ferrari's country house limited
ferrari's country house limited Company Information
Company Number
03937006
Registered Address
c/o ferrari's country house, chipping road, thornley, preston, lancashire, PR3 2TB
Industry
Licensed restaurants
Hotels and similar accommodation
Telephone
01772783148
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
susan ferrari 60%
suzy antonia ferrari-topping 10%
View Allferrari's country house limited Estimated Valuation
Pomanda estimates the enterprise value of FERRARI'S COUNTRY HOUSE LIMITED at £1.1m based on a Turnover of £1.3m and 0.9x industry multiple (adjusted for size and gross margin).
ferrari's country house limited Estimated Valuation
Pomanda estimates the enterprise value of FERRARI'S COUNTRY HOUSE LIMITED at £212.4k based on an EBITDA of £44.5k and a 4.77x industry multiple (adjusted for size and gross margin).
ferrari's country house limited Estimated Valuation
Pomanda estimates the enterprise value of FERRARI'S COUNTRY HOUSE LIMITED at £774.3k based on Net Assets of £298.7k and 2.59x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ferrari's Country House Limited Overview
Ferrari's Country House Limited is a live company located in preston, PR3 2TB with a Companies House number of 03937006. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 2000, it's largest shareholder is susan ferrari with a 60% stake. Ferrari's Country House Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Ferrari's Country House Limited Health Check
Pomanda's financial health check has awarded Ferrari'S Country House Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£3.1m)
- Ferrari's Country House Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.4%)
- Ferrari's Country House Limited
2.4% - Industry AVG
Production
with a gross margin of 59.6%, this company has a comparable cost of product (59.6%)
- Ferrari's Country House Limited
59.6% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (6.6%)
- Ferrari's Country House Limited
6.6% - Industry AVG
Employees
with 26 employees, this is below the industry average (56)
26 - Ferrari's Country House Limited
56 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Ferrari's Country House Limited
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £48.3k, this is less efficient (£57.6k)
- Ferrari's Country House Limited
£57.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ferrari's Country House Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is close to average (47 days)
- Ferrari's Country House Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is in line with average (11 days)
- Ferrari's Country House Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Ferrari's Country House Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57%, this is a lower level of debt than the average (80.6%)
57% - Ferrari's Country House Limited
80.6% - Industry AVG
FERRARI'S COUNTRY HOUSE LIMITED financials
Ferrari'S Country House Limited's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of £298.7 thousand. According to their latest financial statements, Ferrari'S Country House Limited has 26 employees and maintains cash reserves of £20.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 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 | ||||||||||||||
| 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 | 26 | 28 | 21 | 32 | 32 | 35 | 24 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 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 | 108,962 | 92,323 | 97,709 | 115,721 | 136,840 | 149,781 | 242,376 | 252,553 | 275,656 | 346,927 | 346,487 | 366,653 | 387,735 | 333,915 |
| Intangible Assets | 0 | 0 | 0 | 0 | 400 | 800 | 1,200 | 1,600 | 2,000 | 2,400 | 2,800 | 3,200 | 3,600 | 4,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 108,962 | 92,323 | 97,709 | 115,721 | 137,240 | 150,581 | 243,576 | 254,153 | 277,656 | 349,327 | 349,287 | 369,853 | 391,335 | 337,915 |
| Stock & work in progress | 15,000 | 10,000 | 10,000 | 18,500 | 18,500 | 18,500 | 13,500 | 8,500 | 8,500 | 8,500 | 8,500 | 6,500 | 6,500 | 6,500 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 95,811 | 215,414 | 188,425 | 84,413 | 57,984 | 21,448 |
| Group Debtors | 0 | 0 | 0 | 0 | 298,226 | 274,237 | 137,202 | 57,556 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 550,586 | 523,463 | 486,060 | 500,771 | 102,259 | 155,333 | 147,409 | 104,889 | 0 | 0 | 0 | 0 | 10,833 | 26,268 |
| Cash | 20,422 | 19,345 | 402 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 586,008 | 552,808 | 496,462 | 519,403 | 419,117 | 448,202 | 298,243 | 171,077 | 104,443 | 224,046 | 197,057 | 91,045 | 75,449 | 54,348 |
| total assets | 694,970 | 645,131 | 594,171 | 635,124 | 556,357 | 598,783 | 541,819 | 425,230 | 382,099 | 573,373 | 546,344 | 460,898 | 466,784 | 392,263 |
| Bank overdraft | 0 | 0 | 47,791 | 47,766 | 33,637 | 38,951 | 47,122 | 34,511 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 70,862 | 84,223 | 0 | 0 | 22,549 | 118,848 | 82,591 | 56,101 | 217,992 | 360,419 | 341,852 | 271,560 | 232,863 | 186,462 |
