curo hotels (west campbell) limited

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curo hotels (west campbell) limited Company Information

Share CURO HOTELS (WEST CAMPBELL) LIMITED

Company Number

08719456

Shareholders

evolve hospitality (glasgow) limited

Group Structure

View All

Industry

Hotels and similar accommodation

 

Registered Address

office 1 21 hatherton street, walsall, WS4 2LA

Website

-

curo hotels (west campbell) limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of CURO HOTELS (WEST CAMPBELL) LIMITED at £1.5m based on a Turnover of £1.3m and 1.15x industry multiple (adjusted for size and gross margin).

curo hotels (west campbell) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CURO HOTELS (WEST CAMPBELL) LIMITED at £0 based on an EBITDA of £-144.1k and a 4.59x industry multiple (adjusted for size and gross margin).

curo hotels (west campbell) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CURO HOTELS (WEST CAMPBELL) LIMITED at £0 based on Net Assets of £-368.6k and 2.09x industry multiple (adjusted for liquidity).

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Curo Hotels (west Campbell) Limited Overview

Curo Hotels (west Campbell) Limited is a live company located in walsall, WS4 2LA with a Companies House number of 08719456. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in October 2013, it's largest shareholder is evolve hospitality (glasgow) limited with a 100% stake. Curo Hotels (west Campbell) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Curo Hotels (west Campbell) Limited Health Check

Pomanda's financial health check has awarded Curo Hotels (West Campbell) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£5.2m)

£1.3m - Curo Hotels (west Campbell) Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (4.5%)

-52% - Curo Hotels (west Campbell) Limited

4.5% - Industry AVG

production

Production

with a gross margin of 64.5%, this company has a comparable cost of product (64.5%)

64.5% - Curo Hotels (west Campbell) Limited

64.5% - Industry AVG

profitability

Profitability

an operating margin of -10.7% make it less profitable than the average company (8.5%)

-10.7% - Curo Hotels (west Campbell) Limited

8.5% - Industry AVG

employees

Employees

with 22 employees, this is below the industry average (80)

22 - Curo Hotels (west Campbell) Limited

80 - Industry AVG

paystructure

Pay Structure

on an average salary of £23k, the company has an equivalent pay structure (£23k)

£23k - Curo Hotels (west Campbell) Limited

£23k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.9k, this is equally as efficient (£69.3k)

£60.9k - Curo Hotels (west Campbell) Limited

£69.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is near the average (8 days)

7 days - Curo Hotels (west Campbell) Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 255 days, this is slower than average (47 days)

255 days - Curo Hotels (west Campbell) Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is more than average (8 days)

15 days - Curo Hotels (west Campbell) Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)

2 weeks - Curo Hotels (west Campbell) Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 296.3%, this is a higher level of debt than the average (74.1%)

296.3% - Curo Hotels (west Campbell) Limited

74.1% - Industry AVG

CURO HOTELS (WEST CAMPBELL) LIMITED financials

EXPORTms excel logo

Curo Hotels (West Campbell) Limited's latest turnover from November 2023 is estimated at £1.3 million and the company has net assets of -£368.6 thousand. According to their latest financial statements, Curo Hotels (West Campbell) Limited has 22 employees and maintains cash reserves of £26.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Oct 2014
Turnover1,340,145909,751586,09411,888,4907,864,269898,649889,503632,006
Other Income Or Grants
Cost Of Sales475,442349,413270,7255,107,1693,062,496347,007340,030233,580
Gross Profit864,703560,337315,3686,781,3214,801,773551,642549,474398,426
Admin Expenses1,008,811734,450311,9286,844,3004,800,301550,785547,735396,086
Operating Profit-144,108-174,1133,440-62,9791,4728571,7392,340
Interest Payable1,9223,7211,380
Interest Receivable1,8106,4634089971,612730160
Pre-Tax Profit-144,220-171,3712,468-62,9792,4692,4692,4692,500
Tax-469-469-469-469-500
Profit After Tax-144,220-171,3711,999-62,9792,0002,0002,0002,000
Dividends Paid
Retained Profit-144,220-171,3711,999-62,9792,0002,0002,0002,000
Employee Costs506,249470,571413,434413,761418,147402,142382,091286,687
Number Of Employees2221212121212116
EBITDA*-144,108-165,8873,440-62,9791,4728571,7392,340

