the wolseley hospitality group limited
the wolseley hospitality group limited Company Information
Company Number
07887202
Website
www.corbinandking.comRegistered Address
157-160 piccadilly, london, W1J 9EB
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Activities of head offices
Telephone
02076471810
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
corbin & king holdings limited 100%
the wolseley hospitality group limited Estimated Valuation
The estimated valuation range for the wolseley hospitality group limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £13.9m
the wolseley hospitality group limited Estimated Valuation
The estimated valuation range for the wolseley hospitality group limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £13.9m
the wolseley hospitality group limited Estimated Valuation
The estimated valuation range for the wolseley hospitality group limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £13.9m
Get a detailed valuation report, edit figures and unlock valuation multiples.
The Wolseley Hospitality Group Limited AI Business Plan
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The Wolseley Hospitality Group Limited Overview
The Wolseley Hospitality Group Limited is a live company located in london, W1J 9EB with a Companies House number of 07887202. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2011, it's largest shareholder is corbin & king holdings limited with a 100% stake. The Wolseley Hospitality Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with declining growth in recent years.
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The Wolseley Hospitality Group Limited Health Check
Pomanda's financial health check has awarded The Wolseley Hospitality Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£19.2m)
£5.3m - The Wolseley Hospitality Group Limited
£19.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.9%)
-11% - The Wolseley Hospitality Group Limited
4.9% - Industry AVG
Production
with a gross margin of 44.1%, this company has a lower cost of product (34.6%)
44.1% - The Wolseley Hospitality Group Limited
34.6% - Industry AVG
Profitability
an operating margin of -82% make it less profitable than the average company (5.6%)
-82% - The Wolseley Hospitality Group Limited
5.6% - Industry AVG
Employees
with 144 employees, this is above the industry average (113)
144 - The Wolseley Hospitality Group Limited
113 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has a lower pay structure (£43.9k)
£31.4k - The Wolseley Hospitality Group Limited
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £36.5k, this is less efficient (£183.6k)
£36.5k - The Wolseley Hospitality Group Limited
£183.6k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (47 days)
4 days - The Wolseley Hospitality Group Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (46 days)
81 days - The Wolseley Hospitality Group Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (47 days)
17 days - The Wolseley Hospitality Group Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - The Wolseley Hospitality Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 165.5%, this is a higher level of debt than the average (63.7%)
165.5% - The Wolseley Hospitality Group Limited
63.7% - Industry AVG
the wolseley hospitality group limited Credit Report and Business Information
The Wolseley Hospitality Group Limited Competitor Analysis
Perform a competitor analysis for the wolseley hospitality group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the wolseley hospitality group limited Ownership
THE WOLSELEY HOSPITALITY GROUP LIMITED group structure
The Wolseley Hospitality Group Limited has 12 subsidiary companies.
Ultimate parent company
MINOR INTERNATIONAL PLC
#0046377
2 parents
THE WOLSELEY HOSPITALITY GROUP LIMITED
07887202
12 subsidiaries
the wolseley hospitality group limited directors
The Wolseley Hospitality Group Limited currently has 8 directors. The longest serving directors include Mr Kosin Chantikul (Apr 2022) and Mr Emmanuel Rajakarier (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kosin Chantikul | Thailand | 42 years | Apr 2022 | - | Director |
| Mr Emmanuel Rajakarier | Thailand | 58 years | Apr 2022 | - | Director |
| Mr Stephen Chojnacki | Spain | 51 years | Apr 2022 | - | Director |
| Mr William Heinecke | Thailand | 74 years | Apr 2022 | - | Director |
| Mr Kosin Chantikul | Thailand | 42 years | Apr 2022 | - | Director |
