stay belvedere hotels ltd
stay belvedere hotels ltd Company Information
Company Number
09943110
Website
sbhl.ukRegistered Address
3rd floor 45 albemarle street, mayfair, london, W1S 4JL
Industry
Hotels and similar accommodation
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
theset ltd 42.3%
gilini holdings ltd 17.5%
View Allstay belvedere hotels ltd Estimated Valuation
Pomanda estimates the enterprise value of STAY BELVEDERE HOTELS LTD at £13.5m based on a Turnover of £9.9m and 1.36x industry multiple (adjusted for size and gross margin).
stay belvedere hotels ltd Estimated Valuation
Pomanda estimates the enterprise value of STAY BELVEDERE HOTELS LTD at £0 based on an EBITDA of £-3.2m and a 5.64x industry multiple (adjusted for size and gross margin).
stay belvedere hotels ltd Estimated Valuation
Pomanda estimates the enterprise value of STAY BELVEDERE HOTELS LTD at £39.8m based on Net Assets of £20.3m and 1.96x industry multiple (adjusted for liquidity).
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Stay Belvedere Hotels Ltd Overview
Stay Belvedere Hotels Ltd is a live company located in london, W1S 4JL with a Companies House number of 09943110. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in January 2016, it's largest shareholder is theset ltd with a 42.3% stake. Stay Belvedere Hotels Ltd is a young, mid sized company, Pomanda has estimated its turnover at £9.9m with rapid growth in recent years.
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Stay Belvedere Hotels Ltd Health Check
Pomanda's financial health check has awarded Stay Belvedere Hotels Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £9.9m, make it larger than the average company (£5.5m)
- Stay Belvedere Hotels Ltd
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 163%, show it is growing at a faster rate (9.4%)
- Stay Belvedere Hotels Ltd
9.4% - Industry AVG
Production
with a gross margin of 63.4%, this company has a comparable cost of product (63.4%)
- Stay Belvedere Hotels Ltd
63.4% - Industry AVG
Profitability
an operating margin of -32.4% make it less profitable than the average company (8.2%)
- Stay Belvedere Hotels Ltd
8.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (81)
2 - Stay Belvedere Hotels Ltd
81 - Industry AVG
Pay Structure
on an average salary of £24.2k, the company has an equivalent pay structure (£24.2k)
- Stay Belvedere Hotels Ltd
£24.2k - Industry AVG
Efficiency
resulting in sales per employee of £5m, this is more efficient (£74.4k)
- Stay Belvedere Hotels Ltd
£74.4k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is later than average (7 days)
- Stay Belvedere Hotels Ltd
7 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Stay Belvedere Hotels Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Stay Belvedere Hotels Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (6 weeks)
37 weeks - Stay Belvedere Hotels Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (76.8%)
93.8% - Stay Belvedere Hotels Ltd
76.8% - Industry AVG
STAY BELVEDERE HOTELS LTD financials
Stay Belvedere Hotels Ltd's latest turnover from December 2023 is estimated at £9.9 million and the company has net assets of £20.3 million. According to their latest financial statements, Stay Belvedere Hotels Ltd has 2 employees and maintains cash reserves of £225.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Sep 2022 | Mar 2022 | Sep 2021 | Mar 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,334,762 | 395,769,130 | 308,820,588 | 104,810,594 | 76,510,246 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 0 | 355,204,109 | 277,834,437 | 95,413,214 | 71,960,172 | |||||
| Gross Profit | 2,334,762 | 40,565,021 | 30,986,151 | 9,397,380 | 4,550,074 | |||||
| Admin Expenses | 1,322,715 | 5,606,893 | 3,301,448 | 916,197 | 746,534 | |||||
| Operating Profit | 1,012,047 | 34,958,128 | 27,684,703 | 8,481,183 | 3,803,540 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 325 | |||||
| Pre-Tax Profit | 1,012,047 | 34,958,128 | 27,684,703 | 8,481,183 | 3,803,865 | |||||
| Tax | -354,091 | -6,809,877 | -5,279,989 | -1,608,051 | -669,913 | |||||
| Profit After Tax | 657,956 | 28,148,251 | 22,404,714 | 6,873,132 | 3,133,952 | |||||
| Dividends Paid | 0 | 28,350,000 | 16,568,068 | 2,500,000 | 0 | |||||
| Retained Profit | 657,956 | -201,749 | 5,836,646 | 4,373,132 | 3,133,952 | |||||
| Employee Costs | 67,884 | 136,691 | 0 | 0 | 88,838 | |||||
| Number Of Employees | 2 | 2 | 2 | 2 | 7 | 7 | ||||
| EBITDA* | 1,015,797 | 34,965,553 | 27,684,703 | 8,481,183 | 3,846,581 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Sep 2022 | Mar 2022 | Sep 2021 | Mar 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 87,734 | 26,400 | 30,150 | 37,575 | 45,000 | 3,291 | 46,332 | 50,406 | 79,594 | 89,205 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 87,734 | 26,400 | 30,150 | 37,575 | 45,000 | 3,291 | 46,332 | 50,406 | 79,594 | 89,205 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 502,967 | 62,616 | 2,744,210 | 1,824,190 | 5,578,338 | 633,132 | 20,980 | 2,157 | 15,141 | 15,854 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 103,600,760 | 29,911,491 | 43,886,286 | 37,392,946 | 23,038,405 | 18,749,923 | 0 | 0 | 0 | 0 |
