rafters bar limited Company Information
Company Number
NI635315
Next Accounts
Feb 2025
Shareholders
irish inns ltd
Group Structure
View All
Industry
Licensed restaurants
Registered Address
35 templemore business park, northland road, derry, BT48 0LD
Website
-rafters bar limited Estimated Valuation
Pomanda estimates the enterprise value of RAFTERS BAR LIMITED at £919.7k based on a Turnover of £1.5m and 0.6x industry multiple (adjusted for size and gross margin).
rafters bar limited Estimated Valuation
Pomanda estimates the enterprise value of RAFTERS BAR LIMITED at £0 based on an EBITDA of £-145.2k and a 3.79x industry multiple (adjusted for size and gross margin).
rafters bar limited Estimated Valuation
Pomanda estimates the enterprise value of RAFTERS BAR LIMITED at £0 based on Net Assets of £-145.1k and 2.64x industry multiple (adjusted for liquidity).
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Rafters Bar Limited Overview
Rafters Bar Limited is a dissolved company that was located in derry, BT48 0LD with a Companies House number of NI635315. It operated in the licenced restaurants sector, SIC Code 56101. Founded in December 2015, it's largest shareholder was irish inns ltd with a 100% stake. The last turnover for Rafters Bar Limited was estimated at £1.5m.
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Rafters Bar Limited Health Check
Pomanda's financial health check has awarded Rafters Bar Limited a 2.5 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 £1.5m, make it larger than the average company (£876.3k)
- Rafters Bar Limited
£876.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Rafters Bar Limited
- - Industry AVG
Production
with a gross margin of 41.3%, this company has a higher cost of product (62.9%)
- Rafters Bar Limited
62.9% - Industry AVG
Profitability
an operating margin of -9.5% make it less profitable than the average company (3.5%)
- Rafters Bar Limited
3.5% - Industry AVG
Employees
with 26 employees, this is below the industry average (57)
- Rafters Bar Limited
57 - Industry AVG
Pay Structure
on an average salary of £17k, the company has an equivalent pay structure (£17k)
- Rafters Bar Limited
£17k - Industry AVG
Efficiency
resulting in sales per employee of £59k, this is more efficient (£46.3k)
- Rafters Bar Limited
£46.3k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is later than average (5 days)
- Rafters Bar Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 179 days, this is slower than average (49 days)
- Rafters Bar Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rafters Bar Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Rafters Bar Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 148.9%, this is a higher level of debt than the average (84.5%)
148.9% - Rafters Bar Limited
84.5% - Industry AVG
RAFTERS BAR LIMITED financials
Rafters Bar Limited's latest turnover from June 2017 is estimated at £1.5 million and the company has net assets of -£145.1 thousand. According to their latest financial statements, we estimate that Rafters Bar Limited has 26 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2017 | Jun 2016 | |
---|---|---|
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
Jun 2017 | Jun 2016 | |
---|---|---|
Tangible Assets | 182,115 | 0 |
Intangible Assets | 0 | 0 |
Investments & Other | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 |
Total Fixed Assets | 182,115 | 0 |
Stock & work in progress | 0 | 0 |
Trade Debtors | 72,993 | 10 |
Group Debtors | 0 | 0 |
Misc Debtors | 0 | 0 |
Cash | 0 | 0 |
misc current assets | 41,837 | 0 |
total current assets | 114,830 | 10 |
total assets | 296,945 | 10 |
Bank overdraft | 0 | 0 |
Bank loan | 0 | 0 |
Trade Creditors | 442,091 | 0 |
Group/Directors Accounts | 0 | 0 |
other short term finances | 0 | 0 |
hp & lease commitments | 0 | 0 |
other current liabilities | 0 | 0 |
total current liabilities | 442,091 | 0 |
loans | 0 | 0 |
hp & lease commitments | 0 | 0 |
Accruals and Deferred Income | 0 | 0 |
other liabilities | 0 | 0 |
provisions | 0 | 0 |
total long term liabilities | 0 | 0 |
total liabilities | 442,091 | 0 |
net assets | -145,146 | 10 |
total shareholders funds | -145,146 | 10 |
Jun 2017 | Jun 2016 | |
---|---|---|
Operating Activities | ||
Operating Profit | ||
Depreciation | ||
Amortisation | ||
Tax | ||
Stock | 0 | 0 |
Debtors | 72,983 | 10 |
Creditors | 442,091 | 0 |
Accruals and Deferred Income | 0 | 0 |
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 |
rafters bar limited Credit Report and Business Information
Rafters Bar Limited Competitor Analysis
Perform a competitor analysis for rafters bar limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in BT48 area or any other competitors across 12 key performance metrics.
rafters bar limited Ownership
RAFTERS BAR LIMITED group structure
Rafters Bar Limited has no subsidiary companies.
Ultimate parent company
2 parents
RAFTERS BAR LIMITED
NI635315
rafters bar limited directors
Rafters Bar Limited currently has 2 directors. The longest serving directors include Mr Brendan Duddy (Dec 2015) and Mr Lawrence Duddy (May 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Brendan Duddy | 61 years | Dec 2015 | - | Director | |
Mr Lawrence Duddy | 63 years | May 2016 | - | Director |
P&L
June 2017turnover
1.5m
+505889%
operating profit
-145.2k
0%
gross margin
41.3%
+5.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2017net assets
-145.1k
-14515.6%
total assets
296.9k
+29693.5%
cash
0
0%
net assets
Total assets minus all liabilities
rafters bar limited company details
company number
NI635315
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2017
previous names
N/A
accountant
-
auditor
-
address
35 templemore business park, northland road, derry, BT48 0LD
Bank
-
Legal Advisor
-
rafters 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 found 4 charges/mortgages relating to rafters bar limited. Currently there are 1 open charges and 3 have been satisfied in the past.
rafters bar 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 RAFTERS BAR LIMITED. This can take several minutes, an email will notify you when this has completed.
rafters bar limited Companies House Filings - See Documents
date | description | view/download |
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