clifton hotel limited
clifton hotel limited Company Information
Company Number
10267686
Next Accounts
103 days late
Directors
Shareholders
kanagaratnam rajamenon
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
1-6 best western clifton hotel, clifton gardens, folkestone, CT20 2EB
Website
cliftonhotels.comclifton hotel limited Estimated Valuation
Pomanda estimates the enterprise value of CLIFTON HOTEL LIMITED at £3.2m based on a Turnover of £3.2m and 1.01x industry multiple (adjusted for size and gross margin).
clifton hotel limited Estimated Valuation
Pomanda estimates the enterprise value of CLIFTON HOTEL LIMITED at £1.5m based on an EBITDA of £371.2k and a 4.03x industry multiple (adjusted for size and gross margin).
clifton hotel limited Estimated Valuation
Pomanda estimates the enterprise value of CLIFTON HOTEL LIMITED at £428.2k based on Net Assets of £205.1k and 2.09x industry multiple (adjusted for liquidity).
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Clifton Hotel Limited Overview
Clifton Hotel Limited is a live company located in folkestone, CT20 2EB with a Companies House number of 10267686. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in July 2016, it's largest shareholder is kanagaratnam rajamenon with a 100% stake. Clifton Hotel Limited is a young, small sized company, Pomanda has estimated its turnover at £3.2m with high growth in recent years.
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Clifton Hotel Limited Health Check
Pomanda's financial health check has awarded Clifton Hotel Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £3.2m, make it smaller than the average company (£4.7m)
- Clifton Hotel Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (1.6%)
- Clifton Hotel Limited
1.6% - Industry AVG
Production
with a gross margin of 44.3%, this company has a higher cost of product (63.8%)
- Clifton Hotel Limited
63.8% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (9.4%)
- Clifton Hotel Limited
9.4% - Industry AVG
Employees
with 52 employees, this is below the industry average (77)
52 - Clifton Hotel Limited
77 - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)
- Clifton Hotel Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £61.7k, this is equally as efficient (£65k)
- Clifton Hotel Limited
£65k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (8 days)
- Clifton Hotel Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (50 days)
- Clifton Hotel Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clifton Hotel Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (8 weeks)
13 weeks - Clifton Hotel Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.3%, this is a higher level of debt than the average (74.5%)
96.3% - Clifton Hotel Limited
74.5% - Industry AVG
CLIFTON HOTEL LIMITED financials
Clifton Hotel Limited's latest turnover from March 2023 is estimated at £3.2 million and the company has net assets of £205.1 thousand. According to their latest financial statements, Clifton Hotel Limited has 52 employees and maintains cash reserves of £98.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 52 | 53 | 37 | 44 | 45 | 85 | 29 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,061,676 | 3,779,667 | 3,938,234 | 4,149,159 | 4,256,794 | 4,033,755 | 2,797,250 |
| Intangible Assets | 192,000 | 140,000 | 150,000 | 160,000 | 170,000 | 180,000 | 190,000 |
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 5,253,676 | 3,919,667 | 4,088,234 | 4,309,159 | 4,426,794 | 4,213,755 | 2,987,250 |
| Stock & work in progress | 31,148 | 46,314 | 41,250 | 21,737 | 16,941 | ||
| Trade Debtors | 241,636 | 117,252 | 72,021 | 113,550 | 20,340 | 55,612 | 17,979 |
| Group Debtors | |||||||
| Misc Debtors | 70,979 | 23,959 | 35,303 | ||||
| Cash | 98,450 | 80,695 | 47,640 | 1,739 | 4,012 | 2,844 | 1,424 |
| misc current assets | |||||||
| total current assets | 340,086 | 229,095 | 165,975 | 156,539 | 117,068 | 99,356 | 54,706 |
| total assets | 5,593,762 | 4,148,762 | 4,254,209 | 4,465,698 | 4,543,862 | 4,313,111 | 3,041,956 |
| Bank overdraft | 168,967 | 168,967 | 33,536 | ||||
| Bank loan | |||||||
| Trade Creditors | 391,169 | 499,145 | 386,093 | 622,989 | 139,154 | 174,281 | 66,674 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 209,636 | 76,503 | 58,517 | ||||
| total current liabilities | 391,169 | 499,145 | 386,093 | 622,989 | 517,757 | 419,751 | 158,727 |
| loans | 4,441,572 | 4,074,315 | 2,997,392 | ||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 4,997,522 | 4,075,581 | 4,410,281 | 4,288,859 | 127,098 | 227,976 | |
| provisions | |||||||
| total long term liabilities | 4,997,522 | 4,075,581 | 4,410,281 | 4,288,859 | 4,568,670 | 4,302,291 | 2,997,392 |
| total liabilities | 5,388,691 | 4,574,726 | 4,796,374 | 4,911,848 | 5,086,427 | 4,722,042 | 3,156,119 |
| net assets | 205,071 | -425,964 | -542,165 | -446,150 | -542,565 | -408,931 | -114,163 |
| total shareholders funds | 205,071 | -425,964 | -542,165 | -446,150 | -542,565 | -408,931 | -114,163 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 323,692 | 228,277 | 229,514 | 267,448 | 283,474 | 244,113 | |
| Amortisation | 13,000 | 10,000 | 10,000 | 10,000 | 10,000 | ||
| Tax | |||||||
| Stock | -31,148 | -15,166 | 5,064 | 19,513 | 4,796 | 16,941 | |
| Debtors | 124,384 | 45,231 | -41,529 | 22,231 | 11,748 | 26,289 | 53,282 |
| Creditors | -107,976 | 113,052 | -236,896 | 483,835 | -35,127 | 107,607 | 66,674 |
| Accruals and Deferred Income | -209,636 | 133,133 | 17,986 | 58,517 | |||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -4,441,572 | 367,257 | 1,076,923 | 2,997,392 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | 921,941 | -334,700 | 121,422 | 4,161,761 | -100,878 | 227,976 | |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 17,755 | 33,055 | 45,901 | -2,273 | 1,168 | 1,420 | 1,424 |
| overdraft | -168,967 | 135,431 | 33,536 | ||||
| change in cash | 17,755 | 33,055 | 45,901 | 166,694 | 1,168 | -134,011 | -32,112 |
clifton hotel limited Credit Report and Business Information
Clifton Hotel Limited Competitor Analysis
Perform a competitor analysis for clifton hotel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in CT20 area or any other competitors across 12 key performance metrics.
clifton hotel limited Ownership
CLIFTON HOTEL LIMITED group structure
Clifton Hotel Limited has no subsidiary companies.
Ultimate parent company
CLIFTON HOTEL LIMITED
10267686
clifton hotel limited directors
Clifton Hotel Limited currently has 1 director, Mr Kanagaratnam Rajamenon serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kanagaratnam Rajamenon | United Kingdom | 61 years | Jul 2016 | - | Director |
P&L
March 2023turnover
3.2m
+107%
operating profit
34.5k
0%
gross margin
44.3%
+26.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
205.1k
-1.48%
total assets
5.6m
+0.35%
cash
98.5k
+0.22%
net assets
Total assets minus all liabilities
clifton hotel limited company details
company number
10267686
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
1-6 best western clifton hotel, clifton gardens, folkestone, CT20 2EB
Bank
-
Legal Advisor
-
clifton hotel 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 3 charges/mortgages relating to clifton hotel limited. Currently there are 3 open charges and 0 have been satisfied in the past.
clifton hotel 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 CLIFTON HOTEL LIMITED. This can take several minutes, an email will notify you when this has completed.
clifton hotel limited Companies House Filings - See Documents
| date | description | view/download |
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