Bar Analytics Limited

Bar Analytics Limited is a small, active company based in Barnet, UK, founded nine years ago in 2016. With two employees and £346,094 in assets, it operates from a real address and is managed by two directors and owners. The company is a regular importer of electrical machinery and equipment, with 11 months of import activity recorded, and an irregular exporter of optical and medical tools and devices, with just one month of export activity. Its website focuses on providing data and analytics for the brewing and hospitality industries, offering sensors and a web app to track beer sales, quality, and cleaning.

The company’s core offering revolves around “InternetConnected Beer Sensors,” designed and manufactured in-house. These sensors monitor volume, temperature, cleaning, and flow rate, providing realtime data accessible via a web app. The website caters to breweries, bars, and tank beer operations, offering tailored solutions and even disaster recovery services for damaged pianos – a surprising, and perhaps unrelated, venture.

Financially, Bar Analytics Limited presents a mixed picture. While cash reserves have increased dramatically, soaring 710% to £320,000, net assets have also increased by 150% to £140,000. Bank borrowings have decreased by 35% to £12,000, and creditors have also fallen by 35% to £12,000. However, depreciation charges on property, plant, and equipment have increased, with computer equipment rising 53%, motor vehicles jumping 160%, and plant machinery increasing 150%. The number of employees has also increased by 50% to three. It’s a small company, meeting two of three criteria for small business status: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it's exempt from an audit as a small company.

The surge in cash reserves is encouraging, but the increased depreciation charges and the rise in bank borrowings suggest the company may be investing in its operations—perhaps to expand its sensor production or develop new features for its web app. The addition of the piano restoration side of the business is a curious development, and its connection to the core analytics offering remains unclear. While the company seems to be growing, it’s important to monitor its cash flow and profitability to ensure it can sustain its growth trajectory.

Registered in England/Wales under the registration number 10023473, with a registered address at EN4 0HS, England, Barnet, Hertfordshire, 20 Courtleigh Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.