quayside enterprises limited
quayside enterprises limited Company Information
Company Number
NI053896
Next Accounts
Nov 2024
Industry
Licensed restaurants
Shareholders
michael mcloughlin
catherine matthews
View AllGroup Structure
View All
Contact
Registered Address
first floor linenhall exchange, 26 linenhall street, belfast, antrim, BT2 8BG
Website
-quayside enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of QUAYSIDE ENTERPRISES LIMITED at £2.1m based on a Turnover of £3.7m and 0.58x industry multiple (adjusted for size and gross margin).
quayside enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of QUAYSIDE ENTERPRISES LIMITED at £372.2k based on an EBITDA of £82.4k and a 4.52x industry multiple (adjusted for size and gross margin).
quayside enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of QUAYSIDE ENTERPRISES LIMITED at £0 based on Net Assets of £-774.8k and 3.1x industry multiple (adjusted for liquidity).
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Quayside Enterprises Limited Overview
Quayside Enterprises Limited is a dissolved company that was located in belfast, BT2 8BG with a Companies House number of NI053896. It operated in the licenced restaurants sector, SIC Code 56101. Founded in February 2005, it's largest shareholder was michael mcloughlin with a 25% stake. The last turnover for Quayside Enterprises Limited was estimated at £3.7m.
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Quayside Enterprises Limited Health Check
Pomanda's financial health check has awarded Quayside Enterprises Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £3.7m, make it larger than the average company (£1.7m)
- Quayside Enterprises Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (3.3%)
- Quayside Enterprises Limited
3.3% - Industry AVG
Production
with a gross margin of 39%, this company has a higher cost of product (60.3%)
- Quayside Enterprises Limited
60.3% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (4.1%)
- Quayside Enterprises Limited
4.1% - Industry AVG
Employees
with 64 employees, this is below the industry average (145)
- Quayside Enterprises Limited
145 - Industry AVG
Pay Structure
on an average salary of £16.1k, the company has an equivalent pay structure (£16.1k)
- Quayside Enterprises Limited
£16.1k - Industry AVG
Efficiency
resulting in sales per employee of £57.5k, this is more efficient (£47.3k)
- Quayside Enterprises Limited
£47.3k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (5 days)
- Quayside Enterprises Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (50 days)
- Quayside Enterprises Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (14 days)
- Quayside Enterprises Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Quayside Enterprises Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 195%, this is a higher level of debt than the average (82.7%)
195% - Quayside Enterprises Limited
82.7% - Industry AVG
QUAYSIDE ENTERPRISES LIMITED financials
Quayside Enterprises Limited's latest turnover from February 2015 is estimated at £3.7 million and the company has net assets of -£774.8 thousand. According to their latest financial statements, we estimate that Quayside Enterprises Limited has 64 employees and maintains cash reserves of £14.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 568,848 | 637,406 | 750,105 | 881,546 | 1,034,357 | 1,168,912 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 568,848 | 637,406 | 750,105 | 881,546 | 1,034,357 | 1,168,912 |
| Stock & work in progress | 35,000 | 30,000 | 30,000 | 28,000 | 30,000 | 30,000 |
| Trade Debtors | 197,398 | 197,398 | 172,971 | 172,971 | 152,971 | 139,865 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 14,581 | 22,886 | 30,000 | 44,515 | 58,971 | 25,571 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 246,979 | 250,284 | 232,971 | 245,486 | 241,942 | 195,436 |
| total assets | 815,827 | 887,690 | 983,076 | 1,127,032 | 1,276,299 | 1,364,348 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 438,832 | 407,881 | 475,030 | 575,790 | 727,729 | 763,834 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 438,832 | 407,881 | 475,030 | 575,790 | 727,729 | 763,834 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,151,817 | 1,234,543 | 1,235,570 | 1,185,845 | 1,183,541 | 1,283,072 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,151,817 | 1,234,543 | 1,235,570 | 1,185,845 | 1,183,541 | 1,283,072 |
| total liabilities | 1,590,649 | 1,642,424 | 1,710,600 | 1,761,635 | 1,911,270 | 2,046,906 |
| net assets | -774,822 | -754,734 | -727,524 | -634,603 | -634,971 | -682,558 |
| total shareholders funds | -774,822 | -754,734 | -727,524 | -634,603 | -634,971 | -682,558 |
| Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 102,558 | 112,699 | 132,641 | 155,816 | 141,856 | 193,985 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 5,000 | 0 | 2,000 | -2,000 | 0 | 30,000 |
| Debtors | 0 | 24,427 | 0 | 20,000 | 13,106 | 139,865 |
| Creditors | 30,951 | -67,149 | -100,760 | -151,939 | -36,105 | 763,834 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -82,726 | -1,027 | 49,725 | 2,304 | -99,531 | 1,283,072 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -8,305 | -7,114 | -14,515 | -14,456 | 33,400 | 25,571 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,305 | -7,114 | -14,515 | -14,456 | 33,400 | 25,571 |
quayside enterprises limited Credit Report and Business Information
Quayside Enterprises Limited Competitor Analysis
Perform a competitor analysis for quayside enterprises limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in BT2 area or any other competitors across 12 key performance metrics.
quayside enterprises limited Ownership
QUAYSIDE ENTERPRISES LIMITED group structure
Quayside Enterprises Limited has no subsidiary companies.
Ultimate parent company
QUAYSIDE ENTERPRISES LIMITED
NI053896
quayside enterprises limited directors
Quayside Enterprises Limited currently has 3 directors. The longest serving directors include Mr Adrian Bradley (Feb 2005) and Mr Michael Mc Loughlin (Feb 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Bradley | Northern Ireland | 53 years | Feb 2005 | - | Director |
| Mr Michael Mc Loughlin | 61 years | Feb 2005 | - | Director | |
| Mr Kieran Bradley | 55 years | Feb 2005 | - | Director |
P&L
February 2015turnover
3.7m
+3%
operating profit
-20.2k
0%
gross margin
39.1%
+1.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2015net assets
-774.8k
+0.03%
total assets
815.8k
-0.08%
cash
14.6k
-0.36%
net assets
Total assets minus all liabilities
quayside enterprises limited company details
company number
NI053896
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
February 2005
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
February 2015
previous names
N/A
accountant
-
auditor
-
address
first floor linenhall exchange, 26 linenhall street, belfast, antrim, BT2 8BG
Bank
-
Legal Advisor
-
quayside enterprises 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 1 charges/mortgages relating to quayside enterprises limited. Currently there are 1 open charges and 0 have been satisfied in the past.
quayside enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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