tower hotel management limited
tower hotel management limited Company Information
Company Number
08546447
Next Accounts
Dec 2025
Shareholders
peel leisure management holdings ltd
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
venus building 1 old park lane, traffordcity, manchester, M41 7HA
tower hotel management limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER HOTEL MANAGEMENT LIMITED at £1.2m based on a Turnover of £1m and 1.11x industry multiple (adjusted for size and gross margin).
tower hotel management limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER HOTEL MANAGEMENT LIMITED at £932.4k based on an EBITDA of £210.3k and a 4.43x industry multiple (adjusted for size and gross margin).
tower hotel management limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER HOTEL MANAGEMENT LIMITED at £0 based on Net Assets of £-1m and 2.09x industry multiple (adjusted for liquidity).
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Tower Hotel Management Limited Overview
Tower Hotel Management Limited is a live company located in manchester, M41 7HA with a Companies House number of 08546447. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2013, it's largest shareholder is peel leisure management holdings ltd with a 100% stake. Tower Hotel Management Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
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Tower Hotel Management Limited Health Check
Pomanda's financial health check has awarded Tower Hotel Management Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1m, make it smaller than the average company (£5.3m)
£1m - Tower Hotel Management Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a slower rate (31.2%)
24% - Tower Hotel Management Limited
31.2% - Industry AVG
Production
with a gross margin of 64.7%, this company has a comparable cost of product (64.7%)
64.7% - Tower Hotel Management Limited
64.7% - Industry AVG
Profitability
an operating margin of 20% make it more profitable than the average company (8.2%)
20% - Tower Hotel Management Limited
8.2% - Industry AVG
Employees
with 14 employees, this is below the industry average (87)
14 - Tower Hotel Management Limited
87 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has a higher pay structure (£23.5k)
£44.4k - Tower Hotel Management Limited
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £74.9k, this is equally as efficient (£68.6k)
£74.9k - Tower Hotel Management Limited
£68.6k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (6 days)
25 days - Tower Hotel Management Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (45 days)
0 days - Tower Hotel Management Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tower Hotel Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (6 weeks)
10 weeks - Tower Hotel Management Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 351.2%, this is a higher level of debt than the average (72.3%)
351.2% - Tower Hotel Management Limited
72.3% - Industry AVG
TOWER HOTEL MANAGEMENT LIMITED financials
Tower Hotel Management Limited's latest turnover from March 2024 is £1 million and the company has net assets of -£1 million. According to their latest financial statements, Tower Hotel Management Limited has 14 employees and maintains cash reserves of £284.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,049,037 | 1,005,214 | 836,849 | 544,186 | 342,964 | 249,078 | 268,143 | 143,200 | 100,514 | 60,000 | |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 2,970 | 4,200 | |||||||||
| Gross Profit | 265,173 | 139,000 | 100,514 | ||||||||
| Admin Expenses | 29,432 | ||||||||||
| Operating Profit | 210,263 | 257,389 | 141,688 | -329,856 | 71,082 | 2,842 | |||||
| Interest Payable | 94,817 | 72,571 | 47,292 | 26,638 | 20,076 | 1,279 | 76 | 66 | |||
| Interest Receivable | 6,116 | 2,156 | 425 | ||||||||
| Pre-Tax Profit | 115,446 | 184,818 | 94,396 | -356,494 | -728,278 | -759,497 | 244,290 | 105,670 | 71,507 | 2,842 | -15 |
| Tax | -30,065 | -35,855 | -34,187 | 15,106 | 302 | 142,690 | -46,424 | -21,489 | -13,946 | -597 | |
| Profit After Tax | 85,381 | 148,963 | 60,209 | -341,388 | -727,976 | -616,807 | 197,866 | 84,181 | 57,561 | 2,245 | -15 |
| Dividends Paid | |||||||||||
| Retained Profit | 85,381 | 148,963 | 60,209 | -341,388 | -727,976 | -616,807 | 197,866 | 84,181 | 57,561 | 2,245 | -15 |
| Employee Costs | 621,974 | 533,617 | 501,791 | 315,456 | |||||||
| Number Of Employees | 14 | 13 | 11 | 5 | 3 | 5 | |||||
| EBITDA* | 210,263 | 257,389 | 141,688 | -329,856 | 71,082 | 2,842 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | |||||||||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 73,358 | 47,372 | 73,435 | 74,650 | 22,948 | 26,457 | 48,673 | 15,000 | 15,000 | ||
| Group Debtors | 19,332 | 40,231 | 55,420 | 100,895 | 7,100 | 74,442 | 311,597 | 125,970 | 60,411 | 10,645 | |
