lounge gateway limited
lounge gateway limited Company Information
Company Number
06708537
Website
http://prioritytraveller.comRegistered Address
3 more london riverside, 5th floor, london, england, SE1 2AQ
Industry
Other reservation service and related activities (not including activities of tourist guides)
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
priority travel group (holdings) limited 100%
lounge gateway limited Estimated Valuation
Pomanda estimates the enterprise value of LOUNGE GATEWAY LIMITED at £0 based on a Turnover of £0 and 0.58x industry multiple (adjusted for size and gross margin).
lounge gateway limited Estimated Valuation
Pomanda estimates the enterprise value of LOUNGE GATEWAY LIMITED at £0 based on an EBITDA of £-21.6k and a 4.3x industry multiple (adjusted for size and gross margin).
lounge gateway limited Estimated Valuation
Pomanda estimates the enterprise value of LOUNGE GATEWAY LIMITED at £2.6m based on Net Assets of £1.2m and 2.06x industry multiple (adjusted for liquidity).
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Lounge Gateway Limited Overview
Lounge Gateway Limited is a live company located in london, SE1 2AQ with a Companies House number of 06708537. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in September 2008, it's largest shareholder is priority travel group (holdings) limited with a 100% stake. Lounge Gateway Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Lounge Gateway Limited Health Check
Pomanda's financial health check has awarded Lounge Gateway Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Lounge Gateway Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (0.4%)
- - Lounge Gateway Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Lounge Gateway Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Lounge Gateway Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Lounge Gateway Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Lounge Gateway Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Lounge Gateway Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Lounge Gateway Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 178 days, this is slower than average (46 days)
- - Lounge Gateway Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lounge Gateway Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (20 weeks)
- - Lounge Gateway Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.3%, this is a lower level of debt than the average (73.2%)
- - Lounge Gateway Limited
- - Industry AVG
LOUNGE GATEWAY LIMITED financials
Lounge Gateway Limited's latest turnover from April 2023 is 0 and the company has net assets of £1.2 million. According to their latest financial statements, we estimate that Lounge Gateway Limited has 1 employee and maintains cash reserves of £59.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 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 | 0 | 2,058,591 | 936,392 | 19,345,423 | 24,631,671 | 22,704,495 | 15,605,563 | 10,105,686 | 7,650,327 | 7,862,730 | 2,277,369 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 5,888 | 1,630,101 | 724,287 | 16,024,969 | 20,868,149 | 19,487,681 | 13,604,387 | 8,977,792 | 7,258,638 | 7,563,063 | 2,268,854 | |||
| Gross Profit | -5,888 | 428,490 | 212,105 | 3,320,454 | 3,763,522 | 3,216,814 | 2,001,176 | 1,127,894 | 391,689 | 299,667 | 8,515 | |||
| Admin Expenses | 15,672 | 291,374 | 165,980 | 2,229,447 | 2,747,891 | 2,525,740 | 1,765,329 | 1,104,366 | 925,950 | |||||
| Operating Profit | -21,560 | 137,116 | 46,125 | 1,091,007 | 1,015,631 | 691,074 | 235,847 | 23,528 | -534,261 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 9,939 | 2,739 | 1,527 | 0 | 0 | 0 | |||
| Interest Receivable | 237,671 | 26,107 | 4,123 | 10,225 | 8,602 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 216,111 | 163,223 | 50,248 | 1,101,232 | 1,024,233 | 681,135 | 233,108 | 22,001 | -534,261 | 261,439 | 1,613 | |||
| Tax | -42,142 | -31,013 | -9,547 | -209,234 | -194,604 | -129,416 | -46,435 | 115,819 | 111,767 | -59,687 | -323 | |||
| Profit After Tax | 173,969 | 132,210 | 40,701 | 891,998 | 829,629 | 551,719 | 186,673 | 137,820 | -422,494 | 201,752 | 1,290 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 173,969 | 132,210 | 40,701 | 891,998 | 829,629 | 551,719 | 186,673 | 137,820 | -422,494 | 201,752 | 1,290 | |||
| Employee Costs | 0 | 46,575 | 39,337 | 174,838 | 167,083 | 120,202 | 208,453 | 185,102 | 41,666 | |||||
| Number Of Employees | 1 | 2 | 4 | 2 | 3 | 3 | ||||||||
| EBITDA* | -21,560 | 137,116 | 46,125 | 1,091,007 | 1,015,631 | 691,074 | 235,847 | 23,528 | -534,261 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 3,457 | 239,776 | 520,213 | 5,151,655 | 3,400,077 | 5,000,334 | 1,715,105 | 821,938 | 1,153,449 | 1,628,552 | 0 | 0 | 0 |
| Group Debtors | 1,240,256 | 5,163,742 | 4,631,125 | 4,087,883 | 497,761 | 678,264 | 0 | 828,867 | 0 | 1,267,411 | 50,000 | 0 | 0 | 0 |
| Misc Debtors | 0 | 1,442 | 24,581 | 2,486 | 274,734 | 298,638 | 317,382 | 161,463 | 0 | 100,947 | 108,665 | 0 | 0 | 0 |
