south sands hotel 2 limited
south sands hotel 2 limited Company Information
Company Number
07755818
Website
www.southsands.comRegistered Address
south sands hotel bolt head, salcombe, TQ8 8LL
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01548845900
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
david george noble 100%
south sands hotel 2 limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH SANDS HOTEL 2 LIMITED at £1.2m based on a Turnover of £590.5k and 2.05x industry multiple (adjusted for size and gross margin).
south sands hotel 2 limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH SANDS HOTEL 2 LIMITED at £0 based on an EBITDA of £-6.3k and a 4.63x industry multiple (adjusted for size and gross margin).
south sands hotel 2 limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH SANDS HOTEL 2 LIMITED at £0 based on Net Assets of £-655.2k and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
South Sands Hotel 2 Limited Overview
South Sands Hotel 2 Limited is a live company located in salcombe, TQ8 8LL with a Companies House number of 07755818. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2011, it's largest shareholder is david george noble with a 100% stake. South Sands Hotel 2 Limited is a established, small sized company, Pomanda has estimated its turnover at £590.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
South Sands Hotel 2 Limited Health Check
Pomanda's financial health check has awarded South Sands Hotel 2 Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £590.5k, make it smaller than the average company (£815.1k)
- South Sands Hotel 2 Limited
£815.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1.5%)
- South Sands Hotel 2 Limited
1.5% - Industry AVG
Production
with a gross margin of 28.4%, this company has a higher cost of product (71.9%)
- South Sands Hotel 2 Limited
71.9% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (35%)
- South Sands Hotel 2 Limited
35% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- South Sands Hotel 2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- South Sands Hotel 2 Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £295.2k, this is more efficient (£180.5k)
- South Sands Hotel 2 Limited
£180.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (32 days)
- South Sands Hotel 2 Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 1536 days, this is slower than average (35 days)
- South Sands Hotel 2 Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- South Sands Hotel 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - South Sands Hotel 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 158%, this is a higher level of debt than the average (66.9%)
158% - South Sands Hotel 2 Limited
66.9% - Industry AVG
SOUTH SANDS HOTEL 2 LIMITED financials
South Sands Hotel 2 Limited's latest turnover from February 2023 is estimated at £590.5 thousand and the company has net assets of -£655.2 thousand. According to their latest financial statements, we estimate that South Sands Hotel 2 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 11 | 15 | 14 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,124,638 | 1,152,821 | 1,181,004 | 1,210,273 | 1,239,542 | 1,271,173 | 1,296,231 | 1,159,614 | 1,207,016 | 1,262,543 | 1,072,704 | 413,230 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,124,638 | 1,152,821 | 1,181,004 | 1,210,273 | 1,239,542 | 1,271,173 | 1,296,231 | 1,159,614 | 1,207,016 | 1,262,543 | 1,072,704 | 413,230 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 5,593 | 4,886 | 4,855 | 3,603 | 5,622 | 8,028 | 0 |
| Trade Debtors | 4,417 | 4,271 | 9,779 | 13,277 | 28,226 | 15,030 | 810 | 0 | 5,395 | 1,019 | 16,873 | 13,110 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 5,536 | 7,157 | 7,800 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 11,124 | 20,722 | 3,910 | 13,475 | 28,180 | 10,461 | 9,722 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,417 | 4,271 | 9,779 | 13,277 | 28,226 | 37,283 | 33,575 | 16,565 | 22,473 | 34,821 | 35,362 | 22,832 |
| total assets | 1,129,055 | 1,157,092 | 1,190,783 | 1,223,550 | 1,267,768 | 1,308,456 | 1,329,806 | 1,176,179 | 1,229,489 | 1,297,364 | 1,108,066 | 436,062 |
| Bank overdraft | 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 |
| Trade Creditors | 1,781,218 | 1,802,988 | 1,818,861 | 1,847,587 | 1,890,353 | 32,545 | 51,221 | 37,125 | 1,813,992 | 1,772,238 | 1,260,584 | 446,041 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 1,930,401 | 1,967,099 | 1,779,695 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,781,218 | 1,802,988 | 1,818,861 | 1,847,587 | 1,890,353 | 1,962,946 | 2,018,320 | 1,816,820 | 1,813,992 | 1,772,238 | 1,260,584 | 446,041 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,000 | 3,000 | 3,000 | 7,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,000 | 3,000 | 3,000 | 7,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,784,218 | 1,805,988 | 1,821,861 | 1,855,461 | 1,890,353 | 1,962,946 | 2,018,320 | 1,816,820 | 1,813,992 | 1,772,238 | 1,260,584 | 446,041 |
| net assets | -655,163 | -648,896 | -631,078 | -631,911 | -622,585 | -654,490 | -688,514 | -640,641 | -584,503 | -474,874 | -152,518 | -9,979 |
| total shareholders funds | -655,163 | -648,896 | -631,078 | -631,911 | -622,585 | -654,490 | -688,514 | -640,641 | -584,503 | -474,874 | -152,518 | -9,979 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 29,267 | 50,833 | 53,837 | 55,527 | 52,153 | 31,004 | 3,265 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | -5,593 | 707 | 31 | 1,252 | -2,019 | -2,406 | 8,028 | 0 |
| Debtors | 146 | -5,508 | -3,498 | -14,949 | 7,660 | 12,599 | 167 | 2,405 | 4,376 | -15,854 | 3,763 | 13,110 |
| Creditors | -21,770 | -15,873 | -28,726 | -42,766 | 1,857,808 | -18,676 | 14,096 | -1,776,867 | 41,754 | 511,654 | 814,543 | 446,041 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -1,930,401 | -36,698 | 187,404 | 1,779,695 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -4,874 | 7,874 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | -11,124 | -9,598 | 16,812 | -9,565 | -14,705 | 17,719 | 739 | 9,722 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -11,124 | -9,598 | 16,812 | -9,565 | -14,705 | 17,719 | 739 | 9,722 |
south sands hotel 2 limited Credit Report and Business Information
South Sands Hotel 2 Limited Competitor Analysis
Perform a competitor analysis for south sands hotel 2 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
south sands hotel 2 limited Ownership
SOUTH SANDS HOTEL 2 LIMITED group structure
South Sands Hotel 2 Limited has no subsidiary companies.
Ultimate parent company
SOUTH SANDS HOTEL 2 LIMITED
07755818
south sands hotel 2 limited directors
South Sands Hotel 2 Limited currently has 2 directors. The longest serving directors include Rev'd Stephen Ball (Aug 2011) and Mrs Caroline Noble (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Rev'd Stephen Ball | England | 61 years | Aug 2011 | - | Director |
| Mrs Caroline Noble | England | 55 years | Dec 2023 | - | Director |
P&L
February 2023turnover
590.5k
-1%
operating profit
-6.3k
0%
gross margin
28.4%
+2.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-655.2k
+0.01%
total assets
1.1m
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
south sands hotel 2 limited company details
company number
07755818
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2011
age
13
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
south sands hotel bolt head, salcombe, TQ8 8LL
last accounts submitted
February 2022
south sands hotel 2 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 south sands hotel 2 limited.
south sands hotel 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
