the devonshire hotel limited
the devonshire hotel limited Company Information
Company Number
02772103
Next Accounts
Jun 2025
Industry
Hotels and similar accommodation
Shareholders
samatt ltd
Group Structure
View All
Contact
Registered Address
c/o the devonshire hotel, park hill road, torquay, devon, TQ1 2DY
the devonshire hotel limited Estimated Valuation
Pomanda estimates the enterprise value of THE DEVONSHIRE HOTEL LIMITED at £2.4m based on a Turnover of £2.1m and 1.15x industry multiple (adjusted for size and gross margin).
the devonshire hotel limited Estimated Valuation
Pomanda estimates the enterprise value of THE DEVONSHIRE HOTEL LIMITED at £168.1k based on an EBITDA of £35.3k and a 4.77x industry multiple (adjusted for size and gross margin).
the devonshire hotel limited Estimated Valuation
Pomanda estimates the enterprise value of THE DEVONSHIRE HOTEL LIMITED at £2.2m based on Net Assets of £961.2k and 2.26x industry multiple (adjusted for liquidity).
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The Devonshire Hotel Limited Overview
The Devonshire Hotel Limited is a live company located in torquay, TQ1 2DY with a Companies House number of 02772103. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 1992, it's largest shareholder is samatt ltd with a 100% stake. The Devonshire Hotel Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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The Devonshire Hotel Limited Health Check
Pomanda's financial health check has awarded The Devonshire Hotel Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£5m)
- The Devonshire Hotel Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (3.8%)
- The Devonshire Hotel Limited
3.8% - Industry AVG
Production
with a gross margin of 62.8%, this company has a comparable cost of product (62.8%)
- The Devonshire Hotel Limited
62.8% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (8.1%)
- The Devonshire Hotel Limited
8.1% - Industry AVG
Employees
with 37 employees, this is below the industry average (78)
37 - The Devonshire Hotel Limited
78 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£22.3k)
- The Devonshire Hotel Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £56.7k, this is less efficient (£67.8k)
- The Devonshire Hotel Limited
£67.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Devonshire Hotel Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is close to average (46 days)
- The Devonshire Hotel Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is in line with average (7 days)
- The Devonshire Hotel Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (7 weeks)
3 weeks - The Devonshire Hotel Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.5%, this is a lower level of debt than the average (75.9%)
27.5% - The Devonshire Hotel Limited
75.9% - Industry AVG
THE DEVONSHIRE HOTEL LIMITED financials
The Devonshire Hotel Limited's latest turnover from September 2023 is estimated at £2.1 million and the company has net assets of £961.2 thousand. According to their latest financial statements, The Devonshire Hotel Limited has 37 employees and maintains cash reserves of £17.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 37 | 35 | 30 | 33 | 38 | 37 | 35 | 32 | 29 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 507,990 | 444,632 | 442,549 | 475,468 | 504,525 | 443,813 | 377,098 | 325,437 | 269,404 | 282,648 | 291,025 | 328,860 | 332,751 | 328,074 | 325,495 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 261 | 511 | 761 | 1,011 | 1,261 | 1,511 | 1,761 |
| Investments & Other | 0 | 0 | 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 | 0 | 0 |
| Total Fixed Assets | 507,990 | 444,632 | 442,549 | 475,468 | 504,525 | 443,813 | 377,098 | 325,437 | 269,665 | 283,159 | 291,786 | 329,871 | 334,012 | 329,585 | 327,256 |
| Stock & work in progress | 15,360 | 20,319 | 13,911 | 14,105 | 12,549 | 11,612 | 12,302 | 11,701 | 13,648 | 13,325 | 12,956 | 13,289 | 12,106 | 11,716 | 10,684 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,509,783 | 1,264,583 | 1,053,865 | 825,467 | 647,837 | 447,905 |
| Group Debtors | 752,304 | 710,249 | 609,358 | 579,540 | 520,795 | 327,407 | 302,858 | 225,617 | 290,938 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 33,072 | 42,863 | 26,761 | 39,212 | 34,801 | 32,243 | 32,013 | 34,782 | 27,911 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 17,132 | 14,886 | 23,171 | 29,263 | 7,820 | 54,641 | 26,797 | 73,769 | 3,017 | 3,199 | 3,208 | 747 | 1,128 | 30,788 | 37,810 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 817,868 | 788,317 | 673,201 | 662,120 | 575,965 | 425,903 | 373,970 | 345,869 | 335,514 | 1,526,307 | 1,280,747 | 1,067,901 | 838,701 | 690,341 | 496,399 |
