corus hotels limited
corus hotels limited Company Information
Company Number
00171238
Next Accounts
Mar 2026
Shareholders
london vista hotel limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
corus house traditional barn, rossway estate, rossway, berkhamsted, HP4 3TZ
Website
www.corushotels.comcorus hotels limited Estimated Valuation
Pomanda estimates the enterprise value of CORUS HOTELS LIMITED at £1.8m based on a Turnover of £1.6m and 1.12x industry multiple (adjusted for size and gross margin).
corus hotels limited Estimated Valuation
Pomanda estimates the enterprise value of CORUS HOTELS LIMITED at £0 based on an EBITDA of £-2.8m and a 4.49x industry multiple (adjusted for size and gross margin).
corus hotels limited Estimated Valuation
Pomanda estimates the enterprise value of CORUS HOTELS LIMITED at £0 based on Net Assets of £-1.4m and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Corus Hotels Limited Overview
Corus Hotels Limited is a live company located in berkhamsted, HP4 3TZ with a Companies House number of 00171238. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 1920, it's largest shareholder is london vista hotel limited with a 100% stake. Corus Hotels Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Corus Hotels Limited Health Check
Pomanda's financial health check has awarded Corus Hotels Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£5.6m)
- Corus Hotels Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 83%, show it is growing at a faster rate (40.6%)
- Corus Hotels Limited
40.6% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
- Corus Hotels Limited
64.1% - Industry AVG
Profitability
an operating margin of -173.9% make it less profitable than the average company (7.9%)
- Corus Hotels Limited
7.9% - Industry AVG
Employees
with 18 employees, this is below the industry average (85)
18 - Corus Hotels Limited
85 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)
- Corus Hotels Limited
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £89.7k, this is more efficient (£71.1k)
- Corus Hotels Limited
£71.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Corus Hotels Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 910 days, this is slower than average (43 days)
- Corus Hotels Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corus Hotels Limited
- - 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 - Corus Hotels Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.5%, this is a higher level of debt than the average (74.7%)
108.5% - Corus Hotels Limited
74.7% - Industry AVG
CORUS HOTELS LIMITED financials
Corus Hotels Limited's latest turnover from June 2024 is estimated at £1.6 million and the company has net assets of -£1.4 million. According to their latest financial statements, Corus Hotels Limited has 18 employees and maintains cash reserves of £24.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 262,026 | 715,368 | 27,241,000 | 28,224,000 | 27,769,000 | 39,520,000 | 26,476,000 | 24,657,000 | 24,636,000 | 25,589,000 | 25,403,000 | 25,474,000 | |||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 16,486,000 | 20,270,000 | 17,113,000 | 20,753,000 | 15,109,000 | 15,977,000 | 14,931,000 | 16,193,000 | 16,077,000 | 18,523,000 | |||||
| Gross Profit | 262,026 | 715,368 | 10,755,000 | 7,954,000 | 10,656,000 | 18,767,000 | 11,367,000 | 8,680,000 | 9,705,000 | 9,396,000 | 9,326,000 | 6,951,000 | |||
| Admin Expenses | 3,944,947 | 55,638,021 | 44,440,000 | 4,739,000 | 7,069,000 | 17,135,000 | 7,883,000 | 5,946,000 | 8,094,000 | 6,533,000 | 9,123,000 | 9,795,000 | |||
| Operating Profit | -3,682,921 | -54,922,653 | -33,685,000 | 3,215,000 | 3,587,000 | 1,632,000 | 3,484,000 | 2,734,000 | 1,611,000 | 2,863,000 | 203,000 | -2,844,000 | |||
