sykes cottages ltd
sykes cottages ltd Company Information
Company Number
04469189
Next Accounts
Jun 2025
Shareholders
go-sykes ltd
Group Structure
View All
Industry
Other reservation service and related activities (not including activities of tourist guides)
Registered Address
sykes cottages ltd, one city place, chester, cheshire, CH1 3BQ
Website
www.sykescottages.co.uksykes cottages ltd Estimated Valuation
Pomanda estimates the enterprise value of SYKES COTTAGES LTD at £368m based on a Turnover of £136.6m and 2.69x industry multiple (adjusted for size and gross margin).
sykes cottages ltd Estimated Valuation
Pomanda estimates the enterprise value of SYKES COTTAGES LTD at £757m based on an EBITDA of £38.9m and a 19.47x industry multiple (adjusted for size and gross margin).
sykes cottages ltd Estimated Valuation
Pomanda estimates the enterprise value of SYKES COTTAGES LTD at £215.1m based on Net Assets of £88.5m and 2.43x industry multiple (adjusted for liquidity).
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Sykes Cottages Ltd Overview
Sykes Cottages Ltd is a live company located in chester, CH1 3BQ with a Companies House number of 04469189. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in June 2002, it's largest shareholder is go-sykes ltd with a 100% stake. Sykes Cottages Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £136.6m with high growth in recent years.
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Sykes Cottages Ltd Health Check
Pomanda's financial health check has awarded Sykes Cottages Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £136.6m, make it larger than the average company (£1.6m)
£136.6m - Sykes Cottages Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (4.2%)
25% - Sykes Cottages Ltd
4.2% - Industry AVG
Production
with a gross margin of 70.1%, this company has a lower cost of product (44.7%)
70.1% - Sykes Cottages Ltd
44.7% - Industry AVG
Profitability
an operating margin of 19.4% make it more profitable than the average company (7%)
19.4% - Sykes Cottages Ltd
7% - Industry AVG
Employees
with 981 employees, this is above the industry average (17)
981 - Sykes Cottages Ltd
17 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£39.5k)
£38.9k - Sykes Cottages Ltd
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £139.2k, this is equally as efficient (£139.2k)
£139.2k - Sykes Cottages Ltd
£139.2k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (30 days)
41 days - Sykes Cottages Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 347 days, this is slower than average (46 days)
347 days - Sykes Cottages Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sykes Cottages Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is average cash available to meet short term requirements (28 weeks)
28 weeks - Sykes Cottages Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59%, this is a similar level of debt than the average (64%)
59% - Sykes Cottages Ltd
64% - Industry AVG
SYKES COTTAGES LTD financials
Sykes Cottages Ltd's latest turnover from September 2023 is £136.6 million and the company has net assets of £88.5 million. According to their latest financial statements, Sykes Cottages Ltd has 981 employees and maintains cash reserves of £61.7 million 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 | 136,563,000 | 124,698,000 | 86,480,000 | 70,115,000 | 68,968,000 | 46,521,000 | 34,651,000 | 27,275,000 | 22,009,000 | 17,447,000 | 13,456,880 | 9,710,514 | 6,881,753 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 40,771,000 | 33,265,000 | 18,463,000 | 20,849,000 | 23,582,000 | 17,392,000 | 13,040,000 | 10,321,000 | 8,567,000 | 6,720,000 | 4,836,313 | 3,400,407 | 2,049,386 | ||