| total assets | 1,325,858 | 1,232,949 | 1,115,750 | 1,137,588 | 1,080,490 | 869,716 | 751,068 | 671,306 | 605,179 | 1,809,466 | 1,572,533 | 1,397,772 | 1,172,713 | 1,019,926 | 823,655 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,006 | 0 | 0 | 0 | 588 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 104,172 | 68,462 | 39,021 | 58,551 | 77,049 | 34,153 | 60,370 | 88,098 | 79,598 | 1,459,787 | 1,226,185 | 1,049,444 | 847,440 | 752,765 | 594,082 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 295 | 12,397 | 25,822 | 21,528 | 24,095 | 9,189 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 190,143 | 143,271 | 86,588 | 158,750 | 152,875 | 170,617 | 158,220 | 138,640 | 125,635 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 294,610 | 224,130 | 151,431 | 238,829 | 254,019 | 213,959 | 218,590 | 226,738 | 239,239 | 1,459,787 | 1,226,185 | 1,049,444 | 848,028 | 752,765 | 594,082 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 3,840 | 26,335 | 31,934 | 10,941 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 70,024 | 50,222 | 33,989 | 36,452 | 38,943 | 25,300 | 30,483 | 31,065 | 16,259 | 20,872 | 24,449 | 26,695 | 27,978 | 25,174 | 24,261 |
| total long term liabilities | 70,024 | 50,222 | 37,829 | 62,787 | 70,877 | 36,241 | 30,483 | 31,065 | 16,259 | 20,872 | 24,449 | 26,695 | 27,978 | 25,174 | 24,261 |
| total liabilities | 364,634 | 274,352 | 189,260 | 301,616 | 324,896 | 250,200 | 249,073 | 257,803 | 255,498 | 1,480,659 | 1,250,634 | 1,076,139 | 876,006 | 777,939 | 618,343 |
| net assets | 961,224 | 958,597 | 926,490 | 835,972 | 755,594 | 619,516 | 501,995 | 413,503 | 349,681 | 328,807 | 321,899 | 321,633 | 296,707 | 241,987 | 205,312 |
| total shareholders funds | 961,224 | 958,597 | 926,490 | 835,972 | 755,594 | 619,516 | 501,995 | 413,503 | 349,681 | 328,807 | 321,899 | 321,633 | 296,707 | 241,987 | 205,312 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 32,592 | 34,613 | 41,153 | 46,032 | 28,548 | 14,460 | 20,601 | 18,361 | 26,506 | 31,042 | 25,194 | 24,754 | 27,029 | 28,612 | 29,866 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 260 | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Tax | |||||||||||||||
| Stock | -4,959 | 6,408 | -194 | 1,556 | 937 | -690 | 601 | -1,947 | 323 | 369 | -333 | 1,183 | 390 | 1,032 | 10,684 |
| Debtors | 32,264 | 116,993 | 17,367 | 63,156 | 195,946 | 24,779 | 74,472 | -58,450 | -1,190,934 | 245,200 | 210,718 | 228,398 | 177,630 | 199,932 | 447,905 |
| Creditors | 35,710 | 29,441 | -19,530 | -18,498 | 42,896 | -26,217 | -27,728 | 8,500 | -1,380,189 | 233,602 | 176,741 | 202,004 | 94,675 | 158,683 | 594,082 |
| Accruals and Deferred Income | 46,872 | 56,683 | -72,162 | 5,875 | -17,742 | 12,397 | 19,580 | 13,005 | 125,635 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 19,802 | 16,233 | -2,463 | -2,491 | 13,643 | -5,183 | -582 | 14,806 | -4,613 | -3,577 | -2,246 | -1,283 | 2,804 | 913 | 24,261 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | -12,102 | -17,265 | -18,201 | -8,166 | 35,899 | 20,130 | 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 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 2,246 | -8,285 | -6,092 | 21,443 | -46,821 | 27,844 | -46,972 | 70,752 | -182 | -9 | 2,461 | -381 | -29,660 | -7,022 | 37,810 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34,006 | 34,006 | 0 | 0 | -588 | 588 | 0 | 0 |
| change in cash | 2,246 | -8,285 | -6,092 | 21,443 | -46,821 | 27,844 | -46,972 | 104,758 | -34,188 | -9 | 2,461 | 207 | -30,248 | -7,022 | 37,810 |
the devonshire hotel limited Credit Report and Business Information
The Devonshire Hotel Limited Competitor Analysis
Perform a competitor analysis for the devonshire hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TQ1 area or any other competitors across 12 key performance metrics.
the devonshire hotel limited Ownership
THE DEVONSHIRE HOTEL LIMITED group structure
The Devonshire Hotel Limited has no subsidiary companies.
Ultimate parent company
2 parents
THE DEVONSHIRE HOTEL LIMITED
02772103
the devonshire hotel limited directors
The Devonshire Hotel Limited currently has 4 directors. The longest serving directors include Mr George Brown (Jan 2011) and Mr Gary Moss (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Brown | England | 59 years | Jan 2011 | - | Director |
| Mr Gary Moss | 72 years | Apr 2016 | - | Director | |
| Mr Paul Harper | United Kingdom | 43 years | Nov 2017 | - | Director |
| Mr Samuel Wilson | 46 years | Jan 2024 | - | Director |
P&L
September 2023turnover
2.1m
+29%
operating profit
2.7k
0%
gross margin
62.8%
+4.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
961.2k
0%
total assets
1.3m
+0.08%
cash
17.1k
+0.15%
net assets
Total assets minus all liabilities
the devonshire hotel limited company details
company number
02772103
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 1992
age
32
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
cliff tops hotel limited (February 2001)
fieldpine limited (January 1993)
accountant
HILLIER HOPKINS LLP
auditor
-
address
c/o the devonshire hotel, park hill road, torquay, devon, TQ1 2DY
Bank
-
Legal Advisor
-
the devonshire hotel 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 13 charges/mortgages relating to the devonshire hotel limited. Currently there are 1 open charges and 12 have been satisfied in the past.
the devonshire hotel 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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the devonshire hotel limited Companies House Filings - See Documents
| date | description | view/download |
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