the wolseley hospitality group holdings limited
the wolseley hospitality group holdings limited Company Information
Company Number
10297620
Registered Address
157-160 piccadilly, london, W1J 9EB
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Activities of head offices
Telephone
442076471810
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mi squared limited 100%
the wolseley hospitality group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of THE WOLSELEY HOSPITALITY GROUP HOLDINGS LIMITED at £183.3m based on a Turnover of £53.7m and 3.42x industry multiple (adjusted for size and gross margin).
the wolseley hospitality group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of THE WOLSELEY HOSPITALITY GROUP HOLDINGS LIMITED at £80.1m based on an EBITDA of £8.1m and a 9.9x industry multiple (adjusted for size and gross margin).
the wolseley hospitality group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of THE WOLSELEY HOSPITALITY GROUP HOLDINGS LIMITED at £0 based on Net Assets of £-35.2m and 2.97x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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The Wolseley Hospitality Group Holdings Limited Overview
The Wolseley Hospitality Group Holdings Limited is a live company located in london, W1J 9EB with a Companies House number of 10297620. It operates in the licenced restaurants sector, SIC Code 56101. Founded in July 2016, it's largest shareholder is mi squared limited with a 100% stake. The Wolseley Hospitality Group Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £53.7m with unknown growth in recent years.
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The Wolseley Hospitality Group Holdings Limited Health Check
Pomanda's financial health check has awarded The Wolseley Hospitality Group Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £53.7m, make it larger than the average company (£13.3m)
£53.7m - The Wolseley Hospitality Group Holdings Limited
£13.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Wolseley Hospitality Group Holdings Limited
- - Industry AVG
Production
with a gross margin of 40%, this company has a comparable cost of product (41.3%)
40% - The Wolseley Hospitality Group Holdings Limited
41.3% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (5.4%)
11% - The Wolseley Hospitality Group Holdings Limited
5.4% - Industry AVG
Employees
with 835 employees, this is above the industry average (87)
835 - The Wolseley Hospitality Group Holdings Limited
87 - Industry AVG
Pay Structure
on an average salary of £23.9k, the company has a lower pay structure (£35.4k)
£23.9k - The Wolseley Hospitality Group Holdings Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £64.3k, this is less efficient (£137.9k)
£64.3k - The Wolseley Hospitality Group Holdings Limited
£137.9k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (33 days)
6 days - The Wolseley Hospitality Group Holdings Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is close to average (49 days)
51 days - The Wolseley Hospitality Group Holdings Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (35 days)
12 days - The Wolseley Hospitality Group Holdings Limited
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (15 weeks)
26 weeks - The Wolseley Hospitality Group Holdings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 207.7%, this is a higher level of debt than the average (70.6%)
207.7% - The Wolseley Hospitality Group Holdings Limited
70.6% - Industry AVG
the wolseley hospitality group holdings limited Credit Report and Business Information
The Wolseley Hospitality Group Holdings Limited Competitor Analysis
Perform a competitor analysis for the wolseley hospitality group holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the wolseley hospitality group holdings limited Ownership
THE WOLSELEY HOSPITALITY GROUP HOLDINGS LIMITED group structure
The Wolseley Hospitality Group Holdings Limited has 1 subsidiary company.
Ultimate parent company
MINOR INTERNATIONAL PLC
#0046377
MI SQUARED LTD
#0058985
2 parents
THE WOLSELEY HOSPITALITY GROUP HOLDINGS LIMITED
10297620
1 subsidiary
the wolseley hospitality group holdings limited directors
The Wolseley Hospitality Group Holdings Limited currently has 5 directors. The longest serving directors include Mr Stephen Chojnacki (Apr 2022) and Mr Emmanuel Rajakarier (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Chojnacki | Thailand | 51 years | Apr 2022 | - | Director |
