epic bars (maidstone) ltd
epic bars (maidstone) ltd Company Information
Company Number
13843684
Next Accounts
Dec 2025
Shareholders
nigel scott blair
mark russell shorting
View AllGroup Structure
View All
Industry
Public houses and bars
Registered Address
3 bath mews bath parade, cheltenham, gloucestershire, GL53 7HL
Website
-epic bars (maidstone) ltd Estimated Valuation
Pomanda estimates the enterprise value of EPIC BARS (MAIDSTONE) LTD at £902.6k based on a Turnover of £1.5m and 0.61x industry multiple (adjusted for size and gross margin).
epic bars (maidstone) ltd Estimated Valuation
Pomanda estimates the enterprise value of EPIC BARS (MAIDSTONE) LTD at £66.9k based on an EBITDA of £15.7k and a 4.26x industry multiple (adjusted for size and gross margin).
epic bars (maidstone) ltd Estimated Valuation
Pomanda estimates the enterprise value of EPIC BARS (MAIDSTONE) LTD at £0 based on Net Assets of £-68.4k and 1.93x industry multiple (adjusted for liquidity).
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Epic Bars (maidstone) Ltd Overview
Epic Bars (maidstone) Ltd is a live company located in gloucestershire, GL53 7HL with a Companies House number of 13843684. It operates in the public houses and bars sector, SIC Code 56302. Founded in January 2022, it's largest shareholder is nigel scott blair with a 45% stake. Epic Bars (maidstone) Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.5m with unknown growth in recent years.
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Epic Bars (maidstone) Ltd Health Check
Pomanda's financial health check has awarded Epic Bars (Maidstone) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.5m, make it larger than the average company (£539.8k)
- Epic Bars (maidstone) Ltd
£539.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Epic Bars (maidstone) Ltd
- - Industry AVG
Production
with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)
- Epic Bars (maidstone) Ltd
57.3% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (5.2%)
- Epic Bars (maidstone) Ltd
5.2% - Industry AVG
Employees
with 29 employees, this is above the industry average (13)
29 - Epic Bars (maidstone) Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15.8k, the company has an equivalent pay structure (£15.8k)
- Epic Bars (maidstone) Ltd
£15.8k - Industry AVG
Efficiency
resulting in sales per employee of £51.3k, this is equally as efficient (£51.7k)
- Epic Bars (maidstone) Ltd
£51.7k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is later than average (8 days)
- Epic Bars (maidstone) Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (43 days)
- Epic Bars (maidstone) Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (16 days)
- Epic Bars (maidstone) Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Epic Bars (maidstone) Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.4%, this is a higher level of debt than the average (76.6%)
109.4% - Epic Bars (maidstone) Ltd
76.6% - Industry AVG
EPIC BARS (MAIDSTONE) LTD financials
Epic Bars (Maidstone) Ltd's latest turnover from March 2024 is estimated at £1.5 million and the company has net assets of -£68.4 thousand. According to their latest financial statements, Epic Bars (Maidstone) Ltd has 29 employees and maintains cash reserves of £17.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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 | 29 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 520,631 | |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | 22,498 | |
| Total Fixed Assets | 543,129 | |
| Stock & work in progress | 16,286 | |
| Trade Debtors | 52,482 | |
| Group Debtors | ||
| Misc Debtors | 100,564 | |
| Cash | 17,220 | 100 |
| misc current assets | ||
| total current assets | 186,552 | 100 |
| total assets | 729,681 | 100 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 225,084 | |
| Group/Directors Accounts | 507,232 | |
| other short term finances | ||
| hp & lease commitments | 34,250 | |
| other current liabilities | 16,970 | |
| total current liabilities | 783,536 | |
| loans | ||
| hp & lease commitments | 14,590 | |
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | 14,590 | |
| total liabilities | 798,126 | |
| net assets | -68,445 | 100 |
| total shareholders funds | -68,445 | 100 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 84,696 | |
| Amortisation | ||
| Tax | ||
| Stock | 16,286 | |
| Debtors | 175,544 | |
| Creditors | 225,084 | |
| Accruals and Deferred Income | 16,970 | |
| 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 | 507,232 | |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | 48,840 | |
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 17,120 | 100 |
| overdraft | ||
| change in cash | 17,120 | 100 |
epic bars (maidstone) ltd Credit Report and Business Information
Epic Bars (maidstone) Ltd Competitor Analysis
Perform a competitor analysis for epic bars (maidstone) ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in GL53 area or any other competitors across 12 key performance metrics.
epic bars (maidstone) ltd Ownership
EPIC BARS (MAIDSTONE) LTD group structure
Epic Bars (Maidstone) Ltd has no subsidiary companies.
Ultimate parent company
EPIC BARS (MAIDSTONE) LTD
13843684
epic bars (maidstone) ltd directors
Epic Bars (Maidstone) Ltd currently has 3 directors. The longest serving directors include Mr James Elias (Jan 2022) and Mr Nigel Blair (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Elias | England | 49 years | Jan 2022 | - | Director |
| Mr Nigel Blair | United Kingdom | 52 years | Jan 2022 | - | Director |
| Mr Mark Shorting | 61 years | Jan 2022 | - | Director |
P&L
March 2024turnover
1.5m
0%
operating profit
-69k
0%
gross margin
57.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-68.4k
-685.45%
total assets
729.7k
+7295.81%
cash
17.2k
+171.2%
net assets
Total assets minus all liabilities
Similar Companies
epic bars (maidstone) ltd company details
company number
13843684
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
January 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
epic bars (nuneaton) ltd (May 2023)
accountant
SMITH HEATH LIMITED
auditor
-
address
3 bath mews bath parade, cheltenham, gloucestershire, GL53 7HL
Bank
-
Legal Advisor
-
epic bars (maidstone) 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 epic bars (maidstone) ltd.
epic bars (maidstone) 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.
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epic bars (maidstone) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
