cubitt house limited
cubitt house limited Company Information
Company Number
05399542
Website
www.cubitthouse.co.ukRegistered Address
10 motcomb street, london, SW1X 8LA
Industry
Licensed restaurants
Hotels and similar accommodation
Telephone
02077306060
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
carpenter sub-finco limited 100%
cubitt house limited Estimated Valuation
Pomanda estimates the enterprise value of CUBITT HOUSE LIMITED at £26.1m based on a Turnover of £19.9m and 1.31x industry multiple (adjusted for size and gross margin).
cubitt house limited Estimated Valuation
Pomanda estimates the enterprise value of CUBITT HOUSE LIMITED at £5.2m based on an EBITDA of £663.4k and a 7.89x industry multiple (adjusted for size and gross margin).
cubitt house limited Estimated Valuation
Pomanda estimates the enterprise value of CUBITT HOUSE LIMITED at £17.3m based on Net Assets of £7.5m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cubitt House Limited Overview
Cubitt House Limited is a live company located in london, SW1X 8LA with a Companies House number of 05399542. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 2005, it's largest shareholder is carpenter sub-finco limited with a 100% stake. Cubitt House Limited is a established, mid sized company, Pomanda has estimated its turnover at £19.9m with rapid growth in recent years.
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Cubitt House Limited Health Check
Pomanda's financial health check has awarded Cubitt House Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £16.4m, make it larger than the average company (£2.2m)
£16.4m - Cubitt House Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (0.6%)
47% - Cubitt House Limited
0.6% - Industry AVG
Production
with a gross margin of 73.6%, this company has a lower cost of product (59.4%)
73.6% - Cubitt House Limited
59.4% - Industry AVG
Profitability
an operating margin of -17% make it less profitable than the average company (6.9%)
-17% - Cubitt House Limited
6.9% - Industry AVG
Employees
with 346 employees, this is above the industry average (41)
346 - Cubitt House Limited
41 - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has a higher pay structure (£18.4k)
£22.2k - Cubitt House Limited
£18.4k - Industry AVG
Efficiency
resulting in sales per employee of £47.3k, this is equally as efficient (£52.7k)
£47.3k - Cubitt House Limited
£52.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cubitt House Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 222 days, this is slower than average (51 days)
222 days - Cubitt House Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 44 days, this is more than average (12 days)
44 days - Cubitt House Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)
8 weeks - Cubitt House Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.3%, this is a lower level of debt than the average (81.9%)
66.3% - Cubitt House Limited
81.9% - Industry AVG
CUBITT HOUSE LIMITED financials
Cubitt House Limited's latest turnover from December 2023 is £19.9 million and the company has net assets of £7.5 million. According to their latest financial statements, Cubitt House Limited has 369 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,932,710 | 16,351,422 | 7,837,917 | 5,134,545 | 11,348,646 | 12,069,570 | 10,266,776 | 10,621,481 | 11,088,140 | 11,088,702 | 10,539,811 | 10,512,798 | 10,234,941 | 8,433,861 | 5,247,926 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 4,855,450 | 4,314,384 | 2,275,246 | 6,161,958 | 8,680,854 | 9,292,818 | 8,093,800 | 8,022,840 | 8,087,284 | 7,995,900 | 7,589,290 | 7,468,290 | 7,058,028 | 5,792,457 | |
| Gross Profit | 15,077,260 | 12,037,038 | 5,562,671 | -1,027,413 | 2,667,792 | 2,776,752 | 2,172,976 | 2,598,641 | 3,000,856 | 3,092,802 | 2,950,521 | 3,044,508 | 3,176,913 | 2,641,404 | |
