fonab castle hotel ltd
fonab castle hotel ltd Company Information
Company Number
08275224
Next Accounts
179 days late
Shareholders
fonab spv limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
2nd floor 10 bridge street, bath, somerset, BA2 4AS
Website
www.fonabcastlehotel.comfonab castle hotel ltd Estimated Valuation
Pomanda estimates the enterprise value of FONAB CASTLE HOTEL LTD at £8.7m based on a Turnover of £7m and 1.24x industry multiple (adjusted for size and gross margin).
fonab castle hotel ltd Estimated Valuation
Pomanda estimates the enterprise value of FONAB CASTLE HOTEL LTD at £6.5m based on an EBITDA of £1.3m and a 4.96x industry multiple (adjusted for size and gross margin).
fonab castle hotel ltd Estimated Valuation
Pomanda estimates the enterprise value of FONAB CASTLE HOTEL LTD at £3.9m based on Net Assets of £1.9m and 2.09x industry multiple (adjusted for liquidity).
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Fonab Castle Hotel Ltd Overview
Fonab Castle Hotel Ltd is a live company located in somerset, BA2 4AS with a Companies House number of 08275224. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in October 2012, it's largest shareholder is fonab spv limited with a 100% stake. Fonab Castle Hotel Ltd is a established, mid sized company, Pomanda has estimated its turnover at £7m with high growth in recent years.
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Fonab Castle Hotel Ltd Health Check
Pomanda's financial health check has awarded Fonab Castle Hotel Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
6 Regular
2 Weak
Size
annual sales of £2.1m, make it in line with the average company (£2.6m)
- Fonab Castle Hotel Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a similar rate (-18.3%)
- Fonab Castle Hotel Ltd
-18.3% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (57%)
- Fonab Castle Hotel Ltd
57% - Industry AVG
Profitability
an operating margin of 32.3% make it more profitable than the average company (0.8%)
- Fonab Castle Hotel Ltd
0.8% - Industry AVG
Employees
with 88 employees, this is above the industry average (66)
88 - Fonab Castle Hotel Ltd
66 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
- Fonab Castle Hotel Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £23.7k, this is less efficient (£43.8k)
- Fonab Castle Hotel Ltd
£43.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (10 days)
- Fonab Castle Hotel Ltd
10 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is close to average (61 days)
- Fonab Castle Hotel Ltd
61 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (11 days)
- Fonab Castle Hotel Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (7 weeks)
37 weeks - Fonab Castle Hotel Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.2%, this is a similar level of debt than the average (75.4%)
72.2% - Fonab Castle Hotel Ltd
75.4% - Industry AVG
FONAB CASTLE HOTEL LTD financials
Fonab Castle Hotel Ltd's latest turnover from December 2022 is estimated at £7 million and the company has net assets of £1.9 million. According to their latest financial statements, Fonab Castle Hotel Ltd has 111 employees and maintains cash reserves of £284.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Jan 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,471,622 | ||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 2,408,675 | ||||||||||
| Gross Profit | 1,062,947 | ||||||||||
| Admin Expenses | 1,321,290 | ||||||||||
| Operating Profit | -258,343 | ||||||||||
| Interest Payable | 43,242 | ||||||||||
| Interest Receivable | 661 | ||||||||||
| Pre-Tax Profit | -300,924 | ||||||||||
| Tax | 47,623 | ||||||||||
| Profit After Tax | -253,301 | ||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | -253,301 | ||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 111 | 88 | 88 | 83 | 87 | 84 | 76 | ||||
| EBITDA* | -97,714 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Jan 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,446,874 | 3,411,741 | 3,359,028 | 1,940,542 | 1,770,236 | 1,604,528 | 88,887 | 119,150 | 139,776 | 128,742 | |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 3,446,874 | 3,411,741 | 3,359,028 | 1,940,542 | 1,770,236 | 1,604,528 | 88,887 | 119,150 | 139,776 | 128,742 | |
| Stock & work in progress | 120,262 | 100,402 | 48,073 | 44,394 | 44,516 | 42,297 | 49,149 | 33,391 | 33,989 | 32,066 | |
| Trade Debtors | 230,799 | 1,105 | 39,708 | 61,338 | |||||||
| Group Debtors | 7,254 | ||||||||||
| Misc Debtors | 455,637 | 219,823 | 273,949 | 155,260 | 445,960 | 84,105 | 85,321 | 150,232 | |||
| Cash | 284,099 | 1,133,656 | 581,412 | 1,143,639 | 918,856 | 853,662 | 1,200,086 | 302,093 | 208,359 | 68,579 | |
| misc current assets | |||||||||||
| total current assets | 1,098,051 | 1,454,986 | 903,434 | 1,343,293 | 1,409,332 | 980,064 | 1,334,556 | 485,716 | 282,056 | 161,983 | |
| total assets | 4,544,925 | 4,866,727 | 4,262,462 | 3,283,835 | 3,179,568 | 2,584,592 | 1,423,443 | 604,866 | 421,832 | 290,725 | |
| Bank overdraft | 435,671 | 181,357 | 136,309 | 131,046 | |||||||
| Bank loan | 422,472 | ||||||||||