| Gross Profit | 95,792,000 | 91,433,000 | 68,017,000 | 49,266,000 | 45,386,000 | 29,129,000 | 21,611,000 | 16,954,000 | 13,442,000 | 10,727,000 | 8,620,567 | 6,310,107 | 4,832,367 | ||
| Admin Expenses | 69,275,000 | 69,421,000 | 36,616,000 | 40,848,000 | 35,561,000 | 22,141,000 | 16,082,000 | 11,846,000 | 10,353,000 | 7,488,000 | 4,827,933 | 3,967,809 | 3,509,538 | ||
| Operating Profit | 26,517,000 | 22,012,000 | 31,401,000 | 8,418,000 | 9,825,000 | 6,988,000 | 5,529,000 | 5,108,000 | 3,089,000 | 3,239,000 | 3,792,634 | 2,342,298 | 1,322,829 | ||
| Interest Payable | 1,993,000 | 2,381,000 | 2,191,000 | 3,159,000 | 3,773,000 | 570,000 | 6,000 | 5,000 | |||||||
| Interest Receivable | 2,445,000 | 1,330,000 | 980,000 | 728,000 | 627,000 | 640,000 | 463,000 | 340,000 | 232,000 | 40,000 | 59,444 | 53,731 | 34,710 | ||
| Pre-Tax Profit | 26,969,000 | 20,961,000 | 30,190,000 | 5,987,000 | 6,679,000 | 7,058,000 | 5,992,000 | 5,448,000 | 3,315,000 | 3,274,000 | 3,852,078 | 2,396,029 | 1,357,539 | ||
| Tax | 1,699,000 | 1,685,000 | -4,021,000 | 644,000 | -1,306,000 | -552,000 | -1,025,000 | -784,000 | 204,000 | -930,000 | -920,767 | -616,385 | -354,619 | ||
| Profit After Tax | 28,668,000 | 22,646,000 | 26,169,000 | 6,631,000 | 5,373,000 | 6,506,000 | 4,967,000 | 4,664,000 | 3,519,000 | 2,344,000 | 2,931,311 | 1,779,644 | 1,002,920 | ||
| Dividends Paid | 1,870,000 | 2,748,132 | 552,632 | ||||||||||||
| Retained Profit | 28,668,000 | 22,646,000 | 26,169,000 | 6,631,000 | 5,373,000 | 6,506,000 | 4,967,000 | 4,664,000 | 3,519,000 | 474,000 | 183,179 | 1,779,644 | 450,288 | ||
| Employee Costs | 38,167,000 | 31,907,000 | 27,448,000 | 20,642,000 | 15,292,000 | 10,781,000 | 7,559,000 | 4,608,000 | 4,105,000 | 3,463,000 | 2,911,626 | 2,471,050 | 2,441,476 | ||
| Number Of Employees | 981 | 877 | 760 | 629 | 368 | 247 | 245 | 227 | 178 | 159 | 110 | 86 | |||
| EBITDA* | 38,872,000 | 32,135,000 | 39,446,000 | 14,775,000 | 14,633,000 | 9,217,000 | 7,103,000 | 6,013,000 | 3,502,000 | 3,438,000 | 3,865,491 | 2,412,016 | 1,383,358 |
* 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 | 7,128,000 | 26,829,000 | 36,538,000 | 27,703,000 | 2,168,000 | 1,781,000 | 1,660,000 | 680,000 | 729,000 | 3,975,000 | 2,179,628 | 1,325,254 | 341,443 | 63,650 | 54,065 |
| Intangible Assets | 113,422,000 | 108,604,000 | 83,737,000 | 38,974,000 | 39,801,000 | 14,978,000 | 2,338,000 | 1,980,000 | 1,302,000 | 843,000 | 384,982 | 62,875 | 27,804 | 55,612 | 83,420 |
| Investments & Other | 12,832,000 | 19,037,000 | 29,009,000 | 21,168,000 | 1,260,000 | 15,852,000 | 275,000 | 310,735 | 310,735 | ||||||
| Debtors (Due After 1 year) | 4,044,000 | 3,730,000 | 32,500 | ||||||||||||
| Total Fixed Assets | 133,382,000 | 135,433,000 | 120,275,000 | 66,677,000 | 43,229,000 | 32,611,000 | 3,998,000 | 6,704,000 | 5,761,000 | 5,093,000 | 2,875,345 | 1,698,864 | 401,747 | 119,262 | 137,485 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 15,607,000 | 2,053,000 | 1,304,000 | 8,652,000 | 13,707,000 | 8,590,000 | 1,718,000 | 3,196,000 | 1,874,000 | 141,000 | 78,707 | 74,823 | 64,485 | 178,924 | 143,675 |
| Group Debtors | 10,339,000 | 27,380,000 | 56,709,000 | 16,740,000 | 16,924,000 | 15,089,000 | |||||||||
| Misc Debtors | 5,196,000 | 4,312,000 | 1,500,000 | 1,420,000 | 1,219,000 | 1,857,000 | 426,000 | 182,000 | 156,086 | 173,229 | 64,674 | ||||
| Cash | 61,693,000 | 85,632,000 | 109,132,000 | 42,766,000 | 14,373,000 | 7,093,000 | 5,189,000 | 7,687,000 | 3,412,000 | 3,368,000 | 5,610,449 | 3,784,284 | 2,302,177 | 1,519,079 | 1,331,322 |
| misc current assets | |||||||||||||||
| total current assets | 82,496,000 | 102,336,000 | 139,316,000 | 109,547,000 | 46,039,000 | 34,464,000 | 22,422,000 | 10,883,000 | 5,286,000 | 3,691,000 | 5,845,242 | 4,032,336 | 2,431,336 | 1,698,003 | 1,474,997 |
