Pomanda estimates the enterprise value of AKKERON HOTELS GROUP LIMITED at £145.4m based on a Turnover of £61.4m and 2.37x industry multiple (adjusted for size and gross margin).
akkeron hotels group limitedEstimated Valuation
£17.2m
Pomanda estimates the enterprise value of AKKERON HOTELS GROUP LIMITED at £17.2m based on an EBITDA of £1.8m and a 9.47x industry multiple (adjusted for size and gross margin).
akkeron hotels group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of AKKERON HOTELS GROUP LIMITED at £0 based on Net Assets of £-5.2m and 2.09x industry multiple (adjusted for liquidity).
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Akkeron Hotels Group LimitedOverview
Akkeron Hotels Group Limited is a dissolved company that was located in leicester, LE19 1WL with a Companies House number of 07455285. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2010, it's largest shareholder was
charles vere nicoll
with a 49.7% stake. The last turnover for Akkeron Hotels Group Limited was estimated at £61.4m.
Pomanda's financial health check has awarded Akkeron Hotels Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £61.4m, make it larger than the average company (£3.7m)
£61.4m - Akkeron Hotels Group Limited
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Akkeron Hotels Group Limited
- - Industry AVG
Production
with a gross margin of 57.9%, this company has a comparable cost of product (62.7%)
57.9% - Akkeron Hotels Group Limited
62.7% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (6.4%)
-2.2% - Akkeron Hotels Group Limited
6.4% - Industry AVG
Employees
with 2141 employees, this is above the industry average (97)
2141 - Akkeron Hotels Group Limited
97 - Industry AVG
Pay Structure
on an average salary of £12k, the company has a lower pay structure (£15.8k)
£12k - Akkeron Hotels Group Limited
£15.8k - Industry AVG
Efficiency
resulting in sales per employee of £28.7k, this is less efficient (£49k)
£28.7k - Akkeron Hotels Group Limited
£49k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (11 days)
8 days - Akkeron Hotels Group Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is quicker than average (49 days)
39 days - Akkeron Hotels Group Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (9 days)
3 days - Akkeron Hotels Group Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (5 weeks)
2 weeks - Akkeron Hotels Group Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.6%, this is a higher level of debt than the average (76.3%)
110.6% - Akkeron Hotels Group Limited
76.3% - Industry AVG
AKKERON HOTELS GROUP LIMITED financials
EXPORT
Akkeron Hotels Group Limited's latest turnover from December 2012 is £61.4 million and the company has net assets of -£5.2 million. According to their latest financial statements, Akkeron Hotels Group Limited has 2,141 employees and maintains cash reserves of £576.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2012
Oct 2011
Sep 2010
Turnover
61,420,205
40,048,786
15,295,707
Other Income Or Grants
Cost Of Sales
25,842,220
18,662,497
10,753,831
Gross Profit
35,577,985
21,386,289
4,541,876
Admin Expenses
36,939,932
19,303,385
4,441,617
Operating Profit
-1,361,947
2,082,904
100,259
Interest Payable
3,884,200
2,459,953
49,697
Interest Receivable
62,961
39,576
341
Pre-Tax Profit
-4,629,626
25,527
50,903
Tax
484,139
-17,615
Profit After Tax
-4,145,487
25,527
33,288
Dividends Paid
Retained Profit
-4,145,487
25,527
33,288
Employee Costs
25,606,487
16,466,096
8,753,882
Number Of Employees
2,141
1,601
502
EBITDA*
1,810,741
2,845,511
100,259
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2012
Oct 2011
Sep 2010
Tangible Assets
41,081,518
44,111,255
115,492
Intangible Assets
3,677,380
3,995,636
782,600
Investments & Other
2
Debtors (Due After 1 year)
Total Fixed Assets
44,758,898
48,106,891
898,094
Stock & work in progress
223,852
263,870
89,362
Trade Debtors
1,355,244
2,050,291
849,958
Group Debtors
Misc Debtors
2,083,750
2,393,235
1,117,145
Cash
576,741
2,770,209
1,017,309
misc current assets
total current assets
4,239,587
7,477,605
3,073,774
total assets
48,998,485
55,584,496
3,971,868
Bank overdraft
664,810
Bank loan
2,132,500
1,322,500
Trade Creditors
2,831,813
2,907,793
1,067,191
Group/Directors Accounts
other short term finances
hp & lease commitments
24,877
27,648
other current liabilities
6,706,268
5,933,163
1,670,389
total current liabilities
12,360,268
10,191,104
2,737,580
loans
41,814,209
43,523,546
837,452
hp & lease commitments
24,841
Accruals and Deferred Income
other liabilities
provisions
484,139
total long term liabilities
41,814,209
44,032,526
837,452
total liabilities
54,174,477
54,223,630
3,575,032
net assets
-5,175,992
1,360,866
396,836
total shareholders funds
-5,175,992
1,360,866
396,836
Dec 2012
Oct 2011
Sep 2010
Operating Activities
Operating Profit
-1,361,947
2,082,904
100,259
Depreciation
2,854,432
464,601
Amortisation
318,256
298,006
Tax
484,139
-17,615
Stock
-40,018
174,508
89,362
Debtors
-1,004,532
2,476,423
1,967,103
Creditors
-75,980
1,840,602
1,067,191
Accruals and Deferred Income
773,105
4,262,774
1,670,389
Deferred Taxes & Provisions
-484,139
484,139
Cash flow from operations
3,552,416
6,782,095
763,759
Investing Activities
capital expenditure
-1,662,506
-5,964,528
-964,294
Change in Investments
-2
2
cash flow from investments
-1,662,506
-5,964,526
-964,296
Financing Activities
Bank loans
810,000
1,322,500
Group/Directors Accounts
Other Short Term Loans
Long term loans
-1,709,337
42,686,094
837,452
Hire Purchase and Lease Commitments
-27,612
52,489
other long term liabilities
share issue
-2,391,371
938,503
363,548
interest
-3,821,239
-2,420,377
-49,356
cash flow from financing
-7,139,559
42,579,209
1,151,644
cash and cash equivalents
cash
-2,193,468
1,752,900
1,017,309
overdraft
664,810
change in cash
-2,858,278
1,752,900
1,017,309
akkeron hotels group limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for akkeron hotels group limited. Get real-time insights into akkeron hotels group limited's credit score, group structure and payment trends.
Perform a competitor analysis for akkeron hotels group limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in LE19 area or any other competitors across 12 key performance metrics.
akkeron hotels group limited Ownership
AKKERON HOTELS GROUP LIMITED group structure
Akkeron Hotels Group Limited has 1 subsidiary company.
The largest shareholders in Akkeron Hotels Group Limited include Charles Vere Nicoll and Christopher Kirker.
charles vere nicoll
49.72%
christopher kirker
24.86%
david bingham
24.86%
suite hospitality limited
0.5%
nicholas crawley
0.01%
marten foxon
0.01%
matthew welbourn
0.01%
alan murray
0.01%
trustee of matthew welbourn
0%
ian powell
0%
akkeron hotels group limited directors
Akkeron Hotels Group Limited currently has 2 directors.
The longest serving directors include
Mr James Brent (Nov 2010) and
Mr Philip Welbourn (Dec 2010).
ashcroft house ervington court, meridian business park, leicester, LE19 1WL
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
akkeron hotels group 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 did not find charges/mortgages relating to akkeron hotels group limited.
akkeron hotels group 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.
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akkeron hotels group limitedCompanies House Filings - See Documents