| Admin Expenses | 15,422,621 | 14,812,726 | 7,080,638 | 1,026,472 | 2,764,343 | 2,683,235 | 2,607,986 | 2,122,494 | 4,643,115 | 2,234,119 | 2,124,789 | 1,962,113 | 1,756,862 | 1,974,940 | |
| Operating Profit | -345,361 | -2,775,688 | -1,517,967 | -2,053,885 | -96,551 | 93,517 | -435,010 | 476,147 | -1,642,259 | 858,683 | 825,732 | 1,082,395 | 1,420,051 | 666,464 | 660,445 |
| Interest Payable | 1,030,310 | 472,506 | 221,858 | 196,639 | 214,454 | 362,401 | 19,794 | 200 | 4,674 | 9,011 | 15,769 | 31,279 | 46,315 | 67,372 | 75,813 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 305 | 13,255 | 1,442 | 599 | 1,747 | 9,801 | 612 | 269 |
| Pre-Tax Profit | -1,375,671 | -3,248,194 | -1,739,825 | -2,250,524 | -311,005 | -268,884 | -454,804 | 476,252 | -1,633,678 | 851,114 | 810,562 | 1,052,863 | 1,383,537 | 599,704 | 584,901 |
| Tax | -188,210 | 225,621 | 390,098 | -4,651 | -41,449 | -9,225 | 29,182 | -141,617 | 29,026 | -228,379 | -239,829 | -297,792 | -380,761 | -204,605 | -196,293 |
| Profit After Tax | -1,563,881 | -3,022,573 | -1,349,727 | -2,255,175 | -352,454 | -278,109 | -425,622 | 334,635 | -1,604,652 | 622,735 | 570,733 | 755,071 | 1,002,776 | 395,099 | 388,608 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,278,575 | 500,000 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,563,881 | -3,022,573 | -1,349,727 | -2,255,175 | -352,454 | -278,109 | -425,622 | 334,635 | -2,883,227 | 122,735 | 570,733 | 755,071 | 1,002,776 | 395,099 | 388,608 |
| Employee Costs | 8,461,634 | 7,691,212 | 4,413,721 | 4,611,971 | 4,821,989 | 5,692,739 | 5,095,593 | 4,888,716 | 4,904,691 | 4,751,605 | 4,353,326 | 4,284,656 | 3,939,480 | 2,785,387 | 1,693,124 |
| Number Of Employees | 369 | 346 | 209 | 275 | 273 | 266 | 247 | 247 | 229 | 250 | 235 | 237 | 225 | 177 | 113 |
| EBITDA* | 663,401 | -1,588,633 | -591,060 | -1,138,329 | 728,407 | 846,913 | 196,335 | 747,848 | -1,302,228 | 1,232,582 | 1,204,120 | 1,421,966 | 1,679,103 | 908,751 | 827,946 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,998,996 | 21,253,587 | 17,811,571 | 17,542,380 | 18,306,778 | 16,865,170 | 17,259,925 | 14,291,162 | 2,460,323 | 3,050,260 | 3,327,003 | 3,446,428 | 3,549,513 | 3,113,096 | 3,178,712 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 40,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 21,039,496 | 21,253,587 | 17,811,571 | 17,542,380 | 18,306,778 | 16,865,170 | 17,259,925 | 14,291,162 | 2,460,323 | 3,050,260 | 3,327,003 | 3,446,428 | 3,549,513 | 3,113,096 | 3,178,712 |
| Stock & work in progress | 558,738 | 525,088 | 315,165 | 197,898 | 286,186 | 270,110 | 277,924 | 237,475 | 244,909 | 249,960 | 255,948 | 249,914 | 154,613 | 94,950 | 130,992 |
| Trade Debtors | 205,420 | 0 | 0 | 18,806 | 217,339 | 299,407 | 300,720 | 169,730 | 141,081 | 300,279 | 481,485 | 269,363 | 228,342 | 171,757 | 50,237 |
| Group Debtors | 1,640,882 | 1,502,057 | 2,896,883 | 5,812,846 | 5,812,846 | 6,467,229 | 5,219,229 | 3,207,891 | 1,450,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 777,069 | 775,829 | 630,767 | 322,839 | 400,065 | 349,558 | 318,465 | 275,127 | 234,693 | 825,203 | 356,112 | 323,831 | 744,342 | 179,897 | 102,504 |
| Cash | 1,974,451 | 1,682,742 | 3,273,214 | 2,230,490 | 2,152,207 | 621,513 | 126,044 | 525,930 | 401,511 | 1,042,812 | 1,143,014 | 1,069,671 | 848,865 | 961,289 | 188,736 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,156,560 | 4,485,716 | 7,116,029 | 8,582,879 | 8,868,643 | 8,007,817 | 6,242,382 | 4,416,153 | 2,472,194 | 2,418,254 | 2,236,559 | 1,912,779 | 1,976,162 | 1,407,893 | 472,469 |
| total assets | 26,196,056 | 25,739,303 | 24,927,600 | 26,125,259 | 27,175,421 | 24,872,987 | 23,502,307 | 18,707,315 | 4,932,517 | 5,468,514 | 5,563,562 | 5,359,207 | 5,525,675 | 4,520,989 | 3,651,181 |
