shnl (201) limited
shnl (201) limited Company Information
Company Number
09293113
Next Accounts
Jan 2026
Shareholders
shnl (holdco 1) limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
31-40 west parade, newcastle upon tyne, tyne & wear, NE4 7LB
Website
http://roomsinn.co.ukshnl (201) limited Estimated Valuation
Pomanda estimates the enterprise value of SHNL (201) LIMITED at £7.5m based on a Turnover of £6.8m and 1.11x industry multiple (adjusted for size and gross margin).
shnl (201) limited Estimated Valuation
Pomanda estimates the enterprise value of SHNL (201) LIMITED at £4.2m based on an EBITDA of £953k and a 4.46x industry multiple (adjusted for size and gross margin).
shnl (201) limited Estimated Valuation
Pomanda estimates the enterprise value of SHNL (201) LIMITED at £8.1m based on Net Assets of £3.9m and 2.09x industry multiple (adjusted for liquidity).
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Shnl (201) Limited Overview
Shnl (201) Limited is a live company located in tyne & wear, NE4 7LB with a Companies House number of 09293113. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2014, it's largest shareholder is shnl (holdco 1) limited with a 100% stake. Shnl (201) Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.8m with rapid growth in recent years.
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Shnl (201) Limited Health Check
Pomanda's financial health check has awarded Shnl (201) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £6.8m, make it larger than the average company (£5.5m)
£6.8m - Shnl (201) Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 73%, show it is growing at a faster rate (37.8%)
73% - Shnl (201) Limited
37.8% - Industry AVG
Production
with a gross margin of 46.8%, this company has a higher cost of product (64.2%)
46.8% - Shnl (201) Limited
64.2% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (7.9%)
11.6% - Shnl (201) Limited
7.9% - Industry AVG
Employees
with 115 employees, this is above the industry average (87)
115 - Shnl (201) Limited
87 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£23.8k)
£19.6k - Shnl (201) Limited
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £58.8k, this is less efficient (£69.5k)
£58.8k - Shnl (201) Limited
£69.5k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is later than average (7 days)
15 days - Shnl (201) Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (45 days)
37 days - Shnl (201) Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (8 days)
2 days - Shnl (201) Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (6 weeks)
14 weeks - Shnl (201) Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.3%, this is a lower level of debt than the average (74.6%)
52.3% - Shnl (201) Limited
74.6% - Industry AVG
SHNL (201) LIMITED financials
Shnl (201) Limited's latest turnover from April 2024 is £6.8 million and the company has net assets of £3.9 million. According to their latest financial statements, Shnl (201) Limited has 115 employees and maintains cash reserves of £397 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,759,000 | 6,221,000 | 4,339,395 | 1,298,581 | 4,611,840 | 4,953,960 | 5,062,911 | 4,813,949 | 6,690,877 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 3,598,000 | 3,263,000 | 2,219,502 | 1,371,047 | 2,333,636 | 2,694,288 | 2,568,191 | 2,203,944 | 3,406,153 |
| Gross Profit | 3,161,000 | 2,958,000 | 2,119,893 | -72,466 | 2,278,204 | 2,259,672 | 2,494,720 | 2,610,005 | 3,284,724 |
