hi (london gatwick) limited
hi (london gatwick) limited Company Information
Company Number
04721762
Website
www.gatwickairport.comRegistered Address
st james house, 3rd floor, south wing, romford, essex, RM1 3NH
Industry
Hotels and similar accommodation
Telephone
441618880831
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
hicp holdings ltd 100%
hi (london gatwick) limited Estimated Valuation
Pomanda estimates the enterprise value of HI (LONDON GATWICK) LIMITED at £2.2m based on a Turnover of £1.5m and 1.45x industry multiple (adjusted for size and gross margin).
hi (london gatwick) limited Estimated Valuation
Pomanda estimates the enterprise value of HI (LONDON GATWICK) LIMITED at £8.4m based on an EBITDA of £1.4m and a 6.01x industry multiple (adjusted for size and gross margin).
hi (london gatwick) limited Estimated Valuation
Pomanda estimates the enterprise value of HI (LONDON GATWICK) LIMITED at £68.9m based on Net Assets of £35.1m and 1.96x industry multiple (adjusted for liquidity).
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Hi (london Gatwick) Limited Overview
Hi (london Gatwick) Limited is a live company located in romford, RM1 3NH with a Companies House number of 04721762. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in April 2003, it's largest shareholder is hicp holdings ltd with a 100% stake. Hi (london Gatwick) Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.
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Hi (london Gatwick) Limited Health Check
Pomanda's financial health check has awarded Hi (London Gatwick) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
3 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£5.5m)
£1.5m - Hi (london Gatwick) Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (24.4%)
7% - Hi (london Gatwick) Limited
24.4% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (65.3%)
100% - Hi (london Gatwick) Limited
65.3% - Industry AVG
Profitability
an operating margin of 92.5% make it more profitable than the average company (8.4%)
92.5% - Hi (london Gatwick) Limited
8.4% - Industry AVG
Employees
with 23 employees, this is below the industry average (88)
- Hi (london Gatwick) Limited
88 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Hi (london Gatwick) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £65.9k, this is equally as efficient (£68.3k)
- Hi (london Gatwick) Limited
£68.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hi (london Gatwick) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hi (london Gatwick) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hi (london Gatwick) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hi (london Gatwick) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.1%, this is a lower level of debt than the average (74.6%)
14.1% - Hi (london Gatwick) Limited
74.6% - Industry AVG
HI (LONDON GATWICK) LIMITED financials
Hi (London Gatwick) Limited's latest turnover from March 2024 is £1.5 million and the company has net assets of £35.1 million. According to their latest financial statements, we estimate that Hi (London Gatwick) Limited has 23 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,515,000 | 1,336,000 | 1,243,000 | 1,228,000 | 1,202,000 | 1,170,000 | 1,124,000 | 1,097,000 | 1,332,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Gross Profit | 1,515,000 | 1,336,000 | 1,243,000 | 1,228,000 | 1,202,000 | 1,170,000 | 1,124,000 | 1,097,000 | 1,332,000 | ||||||
| Admin Expenses | 114,000 | 49,000 | 39,000 | -21,000 | 13,000 | 16,000 | 19,000 | 17,000 | 55,000 | ||||||
| Operating Profit | 1,401,000 | 1,287,000 | 1,204,000 | 1,249,000 | 1,189,000 | 1,154,000 | 1,105,000 | 1,080,000 | 1,277,000 | 1,000,000 | 475,000 | 437,000 | 455,000 | 415,000 | 326,000 |
| Interest Payable | 157,000 | 157,000 | 157,000 | 187,000 | 196,000 | 180,000 | 188,000 | 158,000 | 310,000 | 84,000 | 83,000 | 100,000 | 100,000 | 94,000 | 110,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 3,770,000 | 4,200,000 | 2,991,000 | -3,438,000 | 193,000 | 5,274,000 | -4,083,000 | 3,661,000 | 967,000 | 916,000 | 392,000 | 337,000 | 355,000 | 303,000 | 216,000 |
