sharrow bay hotel limited
sharrow bay hotel limited Company Information
Company Number
08012152
Next Accounts
Jan 2025
Directors
Shareholders
sharrow bay properties limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
1580 parkway, solent business park, whiteley, fareham, hampshire, PO15 7AG
Website
www.sharrowbay.co.uksharrow bay hotel limited Estimated Valuation
Pomanda estimates the enterprise value of SHARROW BAY HOTEL LIMITED at £1.2m based on a Turnover of £1.2m and 0.96x industry multiple (adjusted for size and gross margin).
sharrow bay hotel limited Estimated Valuation
Pomanda estimates the enterprise value of SHARROW BAY HOTEL LIMITED at £0 based on an EBITDA of £-312.3k and a 3.84x industry multiple (adjusted for size and gross margin).
sharrow bay hotel limited Estimated Valuation
Pomanda estimates the enterprise value of SHARROW BAY HOTEL LIMITED at £0 based on Net Assets of £-1.6m and 2.16x industry multiple (adjusted for liquidity).
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Sharrow Bay Hotel Limited Overview
Sharrow Bay Hotel Limited is a dissolved company that was located in whiteley, fareham, PO15 7AG with a Companies House number of 08012152. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 2012, it's largest shareholder was sharrow bay properties limited with a 100% stake. The last turnover for Sharrow Bay Hotel Limited was estimated at £1.2m.
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Sharrow Bay Hotel Limited Health Check
Pomanda's financial health check has awarded Sharrow Bay Hotel Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£4.8m)
- Sharrow Bay Hotel Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (3.4%)
- Sharrow Bay Hotel Limited
3.4% - Industry AVG
Production
with a gross margin of 45%, this company has a higher cost of product (61.4%)
- Sharrow Bay Hotel Limited
61.4% - Industry AVG
Profitability
an operating margin of -25.6% make it less profitable than the average company (7.9%)
- Sharrow Bay Hotel Limited
7.9% - Industry AVG
Employees
with 34 employees, this is below the industry average (88)
34 - Sharrow Bay Hotel Limited
88 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Sharrow Bay Hotel Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £36.3k, this is less efficient (£59.6k)
- Sharrow Bay Hotel Limited
£59.6k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (10 days)
- Sharrow Bay Hotel Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 956 days, this is slower than average (44 days)
- Sharrow Bay Hotel Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (8 days)
- Sharrow Bay Hotel Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Sharrow Bay Hotel Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1342.3%, this is a higher level of debt than the average (72.2%)
1342.3% - Sharrow Bay Hotel Limited
72.2% - Industry AVG
SHARROW BAY HOTEL LIMITED financials
Sharrow Bay Hotel Limited's latest turnover from December 2018 is estimated at £1.2 million and the company has net assets of -£1.6 million. According to their latest financial statements, Sharrow Bay Hotel Limited has 34 employees and maintains cash reserves of £45.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|
| Turnover | 1,479,913 | 475,884 | ||||
| Other Income Or Grants | 0 | 0 | ||||
| Cost Of Sales | 1,011,786 | 288,148 | ||||
| Gross Profit | 468,127 | 187,736 | ||||
| Admin Expenses | 989,298 | 334,899 | ||||
| Operating Profit | -521,171 | -147,163 | ||||
| Interest Payable | 246 | 5,410 | ||||
| Interest Receivable | 0 | 0 | ||||
| Pre-Tax Profit | -521,417 | -152,573 | ||||
| Tax | 0 | 0 | ||||
| Profit After Tax | -521,417 | -152,573 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | -521,417 | -152,573 | ||||
| Employee Costs | ||||||
| Number Of Employees | 34 | 43 | 42 | |||
| EBITDA* | -513,824 | -144,549 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 6,720 | 14,089 | 23,265 | 33,688 | 18,550 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 6,720 | 14,089 | 23,265 | 33,688 | 18,550 |
| Stock & work in progress | 41,654 | 37,704 | 39,824 | 39,907 | 44,533 | 47,931 |
| Trade Debtors | 45,242 | 59,456 | 1,481 | 20,777 | 67,049 | 39,874 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 213,198 |
| Misc Debtors | 0 | 0 | 83,506 | 47,284 | 0 | 49,482 |
| Cash | 45,639 | 94,252 | 60,165 | 36,117 | 60,616 | 3,170 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 132,535 | 191,412 | 184,976 | 144,085 | 172,198 | 353,655 |
| total assets | 132,535 | 198,132 | 199,065 | 167,350 | 205,886 | 372,205 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,778,967 | 1,529,237 | 130,186 | 197,732 | 879,776 | 524,678 |
| Group/Directors Accounts | 0 | 0 | 973,481 | 746,348 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 238,584 | 215,598 | 0 | 0 |
| total current liabilities | 1,778,967 | 1,529,237 | 1,342,251 | 1,159,678 | 879,776 | 524,678 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,778,967 | 1,529,237 | 1,342,251 | 1,159,678 | 879,776 | 524,678 |
| net assets | -1,646,432 | -1,331,105 | -1,143,186 | -992,328 | -673,890 | -152,473 |
| total shareholders funds | -1,646,432 | -1,331,105 | -1,143,186 | -992,328 | -673,890 | -152,473 |
| Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -521,171 | -147,163 | ||||
| Depreciation | 3,531 | 7,369 | 9,176 | 10,423 | 7,347 | 2,614 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | ||||
| Stock | 3,950 | -2,120 | -83 | -4,626 | -3,398 | 47,931 |
| Debtors | -14,214 | -25,531 | 16,926 | 1,012 | -235,505 | 302,554 |
| Creditors | 249,730 | 1,399,051 | -67,546 | -682,044 | 355,098 | 524,678 |
| Accruals and Deferred Income | 0 | -238,584 | 22,986 | 215,598 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 80,177 | 29,644 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -973,481 | 227,133 | 746,348 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -246 | -5,410 | ||||
| cash flow from financing | -246 | -5,310 | ||||
| cash and cash equivalents | ||||||
| cash | -48,613 | 34,087 | 24,048 | -24,499 | 57,446 | 3,170 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -48,613 | 34,087 | 24,048 | -24,499 | 57,446 | 3,170 |
sharrow bay hotel limited Credit Report and Business Information
Sharrow Bay Hotel Limited Competitor Analysis
Perform a competitor analysis for sharrow bay hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in PO15 area or any other competitors across 12 key performance metrics.
sharrow bay hotel limited Ownership
SHARROW BAY HOTEL LIMITED group structure
Sharrow Bay Hotel Limited has no subsidiary companies.
Ultimate parent company
2 parents
SHARROW BAY HOTEL LIMITED
08012152
sharrow bay hotel limited directors
Sharrow Bay Hotel Limited currently has 1 director, Mr Andrew Davis serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Davis | England | 60 years | Jan 2013 | - | Director |
P&L
December 2018turnover
1.2m
-15%
operating profit
-315.9k
0%
gross margin
45%
+0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-1.6m
+0.24%
total assets
132.5k
-0.33%
cash
45.6k
-0.52%
net assets
Total assets minus all liabilities
sharrow bay hotel limited company details
company number
08012152
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2018
previous names
sb opco limited (January 2013)
accountant
WARD GOODMAN
auditor
-
address
1580 parkway, solent business park, whiteley, fareham, hampshire, PO15 7AG
Bank
-
Legal Advisor
-
sharrow bay hotel 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 sharrow bay hotel limited.
sharrow bay hotel 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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sharrow bay hotel limited Companies House Filings - See Documents
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