corbyn apartments limited Company Information
Company Number
09362977
Next Accounts
Sep 2025
Industry
Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
Shareholders
landford estates ltd
Group Structure
View All
Contact
Registered Address
stag gates house, 63/64 the avenue, southampton, hampshire, SO17 1XS
Website
www.thecorbyn.co.ukcorbyn apartments limited Estimated Valuation
Pomanda estimates the enterprise value of CORBYN APARTMENTS LIMITED at £260.4k based on a Turnover of £293.5k and 0.89x industry multiple (adjusted for size and gross margin).
corbyn apartments limited Estimated Valuation
Pomanda estimates the enterprise value of CORBYN APARTMENTS LIMITED at £487k based on an EBITDA of £135.4k and a 3.6x industry multiple (adjusted for size and gross margin).
corbyn apartments limited Estimated Valuation
Pomanda estimates the enterprise value of CORBYN APARTMENTS LIMITED at £2.4m based on Net Assets of £979.6k and 2.4x industry multiple (adjusted for liquidity).
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Corbyn Apartments Limited Overview
Corbyn Apartments Limited is a live company located in southampton, SO17 1XS with a Companies House number of 09362977. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in December 2014, it's largest shareholder is landford estates ltd with a 100% stake. Corbyn Apartments Limited is a established, micro sized company, Pomanda has estimated its turnover at £293.5k with healthy growth in recent years.
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Corbyn Apartments Limited Health Check
Pomanda's financial health check has awarded Corbyn Apartments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £293.5k, make it smaller than the average company (£541.7k)
- Corbyn Apartments Limited
£541.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (12.5%)
- Corbyn Apartments Limited
12.5% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Corbyn Apartments Limited
68.9% - Industry AVG
Profitability
an operating margin of 44.9% make it more profitable than the average company (13.7%)
- Corbyn Apartments Limited
13.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (16)
4 - Corbyn Apartments Limited
16 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- Corbyn Apartments Limited
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £73.4k, this is equally as efficient (£73.4k)
- Corbyn Apartments Limited
£73.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Corbyn Apartments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Corbyn Apartments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corbyn Apartments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (45 weeks)
27 weeks - Corbyn Apartments Limited
45 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.1%, this is a similar level of debt than the average (53.7%)
56.1% - Corbyn Apartments Limited
53.7% - Industry AVG
CORBYN APARTMENTS LIMITED financials
Corbyn Apartments Limited's latest turnover from December 2023 is estimated at £293.5 thousand and the company has net assets of £979.6 thousand. According to their latest financial statements, Corbyn Apartments Limited has 4 employees and maintains cash reserves of £17.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|---|
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 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 4 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,374,097 | 1,377,621 | 1,377,626 | 1,484,761 | 658,451 | 663,064 | 667,130 | 653,950 | 492,841 |
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 | 1,374,097 | 1,377,621 | 1,377,626 | 1,484,761 | 658,451 | 663,064 | 667,130 | 653,950 | 492,841 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 673,277 | 1,381,328 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 836,266 | 835,667 | 867,624 | 738,082 | 636,703 | 626,019 | 548,743 | 175,681 | 23,909 |
Misc Debtors | 2,620 | 6,660 | 4,422 | 17,517 | 71,298 | 72,300 | 105,350 | 12,548 | 22,398 |
Cash | 17,722 | 12,564 | 15,861 | 164,002 | 8,822 | 45,533 | 134,251 | 221,280 | 6,940 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 856,608 | 854,891 | 887,907 | 919,601 | 716,823 | 743,852 | 788,344 | 1,082,786 | 1,434,575 |
