mayfair casino limited
mayfair casino limited Company Information
Company Number
08364851
Website
www.mayfair-casino.co.ukRegistered Address
one st peter's square, manchester, united kingdom, M2 3DE
Industry
Combined office administrative service activities
Telephone
01202944591
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
vanthan huot 100%
mayfair casino limited Estimated Valuation
Pomanda estimates the enterprise value of MAYFAIR CASINO LIMITED at £12m based on a Turnover of £16.4m and 0.73x industry multiple (adjusted for size and gross margin).
mayfair casino limited Estimated Valuation
Pomanda estimates the enterprise value of MAYFAIR CASINO LIMITED at £0 based on an EBITDA of £-981.5k and a 5.8x industry multiple (adjusted for size and gross margin).
mayfair casino limited Estimated Valuation
Pomanda estimates the enterprise value of MAYFAIR CASINO LIMITED at £0 based on Net Assets of £-24.5m and 0.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mayfair Casino Limited Overview
Mayfair Casino Limited is a live company located in united kingdom, M2 3DE with a Companies House number of 08364851. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in January 2013, it's largest shareholder is vanthan huot with a 100% stake. Mayfair Casino Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.4m with healthy growth in recent years.
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Mayfair Casino Limited Health Check
Pomanda's financial health check has awarded Mayfair Casino Limited a 4.5 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
7 Strong
2 Regular
3 Weak
Size
annual sales of £16.4m, make it larger than the average company (£1.8m)
£16.4m - Mayfair Casino Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (3.8%)
11% - Mayfair Casino Limited
3.8% - Industry AVG
Production
with a gross margin of 76.8%, this company has a lower cost of product (50.1%)
76.8% - Mayfair Casino Limited
50.1% - Industry AVG
Profitability
an operating margin of -35.9% make it less profitable than the average company (3.1%)
-35.9% - Mayfair Casino Limited
3.1% - Industry AVG
Employees
with 171 employees, this is above the industry average (14)
171 - Mayfair Casino Limited
14 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£47.2k)
£38.8k - Mayfair Casino Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £96.1k, this is equally as efficient (£106.6k)
£96.1k - Mayfair Casino Limited
£106.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (32 days)
0 days - Mayfair Casino Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (28 days)
62 days - Mayfair Casino Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (21 days)
3 days - Mayfair Casino Limited
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (23 weeks)
4 weeks - Mayfair Casino Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 139.5%, this is a higher level of debt than the average (55.6%)
139.5% - Mayfair Casino Limited
55.6% - Industry AVG
MAYFAIR CASINO LIMITED financials
Mayfair Casino Limited's latest turnover from December 2022 is £16.4 million and the company has net assets of -£24.5 million. According to their latest financial statements, Mayfair Casino Limited has 171 employees and maintains cash reserves of £6.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,439,140 | 7,584,034 | 2,927,672 | 12,181,133 | 6,450,935 | 0 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 3,817,995 | 1,743,964 | 843,164 | 3,100,267 | 1,669,819 | 0 | ||||
| Gross Profit | 12,621,145 | 5,840,070 | 2,084,508 | 9,080,866 | 4,781,116 | 0 | ||||
| Admin Expenses | 18,525,431 | 10,248,844 | 8,997,601 | 12,673,413 | 6,504,914 | 88,304 | ||||
| Operating Profit | -5,904,286 | -4,408,774 | -6,913,093 | -3,592,547 | -1,723,798 | -88,304 | ||||
| Interest Payable | 8,256 | 273 | 0 | 2,276 | 7,982 | 0 | ||||
| Interest Receivable | 0 | 1,220 | 3,898 | 5,031 | 4,453 | 0 | ||||
| Pre-Tax Profit | -5,912,542 | -4,407,827 | -6,909,195 | -3,589,792 | -1,727,327 | -88,304 | ||||
| Tax | -784,293 | -210,461 | -439,486 | -604,601 | 166,430 | 0 | ||||
| Profit After Tax | -6,696,835 | -4,618,288 | -7,348,681 | -4,194,393 | -1,560,897 | -88,304 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -6,696,835 | -4,618,288 | -7,348,681 | -4,194,393 | -1,560,897 | -88,304 | ||||
| Employee Costs | 6,633,575 | 3,905,986 | 5,049,424 | 5,790,640 | 4,113,685 | 0 | ||||
| Number Of Employees | 171 | 114 | 173 | 200 | 180 | 2 | ||||
| EBITDA* | -981,543 | -2,040,358 | -4,614,405 | -692,014 | -1,146,802 | -88,304 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,516,990 | 15,527,464 | 11,997,883 | 2,512,339 | 863,780 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 39,341,352 | 41,421,026 | 43,443,835 | 45,475,080 | 23,749,212 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 330,000 | 330,000 | 330,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 53,188,342 | 57,278,490 | 55,771,718 | 47,987,419 | 24,612,992 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 40,762 | 16,235 | 15,518 | 14,750 | 14,750 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 805 | 336,427 | 79,553 | 7,837 | 1,800 | 0 | 2 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,095,785 | 2,538,727 | 1,324,465 | 1,238,778 | 1,076,095 | 60,756 | 0 | 0 | 0 | 0 |
