london britannia hotel limited
london britannia hotel limited Company Information
Company Number
00744379
Website
www.britanniahotels.comRegistered Address
corporate headquarters, scarsdale place, kensington, london, W8 5SY
Industry
Hotels and similar accommodation
Telephone
448712210191
Next Accounts Due
September 2025
Group Structure
View All
Directors
Eik Kwek3 Years
Shareholders
millennium hotels ltd 100%
london britannia hotel limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BRITANNIA HOTEL LIMITED at £84.3m based on a Turnover of £38.9m and 2.17x industry multiple (adjusted for size and gross margin).
london britannia hotel limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BRITANNIA HOTEL LIMITED at £58.6m based on an EBITDA of £6.5m and a 8.96x industry multiple (adjusted for size and gross margin).
london britannia hotel limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON BRITANNIA HOTEL LIMITED at £120.4m based on Net Assets of £61.4m and 1.96x industry multiple (adjusted for liquidity).
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London Britannia Hotel Limited Overview
London Britannia Hotel Limited is a live company located in kensington, W8 5SY with a Companies House number of 00744379. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 1962, it's largest shareholder is millennium hotels ltd with a 100% stake. London Britannia Hotel Limited is a mature, large sized company, Pomanda has estimated its turnover at £38.9m with rapid growth in recent years.
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London Britannia Hotel Limited Health Check
Pomanda's financial health check has awarded London Britannia Hotel Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £38.9m, make it larger than the average company (£5.5m)
£38.9m - London Britannia Hotel Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 154%, show it is growing at a faster rate (9.4%)
154% - London Britannia Hotel Limited
9.4% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (63.4%)
64.1% - London Britannia Hotel Limited
63.4% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (8.2%)
7.3% - London Britannia Hotel Limited
8.2% - Industry AVG
Employees
with 215 employees, this is above the industry average (81)
215 - London Britannia Hotel Limited
81 - Industry AVG
Pay Structure
on an average salary of £50.9k, the company has a higher pay structure (£24.2k)
£50.9k - London Britannia Hotel Limited
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £180.9k, this is more efficient (£74.4k)
£180.9k - London Britannia Hotel Limited
£74.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - London Britannia Hotel Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (44 days)
14 days - London Britannia Hotel Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is more than average (7 days)
9 days - London Britannia Hotel Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (6 weeks)
2 weeks - London Britannia Hotel Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.9%, this is a lower level of debt than the average (76.8%)
55.9% - London Britannia Hotel Limited
76.8% - Industry AVG
LONDON BRITANNIA HOTEL LIMITED financials
London Britannia Hotel Limited's latest turnover from December 2023 is £38.9 million and the company has net assets of £61.4 million. According to their latest financial statements, London Britannia Hotel Limited has 215 employees and maintains cash reserves of £3.1 million 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 38,903,000 | 32,731,000 | 9,320,000 | 2,361,000 | 4,506,000 | 4,943,000 | 24,593,000 | 24,360,000 | 25,788,000 | 24,976,000 | 24,069,000 | 25,709,000 | 21,853,000 | 20,716,000 | 18,765,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 13,960,000 | 13,101,000 | 4,364,000 | 2,944,000 | 6,302,000 | 3,071,000 | 8,363,000 | 8,539,000 | 8,426,000 | 8,280,000 | 7,955,000 | 7,584,000 | 6,608,000 | 6,457,000 | 6,350,000 |
