chic suites ltd Company Information
Company Number
10286254
Website
-Registered Address
c/o property accounts limited, 59 castle street, reading, RG1 7SN
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
rachel snee 50%
emily snee 50%
chic suites ltd Estimated Valuation
Pomanda estimates the enterprise value of CHIC SUITES LTD at £203.3k based on a Turnover of £91.5k and 2.22x industry multiple (adjusted for size and gross margin).
chic suites ltd Estimated Valuation
Pomanda estimates the enterprise value of CHIC SUITES LTD at £0 based on an EBITDA of £-2.3k and a 5.08x industry multiple (adjusted for size and gross margin).
chic suites ltd Estimated Valuation
Pomanda estimates the enterprise value of CHIC SUITES LTD at £0 based on Net Assets of £-164.9k and 1.62x industry multiple (adjusted for liquidity).
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Chic Suites Ltd Overview
Chic Suites Ltd is a live company located in reading, RG1 7SN with a Companies House number of 10286254. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2016, it's largest shareholder is rachel snee with a 50% stake. Chic Suites Ltd is a young, micro sized company, Pomanda has estimated its turnover at £91.5k with declining growth in recent years.
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Chic Suites Ltd Health Check
Pomanda's financial health check has awarded Chic Suites Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £91.5k, make it smaller than the average company (£994.7k)
- Chic Suites Ltd
£994.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (3.3%)
- Chic Suites Ltd
3.3% - Industry AVG
Production
with a gross margin of 31%, this company has a higher cost of product (74%)
- Chic Suites Ltd
74% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (25.8%)
- Chic Suites Ltd
25.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Chic Suites Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Chic Suites Ltd
£33k - Industry AVG
Efficiency
resulting in sales per employee of £45.7k, this is less efficient (£199k)
- Chic Suites Ltd
£199k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (32 days)
- Chic Suites Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 939 days, this is slower than average (35 days)
- Chic Suites Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chic Suites Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Chic Suites Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4278.5%, this is a higher level of debt than the average (69.4%)
4278.5% - Chic Suites Ltd
69.4% - Industry AVG
CHIC SUITES LTD financials
Chic Suites Ltd's latest turnover from December 2023 is estimated at £91.5 thousand and the company has net assets of -£164.9 thousand. According to their latest financial statements, Chic Suites Ltd has 2 employees and maintains cash reserves of 0 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 | |
---|---|---|---|---|---|---|---|
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 | 2 | 2 | 2 | 2 | 2 | 2 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 9,362 | 27,323 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 9,362 | 27,323 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 3,946 | 3,884 | 4,106 | 0 | 0 | 0 | 1,558 |
Group Debtors | 0 | 0 | 0 | 2,578 | 2,578 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 1,252 | 3 | 904 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,946 | 3,884 | 4,106 | 3,830 | 2,581 | 904 | 1,558 |
total assets | 3,946 | 3,884 | 4,106 | 3,830 | 2,581 | 10,266 | 28,881 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 162,312 | 159,163 | 159,494 | 0 | 0 | 0 | 154,507 |
Group/Directors Accounts | 0 | 0 | 0 | 145,319 | 149,002 | 144,642 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 2,468 | 6,453 | 6,819 | 0 |
total current liabilities | 162,312 | 159,163 | 159,494 | 147,787 | 155,455 | 151,461 | 154,507 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 1,440 |
other liabilities | 6,519 | 7,317 | 6,850 | 8,162 | 2,065 | 2,183 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 6,519 | 7,317 | 6,850 | 8,162 | 2,065 | 2,183 | 1,440 |
total liabilities | 168,831 | 166,480 | 166,344 | 155,949 | 157,520 | 153,644 | 155,947 |
net assets | -164,885 | -162,596 | -162,238 | -152,119 | -154,939 | -143,378 | -127,066 |
total shareholders funds | -164,885 | -162,596 | -162,238 | -152,119 | -154,939 | -143,378 | -127,066 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | |||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 62 | -222 | 1,528 | 0 | 2,578 | -1,558 | 1,558 |
Creditors | 3,149 | -331 | 159,494 | 0 | 0 | -154,507 | 154,507 |
Accruals and Deferred Income | 0 | 0 | -2,468 | -3,985 | -366 | 5,379 | 1,440 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | -145,319 | -3,683 | 4,360 | 144,642 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -798 | 467 | -1,312 | 6,097 | -118 | 2,183 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | 0 | 0 | -1,252 | 1,249 | -901 | 904 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | -1,252 | 1,249 | -901 | 904 | 0 |
chic suites ltd Credit Report and Business Information
Chic Suites Ltd Competitor Analysis
Perform a competitor analysis for chic suites ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG1 area or any other competitors across 12 key performance metrics.
chic suites ltd Ownership
CHIC SUITES LTD group structure
Chic Suites Ltd has no subsidiary companies.
Ultimate parent company
CHIC SUITES LTD
10286254
chic suites ltd directors
Chic Suites Ltd currently has 2 directors. The longest serving directors include Ms Rachel Snee (Jul 2016) and Ms Emily Snee (Jul 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Rachel Snee | England | 65 years | Jul 2016 | - | Director |
Ms Emily Snee | England | 32 years | Jul 2016 | - | Director |
P&L
December 2023turnover
91.5k
0%
operating profit
-2.3k
0%
gross margin
31.1%
+24.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-164.9k
+0.01%
total assets
3.9k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
chic suites ltd company details
company number
10286254
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
PROPERTY ACCOUNTS LIMITED
auditor
-
address
c/o property accounts limited, 59 castle street, reading, RG1 7SN
Bank
-
Legal Advisor
-
chic suites 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 chic suites ltd.
chic suites ltd Companies House Filings - See Documents
date | description | view/download |
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