the station hotel (newcastle) limited

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the station hotel (newcastle) limited Company Information

Share THE STATION HOTEL (NEWCASTLE) LIMITED

Company Number

01958222

Directors

Aran Handa

Paul Williamson

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Shareholders

handa aran

arvan handa

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Group Structure

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Industry

Hotels and similar accommodation

 

Registered Address

31-40 west parade, newcastle upon tyne, NE4 7LB

the station hotel (newcastle) limited Estimated Valuation

£262m

Pomanda estimates the enterprise value of THE STATION HOTEL (NEWCASTLE) LIMITED at £262m based on a Turnover of £128.1m and 2.04x industry multiple (adjusted for size and gross margin).

the station hotel (newcastle) limited Estimated Valuation

£72.9m

Pomanda estimates the enterprise value of THE STATION HOTEL (NEWCASTLE) LIMITED at £72.9m based on an EBITDA of £8.9m and a 8.18x industry multiple (adjusted for size and gross margin).

the station hotel (newcastle) limited Estimated Valuation

£197.9m

Pomanda estimates the enterprise value of THE STATION HOTEL (NEWCASTLE) LIMITED at £197.9m based on Net Assets of £94.8m and 2.09x industry multiple (adjusted for liquidity).

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The Station Hotel (newcastle) Limited Overview

The Station Hotel (newcastle) Limited is a live company located in newcastle upon tyne, NE4 7LB with a Companies House number of 01958222. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 1985, it's largest shareholder is handa aran with a 35% stake. The Station Hotel (newcastle) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £128.1m with rapid growth in recent years.

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The Station Hotel (newcastle) Limited Health Check

Pomanda's financial health check has awarded The Station Hotel (Newcastle) Limited 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

2 Regular

positive_score

5 Weak

size

Size

annual sales of £128.1m, make it larger than the average company (£5.6m)

£128.1m - The Station Hotel (newcastle) Limited

£5.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (37.7%)

55% - The Station Hotel (newcastle) Limited

37.7% - Industry AVG

production

Production

with a gross margin of 43.9%, this company has a higher cost of product (64.4%)

43.9% - The Station Hotel (newcastle) Limited

64.4% - Industry AVG

profitability

Profitability

an operating margin of 1.9% make it less profitable than the average company (8.1%)

1.9% - The Station Hotel (newcastle) Limited

8.1% - Industry AVG

employees

Employees

with 2251 employees, this is above the industry average (87)

2251 - The Station Hotel (newcastle) Limited

87 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.7k, the company has an equivalent pay structure (£23.8k)

£21.7k - The Station Hotel (newcastle) Limited

£23.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £56.9k, this is less efficient (£69.6k)

£56.9k - The Station Hotel (newcastle) Limited

£69.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is near the average (7 days)

8 days - The Station Hotel (newcastle) Limited

7 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 28 days, this is quicker than average (44 days)

28 days - The Station Hotel (newcastle) Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (8 days)

3 days - The Station Hotel (newcastle) Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (6 weeks)

3 weeks - The Station Hotel (newcastle) Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66%, this is a lower level of debt than the average (74.1%)