| Cash | 6,644,651 | 4,331,368 | 3,933,992 | 7,960,855 | 18,318,914 | 4,959,246 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,782,003 | 7,222,757 | 5,353,528 | 9,222,220 | 19,411,559 | 5,020,002 | 2 | 0 | 0 | 0 |
| total assets | 61,970,345 | 64,501,247 | 61,125,246 | 57,209,639 | 44,024,551 | 5,020,002 | 2 | 0 | 0 | 0 |
| Bank overdraft | 462,452 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 656,107 | 599,882 | 841,285 | 125,794 | 195,681 | 7,469 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 74,874,015 | 72,174,015 | 65,518,518 | 55,210,000 | 40,112,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,888,807 | 2,725,843 | 1,290,536 | 1,595,316 | 953,393 | 835 | 0 | 0 | 0 | 0 |
| total current liabilities | 78,881,381 | 75,499,740 | 67,650,339 | 56,931,110 | 41,261,074 | 8,304 | 0 | 0 | 0 | 0 |
| loans | 40,000 | 40,000 | 40,000 | 0 | 210,000 | 5,100,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 65,573 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,556,360 | 6,772,068 | 6,561,607 | 6,122,121 | 4,202,676 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,596,360 | 6,812,068 | 6,667,180 | 6,122,121 | 4,412,676 | 5,100,000 | 0 | 0 | 0 | 0 |
| total liabilities | 86,477,741 | 82,311,808 | 74,317,519 | 63,053,231 | 45,673,750 | 5,108,304 | 0 | 0 | 0 | 0 |
| net assets | -24,507,396 | -17,810,561 | -13,192,273 | -5,843,592 | -1,649,199 | -88,302 | 2 | 0 | 0 | 0 |
| total shareholders funds | -24,507,396 | -17,810,561 | -13,192,273 | -5,843,592 | -1,649,199 | -88,302 | 2 | 0 | 0 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -5,904,286 | -4,408,774 | -6,913,093 | -3,592,547 | -1,723,798 | -88,304 | ||||
| Depreciation | 2,843,069 | 306,255 | 236,528 | 222,031 | 150,612 | 0 | 0 | |||
| Amortisation | 2,079,674 | 2,062,161 | 2,062,160 | 2,678,502 | 426,384 | 0 | 0 | |||
| Tax | -784,293 | -210,461 | -439,486 | -604,601 | 166,430 | 0 | ||||
| Stock | 24,527 | 717 | 768 | 0 | 14,750 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -778,564 | 1,471,136 | 487,403 | 168,720 | 1,077,893 | 60,754 | 2 | 0 | 0 | 0 |
| Creditors | 56,225 | -241,403 | 715,491 | -69,887 | 195,681 | 7,469 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 162,964 | 1,435,307 | -304,780 | 641,923 | 953,393 | 835 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 784,292 | 210,461 | 439,486 | 1,919,445 | 4,202,676 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,318 | -2,318,307 | -4,691,865 | 1,026,146 | 3,278,735 | -140,754 | ||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -20,631,913 | 0 | ||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -20,631,913 | 0 | ||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 2,700,000 | 6,655,497 | 10,308,518 | 15,098,000 | 40,112,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 40,000 | -210,000 | 210,000 | 5,100,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -65,573 | 65,573 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -8,256 | 947 | 3,898 | 2,755 | -3,529 | 0 | ||||
| cash flow from financing | 2,691,744 | 6,590,871 | 10,417,989 | 14,890,755 | 40,230,167 | 5,100,000 | ||||
| cash and cash equivalents | ||||||||||
| cash | 2,313,283 | 397,376 | -4,026,863 | -10,358,059 | 18,318,914 | 4,959,246 | 0 | 0 | 0 | 0 |
| overdraft | 462,452 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,850,831 | 397,376 | -4,026,863 | -10,358,059 | 18,318,914 | 4,959,246 | 0 | 0 | 0 | 0 |
mayfair casino limited Credit Report and Business Information
Mayfair Casino Limited Competitor Analysis
Perform a competitor analysis for mayfair casino limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in M 2 area or any other competitors across 12 key performance metrics.
mayfair casino limited Ownership
MAYFAIR CASINO LIMITED group structure
Mayfair Casino Limited has 3 subsidiary companies.
Ultimate parent company
MAYFAIR CASINO LIMITED
08364851
3 subsidiaries
mayfair casino limited directors
Mayfair Casino Limited currently has 2 directors. The longest serving directors include Mr Vanthan Huot (Jan 2013) and Mr Jeremy Cummins (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vanthan Huot | United Kingdom | 83 years | Jan 2013 | - | Director |
| Mr Jeremy Cummins | United Kingdom | 67 years | Feb 2023 | - | Director |
P&L
December 2022turnover
16.4m
+117%
operating profit
-5.9m
+34%
gross margin
76.8%
-0.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-24.5m
+0.38%
total assets
62m
-0.04%
cash
6.6m
+0.53%
net assets
Total assets minus all liabilities
mayfair casino limited company details
company number
08364851
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
January 2013
age
11
incorporated
UK
accounts
Group
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
one st peter's square, manchester, united kingdom, M2 3DE
accountant
-
auditor
HAINES WATTS
mayfair casino 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 1 charges/mortgages relating to mayfair casino limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mayfair casino limited Companies House Filings - See Documents
| date | description | view/download |
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