united restaurant kt1 ltd
united restaurant kt1 ltd Company Information
Company Number
13418173
Next Accounts
71 days late
Shareholders
jrc capital ltd
pz capital limited
View AllGroup Structure
View All
Industry
Licensed restaurants
+1Registered Address
29-30 frith street, third floor, london, W1D 5LG
Website
-united restaurant kt1 ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITED RESTAURANT KT1 LTD at £1.3m based on a Turnover of £812.7k and 1.55x industry multiple (adjusted for size and gross margin).
united restaurant kt1 ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITED RESTAURANT KT1 LTD at £0 based on an EBITDA of £-26.4k and a 4.23x industry multiple (adjusted for size and gross margin).
united restaurant kt1 ltd Estimated Valuation
Pomanda estimates the enterprise value of UNITED RESTAURANT KT1 LTD at £15.5k based on Net Assets of £6.9k and 2.24x industry multiple (adjusted for liquidity).
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United Restaurant Kt1 Ltd Overview
United Restaurant Kt1 Ltd is a live company located in london, W1D 5LG with a Companies House number of 13418173. It operates in the licenced restaurants sector, SIC Code 56101. Founded in May 2021, it's largest shareholder is jrc capital ltd with a 41.7% stake. United Restaurant Kt1 Ltd is a startup, small sized company, Pomanda has estimated its turnover at £812.7k with unknown growth in recent years.
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United Restaurant Kt1 Ltd Health Check
Pomanda's financial health check has awarded United Restaurant Kt1 Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £812.7k, make it smaller than the average company (£1.2m)
- United Restaurant Kt1 Ltd
£1.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- United Restaurant Kt1 Ltd
- - Industry AVG
Production
with a gross margin of 34.7%, this company has a higher cost of product (66.6%)
- United Restaurant Kt1 Ltd
66.6% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (20.4%)
- United Restaurant Kt1 Ltd
20.4% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (21)
20 - United Restaurant Kt1 Ltd
21 - Industry AVG
Pay Structure
on an average salary of £24.9k, the company has an equivalent pay structure (£24.9k)
- United Restaurant Kt1 Ltd
£24.9k - Industry AVG
Efficiency
resulting in sales per employee of £40.6k, this is less efficient (£110.6k)
- United Restaurant Kt1 Ltd
£110.6k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (19 days)
- United Restaurant Kt1 Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (42 days)
- United Restaurant Kt1 Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- United Restaurant Kt1 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - United Restaurant Kt1 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (72.3%)
98.1% - United Restaurant Kt1 Ltd
72.3% - Industry AVG
UNITED RESTAURANT KT1 LTD financials
United Restaurant Kt1 Ltd's latest turnover from March 2023 is estimated at £812.7 thousand and the company has net assets of £6.9 thousand. According to their latest financial statements, United Restaurant Kt1 Ltd has 20 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 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 | 20 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 272,957 | 60,693 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 272,957 | 60,693 |
| Stock & work in progress | ||
| Trade Debtors | 86,533 | 55,904 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 86,533 | 55,904 |
| total assets | 359,490 | 116,597 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 81,889 | 1,131 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 81,889 | 1,131 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | 15,205 | 34,630 |
| other liabilities | 255,500 | 47,500 |
| provisions | ||
| total long term liabilities | 270,705 | 82,130 |
| total liabilities | 352,594 | 83,261 |
| net assets | 6,896 | 33,336 |
| total shareholders funds | 6,896 | 33,336 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 30,629 | 55,904 |
| Creditors | 80,758 | 1,131 |
| Accruals and Deferred Income | -19,425 | 34,630 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | 208,000 | 47,500 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
united restaurant kt1 ltd Credit Report and Business Information
United Restaurant Kt1 Ltd Competitor Analysis
Perform a competitor analysis for united restaurant kt1 ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W1D area or any other competitors across 12 key performance metrics.
united restaurant kt1 ltd Ownership
UNITED RESTAURANT KT1 LTD group structure
United Restaurant Kt1 Ltd has no subsidiary companies.
united restaurant kt1 ltd directors
United Restaurant Kt1 Ltd currently has 2 directors. The longest serving directors include Zoe-Elva Zhao (May 2021) and Mr John Woo (Feb 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Zoe-Elva Zhao | England | 25 years | May 2021 | - | Director |
| Mr John Woo | 57 years | Feb 2024 | - | Director |
P&L
March 2023turnover
812.7k
+218%
operating profit
-26.4k
0%
gross margin
34.7%
+3.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.9k
-0.79%
total assets
359.5k
+2.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
united restaurant kt1 ltd company details
company number
13418173
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
TM ACCOUNTANCY & TAXATION LTD
auditor
-
address
29-30 frith street, third floor, london, W1D 5LG
Bank
-
Legal Advisor
-
united restaurant kt1 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 united restaurant kt1 ltd.
united restaurant kt1 ltd 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 UNITED RESTAURANT KT1 LTD. This can take several minutes, an email will notify you when this has completed.
united restaurant kt1 ltd Companies House Filings - See Documents
| date | description | view/download |
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