| Gross Profit | 24,943,000 | 19,630,000 | 4,956,000 | -583,000 | -1,796,000 | 1,872,000 | 16,230,000 | 15,821,000 | 17,362,000 | 16,696,000 | 16,114,000 | 18,125,000 | 15,245,000 | 14,259,000 | 12,415,000 |
| Admin Expenses | 22,086,000 | 15,912,000 | 7,069,000 | 6,212,000 | 10,080,000 | 6,966,000 | 9,863,000 | 7,486,000 | 7,724,000 | 7,735,000 | 7,450,000 | 6,726,000 | 6,142,000 | 5,983,000 | 5,787,000 |
| Operating Profit | 2,857,000 | 3,718,000 | -2,113,000 | -6,795,000 | -11,876,000 | -5,094,000 | 6,367,000 | 8,335,000 | 9,638,000 | 8,961,000 | 8,664,000 | 11,399,000 | 9,103,000 | 8,276,000 | 6,628,000 |
| Interest Payable | 41,000 | 30,000 | 31,000 | 31,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 0 | 0 | 14,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,816,000 | 3,688,000 | -2,144,000 | -6,826,000 | -11,907,000 | -5,094,000 | 6,367,000 | 8,335,000 | 9,638,000 | 8,961,000 | 8,664,000 | 11,388,000 | 9,103,000 | 8,276,000 | 6,614,000 |
| Tax | -3,937,000 | 2,169,000 | 3,658,000 | -753,000 | 2,104,000 | 957,000 | -1,708,000 | -1,566,000 | -1,811,000 | -1,949,000 | -1,644,000 | -2,724,000 | -2,262,000 | -2,260,000 | -1,848,000 |
| Profit After Tax | -1,121,000 | 5,857,000 | 1,514,000 | -7,579,000 | -9,803,000 | -4,137,000 | 4,659,000 | 6,769,000 | 7,827,000 | 7,012,000 | 7,020,000 | 8,664,000 | 6,841,000 | 6,016,000 | 4,766,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 7,500,000 | 12,000,000 | 4,500,000 | 7,500,000 | 10,750,000 | 7,400,000 | 0 | 5,000,000 | 4,900,000 |
| Retained Profit | -1,121,000 | 5,857,000 | 1,514,000 | -7,579,000 | -9,803,000 | -4,137,000 | -2,841,000 | -5,231,000 | 3,327,000 | -488,000 | -3,730,000 | 1,264,000 | 6,841,000 | 1,016,000 | -134,000 |
| Employee Costs | 10,938,000 | 9,970,000 | 3,802,000 | 3,917,000 | 7,219,000 | 3,732,000 | 6,001,000 | 5,795,000 | 5,963,000 | 5,770,000 | 5,504,000 | 5,363,000 | 4,885,000 | 4,801,000 | 4,874,000 |
| Number Of Employees | 215 | 134 | 99 | 97 | 101 | 95 | 235 | 236 | 262 | 247 | 223 | 222 | 203 | 194 | 207 |
| EBITDA* | 6,538,000 | 7,291,000 | -1,603,000 | -2,763,000 | -10,210,000 | -4,266,000 | 7,294,000 | 9,317,000 | 10,633,000 | 9,974,000 | 9,685,000 | 12,506,000 | 10,260,000 | 9,484,000 | 7,992,000 |
* 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 127,066,000 | 129,965,000 | 134,145,000 | 132,451,000 | 136,481,000 | 105,787,000 | 84,855,000 | 86,817,000 | 85,467,000 | 85,939,000 | 86,735,000 | 87,116,000 | 86,230,000 | 86,918,000 | 87,915,000 |
| Intangible Assets | 1,116,000 | 837,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 128,182,000 | 130,802,000 | 134,145,000 | 132,451,000 | 136,481,000 | 105,787,000 | 84,855,000 | 86,817,000 | 85,467,000 | 85,939,000 | 86,735,000 | 87,116,000 | 86,230,000 | 86,918,000 | 87,915,000 |
| Stock & work in progress | 351,000 | 398,000 | 434,000 | 438,000 | 461,000 | 14,000 | 85,000 | 101,000 | 89,000 | 134,000 | 63,000 | 69,000 | 70,000 | 68,000 | 61,000 |
| Trade Debtors | 0 | 0 | 504,000 | 0 | 236,000 | 0 | 0 | 80,000 | 78,000 | 0 | 83,000 | 49,000 | 81,000 | 56,000 | 90,000 |
| Group Debtors | 6,890,000 | 0 | 1,787,000 | 1,787,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,000 | 2,034,000 | 0 | 0 |
| Misc Debtors | 640,000 | 1,745,000 | 19,361,000 | 4,283,000 | 2,303,000 | 464,000 | 892,000 | 788,000 | 688,000 | 607,000 | 689,000 | 533,000 | 543,000 | 462,000 | 340,000 |