| total assets | 215,878,000 | 237,769,000 | 259,591,000 | 176,224,000 | 89,268,000 | 67,075,000 | 26,420,000 | 17,587,000 | 11,047,000 | 8,784,000 | 8,720,587 | 5,731,200 | 2,833,083 | 1,817,265 | 1,612,482 |
| Bank overdraft | 615,000 | 43,986 | 11 | ||||||||||||
| Bank loan | 494,000 | ||||||||||||||
| Trade Creditors | 38,762,000 | 34,967,000 | 48,064,000 | 4,083,000 | 3,040,000 | 2,827,000 | 1,424,000 | 1,213,000 | 1,175,000 | 979,000 | 584,202 | 316,668 | 288,116 | ||
| Group/Directors Accounts | 60,973,000 | 14,333,000 | 12,786,000 | 1,264,000 | 18,000 | 2,000 | 2,194,104 | 3,250 | 3,736 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 1,114,000 | 1,207,000 | 902,000 | 489,000 | 54,000 | ||||||||||
| other current liabilities | 12,968,000 | 103,879,000 | 136,915,000 | 129,732,000 | 12,863,000 | 10,213,000 | 6,986,000 | 4,591,000 | 2,753,000 | 3,634,000 | 2,913,877 | 2,588,785 | 1,572,633 | 1,298,966 | 774,433 |
| total current liabilities | 113,817,000 | 140,053,000 | 185,881,000 | 134,304,000 | 30,784,000 | 25,826,000 | 9,674,000 | 5,822,000 | 3,928,000 | 5,230,000 | 5,692,183 | 2,952,689 | 1,864,496 | 1,298,966 | 774,433 |
| loans | 10,048,000 | 10,516,000 | 9,708,000 | 27,823,000 | |||||||||||
| hp & lease commitments | 4,673,000 | 5,024,000 | 5,258,000 | 4,854,000 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 17,000,000 | ||||||||||||||
| provisions | 8,864,000 | 19,058,000 | 15,870,000 | 5,436,000 | 2,944,000 | 1,188,000 | 191,000 | 177,000 | 195,000 | 149,000 | 96,994 | 30,280 | |||
| total long term liabilities | 13,537,000 | 14,553,000 | 13,193,000 | 7,572,000 | 30,767,000 | 18,188,000 | 191,000 | 177,000 | 195,000 | 149,000 | 96,994 | 30,280 | |||
| total liabilities | 127,354,000 | 154,606,000 | 199,074,000 | 141,876,000 | 61,551,000 | 44,014,000 | 9,865,000 | 5,999,000 | 4,123,000 | 5,379,000 | 5,789,177 | 2,982,969 | 1,864,496 | 1,298,966 | 774,433 |
| net assets | 88,524,000 | 83,163,000 | 60,517,000 | 34,348,000 | 27,717,000 | 23,061,000 | 16,555,000 | 11,588,000 | 6,924,000 | 3,405,000 | 2,931,410 | 2,748,231 | 968,587 | 518,299 | 838,049 |
| total shareholders funds | 88,524,000 | 83,163,000 | 60,517,000 | 34,348,000 | 27,717,000 | 23,061,000 | 16,555,000 | 11,588,000 | 6,924,000 | 3,405,000 | 2,931,410 | 2,748,231 | 968,587 | 518,299 | 838,049 |
| 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 | 26,517,000 | 22,012,000 | 31,401,000 | 8,418,000 | 9,825,000 | 6,988,000 | 5,529,000 | 5,108,000 | 3,089,000 | 3,239,000 | 3,792,634 | 2,342,298 | 1,322,829 | ||
| Depreciation | 2,037,000 | 1,945,000 | 1,742,000 | 1,393,000 | 705,000 | 532,000 | 297,000 | 261,000 | 162,000 | 82,000 | 56,448 | 41,914 | 32,721 | 32,137 | 25,995 |
| Amortisation | 10,318,000 | 8,178,000 | 6,303,000 | 4,964,000 | 4,103,000 | 1,697,000 | 1,277,000 | 644,000 | 251,000 | 117,000 | 16,409 | 27,804 | 27,808 | 27,808 | 27,808 |
| Tax | 1,699,000 | 1,685,000 | -4,021,000 | 644,000 | -1,306,000 | -552,000 | -1,025,000 | -784,000 | 204,000 | -930,000 | -920,767 | -616,385 | -354,619 | ||
| Stock | |||||||||||||||
| Debtors | 4,099,000 | -13,480,000 | -36,597,000 | 35,115,000 | 4,295,000 | 10,138,000 | 9,993,000 | 1,636,000 | 5,281,000 | 88,207 | -13,259 | 86,393 | -17,265 | 35,249 | 143,675 |
| Creditors | 3,795,000 | -13,097,000 | 43,981,000 | 1,043,000 | 213,000 | 1,403,000 | 211,000 | 38,000 | 196,000 | 394,798 | 267,534 | 28,552 | 288,116 | ||
| Accruals and Deferred Income | -90,911,000 | -33,036,000 | 7,183,000 | 116,869,000 | 2,650,000 | 3,227,000 | 2,395,000 | 1,838,000 | -881,000 | 720,123 | 325,092 | 1,016,152 | 273,667 | 524,533 | 774,433 |
| Deferred Taxes & Provisions | -10,194,000 | 3,188,000 | 10,434,000 | 2,492,000 | 1,756,000 | 997,000 | 14,000 | -18,000 | 46,000 | 52,006 | 66,714 | 30,280 | |||
