classic country hotels limited
classic country hotels limited Company Information
Company Number
03049751
Next Accounts
Apr 2025
Directors
Shareholders
three ways house hotel ltd
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
suite 5 2nd floor bulman house, regent centre, newcastle upon tyne, NE3 3LS
classic country hotels limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC COUNTRY HOTELS LIMITED at £1.5m based on a Turnover of £1.5m and 0.97x industry multiple (adjusted for size and gross margin).
classic country hotels limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC COUNTRY HOTELS LIMITED at £184.8k based on an EBITDA of £47.9k and a 3.86x industry multiple (adjusted for size and gross margin).
classic country hotels limited Estimated Valuation
Pomanda estimates the enterprise value of CLASSIC COUNTRY HOTELS LIMITED at £6.5m based on Net Assets of £3.1m and 2.09x industry multiple (adjusted for liquidity).
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Classic Country Hotels Limited Overview
Classic Country Hotels Limited is a dissolved company that was located in newcastle upon tyne, NE3 3LS with a Companies House number of 03049751. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in April 1995, it's largest shareholder was three ways house hotel ltd with a 100% stake. The last turnover for Classic Country Hotels Limited was estimated at £1.5m.
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Classic Country Hotels Limited Health Check
Pomanda's financial health check has awarded Classic Country Hotels Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£4.6m)
- Classic Country Hotels Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (3.1%)
- Classic Country Hotels Limited
3.1% - Industry AVG
Production
with a gross margin of 44%, this company has a higher cost of product (61.2%)
- Classic Country Hotels Limited
61.2% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (7.7%)
- Classic Country Hotels Limited
7.7% - Industry AVG
Employees
with 48 employees, this is below the industry average (90)
48 - Classic Country Hotels Limited
90 - Industry AVG
Pay Structure
on an average salary of £18.7k, the company has an equivalent pay structure (£18.7k)
- Classic Country Hotels Limited
£18.7k - Industry AVG
Efficiency
resulting in sales per employee of £32k, this is less efficient (£56.3k)
- Classic Country Hotels Limited
£56.3k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (9 days)
- Classic Country Hotels Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (46 days)
- Classic Country Hotels Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (8 days)
- Classic Country Hotels 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 (7 weeks)
0 weeks - Classic Country Hotels Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (70.3%)
25.9% - Classic Country Hotels Limited
70.3% - Industry AVG
CLASSIC COUNTRY HOTELS LIMITED financials
Classic Country Hotels Limited's latest turnover from March 2019 is estimated at £1.5 million and the company has net assets of £3.1 million. According to their latest financial statements, Classic Country Hotels Limited has 48 employees and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Jul 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 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 | 48 | 47 | 47 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Jul 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,108,198 | 1,397,746 | 1,426,215 | 1,431,717 | 1,590,213 | 1,607,040 | 1,635,242 | 1,651,976 | 1,698,590 | 1,725,188 | 1,766,385 |
| Intangible Assets | 1 | ||||||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | |||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 4,108,198 | 1,397,746 | 1,426,215 | 1,431,717 | 1,590,213 | 1,607,140 | 1,635,342 | 1,652,076 | 1,698,690 | 1,725,288 | 1,766,486 |
| Stock & work in progress | 10,123 | 11,884 | 12,191 | 11,498 | 11,080 | 11,180 | 11,245 | 13,506 | 18,219 | 16,399 | 16,741 |
| Trade Debtors | 64,683 | 17,535 | 35,886 | 32,689 | 66,470 | 120,924 | 87,549 | 93,444 | 57,044 | 73,360 | 74,031 |
| Group Debtors | |||||||||||
| Misc Debtors | 15,332 | 75,162 | 40,521 | 37,674 | |||||||
| Cash | 9,982 | 17,426 | 4,519 | 4,120 | 3,946 | 3,578 | 4,553 | 4,208 | 71,789 | 87,097 | 111,642 |
| misc current assets | |||||||||||
| total current assets | 100,120 | 122,007 | 93,117 | 85,981 | 81,496 | 135,682 | 103,347 | 111,158 | 147,052 | 176,856 | 202,414 |
| total assets | 4,208,318 | 1,519,753 | 1,519,332 | 1,517,698 | 1,671,709 | 1,742,822 | 1,738,689 | 1,763,234 | 1,845,742 | 1,902,144 | 1,968,900 |
| Bank overdraft | 60,000 | 22,592 | 5,142 | ||||||||
| Bank loan | |||||||||||
