hotel polurrian (tsp operations) limited
hotel polurrian (tsp operations) limited Company Information
Company Number
07524136
Next Accounts
Sep 2025
Shareholders
loxley collection (tsp group) limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
the old rectory rectory road, coleby, lincoln, lincolnshire, LN5 0AJ
Website
www.polurrianhotel.comhotel polurrian (tsp operations) limited Estimated Valuation
Pomanda estimates the enterprise value of HOTEL POLURRIAN (TSP OPERATIONS) LIMITED at £4.3m based on a Turnover of £3.6m and 1.18x industry multiple (adjusted for size and gross margin).
hotel polurrian (tsp operations) limited Estimated Valuation
Pomanda estimates the enterprise value of HOTEL POLURRIAN (TSP OPERATIONS) LIMITED at £0 based on an EBITDA of £-79.3k and a 4.71x industry multiple (adjusted for size and gross margin).
hotel polurrian (tsp operations) limited Estimated Valuation
Pomanda estimates the enterprise value of HOTEL POLURRIAN (TSP OPERATIONS) LIMITED at £0 based on Net Assets of £-856k and 2.09x industry multiple (adjusted for liquidity).
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Hotel Polurrian (tsp Operations) Limited Overview
Hotel Polurrian (tsp Operations) Limited is a live company located in lincoln, LN5 0AJ with a Companies House number of 07524136. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 2011, it's largest shareholder is loxley collection (tsp group) limited with a 100% stake. Hotel Polurrian (tsp Operations) Limited is a established, small sized company, Pomanda has estimated its turnover at £3.6m with high growth in recent years.
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Hotel Polurrian (tsp Operations) Limited Health Check
Pomanda's financial health check has awarded Hotel Polurrian (Tsp Operations) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£5.5m)
- Hotel Polurrian (tsp Operations) Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (11.9%)
- Hotel Polurrian (tsp Operations) Limited
11.9% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
- Hotel Polurrian (tsp Operations) Limited
64.1% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (8.2%)
- Hotel Polurrian (tsp Operations) Limited
8.2% - Industry AVG
Employees
with 82 employees, this is similar to the industry average (82)
82 - Hotel Polurrian (tsp Operations) Limited
82 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- Hotel Polurrian (tsp Operations) Limited
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £44.4k, this is less efficient (£75.7k)
- Hotel Polurrian (tsp Operations) Limited
£75.7k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (8 days)
- Hotel Polurrian (tsp Operations) Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (45 days)
- Hotel Polurrian (tsp Operations) Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is in line with average (7 days)
- Hotel Polurrian (tsp Operations) Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (6 weeks)
7 weeks - Hotel Polurrian (tsp Operations) Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.8%, this is a higher level of debt than the average (76.5%)
138.8% - Hotel Polurrian (tsp Operations) Limited
76.5% - Industry AVG
HOTEL POLURRIAN (TSP OPERATIONS) LIMITED financials
Hotel Polurrian (Tsp Operations) Limited's latest turnover from December 2023 is estimated at £3.6 million and the company has net assets of -£856 thousand. According to their latest financial statements, Hotel Polurrian (Tsp Operations) Limited has 82 employees and maintains cash reserves of £123.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,751,911 | 2,003,340 | 1,999,174 | 1,801,462 | 1,893,126 | 1,893,148 | 1,693,470 | 1,450,927 | 1,221,862 | 972,285 | |||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 233,452 | 334,571 | 285,176 | 259,792 | 240,068 | 224,123 | 225,256 | 199,411 | 173,579 | 175,204 | |||
| Gross Profit | 1,518,459 | 1,668,769 | 1,713,998 | 1,541,670 | 1,653,058 | 1,669,025 | 1,468,214 | 1,251,516 | 1,048,283 | 797,081 | |||
| Admin Expenses | 1,477,950 | 1,912,105 | 1,689,290 | 1,566,282 | 1,717,021 | 1,681,678 | 1,638,946 | 1,536,598 | 1,394,436 | 1,008,715 | |||
| Operating Profit | 40,509 | -243,336 | 24,708 | -24,612 | -63,963 | -12,653 | -170,732 | -285,082 | -346,153 | -211,634 | |||