| Trade Creditors | 564,979 | 163,668 | 409,615 | 108,009 | 215,520 | 278,209 | 677,015 | 418,861 | 622,972 | 292,394 | |
| Group/Directors Accounts | 626,979 | 13,209 | 889 | 144 | |||||||
| other short term finances | 212,474 | ||||||||||
| hp & lease commitments | 18,256 | 207,071 | 39,969 | 210,068 | 236,675 | 24,560 | |||||
| other current liabilities | 837,004 | 762,350 | 224,303 | 209,053 | 550,978 | 461,993 | 294,637 | 314,590 | |||
| total current liabilities | 2,047,218 | 1,555,561 | 1,122,767 | 709,376 | 1,139,482 | 895,952 | 1,184,126 | 733,451 | 622,972 | 292,394 | |
| loans | 1,352,769 | 1,534,571 | 1,398,712 | 606,923 | 743,231 | ||||||
| hp & lease commitments | 77,742 | 269,637 | 236,675 | ||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 148,745 | 143,235 | |||||||||
| provisions | 619,054 | 526,752 | 433,558 | 61,199 | 24,314 | 16,883 | 16,889 | ||||
| total long term liabilities | 619,054 | 1,957,263 | 2,237,766 | 1,459,911 | 631,237 | 996,789 | 16,889 | 148,745 | 143,235 | ||
| total liabilities | 2,666,272 | 3,512,824 | 3,360,533 | 2,169,287 | 1,770,719 | 1,892,741 | 1,201,015 | 733,451 | 771,717 | 435,629 | |
| net assets | 1,878,653 | 1,353,903 | 901,929 | 1,114,548 | 1,408,849 | 691,851 | 222,428 | -128,585 | -349,885 | -144,904 | |
| total shareholders funds | 1,878,653 | 1,353,903 | 901,929 | 1,114,548 | 1,408,849 | 691,851 | 222,428 | -128,585 | -349,885 | -144,904 |
| Dec 2022 | Jan 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -258,343 | ||||||||||
| Depreciation | 23,766 | 138,347 | 237,214 | 160,629 | 7,180 | 35,896 | 30,263 | 34,056 | 36,472 | 29,377 | |
| Amortisation | |||||||||||
| Tax | 47,623 | ||||||||||
| Stock | 72,189 | 52,329 | 3,679 | -122 | 2,219 | -6,852 | 15,758 | -598 | 1,923 | 32,066 | |
| Debtors | 419,741 | -53,021 | 118,689 | -290,700 | 361,855 | -1,216 | -64,911 | 110,524 | -21,630 | 61,338 | |
| Creditors | 155,364 | -245,947 | 301,606 | -107,511 | -62,689 | -398,806 | 258,154 | -204,111 | 330,578 | 292,394 | |
| Accruals and Deferred Income | 612,701 | 538,047 | 15,250 | -341,925 | 88,985 | 167,356 | -19,953 | 314,590 | |||
| Deferred Taxes & Provisions | 185,496 | 93,194 | 372,359 | 36,885 | 7,431 | -6 | 16,889 | ||||
| Cash flow from operations | -171,820 | ||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 422,472 | ||||||||||
| Group/Directors Accounts | 613,770 | -13,209 | 12,320 | 889 | -144 | 144 | |||||
| Other Short Term Loans | -212,474 | 212,474 | |||||||||
| Long term loans | -1,534,571 | -181,802 | 135,859 | 791,789 | -136,308 | 743,231 | |||||
| Hire Purchase and Lease Commitments | -291,350 | -24,793 | 99,538 | -26,607 | -24,560 | 261,235 | |||||
| other long term liabilities | -148,745 | 5,510 | 143,235 | ||||||||
| share issue | |||||||||||
| interest | -42,581 | ||||||||||
| cash flow from financing | 682,490 | ||||||||||
| cash and cash equivalents | |||||||||||
| cash | -297,313 | 552,244 | -562,227 | 224,783 | 65,194 | -346,424 | 897,993 | 93,734 | 139,780 | 68,579 | |
| overdraft | -435,671 | -435,671 | 254,314 | 45,048 | 5,263 | 131,046 | |||||
| change in cash | 138,358 | 987,915 | -816,541 | 179,735 | 59,931 | -477,470 | 897,993 | 93,734 | 139,780 | 68,579 |
fonab castle hotel ltd Credit Report and Business Information
Fonab Castle Hotel Ltd Competitor Analysis
Perform a competitor analysis for fonab castle hotel ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in BA2 area or any other competitors across 12 key performance metrics.
fonab castle hotel ltd Ownership
FONAB CASTLE HOTEL LTD group structure
Fonab Castle Hotel Ltd has no subsidiary companies.
Ultimate parent company
BLANTYRE SPECIAL SITUATIONS FUND II ICAV
#0165694
2 parents
FONAB CASTLE HOTEL LTD
08275224
fonab castle hotel ltd directors
Fonab Castle Hotel Ltd currently has 2 directors. The longest serving directors include Mr Nicholas Ross (Feb 2022) and Mr Jan Bester (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Ross | England | 44 years | Feb 2022 | - | Director |
| Mr Jan Bester | United Kingdom | 41 years | Feb 2022 | - | Director |
P&L
December 2022turnover
7m
+210%
operating profit
1.3m
0%
gross margin
61.6%
+33.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.9m
+1.08%
total assets
4.5m
+0.07%
cash
284.1k
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
fonab castle hotel ltd company details
company number
08275224
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
October 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
2nd floor 10 bridge street, bath, somerset, BA2 4AS
Bank
-
Legal Advisor
-
fonab castle hotel ltd 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 3 charges/mortgages relating to fonab castle hotel ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
fonab castle hotel ltd 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 FONAB CASTLE HOTEL LTD. This can take several minutes, an email will notify you when this has completed.
fonab castle hotel ltd Companies House Filings - See Documents
| date | description | view/download |
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