champneys springs limited
champneys springs limited Company Information
Company Number
02467338
Next Accounts
Jan 2026
Shareholders
champneys henlow ltd
dorothy rose purdew
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
16 great queen street, covent garden, london, WC2B 5AH
Website
www.champneys.comchampneys springs limited Estimated Valuation
Pomanda estimates the enterprise value of CHAMPNEYS SPRINGS LIMITED at £11.3m based on a Turnover of £7.7m and 1.47x industry multiple (adjusted for size and gross margin).
champneys springs limited Estimated Valuation
Pomanda estimates the enterprise value of CHAMPNEYS SPRINGS LIMITED at £7.6m based on an EBITDA of £1.3m and a 5.87x industry multiple (adjusted for size and gross margin).
champneys springs limited Estimated Valuation
Pomanda estimates the enterprise value of CHAMPNEYS SPRINGS LIMITED at £18.6m based on Net Assets of £8.9m and 2.09x industry multiple (adjusted for liquidity).
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Champneys Springs Limited Overview
Champneys Springs Limited is a live company located in london, WC2B 5AH with a Companies House number of 02467338. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 1990, it's largest shareholder is champneys henlow ltd with a 99% stake. Champneys Springs Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.7m with rapid growth in recent years.
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Champneys Springs Limited Health Check
Pomanda's financial health check has awarded Champneys Springs Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £7.7m, make it larger than the average company (£5.6m)
£7.7m - Champneys Springs Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (37.7%)
78% - Champneys Springs Limited
37.7% - Industry AVG
Production
with a gross margin of 82.7%, this company has a lower cost of product (64.4%)
82.7% - Champneys Springs Limited
64.4% - Industry AVG
Profitability
an operating margin of 8.7% make it as profitable than the average company (8.1%)
8.7% - Champneys Springs Limited
8.1% - Industry AVG
Employees
with 137 employees, this is above the industry average (87)
137 - Champneys Springs Limited
87 - Industry AVG
Pay Structure
on an average salary of £17.7k, the company has a lower pay structure (£23.8k)
£17.7k - Champneys Springs Limited
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £56.1k, this is less efficient (£69.7k)
£56.1k - Champneys Springs Limited
£69.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (7 days)
3 days - Champneys Springs Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 222 days, this is slower than average (44 days)
222 days - Champneys Springs Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 74 days, this is more than average (8 days)
74 days - Champneys Springs Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Champneys Springs Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.9%, this is a lower level of debt than the average (74.2%)
56.9% - Champneys Springs Limited
74.2% - Industry AVG
CHAMPNEYS SPRINGS LIMITED financials
Champneys Springs Limited's latest turnover from April 2024 is £7.7 million and the company has net assets of £8.9 million. According to their latest financial statements, Champneys Springs Limited has 137 employees and maintains cash reserves of £108.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,686,715 | 7,208,455 | 6,766,886 | 1,351,782 | 6,341,479 | 6,972,428 | 7,021,064 | 6,669,165 | 6,243,727 | 6,004,907 | 5,201,273 | 5,031,770 | 5,086,843 | 5,635,027 | 5,640,587 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,326,847 | 1,278,267 | 1,059,653 | 334,596 | 1,430,255 | 1,453,653 | 1,563,880 | 1,510,999 | 1,182,170 | 1,068,170 | 913,444 | 798,179 | 808,111 | 897,402 | 903,329 |