| Admin Expenses | 2,379,000 | 2,002,000 | 1,606,986 | 368,983 | 1,730,862 | 1,797,071 | 1,693,853 | 1,756,389 | 2,042,254 |
| Operating Profit | 782,000 | 956,000 | 512,907 | -441,449 | 547,342 | 462,601 | 800,867 | 853,616 | 1,242,470 |
| Interest Payable | 97,000 | 105,000 | 97,280 | 97,280 | 97,280 | 97,280 | 119,573 | 134,827 | 246,293 |
| Interest Receivable | |||||||||
| Pre-Tax Profit | 685,000 | 851,000 | 415,627 | -538,729 | 450,062 | 365,321 | 681,294 | 718,789 | 996,177 |
| Tax | -102,000 | -181,000 | 26,778 | 156,161 | -12,031 | -78,132 | -71,811 | -164,044 | -302,316 |
| Profit After Tax | 583,000 | 670,000 | 442,405 | -382,568 | 438,031 | 287,189 | 609,483 | 554,745 | 693,861 |
| Dividends Paid | |||||||||
| Retained Profit | 583,000 | 670,000 | 442,405 | -382,568 | 438,031 | 287,189 | 609,483 | 554,745 | 693,861 |
| Employee Costs | 2,254,000 | 1,914,000 | 1,351,418 | 1,166,474 | 1,387,825 | 1,821,811 | |||
| Number Of Employees | 115 | 104 | 79 | 78 | 70 | 78 | 77 | 73 | 71 |
| EBITDA* | 953,000 | 1,116,000 | 673,562 | -344,290 | 765,364 | 576,467 | 913,904 | 963,784 | 1,416,954 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,189,000 | 7,189,000 | 7,265,693 | 7,401,846 | 7,499,005 | 6,319,202 | 6,270,148 | 6,328,796 | 6,430,019 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 309,221 | 321,252 | 399,384 | 483,230 | 613,317 | ||||
| Total Fixed Assets | 7,189,000 | 7,189,000 | 7,265,693 | 7,401,846 | 7,808,226 | 6,640,454 | 6,669,532 | 6,812,026 | 7,043,336 |
| Stock & work in progress | 27,000 | 20,000 | 16,910 | 15,706 | 10,125 | 18,131 | 22,559 | 18,741 | 19,892 |
| Trade Debtors | 282,000 | 260,000 | 646,683 | 217,988 | 341,807 | 146,103 | 227,449 | 135,476 | 144,144 |
| Group Debtors | |||||||||
| Misc Debtors | 270,000 | 416,000 | 534,573 | 548,008 | 146,189 | 104,684 | 67,736 | 103,037 | 63,705 |
| Cash | 397,000 | 871,000 | 356,670 | 49,487 | 18,207 | 236,847 | 281,453 | 526,457 | 420,170 |
| misc current assets | |||||||||
| total current assets | 976,000 | 1,567,000 | 1,554,836 | 831,189 | 516,328 | 505,765 | 599,197 | 783,711 | 647,911 |
| total assets | 8,165,000 | 8,756,000 | 8,820,529 | 8,233,035 | 8,324,554 | 7,146,219 | 7,268,729 | 7,595,737 | 7,691,247 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 374,000 | 187,000 | 129,632 | 358,140 | 626,115 | 316,760 | 689,961 | 785,791 | 541,014 |
| Group/Directors Accounts | 6,196,293 | ||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 1,051,000 | 831,000 | 717,088 | 440,771 | 266,323 | 522,654 | 419,985 | 380,219 | 260,078 |
| total current liabilities | 1,425,000 | 1,018,000 | 846,720 | 798,911 | 892,438 | 839,414 | 1,109,946 | 1,166,010 | 6,997,385 |
| loans | 2,844,000 | 4,425,000 | 5,330,662 | 5,233,382 | 4,848,806 | 4,161,526 | 4,300,693 | 5,181,120 | |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 2,844,000 | 4,425,000 | 5,330,662 | 5,233,382 | 4,848,806 | 4,161,526 | 4,300,693 | 5,181,120 | |
| total liabilities | 4,269,000 | 5,443,000 | 6,177,382 | 6,032,293 | 5,741,244 | 5,000,940 | 5,410,639 | 6,347,130 | 6,997,385 |
| net assets | 3,896,000 | 3,313,000 | 2,643,147 | 2,200,742 | 2,583,310 | 2,145,279 | 1,858,090 | 1,248,607 | 693,862 |
| total shareholders funds | 3,896,000 | 3,313,000 | 2,643,147 | 2,200,742 | 2,583,310 | 2,145,279 | 1,858,090 | 1,248,607 | 693,862 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 782,000 | 956,000 | 512,907 | -441,449 | 547,342 | 462,601 | 800,867 | 853,616 | 1,242,470 |
