albion hastings ltd
albion hastings ltd Company Information
Company Number
09648753
Next Accounts
Mar 2025
Industry
Public houses and bars
Shareholders
jason prior
robert charles tipler
View AllGroup Structure
View All
Contact
Registered Address
33 george street, hastings, TN34 3EA
Website
www.albionhastings.comalbion hastings ltd Estimated Valuation
Pomanda estimates the enterprise value of ALBION HASTINGS LTD at £552.4k based on a Turnover of £867k and 0.64x industry multiple (adjusted for size and gross margin).
albion hastings ltd Estimated Valuation
Pomanda estimates the enterprise value of ALBION HASTINGS LTD at £522.9k based on an EBITDA of £124.8k and a 4.19x industry multiple (adjusted for size and gross margin).
albion hastings ltd Estimated Valuation
Pomanda estimates the enterprise value of ALBION HASTINGS LTD at £0 based on Net Assets of £-6k and 2.17x industry multiple (adjusted for liquidity).
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Albion Hastings Ltd Overview
Albion Hastings Ltd is a live company located in hastings, TN34 3EA with a Companies House number of 09648753. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2015, it's largest shareholder is jason prior with a 30% stake. Albion Hastings Ltd is a established, small sized company, Pomanda has estimated its turnover at £867k with declining growth in recent years.
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Albion Hastings Ltd Health Check
Pomanda's financial health check has awarded Albion Hastings Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £867k, make it larger than the average company (£557k)
- Albion Hastings Ltd
£557k - Industry AVG
Growth
3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (3.5%)
- Albion Hastings Ltd
3.5% - Industry AVG
Production
with a gross margin of 58.9%, this company has a comparable cost of product (58.9%)
- Albion Hastings Ltd
58.9% - Industry AVG
Profitability
an operating margin of 13.6% make it more profitable than the average company (6.9%)
- Albion Hastings Ltd
6.9% - Industry AVG
Employees
with 25 employees, this is above the industry average (15)
25 - Albion Hastings Ltd
15 - Industry AVG
Pay Structure
on an average salary of £15.4k, the company has an equivalent pay structure (£15.4k)
- Albion Hastings Ltd
£15.4k - Industry AVG
Efficiency
resulting in sales per employee of £34.7k, this is less efficient (£48k)
- Albion Hastings Ltd
£48k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Albion Hastings Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (54 days)
- Albion Hastings Ltd
54 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (17 days)
- Albion Hastings Ltd
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)
3 weeks - Albion Hastings Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.8%, this is a higher level of debt than the average (74.5%)
101.8% - Albion Hastings Ltd
74.5% - Industry AVG
ALBION HASTINGS LTD financials
Albion Hastings Ltd's latest turnover from June 2023 is estimated at £867 thousand and the company has net assets of -£6 thousand. According to their latest financial statements, Albion Hastings Ltd has 25 employees and maintains cash reserves of £20 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 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 | 25 | 23 | 15 | 16 | 18 | 18 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 191,628 | 193,465 | 196,751 | 97,049 | 107,833 | 126,475 | 134,046 | 131,225 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 7,046 | 7,046 | 0 | 0 | 7,046 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 198,674 | 200,511 | 196,751 | 97,049 | 114,879 | 126,475 | 134,046 | 131,225 |
| Stock & work in progress | 10,000 | 24,500 | 0 | 0 | 14,716 | 12,007 | 0 | 0 |
| Trade Debtors | 0 | 0 | 320,070 | 325,069 | 242,596 | 232,066 | 31,864 | 69,679 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 100,336 | 155,643 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 20,044 | 32,791 | 0 | 0 | 18,410 | 15,027 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 130,380 | 212,934 | 320,070 | 325,069 | 275,722 | 259,100 | 31,864 | 69,679 |
| total assets | 329,054 | 413,445 | 516,821 | 422,118 | 390,601 | 385,575 | 165,910 | 200,904 |
| Bank overdraft | 0 | 2,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,459 | 88,093 | 280,661 | 213,138 | 240,782 | 259,218 | 163,001 | 221,916 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 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 | 292,620 | 374,983 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 305,079 | 465,896 | 280,661 | 213,138 | 240,782 | 259,218 | 163,001 | 221,916 |
| loans | 29,926 | 39,678 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 2,500 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 220,179 | 170,179 | 102,225 | 0 | 0 | 0 |
| provisions | 0 | 0 | 2,500 | 2,500 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,926 | 39,678 | 222,679 | 172,679 | 104,725 | 104,725 | 0 | 0 |
| total liabilities | 335,005 | 505,574 | 503,340 | 385,817 | 345,507 | 363,943 | 163,001 | 221,916 |
| net assets | -5,951 | -92,129 | 13,481 | 36,301 | 45,094 | 21,632 | 2,909 | -21,012 |
| total shareholders funds | -5,951 | -92,129 | 13,481 | 36,301 | 45,094 | 21,632 | 2,909 | -21,012 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 7,251 | 7,712 | 13,594 | 13,271 | ||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | -14,500 | 24,500 | 0 | -14,716 | 2,709 | 12,007 | 0 | 0 |
| Debtors | -55,307 | -164,427 | -4,999 | 82,473 | 10,530 | 200,202 | -37,815 | 69,679 |
| Creditors | -75,634 | -192,568 | 67,523 | -27,644 | -18,436 | 96,217 | -58,915 | 221,916 |
| Accruals and Deferred Income | -82,363 | 374,983 | 0 | -2,500 | 2,500 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -2,500 | 0 | 2,500 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 7,046 | 0 | -7,046 | 7,046 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,752 | 39,678 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -220,179 | 50,000 | 67,954 | 102,225 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -12,747 | 32,791 | 0 | -18,410 | 3,383 | 15,027 | 0 | 0 |
| overdraft | -2,820 | 2,820 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -9,927 | 29,971 | 0 | -18,410 | 3,383 | 15,027 | 0 | 0 |
albion hastings ltd Credit Report and Business Information
Albion Hastings Ltd Competitor Analysis
Perform a competitor analysis for albion hastings ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TN34 area or any other competitors across 12 key performance metrics.
albion hastings ltd Ownership
ALBION HASTINGS LTD group structure
Albion Hastings Ltd has no subsidiary companies.
Ultimate parent company
ALBION HASTINGS LTD
09648753
albion hastings ltd directors
Albion Hastings Ltd currently has 3 directors. The longest serving directors include Mr Adam Daly (Jun 2015) and Mr Robert Tipler (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Daly | England | 57 years | Jun 2015 | - | Director |
| Mr Robert Tipler | England | 64 years | Jun 2015 | - | Director |
| Mrs Isabel Tipler | England | 35 years | Aug 2018 | - | Director |
P&L
June 2023turnover
867k
+34%
operating profit
117.6k
0%
gross margin
59%
-1.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-6k
-0.94%
total assets
329.1k
-0.2%
cash
20k
-0.39%
net assets
Total assets minus all liabilities
albion hastings ltd company details
company number
09648753
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
33 george street, hastings, TN34 3EA
Bank
-
Legal Advisor
-
albion hastings ltd 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 albion hastings ltd.
albion hastings ltd 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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albion hastings ltd Companies House Filings - See Documents
| date | description | view/download |
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