bath resorts limited
bath resorts limited Company Information
Company Number
09578129
Website
-Registered Address
kirkland house, 11-15 peterborough road, harrow, middlesex, HA1 2AX
Industry
Hotels and similar accommodation
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Khurshied Alam1 Years
Shareholders
alkala investments limited 100%
bath resorts limited Estimated Valuation
Pomanda estimates the enterprise value of BATH RESORTS LIMITED at £377.4k based on a Turnover of £340.7k and 1.11x industry multiple (adjusted for size and gross margin).
bath resorts limited Estimated Valuation
Pomanda estimates the enterprise value of BATH RESORTS LIMITED at £471.3k based on an EBITDA of £103k and a 4.58x industry multiple (adjusted for size and gross margin).
bath resorts limited Estimated Valuation
Pomanda estimates the enterprise value of BATH RESORTS LIMITED at £3.4m based on Net Assets of £1.8m and 1.96x industry multiple (adjusted for liquidity).
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Bath Resorts Limited Overview
Bath Resorts Limited is a live company located in harrow, HA1 2AX with a Companies House number of 09578129. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2015, it's largest shareholder is alkala investments limited with a 100% stake. Bath Resorts Limited is a young, micro sized company, Pomanda has estimated its turnover at £340.7k with high growth in recent years.
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Bath Resorts Limited Health Check
Pomanda's financial health check has awarded Bath Resorts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
2 Weak
Size
annual sales of £340.7k, make it smaller than the average company (£4.9m)
- Bath Resorts Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (2.2%)
- Bath Resorts Limited
2.2% - Industry AVG
Production
with a gross margin of 62.1%, this company has a comparable cost of product (62.1%)
- Bath Resorts Limited
62.1% - Industry AVG
Profitability
an operating margin of 30.2% make it more profitable than the average company (8.7%)
- Bath Resorts Limited
8.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (76)
5 - Bath Resorts Limited
76 - Industry AVG
Pay Structure
on an average salary of £22.4k, the company has an equivalent pay structure (£22.4k)
- Bath Resorts Limited
£22.4k - Industry AVG
Efficiency
resulting in sales per employee of £68.1k, this is equally as efficient (£68.1k)
- Bath Resorts Limited
£68.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Bath Resorts Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bath Resorts Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bath Resorts Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bath Resorts Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.1%, this is a similar level of debt than the average (76.5%)
80.1% - Bath Resorts Limited
76.5% - Industry AVG
BATH RESORTS LIMITED financials
Bath Resorts Limited's latest turnover from May 2023 is estimated at £340.7 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Bath Resorts Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 310,236 | |||||||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 0 | |||||||
| Gross Profit | 310,236 | |||||||
| Admin Expenses | -330,954 | |||||||
| Operating Profit | 641,190 | |||||||
| Interest Payable | 91,117 | |||||||
| Interest Receivable | 0 | |||||||
| Pre-Tax Profit | 550,073 | |||||||
| Tax | -93,834 | |||||||
| Profit After Tax | 456,239 | |||||||
| Dividends Paid | 0 | |||||||
| Retained Profit | 456,239 | |||||||
| Employee Costs | 0 | 0 | 0 | |||||
| Number Of Employees | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| EBITDA* | 641,190 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 8,750,000 | 8,750,000 | 7,750,000 | 7,750,000 | 8,050,000 | 7,750,000 | 7,750,000 | 7,750,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,750,000 | 8,750,000 | 7,750,000 | 7,750,000 | 8,050,000 | 7,750,000 | 7,750,000 | 7,750,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 15,000 | 0 | 0 | 168 | 18,470 | 57 | 0 |
| Group Debtors | 0 | 0 | 22,552 | 33,500 | 0 | 0 | 0 | 0 |
| Misc Debtors | 45,930 | 54,435 | 77,697 | 20,316 | 92,343 | 75,232 | 36,436 | 114,027 |
| Cash | 0 | 267,751 | 191,664 | 137,406 | 118,228 | 95,572 | 139,636 | 136,761 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 840 | 0 | 0 |
