mike burton corporate hospitality limited
mike burton corporate hospitality limited Company Information
Company Number
02649558
Website
www.mikeburton.comRegistered Address
4th floor, broadhurst house, oxford street, manchester, M1 6EU
Industry
Other business support service activities n.e.c.
Telephone
01452888666
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mike burton group ltd 100%
mike burton corporate hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE BURTON CORPORATE HOSPITALITY LIMITED at £279.1k based on a Turnover of £601k and 0.46x industry multiple (adjusted for size and gross margin).
mike burton corporate hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE BURTON CORPORATE HOSPITALITY LIMITED at £488.9k based on an EBITDA of £131.4k and a 3.72x industry multiple (adjusted for size and gross margin).
mike burton corporate hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of MIKE BURTON CORPORATE HOSPITALITY LIMITED at £49.2k based on Net Assets of £19.1k and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mike Burton Corporate Hospitality Limited Overview
Mike Burton Corporate Hospitality Limited is a live company located in manchester, M1 6EU with a Companies House number of 02649558. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 1991, it's largest shareholder is mike burton group ltd with a 100% stake. Mike Burton Corporate Hospitality Limited is a mature, small sized company, Pomanda has estimated its turnover at £601k with declining growth in recent years.
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Mike Burton Corporate Hospitality Limited Health Check
Pomanda's financial health check has awarded Mike Burton Corporate Hospitality Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £601k, make it smaller than the average company (£3m)
£601k - Mike Burton Corporate Hospitality Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.1%)
-10% - Mike Burton Corporate Hospitality Limited
4.1% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (38.7%)
21.9% - Mike Burton Corporate Hospitality Limited
38.7% - Industry AVG
Profitability
an operating margin of 21.9% make it more profitable than the average company (6.5%)
21.9% - Mike Burton Corporate Hospitality Limited
6.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (20)
- Mike Burton Corporate Hospitality Limited
20 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Mike Burton Corporate Hospitality Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £120.2k, this is equally as efficient (£136.9k)
- Mike Burton Corporate Hospitality Limited
£136.9k - Industry AVG
Debtor Days
it gets paid by customers after 187 days, this is later than average (39 days)
187 days - Mike Burton Corporate Hospitality Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Mike Burton Corporate Hospitality Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mike Burton Corporate Hospitality Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (28 weeks)
10 weeks - Mike Burton Corporate Hospitality Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (60%)
98.9% - Mike Burton Corporate Hospitality Limited
60% - Industry AVG
MIKE BURTON CORPORATE HOSPITALITY LIMITED financials
Mike Burton Corporate Hospitality Limited's latest turnover from March 2023 is £601 thousand and the company has net assets of £19.1 thousand. According to their latest financial statements, we estimate that Mike Burton Corporate Hospitality Limited has 5 employees and maintains cash reserves of £344.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 601,049 | 371,750 | 216,000 | 824,697 | 2,664,720 | 5,416,690 | 4,439,317 | 3,728,599 | 4,110,590 | 3,785,038 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 469,736 | 420,109 | 203,157 | 989,489 | 2,456,062 | 4,773,409 | 4,280,424 | 3,134,355 | 3,726,064 | 3,469,478 | ||||
