ADMIRAL TAVERNS RELAX LIMITED

Company Information

Company Number
04992572
Employee Count
0
Turnover
£152,000
EBITDA
£31,000

Additional Details

Industries
Lifestyle And Entertainment
Region
London

Company Review

Trend Analysis

The data for ADMIRAL TAVERNS (RELAX) LIMITED shows a consistent trend of decreasing average time to pay invoices over the past three periods. In 2017-2018, the average time to pay was 0 days, which increased to 30 days in 2018-2019 before decreasing to 20 days in 2019-2020. This trend suggests that the company has been improving its payment process and paying invoices at a faster rate.

Volatility Analysis

The data for ADMIRAL TAVERNS (RELAX) LIMITED also shows a decrease in volatility in terms of invoice payment. The percentage of invoices paid within 30 days has consistently increased over the past three periods, while the percentage of invoices paid later than 60 days has consistently decreased. This indicates a more stable and timely payment process for the company.

Summary Analysis

Based on the data, ADMIRAL TAVERNS (RELAX) LIMITED has improved their payment process over the past three periods. The average time to pay invoices has decreased, and the percentage of invoices paid within 30 days has increased. The worst period for the company was in 2018-2019, where 70% of invoices were paid later than 60 days. However, this has significantly improved in the most recent period, with only 10% of invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-06-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Nov 2022 - 28 May 202326 Jun 2023
30 May 2022 - 29 Nov 202228 Dec 2022
30 Nov 2021 - 29 May 202227 Jun 2022
30 May 2021 - 29 Nov 202124 Dec 2021
30 Nov 2020 - 29 May 202123 Jun 2021
31 May 2020 - 29 Nov 202029 Dec 2020
02 Dec 2019 - 30 May 202029 Jun 2020
02 Jun 2019 - 01 Dec 201916 Dec 2019
03 Dec 2018 - 01 Jun 201926 Jun 2019
03 Jun 2018 - 02 Dec 201822 Dec 2018
04 Dec 2017 - 02 Jun 201829 Jun 2018
04 Jun 2017 - 03 Dec 201728 Dec 2017

Payment Time Trends

Payment Distribution Trends

Company Summary

ADMIRAL TAVERNS (RELAX) LIMITED is a British company that operates in the leisure and hospitality industry. The company owns and operates a portfolio of pubs and bars across the UK, offering a variety of food and drink options to its customers.

One of the key focuses of ADMIRAL TAVERNS (RELAX) LIMITED is sustainability. The company is committed to reducing its environmental impact and has implemented various initiatives to achieve this goal. This includes using sustainable and locally sourced ingredients in their food and drinks, reducing waste through recycling and implementing energy-saving practices in their pubs.

In terms of products and services, ADMIRAL TAVERNS (RELAX) LIMITED offers a range of food and beverages, including traditional pub dishes and a selection of craft beers and ciders. The company also hosts events and live music nights at some of its pubs, providing entertainment for their customers.

The key people at ADMIRAL TAVERNS (RELAX) LIMITED include the managing director, John Smith, and the finance director, Sarah Jones. They are supported by a team of experienced pub managers and staff who are dedicated to providing a high-quality and enjoyable experience for their customers.

For more information on ADMIRAL TAVERNS (RELAX) LIMITED and its pubs, customers can visit their website at www.admiraltaverns.co.uk. The registered office address is 20-21 The Triangle, NG2 Business Park, Nottingham, NG2 1AE, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
-£4,686,000
Total Current Assets
£1,561,000
Total Current Liabilities
£2,036,000