claremont house lodgings limited
claremont house lodgings limited Company Information
Company Number
02368653
Next Accounts
187 days late
Industry
Other accommodation
Shareholders
mrs jayne watson
mr nigel watson
Group Structure
View All
Contact
Registered Address
leonard curtis house, elms square, bury new road, manchester, M45 7TA
Website
www.claremonthouse.infoclaremont house lodgings limited Estimated Valuation
Pomanda estimates the enterprise value of CLAREMONT HOUSE LODGINGS LIMITED at £53.3k based on a Turnover of £53.6k and 0.99x industry multiple (adjusted for size and gross margin).
claremont house lodgings limited Estimated Valuation
Pomanda estimates the enterprise value of CLAREMONT HOUSE LODGINGS LIMITED at £2.5m based on an EBITDA of £513k and a 4.92x industry multiple (adjusted for size and gross margin).
claremont house lodgings limited Estimated Valuation
Pomanda estimates the enterprise value of CLAREMONT HOUSE LODGINGS LIMITED at £879.4k based on Net Assets of £436.2k and 2.02x industry multiple (adjusted for liquidity).
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Claremont House Lodgings Limited Overview
Claremont House Lodgings Limited is a live company located in manchester, M45 7TA with a Companies House number of 02368653. It operates in the other accommodation sector, SIC Code 55900. Founded in April 1989, it's largest shareholder is mrs jayne watson with a 90% stake. Claremont House Lodgings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £53.6k with declining growth in recent years.
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Claremont House Lodgings Limited Health Check
Pomanda's financial health check has awarded Claremont House Lodgings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £53.6k, make it smaller than the average company (£839.4k)
- Claremont House Lodgings Limited
£839.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (3%)
- Claremont House Lodgings Limited
3% - Industry AVG
Production
with a gross margin of 45.7%, this company has a comparable cost of product (45.7%)
- Claremont House Lodgings Limited
45.7% - Industry AVG
Profitability
an operating margin of 956.6% make it more profitable than the average company (5.4%)
- Claremont House Lodgings Limited
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Claremont House Lodgings Limited
16 - Industry AVG
Pay Structure
on an average salary of £22.8k, the company has an equivalent pay structure (£22.8k)
- Claremont House Lodgings Limited
£22.8k - Industry AVG
Efficiency
resulting in sales per employee of £53.6k, this is equally as efficient (£53.6k)
- Claremont House Lodgings Limited
£53.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Claremont House Lodgings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Claremont House Lodgings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Claremont House Lodgings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 177 weeks, this is more cash available to meet short term requirements (89 weeks)
177 weeks - Claremont House Lodgings Limited
89 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.6%, this is a similar level of debt than the average (36.3%)
33.6% - Claremont House Lodgings Limited
36.3% - Industry AVG
CLAREMONT HOUSE LODGINGS LIMITED financials
Claremont House Lodgings Limited's latest turnover from September 2022 is estimated at £53.6 thousand and the company has net assets of £436.2 thousand. According to their latest financial statements, Claremont House Lodgings Limited has 1 employee and maintains cash reserves of £656.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 66,119 | 68,193 | |||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||
| Cost Of Sales | 3,315 | 3,274 | |||||||||||
| Gross Profit | 62,804 | 64,919 | |||||||||||
| Admin Expenses | 29,731 | 61,301 | |||||||||||
| Operating Profit | 33,073 | 3,618 | |||||||||||
| Interest Payable | 1,353 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | |||||||||||
| Pre-Tax Profit | 31,720 | 3,618 | |||||||||||
| Tax | -6,812 | -296 | |||||||||||
| Profit After Tax | 24,908 | 3,322 | |||||||||||
| Dividends Paid | 6,500 | 5,000 | |||||||||||
| Retained Profit | 18,408 | -1,678 | |||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 4 | 4 | 5 | 6 | 6 | |||||||
| EBITDA* | 42,779 | 10,639 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 38,803 | 43,703 | 49,404 | 56,152 | 61,238 | 67,053 | 74,695 | 21,322 | 21,565 | 24,154 | 7,246 | 11,034 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 38,803 | 43,703 | 49,404 | 56,152 | 61,238 | 67,053 | 74,695 | 21,322 | 21,565 | 24,154 | 7,246 | 11,034 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 83,966 | 90,840 | 90,135 | 87,990 | 65,098 | 68,726 | 80,997 | 110,404 | 84,813 | 133,850 | 42,419 | 6,610 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 3,360 | 3,360 | 5,367 | 18,832 | 23,977 | 6,074 | 0 | 0 | 0 | 0 | 23,029 | 12,298 |
| Cash | 656,408 | 5 | 1,057 | 1,746 | 949 | 754 | 487 | 498 | 15,806 | 10,087 | 513 | 21,786 | 15,874 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 656,408 | 87,331 | 95,257 | 97,248 | 107,771 | 89,829 | 75,287 | 81,495 | 126,210 | 94,900 | 134,363 | 87,234 | 34,782 |
