milltown taverns limited
milltown taverns limited Company Information
Company Number
NI030293
Next Accounts
80 days late
Shareholders
cliona murdock
shenna murdock
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
16 mount charles, belfast, BT7 1NZ
milltown taverns limited Estimated Valuation
Pomanda estimates the enterprise value of MILLTOWN TAVERNS LIMITED at £191.9k based on a Turnover of £93.5k and 2.05x industry multiple (adjusted for size and gross margin).
milltown taverns limited Estimated Valuation
Pomanda estimates the enterprise value of MILLTOWN TAVERNS LIMITED at £354.3k based on an EBITDA of £76.9k and a 4.61x industry multiple (adjusted for size and gross margin).
milltown taverns limited Estimated Valuation
Pomanda estimates the enterprise value of MILLTOWN TAVERNS LIMITED at £596.4k based on Net Assets of £334.7k and 1.78x industry multiple (adjusted for liquidity).
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Milltown Taverns Limited Overview
Milltown Taverns Limited is a live company located in belfast, BT7 1NZ with a Companies House number of NI030293. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 1995, it's largest shareholder is cliona murdock with a 33.3% stake. Milltown Taverns Limited is a mature, micro sized company, Pomanda has estimated its turnover at £93.5k with declining growth in recent years.
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Milltown Taverns Limited Health Check
Pomanda's financial health check has awarded Milltown Taverns Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £93.5k, make it smaller than the average company (£580.2k)
- Milltown Taverns Limited
£580.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (2.6%)
- Milltown Taverns Limited
2.6% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (71%)
- Milltown Taverns Limited
71% - Industry AVG
Profitability
an operating margin of 82.2% make it more profitable than the average company (21.9%)
- Milltown Taverns Limited
21.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Milltown Taverns Limited
5 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Milltown Taverns Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £46.8k, this is less efficient (£129k)
- Milltown Taverns Limited
£129k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Milltown Taverns Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 337 days, this is slower than average (36 days)
- Milltown Taverns Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milltown Taverns Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Milltown Taverns Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.6%, this is a higher level of debt than the average (60.3%)
84.6% - Milltown Taverns Limited
60.3% - Industry AVG
MILLTOWN TAVERNS LIMITED financials
Milltown Taverns Limited's latest turnover from March 2023 is estimated at £93.5 thousand and the company has net assets of £334.7 thousand. According to their latest financial statements, Milltown Taverns Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,171,218 | 2,171,218 | 2,171,218 | 1,811,044 | 2,048,217 | 2,095,000 | 2,358,000 | 2,358,000 | 2,358,000 | 2,358,000 | 2,578,090 | 2,578,440 | 2,765,190 | 2,769,788 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 2,171,218 | 2,171,218 | 2,171,218 | 1,811,044 | 2,048,217 | 2,095,000 | 2,358,000 | 2,358,000 | 2,358,000 | 2,358,000 | 2,578,090 | 2,578,440 | 2,765,190 | 2,769,788 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 71,122 | 71,001 | 17,790 | 39,366 | 77,772 | 117,401 | 60,226 | 21,684 | 22,945 | 23,283 | ||||
| Group Debtors | ||||||||||||||
| Misc Debtors | ||||||||||||||
| Cash | 9,407 | 10,108 | 14,880 | 13,263 | 14,385 | |||||||||
| misc current assets | ||||||||||||||
| total current assets | 71,122 | 71,001 | 17,790 | 39,366 | 77,772 | 117,401 | 69,633 | 10,108 | 14,880 | 34,947 | 37,330 | 23,283 | ||
| total assets | 2,171,218 | 2,171,218 | 2,242,340 | 1,882,045 | 2,066,007 | 2,134,366 | 2,435,772 | 2,475,401 | 2,427,633 | 2,368,108 | 2,592,970 | 2,613,387 | 2,802,520 | 2,793,071 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 64,748 | 70,855 | 514,821 | 117,742 | 89,033 | 96,408 | 103,375 | 111,771 | 86,832 | 91,409 | 104,690 | 153,887 | 330,615 | 312,409 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 54,000 | 58,382 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 360,846 | 313,750 | ||||||||||||