| Tax | -644,000 | -782,000 | -888,000 | 624,000 | 229,000 | -877,000 | 921,000 | -221,000 | -176,000 | -112,000 | -20,000 | -33,000 | -37,000 | -51,000 | -23,000 |
| Profit After Tax | 3,126,000 | 3,418,000 | 2,103,000 | -2,814,000 | 422,000 | 4,397,000 | -3,162,000 | 3,440,000 | 791,000 | 804,000 | 372,000 | 304,000 | 318,000 | 252,000 | 193,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,126,000 | 3,418,000 | 2,103,000 | -2,814,000 | 422,000 | 4,397,000 | -3,162,000 | 3,440,000 | 791,000 | 804,000 | 372,000 | 304,000 | 318,000 | 252,000 | 193,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 1,401,000 | 1,287,000 | 1,204,000 | 1,249,000 | 1,189,000 | 1,154,000 | 1,105,000 | 1,080,000 | 1,277,000 | 1,451,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 28,485,000 | 0 | 0 | 0 | 24,300,000 | 13,036,000 | 13,366,000 | 13,662,000 | 13,657,000 | 14,094,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 30,562,000 | 28,067,000 | 25,028,000 | 23,115,000 | 27,646,000 | 0 | 24,208,000 | 29,239,000 | 26,500,000 | 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 | 30,562,000 | 28,067,000 | 25,028,000 | 23,115,000 | 27,646,000 | 28,485,000 | 24,208,000 | 29,239,000 | 26,500,000 | 24,300,000 | 13,036,000 | 13,366,000 | 13,662,000 | 13,657,000 | 14,094,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 10,321,000 | 9,010,000 | 7,849,000 | 6,770,000 | 5,704,000 | 0 | 3,664,000 | 2,730,000 | 1,829,000 | 579,000 | 579,000 | 74,000 | 74,000 | 67,000 | 58,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 0 | 2,000 | 1,000 | 17,000 | 25,000 | 31,000 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,321,000 | 9,010,000 | 7,849,000 | 6,770,000 | 5,704,000 | 4,669,000 | 3,680,000 | 2,730,000 | 1,831,000 | 581,000 | 596,000 | 99,000 | 105,000 | 67,000 | 58,000 |
| total assets | 40,883,000 | 37,077,000 | 32,877,000 | 29,885,000 | 33,350,000 | 33,154,000 | 27,888,000 | 31,969,000 | 28,331,000 | 24,881,000 | 13,632,000 | 13,465,000 | 13,767,000 | 13,724,000 | 14,152,000 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 38,000 | 0 | 0 | 0 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 0 | 0 | 9,000 | 80,000 | 3,000 | 10,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,040,000 | 2,306,000 | 2,357,000 | 2,756,000 | 2,996,000 | 3,525,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 158,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 157,000 | 158,000 | 159,000 | 159,000 | 159,000 | 0 | 159,000 | 166,000 | 166,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 9,000 | 9,000 | 8,000 | 4,000 | 25,000 | 0 | 11,000 | 8,000 | 64,000 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| total current liabilities | 204,000 | 167,000 | 167,000 | 163,000 | 189,000 | 293,000 | 175,000 | 179,000 | 235,000 | 2,040,000 | 2,306,000 | 2,366,000 | 2,836,000 | 2,999,000 | 3,536,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,030,000 | 2,031,000 | 2,031,000 | 2,034,000 | 2,036,000 | 0 | 2,039,000 | 2,033,000 | 2,034,000 | 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 | 3,530,000 | 2,886,000 | 2,104,000 | 1,216,000 | 1,839,000 | 0 | 1,207,000 | 2,128,000 | 1,873,000 | 1,873,000 | 471,000 | 616,000 | 752,000 | 864,000 | 1,007,000 |
| total long term liabilities | 5,560,000 | 4,917,000 | 4,135,000 | 3,250,000 | 3,875,000 | 3,997,000 | 3,246,000 | 4,161,000 | 3,907,000 | 1,873,000 | 471,000 | 616,000 | 752,000 | 864,000 | 1,007,000 |
| total liabilities | 5,764,000 | 5,084,000 | 4,302,000 | 3,413,000 | 4,064,000 | 4,290,000 | 3,421,000 | 4,340,000 | 4,142,000 | 3,913,000 | 2,777,000 | 2,982,000 | 3,588,000 | 3,863,000 | 4,543,000 |
| net assets | 35,119,000 | 31,993,000 | 28,575,000 | 26,472,000 | 29,286,000 | 28,864,000 | 24,467,000 | 27,629,000 | 24,189,000 | 20,968,000 | 10,855,000 | 10,483,000 | 10,179,000 | 9,861,000 | 9,609,000 |
