copthorne hotel (newcastle) limited
copthorne hotel (newcastle) limited Company Information
Company Number
02111218
Registered Address
corporate headquarters, scarsdale place, kensington, london, W8 5SY
Industry
Hotels and similar accommodation
Telephone
01293772288
Next Accounts Due
September 2024
Group Structure
View All
Directors
Eik Kwek3 Years
Shareholders
copthorne hotel holdings ltd 95.7%
mrs daphne cooke 1.5%
View Allcopthorne hotel (newcastle) limited Estimated Valuation
Pomanda estimates the enterprise value of COPTHORNE HOTEL (NEWCASTLE) LIMITED at £4.8m based on a Turnover of £4.3m and 1.11x industry multiple (adjusted for size and gross margin).
copthorne hotel (newcastle) limited Estimated Valuation
Pomanda estimates the enterprise value of COPTHORNE HOTEL (NEWCASTLE) LIMITED at £2.1m based on an EBITDA of £494k and a 4.34x industry multiple (adjusted for size and gross margin).
copthorne hotel (newcastle) limited Estimated Valuation
Pomanda estimates the enterprise value of COPTHORNE HOTEL (NEWCASTLE) LIMITED at £19.1m based on Net Assets of £10m and 1.91x industry multiple (adjusted for liquidity).
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Copthorne Hotel (newcastle) Limited Overview
Copthorne Hotel (newcastle) Limited is a live company located in kensington, W8 5SY with a Companies House number of 02111218. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 1987, it's largest shareholder is copthorne hotel holdings ltd with a 95.7% stake. Copthorne Hotel (newcastle) Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.3m with low growth in recent years.
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Copthorne Hotel (newcastle) Limited Health Check
Pomanda's financial health check has awarded Copthorne Hotel (Newcastle) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £4.3m, make it in line with the average company (£3.9m)
£4.3m - Copthorne Hotel (newcastle) Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a faster rate (-2.9%)
- Copthorne Hotel (newcastle) Limited
-2.9% - Industry AVG
Production
with a gross margin of 51.1%, this company has a comparable cost of product (60.6%)
51.1% - Copthorne Hotel (newcastle) Limited
60.6% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (7.6%)
4% - Copthorne Hotel (newcastle) Limited
7.6% - Industry AVG
Employees
with 84 employees, this is above the industry average (68)
84 - Copthorne Hotel (newcastle) Limited
68 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£22.3k)
£18.9k - Copthorne Hotel (newcastle) Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £51.3k, this is less efficient (£64.6k)
£51.3k - Copthorne Hotel (newcastle) Limited
£64.6k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (10 days)
2 days - Copthorne Hotel (newcastle) Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (49 days)
0 days - Copthorne Hotel (newcastle) Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (8 days)
5 days - Copthorne Hotel (newcastle) Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (7 weeks)
67 weeks - Copthorne Hotel (newcastle) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.4%, this is a lower level of debt than the average (78.7%)
20.4% - Copthorne Hotel (newcastle) Limited
78.7% - Industry AVG
copthorne hotel (newcastle) limited Credit Report and Business Information
Copthorne Hotel (newcastle) Limited Competitor Analysis
Perform a competitor analysis for copthorne hotel (newcastle) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
copthorne hotel (newcastle) limited Ownership
COPTHORNE HOTEL (NEWCASTLE) LIMITED group structure
Copthorne Hotel (Newcastle) Limited has no subsidiary companies.
