new country inns limited
new country inns limited Company Information
Company Number
09245377
Website
sleeptighthotels.comRegistered Address
parkins accountants bawtry road, wickersley, rotherham, S66 2BL
Industry
Licensed restaurants
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Mark Churchill10 Years
Shareholders
mark anthony churchill 50%
rebecca louise mary hopkins 50%
new country inns limited Estimated Valuation
Pomanda estimates the enterprise value of NEW COUNTRY INNS LIMITED at £1.6m based on a Turnover of £2.4m and 0.67x industry multiple (adjusted for size and gross margin).
new country inns limited Estimated Valuation
Pomanda estimates the enterprise value of NEW COUNTRY INNS LIMITED at £60.8k based on an EBITDA of £11.9k and a 5.09x industry multiple (adjusted for size and gross margin).
new country inns limited Estimated Valuation
Pomanda estimates the enterprise value of NEW COUNTRY INNS LIMITED at £0 based on Net Assets of £-32.8k and 3.04x industry multiple (adjusted for liquidity).
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New Country Inns Limited Overview
New Country Inns Limited is a live company located in rotherham, S66 2BL with a Companies House number of 09245377. It operates in the licenced restaurants sector, SIC Code 56101. Founded in October 2014, it's largest shareholder is mark anthony churchill with a 50% stake. New Country Inns Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.
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New Country Inns Limited Health Check
Pomanda's financial health check has awarded New Country Inns Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£3.4m)
- New Country Inns Limited
£3.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (12.2%)
- New Country Inns Limited
12.2% - Industry AVG
Production
with a gross margin of 56.3%, this company has a comparable cost of product (56.3%)
- New Country Inns Limited
56.3% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (2.2%)
- New Country Inns Limited
2.2% - Industry AVG
Employees
with 61 employees, this is similar to the industry average (58)
61 - New Country Inns Limited
58 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
- New Country Inns Limited
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £39k, this is less efficient (£53.6k)
- New Country Inns Limited
£53.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- New Country Inns Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (47 days)
- New Country Inns Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (11 days)
- New Country Inns Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (9 weeks)
15 weeks - New Country Inns Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.3%, this is a higher level of debt than the average (87.7%)
111.3% - New Country Inns Limited
87.7% - Industry AVG
NEW COUNTRY INNS LIMITED financials
New Country Inns Limited's latest turnover from December 2023 is estimated at £2.4 million and the company has net assets of -£32.8 thousand. According to their latest financial statements, New Country Inns Limited has 61 employees and maintains cash reserves of £78.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 61 | 32 | 32 | 31 | 29 | 28 | 29 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 138,647 | 164,006 | 158,960 | 171,469 | 92,530 | 113,076 | 106,964 | 123,789 | 131,480 |
| 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 | 138,647 | 164,006 | 158,960 | 171,469 | 92,530 | 113,076 | 106,964 | 123,789 | 131,480 |
| Stock & work in progress | 14,125 | 22,500 | 9,741 | 3,000 | 17,000 | 23,282 | 14,827 | 15,000 | 15,390 |
| Trade Debtors | 0 | 48,000 | 0 | 0 | 0 | 0 | 0 | 7,200 | 10,990 |
| Group Debtors | 0 | 0 | 0 | 0 | 61,724 | 0 | 0 | 0 | 0 |
| Misc Debtors | 59,112 | 57,500 | 46,105 | 34,568 | 8,059 | 7,200 | 7,200 | 4,159 | 0 |
| Cash | 78,420 | 158,864 | 262,813 | 24,867 | 10,457 | 32,102 | 47,449 | 44,620 | 39,264 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 151,657 | 286,864 | 318,659 | 62,435 | 97,240 | 62,584 | 69,476 | 70,979 | 65,644 |
| total assets | 290,304 | 450,870 | 477,619 | 233,904 | 189,770 | 175,660 | 176,440 | 194,768 | 197,124 |