| Interest Payable | 112,600 | 181,649 | 3,699,000 | 3,229,000 | 3,203,000 | 4,684,000 | 2,114,000 | 1,901,000 | 2,031,000 | 1,857,000 | 1,461,000 | 1,926,000 | |||
| Interest Receivable | 18 | 1,310,000 | 1,308,000 | 1,671,000 | 23,000 | 85,000 | 75,000 | 247,000 | |||||||
| Pre-Tax Profit | -3,795,521 | -31,562,586 | -37,384,000 | 1,296,000 | 1,692,000 | -1,381,000 | 1,370,000 | 833,000 | -397,000 | 1,091,000 | -1,183,000 | -4,523,000 | |||
| Tax | -947,671 | 385,000 | -247,000 | -471,000 | -22,000 | -476,000 | -392,000 | -657,000 | -666,000 | -212,000 | 741,000 | ||||
| Profit After Tax | -3,795,521 | -32,510,257 | -36,999,000 | 1,049,000 | 1,221,000 | -1,403,000 | 894,000 | 441,000 | -1,054,000 | 425,000 | -1,395,000 | -3,782,000 | |||
| Dividends Paid | 29,948,719 | 171,000 | |||||||||||||
| Retained Profit | -3,795,521 | -62,458,976 | -37,094,000 | 633,000 | 947,000 | -1,802,000 | 1,065,000 | 427,000 | -1,054,000 | 425,000 | -1,395,000 | -3,782,000 | |||
| Employee Costs | 753,389 | 1,083,812 | 9,375,000 | 10,266,000 | 9,591,000 | 12,873,000 | 8,546,000 | 8,030,000 | 8,212,000 | 8,560,000 | 8,836,000 | 9,495,000 | |||
| Number Of Employees | 18 | 18 | 28 | 28 | 28 | 434 | 605 | 577 | 543 | 503 | 511 | 511 | 571 | 581 | 637 |
| EBITDA* | -3,682,921 | -54,922,653 | -32,218,000 | 4,848,000 | 5,319,000 | 4,001,000 | 5,167,000 | 4,538,000 | 5,300,000 | 4,940,000 | 4,430,000 | -462,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 51,453 | 16,398 | 41,232 | 69,826 | 108,246 | 93,726,000 | 130,476,000 | 131,480,000 | 221,961,000 | 220,157,000 | 218,191,000 | 218,608,000 | 224,730,000 | 232,003,000 | 192,257,000 |
| Intangible Assets | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | 260,000 | |||||
| Investments & Other | 35,691,000 | 125,477,000 | 125,438,000 | 125,438,000 | 125,438,000 | 128,600,000 | |||||||||
| Debtors (Due After 1 year) | 4,011,401 | 12,205,409 | 2,641,639 | 37,002,000 | |||||||||||
| Total Fixed Assets | 51,453 | 4,027,799 | 12,246,641 | 2,711,465 | 108,246 | 93,986,000 | 130,736,000 | 131,740,000 | 222,221,000 | 220,417,000 | 218,451,000 | 218,868,000 | 224,990,000 | 232,263,000 | 192,517,000 |
| Stock & work in progress | 102,000 | 129,000 | 187,000 | 117,000 | 134,000 | 120,000 | 127,000 | 109,000 | 123,000 | 122,000 | |||||
| Trade Debtors | 7,400 | 4,209 | 25,345 | 10,891 | 3,035,000 | 3,473,000 | 1,584,000 | 1,156,000 | 1,402,000 | 1,145,000 | 986,000 | 1,056,000 | 1,526,000 | 1,579,000 | |
| Group Debtors | 15,657,228 | 7,211,024 | 65,594,000 | 65,709,000 | 125,579,000 | 34,156,000 | 209,000 | ||||||||
| Misc Debtors | 907,251 | 940,109 | 1,429,437 | 446,856 | 652,488 | 2,805,000 | 2,575,000 | 1,053,000 | 1,073,000 | 912,000 | 761,000 | 592,000 | 596,000 | ||
| Cash | 24,710 | 1,721 | 44,454 | 27,292 | 208,638 | 9,502,000 | 9,348,000 | 10,858,000 | 13,565,000 | 5,589,000 | 5,312,000 | 6,068,000 | 3,992,000 | 2,530,000 | 735,000 |
| misc current assets | 91,000 | 46,563,000 | |||||||||||||
| total current assets | 16,589,189 | 949,230 | 1,478,100 | 499,493 | 8,083,041 | 78,324,000 | 78,659,000 | 141,013,000 | 51,569,000 | 8,387,000 | 7,650,000 | 8,093,000 | 5,918,000 | 4,771,000 | 49,595,000 |
| total assets | 16,640,642 | 4,977,029 | 13,724,741 | 3,210,958 | 8,191,287 | 172,310,000 | 209,395,000 | 272,753,000 | 273,790,000 | 228,804,000 | 226,101,000 | 226,961,000 | 230,908,000 | 237,034,000 | 242,112,000 |
| Bank overdraft | 4,980,000 | 4,766,000 | 4,980,000 | 4,985,000 | 4,980,000 | 4,974,000 | 4,974,000 | 4,920,000 | |||||||
| Bank loan | 2,949,811 | 227,000 | 2,552,000 | 6,438,000 | 4,325,000 | 3,825,000 | 1,000,000 | ||||||||