Ultimate parent company
HONG LEONG INVESTMENT HOLDINGS PTE LTD
#0015335
2 parents
COPTHORNE HOTEL (NEWCASTLE) LIMITED
02111218
copthorne hotel (newcastle) limited directors
Copthorne Hotel (Newcastle) Limited currently has 1 director, Mr Eik Kwek serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eik Kwek | United Kingdom | 42 years | Dec 2020 | - | Director |
COPTHORNE HOTEL (NEWCASTLE) LIMITED financials
Copthorne Hotel (Newcastle) Limited's latest turnover from December 2022 is £4.3 million and the company has net assets of £10 million. According to their latest financial statements, Copthorne Hotel (Newcastle) Limited has 84 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 4,311,000 | 2,948,000 | 1,260,000 | 4,276,000 | 4,176,000 | 4,077,000 | 4,036,000 | 4,338,000 | 4,275,000 | 4,409,000 | 4,531,000 | 4,755,000 | 5,090,000 | 5,319,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,107,000 | 1,363,000 | 863,000 | 2,117,000 | 1,996,000 | 1,967,000 | 1,900,000 | 1,947,000 | 1,917,000 | 2,059,000 | 2,116,000 | 2,264,000 | 2,300,000 | 2,374,000 |
| Gross Profit | 2,204,000 | 1,585,000 | 397,000 | 2,159,000 | 2,180,000 | 2,110,000 | 2,136,000 | 2,391,000 | 2,358,000 | 2,350,000 | 2,415,000 | 2,491,000 | 2,790,000 | 2,945,000 |
| Admin Expenses | 2,031,000 | 1,666,000 | 1,336,000 | 2,031,000 | 2,055,000 | 2,805,000 | 1,893,000 | 1,919,000 | 1,728,000 | 2,060,000 | 2,252,000 | 2,200,000 | 2,256,000 | 2,339,000 |
| Operating Profit | 173,000 | -81,000 | -939,000 | 128,000 | 125,000 | -695,000 | 243,000 | 472,000 | 630,000 | 290,000 | 163,000 | 291,000 | 534,000 | 606,000 |
| Interest Payable | 29,000 | 15,000 | 18,000 | 25,000 | 23,000 | 19,000 | 21,000 | 27,000 | 19,000 | 25,000 | 25,000 | 29,000 | 31,000 | 52,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 144,000 | -96,000 | -957,000 | 103,000 | 102,000 | -714,000 | 222,000 | 445,000 | 611,000 | 265,000 | 138,000 | 262,000 | 503,000 | 554,000 |
| Tax | -102,000 | -438,000 | 74,000 | -60,000 | 5,000 | 128,000 | -60,000 | -122,000 | -126,000 | -50,000 | -37,000 | -75,000 | -133,000 | -150,000 |
| Profit After Tax | 42,000 | -534,000 | -883,000 | 43,000 | 107,000 | -586,000 | 162,000 | 323,000 | 485,000 | 215,000 | 101,000 | 187,000 | 370,000 | 404,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,000 | 34,000 | 62,000 | 123,000 | 135,000 | 164,000 |
| Retained Profit | 42,000 | -534,000 | -883,000 | 43,000 | 107,000 | -586,000 | 162,000 | 323,000 | 413,000 | 181,000 | 39,000 | 64,000 | 235,000 | 240,000 |
| Employee Costs | 1,584,000 | 1,117,000 | 869,000 | 1,532,000 | 1,512,000 | 1,486,000 | 1,401,000 | 1,449,000 | 1,458,000 | 1,418,000 | 1,469,000 | 1,439,000 | 1,422,000 | 1,508,000 |
| Number Of Employees | 84 | 40 | 47 | 92 | 85 | 76 | 77 | 79 | 77 | 77 | 70 | 82 | 84 | 85 |
| EBITDA* | 494,000 | 228,000 | -630,000 | 440,000 | 428,000 | -395,000 | 533,000 | 746,000 | 889,000 | 517,000 | 369,000 | 509,000 | 773,000 | 863,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 10,991,000 | 11,020,000 | 11,204,000 | 11,426,000 | 11,486,000 | 11,700,000 | 12,722,000 | 12,853,000 | 12,986,000 | 12,955,000 | 12,599,000 | 12,538,000 | 12,697,000 | 12,915,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 21,000 | 108,000 | 546,000 | 537,000 | 532,000 | 472,000 | 292,000 | 283,000 | 289,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 344,000 | 344,000 | 344,000 | 0 |