| Gross Profit | 6,359,868 | 5,930,188 | 5,707,233 | 1,017,186 | 4,911,224 | 5,518,775 | 5,457,184 | 5,158,166 | 5,061,557 | 4,936,737 | 4,287,829 | 4,233,591 | 4,278,732 | 4,737,625 | 4,737,258 |
| Admin Expenses | 5,688,388 | 5,159,056 | 4,448,148 | 2,387,636 | 4,471,296 | 4,287,870 | 4,316,195 | 4,018,838 | 3,970,753 | 3,994,147 | 4,215,717 | 4,230,069 | 4,407,681 | 4,374,160 | |
| Operating Profit | 671,480 | 771,132 | 1,259,085 | -1,370,450 | 439,928 | 1,230,905 | 1,140,989 | 1,139,328 | 965,984 | 293,682 | 17,874 | 48,663 | 329,944 | 363,098 | |
| Interest Payable | 19,017 | 4,496 | 3,054 | 2,530 | 8,613 | 4,134 | 1,820 | 286 | 933 | 387,350 | 464,474 | ||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 652,463 | 766,636 | 1,256,031 | -1,372,980 | 431,315 | 1,226,771 | 1,139,169 | 1,139,328 | 1,047,072 | 531,038 | 293,396 | 16,941 | -338,687 | -134,530 | 363,098 |
| Tax | -205,892 | -65,062 | -328,022 | 236,092 | -5,460 | -28,123 | 39,524 | -102,614 | -94,124 | -112,481 | -38,257 | 53,975 | -40,685 | -17,798 | 219,451 |
| Profit After Tax | 446,571 | 701,574 | 928,009 | -1,136,888 | 425,855 | 1,198,648 | 1,178,693 | 1,036,714 | 952,948 | 418,557 | 255,139 | 70,916 | -379,372 | -152,328 | 582,549 |
| Dividends Paid | 600,000 | 1,000,000 | 2,000,000 | 1,800,000 | 1,000,000 | 6,000,000 | 3,000,000 | ||||||||
| Retained Profit | -153,429 | -298,426 | -1,071,991 | -2,936,888 | -574,145 | -4,801,352 | 1,178,693 | 1,036,714 | -2,047,052 | 418,557 | 255,139 | 70,916 | -379,372 | -152,328 | 582,549 |
| Employee Costs | 2,429,659 | 2,140,795 | 2,017,249 | 1,565,225 | 2,149,675 | 2,004,048 | 2,074,663 | 2,004,673 | 1,921,678 | 1,825,688 | 1,627,007 | 1,805,357 | 1,855,783 | 2,001,257 | 2,025,248 |
| Number Of Employees | 137 | 140 | 129 | 120 | 154 | 149 | 141 | 148 | 153 | 150 | 154 | 168 | 182 | 188 | 190 |
| EBITDA* | 1,298,279 | 1,363,153 | 1,808,970 | -842,659 | 988,139 | 1,757,860 | 1,595,254 | 1,495,837 | 1,402,941 | 720,558 | 404,725 | 420,551 | 733,819 | 806,773 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,560,777 | 18,083,298 | 18,198,305 | 15,143,319 | 15,604,577 | 15,027,577 | 15,211,541 | 14,789,995 | 11,728,674 | 11,499,902 | 11,747,854 | 9,061,224 | 9,115,884 | 9,438,822 | 9,767,694 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 19,560,777 | 18,083,298 | 18,198,305 | 15,143,319 | 15,604,577 | 15,027,577 | 15,211,541 | 14,789,995 | 11,728,674 | 11,499,902 | 11,747,854 | 9,061,224 | 9,115,884 | 9,438,822 | 9,767,694 |
| Stock & work in progress | 269,784 | 217,709 | 203,989 | 202,162 | 256,124 | 287,400 | 230,873 | 202,081 | 145,317 | 130,312 | 80,832 | 97,506 | 103,542 | 129,732 | 116,128 |
| Trade Debtors | 80,533 | 67,079 | 138,675 | 6,976 | 66,441 | 301,631 | 281,142 | 241,290 | 178,611 | 44,573 | 35,371 | 182,619 | 74,224 | 56,865 | 85,464 |
| Group Debtors | 324,815 | 281,674 | 112,437 | 114,766 | 100,022 | 958,580 | 41,780 | 42,067 | 1,853,932 | 856,775 | 658,861 | 789,436 | 648,485 | 326,681 | |
| Misc Debtors | 290,901 | 322,169 | 286,716 | 86,139 | 209,960 | 286,324 | 350,480 | 324,243 | 71,857 | 468,376 | 154,649 | 65,411 | 51,322 | 53,959 | |
| Cash | 108,773 | 210,970 | 130,577 | 97,399 | 957,816 | 551,974 | 407,041 | 652,724 | 31,460 | 21,610 | 264,934 | 17,194 | 117,466 | 151,000 | 539,514 |
| misc current assets | |||||||||||||||