| Trade Creditors | 1,444,632 | 1,355,420 | 1,289,939 | 831,321 | 1,255,946 | 5,978,000 | 6,663,000 | 2,240,000 | 1,553,000 | 1,212,000 | 1,017,000 | 1,257,000 | 1,097,000 | 1,816,000 | 1,203,000 |
| Group/Directors Accounts | 13,233,516 | ||||||||||||||
| other short term finances | 871,000 | 1,600,000 | 51,818,000 | 51,818,000 | 51,818,000 | 51,818,000 | 51,818,000 | ||||||||
| hp & lease commitments | 7,405 | 50,000 | 100,000 | 128,000 | |||||||||||
| other current liabilities | 3,342,981 | 1,692,584 | 3,762,876 | 3,024,105 | 1,454,679 | 85,934,000 | 4,179,000 | 4,393,000 | 6,380,000 | 5,936,000 | 5,879,000 | 5,720,000 | 2,578,000 | 2,610,000 | 3,149,000 |
| total current liabilities | 18,028,534 | 3,048,004 | 5,052,815 | 3,855,426 | 5,660,436 | 91,912,000 | 10,842,000 | 12,761,000 | 16,951,000 | 18,694,000 | 68,024,000 | 67,600,000 | 60,467,000 | 61,218,000 | 62,090,000 |
| loans | 501,918 | 11,510,202 | 1,332,627 | 712,425 | 169,594,000 | 165,052,000 | 68,446,000 | 69,804,000 | 76,090,000 | 107,400,000 | 119,000,000 | 124,200,000 | |||
| hp & lease commitments | 19,795 | 22,852 | 285,000 | 383,000 | 289,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 3,442,000 | 84,442,000 | |||||||||||||
| provisions | 422,000 | ||||||||||||||
| total long term liabilities | 19,795 | 501,918 | 11,533,054 | 1,332,627 | 712,425 | 3,442,000 | 84,442,000 | 84,797,000 | 82,526,000 | 34,223,000 | 34,902,000 | 39,590,000 | 53,700,000 | 59,500,000 | 62,311,000 |
| total liabilities | 18,048,329 | 3,549,922 | 16,585,869 | 5,188,053 | 6,372,861 | 95,354,000 | 95,284,000 | 97,558,000 | 99,477,000 | 52,917,000 | 102,926,000 | 107,190,000 | 114,167,000 | 120,718,000 | 124,401,000 |
| net assets | -1,407,687 | 1,427,107 | -2,861,128 | -1,977,095 | 1,818,426 | 69,809,000 | 106,903,000 | 168,170,000 | 167,223,000 | 169,025,000 | 116,142,000 | 115,687,000 | 116,741,000 | 116,316,000 | 117,711,000 |
| total shareholders funds | -1,407,687 | 1,427,107 | -2,861,128 | -1,977,095 | 1,818,426 | 69,809,000 | 106,903,000 | 168,170,000 | 167,223,000 | 169,025,000 | 116,142,000 | 115,687,000 | 116,741,000 | 116,316,000 | 117,711,000 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -3,682,921 | -54,922,653 | -33,685,000 | 3,215,000 | 3,587,000 | 1,632,000 | 3,484,000 | 2,734,000 | 1,611,000 | 2,863,000 | 203,000 | -2,844,000 | |||
| Depreciation | 13,745 | 18,623 | 34,566 | 1,467,000 | 1,633,000 | 1,732,000 | 2,369,000 | 1,683,000 | 1,804,000 | 3,689,000 | 2,077,000 | 4,227,000 | 2,382,000 | ||
| Amortisation | |||||||||||||||
| Tax | -947,671 | 385,000 | -247,000 | -471,000 | -22,000 | -476,000 | -392,000 | -657,000 | -666,000 | -212,000 | 741,000 | ||||
| Stock | -102,000 | -27,000 | -58,000 | 70,000 | 117,000 | 14,000 | -7,000 | 18,000 | -14,000 | 1,000 | 122,000 | ||||
| Debtors | 11,605,569 | -8,680,145 | 10,525,215 | -4,760,563 | -60,754,597 | -37,555,000 | -23,784,000 | 92,081,000 | 37,887,000 | 446,000 | 320,000 | 81,000 | -301,000 | -57,000 | 2,175,000 |
| Creditors | 89,212 | 65,481 | 458,618 | -424,625 | -4,722,054 | -685,000 | 4,423,000 | 687,000 | 1,553,000 | 195,000 | -240,000 | 160,000 | -719,000 | 613,000 | 1,203,000 |
| Accruals and Deferred Income | 1,650,397 | -2,070,292 | 738,771 | 1,569,426 | -84,479,321 | 81,755,000 | -214,000 | -1,987,000 | 6,380,000 | 57,000 | 159,000 | 3,142,000 | -32,000 | -539,000 | 3,149,000 |
| Deferred Taxes & Provisions | -422,000 | 422,000 | |||||||||||||
