select country inns ltd

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select country inns ltd Company Information

Share SELECT COUNTRY INNS LTD

Company Number

01675899

Shareholders

larasian ltd

Group Structure

View All

Industry

Public houses and bars

 

Registered Address

11 glasshouse studios, fryern court road, fordingbridge, SP6 1QX

select country inns ltd Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of SELECT COUNTRY INNS LTD at £5.2m based on a Turnover of £8m and 0.64x industry multiple (adjusted for size and gross margin).

select country inns ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SELECT COUNTRY INNS LTD at £0 based on an EBITDA of £-95.2k and a 4.2x industry multiple (adjusted for size and gross margin).

select country inns ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SELECT COUNTRY INNS LTD at £0 based on Net Assets of £-1.8m and 2.17x industry multiple (adjusted for liquidity).

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Select Country Inns Ltd Overview

Select Country Inns Ltd is a live company located in fordingbridge, SP6 1QX with a Companies House number of 01675899. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 1982, it's largest shareholder is larasian ltd with a 100% stake. Select Country Inns Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £8m with rapid growth in recent years.

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Select Country Inns Ltd Health Check

Pomanda's financial health check has awarded Select Country Inns Ltd a 3.5 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

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £8m, make it larger than the average company (£667.7k)

£8m - Select Country Inns Ltd

£667.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 532%, show it is growing at a faster rate (12%)

532% - Select Country Inns Ltd

12% - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a higher cost of product (59.1%)

41.6% - Select Country Inns Ltd

59.1% - Industry AVG

profitability

Profitability

an operating margin of -1.2% make it less profitable than the average company (6.4%)

-1.2% - Select Country Inns Ltd

6.4% - Industry AVG

employees

Employees

with 108 employees, this is above the industry average (15)

108 - Select Country Inns Ltd

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.9k, the company has an equivalent pay structure (£15.9k)

£15.9k - Select Country Inns Ltd

£15.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £74.3k, this is more efficient (£52.1k)

£74.3k - Select Country Inns Ltd

£52.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is later than average (8 days)

28 days - Select Country Inns Ltd

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 381 days, this is slower than average (50 days)

381 days - Select Country Inns Ltd

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Select Country Inns Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)

0 weeks - Select Country Inns Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 157.1%, this is a higher level of debt than the average (75.1%)

157.1% - Select Country Inns Ltd

75.1% - Industry AVG

SELECT COUNTRY INNS LTD financials

EXPORTms excel logo

Select Country Inns Ltd's latest turnover from December 2023 is estimated at £8 million and the company has net assets of -£1.8 million. According to their latest financial statements, we estimate that Select Country Inns Ltd has 108 employees and maintains cash reserves of £9.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,027,1064,310,87327,70031,79846,00022,04911,00111,99912,001251
Other Income Or Grants
Cost Of Sales4,686,0872,482,069
Gross Profit3,341,0191,828,80427,70031,79846,00022,04911,00111,99912,001251
Admin Expenses3,436,182-377,008520,3891,961,042127,371405,706143,847119,51258,22786,557200,325
Operating Profit-95,1632,205,812-492,689-1,929,244-81,371-383,657-132,846-107,513-46,226-86,306-200,325
Interest Payable
Interest Receivable533188
Pre-Tax Profit-94,6302,206,000-492,689-1,929,244-81,371-383,657-132,846-107,513-46,226-86,306-192,721
Tax-419,140-4,3634,543-3,015-12,376-5,673-49-2,540697-7,596
Profit After Tax-94,6301,786,860-497,052-1,924,701-84,386-396,033-138,519-107,562-48,766-85,609-200,317
Dividends Paid
Retained Profit-94,6301,786,860-497,052-1,924,701-84,386-396,033-138,519-107,562-48,766-85,609-200,317
Employee Costs1,712,4661,003,95513,76113,98830,75316,62315,66514,67714,10614,24715,071
Number Of Employees10867112111111
EBITDA*-95,1632,227,377-471,123-1,903,958-57,872-368,294-127,303-100,828-38,325-77,464-192,372

