arctic fish bar limited
arctic fish bar limited Company Information
Company Number
13211880
Website
-Registered Address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Industry
Take away food shops and mobile food stands
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael nicolaou 50%
dimitris nicolaou 50%
arctic fish bar limited Estimated Valuation
Pomanda estimates the enterprise value of ARCTIC FISH BAR LIMITED at £121.7k based on a Turnover of £217k and 0.56x industry multiple (adjusted for size and gross margin).
arctic fish bar limited Estimated Valuation
Pomanda estimates the enterprise value of ARCTIC FISH BAR LIMITED at £0 based on an EBITDA of £-28k and a 3.97x industry multiple (adjusted for size and gross margin).
arctic fish bar limited Estimated Valuation
Pomanda estimates the enterprise value of ARCTIC FISH BAR LIMITED at £0 based on Net Assets of £-3.7k and 2.38x industry multiple (adjusted for liquidity).
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Arctic Fish Bar Limited Overview
Arctic Fish Bar Limited is a live company located in coventry, CV5 6UB with a Companies House number of 13211880. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in February 2021, it's largest shareholder is michael nicolaou with a 50% stake. Arctic Fish Bar Limited is a startup, micro sized company, Pomanda has estimated its turnover at £217k with unknown growth in recent years.
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Arctic Fish Bar Limited Health Check
Pomanda's financial health check has awarded Arctic Fish Bar Limited a 1.5 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
1 Regular
5 Weak
Size
annual sales of £217k, make it larger than the average company (£149.1k)
- Arctic Fish Bar Limited
£149.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Arctic Fish Bar Limited
- - Industry AVG
Production
with a gross margin of 31.9%, this company has a higher cost of product (53.2%)
- Arctic Fish Bar Limited
53.2% - Industry AVG
Profitability
an operating margin of -12.9% make it less profitable than the average company (3.4%)
- Arctic Fish Bar Limited
3.4% - Industry AVG
Employees
with 10 employees, this is above the industry average (5)
10 - Arctic Fish Bar Limited
5 - Industry AVG
Pay Structure
on an average salary of £11.4k, the company has an equivalent pay structure (£11.4k)
- Arctic Fish Bar Limited
£11.4k - Industry AVG
Efficiency
resulting in sales per employee of £21.7k, this is less efficient (£38.2k)
- Arctic Fish Bar Limited
£38.2k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (19 days)
- Arctic Fish Bar Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (20 days)
- Arctic Fish Bar Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Arctic Fish Bar Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Arctic Fish Bar Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113%, this is a higher level of debt than the average (88.6%)
113% - Arctic Fish Bar Limited
88.6% - Industry AVG
ARCTIC FISH BAR LIMITED financials
Arctic Fish Bar Limited's latest turnover from March 2023 is estimated at £217 thousand and the company has net assets of -£3.7 thousand. According to their latest financial statements, Arctic Fish Bar Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Feb 2022 | |
|---|---|---|
| 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 | 10 | 10 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Feb 2022 | |
|---|---|---|
| Tangible Assets | 2,041 | 1,624 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 2,041 | 1,624 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 26,005 | 32,959 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 1,113 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 26,005 | 34,072 |
| total assets | 28,046 | 35,696 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 29,201 | 6,704 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 29,201 | 6,704 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 2,500 | 4,663 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 2,500 | 4,663 |
| total liabilities | 31,701 | 11,367 |
| net assets | -3,655 | 24,329 |
| total shareholders funds | -3,655 | 24,329 |
| Mar 2023 | Feb 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -8,067 | 34,072 |
| Creditors | 22,497 | 6,704 |
| Accruals and Deferred Income | -2,163 | 4,663 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| 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 | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
arctic fish bar limited Credit Report and Business Information
Arctic Fish Bar Limited Competitor Analysis
Perform a competitor analysis for arctic fish bar limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in CV5 area or any other competitors across 12 key performance metrics.
arctic fish bar limited Ownership
ARCTIC FISH BAR LIMITED group structure
Arctic Fish Bar Limited has no subsidiary companies.
Ultimate parent company
ARCTIC FISH BAR LIMITED
13211880
arctic fish bar limited directors
Arctic Fish Bar Limited currently has 2 directors. The longest serving directors include Mr Michael Nicolaou (Feb 2021) and Mr Dimitris Nicolaou (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Nicolaou | 59 years | Feb 2021 | - | Director | |
| Mr Dimitris Nicolaou | United Kingdom | 33 years | Jul 2023 | - | Director |
P&L
March 2023turnover
217k
+2%
operating profit
-28k
0%
gross margin
31.9%
-7.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.7k
-1.15%
total assets
28k
-0.21%
cash
0
0%
net assets
Total assets minus all liabilities
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arctic fish bar limited company details
company number
13211880
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
February 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
DOVEY ACCOUNTANCY SERVICES LTD
auditor
-
address
1110 elliott court, coventry business park, coventry, west midlands, CV5 6UB
Bank
-
Legal Advisor
-
arctic fish bar 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 arctic fish bar limited.
arctic fish bar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
