sof-10 south point suites limited
sof-10 south point suites limited Company Information
Company Number
09300902
Website
www.southpointsuites.comRegistered Address
one berkeley street, london, W1J 8DJ
Industry
Hotels and similar accommodation
Telephone
02031467760
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
sof-10 think hotels lux sarl 99.8%
sof-10 think guernsey limited 0.2%
sof-10 south point suites limited Estimated Valuation
The estimated valuation range for sof-10 south point suites limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £12.5m
sof-10 south point suites limited Estimated Valuation
The estimated valuation range for sof-10 south point suites limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £12.5m
sof-10 south point suites limited Estimated Valuation
The estimated valuation range for sof-10 south point suites limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £12.5m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Sof-10 South Point Suites Limited AI Business Plan
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Sof-10 South Point Suites Limited Overview
Sof-10 South Point Suites Limited is a live company located in london, W1J 8DJ with a Companies House number of 09300902. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in November 2014, it's largest shareholder is sof-10 think hotels lux sarl with a 99.8% stake. Sof-10 South Point Suites Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.8m with healthy growth in recent years.
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Sof-10 South Point Suites Limited Health Check
Pomanda's financial health check has awarded Sof-10 South Point Suites Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £5.8m, make it larger than the average company (£3.9m)
£5.8m - Sof-10 South Point Suites Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (-2.9%)
9% - Sof-10 South Point Suites Limited
-2.9% - Industry AVG
Production
with a gross margin of 62.9%, this company has a comparable cost of product (60.6%)
62.9% - Sof-10 South Point Suites Limited
60.6% - Industry AVG
Profitability
an operating margin of 20.8% make it more profitable than the average company (7.6%)
20.8% - Sof-10 South Point Suites Limited
7.6% - Industry AVG
Employees
with 24 employees, this is below the industry average (68)
24 - Sof-10 South Point Suites Limited
68 - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)
- Sof-10 South Point Suites Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £240.1k, this is more efficient (£64.7k)
£240.1k - Sof-10 South Point Suites Limited
£64.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is later than average (10 days)
13 days - Sof-10 South Point Suites Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (49 days)
45 days - Sof-10 South Point Suites Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (8 days)
0 days - Sof-10 South Point Suites Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (7 weeks)
77 weeks - Sof-10 South Point Suites Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.5%, this is a higher level of debt than the average (78.5%)
115.5% - Sof-10 South Point Suites Limited
78.5% - Industry AVG
sof-10 south point suites limited Credit Report and Business Information
Sof-10 South Point Suites Limited Competitor Analysis
Perform a competitor analysis for sof-10 south point suites limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sof-10 south point suites limited Ownership
SOF-10 SOUTH POINT SUITES LIMITED group structure
Sof-10 South Point Suites Limited has no subsidiary companies.
Ultimate parent company
SOF-X INTERNATIONAL HOLDING LP
#0099034
SOF-10 THINK HOTELS LUX S.A.R.L.
