z hotels zhh limited
z hotels zhh limited Company Information
Company Number
07302745
Next Accounts
Dec 2024
Industry
Hotels and similar accommodation
Shareholders
z hotels group ltd
z hotels holdco ltd
Group Structure
View All
Contact
Registered Address
53-59 chandos place, london, WC2N 4HS
Website
thezhotels.comz hotels zhh limited Estimated Valuation
Pomanda estimates the enterprise value of Z HOTELS ZHH LIMITED at £3.8m based on a Turnover of £3.2m and 1.18x industry multiple (adjusted for size and gross margin).
z hotels zhh limited Estimated Valuation
Pomanda estimates the enterprise value of Z HOTELS ZHH LIMITED at £0 based on an EBITDA of £-1.4m and a 4.89x industry multiple (adjusted for size and gross margin).
z hotels zhh limited Estimated Valuation
Pomanda estimates the enterprise value of Z HOTELS ZHH LIMITED at £0 based on Net Assets of £-8.7m and 2.26x industry multiple (adjusted for liquidity).
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Z Hotels Zhh Limited Overview
Z Hotels Zhh Limited is a live company located in london, WC2N 4HS with a Companies House number of 07302745. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in July 2010, it's largest shareholder is z hotels group ltd with a 90% stake. Z Hotels Zhh Limited is a established, small sized company, Pomanda has estimated its turnover at £3.2m with rapid growth in recent years.
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Z Hotels Zhh Limited Health Check
Pomanda's financial health check has awarded Z Hotels Zhh Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£4.7m)
- Z Hotels Zhh Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (1.6%)
- Z Hotels Zhh Limited
1.6% - Industry AVG
Production
with a gross margin of 63.5%, this company has a comparable cost of product (63.5%)
- Z Hotels Zhh Limited
63.5% - Industry AVG
Profitability
an operating margin of -44.3% make it less profitable than the average company (9.5%)
- Z Hotels Zhh Limited
9.5% - Industry AVG
Employees
with 35 employees, this is below the industry average (77)
35 - Z Hotels Zhh Limited
77 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has a higher pay structure (£22.2k)
£66.7k - Z Hotels Zhh Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £90.8k, this is more efficient (£65.2k)
- Z Hotels Zhh Limited
£65.2k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (8 days)
- Z Hotels Zhh Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (50 days)
- Z Hotels Zhh Limited
50 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (8 days)
- Z Hotels Zhh Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Z Hotels Zhh Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 126.1%, this is a higher level of debt than the average (75%)
126.1% - Z Hotels Zhh Limited
75% - Industry AVG
Z HOTELS ZHH LIMITED financials
Z Hotels Zhh Limited's latest turnover from March 2023 is estimated at £3.2 million and the company has net assets of -£8.7 million. According to their latest financial statements, Z Hotels Zhh Limited has 35 employees and maintains cash reserves of £3.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,082,696 | 10,378,055 | 7,637,249 | 7,901,819 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 5,745,358 | 3,844,161 | 4,197,602 | 4,146,590 | |||||||||
| Gross Profit | 12,337,338 | 6,533,894 | 3,439,647 | 3,755,229 | |||||||||
| Admin Expenses | -2,314,296 | 3,524,436 | 3,441,922 | 2,500,471 | |||||||||
| Operating Profit | 14,651,634 | 3,009,458 | -2,275 | 1,254,758 | |||||||||
| Interest Payable | 2,646,735 | 846,259 | 469,908 | 337,091 | |||||||||
| Interest Receivable | 4,133 | 4,997 | 143,168 | 138,558 | |||||||||
| Pre-Tax Profit | 12,009,032 | 1,451,878 | -329,015 | 1,056,225 | |||||||||
| Tax | -2,897,368 | -278,329 | -118,500 | -158,113 | |||||||||
| Profit After Tax | 9,111,664 | 1,173,549 | -447,515 | 898,112 | |||||||||
| Dividends Paid | 870,670 | 412,500 | 350,000 | 0 | |||||||||
| Retained Profit | 7,818,998 | 761,049 | -790,503 | 900,537 | |||||||||
| Employee Costs | 2,336,173 | 1,594,575 | 3,062,221 | 1,794,130 | 915,163 | 508,472 | |||||||
| Number Of Employees | 35 | 36 | 32 | 32 | 27 | 27 | 25 | 123 | 104 | 30 | 32 | ||
