the belfry hotel lichfield road, wishaw, sutton coldfield, west midlands, B76 9PR
Website
-
tb resort operations limitedEstimated Valuation
£105.5m
Pomanda estimates the enterprise value of TB RESORT OPERATIONS LIMITED at £105.5m based on a Turnover of £43.6m and 2.42x industry multiple (adjusted for size and gross margin).
tb resort operations limitedEstimated Valuation
£116.7m
Pomanda estimates the enterprise value of TB RESORT OPERATIONS LIMITED at £116.7m based on an EBITDA of £11.5m and a 10.18x industry multiple (adjusted for size and gross margin).
tb resort operations limitedEstimated Valuation
£305.8m
Pomanda estimates the enterprise value of TB RESORT OPERATIONS LIMITED at £305.8m based on Net Assets of £156.6m and 1.95x industry multiple (adjusted for liquidity).
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Tb Resort Operations LimitedOverview
Tb Resort Operations Limited is a live company located in sutton coldfield, B76 9PR with a Companies House number of 08180767. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in August 2012, it's largest shareholder is
tb resort holdings uk limited
with a 100% stake. Tb Resort Operations Limited is a established,
large sized company, Pomanda has estimated its turnover at
£43.6m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Tb Resort Operations Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £43.6m, make it larger than the average company (£3.1m)
£43.6m - Tb Resort Operations Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (10.1%)
40% - Tb Resort Operations Limited
10.1% - Industry AVG
Production
with a gross margin of 87.6%, this company has a lower cost of product (60.5%)
87.6% - Tb Resort Operations Limited
60.5% - Industry AVG
Profitability
an operating margin of 17.9% make it more profitable than the average company (6.4%)
17.9% - Tb Resort Operations Limited
6.4% - Industry AVG
Employees
with 739 employees, this is above the industry average (51)
739 - Tb Resort Operations Limited
51 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£23k)
£19.9k - Tb Resort Operations Limited
£23k - Industry AVG
Efficiency
resulting in sales per employee of £59k, this is equally as efficient (£62.7k)
£59k - Tb Resort Operations Limited
£62.7k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (8 days)
15 days - Tb Resort Operations Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (40 days)
70 days - Tb Resort Operations Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is more than average (10 days)
43 days - Tb Resort Operations Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (24 weeks)
17 weeks - Tb Resort Operations Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.3%, this is a lower level of debt than the average (60.1%)
5.3% - Tb Resort Operations Limited
60.1% - Industry AVG
TB RESORT OPERATIONS LIMITED financials
EXPORT
Tb Resort Operations Limited's latest turnover from December 2023 is £43.6 million and the company has net assets of £156.6 million. According to their latest financial statements, Tb Resort Operations Limited has 739 employees and maintains cash reserves of £2.6 million 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
Turnover
43,567,010
41,735,552
29,951,776
15,842,479
36,131,821
35,204,212
34,546,639
32,205,441
29,070,366
23,392,051
19,232,334
6,730,772
Other Income Or Grants
Cost Of Sales
5,388,472
4,995,010
3,523,449
1,975,937
4,292,338
4,177,053
4,189,760
3,896,982
3,602,636
3,483,079
3,075,966
1,037,183
Gross Profit
38,178,538
36,740,542
26,428,327
13,866,542
31,839,483
31,027,159
30,356,879
28,308,459
25,467,730
19,908,972
16,156,368
5,693,589
Admin Expenses
30,381,942
29,318,578
25,563,683
35,926,118
-49,139,743
29,938,374
28,323,312
26,553,690