| Interest Payable | 105,310 | 245,588 | 88,990 | 39,400 | 72,747 | 47,526 | 50,964 | 72,032 | 68,964 | 46,254 | |||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | -64,801 | -488,924 | -64,282 | -64,012 | -136,710 | -60,179 | -221,696 | -357,114 | -415,117 | -257,888 | |||
| Tax | |||||||||||||
| Profit After Tax | -64,801 | -488,924 | -64,282 | -64,012 | -136,710 | -60,179 | -221,696 | -357,114 | -415,117 | -257,888 | |||
| Dividends Paid | |||||||||||||
| Retained Profit | -64,801 | -488,924 | -64,282 | -64,012 | -136,710 | -60,179 | -221,696 | -357,114 | -415,117 | -257,888 | |||
| Employee Costs | 901,724 | 967,946 | 938,163 | 988,242 | 889,307 | 848,175 | 799,664 | 731,240 | 707,742 | 531,678 | |||
| Number Of Employees | 82 | 83 | 75 | 73 | 79 | 84 | 81 | 71 | 63 | 65 | 59 | 56 | 50 |
| EBITDA* | 209,315 | -106,160 | 203,409 | 166,709 | 270,458 | 178,668 | 20,589 | -93,760 | -161,215 | -104,793 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,838,333 | 1,257,726 | 3,482,546 | 3,571,319 | 3,634,261 | 3,248,595 | 3,014,458 | 3,106,857 | 3,243,482 | 3,367,967 | 3,465,318 | 3,676,801 | 3,240,879 |
| Intangible Assets | 2,646 | 18,546 | 34,446 | 50,346 | 66,246 | 82,146 | 98,046 | 113,946 | 129,846 | 145,746 | |||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 5,400,558 | ||||||||||||
| Total Fixed Assets | 1,838,333 | 6,658,284 | 3,482,546 | 3,573,965 | 3,652,807 | 3,283,041 | 3,064,804 | 3,173,103 | 3,325,628 | 3,466,013 | 3,579,264 | 3,806,647 | 3,386,625 |
| Stock & work in progress | 32,719 | 17,651 | 21,351 | 17,364 | 18,362 | 551,888 | 173,179 | 20,649 | 17,557 | 22,732 | 24,770 | 22,118 | 22,890 |
| Trade Debtors | 23,991 | 45,197 | 58,231 | 6,173 | 17,707 | 3,078 | 17,638 | 18,684 | 17,869 | 19,197 | 88,618 | 31,293 | 15,721 |
| Group Debtors | |||||||||||||
| Misc Debtors | 185,144 | 277,244 | 133,760 | 103,223 | 110,488 | 110,212 | 149,812 | 81,410 | 115,148 | 82,408 | 51,351 | 51,582 | 30,357 |
| Cash | 123,844 | 63,790 | 101,212 | 2,497 | 696 | 1,252 | 568 | 404 | 2,848 | 393,439 | 319,687 | 344,461 | 165,776 |
| misc current assets | |||||||||||||
| total current assets | 365,698 | 403,882 | 314,554 | 129,257 | 147,253 | 666,430 | 341,197 | 121,147 | 153,422 | 517,776 | 484,426 | 449,454 | 234,744 |
| total assets | 2,204,031 | 7,062,166 | 3,797,100 | 3,703,222 | 3,800,060 | 3,949,471 | 3,406,001 | 3,294,250 | 3,479,050 | 3,983,789 | 4,063,690 | 4,256,101 | 3,621,369 |
| Bank overdraft | 1,465,000 | 108,039 | 3,399 | 247,601 | 89,041 | 223,768 | 1,234,996 | 94,288 | 88,528 | 44,063 | |||
| Bank loan | 951,656 | 972,344 | 1,055,096 | 1,137,849 | 1,220,602 | 1,629,284 | |||||||
| Trade Creditors | 129,649 | 151,567 | 238,629 | 422,670 | 446,845 | 398,517 | 220,269 | 125,359 | 86,727 | 82,040 | 347,419 | 178,878 | 94,903 |
| Group/Directors Accounts | 3,471,457 | 3,660,152 | 3,408,776 | 3,226,377 | 2,928,574 | 3,163,038 | 3,271,514 | ||||||
| other short term finances | 230,420 | ||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 695,634 | 636,464 | 506,095 | 649,702 | 518,643 | 416,478 | 245,180 | 244,650 | 306,282 | 252,765 | 135,943 | 126,836 | 127,679 |
| total current liabilities | 825,283 | 788,031 | 2,209,724 | 5,833,944 | 5,601,383 | 5,526,468 | 4,918,716 | 4,742,953 | 4,791,043 | 5,235,603 | 577,650 | 394,242 | 266,645 |
| loans | 2,234,777 | 6,476,877 | 3,527,328 | 264,598 | 4,516,158 | 4,534,863 | 3,612,611 | ||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 2,234,777 | 6,476,877 | 3,527,328 | 264,598 | 4,516,158 | 4,534,863 | 3,612,611 | ||||||
| total liabilities | 3,060,060 | 7,264,908 | 5,737,052 | 5,833,944 | 5,865,981 | 5,526,468 | 4,918,716 | 4,742,953 | 4,791,043 | 5,235,603 | 5,093,808 | 4,929,105 | 3,879,256 |
| net assets | -856,029 | -202,742 | -1,939,952 | -2,130,722 | -2,065,921 | -1,576,997 | -1,512,715 | -1,448,703 | -1,311,993 | -1,251,814 | -1,030,118 | -673,004 | -257,887 |
| total shareholders funds | -856,029 | -202,742 | -1,939,952 | -2,130,722 | -2,065,921 | -1,576,997 | -1,512,715 | -1,448,703 | -1,311,993 | -1,251,814 | -1,030,118 | -673,004 | -257,887 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 40,509 | -243,336 | 24,708 | -24,612 | -63,963 | -12,653 | -170,732 | -285,082 | -346,153 | -211,634 | |||
| Depreciation | 88,859 | 14,806 | 186,996 | 152,906 | 121,276 | 162,801 | 175,421 | 175,421 | 175,421 | 175,421 | 175,422 | 169,038 | 93,591 |
