claridge's hotel limited
claridge's hotel limited Company Information
Company Number
00029022
Website
http://www.claridges.co.ukRegistered Address
27 knightsbridge, london, SW1X 7LY
Industry
Hotels and similar accommodation
Telephone
02071078862
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
claridge's hotel holdings ltd 100%
claridge's hotel limited Estimated Valuation
Pomanda estimates the enterprise value of CLARIDGE'S HOTEL LIMITED at £300.7m based on a Turnover of £119.4m and 2.52x industry multiple (adjusted for size and gross margin).
claridge's hotel limited Estimated Valuation
Pomanda estimates the enterprise value of CLARIDGE'S HOTEL LIMITED at £551.6m based on an EBITDA of £53m and a 10.41x industry multiple (adjusted for size and gross margin).
claridge's hotel limited Estimated Valuation
Pomanda estimates the enterprise value of CLARIDGE'S HOTEL LIMITED at £371.5m based on Net Assets of £189.4m and 1.96x industry multiple (adjusted for liquidity).
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Claridge's Hotel Limited Overview
Claridge's Hotel Limited is a live company located in london, SW1X 7LY with a Companies House number of 00029022. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 1889, it's largest shareholder is claridge's hotel holdings ltd with a 100% stake. Claridge's Hotel Limited is a mature, mega sized company, Pomanda has estimated its turnover at £119.4m with rapid growth in recent years.
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Claridge's Hotel Limited Health Check
Pomanda's financial health check has awarded Claridge'S Hotel Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £119.4m, make it larger than the average company (£5.5m)
£119.4m - Claridge's Hotel Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 107%, show it is growing at a faster rate (9.4%)
107% - Claridge's Hotel Limited
9.4% - Industry AVG
Production
with a gross margin of 66.6%, this company has a comparable cost of product (63.4%)
66.6% - Claridge's Hotel Limited
63.4% - Industry AVG
Profitability
an operating margin of 29.4% make it more profitable than the average company (8.2%)
29.4% - Claridge's Hotel Limited
8.2% - Industry AVG
Employees
with 807 employees, this is above the industry average (81)
807 - Claridge's Hotel Limited
81 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has a higher pay structure (£24.2k)
£38.5k - Claridge's Hotel Limited
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £147.9k, this is more efficient (£74.4k)
£147.9k - Claridge's Hotel Limited
£74.4k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (7 days)
25 days - Claridge's Hotel Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (44 days)
36 days - Claridge's Hotel Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (7 days)
40 days - Claridge's Hotel Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Claridge's Hotel Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.7%, this is a similar level of debt than the average (76.8%)
75.7% - Claridge's Hotel Limited
76.8% - Industry AVG
CLARIDGE'S HOTEL LIMITED financials
Claridge'S Hotel Limited's latest turnover from December 2023 is £119.4 million and the company has net assets of £189.4 million. According to their latest financial statements, Claridge'S Hotel Limited has 807 employees and maintains cash reserves of £67 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 119,371,000 | 98,138,000 | 40,323,000 | 13,402,000 | 56,633,000 | 65,757,000 | 69,277,000 | 69,042,000 | 68,687,000 | 61,523,000 | 56,067,000 | 58,877,000 | 57,183,000 | 82,656,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 39,851,000 | 32,130,000 | 20,169,000 | 15,328,000 | 20,885,000 | 22,365,000 | 22,117,000 | 21,583,000 | 22,079,000 | 19,805,000 | 16,387,000 | 16,440,000 | 16,324,000 | 24,113,000 |
