The Willett Hotel Limited

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the willett hotel limited Company Information

Live

Mature

Company Number

02824078

Website

https://willett.hotels-of-london.com

Registered Address

65 broadway, london, E15 4BQ

Industry

Hotels and similar accommodation

Telephone

Next Accounts Due

March 2025

Group Structure

View All

Directors

Salim Said2 Years

Shareholders

salim ahmed said 100%

the willett hotel limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE WILLETT HOTEL LIMITED at £0 based on a Turnover of £0 and 1.1x industry multiple (adjusted for size and gross margin).

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The Willett Hotel Limited is a live company located in london, E15 4BQ with a Companies House number of 02824078. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 1993, it's largest shareholder is salim ahmed said with a 100% stake. The Willett Hotel Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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There is insufficient data available to calculate a health check for The Willett Hotel Limited. Company Health Check FAQs

Health Rating0out of 5

0 Strong

0 Regular

1 Weak

Size

There is insufficient data available for this Key Performance Indicator!

Growth

There is insufficient data available for this Key Performance Indicator!

EXPORT

The Willett Hotel Limited's latest turnover from June 2023 is estimated at 0 and the company has net assets of £2. According to their latest financial statements, we estimate that The Willett Hotel Limited has no employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	0	0	18,929	39,917	40,630	1,785	1,596	1,638	13,333	67,059	12,021	14,376	13,974	21,473
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	0	0	16,392	23,163	22,780	1,005	896	909	7,315	37,902	6,875	8,354	8,077	12,113
Gross Profit	0	0	2,537	16,754	17,850	781	700	729	6,018	29,156	5,146	6,022	5,897	9,360
Admin Expenses	-2,970,000	-978,750	2,537	16,754	468,079	2,043	1,866	1,677	7,443	29,872	6,215	6,994	3,203	-623,653
Operating Profit	2,970,000	978,750	0	0	-450,229	-1,262	-1,166	-948	-1,425	-716	-1,069	-972	2,694	633,013
Interest Payable	2,970,000	978,750	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	1	2	1	1	1	2	3	4	9	6
Pre-Tax Profit	0	0	0	0	-450,228	-1,260	-1,165	-947	-1,424	-714	-1,066	-968	2,703	633,019
Tax	0	0	0	0	0	0	0	0	0	0	0	0	-703	-177,245
Profit After Tax	0	0	0	0	-450,228	-1,260	-1,165	-947	-1,424	-714	-1,066	-968	2,000	455,774
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	0	0	0	0	-450,228	-1,260	-1,165	-947	-1,424	-714	-1,066	-968	2,000	455,774
Employee Costs	0	0	18,456	19,438	19,127	18,200	17,578	17,332	16,473	15,711	15,470	15,358	15,404	14,978
Number Of Employees	0	0	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	2,970,000	978,750	0	0	-450,229	-1,262	-1,166	-948	-1,425	-716	-1,069	-972	2,694	633,013

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	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	2	52,502	52,504	52,504	52,504	52,504	52,504	52,504	52,504
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	6,135,258	6,135,534	6,136,481	6,135,938	6,136,503	6,132,538
Total Fixed Assets	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	2	52,502	52,504	6,187,762	6,188,038	6,188,985	6,188,442	6,189,007	6,185,042
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	0	0	0	0	0	194	0	108	255	255	756
Group Debtors	0	0	0	0	0	1,678,839	1,680,109	6,132,853	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	230	4,451,481	0	0	0	0	0	0	0
Cash	0	0	0	0	0	382	481	381	34	256	367	714	969	2,535
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	0	0	0	0	0	1,679,451	6,132,071	6,133,234	228	256	475	969	1,224	3,291
total assets	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	1,679,453	6,184,573	6,185,738	6,187,990	6,188,294	6,189,460	6,189,411	6,190,231	6,188,333
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	0	0	0	0	0	1,345	1,223	1,223	56,038	54,918	55,370	54,255	54,107	54,209
Group/Directors Accounts	0	0	0	0	0	1,226,866	5,730,848	5,730,848	0	0	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	0	0	0	0	0	1,010	1,010	1,010	0	0	0	0	0	0
total current liabilities	0	0	0	0	0	1,229,221	5,733,081	5,733,081	56,038	54,918	55,370	54,255	54,107	54,209
loans	26,999,998	26,999,998	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	26,999,998	26,999,998	26,999,998	0	0	0	5,678,348	5,678,348	5,678,348	5,678,348	5,678,348	5,678,348
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	26,999,998	26,999,998	26,999,998	26,999,998	26,999,998	0	0	0	5,678,348	5,678,348	5,678,348	5,678,348	5,678,348	5,678,348
total liabilities	26,999,998	26,999,998	26,999,998	26,999,998	26,999,998	1,229,221	5,733,081	5,733,081	5,734,386	5,733,266	5,733,718	5,732,603	5,732,455	5,732,557
net assets	2	2	2	2	2	450,232	451,492	452,657	453,604	455,028	455,742	456,808	457,776	455,776
total shareholders funds	2	2	2	2	2	450,232	451,492	452,657	453,604	455,028	455,742	456,808	457,776	455,776

