forestdale hotels limited
forestdale hotels limited Company Information
Company Number
00083508
Next Accounts
3744 days late
Industry
Hotels and similar accommodation
Directors
Shareholders
forest & glen ltd
anne lise collins
Group Structure
View All
Contact
Registered Address
5 temple square temple street, liverpool, L2 5RH
Website
forestdale.comforestdale hotels limited Estimated Valuation
Pomanda estimates the enterprise value of FORESTDALE HOTELS LIMITED at £50.2m based on a Turnover of £29m and 1.73x industry multiple (adjusted for size and gross margin).
forestdale hotels limited Estimated Valuation
Pomanda estimates the enterprise value of FORESTDALE HOTELS LIMITED at £16.8m based on an EBITDA of £2.3m and a 7.16x industry multiple (adjusted for size and gross margin).
forestdale hotels limited Estimated Valuation
Pomanda estimates the enterprise value of FORESTDALE HOTELS LIMITED at £0 based on Net Assets of £-1m and 2.26x industry multiple (adjusted for liquidity).
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Forestdale Hotels Limited Overview
Forestdale Hotels Limited is a live company located in liverpool, L2 5RH with a Companies House number of 00083508. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 1905, it's largest shareholder is forest & glen ltd with a 54% stake. Forestdale Hotels Limited is a mature, large sized company, Pomanda has estimated its turnover at £29m with unknown growth in recent years.
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Forestdale Hotels Limited Health Check
Pomanda's financial health check has awarded Forestdale Hotels Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £29m, make it larger than the average company (£3.7m)
£29m - Forestdale Hotels Limited
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Forestdale Hotels Limited
- - Industry AVG
Production
with a gross margin of 52.8%, this company has a comparable cost of product (62.5%)
52.8% - Forestdale Hotels Limited
62.5% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (6.3%)
3% - Forestdale Hotels Limited
6.3% - Industry AVG
Employees
with 733 employees, this is above the industry average (97)
733 - Forestdale Hotels Limited
97 - Industry AVG
Pay Structure
on an average salary of £14.8k, the company has an equivalent pay structure (£15.8k)
£14.8k - Forestdale Hotels Limited
£15.8k - Industry AVG
Efficiency
resulting in sales per employee of £39.6k, this is less efficient (£48.9k)
£39.6k - Forestdale Hotels Limited
£48.9k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (11 days)
6 days - Forestdale Hotels Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (49 days)
36 days - Forestdale Hotels Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (9 days)
2 days - Forestdale Hotels Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (5 weeks)
3 weeks - Forestdale Hotels Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.3%, this is a higher level of debt than the average (76.3%)
102.3% - Forestdale Hotels Limited
76.3% - Industry AVG
FORESTDALE HOTELS LIMITED financials
Forestdale Hotels Limited's latest turnover from December 2012 is £29 million and the company has net assets of -£1 million. According to their latest financial statements, Forestdale Hotels Limited has 733 employees and maintains cash reserves of £442.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2012 | Oct 2011 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|
| Turnover | 28,993,782 | 15,859,055 | 16,520,000 | 26,171,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,696,504 | 8,310,000 | 10,766,000 | 13,028,000 |
| Gross Profit | 15,297,278 | 7,549,055 | 5,754,000 | 13,143,000 |
| Admin Expenses | 14,433,481 | 10,574,338 | 6,272,000 | 15,938,000 |
| Operating Profit | 863,797 | -3,025,283 | -518,000 | -2,795,000 |
| Interest Payable | 2,380,296 | 1,013,762 | 1,466,000 | 1,662,000 |
| Interest Receivable | 592 | 0 | 0 | 5,000 |
| Pre-Tax Profit | -962,347 | -3,676,047 | -1,984,000 | -4,452,000 |
| Tax | 484,140 | 0 | 0 | 56,000 |
| Profit After Tax | -478,207 | -3,676,047 | -1,984,000 | -4,396,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -478,207 | -3,676,047 | -1,984,000 | -4,396,000 |
| Employee Costs | 10,863,340 | 5,698,353 | 6,511,000 | 10,270,000 |
| Number Of Employees | 733 | 876 | 870 | 857 |
| EBITDA* | 2,349,161 | -2,996,687 | 336,000 | -923,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2012 | Oct 2011 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|
| Tangible Assets | 23,850,615 | 23,646,816 | 22,909,000 | 41,809,000 |
| Intangible Assets | 228,382 | 299,872 | 329,000 | 841,000 |
| Investments & Other | 16,991,156 | 16,991,156 | 21,991,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 41,070,153 | 40,937,844 | 45,229,000 | 42,650,000 |