| Gross Profit | 131,313 | -48,359 | 12,843 | -164,792 | 208,658 | 643,281 | 158,893 | 594,244 | 384,526 | 315,560 | ||||
| Admin Expenses | -49 | 596 | -1,877 | 10,857 | 190,823 | 605,299 | 136,867 | 563,326 | 553,050 | 77,441 | ||||
| Operating Profit | 131,362 | -48,955 | 14,720 | -175,649 | 17,835 | 37,982 | 22,026 | 30,918 | -168,524 | 238,119 | ||||
| Interest Payable | 336 | 276 | 158 | 162 | 948 | 1,870 | 1,664 | 822 | 0 | 300 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 151 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 131,026 | -49,231 | 14,562 | -175,811 | 17,038 | 36,112 | 20,362 | 30,096 | -168,524 | 237,819 | ||||
| Tax | -28,537 | 12,996 | -2,767 | 524 | -3,335 | -10,878 | -4,784 | -8,579 | 0 | -31,000 | ||||
| Profit After Tax | 102,489 | -36,235 | 11,795 | -175,287 | 13,703 | 25,234 | 15,578 | 21,517 | -168,524 | 206,819 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 102,489 | -36,235 | 11,795 | -175,287 | 13,703 | 25,234 | 15,578 | 21,517 | -168,524 | 206,819 | ||||
| Employee Costs | 0 | 0 | ||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 131,362 | -48,955 | 14,720 | -175,649 | 17,835 | 37,982 | 22,026 | 30,918 | -168,524 | 238,119 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 610,800 | 924,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 100,000 | 100,000 |
| Total Fixed Assets | 610,800 | 924,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 100,000 | 100,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 309,235 | 331,923 | 53,034 | 119,525 | 56,078 | 734,150 | 1,109,297 | 630,878 | 877,335 | 1,013,285 | 2,954,797 | 3,424,613 | 3,562,108 | 2,680,393 |
| Group Debtors | 960 | 4,175 | 4,175 | 0 | 0 | 0 | 388,040 | 0 | 779,263 | 1,119,445 | 0 | 0 | 0 | 0 |
| Misc Debtors | 445,536 | 415,275 | 1,256,273 | 1,275,160 | 895,426 | 2,145,233 | 2,411,672 | 2,193,280 | 1,703,624 | 1,573,694 | 0 | 0 | 0 | 0 |
| Cash | 344,924 | 65,116 | 344,334 | 115,216 | 15,399 | 738,019 | 496,633 | 1,285,390 | 36,557 | 38,275 | 86,364 | 2,777 | 87,590 | 17,324 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,100,655 | 816,489 | 1,657,816 | 1,509,901 | 966,903 | 3,617,402 | 4,405,642 | 4,109,548 | 3,396,779 | 3,744,699 | 3,041,161 | 3,427,390 | 3,649,698 | 2,697,717 |
| total assets | 1,711,455 | 1,740,489 | 1,657,816 | 1,509,901 | 966,903 | 3,617,402 | 4,405,642 | 4,109,548 | 3,396,779 | 3,744,699 | 3,141,161 | 3,527,390 | 3,749,698 | 2,797,717 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 472 | 0 | 0 | 0 | 0 | 0 | 148,730 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 92 | 61 | 71 | 415 | 1,437 | 1,020,996 | 995,773 | 714,616 | 136,482 | 870,730 | 3,139,134 | 3,009,908 | 3,620,567 | 2,724,282 |
| Group/Directors Accounts | 1,047,066 | 1,403,587 | 1,621,323 | 1,314,541 | 743,645 | 1,231,115 | 1,337,899 | 1,531,366 | 1,597,562 | 947,752 | 0 | 0 | 0 | 0 |
| 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 | 645,181 | 420,214 | 83,560 | 253,878 | 105,467 | 1,262,168 | 1,994,553 | 1,801,727 | 1,622,413 | 1,717,371 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,692,339 | 1,823,862 | 1,704,954 | 1,568,834 | 850,549 | 3,514,751 | 4,328,225 | 4,047,709 | 3,356,457 | 3,535,853 | 3,139,134 | 3,158,638 | 3,620,567 | 2,724,282 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,692,339 | 1,823,862 | 1,704,954 | 1,568,834 | 850,549 | 3,514,751 | 4,328,225 | 4,047,709 | 3,356,457 | 3,535,853 | 3,139,134 | 3,158,638 | 3,620,567 | 2,724,282 |
| net assets | 19,116 | -83,373 | -47,138 | -58,933 | 116,354 | 102,651 | 77,417 | 61,839 | 40,322 | 208,846 | 2,027 | 368,752 | 129,131 | 73,435 |