| Mr Emmanuel Rajakarier | Thailand | 58 years | Apr 2022 | - | Director |
| Mr Stephen Chojnacki | Thailand | 51 years | Apr 2022 | - | Director |
| Mr Baton Berisha | United Kingdom | 42 years | Sep 2022 | - | Director |
THE WOLSELEY HOSPITALITY GROUP LIMITED financials
The Wolseley Hospitality Group Limited's latest turnover from December 2022 is £5.3 million and the company has net assets of -£17.5 million. According to their latest financial statements, The Wolseley Hospitality Group Limited has 144 employees and maintains cash reserves of £292.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,255,264 | 5,511,562 | 4,080,980 | 7,368,819 | 2,892,419 | 1,508,733 | 3,254,156 | 0 | 0 | 0 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 2,936,950 | 2,881,211 | 2,375,656 | 4,883,598 | 1,929,579 | 74,736 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 2,318,314 | 2,630,351 | 1,705,324 | 2,485,221 | 962,840 | 1,433,997 | 3,254,156 | 0 | 0 | 0 | 0 | |
| Admin Expenses | 6,629,889 | 1,705,198 | 5,733,666 | -4,829,415 | 5,973,531 | 4,556,367 | 10,964,522 | 0 | 0 | 0 | 0 | |
| Operating Profit | -4,311,575 | 925,153 | -4,028,342 | 7,314,636 | -5,010,691 | -3,122,370 | -7,710,366 | 0 | 0 | 0 | 0 | |
| Interest Payable | 6,850 | 9,747 | 0 | 12,258 | 11,717 | 1,412,140 | 3,439,813 | 2,688,197 | 2,461,983 | 1,824,103 | 1,585,631 | |
| Interest Receivable | 1,352 | 5 | 175 | 3,403 | 41 | 261 | 18,478,390 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -4,317,073 | 915,411 | -4,028,167 | 7,305,781 | -5,022,367 | -4,534,249 | 7,328,211 | -2,688,197 | -2,452,800 | -1,824,103 | -1,585,631 | |
| Tax | 0 | 315,721 | -134,510 | -80,758 | -84,870 | -25,659 | 10,076 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -4,317,073 | 1,231,132 | -4,162,677 | 7,225,023 | -5,107,237 | -4,559,908 | 7,338,287 | -2,688,197 | -2,452,800 | -1,824,103 | -1,585,631 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -4,317,073 | 1,231,132 | -4,162,677 | 7,225,023 | -5,107,237 | -4,559,908 | 7,338,287 | -2,688,197 | -2,452,800 | -1,824,103 | -1,585,631 | |
| Employee Costs | 4,522,609 | 4,490,453 | 4,921,047 | 5,745,033 | 3,851,561 | 2,886,403 | 1,553,897 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 144 | 140 | 172 | 195 | 131 | 52 | 40 | |||||
| EBITDA* | -3,490,102 | 1,976,878 | -3,083,969 | 8,049,813 | -4,627,332 | -3,005,440 | -7,648,290 | 0 | 0 | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,774,105 | 12,698,611 | 13,573,100 | 11,021,353 | 7,796,920 | 4,056,574 | 2,586,414 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 15,297,798 | 15,297,797 | 15,297,797 | 15,297,797 | 15,297,797 | 15,297,107 | 15,297,107 | 15,297,206 | 15,297,206 | 15,297,206 | 15,297,204 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 25,071,903 | 27,996,408 | 28,870,897 | 26,319,150 | 23,094,717 | 19,353,681 | 17,883,521 | 15,297,206 | 15,297,206 | 15,297,206 | 15,297,204 | 0 |
| Stock & work in progress | 144,192 | 244,734 | 263,036 | 325,425 | 273,864 | 227,967 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 63,396 | 101,766 | 34,861 | 415,243 | 134,648 | 121,190 | 208,337 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 66,712 | 69,600 | 452,462 | 2,189,885 | 12,920,367 | 13,325,950 | 11,756,031 | 5,980,578 | 5,980,578 | 5,980,578 | 5,980,675 | 0 |
| Misc Debtors | 1,077,277 | 2,036,361 | 1,133,671 | 790,854 | 521,871 | 841,597 | 2,069,229 | 0 | 0 | 0 | 0 | 0 |
| Cash | 292,251 | 232,347 | 552,299 | 542,863 | 2,882,925 | 21,627 | 2,901,640 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,643,828 | 2,684,808 | 2,436,329 | 4,264,270 | 16,733,675 | 14,538,331 | 16,935,237 | 5,980,578 | 5,980,578 | 5,980,578 | 5,980,675 | 0 |
| total assets | 26,715,731 | 30,681,216 | 31,307,226 | 30,583,420 | 39,828,392 | 33,892,012 | 34,818,758 | 21,277,784 | 21,277,784 | 21,277,784 | 21,277,879 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 203,015 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 658,359 | 1,743,887 | 1,546,959 | 1,273,316 | 138,279 | 3,027 | 248,636 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 39,955,200 | 36,484,524 | 38,848,126 | 34,476,303 | 50,858,560 | 43,361,892 | 3,780,464 | 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 | 24,058 | 46,020 | 61,269 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,603,828 | 5,637,388 | 5,012,135 | 4,549,247 | 5,828,722 | 2,483,500 | 639,073 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 44,217,387 | 43,865,799 | 45,407,220 | 40,298,866 | 56,849,619 | 45,894,439 | 4,932,457 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 37,260,222 | 30,698,833 | 28,010,636 | 24,687,417 | 22,863,409 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 12,016 | 80,614 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 29,151 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 315,721 | 181,211 | 100,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 315,721 | 181,211 | 100,453 | 12,016 | 37,369,987 | 30,698,833 | 28,010,636 | 24,687,417 | 22,863,409 | 0 |