| EBITDA* | 17,733,245 | 3,963,070 | 284,318 | 1,567,583 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 51,921 | 65,501 | 82,185 | 84,177 | 72,213 | 83,744 | 1,032 | 60,744,074 | 79,470,694 | 13,627,701 | 7,200,554 | 0 | 0 |
| Intangible Assets | 8,295 | 18,947 | 29,599 | 40,251 | 50,903 | 801 | 901 | 1,069,404 | 1,106,857 | 4,709 | 4,877 | 0 | 0 |
| Investments & Other | 301 | 301 | 301 | 301 | 101 | 102 | 108 | 2,675,000 | 2,400,000 | 200,000 | 0 | 778 | 603 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 955,600 | 1,470,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 60,517 | 84,749 | 112,085 | 124,729 | 123,217 | 84,647 | 2,041 | 65,444,078 | 84,447,551 | 13,832,410 | 7,205,431 | 778 | 603 |
| Stock & work in progress | 3,478 | 3,478 | 3,452 | 3,865 | 8,024 | 15,801 | 47,485 | 190,347 | 114,581 | 77,170 | 25,702 | 0 | 0 |
| Trade Debtors | 119,463 | 64,948 | 356,813 | 679 | 8,995 | 0 | 54 | 90,699 | 22,271 | 439,942 | 1,133,760 | 759,879 | 0 |
| Group Debtors | 29,235,169 | 41,413,786 | 39,117,774 | 35,510,346 | 23,825,788 | 24,225,966 | 25,270,428 | 1,856,170 | 2,389,485 | 309,116 | 1,584,005 | 0 | 0 |
| Misc Debtors | 3,776,647 | 6,408,030 | 2,726,534 | 2,967,707 | 16,669,206 | 4,555,493 | 2,787,551 | 7,129,512 | 3,581,349 | 2,427,890 | 851,251 | 0 | 0 |
| Cash | 3,732 | 118,733 | 50,267 | 1,427 | 1,004 | 15,291 | 259,400 | 1,669,943 | 1,783,162 | 2,375,853 | 515,488 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,138,489 | 48,008,975 | 42,254,840 | 38,484,024 | 40,513,017 | 28,812,551 | 28,364,918 | 10,936,671 | 7,890,848 | 5,629,971 | 4,110,206 | 759,879 | 0 |
| total assets | 33,199,006 | 48,093,724 | 42,366,925 | 38,608,753 | 40,636,234 | 28,897,198 | 28,366,959 | 76,380,749 | 92,338,399 | 19,462,381 | 11,315,637 | 760,657 | 603 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 28,854,319 | 0 | 0 | 1,330,000 | 1,330,000 | 330,000 | 225,000 | 0 | 0 |
| Trade Creditors | 309,831 | 317,671 | 242,175 | 88,615 | 75,924 | 31,929 | 91,731 | 2,593,722 | 1,713,231 | 2,258,319 | 1,451,098 | 672,458 | 0 |
| Group/Directors Accounts | 39,936,772 | 42,421,132 | 34,334,807 | 29,261,677 | 0 | 20,069,928 | 13,309,748 | 2,512,882 | 1,517,516 | 0 | 40,000 | 0 | 503 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,050,000 | 2,292,847 | 3,120,947 | 2,678,237 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,626,106 | 12,616,313 | 12,444,879 | 10,262,417 | 9,371,212 | 1,082,475 | 4,723,260 | 9,444,688 | 20,218,040 | 1,446,781 | 1,723,659 | 0 | 0 |
| total current liabilities | 41,872,709 | 55,355,116 | 47,021,861 | 39,612,709 | 38,301,455 | 21,184,332 | 18,124,739 | 19,931,292 | 27,071,634 | 7,156,047 | 6,117,994 | 672,458 | 503 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,144,293 | 25,238,852 | 3,005,000 | 1,762,500 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 1,880,000 | 2,000,000 | 2,515,522 | 2,515,522 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 7,719 | 7,626 | 7,388 | 2,147 | 1,943 | 23 | 6,786,061 | 8,887,879 | 121,696 | 15,071 | 0 | 0 |
| total long term liabilities | 0 | 7,719 | 7,626 | 1,887,388 | 2,002,147 | 2,517,465 | 2,515,545 | 21,930,354 | 34,126,731 | 3,126,696 | 1,777,571 | 0 | 0 |
| total liabilities | 41,872,709 | 55,362,835 | 47,029,487 | 41,500,097 | 40,303,602 | 23,701,797 | 20,640,284 | 41,861,646 | 61,198,365 | 10,282,743 | 7,895,565 | 672,458 | 503 |
| net assets | -8,673,703 | -7,269,111 | -4,662,562 | -2,891,344 | 332,632 | 5,195,401 | 7,726,675 | 34,096,972 | 30,489,899 | 6,729,563 | 3,419,934 | 88,199 | 100 |
| total shareholders funds | -8,673,703 | -7,269,111 | -4,662,562 | -2,891,344 | 332,632 | 5,195,401 | 7,726,675 | 34,096,972 | 30,489,899 | 6,729,563 | 3,419,934 | 88,199 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 14,651,634 | 3,009,458 | -2,275 | 1,254,758 | |||||||||
| Depreciation | 21,754 | 20,785 | 18,322 | 15,989 | 13,778 | 6,994 | 64 | 3,024,064 | 940,774 | 286,425 | 312,657 | 0 | 0 |
| Amortisation | 10,652 | 10,652 | 10,652 | 10,652 | 2,658 | 100 | 100 | 57,547 | 12,838 | 168 | 168 | 0 | 0 |
| Tax | -2,897,368 | -278,329 | -118,500 | -158,113 | |||||||||
| Stock | 0 | 26 | -413 | -4,159 | -7,777 | -31,684 | -142,862 | 75,766 | 37,411 | 51,468 | 25,702 | 0 | 0 |