#0099033
2 parents
SOF-10 SOUTH POINT SUITES LIMITED
09300902
sof-10 south point suites limited directors
Sof-10 South Point Suites Limited currently has 2 directors. The longest serving directors include Mr John Bradshaw (Nov 2014) and Mr Nicholas Chadwick (Mar 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Bradshaw | England | 45 years | Nov 2014 | - | Director |
| Mr Nicholas Chadwick | United Kingdom | 42 years | Mar 2015 | - | Director |
SOF-10 SOUTH POINT SUITES LIMITED financials
Sof-10 South Point Suites Limited's latest turnover from December 2022 is £5.8 million and the company has net assets of -£7.8 million. According to their latest financial statements, Sof-10 South Point Suites Limited has 24 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 5,762,019 | 2,169,280 | 1,114,443 | 4,488,339 | 4,171,437 | 596,856 | 1,533,748 | 2,987,805 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,137,920 | 841,604 | 630,734 | 1,386,089 | 1,329,585 | 242,615 | 570,020 | 573,143 |
| Gross Profit | 3,624,099 | 1,327,676 | 483,709 | 3,102,250 | 2,841,852 | 354,241 | 963,728 | 2,414,662 |
| Admin Expenses | 2,428,289 | 1,599,261 | 1,896,623 | 2,972,821 | 3,374,079 | 2,421,365 | 2,619,692 | 2,988,752 |
| Operating Profit | 1,195,810 | -271,585 | -1,412,914 | 129,429 | -532,227 | -2,067,124 | -1,655,964 | -574,090 |
| Interest Payable | 3,510,259 | 3,200,741 | 3,184,864 | 1,609,202 | 544,185 | 540,888 | 539,126 | 509,223 |
| Interest Receivable | 5,915 | 0 | 15,004 | 44,733 | 0 | 2 | 361 | 127 |
| Pre-Tax Profit | -1,796,759 | -3,473,745 | -4,582,774 | -1,435,040 | -1,076,412 | -2,608,012 | -2,194,729 | -1,083,186 |
| Tax | -118,458 | -79,412 | -5,981 | 208,153 | 93,938 | 102,531 | 138,478 | 94,809 |
| Profit After Tax | -1,915,217 | -3,553,157 | -4,588,755 | -1,226,887 | -982,474 | -2,505,481 | -2,056,251 | -988,377 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,915,217 | -3,553,157 | -4,588,755 | -1,226,887 | -982,474 | -2,505,481 | -2,056,251 | -988,377 |
| Employee Costs | 0 | 0 | 0 | |||||
| Number Of Employees | 24 | 10 | 14 | 17 | 19 | 5 | 3 | 3 |
| EBITDA* | 2,425,260 | 940,336 | -214,264 | 975,616 | 107,720 | -1,433,577 | -1,018,681 | 30,666 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 45,540,624 | 46,553,660 | 47,623,106 | 48,494,500 | 37,007 | 2,919 | 0 | 26,525 |
| Intangible Assets | 204,619 | 304,427 | 404,237 | 504,046 | 3,833,022 | 4,466,570 | 5,100,117 | 5,733,664 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 511,775 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,257,018 | 46,858,087 | 48,027,343 | 48,998,546 | 3,870,029 | 4,469,489 | 5,100,117 | 5,760,189 |
| Stock & work in progress | 5,114 | 1,629 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 216,097 | 105,097 | 52,689 | 178,790 | 409,833 | 187,730 | 0 | 337,063 |
| Group Debtors | 0 | 130,000 | 132,000 | 132,000 | 229,505 | 303,560 | 655,005 | 639,803 |
| Misc Debtors | 151,827 | 75,847 | 510,047 | 417,990 | 128,203 | 659,157 | 729,592 | 1,282,079 |
| Cash | 3,595,591 | 1,802,513 | 817,297 | 1,494,733 | 1,386,101 | 959,492 | 329,111 | 421,509 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,968,629 | 2,115,086 | 1,512,033 | 2,223,513 | 2,153,642 | 2,109,939 | 1,713,708 | 2,680,454 |
| total assets | 50,225,647 | 48,973,173 | 49,539,376 | 51,222,059 | 6,023,671 | 6,579,428 | 6,813,825 | 8,440,643 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 20,525,550 | 0 | 20,511,433 | 0 | 0 | 0 | 0 |
| Trade Creditors | 266,085 | 130,950 | 166,845 | 37,420 | 35,824 | 59,281 | 27,411 | 3,130 |
| Group/Directors Accounts | 957,755 | 590,179 | 658,376 | 95,756 | 4,179,527 | 4,030,714 | 1,346,053 | 1,460,826 |
| other short term finances | 0 | 0 | 0 | 25,707 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,190,349 | 782,606 | 355,577 | 528,711 | 534,745 | 359,629 | 1,243,438 | 1,588,621 |
