newstay manchester limited
newstay manchester limited Company Information
Company Number
08391486
Website
-Registered Address
7 albemarle street, london, W1S 4HQ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
wne victoria limited 100%
newstay manchester limited Estimated Valuation
Pomanda estimates the enterprise value of NEWSTAY MANCHESTER LIMITED at £2.9m based on a Turnover of £1m and 2.88x industry multiple (adjusted for size and gross margin).
newstay manchester limited Estimated Valuation
Pomanda estimates the enterprise value of NEWSTAY MANCHESTER LIMITED at £6.4m based on an EBITDA of £981k and a 6.52x industry multiple (adjusted for size and gross margin).
newstay manchester limited Estimated Valuation
Pomanda estimates the enterprise value of NEWSTAY MANCHESTER LIMITED at £3.3m based on Net Assets of £2.1m and 1.58x industry multiple (adjusted for liquidity).
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Newstay Manchester Limited Overview
Newstay Manchester Limited is a live company located in london, W1S 4HQ with a Companies House number of 08391486. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2013, it's largest shareholder is wne victoria limited with a 100% stake. Newstay Manchester Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Newstay Manchester Limited Health Check
Pomanda's financial health check has awarded Newstay Manchester Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £1m, make it in line with the average company (£864.5k)
£1m - Newstay Manchester Limited
£864.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (1.3%)
-6% - Newstay Manchester Limited
1.3% - Industry AVG
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
70.1% - Newstay Manchester Limited
70.1% - Industry AVG
Profitability
an operating margin of 73.6% make it more profitable than the average company (34.4%)
73.6% - Newstay Manchester Limited
34.4% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
- Newstay Manchester Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Newstay Manchester Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £170.2k, this is equally as efficient (£188.8k)
- Newstay Manchester Limited
£188.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Newstay Manchester Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Newstay Manchester Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newstay Manchester Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Newstay Manchester Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86%, this is a higher level of debt than the average (69.8%)
86% - Newstay Manchester Limited
69.8% - Industry AVG
NEWSTAY MANCHESTER LIMITED financials
Newstay Manchester Limited's latest turnover from December 2022 is £1 million and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Newstay Manchester Limited has 6 employees and maintains cash reserves of £109 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,021,000 | 525,000 | 4,000 | 1,222,000 | 1,263,000 | 1,355,000 | 1,382,000 | 6,281,000 | 5,683,000 | 3,803,000 |
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 2,414,000 | 2,346,000 | 936,000 | |||||||
| Gross Profit | 3,867,000 | 3,337,000 | 2,867,000 | |||||||
| Admin Expenses | 3,096,000 | 2,812,000 | 2,285,000 | |||||||
| Operating Profit | 751,000 | 225,000 | -233,000 | 979,000 | 1,033,000 | 1,117,000 | 835,000 | 771,000 | 525,000 | 582,000 |
| Interest Payable | 497,000 | 511,000 | 368,000 | 354,000 | 354,000 | 400,000 | 455,000 | 476,000 | 550,000 | 380,000 |
| Interest Receivable | 146,000 | 156,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 400,000 | -130,000 | -601,000 | 625,000 | 679,000 | 717,000 | 380,000 | 295,000 | -25,000 | 202,000 |