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Oct 2014
Tangible Assets36,4188,2268,2268,2268,2268,2268,226
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets36,4188,2268,2268,2268,2268,2268,226
Stock & work in progress19,67519,09117,40322,31620,59721,967
Trade Debtors28,62712,6616,533610,864487,83012,72017,1958,836
Group Debtors583,059233,711108,111
Misc Debtors76,87153,85325,81118,26859,74468,22861,645179,643
Cash26,19442,743326,555265,811164,064127,8071
misc current assets
total current assets151,367128,348959,361629,132547,574602,786371,612338,2531
total assets187,785128,348967,587637,358555,800611,012379,838346,4791
Bank overdraft
Bank loan
Trade Creditors 333,270163,317317,964501,304272,497327,910165,486133,363
Group/Directors Accounts7,912
other short term finances
hp & lease commitments
other current liabilities223,085155,214658,435277,101210,351203,203
total current liabilities556,355318,531976,399501,304272,497605,011375,837344,478
loans34,16744,167
hp & lease commitments
Accruals and Deferred Income141,033275,303
other liabilities50,000
provisions
total long term liabilities34,16744,167191,033275,303
total liabilities556,355352,6981,020,566692,337547,800605,011375,837344,478
net assets-368,570-224,350-52,979-54,9798,0006,0014,0012,0011
total shareholders funds-368,570-224,350-52,979-54,9798,0006,0014,0012,0011
Nov 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Oct 2014
Operating Activities
Operating Profit-144,108-174,1133,440-62,9791,4728571,7392,340
Depreciation8,226
Amortisation
Tax-469-469-469-469-500
Stock5841,68817,403-22,3161,719-1,37021,967
Debtors38,984-548,889-13,72981,558232,915127,708-1,528188,479
Creditors169,953-154,647-183,340228,807-55,413162,42432,123133,363
Accruals and Deferred Income67,871-503,221517,402-134,270-1,79866,7507,148203,203
Deferred Taxes & Provisions
Cash flow from operations54,148-276,554333,359-50,000-266,807100,13543,439127,960
Investing Activities
capital expenditure-36,418-8,226
Change in Investments
cash flow from investments-36,418-8,226
Financing Activities
Bank loans
Group/Directors Accounts-7,9127,912
Other Short Term Loans
Long term loans-34,167-10,00044,167
Hire Purchase and Lease Commitments
other long term liabilities-50,00050,000
share issue1-11
interest-1122,742-9729971,612730160
cash flow from financing-34,279-7,258-6,80450,0009961,612-7,1828,0721
cash and cash equivalents
cash-16,549-283,812326,555-265,811101,74736,257127,8061
overdraft
change in cash-16,549-283,812326,555-265,811101,74736,257127,8061

curo hotels (west campbell) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Curo Hotels (west Campbell) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for curo hotels (west campbell) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in WS4 area or any other competitors across 12 key performance metrics.

curo hotels (west campbell) limited Ownership

CURO HOTELS (WEST CAMPBELL) LIMITED group structure

Curo Hotels (West Campbell) Limited has no subsidiary companies.

Ultimate parent company

1 parent

CURO HOTELS (WEST CAMPBELL) LIMITED

08719456

CURO HOTELS (WEST CAMPBELL) LIMITED Shareholders

evolve hospitality (glasgow) limited 100%

curo hotels (west campbell) limited directors

Curo Hotels (West Campbell) Limited currently has 2 directors. The longest serving directors include Mr Vijay Sharma (Dec 2023) and Mr Narendra Patel (Dec 2023).

officercountryagestartendrole
Mr Vijay SharmaEngland51 years Dec 2023- Director
Mr Narendra PatelEngland66 years Dec 2023- Director

P&L

November 2023

turnover

1.3m

+47%

operating profit

-144.1k

0%

gross margin

64.6%

+4.76%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

-368.6k

+0.64%

total assets

187.8k

+0.46%

cash

26.2k

-0.39%

net assets

Total assets minus all liabilities

curo hotels (west campbell) limited company details

company number

08719456

Type

Private limited with Share Capital

industry

55100 - Hotels and similar accommodation

incorporation date

October 2013

age

12

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

N/A

accountant

FRIEDMANS

auditor

-

address

office 1 21 hatherton street, walsall, WS4 2LA

Bank

-

Legal Advisor

-

curo hotels (west campbell) 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 8 charges/mortgages relating to curo hotels (west campbell) limited. Currently there are 1 open charges and 7 have been satisfied in the past.

curo hotels (west campbell) 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 CURO HOTELS (WEST CAMPBELL) LIMITED. This can take several minutes, an email will notify you when this has completed.

curo hotels (west campbell) limited Companies House Filings - See Documents

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