| total shareholders funds | 19,116 | -83,373 | -47,138 | -58,933 | 116,354 | 102,651 | 77,417 | 61,839 | 40,322 | 208,846 | 2,027 | 368,752 | 129,131 | 73,435 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 131,362 | -48,955 | 14,720 | -175,649 | 17,835 | 37,982 | 22,026 | 30,918 | -168,524 | 238,119 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -28,537 | 12,996 | -2,767 | 524 | -3,335 | -10,878 | -4,784 | -8,579 | 0 | -31,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -308,842 | 361,891 | -81,203 | 443,181 | -1,927,879 | -1,029,626 | 1,084,851 | -536,064 | -346,202 | 651,627 | -469,816 | -137,495 | 881,715 | 2,780,393 |
| Creditors | 31 | -10 | -344 | -1,022 | -1,019,559 | 25,223 | 281,157 | 578,134 | -734,248 | -2,268,404 | 129,226 | -610,659 | 896,285 | 2,724,282 |
| Accruals and Deferred Income | 224,967 | 336,654 | -170,318 | 148,411 | -1,156,701 | -732,385 | 192,826 | 179,314 | -94,958 | 1,717,371 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 636,665 | -61,206 | -77,506 | -470,917 | -233,881 | 349,568 | -593,626 | 1,315,851 | -651,528 | -995,541 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | -356,521 | -217,736 | 306,782 | 570,896 | -487,470 | -106,784 | -193,467 | -66,196 | 649,810 | 947,752 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 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 | -336 | -276 | -158 | -162 | -797 | -1,870 | -1,664 | -822 | 0 | -300 | ||||
| cash flow from financing | -356,857 | -218,012 | 306,624 | 570,734 | -488,267 | -108,654 | -195,131 | -67,018 | 649,810 | 947,452 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 279,808 | -279,218 | 229,118 | 99,817 | -722,620 | 241,386 | -788,757 | 1,248,833 | -1,718 | -48,089 | 83,587 | -84,813 | 70,266 | 17,324 |
| overdraft | 0 | 0 | 0 | 0 | -472 | 472 | 0 | 0 | 0 | 0 | -148,730 | 148,730 | 0 | 0 |
| change in cash | 279,808 | -279,218 | 229,118 | 99,817 | -722,148 | 240,914 | -788,757 | 1,248,833 | -1,718 | -48,089 | 232,317 | -233,543 | 70,266 | 17,324 |
mike burton corporate hospitality limited Credit Report and Business Information
Mike Burton Corporate Hospitality Limited Competitor Analysis
Perform a competitor analysis for mike burton corporate hospitality limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mike burton corporate hospitality limited Ownership
MIKE BURTON CORPORATE HOSPITALITY LIMITED group structure
Mike Burton Corporate Hospitality Limited has no subsidiary companies.
Ultimate parent company
SEERA HOLDING GROUP
#0091087
2 parents
MIKE BURTON CORPORATE HOSPITALITY LIMITED
02649558
mike burton corporate hospitality limited directors
Mike Burton Corporate Hospitality Limited currently has 4 directors. The longest serving directors include Mr Justin Hopwood (Jan 2020) and Mr Justin Hopwood (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Justin Hopwood | 49 years | Jan 2020 | - | Director | |
| Mr Justin Hopwood | 49 years | Jan 2020 | - | Director | |
| Mr Paul Hemingway | England | 53 years | Oct 2023 | - | Director |
| Mr Mark Nevin | England | 66 years | Oct 2023 | - | Director |
P&L
March 2023turnover
601k
+62%
operating profit
131.4k
-368%
gross margin
21.9%
-267.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
19.1k
-1.23%
total assets
1.7m
-0.02%
cash
344.9k
+4.3%
net assets
Total assets minus all liabilities
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mike burton corporate hospitality limited company details
company number
02649558
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 1991
age
33
accounts
Full Accounts
ultimate parent company
previous names
systemagent limited (January 1992)
incorporated
UK
address
4th floor, broadhurst house, oxford street, manchester, M1 6EU
last accounts submitted
March 2023
mike burton corporate hospitality 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 2 charges/mortgages relating to mike burton corporate hospitality limited. Currently there are 0 open charges and 2 have been satisfied in the past.
mike burton corporate hospitality limited Companies House Filings - See Documents
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