| Tax | -66,000 | 22,000 | 65,000 | -23,000 | -49,000 | -57,000 | -163,000 | -153,000 | -13,000 | -7,000 |
| Profit After Tax | 334,000 | -108,000 | -536,000 | 602,000 | 630,000 | 660,000 | 217,000 | 142,000 | -38,000 | 195,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 550,000 | 0 | 0 | 0 |
| Retained Profit | 334,000 | -108,000 | -536,000 | 602,000 | 630,000 | 660,000 | -333,000 | 142,000 | -38,000 | 195,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,713,000 | 1,665,000 | 902,000 |
| Number Of Employees | 113 | 110 | 106 | |||||||
| EBITDA* | 981,000 | 451,000 | -3,000 | 1,209,000 | 1,262,000 | 1,346,000 | 835,000 | 1,835,000 | 1,365,000 | 1,004,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,332,000 | 10,562,000 | 10,788,000 | 11,018,000 | 11,247,000 | 11,476,000 | 11,706,000 | 21,099,000 | 17,700,000 | 13,453,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 304,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 62,000 | 1,390,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,636,000 | 10,624,000 | 12,178,000 | 11,018,000 | 11,247,000 | 11,476,000 | 11,706,000 | 21,099,000 | 17,700,000 | 13,453,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,000 | 45,000 | 36,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210,000 | 342,000 | 254,000 |
| Group Debtors | 4,010,000 | 3,740,000 | 1,153,000 | 1,167,000 | 0 | 289,000 | 626,000 | 0 | 0 | 11,000 |
| Misc Debtors | 48,000 | 49,000 | 0 | 0 | 892,000 | 58,000 | 0 | 99,000 | 124,000 | 128,000 |
| Cash | 109,000 | 305,000 | 27,000 | 88,000 | 4,000 | 9,000 | 0 | 1,646,000 | 428,000 | 2,644,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 24,000 | 0 |
| total current assets | 4,167,000 | 4,094,000 | 1,180,000 | 1,255,000 | 896,000 | 356,000 | 626,000 | 1,988,000 | 963,000 | 3,073,000 |
| total assets | 14,803,000 | 14,718,000 | 13,358,000 | 12,273,000 | 12,143,000 | 11,832,000 | 12,332,000 | 23,087,000 | 18,663,000 | 16,526,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 120,000 | 0 | 132,000 | 102,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 375,000 | 375,000 | 375,000 | 375,000 |
| Trade Creditors | 0 | 0 | 9,000 | 13,000 | 2,000 | 0 | 0 | 190,000 | 184,000 | 382,000 |
| Group/Directors Accounts | 12,715,000 | 13,203,000 | 7,000 | 0 | 500,000 | 25,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,000 | 83,000 | 48,000 | 40,000 | 27,000 | 17,000 | 376,000 | 1,213,000 | 691,000 | 962,000 |
| total current liabilities | 12,729,000 | 13,286,000 | 64,000 | 53,000 | 529,000 | 42,000 | 871,000 | 1,778,000 | 1,382,000 | 1,821,000 |
| loans | 0 | 0 | 11,754,000 | 10,111,000 | 10,111,000 | 10,111,000 | 10,452,000 | 11,544,000 | 11,895,000 | 12,183,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,286,000 | 1,364,000 | 1,442,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,000 | 0 | 0 | 33,000 | 29,000 | 22,000 | 12,000 | 1,235,000 | 559,000 | 7,000 |
| total long term liabilities | 4,000 | 0 | 11,754,000 | 10,144,000 | 10,140,000 | 10,133,000 | 10,464,000 | 14,065,000 | 13,818,000 | 13,632,000 |
| total liabilities | 12,733,000 | 13,286,000 | 11,818,000 | 10,197,000 | 10,669,000 | 10,175,000 | 11,335,000 | 15,843,000 | 15,200,000 | 15,453,000 |
| net assets | 2,070,000 | 1,432,000 | 1,540,000 | 2,076,000 | 1,474,000 | 1,657,000 | 997,000 | 7,244,000 | 3,463,000 | 1,073,000 |
| total shareholders funds | 2,070,000 | 1,432,000 | 1,540,000 | 2,076,000 | 1,474,000 | 1,657,000 | 997,000 | 7,244,000 | 3,463,000 | 1,073,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 751,000 | 225,000 | -233,000 | 979,000 | 1,033,000 | 1,117,000 | 835,000 | 771,000 | 525,000 | 582,000 |