| Cash flow from operations | -60,838,000 | 4,355,000 | 133,620,000 | 100,708,000 | 13,651,000 | 4,154,000 | -1,295,000 | 5,451,000 | -2,214,000 | 3,586,720 | 3,617,323 | 2,784,222 | 1,607,787 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -3,467,684,000 | -1,249,338 | -1,399,335 | -310,514 | |||||||||||
| Change in Investments | -6,205,000 | -9,972,000 | 7,841,000 | 19,908,000 | -14,592,000 | 15,852,000 | -275,000 | -35,735 | 310,735 | ||||||
| cash flow from investments | -3,467,648,265 | -1,249,338 | -1,710,070 | -310,514 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -494,000 | 494,000 | |||||||||||||
| Group/Directors Accounts | 60,973,000 | -14,333,000 | 1,547,000 | 11,522,000 | 1,246,000 | 18,000 | -2,000 | -2,192,104 | 2,190,854 | -486 | 3,736 | ||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,048,000 | -468,000 | 808,000 | -18,115,000 | 27,823,000 | ||||||||||
| Hire Purchase and Lease Commitments | -444,000 | 71,000 | 817,000 | 5,289,000 | 54,000 | ||||||||||
| other long term liabilities | -17,000,000 | 17,000,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 452,000 | -1,051,000 | -1,211,000 | -2,431,000 | -3,146,000 | 70,000 | 463,000 | 340,000 | 226,000 | 35,000 | 59,444 | ||||
| cash flow from financing | 27,626,000 | -1,448,000 | 414,000 | -30,084,000 | 9,055,000 | 28,592,000 | 1,709,000 | 358,000 | 224,000 | -2,157,514 | 2,250,298 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | -23,939,000 | -23,500,000 | 66,366,000 | 28,393,000 | 7,280,000 | 1,904,000 | -2,498,000 | 4,275,000 | 44,000 | -2,242,449 | 1,826,165 | 1,482,107 | 783,098 | 187,757 | 1,331,322 |
| overdraft | -615,000 | 615,000 | -43,986 | 43,975 | 11 | ||||||||||
| change in cash | -23,939,000 | -23,500,000 | 66,366,000 | 28,393,000 | 7,280,000 | 1,904,000 | -2,498,000 | 4,275,000 | 659,000 | -2,857,449 | 1,870,151 | 1,438,132 | 783,087 | 187,757 | 1,331,322 |
sykes cottages ltd Credit Report and Business Information
Sykes Cottages Ltd Competitor Analysis
Perform a competitor analysis for sykes cottages ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in CH1 area or any other competitors across 12 key performance metrics.
sykes cottages ltd Ownership
SYKES COTTAGES LTD group structure
Sykes Cottages Ltd has 15 subsidiary companies.
Ultimate parent company
2 parents
SYKES COTTAGES LTD
04469189
15 subsidiaries
sykes cottages ltd directors
Sykes Cottages Ltd currently has 2 directors. The longest serving directors include Mr Graham Donoghue (Dec 2017) and Mr James Shaw (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Donoghue | United Kingdom | 51 years | Dec 2017 | - | Director |
| Mr James Shaw | United Kingdom | 45 years | Oct 2024 | - | Director |
P&L
September 2023turnover
136.6m
+10%
operating profit
26.5m
+20%
gross margin
70.2%
-4.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
88.5m
+0.06%
total assets
215.9m
-0.09%
cash
61.7m
-0.28%
net assets
Total assets minus all liabilities
sykes cottages ltd company details
company number
04469189
Type
Private limited with Share Capital
industry
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
June 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
sykes cottages ltd, one city place, chester, cheshire, CH1 3BQ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
sykes cottages ltd 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 7 charges/mortgages relating to sykes cottages ltd. Currently there are 2 open charges and 5 have been satisfied in the past.
sykes cottages ltd 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 SYKES COTTAGES LTD. This can take several minutes, an email will notify you when this has completed.
sykes cottages ltd Companies House Filings - See Documents
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