699,000 | 271,000 | 257,620 |
| Total Fixed Assets | 70,507,000 | 50,625,000 | 26,923,000 | 7,195,676 |
| Stock & work in progress | 1,154,000 | 554,000 | 329,000 | 139,726 |
| Trade Debtors | 1,277,000 | 981,000 | 191,000 | 59,873 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,989,000 | 1,024,000 | 614,000 | 414,564 |
| Cash | 5,018,000 | 5,353,000 | 13,188,000 | 264,488 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 9,438,000 | 7,912,000 | 14,322,000 | 878,651 |
| total assets | 79,945,000 | 58,537,000 | 41,245,000 | 8,074,327 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 1,000,000 | 800,000 | 0 | 0 |
| Trade Creditors | 4,628,000 | 2,841,000 | 2,741,000 | 737,379 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 1,459,000 | 1,230,725 |
| hp & lease commitments | 3,281,000 | 2,374,000 | 1,441,000 | 524,408 |
| other current liabilities | 8,352,000 | 5,047,000 | 5,888,000 | 490,112 |
| total current liabilities | 17,261,000 | 11,062,000 | 11,529,000 | 2,982,624 |
| loans | 90,562,000 | 59,954,000 | 31,436,000 | 10,382,508 |
| hp & lease commitments | 34,594,000 | 25,254,000 | 12,462,000 | 4,703,184 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 5,766,000 | 2,514,000 | 1,634,000 | 184,480 |
| total long term liabilities | 48,164,000 | 31,234,000 | 16,535,000 | 5,283,494 |
| total liabilities | 65,425,000 | 42,296,000 | 28,064,000 | 8,266,118 |
| net assets | 13,788,000 | 15,746,000 | 13,072,000 | -191,791 |
| total shareholders funds | 13,788,000 | 15,746,000 | 13,072,000 | -191,791 |
| Jul 2023 | Jul 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -2,812,000 | 1,407,000 | -4,889,000 | -279,038 |
| Depreciation | 6,310,000 | 4,074,000 | 1,258,000 | 478,078 |
| Amortisation | 627,000 | 549,000 | 51,000 | 1,577 |
| Tax | 931,000 | 262,000 | 32,000 | -15,888 |
| Stock | 600,000 | 225,000 | 189,274 | 139,726 |
| Debtors | 2,965,000 | 1,628,000 | 343,943 | 732,057 |
| Creditors | 1,787,000 | 100,000 | 2,003,621 | 737,379 |
| Accruals and Deferred Income | 3,305,000 | -841,000 | 5,397,888 | 490,112 |
| Deferred Taxes & Provisions | 3,252,000 | 880,000 | 1,449,520 | 184,480 |
| Cash flow from operations | 9,835,000 | 4,578,000 | 4,769,812 | 724,917 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 361,000 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 200,000 | 800,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -1,459,000 | 228,275 | 1,230,725 |
| Long term loans | 30,608,000 | 28,518,000 | 21,053,492 | 10,382,508 |
| Hire Purchase and Lease Commitments | 10,247,000 | 13,725,000 | 8,675,408 | 5,227,592 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -2,051,000 | -1,169,000 | -407,000 | -337,263 |
| cash flow from financing | 41,472,000 | 42,975,000 | 48,186,966 | 16,943,960 |
| cash and cash equivalents | ||||
| cash | -335,000 | -7,835,000 | 12,923,512 | 264,488 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -335,000 | -7,835,000 | 12,923,512 | 264,488 |
nightcap limited Credit Report and Business Information
Nightcap Limited Competitor Analysis
Perform a competitor analysis for nightcap limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in W1F area or any other competitors across 12 key performance metrics.
nightcap limited Ownership
NIGHTCAP LIMITED group structure
Nightcap Limited has 9 subsidiary companies.
Ultimate parent company
NIGHTCAP LIMITED
12899067
9 subsidiaries
nightcap limited directors
Nightcap Limited currently has 4 directors. The longest serving directors include Ms Sarah Willingham-Toxvaerd (Sep 2020) and Mr Michael Willingham-Toxvaerd (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sarah Willingham-Toxvaerd | United Kingdom | 51 years | Sep 2020 | - | Director |
| Mr Michael Willingham-Toxvaerd | United Kingdom | 50 years | Sep 2020 | - | Director |
| Mr Lance Moir | United Kingdom | 68 years | Jan 2021 | - | Director |
| Mr Gareth Edwards | England | 66 years | Jan 2021 | - | Director |
P&L
July 2023turnover
46.4m
+29%
operating profit
-2.8m
-300%
gross margin
80.6%
+1.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
13.8m
-0.12%
total assets
79.9m
+0.37%
cash
5m
-0.06%
net assets
Total assets minus all liabilities
Similar Companies
nightcap limited company details
company number
12899067
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
nightcap plc (July 2024)
accountant
-
auditor
PKF FRANCIS CLARK
address
119 wardour street, london, W1F 0UW
Bank
BARCLAYS BANK PLC
Legal Advisor
LOCKE LORD (UK) LLP
nightcap 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 3 charges/mortgages relating to nightcap limited. Currently there are 1 open charges and 2 have been satisfied in the past.
nightcap 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 NIGHTCAP LIMITED. This can take several minutes, an email will notify you when this has completed.
nightcap limited Companies House Filings - See Documents
| date | description | view/download |
|---|
