ringside restaurant ltd
ringside restaurant ltd Company Information
Company Number
NI656375
Next Accounts
Sep 2025
Industry
Take away food shops and mobile food stands
Unlicensed restaurants and cafes
Directors
Shareholders
james johnston
Group Structure
View All
Contact
Registered Address
ringside restauarant, old tempo road, enniskillen, co fermanagh, BT74 4BA
Website
-ringside restaurant ltd Estimated Valuation
Pomanda estimates the enterprise value of RINGSIDE RESTAURANT LTD at £17.5k based on a Turnover of £27.5k and 0.64x industry multiple (adjusted for size and gross margin).
ringside restaurant ltd Estimated Valuation
Pomanda estimates the enterprise value of RINGSIDE RESTAURANT LTD at £46.8k based on an EBITDA of £12.3k and a 3.82x industry multiple (adjusted for size and gross margin).
ringside restaurant ltd Estimated Valuation
Pomanda estimates the enterprise value of RINGSIDE RESTAURANT LTD at £0 based on Net Assets of £-8.2k and 2.91x industry multiple (adjusted for liquidity).
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Ringside Restaurant Ltd Overview
Ringside Restaurant Ltd is a live company located in enniskillen, BT74 4BA with a Companies House number of NI656375. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in October 2018, it's largest shareholder is james johnston with a 100% stake. Ringside Restaurant Ltd is a young, micro sized company, Pomanda has estimated its turnover at £27.5k with declining growth in recent years.
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Ringside Restaurant Ltd Health Check
Pomanda's financial health check has awarded Ringside Restaurant Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £27.5k, make it smaller than the average company (£469.2k)
- Ringside Restaurant Ltd
£469.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (10.7%)
- Ringside Restaurant Ltd
10.7% - Industry AVG
Production
with a gross margin of 32.2%, this company has a higher cost of product (54.5%)
- Ringside Restaurant Ltd
54.5% - Industry AVG
Profitability
an operating margin of 44.6% make it more profitable than the average company (2%)
- Ringside Restaurant Ltd
2% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Ringside Restaurant Ltd
31 - Industry AVG
Pay Structure
on an average salary of £11.7k, the company has an equivalent pay structure (£11.7k)
- Ringside Restaurant Ltd
£11.7k - Industry AVG
Efficiency
resulting in sales per employee of £27.5k, this is less efficient (£39.4k)
- Ringside Restaurant Ltd
£39.4k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is later than average (11 days)
- Ringside Restaurant Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (25 days)
- Ringside Restaurant Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ringside Restaurant Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ringside Restaurant Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 328.6%, this is a higher level of debt than the average (77.1%)
328.6% - Ringside Restaurant Ltd
77.1% - Industry AVG
RINGSIDE RESTAURANT LTD financials
Ringside Restaurant Ltd's latest turnover from December 2023 is estimated at £27.5 thousand and the company has net assets of -£8.2 thousand. According to their latest financial statements, Ringside Restaurant Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,595 | 767 | 1,079 | 7,576 | 1 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,595 | 767 | 1,079 | 7,576 | 1 |
| total assets | 3,595 | 767 | 1,079 | 7,576 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 479 | 2,850 | 1,109 | 1,859 | 359 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 479 | 2,850 | 1,109 | 1,859 | 359 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 11,333 | 15,335 | 19,666 | 20,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 11,333 | 15,335 | 19,666 | 20,000 | 0 |
| total liabilities | 11,812 | 18,185 | 20,775 | 21,859 | 359 |
| net assets | -8,217 | -17,418 | -19,696 | -14,283 | -358 |
| total shareholders funds | -8,217 | -17,418 | -19,696 | -14,283 | -358 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,828 | -312 | -6,497 | 7,575 | 1 |
| Creditors | -2,371 | 1,741 | -750 | 1,500 | 359 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -4,002 | -4,331 | -334 | 20,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
ringside restaurant ltd Credit Report and Business Information
Ringside Restaurant Ltd Competitor Analysis
Perform a competitor analysis for ringside restaurant ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in BT74 area or any other competitors across 12 key performance metrics.
ringside restaurant ltd Ownership
RINGSIDE RESTAURANT LTD group structure
Ringside Restaurant Ltd has no subsidiary companies.
Ultimate parent company
RINGSIDE RESTAURANT LTD
NI656375
ringside restaurant ltd directors
Ringside Restaurant Ltd currently has 1 director, Mr James Johnston serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Johnston | United Kingdom | 45 years | Oct 2018 | - | Director |
P&L
December 2023turnover
27.5k
+24%
operating profit
12.3k
0%
gross margin
32.2%
-11.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-8.2k
-0.53%
total assets
3.6k
+3.69%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ringside restaurant ltd company details
company number
NI656375
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
56102 - Unlicensed restaurants and cafes
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
ringside restauarant, old tempo road, enniskillen, co fermanagh, BT74 4BA
Bank
-
Legal Advisor
-
ringside restaurant 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 ringside restaurant ltd.
ringside restaurant ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