| Cash | 3,147,000 | 1,689,000 | 160,000 | 2,519,000 | 144,000 | 4,000 | 409,000 | 766,000 | 7,267,000 | 2,966,000 | 1,746,000 | 642,000 | 530,000 | 221,000 | 270,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,028,000 | 3,832,000 | 22,246,000 | 9,027,000 | 3,144,000 | 482,000 | 1,386,000 | 1,735,000 | 8,122,000 | 3,707,000 | 2,581,000 | 1,339,000 | 3,258,000 | 807,000 | 761,000 |
| total assets | 139,210,000 | 134,634,000 | 156,391,000 | 141,478,000 | 139,625,000 | 106,269,000 | 86,241,000 | 88,552,000 | 93,589,000 | 89,646,000 | 89,316,000 | 88,455,000 | 89,488,000 | 87,725,000 | 88,676,000 |
| Bank overdraft | 0 | 1,424,000 | 2,261,000 | 0 | 0 | 27,347,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 728,000 | 728,000 | 38,440,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 544,000 | 1,692,000 | 2,569,000 | 3,171,000 | 1,995,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 61,124,000 | 61,149,000 | 79,244,000 | 72,490,000 | 24,954,000 | 4,320,000 | 5,188,000 | 2,942,000 | 5,356,000 | 4,553,000 | 2,947,000 | 0 | 1,833,000 | 1,809,000 | 8,650,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,876,000 | 6,604,000 | 11,208,000 | 6,973,000 | 9,290,000 | 1,765,000 | 3,861,000 | 5,522,000 | 2,743,000 | 2,686,000 | 3,355,000 | 1,374,000 | 1,593,000 | 1,607,000 | 1,426,000 |
| total current liabilities | 72,544,000 | 70,869,000 | 96,010,000 | 83,362,000 | 74,681,000 | 33,432,000 | 9,049,000 | 8,464,000 | 8,099,000 | 7,239,000 | 6,302,000 | 1,374,000 | 3,426,000 | 3,416,000 | 10,076,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,821,000 | 0 |
| hp & lease commitments | 1,173,000 | 870,000 | 873,000 | 875,000 | 877,000 | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,140,000 | 421,000 | 2,891,000 | 2,138,000 | 1,385,000 | 352,000 | 572,000 | 629,000 | 803,000 | 1,052,000 | 1,678,000 | 2,018,000 | 2,263,000 | 2,521,000 | 2,693,000 |
| total long term liabilities | 5,313,000 | 1,291,000 | 3,764,000 | 3,013,000 | 2,262,000 | 352,000 | 572,000 | 629,000 | 803,000 | 1,052,000 | 1,678,000 | 2,018,000 | 2,263,000 | 7,342,000 | 2,693,000 |
| total liabilities | 77,857,000 | 72,160,000 | 99,774,000 | 86,375,000 | 76,943,000 | 33,784,000 | 9,621,000 | 9,093,000 | 8,902,000 | 8,291,000 | 7,980,000 | 3,392,000 | 5,689,000 | 10,758,000 | 12,769,000 |
| net assets | 61,353,000 | 62,474,000 | 56,617,000 | 55,103,000 | 62,682,000 | 72,485,000 | 76,620,000 | 79,459,000 | 84,687,000 | 81,355,000 | 81,336,000 | 85,063,000 | 83,799,000 | 76,967,000 | 75,907,000 |
| total shareholders funds | 61,353,000 | 62,474,000 | 56,617,000 | 55,103,000 | 62,682,000 | 72,485,000 | 76,620,000 | 79,459,000 | 84,687,000 | 81,355,000 | 81,336,000 | 85,063,000 | 83,799,000 | 76,967,000 | 75,907,000 |
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,857,000 | 3,718,000 | -2,113,000 | -6,795,000 | -11,876,000 | -5,094,000 | 6,367,000 | 8,335,000 | 9,638,000 | 8,961,000 | 8,664,000 | 11,399,000 | 9,103,000 | 8,276,000 | 6,628,000 |
| Depreciation | 3,681,000 | 3,573,000 | 510,000 | 4,032,000 | 1,666,000 | 828,000 | 927,000 | 982,000 | 995,000 | 1,013,000 | 1,021,000 | 1,107,000 | 1,157,000 | 1,208,000 | 1,364,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,937,000 | 2,169,000 | 3,658,000 | -753,000 | 2,104,000 | 957,000 | -1,708,000 | -1,566,000 | -1,811,000 | -1,949,000 | -1,644,000 | -2,724,000 | -2,262,000 | -2,260,000 | -1,848,000 |
| Stock | -47,000 | -36,000 | -4,000 | -23,000 | 447,000 | -71,000 | -16,000 | 12,000 | -45,000 | 71,000 | -6,000 | -1,000 | 2,000 | 7,000 | 61,000 |
| Debtors | 5,785,000 | -19,907,000 | 15,582,000 | 3,531,000 | 2,075,000 | -428,000 | 24,000 | 102,000 | 159,000 | -165,000 | 144,000 | -2,030,000 | 2,140,000 | 88,000 | 430,000 |