24,036,091
21,074,260
18,851,127
6,496,455
Operating Profit
7,796,596
7,421,964
864,644
-22,059,576
80,979,226
1,088,785
2,033,567
1,754,769
1,431,639
-1,165,288
-2,694,759
-802,866
Interest Payable
246,211
166,905
208,076
221,296
221,210
221,210
221,211
73,939
Interest Receivable
36,046
4,061
8,955
3,609
654
Pre-Tax Profit
7,832,642
7,421,964
1,411,669
-22,059,576
80,733,015
921,880
1,825,491
1,533,473
1,214,490
-1,377,543
-2,912,361
-876,151
Tax
-316,138
-341,230
-704,679
103,491
-283,158
-875,961
-962,181
-374,979
757,779
Profit After Tax
7,516,504
7,080,734
706,990
-21,956,085
80,449,857
45,919
863,310
1,158,494
1,972,269
-1,377,543
-2,912,361
-876,151
Dividends Paid
5,526,483
Retained Profit
7,516,504
7,080,734
-4,819,493
-21,956,085
80,449,857
45,919
863,310
1,158,494
1,972,269
-1,377,543
-2,912,361
-876,151
Employee Costs
14,684,501
13,628,993
11,431,124
9,929,858
11,499,746
10,903,198
10,266,995
9,745,576
9,422,076
8,808,720
7,135,095
2,367,646
Number Of Employees
739
803
582
498
695
688
680
664
653
603
525
533
EBITDA*
11,467,890
11,263,534
6,606,965
-18,141,591
82,189,517
2,425,375
3,515,568
3,054,471
2,479,549
537,931
-946,839
-289,213
* 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
Tangible Assets
150,215,537
139,864,872
137,320,064
140,274,444
142,773,861
5,308,493
5,047,298
5,374,593
5,106,307
5,179,863
4,806,252
2,452,640
Intangible Assets
1,209,834
1,313,534
1,417,234
1,520,934
1,624,634
1,728,334
1,832,034
1,935,734
2,039,434
Investments & Other
13,290,941
Debtors (Due After 1 year)
Total Fixed Assets
150,215,537
139,864,872
137,320,064
141,484,278
157,378,336
6,725,727
6,568,232
6,999,227
6,834,641
7,011,897
6,741,986
4,492,074
Stock & work in progress
640,879
704,139
473,886
365,094
458,660
557,383
533,794
540,827
567,794
450,891
311,426
497,106
Trade Debtors
1,860,512
2,530,445
1,720,998
620,994
1,783,130
1,565,145
2,038,380
1,853,626
1,746,462
2,681,350
721,244
748,491
Group Debtors
8,319,840
9,613,329
4,287,132
2,751,925
4,115,797
Misc Debtors
1,676,199
680,328
551,828
1,099,090
1,150,224
1,098,536
1,347,022
1,187,029
1,685,914
347,621
783,994
218,817
Cash
2,610,165
2,530,557
3,918,453
2,627,898
923,677
892,499
2,727,592
2,049,817
2,269,953
2,084,935
2,183,797
1,056,340
misc current assets
total current assets
15,107,595
16,058,798
10,952,297
7,465,001
8,431,488
4,113,563
6,646,788
5,631,299
6,270,123
5,564,797
4,000,461
2,520,754
total assets
165,323,132
155,923,670
148,272,361
148,949,279
165,809,824
10,839,290
13,215,020
12,630,526
13,104,764
12,576,694
10,742,447
7,012,828
Bank overdraft
Bank loan
Trade Creditors
1,038,824
1,065,688
579,741
679,093
952,131
682,683
662,317
587,312
928,032
954,028
540,382
543,256
Group/Directors Accounts
319,946
other short term finances
hp & lease commitments
other current liabilities
6,935,295
5,285,360
5,083,801
2,848,852
3,376,219
3,874,925
3,738,473
2,809,349
2,569,643
2,400,159
1,840,995
2,031,225
total current liabilities
7,974,119
6,351,048
5,983,488
3,527,945
4,328,350
4,557,608
4,400,790
3,396,661
3,497,675
3,354,187
2,381,377
2,574,481
loans
1,407,744
3,986,211
5,269,156
6,800,874
8,388,561
12,149,581
5,314,497
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
769,879
509,992
306,977
145,945
total long term liabilities
769,879
509,992
306,977
145,945
1,407,744
3,986,211
5,269,156
6,800,874
8,388,561
12,149,581
5,314,497
total liabilities
8,743,998
6,861,040
6,290,465
3,673,890
4,328,350
5,965,352
8,387,001
8,665,817
10,298,549
11,742,748
14,530,958
7,888,978
net assets
156,579,134
149,062,630
141,981,896
145,275,389
161,481,474
4,873,938
4,828,019
3,964,709
2,806,215
833,946
-3,788,511
-876,150
total shareholders funds
156,579,134
149,062,630
141,981,896
145,275,389
161,481,474
4,873,938
