albermarle hotels limited
albermarle hotels limited Company Information
Company Number
02048477
Next Accounts
4374 days late
Industry
Hotels and similar accommodation
Directors
Shareholders
umesh ummat
mr julian hubert harvey
View AllGroup Structure
View All
Contact
Registered Address
5/7 ravensbourne road, bromley, kent, BR1 1HN
Website
brook-hotels.co.ukalbermarle hotels limited Estimated Valuation
Pomanda estimates the enterprise value of ALBERMARLE HOTELS LIMITED at £22m based on a Turnover of £16.3m and 1.35x industry multiple (adjusted for size and gross margin).
albermarle hotels limited Estimated Valuation
Pomanda estimates the enterprise value of ALBERMARLE HOTELS LIMITED at £8m based on an EBITDA of £1.4m and a 5.6x industry multiple (adjusted for size and gross margin).
albermarle hotels limited Estimated Valuation
Pomanda estimates the enterprise value of ALBERMARLE HOTELS LIMITED at £7.1m based on Net Assets of £3.1m and 2.26x industry multiple (adjusted for liquidity).
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Albermarle Hotels Limited Overview
Albermarle Hotels Limited is a live company located in kent, BR1 1HN with a Companies House number of 02048477. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in August 1986, it's largest shareholder is umesh ummat with a 90% stake. Albermarle Hotels Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.3m with unknown growth in recent years.
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Albermarle Hotels Limited Health Check
Pomanda's financial health check has awarded Albermarle Hotels Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £16.3m, make it larger than the average company (£3.2m)
£16.3m - Albermarle Hotels Limited
£3.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Albermarle Hotels Limited
- - Industry AVG
Production
with a gross margin of 47.4%, this company has a higher cost of product (61.4%)
47.4% - Albermarle Hotels Limited
61.4% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (6.6%)
7.3% - Albermarle Hotels Limited
6.6% - Industry AVG
Employees
with 494 employees, this is above the industry average (94)
494 - Albermarle Hotels Limited
94 - Industry AVG
Pay Structure
on an average salary of £11.1k, the company has a lower pay structure (£15.3k)
£11.1k - Albermarle Hotels Limited
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £32.9k, this is less efficient (£44.5k)
£32.9k - Albermarle Hotels Limited
£44.5k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (10 days)
15 days - Albermarle Hotels Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (57 days)
78 days - Albermarle Hotels Limited
57 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is more than average (10 days)
25 days - Albermarle Hotels Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (5 weeks)
1 weeks - Albermarle Hotels Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87%, this is a higher level of debt than the average (72.6%)
87% - Albermarle Hotels Limited
72.6% - Industry AVG
ALBERMARLE HOTELS LIMITED financials
Albermarle Hotels Limited's latest turnover from March 2011 is £16.3 million and the company has net assets of £3.1 million. According to their latest financial statements, Albermarle Hotels Limited has 494 employees and maintains cash reserves of £176.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Turnover | 16,252,855 | 16,061,054 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 8,545,102 | 8,297,758 |
| Gross Profit | 7,707,753 | 7,763,296 |
| Admin Expenses | 6,516,283 | 6,989,804 |
| Operating Profit | 1,191,470 | 773,492 |
| Interest Payable | 769,982 | 466,594 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 438,030 | 306,898 |
| Tax | 42,836 | -15,238 |
| Profit After Tax | 480,866 | 291,660 |
| Dividends Paid | 0 | 0 |
| Retained Profit | 480,866 | 291,660 |
| Employee Costs | 5,460,861 | 5,891,274 |
| Number Of Employees | 494 | 421 |
| EBITDA* | 1,432,720 | 1,043,158 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Tangible Assets | 19,201,503 | 18,833,242 |
| Intangible Assets | 1,291,630 | 1,090,105 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 20,493,133 | 19,923,347 |
| Stock & work in progress | 601,885 | 584,855 |
| Trade Debtors | 710,180 | 821,949 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 2,067,967 | 3,117,758 |
| Cash | 176,527 | 202,571 |
| misc current assets | 0 | 0 |
| total current assets | 3,556,559 | 4,727,133 |
| total assets | 24,049,692 | 24,650,480 |
| Bank overdraft | 453,372 | 427,737 |
| Bank loan | 617,193 | 442,736 |
| Trade Creditors | 1,827,806 | 2,507,234 |
| Group/Directors Accounts | 744,018 | 1,036,991 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 194,130 | 49,715 |
| other current liabilities | 2,150,448 | 2,278,853 |
| total current liabilities | 5,986,967 | 6,743,266 |
| loans | 14,713,617 | 15,166,014 |
| hp & lease commitments | 214,202 | 87,304 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 14,927,819 | 15,253,318 |
| total liabilities | 20,914,786 | 21,996,584 |
| net assets | 3,134,906 | 2,653,896 |
| total shareholders funds | 3,134,906 | 2,653,896 |
| Mar 2011 | Mar 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 1,191,470 | 773,492 |
| Depreciation | 113,373 | 113,811 |
| Amortisation | 127,877 | 155,855 |
| Tax | 42,836 | -15,238 |
| Stock | 17,030 | 584,855 |
| Debtors | -1,161,560 | 3,939,707 |
| Creditors | -679,428 | 2,507,234 |
| Accruals and Deferred Income | -128,405 | 2,278,853 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 1,812,253 | 1,289,445 |
| Investing Activities | ||
| capital expenditure | -636,432 | -6,085,370 |
| Change in Investments | 0 | 0 |
| cash flow from investments | -636,432 | -6,085,370 |
| Financing Activities | ||
| Bank loans | 174,457 | 442,736 |
| Group/Directors Accounts | -292,973 | 1,036,991 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | -452,397 | 15,166,014 |
| Hire Purchase and Lease Commitments | 271,313 | 137,019 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -769,982 | -466,594 |
| cash flow from financing | -1,069,438 | 18,678,402 |
| cash and cash equivalents | ||
| cash | -26,044 | 202,571 |
| overdraft | 25,635 | 427,737 |
| change in cash | -51,679 | -225,166 |
albermarle hotels limited Credit Report and Business Information
Albermarle Hotels Limited Competitor Analysis
Perform a competitor analysis for albermarle hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in BR1 area or any other competitors across 12 key performance metrics.
albermarle hotels limited Ownership
ALBERMARLE HOTELS LIMITED group structure
Albermarle Hotels Limited has 1 subsidiary company.
Ultimate parent company
ALBERMARLE HOTELS LIMITED
02048477
1 subsidiary
albermarle hotels limited directors
Albermarle Hotels Limited currently has 1 director, Mr Kyriacos Kimitri serving since Jan 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kyriacos Kimitri | United Kingdom | 61 years | Jan 2012 | - | Director |
P&L
March 2011turnover
16.3m
+1%
operating profit
1.2m
+54%
gross margin
47.5%
-1.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2011net assets
3.1m
+0.18%
total assets
24m
-0.02%
cash
176.5k
-0.13%
net assets
Total assets minus all liabilities
albermarle hotels limited company details
company number
02048477
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
August 1986
age
38
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2011
previous names
brook hotels limited (February 2012)
brook hotels plc (February 2004)
See moreaccountant
-
auditor
-
address
5/7 ravensbourne road, bromley, kent, BR1 1HN
Bank
SANTANDER BANK PLC
Legal Advisor
-
albermarle 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 27 charges/mortgages relating to albermarle hotels limited. Currently there are 4 open charges and 23 have been satisfied in the past.
albermarle 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.
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albermarle hotels limited Companies House Filings - See Documents
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