| total current assets | 1,074,806 | 1,099,601 | 872,394 | 507,442 | 1,590,363 | 1,662,018 | 2,163,960 | 1,488,355 | 721,698 | 2,122,284 | 1,706,288 | 1,110,829 | 1,150,079 | 1,037,404 | 1,121,746 |
| total assets | 20,635,583 | 19,182,899 | 19,070,699 | 15,650,761 | 17,194,940 | 16,689,595 | 17,375,501 | 16,278,350 | 12,450,372 | 13,622,186 | 13,454,142 | 10,172,053 | 10,265,963 | 10,476,226 | 10,889,440 |
| Bank overdraft | 45 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 809,111 | 804,596 | 463,553 | 108,888 | 394,574 | 633,475 | 536,844 | 581,311 | 506,577 | 377,617 | 889,596 | 934,101 | 1,157,285 | 1,038,463 | 1,182,012 |
| Group/Directors Accounts | 7,320,575 | 6,431,171 | 6,480,531 | 6,275,874 | 4,635,950 | 88,457 | 518,473 | 427,010 | 67,304 | 10,391 | 4,196 | 46,875 | |||
| other short term finances | 4,021,271 | ||||||||||||||
| hp & lease commitments | 35,048 | 3,184 | 4,063 | 8,598 | 9,586 | ||||||||||
| other current liabilities | 2,005,522 | 1,642,756 | 1,585,000 | 1,208,349 | 925,189 | 1,055,846 | 1,250,619 | 1,352,192 | 974,836 | 783,109 | 593,545 | 473,408 | 451,806 | 540,066 | |
| total current liabilities | 10,170,256 | 8,881,707 | 8,533,147 | 7,601,709 | 5,965,299 | 5,758,157 | 1,681,147 | 2,350,403 | 2,285,779 | 1,419,757 | 1,683,141 | 1,531,842 | 1,630,693 | 1,490,269 | 1,768,953 |
| loans | |||||||||||||||
| hp & lease commitments | 111,672 | 2,996 | 7,059 | 14,668 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,466,683 | 1,260,791 | 1,195,729 | 154,677 | 264,067 | 230,478 | 236,245 | 203,806 | 194,590 | 181,720 | 202,507 | 268,482 | 239,797 | 221,999 | |
| total long term liabilities | 1,578,355 | 1,260,791 | 1,198,725 | 161,736 | 278,735 | 268,914 | 230,478 | 236,245 | 203,806 | 194,590 | 181,720 | 202,507 | 268,482 | 239,797 | 221,999 |
| total liabilities | 11,748,611 | 10,142,498 | 9,731,872 | 7,763,445 | 6,244,034 | 6,027,071 | 1,911,625 | 2,586,648 | 2,489,585 | 1,614,347 | 1,864,861 | 1,734,349 | 1,899,175 | 1,730,066 | 1,990,952 |
| net assets | 8,886,972 | 9,040,401 | 9,338,827 | 7,887,316 | 10,950,906 | 10,662,524 | 15,463,876 | 13,691,702 | 9,960,787 | 12,007,839 | 11,589,281 | 8,437,704 | 8,366,788 | 8,746,160 | 8,898,488 |
| total shareholders funds | 8,886,972 | 9,040,401 | 9,338,827 | 7,887,316 | 10,950,906 | 10,662,524 | 15,463,876 | 13,691,702 | 9,960,787 | 12,007,839 | 11,589,281 | 8,437,704 | 8,366,788 | 8,746,160 | 8,898,488 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 671,480 | 771,132 | 1,259,085 | -1,370,450 | 439,928 | 1,230,905 | 1,140,989 | 1,139,328 | 965,984 | 293,682 | 17,874 | 48,663 | 329,944 | 363,098 | |
| Depreciation | 626,799 | 592,021 | 549,885 | 527,791 | 548,211 | 526,955 | 454,265 | 356,509 | 364,402 | 436,957 | 426,876 | 386,851 | 371,888 | 403,875 | 443,675 |
| Amortisation | |||||||||||||||
| Tax | -205,892 | -65,062 | -328,022 | 236,092 | -5,460 | -28,123 | 39,524 | -102,614 | -94,124 | -112,481 | -38,257 | 53,975 | -40,685 | -17,798 | 219,451 |
| Stock | 52,075 | 13,720 | 1,827 | -53,962 | -31,276 | 56,527 | 28,792 | 56,764 | 15,005 | 49,480 | -16,674 | -6,036 | -26,190 | 13,604 | 116,128 |
| Debtors | 25,327 | 133,094 | 329,947 | -168,542 | 74,792 | -1,224,415 | 892,496 | 88,629 | -1,425,441 | 609,840 | 364,393 | 67,058 | 172,399 | 290,568 | 466,104 |
| Creditors | 4,515 | 341,043 | 354,665 | -285,686 | -238,901 | 96,631 | -44,467 | 74,734 | 128,960 | -511,979 | -44,505 | -223,184 | 118,822 | -143,549 | 1,182,012 |
