rafters bar limited

Dissolved 

rafters bar limited Company Information

Share RAFTERS BAR LIMITED

Company Number

NI635315

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

£919.7k

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

£0

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

£0

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it larger than the average company (£876.3k)

£1.5m - Rafters Bar Limited

£876.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Rafters Bar Limited

- - Industry AVG

production

Production

with a gross margin of 41.3%, this company has a higher cost of product (62.9%)

41.3% - Rafters Bar Limited

62.9% - Industry AVG

profitability

Profitability

an operating margin of -9.5% make it less profitable than the average company (3.5%)

-9.5% - Rafters Bar Limited

3.5% - Industry AVG

employees

Employees

with 26 employees, this is below the industry average (57)

26 - Rafters Bar Limited

57 - Industry AVG

paystructure

Pay Structure

on an average salary of £17k, the company has an equivalent pay structure (£17k)

£17k - Rafters Bar Limited

£17k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59k, this is more efficient (£46.3k)

£59k - Rafters Bar Limited

£46.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is later than average (5 days)

17 days - Rafters Bar Limited

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 179 days, this is slower than average (49 days)

179 days - Rafters Bar Limited

49 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rafters Bar Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rafters Bar Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Jun 2017Jun 2016
Turnover1,534,888303
Other Income Or Grants00
Cost Of Sales901,342185
Gross Profit633,546119
Admin Expenses778,702106
Operating Profit-145,15613
Interest Payable00
Interest Receivable00
Pre-Tax Profit-145,15613
Tax0-2
Profit After Tax-145,15610
Dividends Paid00
Retained Profit-145,15610
Employee Costs441,61516,434
Number Of Employees261
EBITDA*-145,15613

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2017Jun 2016
Tangible Assets182,1150
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets182,1150
Stock & work in progress00
Trade Debtors72,99310
Group Debtors00
Misc Debtors00
Cash00
misc current assets41,8370
total current assets114,83010
total assets296,94510
Bank overdraft00
Bank loan00
Trade Creditors 442,0910
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities442,0910
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities442,0910
net assets-145,14610
total shareholders funds-145,14610
Jun 2017Jun 2016
Operating Activities
Operating Profit-145,15613
Depreciation00
Amortisation00
Tax0-2
Stock00
Debtors72,98310
Creditors442,0910
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations223,9521
Investing Activities
capital expenditure-182,1150
Change in Investments00
cash flow from investments-182,1150
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue00
interest00
cash flow from financing00
cash and cash equivalents
cash00
overdraft00
change in cash00

rafters bar limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for rafters bar limited. Get real-time insights into rafters bar limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Rafters Bar Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

irish inns ltd 100%

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).

officercountryagestartendrole
Mr Brendan Duddy61 years Dec 2015- Director
Mr Lawrence Duddy63 years May 2016- Director

P&L

June 2017

turnover

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 2017

net 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

datedescriptionview/download