| Creditors | -1,148,000 | -877,000 | -602,000 | 1,176,000 | 1,995,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,272,000 | -4,604,000 | 4,235,000 | -2,317,000 | 7,525,000 | -2,096,000 | -1,661,000 | 2,779,000 | 57,000 | -669,000 | 1,981,000 | -219,000 | -14,000 | 181,000 | 1,426,000 |
| Deferred Taxes & Provisions | 3,719,000 | -2,470,000 | 753,000 | 753,000 | 1,033,000 | -220,000 | -57,000 | -174,000 | -249,000 | -626,000 | -340,000 | -245,000 | -258,000 | -172,000 | 2,693,000 |
| Cash flow from operations | 3,706,000 | 21,452,000 | -9,137,000 | -7,412,000 | -75,000 | -5,126,000 | 3,860,000 | 10,242,000 | 8,516,000 | 6,824,000 | 9,544,000 | 11,349,000 | 5,584,000 | 7,138,000 | 9,772,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | -728,000 | 0 | -37,712,000 | 38,440,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -25,000 | -18,095,000 | 6,754,000 | 47,536,000 | 20,634,000 | -868,000 | 2,246,000 | -2,414,000 | 803,000 | 1,606,000 | 2,947,000 | -1,833,000 | 24,000 | -6,841,000 | 8,650,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,821,000 | 4,821,000 | 0 |
| Hire Purchase and Lease Commitments | 303,000 | -3,000 | -2,000 | -4,000 | 879,000 | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | -41,000 | -30,000 | -31,000 | -31,000 | -31,000 | 0 | 0 | 0 | 0 | 0 | 0 | -11,000 | 0 | 0 | -14,000 |
| cash flow from financing | 237,000 | -18,856,000 | 6,721,000 | 9,789,000 | 59,922,000 | -866,000 | 2,248,000 | -2,411,000 | 808,000 | 2,113,000 | 2,950,000 | -1,844,000 | -4,806,000 | -1,976,000 | 84,677,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,458,000 | 1,529,000 | -2,359,000 | 2,375,000 | 140,000 | -405,000 | -357,000 | -6,501,000 | 4,301,000 | 1,220,000 | 1,104,000 | 112,000 | 309,000 | -49,000 | 270,000 |
| overdraft | -1,424,000 | -837,000 | 2,261,000 | 0 | -27,347,000 | 27,347,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,882,000 | 2,366,000 | -4,620,000 | 2,375,000 | 27,487,000 | -27,752,000 | -357,000 | -6,501,000 | 4,301,000 | 1,220,000 | 1,104,000 | 112,000 | 309,000 | -49,000 | 270,000 |
london britannia hotel limited Credit Report and Business Information
London Britannia Hotel Limited Competitor Analysis
Perform a competitor analysis for london britannia hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in W 8 area or any other competitors across 12 key performance metrics.
london britannia hotel limited Ownership
LONDON BRITANNIA HOTEL LIMITED group structure
London Britannia Hotel Limited has no subsidiary companies.
Ultimate parent company
HONG LEONG INVESTMENT HOLDINGS PTE LTD
#0015335
2 parents
LONDON BRITANNIA HOTEL LIMITED
00744379
london britannia hotel limited directors
London Britannia Hotel Limited currently has 1 director, Mr Eik Kwek serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eik Kwek | England | 43 years | Dec 2020 | - | Director |
P&L
December 2023turnover
38.9m
+19%
operating profit
2.9m
-23%
gross margin
64.2%
+6.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
61.4m
-0.02%
total assets
139.2m
+0.03%
cash
3.1m
+0.86%
net assets
Total assets minus all liabilities
london britannia hotel limited company details
company number
00744379
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 1962
age
62
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
europa hotel (london) limited (November 1989)
accountant
-
auditor
-
address
corporate headquarters, scarsdale place, kensington, london, W8 5SY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
london britannia 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 4 charges/mortgages relating to london britannia hotel limited. Currently there are 0 open charges and 4 have been satisfied in the past.
london britannia hotel limited Companies House Filings - See Documents
| date | description | view/download |
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