66% - The Station Hotel (newcastle) Limited

74.1% - Industry AVG

THE STATION HOTEL (NEWCASTLE) LIMITED financials

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The Station Hotel (Newcastle) Limited's latest turnover from April 2024 is £128.1 million and the company has net assets of £94.8 million. According to their latest financial statements, The Station Hotel (Newcastle) Limited has 2,251 employees and maintains cash reserves of £10.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover128,126,000131,664,000109,424,00034,119,00091,223,00096,462,00093,919,00068,532,00052,718,00044,606,00040,606,00034,263,00029,891,00026,639,00025,488,839
Other Income Or Grants
Cost Of Sales71,887,00073,301,00063,140,00037,091,00056,230,00052,771,00050,995,00015,812,00012,523,0008,353,0007,875,0006,099,0005,016,0004,066,0003,941,922
Gross Profit56,239,00058,363,00046,284,000-2,972,00034,993,00043,691,00042,924,00052,720,00040,195,00036,253,00032,731,00028,164,00024,875,00022,573,00021,546,917
Admin Expenses53,823,00043,326,00029,902,0004,556,00061,053,00035,964,00037,808,00046,156,00034,524,00029,036,00027,575,00039,513,00022,244,00018,696,00017,543,194
Operating Profit2,416,00015,037,00016,382,000-7,528,000-26,060,0007,727,0005,116,0006,564,0005,671,0007,217,0005,156,000-11,349,0002,631,0003,877,0004,003,723
Interest Payable11,141,0008,363,0005,765,0004,753,0005,700,0004,920,0003,997,0002,887,0002,229,0002,628,0002,798,0002,409,0002,279,0001,769,0001,727,984
Interest Receivable304,000226,00017,138,0005,00017,0002,419
Pre-Tax Profit-7,257,00043,137,00010,831,000-12,281,000-31,760,0002,807,0001,119,0003,903,0004,179,00023,535,0002,358,000-13,758,000357,0002,125,0002,278,158
Tax2,239,000-1,744,000-8,637,0001,866,000-1,765,000-788,000-851,000-1,030,000251,000-1,363,000-560,0001,260,000-467,000-638,000-1,044,379
Profit After Tax-5,018,00041,393,0002,194,000-10,415,000-33,525,0002,019,000268,0002,873,0004,430,00022,172,0001,798,000-12,498,000-110,0001,487,0001,233,779
Dividends Paid
Retained Profit-5,018,00041,393,0002,194,000-10,415,000-33,525,0002,019,000268,0002,873,0004,430,00022,172,0001,798,000-12,498,000-110,0001,487,0001,233,779
Employee Costs48,947,00048,425,00040,966,00030,629,00036,786,00032,141,00030,831,00025,465,00018,220,00014,723,00013,751,00012,220,00010,401,0009,071,0009,176,919
Number Of Employees2,2512,3192,1241,7101,4841,4681,5341,531892830729728694537539
EBITDA*8,917,00021,825,00023,245,000-560,000-19,975,00013,226,00014,849,00014,231,00010,611,00010,058,0007,922,000-8,671,0005,094,0005,686,0005,672,301