| Gross Profit | 79,520,000 | 66,008,000 | 20,154,000 | -1,926,000 | 35,748,000 | 43,392,000 | 47,160,000 | 47,459,000 | 46,608,000 | 41,718,000 | 39,680,000 | 42,437,000 | 40,859,000 | 58,543,000 |
| Admin Expenses | 44,386,000 | 48,850,000 | 29,447,000 | 20,025,000 | 33,307,000 | |||||||||
| Operating Profit | 35,134,000 | 17,158,000 | -9,293,000 | -21,951,000 | 2,441,000 | |||||||||
| Interest Payable | 27,886,000 | 14,949,000 | 10,839,000 | 5,508,000 | 2,882,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 7,248,000 | 2,209,000 | -20,132,000 | -27,459,000 | -441,000 | 11,512,000 | 18,684,000 | 20,753,000 | 20,519,000 | 18,177,000 | 18,170,000 | 20,250,000 | 20,196,000 | 29,690,000 |
| Tax | -4,184,000 | -2,243,000 | -5,473,000 | 1,511,000 | -672,000 | -1,900,000 | -140,000 | 1,482,000 | 3,692,000 | 77,000 | -983,000 | 1,028,000 | 60,000 | -670,000 |
| Profit After Tax | 3,064,000 | -34,000 | -25,605,000 | -25,948,000 | -1,113,000 | 9,612,000 | 18,544,000 | 22,235,000 | 24,211,000 | 18,254,000 | 17,187,000 | 21,278,000 | 20,256,000 | 29,020,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 197,599,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,064,000 | -34,000 | -25,605,000 | -25,948,000 | -1,113,000 | 9,612,000 | -179,055,000 | 22,235,000 | 24,211,000 | 18,254,000 | 17,187,000 | 21,278,000 | 20,256,000 | 29,020,000 |
| Employee Costs | 31,075,000 | 24,507,000 | 14,918,000 | 13,133,000 | 14,942,000 | 15,960,000 | 15,448,000 | 14,737,000 | 14,479,000 | 13,461,000 | 11,232,000 | 11,455,000 | 11,317,000 | 16,417,000 |
| Number Of Employees | 807 | 678 | 512 | 501 | 492 | 535 | 535 | 532 | 523 | 522 | 441 | 466 | 468 | 454 |
| EBITDA* | 52,979,000 | 29,642,000 | -933,000 | -15,647,000 | 7,276,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 564,335,000 | 485,901,000 | 457,907,000 | 403,054,000 | 342,029,000 | 288,111,000 | 256,535,000 | 229,133,000 | 218,953,000 | 214,395,000 | 207,993,000 | 202,945,000 | 198,706,000 | 198,348,000 |
| Intangible Assets | 49,154,000 | 168,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 613,489,000 | 486,069,000 | 458,057,000 | 403,204,000 | 342,179,000 | 288,261,000 | 256,685,000 | 229,283,000 | 219,103,000 | 214,545,000 | 208,143,000 | 203,095,000 | 198,856,000 | 198,498,000 |
| Stock & work in progress | 4,372,000 | 3,392,000 | 2,770,000 | 2,417,000 | 2,318,000 | 2,253,000 | 2,071,000 | 1,581,000 | 1,623,000 | 1,557,000 | 1,159,000 | 1,090,000 | 979,000 | 972,000 |
| Trade Debtors | 8,499,000 | 7,103,000 | 3,158,000 | 2,779,000 | 3,905,000 | 4,919,000 | 5,718,000 | 5,999,000 | 4,798,000 | 4,257,000 | 2,841,000 | 4,331,000 | 3,715,000 | 2,664,000 |
| Group Debtors | 150,944,000 | 94,404,000 | 54,254,000 | 38,194,000 | 37,445,000 | 17,714,000 | 245,000 | 202,092,000 | 192,645,000 | 176,806,000 | 166,322,000 | 152,411,000 | 136,716,000 | 120,207,000 |
| Misc Debtors | 2,863,000 | 1,922,000 | 2,847,000 | 5,360,000 | 2,636,000 | 1,168,000 | 1,221,000 | 934,000 | 1,023,000 | 1,722,000 | 2,025,000 | 3,184,000 | 1,949,000 | 1,943,000 |
| Cash | 67,000 | 12,563,000 | 1,493,000 | 283,000 | 3,102,000 | 10,179,000 | 5,353,000 | 3,843,000 | 3,805,000 | 2,983,000 | 1,906,000 | 2,485,000 | 2,241,000 | 1,466,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 166,745,000 | 119,384,000 | 64,522,000 | 49,033,000 | 49,406,000 | 36,233,000 | 14,608,000 | 214,449,000 | 203,894,000 | 187,325,000 | 174,253,000 | 163,501,000 | 145,600,000 | 127,252,000 |
