staycity manchester limited
staycity manchester limited Company Information
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
staycity aparthotels, heathrow high, hayes, london, UB3 4FN
Website
www.staycity.comstaycity manchester limited Estimated Valuation
Pomanda estimates the enterprise value of STAYCITY MANCHESTER LIMITED at £1.4m based on a Turnover of £2.1m and 0.66x industry multiple (adjusted for size and gross margin).
staycity manchester limited Estimated Valuation
Pomanda estimates the enterprise value of STAYCITY MANCHESTER LIMITED at £529.1k based on an EBITDA of £200.9k and a 2.63x industry multiple (adjusted for size and gross margin).
staycity manchester limited Estimated Valuation
Pomanda estimates the enterprise value of STAYCITY MANCHESTER LIMITED at £0 based on Net Assets of £-52.4k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Staycity Manchester Limited Overview
Staycity Manchester Limited is a live company located in hayes, UB3 4FN with a Companies House number of 08314031. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2012, it's largest shareholder is staycity ltd with a 100% stake. Staycity Manchester Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Staycity Manchester Limited Health Check
Pomanda's financial health check has awarded Staycity Manchester Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£5.5m)
£2.1m - Staycity Manchester Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (12.1%)
-20% - Staycity Manchester Limited
12.1% - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (64.2%)
9.7% - Staycity Manchester Limited
64.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (8.2%)
0% - Staycity Manchester Limited
8.2% - Industry AVG
Employees
with 28 employees, this is below the industry average (81)
- Staycity Manchester Limited
81 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- Staycity Manchester Limited
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £74.3k, this is equally as efficient (£75.6k)
- Staycity Manchester Limited
£75.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Staycity Manchester Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Staycity Manchester Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Staycity Manchester Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (6 weeks)
2 weeks - Staycity Manchester Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.5%, this is a higher level of debt than the average (76.5%)
101.5% - Staycity Manchester Limited
76.5% - Industry AVG
STAYCITY MANCHESTER LIMITED financials
Staycity Manchester Limited's latest turnover from December 2023 is £2.1 million and the company has net assets of -£52.4 thousand. According to their latest financial statements, we estimate that Staycity Manchester Limited has 28 employees and maintains cash reserves of £139.3 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,081,288 | 7,485,127 | 5,640,279 | 4,024,248 | 7,183,542 | 6,662,705 | 3,802,473 | ||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 1,879,021 | 4,372,415 | 3,384,601 | 3,367,221 | 4,622,553 | 4,648,577 | 2,291,663 | ||||
| Gross Profit | 202,267 | 3,112,712 | 2,255,678 | 657,027 | 2,560,989 | 2,014,128 | 1,510,810 | ||||
| Admin Expenses | 202,265 | 2,738,458 | 2,199,272 | ||||||||
| Operating Profit | 2 | 374,254 | 56,406 | ||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 2 | 239,553 | 56,406 | 3,637 | 1,396,662 | 705,197 | 767,510 | -4,439 | |||
| Tax | -82,812 | -58,644 | -38,013 | -54,351 | -140,396 | -187,024 | |||||
| Profit After Tax | -82,810 | 180,909 | 56,406 | -34,376 | 1,342,311 | 564,801 | 580,486 | -4,439 | |||
| Dividends Paid | |||||||||||
| Retained Profit | -82,810 | 180,909 | 56,406 | -34,376 | 1,342,311 | 564,801 | 580,486 | -4,439 | |||
| Employee Costs | |||||||||||
| Number Of Employees | 63 | 38 | 34 | 66 | 61 | 52 | |||||
| EBITDA* | 200,858 | 630,948 | 316,661 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 537,623 | 816,916 | 852,791 | 962,567 | 1,264,466 | 1,486,184 | 1,848,096 | 797,557 | |||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 537,623 | 816,916 | 852,791 | 962,567 | 1,264,466 | 1,486,184 | 1,848,096 | 797,557 | |||
| Stock & work in progress | 3,074 | 2,658 | 1,986 | 3,789 | 2,616 | 1,930 | |||||
| Trade Debtors | 457,391 | 484,042 | 186,040 | 463,234 | 139,916 | 120,905 | 100 | 100 | |||
| Group Debtors | 2,739,427 | 8,446,540 | 4,826,785 | 2,232,729 | 805,949 | 100 | 100 | ||||
| Misc Debtors | 69,895 | 150,991 | 282,086 | 213,491 | 311,715 | 270,861 | 11,260 | 131,323 | |||
| Cash | 139,336 | 233,879 | 535,127 | 475,464 | 443,141 | 681,394 | 396,748 | 8,601 | |||
| misc current assets | 7,586 | 103,257 | 340 | 7,114 | |||||||