| Debtors | -14,755,485 | 5,685,643 | 3,722,389 | -2,025,257 | 11,722,530 | 723,426 | 18,026,052 | 2,568,876 | 4,286,157 | -392,068 | 2,809,137 | 759,879 | 0 |
| Creditors | -7,840 | 75,496 | 153,560 | 12,691 | 43,995 | -59,802 | -2,501,991 | 880,491 | -545,088 | 807,221 | 778,640 | 672,458 | 0 |
| Accruals and Deferred Income | -10,990,207 | 171,434 | 2,182,462 | 891,205 | 8,288,737 | -3,640,785 | -4,721,428 | -10,773,352 | 18,771,259 | -276,878 | 1,723,659 | 0 | 0 |
| Deferred Taxes & Provisions | -7,719 | 93 | 238 | 5,241 | 204 | 1,920 | -6,786,038 | -2,101,818 | 8,766,183 | 106,625 | 15,071 | 0 | 0 |
| Cash flow from operations | 196,556 | 26,353,527 | 1,143,386 | 1,092,001 | |||||||||
| Investing Activities | |||||||||||||
| capital expenditure | -28,257,574 | -10,221,504 | -2,208,715 | -4,304,767 | |||||||||
| Change in Investments | 0 | 0 | 0 | 200 | -1 | -6 | -2,674,892 | 275,000 | 2,200,000 | 200,000 | -778 | 175 | 603 |
| cash flow from investments | -28,532,574 | -12,421,504 | -2,408,715 | -4,303,989 | |||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | -28,854,319 | 28,854,319 | 0 | -1,330,000 | 0 | 1,000,000 | 105,000 | 225,000 | 0 | 0 |
| Group/Directors Accounts | -2,484,360 | 8,086,325 | 5,073,130 | 29,261,677 | -20,069,928 | 6,760,180 | 10,796,866 | 995,366 | 1,517,516 | -40,000 | 40,000 | -503 | 503 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -4,050,000 | 1,757,153 | -828,100 | 442,710 | 2,678,237 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -15,144,293 | -10,094,559 | 22,233,852 | 1,242,500 | 1,762,500 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,880,000 | -120,000 | -515,522 | 0 | 2,515,522 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -2,642,602 | -841,262 | -326,740 | -198,533 | |||||||||
| cash flow from financing | -14,196,567 | 46,081,293 | 5,523,602 | 6,938,402 | |||||||||
| cash and cash equivalents | |||||||||||||
| cash | -115,001 | 68,466 | 48,840 | 423 | -14,287 | -244,109 | -1,410,543 | -113,219 | -592,691 | 1,860,365 | 515,488 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -115,001 | 68,466 | 48,840 | 423 | -14,287 | -244,109 | -1,410,543 | -113,219 | -592,691 | 1,860,365 | 515,488 | 0 | 0 |
z hotels zhh limited Credit Report and Business Information
Z Hotels Zhh Limited Competitor Analysis
Perform a competitor analysis for z hotels zhh limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WC2N area or any other competitors across 12 key performance metrics.
z hotels zhh limited Ownership
Z HOTELS ZHH LIMITED group structure
Z Hotels Zhh Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
Z HOTELS ZHH LIMITED
07302745
3 subsidiaries
z hotels zhh limited directors
Z Hotels Zhh Limited currently has 3 directors. The longest serving directors include Mr Beverly King (Jul 2010) and Mr Richard Meehan (Jul 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Beverly King | England | 58 years | Jul 2010 | - | Director |
| Mr Richard Meehan | England | 50 years | Jul 2010 | - | Director |
| Mr Patricio Leighton | England | 56 years | Nov 2022 | - | Director |
P&L
March 2023turnover
3.2m
+75%
operating profit
-1.4m
0%
gross margin
63.6%
+9.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-8.7m
+0.19%
total assets
33.2m
-0.31%
cash
3.7k
-0.97%
net assets
Total assets minus all liabilities
z hotels zhh limited company details
company number
07302745
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
July 2010
age
14
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
MOORE KINGSTON SMITH LLP
auditor
-
address
53-59 chandos place, london, WC2N 4HS
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
z hotels zhh 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 5 charges/mortgages relating to z hotels zhh limited. Currently there are 1 open charges and 4 have been satisfied in the past.
z hotels zhh limited 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 Z HOTELS ZHH LIMITED. This can take several minutes, an email will notify you when this has completed.
z hotels zhh limited Companies House Filings - See Documents
| date | description | view/download |
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