| Total Fixed Assets | 11,012,000 | 11,128,000 | 11,750,000 | 11,963,000 | 12,018,000 | 12,172,000 | 13,014,000 | 13,136,000 | 13,275,000 | 12,955,000 | 12,943,000 | 12,882,000 | 13,041,000 | 12,915,000 |
| Stock & work in progress | 31,000 | 31,000 | 13,000 | 15,000 | 28,000 | 16,000 | 23,000 | 18,000 | 25,000 | 17,000 | 22,000 | 23,000 | 32,000 | 36,000 |
| Trade Debtors | 29,000 | 0 | 0 | 21,000 | 28,000 | 36,000 | 31,000 | 24,000 | 4,000 | 6,000 | 10,000 | 25,000 | 39,000 | 11,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 50,000 | 50,000 | 394,000 |
| Misc Debtors | 88,000 | 81,000 | 50,000 | 115,000 | 147,000 | 157,000 | 146,000 | 137,000 | 137,000 | 133,000 | 88,000 | 130,000 | 149,000 | 108,000 |
| Cash | 1,393,000 | 1,224,000 | 699,000 | 1,803,000 | 1,648,000 | 1,329,000 | 987,000 | 679,000 | 182,000 | 550,000 | 144,000 | 64,000 | 70,000 | 78,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,541,000 | 1,336,000 | 762,000 | 1,954,000 | 1,851,000 | 1,538,000 | 1,187,000 | 858,000 | 348,000 | 706,000 | 314,000 | 292,000 | 340,000 | 627,000 |
| total assets | 12,553,000 | 12,464,000 | 12,512,000 | 13,917,000 | 13,869,000 | 13,710,000 | 14,201,000 | 13,994,000 | 13,623,000 | 13,661,000 | 13,257,000 | 13,174,000 | 13,381,000 | 13,542,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,000 | 14,000 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 479,000 | 487,000 | 348,000 | 297,000 | 359,000 | 412,000 | 289,000 | 412,000 | 305,000 | 536,000 | 3,000 | 462,000 | 464,000 | 3,034,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 598,000 | 532,000 | 162,000 | 772,000 | 705,000 | 602,000 | 631,000 | 465,000 | 525,000 | 520,000 | 412,000 | 255,000 | 263,000 | 298,000 |
| total current liabilities | 1,080,000 | 1,033,000 | 547,000 | 1,069,000 | 1,064,000 | 1,014,000 | 920,000 | 877,000 | 830,000 | 1,056,000 | 415,000 | 717,000 | 727,000 | 3,332,000 |
| loans | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,975,000 | 2,367,000 | 1,988,000 | 2,218,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 291,000 | 317,000 | 350,000 | 381,000 | 398,000 |
| total long term liabilities | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 1,480,000 | 2,266,000 | 2,684,000 | 2,338,000 | 2,599,000 | 398,000 |
| total liabilities | 2,560,000 | 2,513,000 | 2,027,000 | 2,549,000 | 2,544,000 | 2,494,000 | 2,400,000 | 2,357,000 | 2,310,000 | 3,322,000 | 3,099,000 | 3,055,000 | 3,326,000 | 3,730,000 |
| net assets | 9,993,000 | 9,951,000 | 10,485,000 | 11,368,000 | 11,325,000 | 11,216,000 | 11,801,000 | 11,637,000 | 11,313,000 | 10,339,000 | 10,158,000 | 10,119,000 | 10,055,000 | 9,812,000 |
| total shareholders funds | 9,993,000 | 9,951,000 | 10,485,000 | 11,368,000 | 11,325,000 | 11,216,000 | 11,801,000 | 11,637,000 | 11,313,000 | 10,339,000 | 10,158,000 | 10,119,000 | 10,055,000 | 9,812,000 |
| 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 | 173,000 | -81,000 | -939,000 | 128,000 | 125,000 | -695,000 | 243,000 | 472,000 | 630,000 | 290,000 | 163,000 | 291,000 | 534,000 | 606,000 |
| Depreciation | 321,000 | 309,000 | 309,000 | 312,000 | 303,000 | 300,000 | 290,000 | 274,000 | 259,000 | 227,000 | 206,000 | 218,000 | 239,000 | 257,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -102,000 | -438,000 | 74,000 | -60,000 | 5,000 | 128,000 | -60,000 | -122,000 | -126,000 | -50,000 | -37,000 | -75,000 | -133,000 | -150,000 |