| total shareholders funds | 35,119,000 | 31,993,000 | 28,575,000 | 26,472,000 | 29,286,000 | 28,864,000 | 24,467,000 | 27,629,000 | 24,189,000 | 20,968,000 | 10,855,000 | 10,483,000 | 10,179,000 | 9,861,000 | 9,609,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,401,000 | 1,287,000 | 1,204,000 | 1,249,000 | 1,189,000 | 1,154,000 | 1,105,000 | 1,080,000 | 1,277,000 | 1,000,000 | 475,000 | 437,000 | 455,000 | 415,000 | 326,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 451,000 | 525,000 | 563,000 | 545,000 | 585,000 | 674,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -644,000 | -782,000 | -888,000 | 624,000 | 229,000 | -877,000 | 921,000 | -221,000 | -176,000 | -112,000 | -20,000 | -33,000 | -37,000 | -51,000 | -23,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,311,000 | 1,161,000 | 1,079,000 | 1,066,000 | 5,704,000 | -3,680,000 | 950,000 | 899,000 | 1,831,000 | -15,000 | 497,000 | -6,000 | 38,000 | 9,000 | 58,000 |
| Creditors | 38,000 | 0 | 0 | -5,000 | 0 | 0 | 0 | 0 | 5,000 | 0 | -9,000 | -71,000 | 77,000 | -7,000 | 10,000 |
| Accruals and Deferred Income | 0 | 1,000 | 4,000 | -21,000 | 25,000 | -11,000 | 3,000 | -56,000 | 64,000 | 0 | 0 | 0 | 0 | -1,000 | 1,000 |
| Deferred Taxes & Provisions | 644,000 | 782,000 | 888,000 | -623,000 | 1,839,000 | -1,207,000 | -921,000 | 255,000 | 1,873,000 | 1,402,000 | -145,000 | -136,000 | -112,000 | -143,000 | 1,007,000 |
| Cash flow from operations | 128,000 | 127,000 | 129,000 | 158,000 | -2,422,000 | 158,000 | 159,000 | 1,212,000 | 2,756,000 | 329,000 | 766,000 | 890,000 | 789,000 | 1,937,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 2,495,000 | 3,039,000 | 1,913,000 | -4,531,000 | 27,646,000 | -24,208,000 | -5,031,000 | 2,739,000 | 26,500,000 | 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 | -266,000 | -51,000 | -399,000 | -240,000 | -529,000 | 3,525,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -158,000 | 158,000 | 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 | -2,000 | -1,000 | -3,000 | -2,000 | 2,195,000 | -2,198,000 | -1,000 | -1,000 | 2,200,000 | 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 | -157,000 | -157,000 | -157,000 | -187,000 | -196,000 | -188,000 | -158,000 | -310,000 | -84,000 | -83,000 | -100,000 | -100,000 | -94,000 | -110,000 | |
| cash flow from financing | -159,000 | -158,000 | -160,000 | -189,000 | 1,841,000 | -189,000 | -159,000 | 25,288,000 | 8,959,000 | -134,000 | -499,000 | -340,000 | -623,000 | 12,831,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hi (london gatwick) limited Credit Report and Business Information
Hi (london Gatwick) Limited Competitor Analysis
Perform a competitor analysis for hi (london gatwick) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in RM1 area or any other competitors across 12 key performance metrics.
hi (london gatwick) limited Ownership
HI (LONDON GATWICK) LIMITED group structure
Hi (London Gatwick) Limited has no subsidiary companies.
Ultimate parent company
HIN JB LTD
#0092082
2 parents
HI (LONDON GATWICK) LIMITED
04721762
hi (london gatwick) limited directors
Hi (London Gatwick) Limited currently has 4 directors. The longest serving directors include Bhriz Holloway (May 2021) and Mr Christopher Kula (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Bhriz Holloway | Luxembourg | 35 years | May 2021 | - | Director |
| Mr Christopher Kula | United Kingdom | 41 years | May 2021 | - | Director |
| Mr Jonathan Braidley | England | 59 years | May 2021 | - | Director |
| Bhriz Holloway | Luxembourg | 35 years | May 2021 | - | Director |
P&L
March 2024turnover
1.5m
+13%
operating profit
1.4m
+9%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
35.1m
+0.1%
total assets
40.9m
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
hi (london gatwick) limited company details
company number
04721762
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
April 2003
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
holiday inn (london gatwick) limited (June 2005)
accountant
-
auditor
KPMG
address
st james house, 3rd floor, south wing, romford, essex, RM1 3NH
Bank
HSBC BANK PLC
Legal Advisor
-
hi (london gatwick) 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 10 charges/mortgages relating to hi (london gatwick) limited. Currently there are 3 open charges and 7 have been satisfied in the past.
hi (london gatwick) limited Companies House Filings - See Documents
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