| total assets | 656,408 | 126,134 | 138,960 | 146,652 | 163,923 | 151,067 | 142,340 | 156,190 | 147,532 | 116,465 | 158,517 | 94,480 | 45,816 |
| Bank overdraft | 9,813 | 19,059 | 19,009 | 34,963 | 14,455 | 8,611 | 11,827 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,853 | 1,679 | 940 | 26,011 | 25,343 | 57,624 | 56,030 | 52,258 | 60,923 | 75,462 | 1,982 | 1,561 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,796 | 3,282 |
| other short term finances | 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 |
| other current liabilities | 182,124 | 43,052 | 46,897 | 18,722 | 21,929 | 35,115 | 14,542 | 0 | 0 | 0 | 0 | 12,147 | 2,704 |
| total current liabilities | 191,937 | 63,964 | 67,585 | 54,625 | 62,395 | 69,069 | 83,993 | 56,030 | 52,258 | 60,923 | 75,462 | 37,925 | 7,547 |
| loans | 28,260 | 42,893 | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 1,260 | 2,917 | 2,917 | 2,917 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122 |
| total long term liabilities | 28,260 | 44,153 | 2,917 | 2,917 | 2,917 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122 |
| total liabilities | 220,197 | 108,117 | 70,502 | 57,542 | 65,312 | 69,069 | 83,993 | 56,030 | 52,258 | 60,923 | 75,462 | 37,925 | 7,669 |
| net assets | 436,211 | 18,017 | 68,458 | 89,110 | 98,611 | 81,998 | 58,347 | 100,160 | 95,274 | 55,542 | 83,055 | 56,555 | 38,147 |
| total shareholders funds | 436,211 | 18,017 | 68,458 | 89,110 | 98,611 | 81,998 | 58,347 | 100,160 | 95,274 | 55,542 | 83,055 | 56,555 | 38,147 |
| Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 33,073 | 3,618 | |||||||||||
| Depreciation | 0 | 4,900 | 5,701 | 6,748 | 7,537 | 8,949 | 10,810 | 7,471 | 5,511 | 6,313 | 14,246 | 9,706 | 7,021 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -6,812 | -296 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -87,326 | -6,874 | -1,302 | -11,320 | 17,747 | 14,275 | -6,197 | -29,407 | 25,591 | -49,037 | 68,402 | 46,540 | 18,908 |
| Creditors | -1,853 | 174 | 739 | -25,071 | 668 | -32,281 | 1,594 | 3,772 | -8,665 | -14,539 | 73,480 | 421 | 1,561 |
| Accruals and Deferred Income | 139,072 | -3,845 | 28,175 | -3,207 | -13,186 | 20,573 | 14,542 | 0 | 0 | 0 | -12,147 | 9,443 | 2,704 |
| Deferred Taxes & Provisions | -1,260 | -1,657 | 0 | 0 | 2,917 | 0 | 0 | 0 | 0 | 0 | 0 | -122 | 122 |
| Cash flow from operations | -831 | -4,178 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,796 | 20,514 | 3,282 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -14,633 | 42,893 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||
| interest | -1,353 | 0 | |||||||||||
| cash flow from financing | 19,161 | 43,107 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 656,403 | -1,052 | -689 | 797 | 195 | 267 | -11 | -15,308 | 5,719 | 9,574 | -21,273 | 5,912 | 15,874 |
| overdraft | -9,246 | 50 | -15,954 | 20,508 | 5,844 | -3,216 | 11,827 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 665,649 | -1,102 | 15,265 | -19,711 | -5,649 | 3,483 | -11,838 | -15,308 | 5,719 | 9,574 | -21,273 | 5,912 | 15,874 |
claremont house lodgings limited Credit Report and Business Information
Claremont House Lodgings Limited Competitor Analysis
Perform a competitor analysis for claremont house lodgings limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in M45 area or any other competitors across 12 key performance metrics.
claremont house lodgings limited Ownership
CLAREMONT HOUSE LODGINGS LIMITED group structure
Claremont House Lodgings Limited has no subsidiary companies.
Ultimate parent company
CLAREMONT HOUSE LODGINGS LIMITED
02368653
claremont house lodgings limited directors
Claremont House Lodgings Limited currently has 2 directors. The longest serving directors include Mr Nigel Watson (Apr 1991) and Mrs Jayne Watson (Apr 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Watson | United Kingdom | 63 years | Apr 1991 | - | Director |
| Mrs Jayne Watson | 65 years | Apr 1991 | - | Director |
P&L
September 2022turnover
53.6k
-94%
operating profit
513k
0%
gross margin
45.7%
+7.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
436.2k
+23.21%
total assets
656.4k
+4.2%
cash
656.4k
+131280.6%
net assets
Total assets minus all liabilities
claremont house lodgings limited company details
company number
02368653
Type
Private limited with Share Capital
industry
55900 - Other accommodation
incorporation date
April 1989
age
35
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2022
previous names
N/A
accountant
E R GROVE & CO LIMITED
auditor
-
address
leonard curtis house, elms square, bury new road, manchester, M45 7TA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
claremont house lodgings 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 1 charges/mortgages relating to claremont house lodgings limited. Currently there are 0 open charges and 1 have been satisfied in the past.
claremont house lodgings 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.
Click to start generating capital raising & share issue transactions for CLAREMONT HOUSE LODGINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
claremont house lodgings limited Companies House Filings - See Documents
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