new night palace ltd
new night palace ltd Company Information
Group Structure
View All
Industry
Licensed restaurants
Registered Address
2379 paisley road west, glasgow, G52 3QH
Website
-new night palace ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW NIGHT PALACE LTD at £109.4k based on a Turnover of £192.2k and 0.57x industry multiple (adjusted for size and gross margin).
new night palace ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW NIGHT PALACE LTD at £0 based on an EBITDA of £-9.2k and a 3.67x industry multiple (adjusted for size and gross margin).
new night palace ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW NIGHT PALACE LTD at £0 based on Net Assets of £-9.2k and 2.5x industry multiple (adjusted for liquidity).
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New Night Palace Ltd Overview
New Night Palace Ltd is a dissolved company that was located in glasgow, G52 3QH with a Companies House number of SC546697. It operated in the licenced restaurants sector, SIC Code 56101. Founded in October 2016, it's largest shareholder was xiuqing cai with a 100% stake. The last turnover for New Night Palace Ltd was estimated at £192.2k.
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New Night Palace Ltd Health Check
Pomanda's financial health check has awarded New Night Palace Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £192.2k, make it smaller than the average company (£869.6k)
- New Night Palace Ltd
£869.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- New Night Palace Ltd
- - Industry AVG
Production
with a gross margin of 41.1%, this company has a higher cost of product (62.2%)
- New Night Palace Ltd
62.2% - Industry AVG
Profitability
an operating margin of -4.8% make it less profitable than the average company (3.5%)
- New Night Palace Ltd
3.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (60)
- New Night Palace Ltd
60 - Industry AVG
Pay Structure
on an average salary of £16.8k, the company has an equivalent pay structure (£16.8k)
- New Night Palace Ltd
£16.8k - Industry AVG
Efficiency
resulting in sales per employee of £48k, this is equally as efficient (£45.7k)
- New Night Palace Ltd
£45.7k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (5 days)
- New Night Palace Ltd
5 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is close to average (49 days)
- New Night Palace Ltd
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Night Palace Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - New Night Palace Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 185.6%, this is a higher level of debt than the average (84.1%)
185.6% - New Night Palace Ltd
84.1% - Industry AVG
NEW NIGHT PALACE LTD financials
New Night Palace Ltd's latest turnover from October 2017 is estimated at £192.2 thousand and the company has net assets of -£9.2 thousand. According to their latest financial statements, we estimate that New Night Palace Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2017 | |
|---|---|
| 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
| Oct 2017 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 10,780 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 10,780 |
| total assets | 10,780 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 15,853 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 15,853 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | 4,156 |
| other liabilities | |
| provisions | |
| total long term liabilities | 4,156 |
| total liabilities | 20,009 |
| net assets | -9,229 |
| total shareholders funds | -9,229 |
| Oct 2017 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 10,780 |
| Creditors | 15,853 |
| Accruals and Deferred Income | 4,156 |
| 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 | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
new night palace ltd Credit Report and Business Information
New Night Palace Ltd Competitor Analysis
Perform a competitor analysis for new night palace ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in G52 area or any other competitors across 12 key performance metrics.
new night palace ltd Ownership
NEW NIGHT PALACE LTD group structure
New Night Palace Ltd has no subsidiary companies.
Ultimate parent company
NEW NIGHT PALACE LTD
SC546697
new night palace ltd directors
New Night Palace Ltd currently has 1 director, Ms Xiuqing Cai serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Xiuqing Cai | Scotland | 44 years | Oct 2016 | - | Director |
P&L
October 2017turnover
192.2k
0%
operating profit
-9.2k
0%
gross margin
41.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2017net assets
-9.2k
0%
total assets
10.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
new night palace ltd company details
company number
SC546697
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2017
previous names
N/A
accountant
-
auditor
-
address
2379 paisley road west, glasgow, G52 3QH
Bank
-
Legal Advisor
-
new night palace 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 new night palace ltd.
new night palace ltd 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 NEW NIGHT PALACE LTD. This can take several minutes, an email will notify you when this has completed.
new night palace ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