| Trade Creditors | 79,348 | 102,944 | 67,055 | 72,281 | 586,661 | 539,236 | 586,369 | 726,476 | 555,400 | 519,131 | 495,404 |
| Group/Directors Accounts | 59,179 | 31,256 | |||||||||
| other short term finances | |||||||||||
| hp & lease commitments | 625 | ||||||||||
| other current liabilities | 425,065 | 293,430 | 422,904 | 415,364 | |||||||
| total current liabilities | 563,592 | 487,630 | 512,551 | 493,412 | 586,661 | 539,236 | 586,369 | 726,476 | 555,400 | 519,131 | 495,404 |
| loans | 97,000 | ||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 120,000 | 120,000 | 240,000 | 360,625 | 480,000 | 442,532 | 427,613 | 683,311 | 802,376 | 901,832 | |
| provisions | 526,972 | 10,039 | 10,039 | 7,372 | 8,963 | 11,163 | 10,659 | 21,081 | 24,459 | 27,096 | 29,423 |
| total long term liabilities | 526,972 | 130,039 | 227,039 | 247,372 | 369,588 | 491,163 | 453,191 | 448,694 | 707,770 | 829,472 | 931,255 |
| total liabilities | 1,090,564 | 617,669 | 739,590 | 740,784 | 956,249 | 1,030,399 | 1,039,560 | 1,175,170 | 1,263,170 | 1,348,603 | 1,426,659 |
| net assets | 3,117,754 | 902,084 | 779,742 | 776,914 | 715,460 | 712,423 | 699,129 | 588,064 | 582,572 | 553,541 | 542,241 |
| total shareholders funds | 3,117,754 | 902,084 | 779,742 | 776,914 | 715,460 | 712,423 | 699,129 | 588,064 | 582,572 | 553,541 | 542,241 |
| Mar 2019 | Jul 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 32,657 | 29,376 | 41,779 | 42,097 | 20,040 | 53,173 | 62,801 | 66,777 | 69,890 | 84,227 | 95,984 |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -1,761 | -307 | 693 | 418 | -100 | -65 | -2,261 | -4,713 | 1,820 | -342 | 16,741 |
| Debtors | -12,682 | 16,290 | 6,044 | 3,893 | -54,454 | 33,375 | -5,895 | 36,400 | -16,316 | -671 | 74,031 |
| Creditors | -23,596 | 35,889 | -5,226 | -514,380 | 47,425 | -47,133 | -140,107 | 171,076 | 36,269 | 23,727 | 495,404 |
| Accruals and Deferred Income | 131,635 | -129,474 | 7,540 | 415,364 | |||||||
| Deferred Taxes & Provisions | 516,933 | 2,667 | -1,591 | -2,200 | 504 | -10,422 | -3,378 | -2,637 | -2,327 | 29,423 | |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -100 | 100 | |||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 27,923 | 31,256 | |||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | -97,000 | 97,000 | |||||||||
| Hire Purchase and Lease Commitments | -625 | 625 | |||||||||
| other long term liabilities | -120,000 | -120,000 | -120,625 | -119,375 | 37,468 | 14,919 | -255,698 | -119,065 | -99,456 | 901,832 | |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -7,444 | 12,907 | 399 | 174 | 368 | -975 | 345 | -67,581 | -15,308 | -24,545 | 111,642 |
| overdraft | -60,000 | 37,408 | 17,450 | 5,142 | |||||||
| change in cash | 52,556 | -24,501 | -17,051 | -4,968 | 368 | -975 | 345 | -67,581 | -15,308 | -24,545 | 111,642 |
classic country hotels limited Credit Report and Business Information
Classic Country Hotels Limited Competitor Analysis
Perform a competitor analysis for classic country hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in NE3 area or any other competitors across 12 key performance metrics.
classic country hotels limited Ownership
CLASSIC COUNTRY HOTELS LIMITED group structure
Classic Country Hotels Limited has no subsidiary companies.
Ultimate parent company
2 parents
CLASSIC COUNTRY HOTELS LIMITED
03049751
classic country hotels limited directors
Classic Country Hotels Limited currently has 1 director, Mr Adam Stanborough serving since Jul 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Stanborough | England | 42 years | Jul 2021 | - | Director |
P&L
March 2019turnover
1.5m
+42%
operating profit
15.2k
0%
gross margin
44.1%
-0.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
3.1m
+2.46%
total assets
4.2m
+1.77%
cash
10k
-0.43%
net assets
Total assets minus all liabilities
Similar Companies
classic country hotels limited company details
company number
03049751
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
April 1995
age
30
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2019
previous names
N/A
accountant
-
auditor
-
address
suite 5 2nd floor bulman house, regent centre, newcastle upon tyne, NE3 3LS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
classic country hotels 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 classic country hotels limited. Currently there are 5 open charges and 9 have been satisfied in the past.
classic country hotels 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 CLASSIC COUNTRY HOTELS LIMITED. This can take several minutes, an email will notify you when this has completed.
classic country hotels limited Companies House Filings - See Documents
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