| total assets | 780,234,000 | 605,453,000 | 522,579,000 | 452,237,000 | 391,585,000 | 324,494,000 | 271,293,000 | 443,732,000 | 422,997,000 | 401,870,000 | 382,396,000 | 366,596,000 | 344,456,000 | 325,750,000 |
| Bank overdraft | 133,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,948,000 | 4,835,000 | 2,419,000 | 541,000 | 3,361,000 | 4,948,000 | 5,042,000 | 2,593,000 | 4,253,000 | 4,554,000 | 2,942,000 | 4,377,000 | 3,821,000 | 3,226,000 |
| Group/Directors Accounts | 487,936,000 | 372,653,000 | 1,195,000 | 1,753,000 | 121,690,000 | 49,546,000 | 8,159,000 | 5,080,000 | 4,868,000 | 4,792,000 | 4,735,000 | 4,707,000 | 4,703,000 | 6,467,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 54,000 | 49,000 | 48,000 | 46,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,947,000 | 13,143,000 | 7,494,000 | 5,624,000 | 6,764,000 | 10,546,000 | 8,554,000 | 7,606,000 | 6,176,000 | 5,343,000 | 4,593,000 | 4,573,000 | 4,271,000 | 4,652,000 |
| total current liabilities | 502,018,000 | 390,680,000 | 11,156,000 | 7,964,000 | 131,855,000 | 65,040,000 | 21,755,000 | 15,279,000 | 15,297,000 | 14,689,000 | 12,270,000 | 13,657,000 | 12,795,000 | 14,345,000 |
| loans | 0 | 0 | 298,982,000 | 211,652,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 56,312,000 | 117,000 | 166,000 | 214,000 | 238,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 32,547,000 | 28,363,000 | 25,948,000 | 20,475,000 | 21,612,000 | 20,461,000 | 20,157,000 | 20,017,000 | 21,499,000 | 25,191,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 88,859,000 | 28,480,000 | 325,096,000 | 232,341,000 | 21,850,000 | 20,461,000 | 20,157,000 | 20,017,000 | 21,499,000 | 25,191,000 | 0 | 0 | 0 | 0 |
| total liabilities | 590,877,000 | 419,160,000 | 336,252,000 | 240,305,000 | 153,705,000 | 85,501,000 | 41,912,000 | 35,296,000 | 36,796,000 | 39,880,000 | 12,270,000 | 13,657,000 | 12,795,000 | 14,345,000 |
| net assets | 189,357,000 | 186,293,000 | 186,327,000 | 211,932,000 | 237,880,000 | 238,993,000 | 229,381,000 | 408,436,000 | 386,201,000 | 361,990,000 | 370,126,000 | 352,939,000 | 331,661,000 | 311,405,000 |
| total shareholders funds | 189,357,000 | 186,293,000 | 186,327,000 | 211,932,000 | 237,880,000 | 238,993,000 | 229,381,000 | 408,436,000 | 386,201,000 | 361,990,000 | 370,126,000 | 352,939,000 | 331,661,000 | 311,405,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 35,134,000 | 17,158,000 | -9,293,000 | -21,951,000 | 2,441,000 | |||||||||
| Depreciation | 17,715,000 | 12,436,000 | 8,360,000 | 6,304,000 | 4,835,000 | 4,071,000 | 3,170,000 | 3,308,000 | 31,599,000 | 2,396,000 | 2,263,000 | 2,435,000 | 2,427,000 | 3,082,000 |
| Amortisation | 130,000 | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,184,000 | -2,243,000 | -5,473,000 | 1,511,000 | -672,000 | -1,900,000 | -140,000 | 1,482,000 | 3,692,000 | 77,000 | -983,000 | 1,028,000 | 60,000 | -670,000 |
| Stock | 980,000 | 622,000 | 353,000 | 99,000 | 65,000 | 182,000 | 490,000 | -42,000 | 66,000 | 398,000 | 69,000 | 111,000 | 7,000 | 972,000 |
| Debtors | 58,877,000 | 43,170,000 | 13,926,000 | 2,347,000 | 20,185,000 | 16,617,000 | -201,841,000 | 10,559,000 | 15,681,000 | 11,597,000 | 11,262,000 | 17,546,000 | 17,566,000 | 124,814,000 |
| Creditors | -887,000 | 2,416,000 | 1,878,000 | -2,820,000 | -1,587,000 | -94,000 | 2,449,000 | -1,660,000 | -301,000 | 1,612,000 | -1,435,000 | 556,000 | 595,000 | 3,226,000 |
