quorn 1 limited
quorn 1 limited Company Information
Company Number
09996846
Website
-Registered Address
204 winsford avenue, coventry, CV5 9NB
Industry
Hotels and similar accommodation
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
sanjay kathuria 50%
ravi kathuria 50%
quorn 1 limited Estimated Valuation
Pomanda estimates the enterprise value of QUORN 1 LIMITED at £1.4m based on a Turnover of £1.4m and 1x industry multiple (adjusted for size and gross margin).
quorn 1 limited Estimated Valuation
Pomanda estimates the enterprise value of QUORN 1 LIMITED at £0 based on an EBITDA of £-114.9k and a 3.93x industry multiple (adjusted for size and gross margin).
quorn 1 limited Estimated Valuation
Pomanda estimates the enterprise value of QUORN 1 LIMITED at £524.7k based on Net Assets of £275k and 1.91x industry multiple (adjusted for liquidity).
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Quorn 1 Limited Overview
Quorn 1 Limited is a live company located in coventry, CV5 9NB with a Companies House number of 09996846. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 2016, it's largest shareholder is sanjay kathuria with a 50% stake. Quorn 1 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Quorn 1 Limited Health Check
Pomanda's financial health check has awarded Quorn 1 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£4.6m)
- Quorn 1 Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (1.3%)
- Quorn 1 Limited
1.3% - Industry AVG
Production
with a gross margin of 44.3%, this company has a higher cost of product (62.7%)
- Quorn 1 Limited
62.7% - Industry AVG
Profitability
an operating margin of -8.2% make it less profitable than the average company (9.4%)
- Quorn 1 Limited
9.4% - Industry AVG
Employees
with 33 employees, this is below the industry average (77)
33 - Quorn 1 Limited
77 - Industry AVG
Pay Structure
on an average salary of £21.9k, the company has an equivalent pay structure (£21.9k)
- Quorn 1 Limited
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.6k, this is less efficient (£64.8k)
- Quorn 1 Limited
£64.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is later than average (8 days)
- Quorn 1 Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 477 days, this is slower than average (48 days)
- Quorn 1 Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Quorn 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Quorn 1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.2%, this is a higher level of debt than the average (74%)
88.2% - Quorn 1 Limited
74% - Industry AVG
quorn 1 limited Credit Report and Business Information
Quorn 1 Limited Competitor Analysis
Perform a competitor analysis for quorn 1 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
quorn 1 limited Ownership
QUORN 1 LIMITED group structure
Quorn 1 Limited has no subsidiary companies.
Ultimate parent company
QUORN 1 LIMITED
09996846
quorn 1 limited directors
Quorn 1 Limited currently has 2 directors. The longest serving directors include Mr Sanjay Kathuria (Feb 2016) and Mr Ravi Kathuria (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjay Kathuria | England | 48 years | Feb 2016 | - | Director |
| Mr Ravi Kathuria | United Kingdom | 45 years | Feb 2016 | - | Director |
QUORN 1 LIMITED financials
Quorn 1 Limited's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £275 thousand. According to their latest financial statements, Quorn 1 Limited has 33 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,327,141 | ||||||
| Other Income Or Grants | 0 | ||||||
| Cost Of Sales | 270,059 | ||||||
| Gross Profit | 1,057,082 | ||||||
| Admin Expenses | 747,822 | ||||||
| Operating Profit | 309,260 | ||||||
| Interest Payable | 34,459 | ||||||
| Interest Receivable | 0 | ||||||
| Pre-Tax Profit | 274,801 | ||||||
| Tax | -31,370 | ||||||
| Profit After Tax | 243,431 | ||||||
| Dividends Paid | 0 | ||||||
| Retained Profit | 243,431 | ||||||
| Employee Costs | 421,021 | ||||||
| Number Of Employees | 33 | 35 | 33 | 28 | 40 | 39 | |
| EBITDA* | 331,554 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,267,725 | 2,274,235 | 1,859,694 | 2,312,683 | 2,335,673 | 1,874,034 | 1,854,882 |
| Intangible Assets | 0 | 0 | 430,000 | 0 | 0 | 430,000 | 430,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,267,725 | 2,274,235 | 2,289,694 | 2,312,683 | 2,335,673 | 2,304,034 | 2,284,882 |
| Stock & work in progress | 0 | 0 | 15,000 | 0 | 0 | 18,980 | 18,350 |
| Trade Debtors | 65,112 | 105,125 | 5,594 | 32,614 | 110,783 | 31,125 | 75,527 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 450 | 0 | 0 | 70,250 | 51,456 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,112 | 105,125 | 21,044 | 32,614 | 110,783 | 120,355 | 145,333 |
| total assets | 2,332,837 | 2,379,360 | 2,310,738 | 2,345,297 | 2,446,456 | 2,424,389 | 2,430,215 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,024,114 | 771,173 | 841,677 | 500,951 | 499,189 | 714,781 | 759,568 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,024,114 | 771,173 | 841,677 | 500,951 | 499,189 | 714,781 | 759,568 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,033,698 | 1,218,238 | 1,134,960 | 1,357,840 | 1,458,179 | 1,338,549 | 1,427,116 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,033,698 | 1,218,238 | 1,134,960 | 1,357,840 | 1,458,179 | 1,338,549 | 1,427,116 |
| total liabilities | 2,057,812 | 1,989,411 | 1,976,637 | 1,858,791 | 1,957,368 | 2,053,330 | 2,186,684 |
| net assets | 275,025 | 389,949 | 334,101 | 486,506 | 489,088 | 371,059 | 243,531 |
| total shareholders funds | 275,025 | 389,949 | 334,101 | 486,506 | 489,088 | 371,059 | 243,531 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 309,260 | ||||||
| Depreciation | 15,459 | 18,886 | 22,294 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | -31,370 | ||||||
| Stock | 0 | -15,000 | 15,000 | 0 | -18,980 | 630 | 18,350 |
| Debtors | -40,013 | 99,531 | -27,020 | -78,169 | 79,658 | -44,402 | 75,527 |
| Creditors | 252,941 | -70,504 | 340,726 | 1,762 | -215,592 | -44,787 | 759,568 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 965,875 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -184,540 | 83,278 | -222,880 | -100,339 | 119,630 | -88,567 | 1,427,116 |
| share issue | |||||||
| interest | -34,459 | ||||||
| cash flow from financing | 1,392,757 | ||||||
| cash and cash equivalents | |||||||
| cash | 0 | -450 | 450 | 0 | -70,250 | 18,794 | 51,456 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -450 | 450 | 0 | -70,250 | 18,794 | 51,456 |
P&L
March 2023turnover
1.4m
+12%
operating profit
-114.9k
0%
gross margin
44.4%
+26.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
275k
-0.29%
total assets
2.3m
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
quorn 1 limited company details
company number
09996846
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
talash hotels no 4 limited (August 2019)
incorporated
UK
address
204 winsford avenue, coventry, CV5 9NB
last accounts submitted
March 2023
quorn 1 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 did not find charges/mortgages relating to quorn 1 limited.
quorn 1 limited Companies House Filings - See Documents
| date | description | view/download |
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