dorsett london hotel limited
dorsett london hotel limited Company Information
Company Number
08326276
Next Accounts
Dec 2024
Industry
Hotels and similar accommodation
Shareholders
dorsett hospitality (uk) ltd
Group Structure
View All
Contact
Registered Address
40-41 furnival street, london, EC4A 1JQ
Website
www.dorsetthotels.comdorsett london hotel limited Estimated Valuation
Pomanda estimates the enterprise value of DORSETT LONDON HOTEL LIMITED at £14.9m based on a Turnover of £11.5m and 1.3x industry multiple (adjusted for size and gross margin).
dorsett london hotel limited Estimated Valuation
Pomanda estimates the enterprise value of DORSETT LONDON HOTEL LIMITED at £6.9m based on an EBITDA of £1.3m and a 5.4x industry multiple (adjusted for size and gross margin).
dorsett london hotel limited Estimated Valuation
Pomanda estimates the enterprise value of DORSETT LONDON HOTEL LIMITED at £0 based on Net Assets of £-1.2m and 2.26x industry multiple (adjusted for liquidity).
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Dorsett London Hotel Limited Overview
Dorsett London Hotel Limited is a live company located in london, EC4A 1JQ with a Companies House number of 08326276. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 2012, it's largest shareholder is dorsett hospitality (uk) ltd with a 100% stake. Dorsett London Hotel Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.5m with healthy growth in recent years.
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Dorsett London Hotel Limited Health Check
Pomanda's financial health check has awarded Dorsett London Hotel Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £11.5m, make it larger than the average company (£4.5m)
£11.5m - Dorsett London Hotel Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (1.4%)
4% - Dorsett London Hotel Limited
1.4% - Industry AVG
Production
with a gross margin of 53.4%, this company has a comparable cost of product (62.6%)
53.4% - Dorsett London Hotel Limited
62.6% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (9.4%)
1.8% - Dorsett London Hotel Limited
9.4% - Industry AVG
Employees
with 68 employees, this is similar to the industry average (75)
68 - Dorsett London Hotel Limited
75 - Industry AVG
Pay Structure
on an average salary of £70.2k, the company has a higher pay structure (£21.8k)
£70.2k - Dorsett London Hotel Limited
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £168.7k, this is more efficient (£64.8k)
£168.7k - Dorsett London Hotel Limited
£64.8k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (8 days)
25 days - Dorsett London Hotel Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (49 days)
57 days - Dorsett London Hotel Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (8 days)
1 days - Dorsett London Hotel Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (8 weeks)
7 weeks - Dorsett London Hotel Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105%, this is a higher level of debt than the average (75.8%)
105% - Dorsett London Hotel Limited
75.8% - Industry AVG
DORSETT LONDON HOTEL LIMITED financials
Dorsett London Hotel Limited's latest turnover from March 2023 is £11.5 million and the company has net assets of -£1.2 million. According to their latest financial statements, Dorsett London Hotel Limited has 68 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,470,567 | 6,709,431 | 1,295,866 | 10,125,909 | 10,795,262 | 11,493,252 | 11,530,717 | 10,414,754 | 5,938,592 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 5,346,991 | 3,231,639 | 875,234 | 3,350,808 | 3,637,902 | 4,479,359 | 4,839,136 | 4,226,559 | 2,560,733 | 0 |
| Gross Profit | 6,123,576 | 3,477,792 | 420,632 | 6,775,101 | 7,157,360 | 7,013,893 | 6,691,581 | 6,188,195 | 3,377,859 | 0 |
| Admin Expenses | 5,922,412 | 3,759,472 | 1,961,987 | 5,227,030 | 5,614,697 | 6,313,750 | 6,166,325 | 5,259,390 | 4,340,011 | 478,154 |