| Cash | 59,197 | 43,553 | 95,947 | 57,160 | 788,270 | 232,689 | 653,692 | 671,950 | 2,130,284 | 162,926 | 63,975 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,299,453 | 5,212,194 | 4,991,429 | 4,667,742 | 6,712,420 | 4,609,668 | 5,971,408 | 3,377,385 | 2,952,222 | 2,684,733 | 1,851,192 | 0 | 0 | 0 |
| total assets | 1,299,453 | 5,212,194 | 4,991,429 | 4,667,742 | 6,712,420 | 4,609,668 | 5,971,408 | 3,377,385 | 2,952,222 | 2,684,733 | 1,851,192 | 0 | 0 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 2,880 | 3,456 | 2,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 50,192 | 0 | 0 | 0 | 0 | 0 | 0 | 3,087,316 | 2,911,209 | 2,220,036 | 1,584,598 | 0 | 0 | 0 |
| other short term finances | 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 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,799 | 2,607,440 | 2,519,797 | 2,239,355 | 5,176,031 | 3,902,908 | 5,816,367 | 321,701 | 210,465 | 211,655 | 215,304 | 0 | 0 | 0 |
| total current liabilities | 55,871 | 2,610,896 | 2,522,341 | 2,239,355 | 5,176,031 | 3,902,908 | 5,816,367 | 3,409,017 | 3,121,674 | 2,431,691 | 1,799,902 | 0 | 0 | 0 |
| loans | 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 | 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 55,871 | 2,610,896 | 2,522,341 | 2,239,355 | 5,176,031 | 3,902,908 | 5,816,367 | 3,409,017 | 3,121,674 | 2,431,691 | 1,799,902 | 0 | 0 | 0 |
| net assets | 1,243,582 | 2,601,298 | 2,469,088 | 2,428,387 | 1,536,389 | 706,760 | 155,041 | -31,632 | -169,452 | 253,042 | 51,290 | 0 | 0 | 0 |
| total shareholders funds | 1,243,582 | 2,601,298 | 2,469,088 | 2,428,387 | 1,536,389 | 706,760 | 155,041 | -31,632 | -169,452 | 253,042 | 51,290 | 0 | 0 | 0 |
| Apr 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 | -21,560 | 137,116 | 46,125 | 1,091,007 | 1,015,631 | 691,074 | 235,847 | 23,528 | -534,261 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -42,142 | -31,013 | -9,547 | -209,234 | -194,604 | -129,416 | -46,435 | 115,819 | 111,767 | -59,687 | -323 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,928,385 | 273,159 | 284,900 | -1,313,568 | 1,547,171 | -940,737 | 2,612,281 | 1,883,497 | -1,699,869 | 734,590 | 1,787,217 | 0 | 0 | 0 |
| Creditors | -576 | 912 | 2,544 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,604,641 | 87,643 | 280,442 | -2,936,676 | 1,273,123 | -1,913,459 | 5,494,666 | 111,236 | -1,190 | -3,649 | 215,304 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,259,466 | -78,501 | 34,664 | -741,335 | 546,979 | -411,064 | 3,071,797 | -1,632,914 | 1,276,185 | |||||
| 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 | 50,192 | 0 | 0 | 0 | 0 | 0 | -3,087,316 | 176,107 | 691,173 | 635,438 | 1,584,598 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 237,671 | 26,107 | 4,123 | 10,225 | 8,602 | -9,939 | -2,739 | -1,527 | 0 | 0 | 0 | |||
| cash flow from financing | -1,243,822 | 26,107 | 4,123 | 10,225 | 8,602 | -9,939 | -3,090,055 | 174,580 | 691,173 | 635,438 | 1,634,598 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 15,644 | -52,394 | 38,787 | -731,110 | 555,581 | -421,003 | -18,258 | -1,458,334 | 1,967,358 | 98,951 | 63,975 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,644 | -52,394 | 38,787 | -731,110 | 555,581 | -421,003 | -18,258 | -1,458,334 | 1,967,358 | 98,951 | 63,975 | 0 | 0 | 0 |
lounge gateway limited Credit Report and Business Information
Lounge Gateway Limited Competitor Analysis
Perform a competitor analysis for lounge gateway limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lounge gateway limited Ownership
LOUNGE GATEWAY LIMITED group structure
Lounge Gateway Limited has no subsidiary companies.
Ultimate parent company
2 parents
LOUNGE GATEWAY LIMITED
06708537
lounge gateway limited directors
Lounge Gateway Limited currently has 3 directors. The longest serving directors include Mr David Gooderson (Sep 2008) and Mr Christopher Evans (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Gooderson | 74 years | Sep 2008 | - | Director | |
| Mr Christopher Evans | 49 years | Apr 2021 | - | Director | |
| Mr Christopher Ross | 56 years | Jan 2022 | - | Director |
P&L
April 2023turnover
0
-100%
operating profit
-21.6k
-116%
gross margin
null%
%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.2m
-0.52%
total assets
1.3m
-0.75%
cash
59.2k
+0.36%
net assets
Total assets minus all liabilities
lounge gateway limited company details
company number
06708537
Type
Private limited with Share Capital
industry
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
September 2008
age
16
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
3 more london riverside, 5th floor, london, england, SE1 2AQ
last accounts submitted
April 2023
lounge gateway 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 4 charges/mortgages relating to lounge gateway limited. Currently there are 2 open charges and 2 have been satisfied in the past.
lounge gateway limited Companies House Filings - See Documents
| date | description | view/download |
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