| Stock & work in progress | 111,522 | 117,046 | 87,000 | 160,000 |
| Trade Debtors | 550,811 | 875,313 | 436,000 | 603,000 |
| Group Debtors | 322,013 | 237,735 | 328,000 | 0 |
| Misc Debtors | 786,528 | 1,222,572 | 492,000 | 632,000 |
| Cash | 442,153 | 2,184,097 | 1,648,000 | 812,000 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,213,027 | 4,636,763 | 2,991,000 | 2,207,000 |
| total assets | 43,283,180 | 45,574,607 | 48,220,000 | 44,857,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 1,912,500 | 1,162,500 | 3,594,000 | 0 |
| Trade Creditors | 1,354,773 | 1,747,099 | 533,000 | 1,782,000 |
| Group/Directors Accounts | 0 | 74,259 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 24,877 | 27,648 | 27,000 | 35,000 |
| other current liabilities | 2,921,049 | 2,393,494 | 1,890,000 | 1,620,000 |
| total current liabilities | 6,213,199 | 5,405,000 | 6,044,000 | 3,437,000 |
| loans | 38,077,411 | 40,231,323 | 36,752,000 | 34,235,000 |
| hp & lease commitments | 0 | 24,841 | 40,000 | 66,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 484,140 | 79,000 | 609,000 |
| total long term liabilities | 38,077,411 | 40,740,304 | 36,871,000 | 34,910,000 |
| total liabilities | 44,290,610 | 46,145,304 | 42,915,000 | 38,347,000 |
| net assets | -1,007,430 | -570,697 | 5,305,000 | 6,510,000 |
| total shareholders funds | -1,007,430 | -570,697 | 5,305,000 | 6,510,000 |
| Dec 2012 | Oct 2011 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 863,797 | -3,025,283 | -518,000 | -2,795,000 |
| Depreciation | 1,413,874 | 792,000 | 1,620,000 | |
| Amortisation | 71,490 | 28,596 | 62,000 | 252,000 |
| Tax | 484,140 | 0 | 0 | 56,000 |
| Stock | -5,524 | -42,954 | -73,000 | 160,000 |
| Debtors | -676,268 | 1,100,620 | 21,000 | 1,235,000 |
| Creditors | -392,326 | -34,901 | -1,249,000 | 1,782,000 |
| Accruals and Deferred Income | 527,555 | 773,494 | 270,000 | 1,620,000 |
| Deferred Taxes & Provisions | -484,140 | -124,860 | -530,000 | 609,000 |
| Cash flow from operations | 3,166,182 | -1,121,000 | 1,749,000 | |
| Investing Activities | ||||
| capital expenditure | -226,000 | -747,000 | ||
| Change in Investments | 0 | 16,991,156 | 21,991,000 | 0 |
| cash flow from investments | -22,217,000 | -747,000 | ||
| Financing Activities | ||||
| Bank loans | 750,000 | 1,162,500 | 3,594,000 | 0 |
| Group/Directors Accounts | -74,259 | 74,259 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -2,153,912 | 5,996,323 | 2,517,000 | 34,235,000 |
| Hire Purchase and Lease Commitments | -27,612 | -48,511 | -34,000 | 101,000 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -2,379,704 | -1,013,762 | -1,466,000 | -1,657,000 |
| cash flow from financing | -3,844,013 | 2,766,159 | 5,390,000 | 43,585,000 |
| cash and cash equivalents | ||||
| cash | -1,741,944 | 1,372,097 | 836,000 | 812,000 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -1,741,944 | 1,372,097 | 836,000 | 812,000 |
forestdale hotels limited Credit Report and Business Information
Forestdale Hotels Limited Competitor Analysis
Perform a competitor analysis for forestdale hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in L 2 area or any other competitors across 12 key performance metrics.
forestdale hotels limited Ownership
FORESTDALE HOTELS LIMITED group structure
Forestdale Hotels Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
FORESTDALE HOTELS LIMITED
00083508
2 subsidiaries
forestdale hotels limited directors
Forestdale Hotels Limited currently has 1 director, Mr Philip Welbourn serving since Dec 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Welbourn | United Kingdom | 60 years | Dec 2010 | - | Director |
P&L
December 2012turnover
29m
+83%
operating profit
863.8k
-129%
gross margin
52.8%
+10.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2012net assets
-1m
+0.77%
total assets
43.3m
-0.05%
cash
442.2k
-0.8%
net assets
Total assets minus all liabilities
forestdale hotels limited company details
company number
00083508
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 1905
age
119
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2012
previous names
forest dale hotels limited (July 1987)
forest park hotel,limited (the) (December 1978)
accountant
-
auditor
-
address
5 temple square temple street, liverpool, L2 5RH
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
forestdale hotels 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 38 charges/mortgages relating to forestdale hotels limited. Currently there are 15 open charges and 23 have been satisfied in the past.
forestdale hotels limited 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 FORESTDALE HOTELS LIMITED. This can take several minutes, an email will notify you when this has completed.
forestdale hotels limited Companies House Filings - See Documents
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