| Misc Debtors | 40,932 | 34,921 | 41,914 | 43,131 | 89,453 | 24,702 | 10,232 | 2,284 | 1,779 | 114 | |
| Cash | 284,365 | 365,697 | 194,379 | 21,318 | 34,323 | 41,297 | 12,330 | 2,743 | |||
| misc current assets | |||||||||||
| total current assets | 417,987 | 488,221 | 365,148 | 239,994 | 119,501 | 125,601 | 404,825 | 184,551 | 89,520 | 13,502 | |
| total assets | 417,987 | 488,221 | 365,148 | 239,994 | 119,501 | 125,601 | 404,825 | 184,551 | 89,520 | 13,502 | |
| Bank overdraft | 479,912 | 8,392 | |||||||||
| Bank loan | |||||||||||
| Trade Creditors | 478 | 7,302 | 23,683 | 126 | 3,900 | ||||||
| Group/Directors Accounts | 1,333,313 | 1,508,618 | 1,501,999 | 1,509,886 | 597,665 | 354,197 | 48,925 | 22,815 | 14,799 | 597 | 14 |
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 133,975 | 107,460 | 123,588 | 74,440 | 44,742 | 37,980 | 14,061 | 17,763 | 14,929 | 6,774 | |
| total current liabilities | 1,467,766 | 1,623,380 | 1,649,270 | 1,584,326 | 1,122,445 | 400,569 | 62,986 | 40,578 | 29,728 | 11,271 | 14 |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 1,467,766 | 1,623,380 | 1,649,270 | 1,584,326 | 1,122,445 | 400,569 | 62,986 | 40,578 | 29,728 | 11,271 | 14 |
| net assets | -1,049,779 | -1,135,159 | -1,284,122 | -1,344,332 | -1,002,944 | -274,968 | 341,839 | 143,973 | 59,792 | 2,231 | -14 |
| total shareholders funds | -1,049,779 | -1,135,159 | -1,284,122 | -1,344,332 | -1,002,944 | -274,968 | 341,839 | 143,973 | 59,792 | 2,231 | -14 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 210,263 | 257,389 | 141,688 | -329,856 | 71,082 | 2,842 | |||||
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | -30,065 | -35,855 | -34,187 | 15,106 | 302 | 142,690 | -46,424 | -21,489 | -13,946 | -597 | |
| Stock | |||||||||||
| Debtors | 11,098 | -48,245 | -47,907 | 99,175 | -6,100 | -244,901 | 227,248 | 66,064 | 66,431 | 10,759 | |
| Creditors | -6,824 | -16,381 | 23,683 | -126 | 126 | -3,900 | 3,900 | ||||
| Accruals and Deferred Income | 26,515 | -16,128 | 49,148 | 29,698 | 6,762 | 23,919 | -3,702 | 2,834 | 8,155 | 6,774 | |
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | 188,791 | 237,270 | 228,239 | -384,353 | -5,040 | 2,160 | |||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -175,305 | 6,619 | -7,887 | 912,221 | 243,468 | 305,272 | 26,110 | 8,016 | 14,202 | 583 | 14 |
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -94,817 | -72,571 | -47,292 | -26,638 | -20,076 | -1,279 | 6,040 | 2,090 | 425 | ||
| cash flow from financing | -270,123 | -65,952 | -55,178 | 885,583 | 223,392 | 303,993 | 32,150 | 10,106 | 14,627 | 583 | 15 |
| cash and cash equivalents | |||||||||||
| cash | -81,332 | 171,318 | 173,061 | 21,318 | -34,323 | -6,974 | 28,967 | 9,587 | 2,743 | ||
| overdraft | -479,912 | 471,520 | 8,392 | ||||||||
| change in cash | -81,332 | 171,318 | 173,061 | 501,230 | -471,520 | -42,715 | -6,974 | 28,967 | 9,587 | 2,743 |
tower hotel management limited Credit Report and Business Information
Tower Hotel Management Limited Competitor Analysis
Perform a competitor analysis for tower hotel management limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in M41 area or any other competitors across 12 key performance metrics.
tower hotel management limited Ownership
TOWER HOTEL MANAGEMENT LIMITED group structure
Tower Hotel Management Limited has no subsidiary companies.
Ultimate parent company
TOKENHOUSE LTD
#0069457
2 parents
TOWER HOTEL MANAGEMENT LIMITED
08546447
tower hotel management limited directors
Tower Hotel Management Limited currently has 3 directors. The longest serving directors include Mr John Whittaker (May 2013) and Ms Ruth Woodhead (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Whittaker | Isle Of Man | 83 years | May 2013 | - | Director |
| Ms Ruth Woodhead | England | 57 years | Oct 2019 | - | Director |
| Mr John Whittaker | England | 42 years | Feb 2021 | - | Director |
P&L
March 2024turnover
1m
+4%
operating profit
210.3k
-18%
gross margin
64.7%
+1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1m
-0.08%
total assets
418k
-0.14%
cash
284.4k
-0.22%
net assets
Total assets minus all liabilities
tower hotel management limited company details
company number
08546447
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
peel leisure management limited (October 2014)
accountant
-
auditor
DELOITTE LLP
address
venus building 1 old park lane, traffordcity, manchester, M41 7HA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
tower hotel management 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 did not find charges/mortgages relating to tower hotel management limited.
tower hotel management 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 TOWER HOTEL MANAGEMENT LIMITED. This can take several minutes, an email will notify you when this has completed.
tower hotel management limited Companies House Filings - See Documents
| date | description | view/download |
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