resident hotels limited
resident hotels limited Company Information
Company Number
06250955
Registered Address
5th floor 13 charles ii street, london, SW1Y 4QU
Industry
Hotels and similar accommodation
Telephone
02031461790
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mactaggart hotel holdings limited 47.7%
john auld mactaggart 8.3%
View Allresident hotels limited Estimated Valuation
Pomanda estimates the enterprise value of RESIDENT HOTELS LIMITED at £6.4m based on a Turnover of £5.1m and 1.25x industry multiple (adjusted for size and gross margin).
resident hotels limited Estimated Valuation
Pomanda estimates the enterprise value of RESIDENT HOTELS LIMITED at £0 based on an EBITDA of £-204.5k and a 4.92x industry multiple (adjusted for size and gross margin).
resident hotels limited Estimated Valuation
Pomanda estimates the enterprise value of RESIDENT HOTELS LIMITED at £0 based on Net Assets of £-1.4m and 1.91x industry multiple (adjusted for liquidity).
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Resident Hotels Limited Overview
Resident Hotels Limited is a live company located in london, SW1Y 4QU with a Companies House number of 06250955. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2007, it's largest shareholder is mactaggart hotel holdings limited with a 47.7% stake. Resident Hotels Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.1m with healthy growth in recent years.
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Resident Hotels Limited Health Check
Pomanda's financial health check has awarded Resident Hotels Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £5.1m, make it larger than the average company (£3.9m)
- Resident Hotels Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (-2.9%)
- Resident Hotels Limited
-2.9% - Industry AVG
Production
with a gross margin of 60.6%, this company has a comparable cost of product (60.6%)
- Resident Hotels Limited
60.6% - Industry AVG
Profitability
an operating margin of -4.2% make it less profitable than the average company (7.6%)
- Resident Hotels Limited
7.6% - Industry AVG
Employees
with 89 employees, this is above the industry average (68)
89 - Resident Hotels Limited
68 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£22.3k)
- Resident Hotels Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £57.7k, this is equally as efficient (£64.5k)
- Resident Hotels Limited
£64.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Resident Hotels Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (49 days)
- Resident Hotels Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Resident Hotels Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)
2 weeks - Resident Hotels Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 285.9%, this is a higher level of debt than the average (78.7%)
285.9% - Resident Hotels Limited
78.7% - Industry AVG
resident hotels limited Credit Report and Business Information
Resident Hotels Limited Competitor Analysis
Perform a competitor analysis for resident hotels limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
resident hotels limited Ownership
RESIDENT HOTELS LIMITED group structure
Resident Hotels Limited has no subsidiary companies.
Ultimate parent company
1 parent
RESIDENT HOTELS LIMITED
06250955
resident hotels limited directors
Resident Hotels Limited currently has 8 directors. The longest serving directors include Mr Robert Peto (Oct 2014) and Mr John Adams (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Peto | United Kingdom | 73 years | Oct 2014 | - | Director |
| Mr John Adams | United Kingdom | 65 years | Jun 2016 | - | Director |
| Mr William Laxton | United Kingdom | 40 years | Nov 2017 | - | Director |
| Mr William Laxton | United Kingdom | 40 years | Nov 2017 | - | Director |
| Mr David Orr | 60 years | Mar 2018 | - | Director | |
| Mr John MacTaggart | United Kingdom | 30 years | Aug 2020 | - | Director |
| Mrs Jane Bentall | 53 years | Mar 2023 | - | Director | |
| Mr Ameesh Shah | United Kingdom | 44 years | Mar 2023 | - | Director |
RESIDENT HOTELS LIMITED financials
Resident Hotels Limited's latest turnover from December 2022 is estimated at £5.1 million and the company has net assets of -£1.4 million. According to their latest financial statements, Resident Hotels Limited has 89 employees and maintains cash reserves of £86.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | 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 | 3,203,451 | 3,194,549 | 2,781,378 | 2,400,770 | 2,813,698 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | |||||||||
| Gross Profit | 3,203,451 | 3,194,549 | 2,781,378 | 2,400,770 | 2,813,698 | |||||||||
| Admin Expenses | 3,340,094 | 3,205,489 | 2,207,925 | 2,183,333 | 2,588,596 | |||||||||
| Operating Profit | -136,643 | -10,940 | 573,453 | 217,437 | 225,102 | |||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 49 | 0 | 0 | 115 | 0 | |||||||||
| Pre-Tax Profit | -136,594 | -10,940 | 573,453 | 217,552 | 225,102 | |||||||||
| Tax | -11,382 | -11,779 | -107,568 | 86,713 | 0 | |||||||||
| Profit After Tax | -147,976 | -22,719 | 465,885 | 304,265 | 225,102 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -147,976 | -22,719 | 465,885 | 304,265 | 225,102 | |||||||||
| Employee Costs | 2,004,093 | 1,961,349 | 2,407,695 | |||||||||||
| Number Of Employees | 89 | 81 | 83 | 82 | 68 | 68 | 69 | 82 | 107 | |||||
| EBITDA* | -128,589 | 118 | 578,119 | 218,529 | 227,614 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | 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 | 13,526 | 14,629 | 19,801 | 23,950 | 11,022 | 6,610 | 17,551 | 10,928 | 1,423 | 2,725 | 5,015 | 7,314 | 7,527 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 148,491 | 148,491 | 148,491 |