| Accruals and Deferred Income | 362,766 | 57,756 | 376,651 | 283,160 | 925,189 | -1,055,846 | -194,773 | -101,573 | 377,356 | 191,727 | 189,564 | 120,137 | 21,602 | -88,260 | 540,066 |
| Deferred Taxes & Provisions | 205,892 | 65,062 | 1,041,052 | -109,390 | 264,067 | -230,478 | -5,767 | 32,439 | 9,216 | 12,870 | -20,787 | -65,975 | 28,685 | 17,798 | 221,999 |
| Cash flow from operations | 1,588,158 | 1,615,138 | 2,921,542 | -495,979 | 1,889,518 | 468,483 | 1,253,430 | 323,758 | 458,854 | 228,656 | 402,766 | 197,838 | 2,388,069 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -352,670 | -723,629 | -593,174 | ||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -352,670 | -723,629 | -593,174 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 889,404 | -49,360 | 204,657 | 1,639,924 | 4,635,950 | -88,457 | -430,016 | 91,463 | 359,706 | 56,913 | 6,195 | 4,196 | -46,875 | 46,875 | |
| Other Short Term Loans | -4,021,271 | 4,021,271 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | 143,536 | -3,875 | -8,598 | -8,597 | 24,254 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -19,017 | -4,496 | -3,054 | -2,530 | -8,613 | -1,820 | -286 | -933 | -387,350 | -464,474 | |||||
| cash flow from financing | 1,013,923 | -57,731 | 2,716,507 | 1,502,095 | 1,492,847 | 161,645 | 2,785,664 | 359,706 | 56,914 | 2,902,347 | 3,263 | -387,350 | -511,349 | 8,362,814 | |
| cash and cash equivalents | |||||||||||||||
| cash | -102,197 | 80,393 | 33,178 | -860,417 | 405,842 | 144,933 | -245,683 | 621,264 | 9,850 | -243,324 | 247,740 | -100,272 | -33,534 | -388,514 | 539,514 |
| overdraft | -45 | 45 | |||||||||||||
| change in cash | -102,197 | 80,393 | 33,178 | -860,417 | 405,842 | 144,933 | -245,683 | 621,264 | 9,850 | -243,279 | 247,695 | -100,272 | -33,534 | -388,514 | 539,514 |
champneys springs limited Credit Report and Business Information
Champneys Springs Limited Competitor Analysis
Perform a competitor analysis for champneys springs limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in WC2B area or any other competitors across 12 key performance metrics.
champneys springs limited Ownership
CHAMPNEYS SPRINGS LIMITED group structure
Champneys Springs Limited has no subsidiary companies.
champneys springs limited directors
Champneys Springs Limited currently has 2 directors. The longest serving directors include Mr Stephen Purdew (Feb 1992) and Mr Alan Whiteley (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Purdew | United Kingdom | 65 years | Feb 1992 | - | Director |
| Mr Alan Whiteley | United Kingdom | 49 years | Sep 2014 | - | Director |
P&L
April 2024turnover
7.7m
+7%
operating profit
671.5k
-13%
gross margin
82.8%
+0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
8.9m
-0.02%
total assets
20.6m
+0.08%
cash
108.8k
-0.48%
net assets
Total assets minus all liabilities
champneys springs limited company details
company number
02467338
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
springs health farm ltd (April 2003)
springs hydro limited (April 1999)
accountant
-
auditor
AZETS AUDIT SERVICES
address
16 great queen street, covent garden, london, WC2B 5AH
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
champneys springs 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 14 charges/mortgages relating to champneys springs limited. Currently there are 1 open charges and 13 have been satisfied in the past.
champneys springs 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 CHAMPNEYS SPRINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
champneys springs limited Companies House Filings - See Documents
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