| Operating Profit | 201,164 | -281,680 | -1,541,355 | 1,548,071 | 1,542,663 | 700,143 | 525,256 | 928,805 | -962,152 | -478,154 |
| Interest Payable | 477,682 | 499,746 | 521,891 | 480,598 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 29,856 | 33,630 | 37,329 | 40,896 | 898 | 1,998 | 1,385 | 1,091 | 5,991 | 0 |
| Pre-Tax Profit | -246,662 | -747,796 | -2,025,917 | 1,108,369 | 1,543,561 | 702,141 | 526,641 | 929,896 | -956,161 | -478,154 |
| Tax | -627,208 | 328,192 | 384,816 | -204,437 | -293,094 | -134,456 | -113,433 | 95,955 | 0 | 0 |
| Profit After Tax | -873,870 | -419,604 | -1,641,101 | 903,932 | 1,250,467 | 567,685 | 413,208 | 1,025,851 | -956,161 | -478,154 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -873,870 | -419,604 | -1,641,101 | 903,932 | 1,250,467 | 567,685 | 413,208 | 1,025,851 | -956,161 | -478,154 |
| Employee Costs | 4,770,866 | 2,376,912 | 1,227,690 | 2,638,194 | 2,969,687 | 3,254,232 | 3,665,142 | 3,382,571 | 2,643,724 | 395,984 |
| Number Of Employees | 68 | 50 | 60 | 73 | 72 | 104 | 104 | 98 | 109 | 20 |
| EBITDA* | 1,287,722 | 724,018 | -540,926 | 2,409,415 | 1,890,733 | 1,402,466 | 1,344,820 | 1,710,101 | -516,550 | -478,154 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 564,789 | 16,712,234 | 17,553,408 | 16,012,902 | 265,970 | 407,845 | 1,013,354 | 1,668,707 | 2,417,782 | 1,020,452 |
| Intangible Assets | 15,429,973 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 935,848 | 0 | 0 | 1,386,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 1,089,863 | 1,240,007 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,930,610 | 17,802,097 | 18,793,415 | 17,399,279 | 265,970 | 407,845 | 1,013,354 | 1,668,707 | 2,417,782 | 1,020,452 |
| Stock & work in progress | 18,540 | 17,688 | 13,418 | 21,902 | 17,200 | 22,267 | 38,640 | 26,711 | 70,279 | 0 |
| Trade Debtors | 805,602 | 285,903 | 176,869 | 392,263 | 733,388 | 902,843 | 533,316 | 540,123 | 411,990 | 0 |
| Group Debtors | 4,160,482 | 3,239,954 | 3,876,446 | 3,760,534 | 199,051 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 644,260 | 1,870,016 | 871,440 | 537,505 | 211,345 | 186,776 | 160,846 | 190,254 | 76,259 | 98,624 |
| Cash | 1,026,468 | 976,500 | 833,520 | 962,329 | 1,939,762 | 1,525,148 | 2,637,887 | 1,876,980 | 870,477 | 70,166 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,655,352 | 6,390,061 | 5,771,693 | 5,674,533 | 3,100,746 | 2,637,034 | 3,370,689 | 2,634,068 | 1,429,005 | 168,790 |
| total assets | 23,585,962 | 24,192,158 | 24,565,108 | 23,073,812 | 3,366,716 | 3,044,879 | 4,384,043 | 4,302,775 | 3,846,787 | 1,189,242 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 838,888 | 178,941 | 56,597 | 256,290 | 397,129 | 1,069,495 | 391,753 | 318,911 | 391,584 | 0 |
| Group/Directors Accounts | 4,909,873 | 4,798,771 | 3,743,926 | 1,649,046 | 219,908 | 1,023,354 | 3,194,147 | 3,759,376 | 4,361,736 | 1,648,595 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 900,400 | 877,767 | 855,702 | 1,035,987 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 750,394 | 376,002 | 650,835 | 671,275 | 926,782 | 379,600 | 793,398 | 632,951 | 527,781 | 18,800 |
| total current liabilities | 7,399,555 | 6,231,481 | 5,307,060 | 3,612,598 | 1,543,819 | 2,472,449 | 4,379,298 | 4,711,238 | 5,281,101 | 1,667,395 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 17,365,784 | 18,266,184 | 19,143,951 | 17,706,016 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,365,784 | 18,266,184 | 19,143,951 | 17,706,016 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 24,765,339 | 24,497,665 | 24,451,011 | 21,318,614 | 1,543,819 | 2,472,449 | 4,379,298 | 4,711,238 | 5,281,101 | 1,667,395 |
| net assets | -1,179,377 | -305,507 | 114,097 | 1,755,198 | 1,822,897 | 572,430 | 4,745 | -408,463 | -1,434,314 | -478,153 |
| total shareholders funds | -1,179,377 | -305,507 | 114,097 | 1,755,198 | 1,822,897 | 572,430 | 4,745 | -408,463 | -1,434,314 | -478,153 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 201,164 | -281,680 | -1,541,355 | 1,548,071 | 1,542,663 | 700,143 | 525,256 | 928,805 | -962,152 | -478,154 |