4,828,019
3,964,709
2,806,215
833,946
-3,788,511
-876,150
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Operating Activities
Operating Profit
7,796,596
7,421,964
864,644
-22,059,576
80,979,226
1,088,785
2,033,567
1,754,769
1,431,639
-1,165,288
-2,694,759
-802,866
Depreciation
3,671,294
3,841,570
4,532,487
3,814,285
1,106,591
1,232,890
1,378,301
1,196,002
944,210
1,599,519
1,644,220
479,087
Amortisation
1,209,834
103,700
103,700
103,700
103,700
103,700
103,700
103,700
103,700
34,566
Tax
-316,138
-341,230
-704,679
103,491
-283,158
-875,961
-962,181
-374,979
757,779
Stock
-63,260
230,253
108,792
-93,566
-98,723
23,589
-7,033
-26,967
116,903
139,465
-185,680
497,106
Debtors
-967,551
6,264,144
2,087,949
-2,577,142
4,385,470
-721,721
344,747
-391,721
403,405
1,523,733
537,930
967,308
Creditors
-26,864
485,947
-99,352
-273,038
269,448
20,366
75,005
-340,720
-25,996
413,646
-2,874
543,256
Accruals and Deferred Income
1,649,935
201,559
2,234,949
-527,367
-498,706
136,452
929,124
239,706
169,484
559,164
-190,230
2,031,225
Deferred Taxes & Provisions
259,887
203,015
161,032
145,945
Cash flow from operations
14,065,521
5,318,428
6,002,174
-16,021,852
77,390,354
2,404,364
3,219,802
2,997,166
2,860,508
-152,457
-1,492,193
820,854
Investing Activities
capital expenditure
-1,494,085
-1,051,006
-1,464,288
-870,654
-1,973,130
-3,997,832
-211,115
Change in Investments
-13,290,941
13,290,941
cash flow from investments
13,290,941
-13,290,941
-1,494,085
-1,051,006
-1,464,288
-870,654
-1,973,130
-3,997,832
-211,115
Financing Activities
Bank loans
Group/Directors Accounts
-319,946
319,946
Other Short Term Loans
Long term loans
-1,407,744
-2,578,467
-1,282,945
-1,531,718
-1,587,687
-3,761,020
6,835,084
5,314,497
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,526,000
5,750,000
76,157,679
6,000,000
1
interest
36,046
-246,211
-166,905
-208,076
-221,296
-217,149
-212,255
-217,602
-73,285
cash flow from financing
36,046
-319,946
1,845,946
5,750,000
74,503,724
-2,745,372
-1,491,021
-1,753,014
-1,804,836
2,026,725
6,617,482
5,241,213
cash and cash equivalents
cash
79,608
-1,387,896
1,290,555
1,704,221
31,178
-1,835,093
677,775
-220,136
185,018
-98,862
1,127,457
1,056,340
overdraft
change in cash
79,608
-1,387,896
1,290,555
1,704,221
31,178
-1,835,093
677,775
-220,136
185,018
-98,862
1,127,457
1,056,340
tb resort operations 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 tb resort operations limited. Get real-time insights into tb resort operations limited's credit score, group structure and payment trends.
Perform a competitor analysis for tb resort operations limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in B76 area or any other competitors across 12 key performance metrics.
tb resort operations limited Ownership
TB RESORT OPERATIONS LIMITED group structure
Tb Resort Operations Limited has no subsidiary companies.
The sole shareholder of Tb Resort Operations Limited is Tb Resort Holdings Uk Limited.
tb resort holdings uk limited
100%
tb resort operations limited directors
Tb Resort Operations Limited currently has 4 directors.
The longest serving directors include
Mr Jeremy Wiltshire (Nov 2021) and
Mr Andrew Roberts (Feb 2024).
the belfry hotel lichfield road, wishaw, sutton coldfield, west midlands, B76 9PR
Bank
LLOYDS TSB BANK PLC
Legal Advisor
DENTONS UK AND MIDDLE EAST LLP
tb resort 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 8 charges/mortgages relating to tb resort operations limited. Currently there are 2 open charges and 6 have been satisfied in the past.
tb resort 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 TB RESORT OPERATIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
tb resort operations limitedCompanies House Filings - See Documents