| Cash flow from operations | 2,222,443 | -84,215,102 | 86,819,000 | -88,603,000 | -26,092,000 | 4,483,000 | 3,752,000 | 7,846,000 | 3,838,000 | 3,926,000 | 2,756,000 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -35,691,000 | -89,786,000 | 125,477,000 | -3,162,000 | 128,600,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -2,949,811 | 2,949,811 | -227,000 | -2,325,000 | 2,552,000 | 2,113,000 | 500,000 | 3,825,000 | -1,000,000 | 1,000,000 | |||||
| Group/Directors Accounts | 13,233,516 | ||||||||||||||
| Other Short Term Loans | -871,000 | -729,000 | 1,600,000 | -51,818,000 | 51,818,000 | ||||||||||
| Long term loans | -501,918 | -11,008,284 | 10,177,575 | 620,202 | 712,425 | -169,594,000 | 4,542,000 | 165,052,000 | -1,358,000 | -6,286,000 | -31,310,000 | -11,600,000 | -5,200,000 | 124,200,000 | |
| Hire Purchase and Lease Commitments | 27,200 | -22,852 | 22,852 | -335,000 | -148,000 | 483,000 | 417,000 | ||||||||
| other long term liabilities | -3,442,000 | -81,000,000 | 84,442,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | -112,600 | -181,631 | -3,699,000 | -1,919,000 | -1,895,000 | -3,013,000 | -2,114,000 | -1,901,000 | -2,008,000 | -1,772,000 | -1,386,000 | -1,679,000 | |||
| cash flow from financing | -2,442,209 | -5,492,993 | -84,699,000 | -150,404,000 | -555,000 | 335,699,000 | -942,000 | -7,659,000 | -29,493,000 | -13,372,000 | -7,586,000 | 296,832,000 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 22,989 | -42,733 | 17,162 | -181,346 | -9,293,362 | 154,000 | -1,510,000 | -2,707,000 | 13,565,000 | 277,000 | -756,000 | 2,076,000 | 1,462,000 | 1,795,000 | 735,000 |
| overdraft | -4,980,000 | 214,000 | 4,766,000 | -5,000 | 5,000 | 6,000 | 54,000 | 4,920,000 | |||||||
| change in cash | 22,989 | -42,733 | 17,162 | -181,346 | -9,293,362 | 154,000 | 3,470,000 | -2,921,000 | 8,799,000 | 282,000 | -761,000 | 2,070,000 | 1,462,000 | 1,741,000 | -4,185,000 |
corus hotels limited Credit Report and Business Information
Corus Hotels Limited Competitor Analysis
Perform a competitor analysis for corus hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in HP4 area or any other competitors across 12 key performance metrics.
corus hotels limited Ownership
CORUS HOTELS LIMITED group structure
Corus Hotels Limited has 3 subsidiary companies.
Ultimate parent company
MALAYAN UNITED INDUSTRIES BERHAD
#0025907
2 parents
CORUS HOTELS LIMITED
00171238
3 subsidiaries
corus hotels limited directors
Corus Hotels Limited currently has 2 directors. The longest serving directors include Mr Andrew Khoo (Feb 2018) and Mr Khurram Mohmand (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Khoo | England | 52 years | Feb 2018 | - | Director |
| Mr Khurram Mohmand | United Kingdom | 52 years | Aug 2021 | - | Director |
P&L
June 2024turnover
1.6m
+55%
operating profit
-2.8m
0%
gross margin
64.2%
+1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-1.4m
-1.99%
total assets
16.6m
+2.34%
cash
24.7k
+13.36%
net assets
Total assets minus all liabilities
corus hotels limited company details
company number
00171238
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
November 1920
age
105
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
June 2024
previous names
corus hotels plc (January 2008)
corus & regal hotels plc (February 2004)
See moreaccountant
MHA
auditor
-
address
corus house traditional barn, rossway estate, rossway, berkhamsted, HP4 3TZ
Bank
BANK OF EAST ASIA LTD
Legal Advisor
-
corus 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 5 charges/mortgages relating to corus hotels limited. Currently there are 2 open charges and 3 have been satisfied in the past.
corus 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 CORUS HOTELS LIMITED. This can take several minutes, an email will notify you when this has completed.
corus hotels limited Companies House Filings - See Documents
| date | description | view/download |
|---|