| Accruals and Deferred Income | -3,196,000 | 5,649,000 | 1,870,000 | -1,140,000 | -3,782,000 | 1,992,000 | 948,000 | 1,430,000 | 833,000 | 750,000 | 20,000 | 302,000 | -381,000 | 4,652,000 |
| Deferred Taxes & Provisions | 4,184,000 | 2,415,000 | 5,473,000 | -1,137,000 | 1,151,000 | 304,000 | 140,000 | -1,482,000 | -3,692,000 | 25,191,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -10,961,000 | -5,913,000 | -11,464,000 | -21,679,000 | -17,864,000 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -150,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 115,283,000 | 371,458,000 | -558,000 | -119,937,000 | 72,144,000 | 41,387,000 | 3,079,000 | 212,000 | 76,000 | 57,000 | 28,000 | 4,000 | -1,764,000 | 6,467,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -298,982,000 | 87,330,000 | 211,652,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 56,200,000 | -48,000 | -46,000 | -18,000 | 278,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -27,886,000 | -14,949,000 | -10,839,000 | -5,508,000 | -2,882,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 143,597,000 | 57,479,000 | 75,887,000 | 86,189,000 | 69,540,000 | 41,387,000 | 3,079,000 | 212,000 | 76,000 | -26,333,000 | 28,000 | 4,000 | -1,764,000 | 288,852,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -12,496,000 | 11,070,000 | 1,210,000 | -2,819,000 | -7,077,000 | 4,826,000 | 1,510,000 | 38,000 | 822,000 | 1,077,000 | -579,000 | 244,000 | 775,000 | 1,466,000 |
| overdraft | 133,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,629,000 | 11,070,000 | 1,210,000 | -2,819,000 | -7,077,000 | 4,826,000 | 1,510,000 | 38,000 | 822,000 | 1,077,000 | -579,000 | 244,000 | 775,000 | 1,466,000 |
claridge's hotel limited Credit Report and Business Information
Claridge's Hotel Limited Competitor Analysis
Perform a competitor analysis for claridge's hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mega companies, companies in SW1X area or any other competitors across 12 key performance metrics.
claridge's hotel limited Ownership
CLARIDGE'S HOTEL LIMITED group structure
Claridge'S Hotel Limited has 3 subsidiary companies.
Ultimate parent company
REGIS INVESTMENTS SA
#0098639
2 parents
CLARIDGE'S HOTEL LIMITED
00029022
3 subsidiaries
claridge's hotel limited directors
Claridge'S Hotel Limited currently has 3 directors. The longest serving directors include Mr Marc Socker (Dec 2018) and Mr Nasir Pasha (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Socker | United Kingdom | 48 years | Dec 2018 | - | Director |
| Mr Nasir Pasha | United Kingdom | 69 years | Feb 2021 | - | Director |
| Mr Jeremy Cape | England | 49 years | Feb 2021 | - | Director |
P&L
December 2023turnover
119.4m
+22%
operating profit
35.1m
+105%
gross margin
66.7%
-0.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
189.4m
+0.02%
total assets
780.2m
+0.29%
cash
67k
-0.99%
net assets
Total assets minus all liabilities
claridge's hotel limited company details
company number
00029022
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 1889
age
135
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
the savoy hotel limited (January 1999)
accountant
-
auditor
DELOITTE LLP
address
27 knightsbridge, london, SW1X 7LY
Bank
ALLIED IRISH BANK
Legal Advisor
MACFARLANES LLP
claridge's hotel 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 found 26 charges/mortgages relating to claridge's hotel limited. Currently there are 3 open charges and 23 have been satisfied in the past.
claridge's hotel limited Companies House Filings - See Documents
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