| Depreciation | 156,107 | 1,005,698 | 1,000,429 | 861,344 | 348,070 | 702,323 | 819,564 | 781,296 | 445,602 | |
| Amortisation | 930,451 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -627,208 | 328,192 | 384,816 | -204,437 | -293,094 | -134,456 | -113,433 | 95,955 | 0 | 0 |
| Stock | 852 | 4,270 | -8,484 | 4,702 | -5,067 | -16,373 | 11,929 | -43,568 | 70,279 | 0 |
| Debtors | -875,392 | 320,974 | 1,474,460 | 3,546,518 | 54,165 | 395,457 | -36,215 | 242,128 | 389,625 | 98,624 |
| Creditors | 659,947 | 122,344 | -199,693 | -140,839 | -672,366 | 677,742 | 72,842 | -72,673 | 391,584 | 0 |
| Accruals and Deferred Income | 374,392 | -274,833 | -20,440 | -255,507 | 547,182 | -413,798 | 160,447 | 105,170 | 508,981 | 18,800 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,569,393 | 574,477 | -1,842,219 | -1,742,588 | 1,423,357 | 1,152,870 | 1,488,962 | 1,639,993 | -75,889 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 935,848 | 0 | -1,386,377 | 1,386,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 111,102 | 1,054,845 | 2,094,880 | 1,429,138 | -803,446 | -2,170,793 | -565,229 | -602,360 | 2,713,141 | 1,648,595 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -877,767 | -855,702 | 1,257,650 | 18,742,003 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -447,826 | -466,116 | -484,562 | -439,702 | 898 | 1,998 | 1,385 | 1,091 | 5,991 | 0 |
| cash flow from financing | -1,214,491 | -266,973 | 2,867,968 | 18,759,808 | -802,548 | -2,168,795 | -563,844 | -601,269 | 2,719,132 | 1,648,596 |
| cash and cash equivalents | ||||||||||
| cash | 49,968 | 142,980 | -128,809 | -977,433 | 414,614 | -1,112,739 | 760,907 | 1,006,503 | 800,311 | 70,166 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 49,968 | 142,980 | -128,809 | -977,433 | 414,614 | -1,112,739 | 760,907 | 1,006,503 | 800,311 | 70,166 |
dorsett london hotel limited Credit Report and Business Information
Dorsett London Hotel Limited Competitor Analysis
Perform a competitor analysis for dorsett london hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in EC4A area or any other competitors across 12 key performance metrics.
dorsett london hotel limited Ownership
DORSETT LONDON HOTEL LIMITED group structure
Dorsett London Hotel Limited has no subsidiary companies.
Ultimate parent company
FAR EAST CONSORTIUM INTERNATIONAL LTD
#0093046
2 parents
DORSETT LONDON HOTEL LIMITED
08326276
dorsett london hotel limited directors
Dorsett London Hotel Limited currently has 2 directors. The longest serving directors include Wing Chiu (Dec 2012) and Mr Wai Lai (Dec 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Wing Chiu | England | 44 years | Dec 2012 | - | Director |
| Mr Wai Lai | England | 60 years | Dec 2012 | - | Director |
P&L
March 2023turnover
11.5m
+71%
operating profit
201.2k
-171%
gross margin
53.4%
+2.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-1.2m
+2.86%
total assets
23.6m
-0.03%
cash
1m
+0.05%
net assets
Total assets minus all liabilities
dorsett london hotel limited company details
company number
08326276
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 2012
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
40-41 furnival street, london, EC4A 1JQ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
dorsett london 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 found 4 charges/mortgages relating to dorsett london hotel limited. Currently there are 1 open charges and 3 have been satisfied in the past.
dorsett london 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.
Click to start generating capital raising & share issue transactions for DORSETT LONDON HOTEL LIMITED. This can take several minutes, an email will notify you when this has completed.
dorsett london hotel limited Companies House Filings - See Documents
| date | description | view/download |
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