| total current assets | 45,930 | 337,186 | 291,913 | 191,222 | 210,739 | 190,114 | 176,129 | 250,788 |
| total assets | 8,795,930 | 9,087,186 | 8,041,913 | 7,941,222 | 8,260,739 | 7,940,114 | 7,926,129 | 8,000,788 |
| Bank overdraft | 0 | 0 | 0 | 0 | 67,000 | 67,000 | 67,000 | 67,000 |
| Bank loan | 0 | 3,564,500 | 3,631,500 | 3,698,500 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1 | 1,360 | 2,184 | 0 | 0 | 86,711 | 152,710 |
| Group/Directors Accounts | 0 | 1,137,178 | 841,640 | 841,640 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 45,855 | 132,036 | 283,990 | 243,467 | 487,413 | 238,486 | 182,680 | 244,898 |
| total current liabilities | 45,855 | 4,833,715 | 4,758,490 | 4,785,791 | 554,413 | 305,486 | 336,391 | 464,608 |
| loans | 0 | 0 | 0 | 2,200,000 | 6,859,499 | 6,887,611 | 6,966,281 | 7,029,811 |
| 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 | 6,774,759 | 2,200,000 | 2,200,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 223,360 | 223,360 | 0 | 0 | 0 | 0 | 767 | 50,129 |
| total long term liabilities | 6,998,119 | 2,423,360 | 2,200,000 | 2,200,000 | 6,859,499 | 6,887,611 | 6,967,048 | 7,079,940 |
| total liabilities | 7,043,974 | 7,257,075 | 6,958,490 | 6,985,791 | 7,413,912 | 7,193,097 | 7,303,439 | 7,544,548 |
| net assets | 1,751,956 | 1,830,111 | 1,083,423 | 955,431 | 846,827 | 747,017 | 622,690 | 456,240 |
| total shareholders funds | 1,751,956 | 1,830,111 | 1,083,423 | 955,431 | 846,827 | 747,017 | 622,690 | 456,240 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 641,190 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -93,834 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -23,505 | -30,814 | 46,433 | -38,695 | -1,191 | 57,209 | -77,534 | 114,027 |
| Creditors | -1 | -1,359 | -824 | 2,184 | 0 | -86,711 | -65,999 | 152,710 |
| Accruals and Deferred Income | -86,181 | -151,954 | 40,523 | -243,946 | 248,927 | 55,806 | -62,218 | 244,898 |
| Deferred Taxes & Provisions | 0 | 223,360 | 0 | 0 | 0 | -767 | -49,362 | 50,129 |
| Cash flow from operations | 881,066 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 1,000,000 | 0 | -300,000 | 300,000 | 0 | 0 | 7,750,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -3,564,500 | -67,000 | -67,000 | 3,698,500 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,137,178 | 295,538 | 0 | 841,640 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -2,200,000 | -4,659,499 | -28,112 | -78,670 | -63,530 | 7,029,811 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 4,574,759 | 0 | 2,200,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -91,117 | |||||||
| cash flow from financing | 6,938,695 | |||||||
| cash and cash equivalents | ||||||||
| cash | -267,751 | 76,087 | 54,258 | 19,178 | 22,656 | -44,064 | 2,875 | 136,761 |
| overdraft | 0 | 0 | 0 | -67,000 | 0 | 0 | 0 | 67,000 |
| change in cash | -267,751 | 76,087 | 54,258 | 86,178 | 22,656 | -44,064 | 2,875 | 69,761 |
bath resorts limited Credit Report and Business Information
Bath Resorts Limited Competitor Analysis
Perform a competitor analysis for bath resorts limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
bath resorts limited Ownership
BATH RESORTS LIMITED group structure
Bath Resorts Limited has 1 subsidiary company.
Ultimate parent company
ALKALA INVESTMENTS LTD
#0131430
1 parent
BATH RESORTS LIMITED
09578129
1 subsidiary
bath resorts limited directors
Bath Resorts Limited currently has 1 director, Mr Khurshied Alam serving since Apr 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Khurshied Alam | Scotland | 69 years | Apr 2023 | - | Director |
P&L
May 2023turnover
340.7k
+8%
operating profit
103k
0%
gross margin
62.1%
+4.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.8m
-0.04%
total assets
8.8m
-0.03%
cash
0
-1%
net assets
Total assets minus all liabilities
bath resorts limited company details
company number
09578129
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
truman euro finance limited (June 2015)
accountant
JOHN CUMMING ROSS LIMITED
auditor
-
address
kirkland house, 11-15 peterborough road, harrow, middlesex, HA1 2AX
Bank
HABIB BANK ZURICH
Legal Advisor
-
bath resorts 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 bath resorts limited. Currently there are 1 open charges and 4 have been satisfied in the past.
bath resorts limited Companies House Filings - See Documents
| date | description | view/download |
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