| Bank overdraft | 0 | 0 | 0 | 0 | 9,770 | 0 | 0 | 0 | 0 |
| Bank loan | 89,102 | 106,712 | 9,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 39,918 | 59,256 | 15,444 | 840 | 37,976 | 36,004 | 33,433 | 27,553 | 115,885 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 29,429 | 26,178 | 28,493 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 4,051 | 3,356 | 2,115 | 0 | 0 |
| other current liabilities | 127,563 | 150,312 | 73,118 | 148,992 | 90,433 | 65,652 | 59,403 | 57,780 | 0 |
| total current liabilities | 256,583 | 316,280 | 98,265 | 149,832 | 142,230 | 134,441 | 121,129 | 113,826 | 115,885 |
| loans | 42,015 | 102,048 | 289,488 | 50,000 | 0 | 14,147 | 38,002 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 4,051 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58,128 | 77,410 |
| provisions | 24,537 | 31,161 | 30,202 | 32,437 | 17,407 | 18,215 | 15,147 | 22,475 | 0 |
| total long term liabilities | 66,552 | 133,209 | 319,690 | 82,437 | 17,407 | 36,413 | 53,149 | 80,603 | 77,410 |
| total liabilities | 323,135 | 449,489 | 417,955 | 232,269 | 159,637 | 170,854 | 174,278 | 194,429 | 193,295 |
| net assets | -32,831 | 1,381 | 59,664 | 1,635 | 30,133 | 4,806 | 2,162 | 339 | 3,829 |
| total shareholders funds | -32,831 | 1,381 | 59,664 | 1,635 | 30,133 | 4,806 | 2,162 | 339 | 3,829 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 33,391 | 40,228 | 39,043 | 42,311 | 22,083 | 27,199 | 24,817 | 28,963 | 25,929 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | -8,375 | 12,759 | 6,741 | -14,000 | -6,282 | 8,455 | -173 | -390 | 15,390 |
| Debtors | -46,388 | 59,395 | 11,537 | -35,215 | 62,583 | 0 | -4,159 | 369 | 10,990 |
| Creditors | -19,338 | 43,812 | 14,604 | -37,136 | 1,972 | 2,571 | 5,880 | -88,332 | 115,885 |
| Accruals and Deferred Income | -22,749 | 77,194 | -75,874 | 58,559 | 24,781 | 6,249 | 1,623 | 57,780 | 0 |
| Deferred Taxes & Provisions | -6,624 | 959 | -2,235 | 15,030 | -808 | 3,068 | -7,328 | 22,475 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | -17,610 | 97,009 | 9,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -29,429 | 3,251 | -2,315 | 28,493 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -60,033 | -187,440 | 239,488 | 50,000 | -14,147 | -23,855 | 38,002 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -4,051 | -3,356 | 5,292 | 2,115 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -58,128 | -19,282 | 77,410 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -80,444 | -103,949 | 237,946 | 14,410 | -21,645 | -15,347 | 2,829 | 5,356 | 39,264 |
| overdraft | 0 | 0 | 0 | -9,770 | 9,770 | 0 | 0 | 0 | 0 |
| change in cash | -80,444 | -103,949 | 237,946 | 24,180 | -31,415 | -15,347 | 2,829 | 5,356 | 39,264 |
new country inns limited Credit Report and Business Information
New Country Inns Limited Competitor Analysis
Perform a competitor analysis for new country inns limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in S66 area or any other competitors across 12 key performance metrics.
new country inns limited Ownership
NEW COUNTRY INNS LIMITED group structure
New Country Inns Limited has no subsidiary companies.
Ultimate parent company
NEW COUNTRY INNS LIMITED
09245377
new country inns limited directors
New Country Inns Limited currently has 1 director, Mr Mark Churchill serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Churchill | England | 48 years | Oct 2014 | - | Director |
P&L
December 2023turnover
2.4m
+48%
operating profit
-21.5k
0%
gross margin
56.3%
+4.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-32.8k
-24.77%
total assets
290.3k
-0.36%
cash
78.4k
-0.51%
net assets
Total assets minus all liabilities
new country inns limited company details
company number
09245377
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
PARKINS
auditor
-
address
parkins accountants bawtry road, wickersley, rotherham, S66 2BL
Bank
-
Legal Advisor
-
new country inns 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 new country inns limited.
new country inns limited Companies House Filings - See Documents
| date | description | view/download |
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