| Cash | 225,055,226 | 264,477,075 | 299,938,087 | 152,349,937 | 27,710,923 | 8,904,209 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 329,158,953 | 294,451,182 | 346,568,583 | 191,567,073 | 56,327,666 | 28,287,264 | 20,980 | 2,157 | 15,141 | 15,854 |
| total assets | 329,246,687 | 294,477,582 | 346,598,733 | 191,604,648 | 56,372,666 | 28,290,555 | 67,312 | 52,563 | 94,735 | 105,059 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 90,992,842 | 5,540,538 | 12,953,353 | 2,235,936 | 33,434 | 34,127 | 44,549 | 10,618 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 308,956,773 | 280,951,362 | 242,737,627 | 172,994,897 | 36,186,746 | 23,195,184 | 0 | 0 | 0 | 0 |
| total current liabilities | 308,956,773 | 280,951,362 | 333,730,469 | 178,535,435 | 49,140,099 | 25,431,120 | 33,434 | 34,127 | 44,549 | 10,618 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 1,200 | 1,300 | 1,300 | 900 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 307,394 | 302,519 | 204,670 | 130,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 308,594 | 303,819 | 205,970 | 130,900 |
| total liabilities | 308,956,773 | 280,951,362 | 333,730,469 | 178,535,435 | 49,140,099 | 25,431,120 | 342,028 | 337,946 | 250,519 | 141,518 |
| net assets | 20,289,914 | 13,526,220 | 12,868,264 | 13,069,213 | 7,232,567 | 2,859,435 | -274,716 | -285,383 | -155,784 | -36,459 |
| total shareholders funds | 20,289,914 | 13,526,220 | 12,868,264 | 13,069,213 | 7,232,567 | 2,859,435 | -274,716 | -285,383 | -155,784 | -36,459 |
| Dec 2023 | Dec 2022 | Sep 2022 | Mar 2022 | Sep 2021 | Mar 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,012,047 | 34,958,128 | 27,684,703 | 8,481,183 | 3,803,540 | |||||
| Depreciation | 33,425 | 3,750 | 7,425 | 0 | 0 | 43,041 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | -354,091 | -6,809,877 | -5,279,989 | -1,608,051 | -669,913 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 74,129,620 | 1,357,364 | 18,013,753 | 10,600,393 | 28,595,763 | 19,362,075 | 18,823 | -12,984 | -713 | 15,854 |
| Creditors | 0 | -12,953,353 | 78,039,489 | -7,412,815 | 12,919,919 | 2,202,502 | -693 | -10,422 | 33,931 | 10,618 |
| Accruals and Deferred Income | 28,005,411 | 244,764,616 | 206,550,881 | 136,808,151 | 36,185,546 | 23,193,984 | -100 | 0 | 400 | 900 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 231,115,605 | 294,732,293 | 141,199,657 | 27,382,834 | 9,211,079 | |||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | |||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -307,394 | -307,394 | 4,875 | 97,849 | 74,670 | 130,000 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 325 | |||||
| cash flow from financing | 5,635,697 | 5,837,446 | 0 | 2,826,757 | -306,870 | |||||
| cash and cash equivalents | ||||||||||
| cash | -39,421,849 | 236,766,152 | 272,227,164 | 124,639,014 | 27,710,923 | 8,904,209 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -39,421,849 | 236,766,152 | 272,227,164 | 124,639,014 | 27,710,923 | 8,904,209 | 0 | 0 | 0 | 0 |
stay belvedere hotels ltd Credit Report and Business Information
Stay Belvedere Hotels Ltd Competitor Analysis
Perform a competitor analysis for stay belvedere hotels ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in W1S area or any other competitors across 12 key performance metrics.
stay belvedere hotels ltd Ownership
STAY BELVEDERE HOTELS LTD group structure
Stay Belvedere Hotels Ltd has no subsidiary companies.
Ultimate parent company
STAY BELVEDERE HOTELS LTD
09943110
stay belvedere hotels ltd directors
Stay Belvedere Hotels Ltd currently has 2 directors. The longest serving directors include Mr Bassam Gilini (Apr 2021) and Mr Safwan Adam (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bassam Gilini | England | 36 years | Apr 2021 | - | Director |
| Mr Safwan Adam | England | 36 years | Apr 2021 | - | Director |
P&L
December 2023turnover
9.9m
+325%
operating profit
-3.2m
0%
gross margin
63.5%
-36.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
20.3m
+0.5%
total assets
329.2m
+0.12%
cash
225.1m
-0.15%
net assets
Total assets minus all liabilities
Similar Companies
stay belvedere hotels ltd company details
company number
09943110
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
COOPER PARRY GROUP LIMITED
auditor
-
address
3rd floor 45 albemarle street, mayfair, london, W1S 4JL
Bank
-
Legal Advisor
MISHCON DE REYA LLP
stay belvedere hotels 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 stay belvedere hotels ltd.
stay belvedere hotels ltd Companies House Filings - See Documents
| date | description | view/download |
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