| Stock | 0 | 18,000 | -2,000 | -13,000 | 12,000 | -7,000 | 5,000 | -7,000 | 8,000 | -5,000 | -1,000 | -9,000 | -4,000 | 36,000 |
| Debtors | 36,000 | 31,000 | -86,000 | -39,000 | -18,000 | 16,000 | 16,000 | 20,000 | 2,000 | -353,000 | -57,000 | -33,000 | 69,000 | 513,000 |
| Creditors | -11,000 | -23,000 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 66,000 | 370,000 | -610,000 | 67,000 | 103,000 | -29,000 | 166,000 | -60,000 | 5,000 | 108,000 | 157,000 | -8,000 | -35,000 | 298,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -291,000 | -26,000 | -33,000 | -31,000 | -17,000 | 398,000 |
| Cash flow from operations | 411,000 | 88,000 | -1,041,000 | 499,000 | 542,000 | -305,000 | 618,000 | 551,000 | 467,000 | 907,000 | 514,000 | 437,000 | 523,000 | 860,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | -67,000 | |||||||||||||
| Change in Investments | -87,000 | -438,000 | 9,000 | 5,000 | 60,000 | 180,000 | 9,000 | -6,000 | 289,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -67,000 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -8,000 | 139,000 | 51,000 | -62,000 | -53,000 | 123,000 | -123,000 | 107,000 | -231,000 | 533,000 | -459,000 | -2,000 | -2,570,000 | 3,034,000 |
| Other Short Term Loans | 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 | -495,000 | -392,000 | 379,000 | -230,000 | 2,218,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 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 |
| share issue | ||||||||||||||
| interest | -29,000 | -15,000 | -18,000 | -25,000 | -23,000 | -19,000 | -21,000 | -27,000 | -19,000 | -25,000 | -25,000 | -29,000 | -31,000 | -52,000 |
| cash flow from financing | -37,000 | 124,000 | 33,000 | -87,000 | -74,000 | 105,000 | -142,000 | 81,000 | -184,000 | 116,000 | -105,000 | -261,000 | -375,000 | 12,554,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 169,000 | 525,000 | -1,104,000 | 155,000 | 319,000 | 342,000 | 308,000 | 497,000 | -368,000 | 406,000 | 80,000 | -6,000 | -8,000 | 78,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 169,000 | 525,000 | -1,104,000 | 155,000 | 319,000 | 342,000 | 308,000 | 497,000 | -368,000 | 406,000 | 80,000 | -6,000 | -8,000 | 78,000 |
P&L
December 2022turnover
4.3m
+46%
operating profit
173k
-314%
gross margin
51.2%
-4.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
10m
0%
total assets
12.6m
+0.01%
cash
1.4m
+0.14%
net assets
Total assets minus all liabilities
copthorne hotel (newcastle) limited company details
company number
02111218
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
March 1987
age
37
accounts
Full Accounts
ultimate parent company
previous names
close gate developments limited (June 1989)
stretchalert limited (June 1987)
incorporated
UK
address
corporate headquarters, scarsdale place, kensington, london, W8 5SY
last accounts submitted
December 2022
copthorne 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 6 charges/mortgages relating to copthorne hotel (newcastle) limited. Currently there are 2 open charges and 4 have been satisfied in the past.
copthorne hotel (newcastle) limited Companies House Filings - See Documents
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