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,490,9132,490,0632,483,4982,457,6413,300,0772,462,1591,449,6631,234,3201,168,047959,336599,987
Intangible Assets
Investments & Other5045045045044044044441
Debtors (Due After 1 year)
Total Fixed Assets2,491,4172,490,5672,484,0022,458,1453,300,4812,462,5631,449,6671,234,3241,168,051959,337599,987
Stock & work in progress
Trade Debtors633,635286,55236,7141,6001,6001,1801,1801,180
Group Debtors232,747148,25786,471107,530256,172230,744119,39492,565
Misc Debtors3,4097,85870,50719,9545,73710,54015,89371,5605,535
Cash9,92410,3624005,11014,8451,58614,5531,9392,0632,1333,121
misc current assets1
total current assets643,559296,91440,523245,715235,209109,611129,000269,831249,880193,087101,222
total assets3,134,9762,787,4812,524,5252,703,8603,535,6902,572,1741,578,6671,504,1551,417,9311,152,424701,209
Bank overdraft
Bank loan
Trade Creditors 4,895,2204,453,09514,8134,48922,40039,28110,4307,39011,3354,41011,744
Group/Directors Accounts5,920,2125,646,7524,536,9673,475,6142,132,7261,927,6711,728,9641,423,656782,966
other short term finances
hp & lease commitments
other current liabilities41,97412,4046,8646,4491,0241,7612,7863,28699,121
total current liabilities4,895,2204,453,0955,976,9995,663,6454,566,2313,521,3442,144,1801,936,8221,743,0851,431,352893,831
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions30,37230,37230,37226,00930,55227,53715,1619,4889,4396,8997,596
total long term liabilities30,37230,37230,37226,00930,55227,53715,1619,4889,4396,8997,596
total liabilities4,925,5924,483,4676,007,3715,689,6544,596,7833,548,8812,159,3411,946,3101,752,5241,438,251901,427
net assets-1,790,616-1,695,986-3,482,846-2,985,794-1,061,093-976,707-580,674-442,155-334,593-285,827-200,218
total shareholders funds-1,790,616-1,695,986-3,482,846-2,985,794-1,061,093-976,707-580,674-442,155-334,593-285,827-200,218
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-95,1632,205,812-492,689-1,929,244-81,371-383,657-132,846-107,513-46,226-86,306-200,325
Depreciation21,56521,56625,28623,49915,3635,5436,6857,9018,8427,953
Amortisation
Tax-419,140-4,3634,543-3,015-12,376-5,673-49-2,540697-7,596
Stock
Debtors347,083246,429-200,48220,241112,339-6,422-153,44520,07556,86392,85498,100
Creditors442,1254,438,28210,324-17,911-16,88128,8513,040-3,9456,925-7,33411,744
Accruals and Deferred Income-41,97429,5705,5404155,425-737-1,025-500-95,83599,121
Deferred Taxes & Provisions4,363-4,5433,01512,3765,673492,540-6977,596
Cash flow from operations-1215,958,116-230,747-1,936,570-186,677-327,59628,445-125,873-88,763-273,487-179,607
Investing Activities
capital expenditure-850-28,130-47,423817,150-861,417-1,027,859-220,886-72,958-216,255-368,191-607,940
Change in Investments10040031
cash flow from investments-850-28,130-47,423817,050-861,417-1,028,259-220,886-72,958-216,258-368,192-607,940
Financing Activities
Bank loans
Group/Directors Accounts-5,920,212273,4601,109,7851,061,3531,342,888205,055198,707305,308640,690782,966
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue99
interest533188
cash flow from financing533-5,920,024273,4601,109,7851,061,3531,342,888205,055198,707305,308640,690783,065
cash and cash equivalents
cash-4389,962-4,710-9,73513,259-12,96712,614-124-70-9883,121
overdraft
change in cash-4389,962-4,710-9,73513,259-12,96712,614-124-70-9883,121

select country inns ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Select Country Inns Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for select country inns ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in SP6 area or any other competitors across 12 key performance metrics.

select country inns ltd Ownership

SELECT COUNTRY INNS LTD group structure

Select Country Inns Ltd has 4 subsidiary companies.

SELECT COUNTRY INNS LTD Shareholders

larasian ltd 100%

select country inns ltd directors

Select Country Inns Ltd currently has 2 directors. The longest serving directors include Mr Brian Currie (Apr 1991) and Mr Barry Robbins (Dec 2024).

officercountryagestartendrole
Mr Brian Currie79 years Apr 1991- Director
Mr Barry RobbinsEngland62 years Dec 2024- Director

P&L

December 2023

turnover

8m

+86%

operating profit

-95.2k

0%

gross margin

41.7%

-1.89%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-1.8m

+0.06%

total assets

3.1m

+0.12%

cash

9.9k

-0.04%

net assets

Total assets minus all liabilities

select country inns ltd company details

company number

01675899

Type

Private limited with Share Capital

industry

56302 - Public houses and bars

incorporation date

November 1982

age

43

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

corintech hybrids limited (January 2013)

accountant

PALMER WESSEX LIMITED

auditor

-

address

11 glasshouse studios, fryern court road, fordingbridge, SP6 1QX

Bank

-

Legal Advisor

-

select country inns ltd 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 select country inns ltd.

select country inns ltd 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.

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select country inns ltd Companies House Filings - See Documents

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