redcat taverns limited
redcat taverns limited Company Information
Company Number
13131642
Website
-Registered Address
5th floor 83-85 baker street, london, W1U 6AG
Industry
Public houses and bars
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
redcat debt company limited 100%
redcat taverns limited Estimated Valuation
Pomanda estimates the enterprise value of REDCAT TAVERNS LIMITED at £1.7m based on a Turnover of £2.9m and 0.58x industry multiple (adjusted for size and gross margin).
redcat taverns limited Estimated Valuation
Pomanda estimates the enterprise value of REDCAT TAVERNS LIMITED at £0 based on an EBITDA of £-264.4k and a 4.42x industry multiple (adjusted for size and gross margin).
redcat taverns limited Estimated Valuation
Pomanda estimates the enterprise value of REDCAT TAVERNS LIMITED at £2.5m based on Net Assets of £1.4m and 1.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Redcat Taverns Limited Overview
Redcat Taverns Limited is a live company located in london, W1U 6AG with a Companies House number of 13131642. It operates in the public houses and bars sector, SIC Code 56302. Founded in January 2021, it's largest shareholder is redcat debt company limited with a 100% stake. Redcat Taverns Limited is a startup, small sized company, Pomanda has estimated its turnover at £2.9m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Redcat Taverns Limited Health Check
Pomanda's financial health check has awarded Redcat Taverns Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.9m, make it larger than the average company (£435.8k)
£2.9m - Redcat Taverns Limited
£435.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Redcat Taverns Limited
- - Industry AVG
Production
with a gross margin of 52.5%, this company has a comparable cost of product (55.5%)
52.5% - Redcat Taverns Limited
55.5% - Industry AVG
Profitability
an operating margin of -41.4% make it less profitable than the average company (4.8%)
-41.4% - Redcat Taverns Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Redcat Taverns Limited
10 - Industry AVG
Pay Structure
on an average salary of £65.2k, the company has a higher pay structure (£14.5k)
£65.2k - Redcat Taverns Limited
£14.5k - Industry AVG
Efficiency
resulting in sales per employee of £2.9m, this is more efficient (£46k)
£2.9m - Redcat Taverns Limited
£46k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (10 days)
35 days - Redcat Taverns Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (49 days)
100 days - Redcat Taverns Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Redcat Taverns Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Redcat Taverns Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.2%, this is a similar level of debt than the average (83.3%)
90.2% - Redcat Taverns Limited
83.3% - Industry AVG
REDCAT TAVERNS LIMITED financials
Redcat Taverns Limited's latest turnover from April 2023 is £2.9 million and the company has net assets of £1.4 million. According to their latest financial statements, Redcat Taverns Limited has 1 employee and maintains cash reserves of £103.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | |
|---|---|---|
| Turnover | 2,883,136 | 1,874,216 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 1,369,960 | 1,085,601 |
| Gross Profit | 1,513,176 | 788,615 |
| Admin Expenses | 2,707,124 | 2,038,838 |
| Operating Profit | -1,193,948 | -1,250,223 |
| Interest Payable | 0 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -1,279,515 | -1,250,223 |
| Tax | 188,296 | -8,000 |
| Profit After Tax | -1,091,219 | -1,258,223 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -1,091,219 | -1,258,223 |
| Employee Costs | 65,233 | 11,238 |
| Number Of Employees | 1 | 1 |
| EBITDA* | -264,429 | -979,222 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | |
|---|---|---|
| Tangible Assets | 12,767,802 | 7,729,263 |
| Intangible Assets | 1,022,352 | 1,821,538 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 13,790,154 | 9,550,801 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 279,050 | 148,146 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 46,133 | 8,229 |
| Cash | 103,552 | 1,793,630 |
| misc current assets | 0 | 0 |
| total current assets | 428,735 | 1,950,005 |
| total assets | 14,218,889 | 11,500,806 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 377,212 | 258,193 |
| Group/Directors Accounts | 11,169,976 | 11,733,798 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 213,909 | 758,938 |
| total current liabilities | 11,761,097 | 12,750,929 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 1,066,562 | 8,000 |
| total long term liabilities | 1,066,562 | 8,000 |
| total liabilities | 12,827,659 | 12,758,929 |
| net assets | 1,391,230 | -1,258,123 |
| total shareholders funds | 1,391,230 | -1,258,123 |
| Apr 2023 | Apr 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -1,193,948 | -1,250,223 |
| Depreciation | 130,333 | 103,722 |
| Amortisation | 799,186 | 167,279 |
| Tax | 188,296 | -8,000 |
| Stock | 0 | 0 |
| Debtors | 168,808 | 156,375 |
| Creditors | 119,019 | 258,193 |
| Accruals and Deferred Income | -545,029 | 758,938 |
| Deferred Taxes & Provisions | 1,058,562 | 8,000 |
| Cash flow from operations | 387,611 | -118,466 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -563,822 | 11,733,798 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | 0 | 0 |
| cash flow from financing | 3,176,750 | 11,733,898 |
| cash and cash equivalents | ||
| cash | -1,690,078 | 1,793,630 |
| overdraft | 0 | 0 |
| change in cash | -1,690,078 | 1,793,630 |
redcat taverns limited Credit Report and Business Information
Redcat Taverns Limited Competitor Analysis
Perform a competitor analysis for redcat taverns limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W1U area or any other competitors across 12 key performance metrics.
redcat taverns limited Ownership
REDCAT TAVERNS LIMITED group structure
Redcat Taverns Limited has no subsidiary companies.
Ultimate parent company
OCM LUX MONARCH SARL
#0138814
2 parents
REDCAT TAVERNS LIMITED
13131642
redcat taverns limited directors
Redcat Taverns Limited currently has 2 directors. The longest serving directors include Mr Michael Rothwell (Mar 2023) and Mr Richard Lewis (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Rothwell | Scotland | 56 years | Mar 2023 | - | Director |
| Mr Richard Lewis | United Kingdom | 54 years | May 2024 | - | Director |
P&L
April 2023turnover
2.9m
+54%
operating profit
-1.2m
-5%
gross margin
52.5%
+24.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.4m
-2.11%
total assets
14.2m
+0.24%
cash
103.6k
-0.94%
net assets
Total assets minus all liabilities
Similar Companies
redcat taverns limited company details
company number
13131642
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
January 2021
age
3
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
5th floor 83-85 baker street, london, W1U 6AG
Bank
-
Legal Advisor
-
redcat taverns 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 redcat taverns limited. Currently there are 2 open charges and 1 have been satisfied in the past.
redcat taverns limited Companies House Filings - See Documents
| date | description | view/download |
|---|