total assets | 2,230,705 | 2,232,512 | 2,265,533 | 2,404,362 | 1,375,274 | 1,406,916 | 1,455,474 | 1,736,736 | 1,927,416 |
Bank overdraft | 23,493 | 11,600 | 11,499 | 11,100 | 11,042 | 11,042 | 113,360 | 124,400 | 580,851 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,202 | 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 | 10,081 | 11,645 | 41,097 | 43,552 | 2,999 | 3,071 | 29,908 | 52,323 | 184,993 |
total current liabilities | 33,574 | 23,245 | 52,596 | 54,652 | 14,041 | 14,113 | 143,268 | 183,925 | 765,844 |
loans | 1,012,487 | 1,036,186 | 1,042,178 | 1,054,075 | 1,065,234 | 1,076,276 | 985,000 | 1,185,000 | 1,078,000 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 205,000 | 205,000 | 205,000 | 176,700 | 17,000 | 22,531 | 22,531 | 22,531 | 301 |
total long term liabilities | 1,217,487 | 1,241,186 | 1,247,178 | 1,230,775 | 1,082,234 | 1,098,807 | 1,007,531 | 1,207,531 | 1,078,301 |
total liabilities | 1,251,061 | 1,264,431 | 1,299,774 | 1,285,427 | 1,096,275 | 1,112,920 | 1,150,799 | 1,391,456 | 1,844,145 |
net assets | 979,644 | 968,081 | 965,759 | 1,118,935 | 278,999 | 293,996 | 304,675 | 345,280 | 83,271 |
total shareholders funds | 979,644 | 968,081 | 965,759 | 1,118,935 | 278,999 | 293,996 | 304,675 | 345,280 | 83,271 |
Dec 2023 | Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 3,524 | 2,496 | 4,258 | 3,690 | 4,613 | 5,606 | 2,980 | 1,012 | 9,082 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -673,277 | -708,051 | 1,381,328 |
Debtors | -3,441 | 86,728 | 116,447 | 47,598 | 9,682 | 44,226 | 465,864 | 141,922 | 46,307 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | -1,564 | -31,907 | -2,455 | 40,553 | -72 | -26,837 | -22,415 | -132,670 | 184,993 |
Deferred Taxes & Provisions | 0 | 28,300 | 28,300 | 159,700 | -5,531 | 0 | 0 | 22,230 | 301 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -7,202 | 7,202 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -23,699 | -17,889 | -11,897 | -11,159 | -11,042 | 91,276 | -200,000 | 107,000 | 1,078,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 5,158 | -151,438 | -148,141 | 155,180 | -36,711 | -88,718 | -87,029 | 214,340 | 6,940 |
overdraft | 11,893 | 500 | 399 | 58 | 0 | -102,318 | -11,040 | -456,451 | 580,851 |
change in cash | -6,735 | -151,938 | -148,540 | 155,122 | -36,711 | 13,600 | -75,989 | 670,791 | -573,911 |
corbyn apartments limited Credit Report and Business Information
Corbyn Apartments Limited Competitor Analysis
Perform a competitor analysis for corbyn apartments limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in SO17 area or any other competitors across 12 key performance metrics.
corbyn apartments limited Ownership
CORBYN APARTMENTS LIMITED group structure
Corbyn Apartments Limited has no subsidiary companies.
corbyn apartments limited directors
Corbyn Apartments Limited currently has 2 directors. The longest serving directors include Mr Piers Fitzwilliams (Dec 2014) and Mr Rory Fitzwilliams (Dec 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Piers Fitzwilliams | 64 years | Dec 2014 | - | Director | |
Mr Rory Fitzwilliams | 63 years | Dec 2014 | - | Director |
P&L
December 2023turnover
293.5k
+32%
operating profit
131.8k
0%
gross margin
68.9%
+2.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
979.6k
+0.01%
total assets
2.2m
0%
cash
17.7k
+0.41%
net assets
Total assets minus all liabilities
corbyn apartments limited company details
company number
09362977
Type
Private limited with Share Capital
industry
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
stag gates house, 63/64 the avenue, southampton, hampshire, SO17 1XS
Bank
-
Legal Advisor
-
corbyn apartments 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 corbyn apartments limited.
corbyn apartments 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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corbyn apartments limited Companies House Filings - See Documents
date | description | view/download |
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