| Bank overdraft | 0 | 0 | 0 | 165,860 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 |
| Trade Creditors | 2,154,341 | 2,627,101 | 1,468,639 | 594,517 | 1,010,002 | 960,377 | 1,036,493 | 1,174,892 | 685,500 | 696,750 | 446,142 | 676,625 | 866,868 | 395,555 | 368,009 |
| Group/Directors Accounts | 6,769,786 | 4,898,949 | 3,517,250 | 3,663,613 | 3,224,297 | 2,307,091 | 1,493,273 | 307,942 | 622,143 | 0 | 0 | 0 | 0 | 297,233 | 531,454 |
| other short term finances | 0 | 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 | 16,667 | 16,667 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,086,267 | 2,923,861 | 2,322,774 | 2,611,817 | 1,797,785 | 929,974 | 972,736 | 977,542 | 582,675 | 1,239,133 | 1,387,817 | 1,274,168 | 1,692,092 | 1,560,661 | 585,439 |
| total current liabilities | 12,010,394 | 10,449,911 | 7,308,663 | 7,035,807 | 6,032,084 | 4,197,442 | 3,502,502 | 2,460,376 | 1,890,318 | 1,952,550 | 2,150,626 | 2,250,793 | 2,858,960 | 2,553,449 | 1,784,902 |
| loans | 4,783,073 | 4,556,159 | 4,339,840 | 4,133,945 | 3,937,306 | 5,591,571 | 5,100,000 | 900,000 | 0 | 0 | 0 | 300,000 | 600,000 | 900,000 | 1,200,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,889 | 30,556 | 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 | 247,542 | 238,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,618,787 | 1,827,572 | 1,883,315 | 1,700,938 | 1,823,796 | 1,807,400 | 1,782,125 | 1,918,298 | 16,910 | 32,676 | 35,716 | 32,484 | 45,854 | 49,455 | 43,293 |
| total long term liabilities | 6,649,402 | 6,622,246 | 6,223,155 | 5,834,883 | 5,761,102 | 7,398,971 | 6,882,125 | 2,818,298 | 16,910 | 46,565 | 66,272 | 332,484 | 645,854 | 949,455 | 1,243,293 |
| total liabilities | 18,659,796 | 17,072,157 | 13,531,818 | 12,870,690 | 11,793,186 | 11,596,413 | 10,384,627 | 5,278,674 | 1,907,228 | 1,999,115 | 2,216,898 | 2,583,277 | 3,504,814 | 3,502,904 | 3,028,195 |
| net assets | 7,536,260 | 8,667,146 | 11,395,782 | 13,254,569 | 15,382,235 | 13,276,574 | 13,117,680 | 13,428,641 | 3,025,289 | 3,469,399 | 3,346,664 | 2,775,930 | 2,020,861 | 1,018,085 | 622,986 |
| total shareholders funds | 7,536,260 | 8,667,146 | 11,395,782 | 13,254,569 | 15,382,235 | 13,276,574 | 13,117,680 | 13,428,641 | 3,025,289 | 3,469,399 | 3,346,664 | 2,775,930 | 2,020,861 | 1,018,085 | 622,986 |
| Dec 2023 | Jan 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -345,361 | -2,775,688 | -1,517,967 | -2,053,885 | -96,551 | 93,517 | -435,010 | 476,147 | -1,642,259 | 858,683 | 825,732 | 1,082,395 | 1,420,051 | 666,464 | 660,445 |
| Depreciation | 1,008,762 | 1,187,055 | 926,907 | 915,556 | 824,958 | 753,396 | 631,345 | 271,701 | 340,031 | 373,899 | 378,388 | 339,571 | 259,052 | 242,287 | 167,501 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -188,210 | 225,621 | 390,098 | -4,651 | -41,449 | -9,225 | 29,182 | -141,617 | 29,026 | -228,379 | -239,829 | -297,792 | -380,761 | -204,605 | -196,293 |
| Stock | 558,738 | 525,088 | 117,267 | -88,288 | 16,076 | -7,814 | 40,449 | -7,434 | -5,051 | -5,988 | 6,034 | 95,301 | 59,663 | -36,042 | 130,992 |
| Debtors | 2,663,871 | 2,277,886 | -2,626,841 | -275,759 | -685,944 | 1,277,780 | 2,185,666 | 1,826,974 | 700,292 | 287,885 | 244,403 | -379,490 | 621,030 | 198,913 | 152,741 |
| Creditors | 2,154,341 | 2,627,101 | 874,122 | -415,485 | 49,625 | -76,116 | -138,399 | 489,392 | -11,250 | 250,608 | -230,483 | -190,243 | 471,313 | 27,546 | 368,009 |
| Accruals and Deferred Income | 3,086,267 | 2,923,861 | -289,043 | 814,032 | 867,811 | -42,762 | -4,806 | 394,867 | -656,458 | -148,684 | 113,649 | -417,924 | 131,431 | 975,222 | 585,439 |
| Deferred Taxes & Provisions | 1,618,787 | 1,827,572 | 182,377 | -122,858 | 16,396 | 25,275 | -136,173 | 1,901,388 | -15,766 | -3,040 | 3,232 | -13,370 | -3,601 | 6,162 | 43,293 |
