countrywide hotels limited
countrywide hotels limited Company Information
Company Number
09180715
Next Accounts
Jun 2025
Shareholders
darren patt
sarah terry
View AllGroup Structure
View All
Industry
Hotels and similar accommodation
Registered Address
highweek garage ringslade road, newton abbot, TQ12 1QF
Website
www.countrywidehotels.co.ukcountrywide hotels limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTRYWIDE HOTELS LIMITED at £8.7m based on a Turnover of £7.8m and 1.11x industry multiple (adjusted for size and gross margin).
countrywide hotels limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTRYWIDE HOTELS LIMITED at £996.5k based on an EBITDA of £225.6k and a 4.42x industry multiple (adjusted for size and gross margin).
countrywide hotels limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTRYWIDE HOTELS LIMITED at £1.1m based on Net Assets of £498.9k and 2.16x industry multiple (adjusted for liquidity).
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Countrywide Hotels Limited Overview
Countrywide Hotels Limited is a live company located in newton abbot, TQ12 1QF with a Companies House number of 09180715. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in August 2014, it's largest shareholder is darren patt with a 36.5% stake. Countrywide Hotels Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.8m with rapid growth in recent years.
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Countrywide Hotels Limited Health Check
Pomanda's financial health check has awarded Countrywide Hotels Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £7.8m, make it larger than the average company (£5.2m)
- Countrywide Hotels Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 79%, show it is growing at a faster rate (4%)
- Countrywide Hotels Limited
4% - Industry AVG
Production
with a gross margin of 44.1%, this company has a higher cost of product (63.6%)
- Countrywide Hotels Limited
63.6% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (8.3%)
- Countrywide Hotels Limited
8.3% - Industry AVG
Employees
with 21 employees, this is below the industry average (80)
21 - Countrywide Hotels Limited
80 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£22.7k)
- Countrywide Hotels Limited
£22.7k - Industry AVG
Efficiency
resulting in sales per employee of £372.6k, this is more efficient (£68.5k)
- Countrywide Hotels Limited
£68.5k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (8 days)
- Countrywide Hotels Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (47 days)
- Countrywide Hotels Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Countrywide Hotels Limited
- - Industry AVG
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 - Countrywide Hotels Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.2%, this is a lower level of debt than the average (75%)
52.2% - Countrywide Hotels Limited
75% - Industry AVG
COUNTRYWIDE HOTELS LIMITED financials
Countrywide Hotels Limited's latest turnover from September 2023 is estimated at £7.8 million and the company has net assets of £498.9 thousand. According to their latest financial statements, Countrywide Hotels Limited has 21 employees and maintains cash reserves of £22.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,635,566 | 1,358,450 | 454,281 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||
| Cost Of Sales | 124,213 | 96,824 | 82,621 | ||||||
| Gross Profit | 1,511,353 | 1,261,626 | 371,660 | ||||||
| Admin Expenses | 1,381,087 | 1,227,038 | 110,086 | ||||||
| Operating Profit | 130,266 | 34,588 | 261,574 | ||||||
| Interest Payable | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 3 | 0 | ||||||
| Pre-Tax Profit | 130,266 | 34,591 | 261,574 | ||||||
| Tax | -16,740 | -15,042 | -53,652 | ||||||
| Profit After Tax | 113,526 | 19,549 | 207,922 | ||||||
| Dividends Paid | 0 | 0 | 167,029 | ||||||
| Retained Profit | 113,526 | 19,549 | 40,893 | ||||||
| Employee Costs | |||||||||
| Number Of Employees | 21 | 20 | 21 | 13 | 9 | 8 | |||
| EBITDA* | 131,954 | 34,588 | 263,224 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 158,913 | 162,318 | 17,768 | 0 | 0 | 179,657 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 158,913 | 162,318 | 17,768 | 0 | 0 | 179,657 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 862,859 | 910,782 | 77,428 | 419,155 | 398,207 | 270,755 | 466,679 | 137,589 | 49,613 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 473,005 | 9,592 | 0 | 0 | 0 | 227,484 | 14,340 |