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	2,970,000	978,750	0	0	-450,229	-1,262	-1,166	-948	-1,425	-716	-1,069	-972	2,694	633,013
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	0	0	0	0	0	0	0	0	0	0	0	0	-703	-177,245
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	0	0	0	0	-1,679,069	-4,452,521	-1,263	-2,599	-82	-1,055	396	-565	3,464	6,133,294
Creditors	0	0	0	0	-1,345	122	0	-54,815	1,120	-452	1,115	148	-102	54,209
Accruals and Deferred Income	0	0	0	0	-1,010	0	0	1,010	0	0	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	2,970,000	978,750	0	0	1,226,485	4,451,381	97	-52,154	-223	-113	-350	-259	-1,575	-5,623,317
Investing Activities
capital expenditure	0	0	0	0	-27,000,000	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	-2	-52,500	-2	0	0	0	0	0	0	52,504
cash flow from investments	0	0	0	0	-26,999,998	52,500	2	0	0	0	0	0	0	-52,504
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	-1,226,866	-4,503,982	0	5,730,848	0	0	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	26,999,998	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	-26,999,998	0	0	26,999,998	0	0	-5,678,348	0	0	0	0	0	5,678,348
share issue	0	0	0	0	-2	0	0	0	0	0	0	0	0	2
interest	-2,970,000	-978,750	0	0	1	2	1	1	1	2	3	4	9	6
cash flow from financing	-2,970,000	-978,750	0	0	25,773,131	-4,503,980	1	52,501	1	2	3	4	9	5,678,356
cash and cash equivalents
cash	0	0	0	0	-382	-99	100	347	-222	-111	-347	-255	-1,566	2,535
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	-382	-99	100	347	-222	-111	-347	-255	-1,566	2,535

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for the willett hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mature companies, companies in E15 area or any other competitors across 12 key performance metrics.

THE WILLETT HOTEL LIMITED group structure

The Willett Hotel Limited has 1 subsidiary company.

Ultimate parent company

THE WILLETT HOTEL LIMITED

02824078

1 subsidiary

ROBINBEST LIMITED

02873779

THE WILLETT HOTEL LIMITED Shareholders

salim ahmed said

100%

The Willett Hotel Limited currently has 2 directors. The longest serving directors include Mr Salim Said (Jun 2022) and Mr Salim Said (Jun 2022).

officer	country	age	start	end	role
Mr Salim Said	England	46 years	Jun 2022	-	Director
Mr Salim Said	England	46 years	Jun 2022	-	Director

P&L

June 2023

turnover

operating profit

gross margin

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

total assets

27m

cash

net assets

Total assets minus all liabilities

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company number

02824078

Type

Private limited with Share Capital

industry

55100 - Hotels and similar accommodation

incorporation date

June 1993

accounts

Dormant

ultimate parent company

None

previous names

finchlark limited (June 1993)

last accounts submitted

June 2023

address

65 broadway, london, E15 4BQ

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 the willett hotel limited. Currently there are 0 open charges and 6 have been satisfied in the past.

the willett hotel limited Company Information

the willett hotel limited Estimated Valuation

the willett hotel limited Estimated Valuation

the willett hotel limited Estimated Valuation

The Willett Hotel Limited Overview

The Willett Hotel Limited Health Check

THE WILLETT HOTEL LIMITED financials

the willett hotel limited Credit Report and Business Information

The Willett Hotel Limited Competitor Analysis

the willett hotel limited Ownership

the willett hotel limited directors

the willett hotel limited company details

the willett hotel limited Charges & Mortgages

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