| Cash flow from operations | 4,111,977 | 3,212,548 | 3,076,068 | -503,244 | 2,290,658 | -525,881 | -2,279,976 | 1,572,338 | -2,651,917 | 821,190 | 600,252 | 786,826 | 1,216,792 | 1,550,205 | 1,344,661 |
| Investing Activities | |||||||||||||||
| capital expenditure | -98,937 | -208,966 | -236,486 | -695,734 | -176,571 | -1,338,111 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -98,937 | -208,966 | -236,486 | -695,734 | -176,571 | -1,338,111 | |||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -300,000 | 0 | 0 | 0 | 0 | 300,000 |
| Group/Directors Accounts | 6,769,786 | 4,898,949 | -146,363 | 439,316 | 917,206 | 813,818 | 1,185,331 | -314,201 | 622,143 | 0 | 0 | 0 | -297,233 | -234,221 | 531,454 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 4,783,073 | 4,556,159 | 205,895 | 196,639 | -1,654,265 | 491,571 | 4,200,000 | 900,000 | 0 | 0 | -300,000 | -300,000 | -300,000 | -300,000 | 1,200,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30,556 | -16,667 | 47,223 | 0 | 0 | 0 | 0 |
| other long term liabilities | 247,542 | 238,515 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -1,030,310 | -472,506 | -221,858 | -196,639 | -214,454 | -362,401 | -19,794 | 105 | 8,581 | -7,569 | -15,170 | -29,532 | -36,514 | -66,760 | -75,544 |
| cash flow from financing | 19,870,232 | 20,910,836 | -671,386 | 566,825 | 1,506,602 | 1,379,991 | 5,480,198 | 10,654,621 | 3,039,285 | -324,236 | -267,946 | -329,534 | -633,747 | -600,981 | 2,190,288 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,974,451 | 1,682,742 | 1,042,724 | 78,283 | 1,530,694 | 495,469 | -399,886 | 124,419 | -641,301 | -100,202 | 73,343 | 220,806 | -112,424 | 772,553 | 188,736 |
| overdraft | 0 | 0 | -165,860 | 165,860 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,974,451 | 1,682,742 | 1,208,584 | -87,577 | 1,530,694 | 495,469 | -399,886 | 124,419 | -641,301 | -100,202 | 73,343 | 220,806 | -112,424 | 772,553 | 188,736 |
cubitt house limited Credit Report and Business Information
Cubitt House Limited Competitor Analysis
Perform a competitor analysis for cubitt house limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in SW1X area or any other competitors across 12 key performance metrics.
cubitt house limited Ownership
CUBITT HOUSE LIMITED group structure
Cubitt House Limited has no subsidiary companies.
Ultimate parent company
CARPENTER TOPCO (JERSEY) LTD
#0100276
2 parents
CUBITT HOUSE LIMITED
05399542
cubitt house limited directors
Cubitt House Limited currently has 4 directors. The longest serving directors include Mr Brian Magnus (Nov 2015) and Mr Sam Pearman (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Magnus | England | 58 years | Nov 2015 | - | Director |
| Mr Sam Pearman | England | 46 years | Sep 2021 | - | Director |
| Mrs Georgina Pearman | England | 51 years | Sep 2021 | - | Director |
| Mr Callum Wilkie | England | 33 years | Sep 2021 | - | Director |
P&L
December 2023turnover
19.9m
0%
operating profit
-345.4k
0%
gross margin
75.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.5m
0%
total assets
26.2m
0%
cash
2m
0%
net assets
Total assets minus all liabilities
cubitt house limited company details
company number
05399542
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
56101 - Licensed restaurants
55100 - Hotels and similar accommodation
incorporation date
March 2005
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
sandales limited (June 2009)
accountant
-
auditor
HAYSMACINTYRE LLP
address
10 motcomb street, london, SW1X 8LA
Bank
-
Legal Advisor
-
cubitt 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 7 charges/mortgages relating to cubitt house limited. Currently there are 3 open charges and 4 have been satisfied in the past.
cubitt house limited Companies House Filings - See Documents
| date | description | view/download |
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