| total current assets | 2,956,244 | 9,395,132 | 6,130,698 | 3,109,710 | 2,027,828 | 1,094,787 | 531,183 | 147,138 | 100 | 100 | 100 |
| total assets | 3,493,867 | 10,212,048 | 6,983,489 | 4,072,277 | 3,292,294 | 2,580,971 | 2,379,279 | 944,695 | 100 | 100 | 100 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 169,780 | 802,486 | 280,364 | 310,874 | 86,844 | ||||||
| Group/Directors Accounts | 3,300,956 | 5,734,661 | 3,091,746 | 264,858 | 706,389 | 891,205 | |||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 173,515 | 1,791,189 | 1,216,674 | 820,908 | 528,671 | 864,291 | 1,009,899 | 57,829 | |||
| total current liabilities | 3,474,471 | 7,525,850 | 4,478,200 | 1,623,394 | 809,035 | 1,440,023 | 1,803,132 | 949,034 | |||
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 71,804 | ||||||||||
| total long term liabilities | 71,804 | ||||||||||
| total liabilities | 3,546,275 | 7,525,850 | 4,478,200 | 1,623,394 | 809,035 | 1,440,023 | 1,803,132 | 949,034 | |||
| net assets | -52,408 | 2,686,198 | 2,505,289 | 2,448,883 | 2,483,259 | 1,140,948 | 576,147 | -4,339 | 100 | 100 | 100 |
| total shareholders funds | -52,408 | 2,686,198 | 2,505,289 | 2,448,883 | 2,483,259 | 1,140,948 | 576,147 | -4,339 | 100 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 2 | 374,254 | 56,406 | ||||||||
| Depreciation | 200,856 | 256,694 | 260,255 | 268,120 | 233,605 | 377,415 | 202,619 | ||||
| Amortisation | |||||||||||
| Tax | -82,812 | -58,644 | -38,013 | -54,351 | -140,396 | -187,024 | |||||
| Stock | -3,074 | 416 | 672 | -1,803 | 1,173 | 686 | 1,930 | ||||
| Debtors | -6,245,600 | 3,462,009 | 2,960,653 | 1,051,362 | 1,170,121 | 278,612 | 742 | 131,323 | 100 | ||
| Creditors | -169,780 | -632,706 | 522,122 | -30,510 | 224,030 | 86,844 | |||||
| Accruals and Deferred Income | -1,617,674 | 574,515 | 395,766 | 292,237 | -335,620 | -145,608 | 952,070 | 57,829 | |||
| Deferred Taxes & Provisions | 71,804 | ||||||||||
| Cash flow from operations | 4,820,850 | -2,485,386 | -2,881,604 | ||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -2,433,705 | 2,642,915 | 3,091,746 | -264,858 | -441,531 | -184,816 | 891,205 | ||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | -5,089,501 | 2,642,915 | 3,091,746 | -264,858 | -441,531 | -184,816 | 891,205 | ||||
| cash and cash equivalents | |||||||||||
| cash | -94,543 | -301,248 | 59,663 | 32,323 | -238,253 | 284,646 | 388,147 | 8,601 | |||
| overdraft | |||||||||||
| change in cash | -94,543 | -301,248 | 59,663 | 32,323 | -238,253 | 284,646 | 388,147 | 8,601 |
staycity manchester limited Credit Report and Business Information
Staycity Manchester Limited Competitor Analysis
Perform a competitor analysis for staycity manchester limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in UB3 area or any other competitors across 12 key performance metrics.
staycity manchester limited Ownership
STAYCITY MANCHESTER LIMITED group structure
Staycity Manchester Limited has no subsidiary companies.
Ultimate parent company
STAYCITY INVESTMENTS HOLDINGS LIMITED
IE560197
STAYCITY LIMITED
IE436071
2 parents
STAYCITY MANCHESTER LIMITED
08314031
staycity manchester limited directors
Staycity Manchester Limited currently has 2 directors. The longest serving directors include Mr Tom Walsh (Dec 2012) and Mr Wayne Arthur (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tom Walsh | England | 57 years | Dec 2012 | - | Director |
| Mr Wayne Arthur | United Kingdom | 50 years | Feb 2019 | - | Director |
P&L
December 2023turnover
2.1m
-72%
operating profit
2
-100%
gross margin
9.8%
-76.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-52.4k
-1.02%
total assets
3.5m
-0.66%
cash
139.3k
-0.4%
net assets
Total assets minus all liabilities
staycity manchester limited company details
company number
08314031
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
November 2012
age
13
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
staycity manchester mason street limited (April 2014)
accountant
-
auditor
MCINERNEY SAUNDERS AUDIT LIMITED
address
staycity aparthotels, heathrow high, hayes, london, UB3 4FN
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
ADDLESHAW GODDARD
staycity manchester 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 4 charges/mortgages relating to staycity manchester limited. Currently there are 3 open charges and 1 have been satisfied in the past.
staycity manchester 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 STAYCITY MANCHESTER LIMITED. This can take several minutes, an email will notify you when this has completed.
staycity manchester limited Companies House Filings - See Documents
| date | description | view/download |
|---|