| 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 | 13,526 | 14,629 | 19,801 | 23,950 | 11,022 | 6,610 | 17,551 | 10,928 | 1,423 | 2,725 | 5,015 | 155,805 | 156,018 | 148,491 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 3,377 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 9,739 | 17,705 | 112,628 | 0 | 57,159 | 59,268 | 89,556 | 59,767 | 98,546 |
| Group Debtors | 457,652 | 201,775 | 705,010 | 501,703 | 248,518 | 581,433 | 273,983 | 175,011 | 253,896 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 185,606 | 98,996 | 44,661 | 72,355 | 42,712 | 84,684 | 81,203 | 144,093 | 19,202 | 0 | 0 | 0 | 0 | 0 |
| Cash | 86,940 | 970,706 | 76,348 | 87,719 | 237,194 | 301,947 | 309,225 | 117,573 | 148,041 | 156,561 | 27,222 | 0 | 4,126 | 2,728 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 730,198 | 1,271,477 | 826,019 | 661,777 | 528,424 | 981,180 | 682,116 | 549,305 | 421,139 | 213,720 | 86,490 | 89,556 | 63,893 | 101,274 |
| total assets | 743,724 | 1,286,106 | 845,820 | 685,727 | 539,446 | 987,790 | 699,667 | 560,233 | 422,562 | 216,445 | 91,505 | 245,361 | 219,911 | 249,765 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 166,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 176,424 | 62,555 | 129,041 | 38,904 | 49,145 | 108,829 | 39,380 | 57,079 | 0 | 248,906 | 142,048 | 965,603 | 883,483 | 800,028 |
| Group/Directors Accounts | 769,344 | 157,458 | 0 | 0 | 0 | 162,013 | 64,296 | 40,813 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 546,110 | 375,363 | 350,000 | 0 | 63,604 | 63,604 | 128,604 | 150,694 | 150,694 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 634,464 | 786,357 | 783,027 | 559,940 | 542,537 | 621,745 | 411,016 | 723,213 | 987,699 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,126,342 | 1,548,400 | 1,262,068 | 598,844 | 655,286 | 956,191 | 643,296 | 971,799 | 1,138,393 | 248,906 | 142,048 | 965,603 | 883,483 | 800,028 |
| loans | 0 | 833,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 908,472 | 908,472 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 1,152 | 527 | 0 | 2,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 833,333 | 0 | 1,152 | 527 | 0 | 2,053 | 0 | 0 | 908,472 | 908,472 | 0 | 0 | 0 |
| total liabilities | 2,126,342 | 2,381,733 | 1,262,068 | 599,996 | 655,813 | 956,191 | 645,349 | 971,799 | 1,138,393 | 1,157,378 | 1,050,520 | 965,603 | 883,483 | 800,028 |
| net assets | -1,382,618 | -1,095,627 | -416,248 | 85,731 | -116,367 | 31,599 | 54,318 | -411,566 | -715,831 | -940,933 | -959,015 | -720,242 | -663,572 | -550,263 |
| total shareholders funds | -1,382,618 | -1,095,627 | -416,248 | 85,731 | -116,367 | 31,599 | 54,318 | -411,566 | -715,831 | -940,933 | -959,015 | -720,242 | -663,572 | -550,263 |
| Dec 2022 | 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 | -136,643 | -10,940 | 573,453 | 217,437 | 225,102 | |||||||||
| Depreciation | 10,537 | 12,259 | 12,466 | 8,707 | 8,054 | 11,058 | 4,666 | 1,092 | 2,512 | 2,290 | 2,299 | 2,299 | 1,882 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 148,491 | 0 | 0 | 0 |
| Tax | -11,382 | -11,779 | -107,568 | 86,713 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | -3,377 | 3,377 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 342,487 | -448,900 | 175,613 | 282,828 | -384,626 | 302,965 | -58,841 | 158,634 | 215,939 | -2,109 | -30,288 | 29,789 | -38,779 | 98,546 |
| Creditors | 113,869 | -66,486 | 90,137 | -10,241 | -59,684 | 69,449 | -17,699 | 57,079 | -248,906 | 106,858 | -823,555 | 82,120 | 83,455 | 800,028 |
| Accruals and Deferred Income | -151,893 | 3,330 | 223,087 | 17,403 | -79,208 | 210,729 | -312,197 | -264,486 | 987,699 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -1,152 | 625 | 527 | -2,053 | 2,053 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 109,667 | -39,878 | 201,549 | -60,799 | 750,468 | |||||||||
| 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 | -166,667 | 166,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 611,886 | 157,458 | 0 | 0 | -162,013 | 97,717 | 23,483 | 40,813 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 170,747 | 25,363 | 350,000 | -63,604 | 0 | -65,000 | -22,090 | 0 | 150,694 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -833,333 | 833,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -908,472 | 0 | 908,472 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 115 | 0 | ||||||||||||
| cash flow from financing | 40,928 | -757,778 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -883,766 | 894,358 | -11,371 | -149,475 | -64,753 | -7,278 | 191,652 | -30,468 | -8,520 | 129,339 | 27,222 | -4,126 | 1,398 | 2,728 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -883,766 | 894,358 | -11,371 | -149,475 | -64,753 | -7,278 | 191,652 | -30,468 | -8,520 | 129,339 | 27,222 | -4,126 | 1,398 | 2,728 |
P&L
December 2022turnover
5.1m
+89%
operating profit
-215k
0%
gross margin
60.6%
+15.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.4m
+0.26%
total assets
743.7k
-0.42%
cash
86.9k
-0.91%
net assets
Total assets minus all liabilities
Similar Companies
resident hotels limited company details
company number
06250955
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 2007
age
17
accounts
Small Company
ultimate parent company
previous names
nadler hotels limited (February 2020)
base2stay limited (March 2013)
incorporated
UK
address
5th floor 13 charles ii street, london, SW1Y 4QU
last accounts submitted
December 2022
resident 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 2 charges/mortgages relating to resident hotels limited. Currently there are 0 open charges and 2 have been satisfied in the past.
resident hotels limited Companies House Filings - See Documents
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