| Cash | 22,894 | 19,778 | 42,197 | 49,797 | 16,657 | 33,175 | 7,767 | 127,938 | 101,362 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 885,753 | 930,560 | 592,630 | 478,544 | 414,864 | 303,930 | 474,446 | 493,011 | 165,315 |
| total assets | 1,044,666 | 1,092,878 | 610,398 | 478,544 | 414,864 | 483,587 | 474,446 | 493,011 | 165,315 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 9,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 525,819 | 698,278 | 51,718 | 33,246 | 192,506 | 274,525 | 287,482 | 17,433 | 9,489 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 280,276 | 253,391 | 0 | 0 | 0 | 338,123 | 114,833 |
| total current liabilities | 525,819 | 698,278 | 341,540 | 286,637 | 192,506 | 274,525 | 287,482 | 355,556 | 124,322 |
| loans | 0 | 0 | 40,454 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 19,908 | 29,098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,908 | 29,098 | 40,454 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 545,727 | 727,376 | 381,994 | 336,637 | 192,506 | 274,525 | 287,482 | 355,556 | 124,322 |
| net assets | 498,939 | 365,502 | 228,404 | 141,907 | 222,358 | 209,062 | 186,964 | 137,455 | 40,993 |
| total shareholders funds | 498,939 | 365,502 | 228,404 | 141,907 | 222,358 | 209,062 | 186,964 | 137,455 | 40,993 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 130,266 | 34,588 | 261,574 | ||||||
| Depreciation | 48,827 | 31,187 | 1,688 | 0 | 0 | 0 | 0 | 1,650 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -16,740 | -15,042 | -53,652 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -47,923 | 360,349 | 121,686 | 30,540 | 127,452 | -195,924 | 101,606 | 301,120 | 63,953 |
| Creditors | -172,459 | 646,560 | 18,472 | -159,260 | -82,019 | -12,957 | 270,049 | 7,944 | 9,489 |
| Accruals and Deferred Income | 0 | -280,276 | 26,885 | 253,391 | 0 | 0 | -338,123 | 223,290 | 114,833 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 38,885 | 83,137 | 269,941 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | -9,546 | 9,546 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -40,454 | -9,546 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,190 | 29,098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 3 | 0 | ||||||
| cash flow from financing | -27,029 | -49,997 | 100 | ||||||
| cash and cash equivalents | |||||||||
| cash | 3,116 | -22,419 | -7,600 | 33,140 | -16,518 | 25,408 | -120,171 | 26,576 | 101,362 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,116 | -22,419 | -7,600 | 33,140 | -16,518 | 25,408 | -120,171 | 26,576 | 101,362 |
countrywide hotels limited Credit Report and Business Information
Countrywide Hotels Limited Competitor Analysis
Perform a competitor analysis for countrywide hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in TQ12 area or any other competitors across 12 key performance metrics.
countrywide hotels limited Ownership
COUNTRYWIDE HOTELS LIMITED group structure
Countrywide Hotels Limited has 1 subsidiary company.
Ultimate parent company
COUNTRYWIDE HOTELS LIMITED
09180715
1 subsidiary
countrywide hotels limited directors
Countrywide Hotels Limited currently has 4 directors. The longest serving directors include Mr Darren Patt (Oct 2014) and Mr Benedict Hioco (Nov 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darren Patt | England | 51 years | Oct 2014 | - | Director |
| Mr Benedict Hioco | England | 56 years | Nov 2014 | - | Director |
| Ms Sarah Terry | United Kingdom | 52 years | Aug 2016 | - | Director |
| Mr Barry Marsh | United Kingdom | 53 years | Apr 2024 | - | Director |
P&L
September 2023turnover
7.8m
+23%
operating profit
176.8k
0%
gross margin
44.2%
+10.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
498.9k
+0.37%
total assets
1m
-0.04%
cash
22.9k
+0.16%
net assets
Total assets minus all liabilities
countrywide hotels limited company details
company number
09180715
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
August 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
highweek garage ringslade road, newton abbot, TQ12 1QF
Bank
-
Legal Advisor
-
countrywide hotels 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 countrywide hotels limited.
countrywide hotels 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.
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countrywide hotels limited Companies House Filings - See Documents
| date | description | view/download |
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