| total liabilities | 44,217,387 | 43,865,799 | 45,722,941 | 40,480,077 | 56,950,072 | 45,906,455 | 42,302,444 | 30,698,833 | 28,010,636 | 24,687,417 | 22,863,409 | 0 |
| net assets | -17,501,656 | -13,184,583 | -14,415,715 | -9,896,657 | -17,121,680 | -12,014,443 | -7,483,686 | -9,421,049 | -6,732,852 | -3,409,633 | -1,585,530 | 0 |
| total shareholders funds | -17,501,656 | -13,184,583 | -14,415,715 | -9,896,657 | -17,121,680 | -12,014,443 | -7,483,686 | -9,421,049 | -6,732,852 | -3,409,633 | -1,585,530 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -4,311,575 | 925,153 | -4,028,342 | 7,314,636 | -5,010,691 | -3,122,370 | -7,710,366 | 0 | 0 | 0 | 0 | |
| Depreciation | 821,473 | 1,051,725 | 944,373 | 735,177 | 383,359 | 116,930 | 62,076 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 315,721 | -134,510 | -80,758 | -84,870 | -25,659 | 10,076 | 0 | 0 | 0 | 0 | |
| Stock | -100,542 | -18,302 | -62,389 | 51,561 | 273,864 | 227,967 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,000,342 | 586,733 | -1,774,988 | -10,180,904 | -456,711 | 255,140 | 8,053,019 | 0 | 0 | -97 | 5,980,675 | 0 |
| Creditors | -1,085,528 | 196,928 | 273,643 | 1,135,037 | -110,357 | -245,609 | 248,636 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,033,560 | 625,253 | 462,888 | -1,279,475 | 5,189,649 | 1,844,427 | 639,073 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -315,721 | 134,510 | 80,758 | 100,453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,508,306 | 2,230,628 | -510,061 | 18,034,718 | 650,390 | -1,915,388 | -14,803,524 | 0 | 0 | 97 | -5,980,675 | |
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 1 | 0 | 0 | 0 | 690 | 0 | -99 | 0 | 0 | 2 | 15,297,204 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -203,015 | -203,015 | 203,015 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,470,676 | -2,363,602 | 4,371,823 | -16,382,257 | 47,078,096 | 39,581,428 | 3,780,464 | 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 | -37,260,222 | -37,260,222 | 6,561,389 | 2,688,197 | 3,323,219 | 1,824,008 | 22,863,409 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -24,058 | -117,825 | -83,847 | 141,883 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -29,151 | -29,151 | 29,151 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -5,498 | -9,742 | 175 | -8,855 | -11,676 | -1,411,879 | 15,038,577 | -2,688,197 | -2,461,983 | -1,824,103 | -1,585,631 | |
| cash flow from financing | 3,465,178 | -2,373,344 | 4,015,617 | -16,415,170 | 4,925,450 | 622,465 | 20,353,555 | 0 | -9,183 | -95 | 21,277,879 | |
| cash and cash equivalents | ||||||||||||
| cash | 59,904 | -319,952 | 9,436 | -2,340,062 | -18,715 | -2,880,013 | 2,901,640 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 59,904 | -319,952 | 9,436 | -2,340,062 | -18,715 | -2,880,013 | 2,901,640 | 0 | 0 | 0 | 0 | 0 |
P&L
December 2022turnover
5.3m
-5%
operating profit
-4.3m
-566%
gross margin
44.2%
-7.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-17.5m
+0.33%
total assets
26.7m
-0.13%
cash
292.3k
+0.26%
net assets
Total assets minus all liabilities
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the wolseley hospitality group limited company details
company number
07887202
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
70100 - Activities of head offices
incorporation date
December 2011
age
13
accounts
Full Accounts
ultimate parent company
previous names
corbin & king restaurant group limited (June 2022)
rex finance company limited (October 2016)
incorporated
UK
address
157-160 piccadilly, london, W1J 9EB
last accounts submitted
December 2022
the wolseley hospitality 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 found 11 charges/mortgages relating to the wolseley hospitality group limited. Currently there are 0 open charges and 11 have been satisfied in the past.
the wolseley hospitality group limited Companies House Filings - See Documents
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