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets237,230,000237,972,000261,192,000257,042,000258,558,000267,060,000251,943,000242,190,000171,106,000152,471,00073,096,00069,029,00081,103,00057,919,00055,070,164
Intangible Assets520,000772,0001,749,0002,163,0002,581,0003,345,0003,796,0004,337,00079,000129,000179,000
Investments & Other15,507,00014,343,000214,000
Debtors (Due After 1 year)26,150,00024,250,00024,000,00024,000,000187,000
Total Fixed Assets253,257,000253,087,000263,155,000285,355,000285,389,000294,405,000279,739,000246,714,000171,185,000152,600,00073,275,00069,029,00081,103,00057,919,00055,070,164
Stock & work in progress670,000671,000718,000504,000392,000517,000562,000473,000349,000281,000282,000243,000215,000212,000168,815
Trade Debtors2,817,0003,565,0003,268,000659,0001,591,0002,097,0002,654,0001,918,0001,346,0001,136,0001,534,0001,199,0001,339,0001,197,0001,274,640
Group Debtors3,886,0003,957,00019,972,0001,888,0003,056,0001,392,0002,657,0001,195,000934,0001,159,000
Misc Debtors7,001,0004,277,0003,240,0002,939,0004,025,0004,003,0004,456,0002,062,0001,215,000393,0002,011,0001,033,0001,012,0002,146,0002,135,957
Cash10,933,00021,914,00010,019,000983,000943,0002,410,0003,752,0002,302,000886,000799,000990,00010,0001,106,000204,0001,336,230
misc current assets
total current assets25,307,00034,384,00037,217,0006,973,00010,007,00010,419,00014,081,0007,950,0004,730,0003,768,0004,817,0002,485,0003,672,0003,759,0004,915,642
total assets278,564,000287,471,000300,372,000292,328,000295,396,000304,824,000293,820,000254,664,000175,915,000156,368,00078,092,00071,514,00084,775,00061,678,00059,985,806
Bank overdraft597,000
Bank loan131,560,000135,274,00012,440,0006,860,000158,615,0006,759,0002,092,00024,408,00027,547,0003,859,0003,613,697
Trade Creditors 5,645,0006,567,0005,460,0005,870,0008,429,0008,665,0008,008,0008,056,0004,108,0003,099,0003,947,0002,195,0001,940,0001,385,000947,581
Group/Directors Accounts37,0002,004,0003,488,0001,837,00034,000
other short term finances226,000963,000
hp & lease commitments
other current liabilities23,925,00020,965,00021,424,00017,429,00015,917,00010,917,00011,973,00010,544,0008,199,0005,199,0005,584,0004,835,0003,714,0002,815,0003,257,937
total current liabilities161,130,000162,806,00039,324,00030,159,00024,346,00019,582,000178,596,00018,600,00012,533,00016,057,00013,627,00035,523,00035,038,0008,093,0007,819,215
loans175,837,000187,905,000184,536,000167,392,000121,432,00056,828,00036,157,00053,126,00026,800,00026,533,00030,370,00030,404,760
hp & lease commitments
Accruals and Deferred Income780,000
other liabilities
provisions22,674,00024,887,00026,826,00018,073,00021,239,00019,050,00018,443,00018,119,00012,914,00014,164,000628,000278,0001,793,0001,694,0001,727,544
total long term liabilities22,674,00024,887,000202,663,000205,978,000205,775,000186,442,00018,443,000139,551,00069,742,00051,101,00053,754,00027,078,00028,326,00032,064,00032,132,304
total liabilities183,804,000187,693,000241,987,000236,137,000230,121,000206,024,000197,039,000158,151,00082,275,00067,158,00067,381,00062,601,00063,364,00040,157,00039,951,519
net assets94,760,00099,778,00058,385,00056,191,00065,275,00098,800,00096,781,00096,513,00093,640,00089,210,00010,711,0008,913,00021,411,00021,521,00020,034,287
total shareholders funds94,760,00099,778,00058,385,00056,191,00065,275,00098,800,00096,781,00096,513,00093,640,00089,210,00010,711,0008,913,00021,411,00021,521,00020,034,287
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit2,416,00015,037,00016,382,000-7,528,000-26,060,0007,727,0005,116,0006,564,0005,671,0007,217,0005,156,000-11,349,0002,631,0003,877,0004,003,723
Depreciation6,249,0006,469,0006,449,0006,550,0005,636,0005,499,0009,171,0007,395,0004,890,0002,791,0002,745,0002,678,0002,463,0001,809,0001,668,578
Amortisation252,000319,000414,000418,000449,000562,000272,00050,00050,00021,000
Tax2,239,000-1,744,000-8,637,0001,866,000-1,765,000-788,000-851,000-1,030,000251,000-1,363,000-560,0001,260,000-467,000-638,000-1,044,379
Stock-1,000-47,000214,000112,000-125,000-45,00089,000124,00068,000-1,00039,00028,0003,00043,185168,815
Debtors1,905,000-14,681,000-5,156,000-1,286,0001,430,000-2,275,00028,405,0001,867,000807,000-857,0001,313,000-119,000-992,000-67,5973,410,597
Creditors-922,0001,107,000-410,000-2,559,000-236,000657,000-48,0003,948,0001,009,000-848,0001,752,000255,000555,000437,419947,581
Accruals and Deferred Income2,960,000-459,0003,995,0001,512,0005,000,000-1,056,0001,429,0002,345,0002,220,000395,000749,0001,121,000899,000-442,9373,257,937
Deferred Taxes & Provisions-2,213,000-1,939,0008,753,000-3,166,0002,189,000607,000324,0005,205,000-1,250,00013,536,000350,000-1,515,00099,000-33,5441,727,544
Cash flow from operations9,077,00033,518,00031,888,000-1,733,000-16,092,00014,966,000-12,791,00022,708,00011,966,00022,636,0008,861,000-7,459,0007,169,0005,033,3506,981,572
Investing Activities
capital expenditure-20,733,000-44,380,000-74,543,000-23,524,000-9,582,000-7,352,000-5,435,000-6,083,000-5,008,000-2,213,092
Change in Investments1,164,00014,129,000214,000
cash flow from investments-1,164,000-14,129,000-214,000-20,733,000-44,380,000-74,543,000-23,524,000-9,582,000-7,352,000-5,435,000-6,083,000-5,008,000-2,213,092
Financing Activities
Bank loans-3,714,000122,834,0005,580,0006,860,000-158,615,000158,615,000-6,759,0004,667,000-22,316,000-3,139,00023,688,000245,3033,613,697
Group/Directors Accounts-37,000-1,967,000-1,484,0001,651,0001,803,00034,000
Other Short Term Loans -226,000-737,000963,000
Long term loans-175,837,000-12,068,0003,369,00017,144,000167,392,000-121,432,00064,604,00020,671,000-16,969,00026,326,000267,000-3,837,000-34,76030,404,760
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,331,00056,327,000-28718,800,508
interest-10,837,000-8,363,000-5,765,000-4,753,000-5,700,000-4,920,000-3,997,000-2,661,000-2,229,00014,510,000-2,798,000-2,409,000-2,274,000-1,752,000-1,725,565
cash flow from financing-14,551,000-61,366,000-12,253,0006,807,00011,444,0003,857,00033,186,00061,717,00010,909,00057,531,000-272,000-3,630,00019,380,000-1,507,74451,093,400
cash and cash equivalents
cash-10,981,00011,895,0009,036,00040,000-1,467,000-1,342,0001,450,0001,416,00087,000-191,000980,000-1,096,000902,000-1,132,2301,336,230
overdraft-597,000597,000
change in cash-10,981,00011,895,0009,036,00040,000-1,467,000-1,342,0001,450,0001,416,00087,000-191,0001,577,000-1,693,000902,000-1,132,2301,336,230