| total current liabilities | 425,594 | 384,605 | 514,821 | 117,742 | 89,033 | 96,408 | 103,375 | 111,771 | 86,832 | 145,409 | 163,072 | 153,887 | 330,615 | 312,409 |
| loans | 2,597,692 | 2,646,113 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 3,000 | 6,500 | 7,250 | 7,750 | ||||||||||
| other liabilities | 1,410,939 | 1,514,236 | 1,567,840 | 1,680,781 | 1,987,765 | 2,100,524 | 2,437,581 | 2,514,659 | 2,530,659 | 2,710,312 | 2,898,638 | 2,895,490 | ||
| provisions | ||||||||||||||
| total long term liabilities | 1,410,939 | 1,514,236 | 1,570,840 | 1,687,281 | 1,995,015 | 2,108,274 | 2,437,581 | 2,514,659 | 2,530,659 | 2,597,692 | 2,646,113 | 2,710,312 | 2,898,638 | 2,895,490 |
| total liabilities | 1,836,533 | 1,898,841 | 2,085,661 | 1,805,023 | 2,084,048 | 2,204,682 | 2,540,956 | 2,626,430 | 2,617,491 | 2,743,101 | 2,809,185 | 2,864,199 | 3,229,253 | 3,207,899 |
| net assets | 334,685 | 272,377 | 156,679 | 77,022 | -18,041 | -70,316 | -105,184 | -151,029 | -189,858 | -374,993 | -216,215 | -250,812 | -426,733 | -414,828 |
| total shareholders funds | 334,685 | 272,377 | 156,679 | 77,022 | -18,041 | -70,316 | -105,184 | -151,029 | -189,858 | -374,993 | -216,215 | -250,812 | -426,733 | -414,828 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 350 | 1,750 | 4,598 | 6,495 | ||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -71,122 | 121 | 53,211 | -21,576 | -38,406 | -39,629 | 57,175 | 60,226 | -21,684 | -1,261 | -338 | 23,283 | ||
| Creditors | -6,107 | -443,966 | 397,079 | 28,709 | -7,375 | -6,967 | -8,396 | 24,939 | 86,832 | -13,281 | -49,197 | -176,728 | 18,206 | 312,409 |
| Accruals and Deferred Income | 47,096 | 310,750 | -3,500 | -750 | -500 | 7,750 | ||||||||
| 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 | -4,382 | 58,382 | ||||||||||||
| Long term loans | -48,421 | 2,646,113 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -103,297 | -53,604 | -112,941 | -306,984 | -112,759 | -337,057 | -77,078 | -16,000 | 2,530,659 | -2,710,312 | -188,326 | 3,148 | 2,895,490 | |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -9,407 | 9,407 | -4,772 | 1,617 | -1,122 | 14,385 | ||||||||
| overdraft | ||||||||||||||
| change in cash | -9,407 | 9,407 | -4,772 | 1,617 | -1,122 | 14,385 |
milltown taverns limited Credit Report and Business Information
Milltown Taverns Limited Competitor Analysis
Perform a competitor analysis for milltown taverns limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BT7 area or any other competitors across 12 key performance metrics.
milltown taverns limited Ownership
MILLTOWN TAVERNS LIMITED group structure
Milltown Taverns Limited has no subsidiary companies.
Ultimate parent company
MILLTOWN TAVERNS LIMITED
NI030293
milltown taverns limited directors
Milltown Taverns Limited currently has 2 directors. The longest serving directors include Mr Noel Murdock (Dec 1995) and Mrs Mairead Murdock (Dec 1995).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Noel Murdock | Northern Ireland | 64 years | Dec 1995 | - | Director |
| Mrs Mairead Murdock | 54 years | Dec 1995 | - | Director |
P&L
March 2023turnover
93.5k
+1%
operating profit
76.9k
0%
gross margin
25.2%
+2.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
334.7k
+0.23%
total assets
2.2m
0%
cash
0
0%
net assets
Total assets minus all liabilities
milltown taverns limited company details
company number
NI030293
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
December 1995
age
30
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
16 mount charles, belfast, BT7 1NZ
Bank
BANK OF IRELAND
Legal Advisor
-
milltown 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 34 charges/mortgages relating to milltown taverns limited. Currently there are 27 open charges and 7 have been satisfied in the past.
milltown taverns limited 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 MILLTOWN TAVERNS LIMITED. This can take several minutes, an email will notify you when this has completed.
milltown taverns limited Companies House Filings - See Documents
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