| Depreciation | 171,000 | 160,000 | 160,655 | 97,159 | 218,022 | 113,866 | 113,037 | 110,168 | 174,484 |
| Amortisation | |||||||||
| Tax | -102,000 | -181,000 | 26,778 | 156,161 | -12,031 | -78,132 | -71,811 | -164,044 | -302,316 |
| Stock | 7,000 | 3,090 | 1,204 | 5,581 | -8,006 | -4,428 | 3,818 | -1,151 | 19,892 |
| Debtors | -124,000 | -505,256 | 415,260 | -31,221 | 225,178 | -122,530 | -27,174 | -99,423 | 821,166 |
| Creditors | 187,000 | 57,368 | -228,508 | -267,975 | 309,355 | -373,201 | -95,830 | 244,777 | 541,014 |
| Accruals and Deferred Income | 220,000 | 113,912 | 276,317 | 174,448 | -256,331 | 102,669 | 39,766 | 120,141 | 260,078 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 1,375,000 | 1,608,446 | 331,685 | -256,016 | 589,185 | 354,761 | 809,385 | 1,265,232 | 1,074,672 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -6,196,293 | 6,196,293 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | -1,581,000 | -905,662 | 97,280 | 384,576 | 687,280 | -139,167 | -880,427 | 5,181,120 | |
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -97,000 | -105,000 | -97,280 | -97,280 | -97,280 | -97,280 | -119,573 | -134,827 | -246,293 |
| cash flow from financing | -1,678,000 | -1,010,809 | 287,296 | 590,000 | -236,447 | -1,000,000 | -1,150,000 | 5,950,001 | |
| cash and cash equivalents | |||||||||
| cash | -474,000 | 514,330 | 307,183 | 31,280 | -218,640 | -44,606 | -245,004 | 106,287 | 420,170 |
| overdraft | |||||||||
| change in cash | -474,000 | 514,330 | 307,183 | 31,280 | -218,640 | -44,606 | -245,004 | 106,287 | 420,170 |
shnl (201) limited Credit Report and Business Information
Shnl (201) Limited Competitor Analysis
Perform a competitor analysis for shnl (201) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in NE4 area or any other competitors across 12 key performance metrics.
shnl (201) limited Ownership
SHNL (201) LIMITED group structure
Shnl (201) Limited has no subsidiary companies.
Ultimate parent company
1 parent
SHNL (201) LIMITED
09293113
shnl (201) limited directors
Shnl (201) Limited currently has 4 directors. The longest serving directors include Mr Aran Handa (Nov 2014) and Mr Neeraj Handa (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aran Handa | 69 years | Nov 2014 | - | Director | |
| Mr Neeraj Handa | England | 41 years | Jun 2022 | - | Director |
| Mr Paul Williamson | United Kingdom | 68 years | Aug 2022 | - | Director |
| Mr Paul Williamson | United Kingdom | 68 years | Aug 2022 | - | Director |
P&L
April 2024turnover
6.8m
+9%
operating profit
782k
-18%
gross margin
46.8%
-1.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
3.9m
+0.18%
total assets
8.2m
-0.07%
cash
397k
-0.54%
net assets
Total assets minus all liabilities
shnl (201) limited company details
company number
09293113
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
April 2024
previous names
minhoco 24 limited (May 2024)
accountant
-
auditor
-
address
31-40 west parade, newcastle upon tyne, tyne & wear, NE4 7LB
Bank
HSBC BANK PLC
Legal Advisor
-
shnl (201) 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 9 charges/mortgages relating to shnl (201) limited. Currently there are 7 open charges and 2 have been satisfied in the past.
shnl (201) 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 SHNL (201) LIMITED. This can take several minutes, an email will notify you when this has completed.
shnl (201) limited Companies House Filings - See Documents
| date | description | view/download |
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