the station hotel (newcastle) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Station Hotel (newcastle) Limited Competitor Analysis

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Perform a competitor analysis for the station hotel (newcastle) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mega companies, companies in NE4 area or any other competitors across 12 key performance metrics.

the station hotel (newcastle) limited Ownership

THE STATION HOTEL (NEWCASTLE) LIMITED group structure

The Station Hotel (Newcastle) Limited has 11 subsidiary companies.

THE STATION HOTEL (NEWCASTLE) LIMITED Shareholders

handa aran 35%
arvan handa 35%
roshan lal handa 30%

the station hotel (newcastle) limited directors

The Station Hotel (Newcastle) Limited currently has 5 directors. The longest serving directors include Mr Aran Handa (Oct 1991) and Mr Paul Williamson (Jul 2021).

officercountryagestartendrole
Mr Aran Handa69 years Oct 1991- Director
Mr Paul WilliamsonUnited Kingdom68 years Jul 2021- Director
Mr Neeraj HandaEngland41 years May 2022- Director
Mr Nigel MillsEngland66 years Jun 2023- Director
Mr Aneil HandaEngland34 years Feb 2024- Director

P&L

April 2024

turnover

128.1m

-3%

operating profit

2.4m

-84%

gross margin

43.9%

-0.98%

turnover

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

Balance Sheet

April 2024

net assets

94.8m

-0.05%

total assets

278.6m

-0.03%

cash

10.9m

-0.5%

net assets

Total assets minus all liabilities

the station hotel (newcastle) limited company details

company number

01958222

Type

Private limited with Share Capital

industry

55100 - Hotels and similar accommodation

incorporation date

November 1985

age

40

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

April 2024

previous names

cairn (aberdeen) hotel limited (May 1993)

swift 1122 limited (June 1986)

accountant

-

auditor

BDO LLP

address

31-40 west parade, newcastle upon tyne, NE4 7LB

Bank

HSBC BANK PLC

Legal Advisor

MINCOFFS SOLICITORS LLP

the station hotel (newcastle) 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 49 charges/mortgages relating to the station hotel (newcastle) limited. Currently there are 46 open charges and 3 have been satisfied in the past.

the station hotel (newcastle) 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.

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the station hotel (newcastle) limited Companies House Filings - See Documents

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