| Depreciation | 230,000 | 226,000 | 230,000 | 230,000 | 229,000 | 229,000 | 1,064,000 | 840,000 | 422,000 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -66,000 | 22,000 | 65,000 | -23,000 | -49,000 | -57,000 | -163,000 | -153,000 | -13,000 | -7,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -28,000 | -17,000 | 9,000 | 36,000 |
| Debtors | 207,000 | 1,308,000 | 1,376,000 | 275,000 | 545,000 | -279,000 | 317,000 | -157,000 | 73,000 | 393,000 |
| Creditors | 0 | -9,000 | -4,000 | 11,000 | 2,000 | 0 | -190,000 | 6,000 | -198,000 | 382,000 |
| Accruals and Deferred Income | -69,000 | 35,000 | 8,000 | 13,000 | 10,000 | -359,000 | -2,123,000 | 444,000 | -349,000 | 2,404,000 |
| Deferred Taxes & Provisions | 4,000 | 0 | -33,000 | 4,000 | 7,000 | 10,000 | -1,223,000 | 676,000 | 552,000 | 7,000 |
| Cash flow from operations | 643,000 | -809,000 | -1,343,000 | 939,000 | 687,000 | 1,219,000 | 2,982,000 | 1,275,000 | 3,361,000 | |
| Investing Activities | ||||||||||
| capital expenditure | -138,000 | -2,168,000 | -13,837,000 | |||||||
| Change in Investments | 304,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -138,000 | -2,168,000 | -13,837,000 | |||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -375,000 | 0 | 0 | 0 | 375,000 |
| Group/Directors Accounts | -488,000 | 13,196,000 | 7,000 | -500,000 | 475,000 | 25,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -11,754,000 | 1,643,000 | 0 | 0 | -341,000 | -1,092,000 | -351,000 | -288,000 | 12,183,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -351,000 | -355,000 | -368,000 | -354,000 | -354,000 | -400,000 | -455,000 | -476,000 | -550,000 | -380,000 |
| cash flow from financing | -535,000 | 1,087,000 | 1,282,000 | -854,000 | -692,000 | -1,091,000 | -7,461,000 | 2,812,000 | 1,590,000 | 13,056,000 |
| cash and cash equivalents | ||||||||||
| cash | -196,000 | 278,000 | -61,000 | 84,000 | -5,000 | 9,000 | -1,646,000 | 1,218,000 | -2,216,000 | 2,644,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -120,000 | 120,000 | -132,000 | 30,000 | 102,000 |
| change in cash | -196,000 | 278,000 | -61,000 | 84,000 | -5,000 | 129,000 | -1,766,000 | 1,350,000 | -2,246,000 | 2,542,000 |
newstay manchester limited Credit Report and Business Information
Newstay Manchester Limited Competitor Analysis
Perform a competitor analysis for newstay manchester limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
newstay manchester limited Ownership
NEWSTAY MANCHESTER LIMITED group structure
Newstay Manchester Limited has 1 subsidiary company.
Ultimate parent company
WNE INVESTOR SARL
#0103816
2 parents
NEWSTAY MANCHESTER LIMITED
08391486
1 subsidiary
newstay manchester limited directors
Newstay Manchester Limited currently has 3 directors. The longest serving directors include Mr Ashley Krais (Jan 2019) and Mr Maqboolali Mohamed (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Krais | 61 years | Jan 2019 | - | Director | |
| Mr Maqboolali Mohamed | United Kingdom | 53 years | Feb 2023 | - | Director |
| Mr Maqboolali Mohamed | England | 53 years | Feb 2023 | - | Director |
P&L
December 2022turnover
1m
+94%
operating profit
751k
+234%
gross margin
70.1%
+2.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
+0.45%
total assets
14.8m
+0.01%
cash
109k
-0.64%
net assets
Total assets minus all liabilities
Similar Companies
newstay manchester limited company details
company number
08391486
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2013
age
11
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
7 albemarle street, london, W1S 4HQ
last accounts submitted
December 2022
newstay 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 newstay manchester limited. Currently there are 1 open charges and 3 have been satisfied in the past.
newstay manchester limited Companies House Filings - See Documents
| date | description | view/download |
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