luton operating company limited
luton operating company limited Company Information
Company Number
10176900
Next Accounts
Sep 2025
Directors
Shareholders
openwide investments limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
elsie whiteley innovation centre, office 1, halifax, HX1 5ER
Website
-luton operating company limited Estimated Valuation
Pomanda estimates the enterprise value of LUTON OPERATING COMPANY LIMITED at £598.1k based on a Turnover of £529.2k and 1.13x industry multiple (adjusted for size and gross margin).
luton operating company limited Estimated Valuation
Pomanda estimates the enterprise value of LUTON OPERATING COMPANY LIMITED at £3.6m based on an EBITDA of £817.2k and a 4.44x industry multiple (adjusted for size and gross margin).
luton operating company limited Estimated Valuation
Pomanda estimates the enterprise value of LUTON OPERATING COMPANY LIMITED at £0 based on Net Assets of £-150.6k and 2.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Luton Operating Company Limited Overview
Luton Operating Company Limited is a live company located in halifax, HX1 5ER with a Companies House number of 10176900. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2016, it's largest shareholder is openwide investments limited with a 100% stake. Luton Operating Company Limited is a young, small sized company, Pomanda has estimated its turnover at £529.2k with high growth in recent years.
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Luton Operating Company Limited Health Check
Pomanda's financial health check has awarded Luton Operating Company Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £529.2k, make it smaller than the average company (£5.5m)
- Luton Operating Company Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (11.8%)
- Luton Operating Company Limited
11.8% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
- Luton Operating Company Limited
64.1% - Industry AVG
Profitability
an operating margin of 152.8% make it more profitable than the average company (8.3%)
- Luton Operating Company Limited
8.3% - Industry AVG
Employees
with 10 employees, this is below the industry average (82)
10 - Luton Operating Company Limited
82 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- Luton Operating Company Limited
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £52.9k, this is less efficient (£76k)
- Luton Operating Company Limited
£76k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (8 days)
- Luton Operating Company Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 282 days, this is slower than average (45 days)
- Luton Operating Company Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Luton Operating Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (6 weeks)
19 weeks - Luton Operating Company Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.2%, this is a higher level of debt than the average (76.4%)
118.2% - Luton Operating Company Limited
76.4% - Industry AVG
LUTON OPERATING COMPANY LIMITED financials
Luton Operating Company Limited's latest turnover from December 2023 is estimated at £529.2 thousand and the company has net assets of -£150.6 thousand. According to their latest financial statements, Luton Operating Company Limited has 10 employees and maintains cash reserves of £365.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 10 | 11 | 11 | 10 | 13 | 12 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 401,904 | 410,572 | 5,429 | 6,598 | 8,039 | 9,816 | 9,367 | |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 401,904 | 410,572 | 5,429 | 6,598 | 8,039 | 9,816 | 9,367 | |
| Stock & work in progress | 760 | 1,251 | 1,251 | 1,251 | 1,147 | |||
| Trade Debtors | 5,069 | 136 | 18,936 | 48 | 6,124 | 35,323 | 29,345 | |
| Group Debtors | 10,414 | |||||||
| Misc Debtors | 43,729 | 86,693 | 84,583 | 46,961 | 92,951 | 139,012 | 99,115 | 100 |
| Cash | 365,830 | 233,484 | 653,794 | 37,935 | 369,296 | 553,982 | 327,111 | |
| misc current assets | ||||||||
| total current assets | 425,042 | 320,313 | 758,073 | 86,195 | 469,622 | 729,568 | 456,718 | 100 |
| total assets | 826,946 | 730,885 | 763,502 | 92,793 | 477,661 | 739,384 | 466,085 | 100 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 147,147 | 109,860 | 133,380 | 44,374 | 66,170 | 41,448 | 50,058 | |
| Group/Directors Accounts | 778,012 | 355,840 | 178,000 | 178,000 | 178,000 | 298,000 | ||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 829,998 | 610,447 | 576,214 | 105,476 | 205,090 | 453,809 | 226,568 | |
| total current liabilities | 977,145 | 1,498,319 | 1,065,434 | 327,850 | 449,260 | 673,257 | 574,626 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 385 | 1,367 | 1,367 | 1,367 | 1,367 | |||
| total long term liabilities | 385 | 1,367 | 1,367 | 1,367 | 1,367 | |||
| total liabilities | 977,530 | 1,499,686 | 1,066,801 | 329,217 | 450,627 | 673,257 | 574,626 | |
| net assets | -150,584 | -768,801 | -303,299 | -236,424 | 27,034 | 66,127 | -108,541 | 100 |
| total shareholders funds | -150,584 | -768,801 | -303,299 | -236,424 | 27,034 | 66,127 | -108,541 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 8,668 | 9,277 | 1,169 | 1,441 | 1,777 | 1,611 | 2,342 | |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -760 | -491 | 104 | 1,147 | ||||
| Debtors | -27,617 | -16,690 | 56,510 | -52,066 | -75,260 | 45,875 | 128,360 | 100 |
| Creditors | 37,287 | -23,520 | 89,006 | -21,796 | 24,722 | -8,610 | 50,058 | |
| Accruals and Deferred Income | 219,551 | 34,233 | 470,738 | -99,614 | -248,719 | 227,241 | 226,568 | |
| Deferred Taxes & Provisions | -982 | 1,367 | ||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -778,012 | 422,172 | 177,840 | -120,000 | 298,000 | |||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 132,346 | -420,310 | 615,859 | -331,361 | -184,686 | 226,871 | 327,111 | |
| overdraft | ||||||||
| change in cash | 132,346 | -420,310 | 615,859 | -331,361 | -184,686 | 226,871 | 327,111 |
luton operating company limited Credit Report and Business Information
Luton Operating Company Limited Competitor Analysis
Perform a competitor analysis for luton operating company limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in HX1 area or any other competitors across 12 key performance metrics.
luton operating company limited Ownership
LUTON OPERATING COMPANY LIMITED group structure
Luton Operating Company Limited has no subsidiary companies.
Ultimate parent company
OPENWIDE INVESTMENTS LTD
#0108110
1 parent
LUTON OPERATING COMPANY LIMITED
10176900
luton operating company limited directors
Luton Operating Company Limited currently has 1 director, Mr Babak Mazloom serving since Aug 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Babak Mazloom | United Kingdom | 62 years | Aug 2021 | - | Director |
P&L
December 2023turnover
529.2k
+31%
operating profit
808.6k
0%
gross margin
64.2%
+4.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-150.6k
-0.8%
total assets
826.9k
+0.13%
cash
365.8k
+0.57%
net assets
Total assets minus all liabilities
luton operating company limited company details
company number
10176900
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
KRA AUDIT SERVICES
auditor
-
address
elsie whiteley innovation centre, office 1, halifax, HX1 5ER
Bank
-
Legal Advisor
-
luton operating company 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 4 charges/mortgages relating to luton operating company limited. Currently there are 1 open charges and 3 have been satisfied in the past.
luton operating company 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.
Click to start generating capital raising & share issue transactions for LUTON OPERATING COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
luton operating company limited Companies House Filings - See Documents
| date | description | view/download |
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