| total current liabilities | 2,414,189 | 22,029,285 | 1,180,798 | 21,199,027 | 4,750,096 | 4,449,624 | 2,616,902 | 3,052,577 |
| loans | 55,048,136 | 32,383,807 | 50,324,752 | 27,406,432 | 6,617,401 | 6,397,218 | 5,856,327 | 4,852,740 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 564,032 | 445,574 | 366,162 | 360,181 | 568,334 | 662,272 | 764,803 | 903,282 |
| total long term liabilities | 55,612,168 | 32,829,381 | 50,690,914 | 27,766,613 | 7,185,735 | 7,059,490 | 6,621,130 | 5,756,022 |
| total liabilities | 58,026,357 | 54,858,666 | 51,871,712 | 48,965,640 | 11,935,831 | 11,509,114 | 9,238,032 | 8,808,599 |
| net assets | -7,800,710 | -5,885,493 | -2,332,336 | 2,256,419 | -5,912,160 | -4,929,686 | -2,424,207 | -367,956 |
| total shareholders funds | -7,800,710 | -5,885,493 | -2,332,336 | 2,256,419 | -5,912,160 | -4,929,686 | -2,424,207 | -367,956 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,195,810 | -271,585 | -1,412,914 | 129,429 | -532,227 | -2,067,124 | -1,655,964 | -574,090 |
| Depreciation | 1,129,642 | 1,112,111 | 1,098,841 | 426,136 | 6,400 | 0 | 3,736 | 2,947 |
| Amortisation | 99,808 | 99,810 | 99,809 | 420,051 | 633,547 | 633,547 | 633,547 | 601,809 |
| Tax | -118,458 | -79,412 | -5,981 | 208,153 | 93,938 | 102,531 | 138,478 | 94,809 |
| Stock | 3,485 | 1,629 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 568,755 | -383,792 | -34,044 | -38,761 | -382,906 | -234,150 | -874,348 | 2,258,945 |
| Creditors | 135,135 | -35,895 | 129,425 | 1,596 | -23,457 | 31,870 | 24,281 | 3,130 |
| Accruals and Deferred Income | 407,743 | 427,029 | -173,134 | -6,034 | 175,116 | -883,809 | -345,183 | 1,588,621 |
| Deferred Taxes & Provisions | 118,458 | 79,412 | 5,981 | -208,153 | -93,938 | -102,531 | -138,479 | 903,282 |
| Cash flow from operations | 2,395,898 | 1,713,633 | -223,929 | 1,009,939 | 642,285 | -2,051,366 | -465,236 | 361,563 |
| Investing Activities | ||||||||
| capital expenditure | -7,892 | -29,472 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -7,892 | -29,472 | ||||||
| Financing Activities | ||||||||
| Bank loans | -20,525,550 | 20,525,550 | -20,511,433 | 20,511,433 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 367,576 | -68,197 | 562,620 | -4,083,771 | 148,813 | 2,684,661 | -114,773 | 1,460,826 |
| Other Short Term Loans | 0 | 0 | -25,707 | 25,707 | 0 | 0 | 0 | 0 |
| Long term loans | 22,664,329 | -17,940,945 | 22,918,320 | 20,789,031 | 220,183 | 540,891 | 1,003,587 | 4,852,740 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -3,504,344 | -3,200,741 | -3,169,860 | -1,564,469 | -544,185 | -540,886 | -538,765 | -509,096 |
| cash flow from financing | -997,989 | -684,333 | -226,060 | 45,073,397 | -175,189 | 2,684,668 | 350,049 | 6,424,891 |
| cash and cash equivalents | ||||||||
| cash | 1,793,078 | 985,216 | -677,436 | 108,632 | 426,609 | 630,381 | -92,398 | 421,509 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,793,078 | 985,216 | -677,436 | 108,632 | 426,609 | 630,381 | -92,398 | 421,509 |
P&L
December 2022turnover
5.8m
+166%
operating profit
1.2m
-540%
gross margin
62.9%
+2.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-7.8m
+0.33%
total assets
50.2m
+0.03%
cash
3.6m
+0.99%
net assets
Total assets minus all liabilities
sof-10 south point suites limited company details
company number
09300902
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
November 2014
age
10
accounts
Small Company
ultimate parent company
previous names
sof-10 starlight 10 operations limited (November 2017)
incorporated
UK
address
one berkeley street, london, W1J 8DJ
last accounts submitted
December 2022
sof-10 south point suites 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 5 charges/mortgages relating to sof-10 south point suites limited. Currently there are 5 open charges and 0 have been satisfied in the past.
sof-10 south point suites limited Companies House Filings - See Documents
| date | description | view/download |
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