| Amortisation | 2,646 | 15,900 | 15,900 | 15,900 | 15,900 | 159,000 | 15,900 | 15,900 | 15,900 | 15,900 | 13,250 | ||
| Tax | |||||||||||||
| Stock | 15,068 | -3,700 | 3,987 | -998 | -533,526 | 378,709 | 152,530 | 3,092 | -5,175 | -2,038 | 2,652 | -772 | 22,890 |
| Debtors | -5,513,864 | 5,531,008 | 82,595 | -18,799 | 14,905 | -54,160 | 67,356 | -32,923 | 31,412 | -38,364 | 57,094 | 36,797 | 46,078 |
| Creditors | -21,918 | -87,062 | -184,041 | -24,175 | 48,328 | 178,248 | 94,910 | 38,632 | 4,687 | -265,379 | 168,541 | 83,975 | 94,903 |
| Accruals and Deferred Income | 59,170 | 130,369 | -143,607 | 131,059 | 102,165 | 171,298 | 530 | -61,632 | 53,517 | 116,822 | 9,107 | -843 | 127,679 |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | 335,996 | 562,954 | 228,406 | 42,263 | 277,289 | 210,635 | -87,566 | 24,142 | -114,108 | 48,821 | |||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | -951,656 | -20,688 | -82,752 | -82,753 | -82,753 | 1,220,602 | -1,629,284 | 1,629,284 | |||||
| Group/Directors Accounts | -3,471,457 | -188,695 | 251,376 | 182,399 | 297,803 | -234,464 | -108,476 | 3,271,514 | |||||
| Other Short Term Loans | -230,420 | 230,420 | |||||||||||
| Long term loans | -4,242,100 | 2,949,549 | 3,527,328 | -264,598 | 264,598 | -4,516,158 | -18,705 | 922,252 | 3,612,611 | ||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -105,310 | -245,588 | -88,990 | -39,400 | -72,747 | -47,526 | -50,964 | -72,032 | -68,964 | -46,254 | |||
| cash flow from financing | -348,871 | 187,634 | 10,656 | 175,650 | 913,391 | -1,785,286 | 333,676 | -90,737 | 853,288 | 3,566,358 | |||
| cash and cash equivalents | |||||||||||||
| cash | 60,054 | -37,422 | 98,715 | 1,801 | -556 | 684 | 164 | -2,444 | -390,591 | 73,752 | -24,774 | 178,685 | 165,776 |
| overdraft | -1,465,000 | 1,356,961 | 104,640 | -244,202 | 158,560 | -134,727 | -1,011,228 | 1,234,996 | -94,288 | 5,760 | 44,465 | 44,063 | |
| change in cash | 60,054 | 1,427,578 | -1,258,246 | -102,839 | 243,646 | -157,876 | 134,891 | 1,008,784 | -1,625,587 | 168,040 | -30,534 | 134,220 | 121,713 |
hotel polurrian (tsp operations) limited Credit Report and Business Information
Hotel Polurrian (tsp Operations) Limited Competitor Analysis
Perform a competitor analysis for hotel polurrian (tsp operations) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in LN5 area or any other competitors across 12 key performance metrics.
hotel polurrian (tsp operations) limited Ownership
HOTEL POLURRIAN (TSP OPERATIONS) LIMITED group structure
Hotel Polurrian (Tsp Operations) Limited has no subsidiary companies.
Ultimate parent company
1 parent
HOTEL POLURRIAN (TSP OPERATIONS) LIMITED
07524136
hotel polurrian (tsp operations) limited directors
Hotel Polurrian (Tsp Operations) Limited currently has 5 directors. The longest serving directors include Mr Nigel Chapman (Feb 2011) and Mr Anthony Nares (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Chapman | 75 years | Feb 2011 | - | Director | |
| Mr Anthony Nares | 69 years | Jan 2020 | - | Director | |
| Mr Anthony Nares | England | 69 years | Jan 2020 | - | Director |
| Mrs Jean Long | England | 64 years | Jan 2022 | - | Director |
| Mr Andrew Long | England | 64 years | Jan 2022 | - | Director |
P&L
December 2023turnover
3.6m
+7%
operating profit
-168.2k
0%
gross margin
64.2%
+4.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-856k
+3.22%
total assets
2.2m
-0.69%
cash
123.8k
+0.94%
net assets
Total assets minus all liabilities
hotel polurrian (tsp operations) limited company details
company number
07524136
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
hotel polurrian limited (February 2022)
accountant
WRIGHT VIGAR LTD
auditor
-
address
the old rectory rectory road, coleby, lincoln, lincolnshire, LN5 0AJ
Bank
-
Legal Advisor
-
hotel polurrian (tsp operations) 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 hotel polurrian (tsp operations) limited. Currently there are 0 open charges and 5 have been satisfied in the past.
hotel polurrian (tsp operations) 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 HOTEL POLURRIAN (TSP OPERATIONS) LIMITED. This can take several minutes, an email will notify you when this has completed.
hotel polurrian (tsp operations) limited Companies House Filings - See Documents
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