| Group/Directors Accounts | 0 | 0 | 476 | 26,221 | 46,157 | 17,751 | 29,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 9,768 | 9,527 | 833 | 34,725 | 41,230 | 15,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 7,500 | 12,250 | 13,776 | 13,776 | 13,776 | 13,776 | 26,667 | 26,667 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 240,060 | 203,362 | 249,119 | 209,418 | 105,411 | 141,354 | 91,795 | 84,315 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 328,190 | 309,362 | 311,995 | 331,906 | 262,760 | 345,680 | 292,919 | 201,594 | 217,992 | 360,419 | 341,852 | 271,560 | 232,863 | 186,462 |
| loans | 29,923 | 39,691 | 49,167 | 14,800 | 49,525 | 44,800 | 59,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 18,750 | 0 | 10,745 | 19,516 | 33,292 | 46,526 | 23,075 | 45,927 | 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 | 26,304 | 70,261 | 103,632 | 137,038 | 119,608 |
| provisions | 19,368 | 15,395 | 16,133 | 23,080 | 22,673 | 24,982 | 29,267 | 31,422 | 33,926 | 35,781 | 32,095 | 32,070 | 32,210 | 31,604 |
| total long term liabilities | 68,041 | 55,086 | 76,045 | 57,396 | 105,490 | 116,308 | 112,142 | 77,349 | 33,926 | 62,085 | 102,356 | 135,702 | 169,248 | 151,212 |
| total liabilities | 396,231 | 364,448 | 388,040 | 389,302 | 368,250 | 461,988 | 405,061 | 278,943 | 251,918 | 422,504 | 444,208 | 407,262 | 402,111 | 337,674 |
| net assets | 298,739 | 280,683 | 206,131 | 245,822 | 188,107 | 136,795 | 136,758 | 146,287 | 130,181 | 150,869 | 102,136 | 53,636 | 64,673 | 54,589 |
| total shareholders funds | 298,739 | 280,683 | 206,131 | 245,822 | 188,107 | 136,795 | 136,758 | 146,287 | 130,181 | 150,869 | 102,136 | 53,636 | 64,673 | 54,589 |
| Mar 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 | ||||||||||||||
| Depreciation | 18,492 | 16,339 | 18,012 | 21,119 | 25,440 | 927,625 | 20,470 | 23,103 | 23,535 | 21,215 | 21,315 | 24,624 | 28,480 | 33,009 |
| Amortisation | 0 | 0 | 0 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 | 400 |
| Tax | ||||||||||||||
| Stock | 5,000 | 0 | -8,500 | 0 | 0 | 5,000 | 5,000 | 0 | 0 | 0 | 2,000 | 0 | 0 | 6,500 |
| Debtors | 27,123 | 37,403 | -14,711 | 100,286 | -29,085 | 144,959 | 122,166 | 66,634 | -119,603 | 26,989 | 104,012 | 15,596 | 21,101 | 47,716 |
| Creditors | -13,361 | 84,223 | 0 | -22,549 | -96,299 | 36,257 | 26,490 | -161,891 | -142,427 | 18,567 | 70,292 | 38,697 | 46,401 | 186,462 |
| Accruals and Deferred Income | 36,698 | -45,757 | 39,701 | 104,007 | -35,943 | 49,559 | 7,480 | 84,315 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 3,973 | -738 | -6,947 | 407 | -2,309 | -4,285 | -2,155 | -2,504 | -1,855 | 3,686 | 25 | -140 | 606 | 31,604 |
| 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 |
| 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 | 0 | -476 | -25,745 | -19,936 | 28,406 | -11,993 | 29,744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 241 | 8,694 | -33,892 | -6,505 | 26,230 | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,768 | -9,476 | 34,367 | -34,725 | 4,725 | -15,000 | 59,800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 14,000 | -12,271 | -8,771 | -13,776 | -13,234 | 10,560 | -22,852 | 72,594 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,304 | -43,957 | -33,371 | -33,406 | 17,430 | 119,608 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,077 | 18,943 | 270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 132 |
| overdraft | 0 | -47,791 | 25 | 14,129 | -5,314 | -8,171 | 12,611 | 34,511 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,077 | 66,734 | 245 | -14,129 | 5,314 | 8,171 | -12,611 | -34,511 | 0 | 0 | 0 | 0 | 0 | 132 |
ferrari's country house limited Credit Report and Business Information
Ferrari's Country House Limited Competitor Analysis
Perform a competitor analysis for ferrari's country house limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in PR3 area or any other competitors across 12 key performance metrics.
ferrari's country house limited Ownership
FERRARI'S COUNTRY HOUSE LIMITED group structure
Ferrari'S Country House Limited has no subsidiary companies.
Ultimate parent company
FERRARI'S COUNTRY HOUSE LIMITED
03937006
ferrari's country house limited directors
Ferrari'S Country House Limited currently has 3 directors. The longest serving directors include Ms Susan Ferrari (Mar 2000) and Ms Susan Ferrari (Mar 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Susan Ferrari | 67 years | Mar 2000 | - | Director | |
| Ms Susan Ferrari | 67 years | Mar 2000 | - | Director | |
| Virginio Ferrari | 76 years | Mar 2000 | - | Director |
P&L
March 2023turnover
1.3m
+15%
operating profit
26k
0%
gross margin
59.7%
+2.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
298.7k
+0.06%
total assets
695k
+0.08%
cash
20.4k
+0.06%
net assets
Total assets minus all liabilities
ferrari's country house limited company details
company number
03937006
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
55100 - Hotels and similar accommodation
incorporation date
March 2000
age
24
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
c/o ferrari's country house, chipping road, thornley, preston, lancashire, PR3 2TB
accountant
WALLWORK NELSON & JOHNSON
auditor
-
ferrari's country house 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 3 charges/mortgages relating to ferrari's country house limited. Currently there are 1 open charges and 2 have been satisfied in the past.
ferrari's country house limited Companies House Filings - See Documents
| date | description | view/download |
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