brothers 1 ltd
brothers 1 ltd Company Information
Company Number
13073616
Website
-Registered Address
109 coleman road, leicester, LE5 4LE
Industry
Unlicensed restaurants and cafes
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Abusufiyan Patel3 Years
Shareholders
faizal patel 25%
saleha patel 25%
View Allbrothers 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of BROTHERS 1 LTD at £807.3k based on a Turnover of £956.4k and 0.84x industry multiple (adjusted for size and gross margin).
brothers 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of BROTHERS 1 LTD at £0 based on an EBITDA of £-55k and a 4.63x industry multiple (adjusted for size and gross margin).
brothers 1 ltd Estimated Valuation
Pomanda estimates the enterprise value of BROTHERS 1 LTD at £0 based on Net Assets of £-418.5k and 3.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Brothers 1 Ltd Overview
Brothers 1 Ltd is a live company located in leicester, LE5 4LE with a Companies House number of 13073616. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in December 2020, it's largest shareholder is faizal patel with a 25% stake. Brothers 1 Ltd is a startup, small sized company, Pomanda has estimated its turnover at £956.4k with unknown growth in recent years.
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Brothers 1 Ltd Health Check
Pomanda's financial health check has awarded Brothers 1 Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £956.4k, make it larger than the average company (£633.6k)
- Brothers 1 Ltd
£633.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Brothers 1 Ltd
- - Industry AVG
Production
with a gross margin of 61.7%, this company has a comparable cost of product (61.7%)
- Brothers 1 Ltd
61.7% - Industry AVG
Profitability
an operating margin of -13.8% make it less profitable than the average company (1.1%)
- Brothers 1 Ltd
1.1% - Industry AVG
Employees
with 26 employees, this is similar to the industry average (28)
26 - Brothers 1 Ltd
28 - Industry AVG
Pay Structure
on an average salary of £11.5k, the company has an equivalent pay structure (£11.5k)
- Brothers 1 Ltd
£11.5k - Industry AVG
Efficiency
resulting in sales per employee of £36.8k, this is equally as efficient (£38.6k)
- Brothers 1 Ltd
£38.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Brothers 1 Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 175 days, this is slower than average (30 days)
- Brothers 1 Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (4 days)
- Brothers 1 Ltd
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (33 weeks)
10 weeks - Brothers 1 Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 193.4%, this is a higher level of debt than the average (74.2%)
193.4% - Brothers 1 Ltd
74.2% - Industry AVG
BROTHERS 1 LTD financials
Brothers 1 Ltd's latest turnover from December 2023 is estimated at £956.4 thousand and the company has net assets of -£418.5 thousand. According to their latest financial statements, Brothers 1 Ltd has 26 employees and maintains cash reserves of £54.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 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 | 26 | 32 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 312,027 | 371,714 | 294,625 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 15,000 | 15,000 | 15,000 |
| Total Fixed Assets | 327,027 | 386,714 | 309,625 |
| Stock & work in progress | 28,870 | 20,264 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 37,173 | 27,602 | 123,181 |
| Cash | 54,836 | 179,119 | 6,591 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 120,879 | 226,985 | 129,772 |
| total assets | 447,906 | 613,699 | 439,397 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 176,754 | 170,041 | 44,311 |
| Group/Directors Accounts | 15,888 | 5,986 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 73,005 | 77,462 | 5,757 |
| total current liabilities | 265,647 | 253,489 | 50,068 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 541,500 | 581,500 | 531,500 |
| provisions | 59,285 | 70,626 | 55,979 |
| total long term liabilities | 600,785 | 652,126 | 587,479 |
| total liabilities | 866,432 | 905,615 | 637,547 |
| net assets | -418,526 | -291,916 | -198,150 |
| total shareholders funds | -418,526 | -291,916 | -198,150 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 77,435 | 74,771 | 51,993 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 8,606 | 20,264 | 0 |
| Debtors | 9,571 | -95,579 | 138,181 |
| Creditors | 6,713 | 125,730 | 44,311 |
| Accruals and Deferred Income | -4,457 | 71,705 | 5,757 |
| Deferred Taxes & Provisions | -11,341 | 14,647 | 55,979 |
| 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 | 9,902 | 5,986 | 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 | -40,000 | 50,000 | 531,500 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -124,283 | 172,528 | 6,591 |
| overdraft | 0 | 0 | 0 |
| change in cash | -124,283 | 172,528 | 6,591 |
brothers 1 ltd Credit Report and Business Information
Brothers 1 Ltd Competitor Analysis
Perform a competitor analysis for brothers 1 ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in LE5 area or any other competitors across 12 key performance metrics.
brothers 1 ltd Ownership
BROTHERS 1 LTD group structure
Brothers 1 Ltd has no subsidiary companies.
Ultimate parent company
BROTHERS 1 LTD
13073616
brothers 1 ltd directors
Brothers 1 Ltd currently has 1 director, Mr Abusufiyan Patel serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abusufiyan Patel | England | 31 years | Dec 2020 | - | Director |
P&L
December 2023turnover
956.4k
-13%
operating profit
-132.5k
0%
gross margin
61.7%
-2.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-418.5k
+0.43%
total assets
447.9k
-0.27%
cash
54.8k
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
brothers 1 ltd company details
company number
13073616
Type
Private limited with Share Capital
industry
56102 - Unlicensed restaurants and cafes
incorporation date
December 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
109 coleman road, leicester, LE5 4LE
accountant
-
auditor
-
brothers 1 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 brothers 1 ltd.
brothers 1 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