| Mr Emmanuel Rajakarier | Thailand | 58 years | Apr 2022 | - | Director |
| Mr Kosin Chantikul | Thailand | 42 years | Apr 2022 | - | Director |
| Mr William Heinecke | Thailand | 75 years | Apr 2022 | - | Director |
| Mr Baton Berisha | United Kingdom | 42 years | Sep 2022 | - | Director |
THE WOLSELEY HOSPITALITY GROUP HOLDINGS LIMITED financials
The Wolseley Hospitality Group Holdings Limited's latest turnover from December 2022 is £53.7 million and the company has net assets of -£35.2 million. According to their latest financial statements, The Wolseley Hospitality Group Holdings Limited has 835 employees and maintains cash reserves of £8.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 53,674,320 | 33,398,704 | 0 | 0 | 0 | 0 | 45,473,172 | 42,256,369 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 32,187,677 | 20,833,472 | 25,320,377 | 23,726,521 | ||||
| Gross Profit | 21,486,643 | 12,565,232 | 20,152,795 | 18,529,848 | ||||
| Admin Expenses | 15,598,794 | 14,445,292 | 20,770,407 | 26,382,101 | ||||
| Operating Profit | 5,887,849 | -1,880,060 | -3,658 | -7,114,475 | -4,574,319 | -11,710 | -617,612 | -7,852,253 |
| Interest Payable | 1,777,524 | 192,191 | 161,186 | 0 | 0 | 23,080 | 3,713,857 | 3,236,037 |
| Interest Receivable | 1,352 | 5 | 0 | 0 | 0 | 0 | 0 | 1,049 |
| Pre-Tax Profit | 4,111,677 | -2,072,246 | -164,844 | -7,114,475 | -4,574,319 | -11,370 | -4,331,469 | -11,087,241 |
| Tax | -131,767 | 16,770 | 0 | 0 | 0 | 0 | -422,742 | 0 |
| Profit After Tax | 3,979,910 | -2,055,476 | -164,844 | -7,114,475 | -4,574,319 | -11,370 | -4,754,211 | -11,087,241 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,979,910 | -2,055,476 | -164,844 | -7,114,475 | -4,574,319 | -11,370 | -4,754,211 | -11,087,241 |
| Employee Costs | 19,971,940 | 16,400,264 | 0 | 0 | 0 | 0 | 15,982,472 | 16,505,793 |
| Number Of Employees | 835 | 674 | 3 | 3 | 763 | 785 | ||
| EBITDA* | 8,088,243 | 572,861 | -3,658 | -7,114,475 | -4,574,319 | -11,710 | 1,342,110 | -6,002,147 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,585,353 | 22,090,512 | 0 | 0 | 0 | 0 | 18,212,085 | 19,750,498 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 690 | 690 | 101 | 101 | 101 | 101 | 0 | 0 |
| Debtors (Due After 1 year) | 312,000 | 312,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,898,043 | 22,403,202 | 101 | 101 | 101 | 101 | 18,212,085 | 19,750,498 |
| Stock & work in progress | 1,144,821 | 1,088,163 | 0 | 0 | 0 | 0 | 850,974 | 937,198 |
| Trade Debtors | 940,161 | 654,054 | 0 | 0 | 0 | 0 | 1,162,267 | 1,261,662 |
| Group Debtors | 0 | 0 | 5,306,189 | 0 | 14,346,429 | 18,928,164 | 0 | 0 |
| Misc Debtors | 3,299,250 | 3,706,693 | 0 | 100 | 100 | 36 | 4,636,353 | 4,649,998 |
| Cash | 8,439,152 | 2,112,574 | 3,020 | 0 | 0 | 0 | 3,332,009 | 120,648 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,823,384 | 7,561,484 | 5,309,209 | 100 | 14,346,529 | 18,928,200 | 9,981,603 | 6,969,506 |
| total assets | 32,721,427 | 29,964,686 | 5,309,310 | 201 | 14,346,630 | 18,928,301 | 28,193,688 | 26,720,004 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 472,909 |
| Bank loan | 637,982 | 3,677,515 | 3,972,592 | 0 | 0 | 0 | 997,500 | 14,250,000 |
| Trade Creditors | 4,535,001 | 7,114,059 | 0 | 0 | 0 | 0 | 2,879,453 | 2,788,947 |
| Group/Directors Accounts | 0 | 42,633,393 | 12,849,883 | 11,349,882 | 18,581,836 | 19,179,288 | 0 | 0 |
| other short term finances | 0 | 600,000 | 600,000 | 600,000 | 600,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 61,269 | 67,893 |
| other current liabilities | 11,098,132 | 14,523,227 | 3,110 | 1,750 | 1,750 | 11,650 | 7,276,939 | 4,481,579 |
| total current liabilities | 16,271,115 | 68,548,194 | 17,425,585 | 11,951,632 | 19,183,586 | 19,190,938 | 11,215,161 | 22,061,328 |
| loans | 50,972,143 | 0 | 0 | 0 | 0 | 0 | 35,430,278 | 21,277,778 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 80,614 | 123,237 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 12,385,240 | 9,421,055 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 29,151 | 48,943 |
| provisions | 721,269 | 639,502 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 51,693,412 | 639,502 | 0 | 0 | 0 | 0 | 47,925,283 | 30,871,013 |
| total liabilities | 67,964,527 | 69,187,696 | 17,425,585 | 11,951,632 | 19,183,586 | 19,190,938 | 59,140,444 | 52,932,341 |
| net assets | -35,243,100 | -39,223,010 | -12,116,275 | -11,951,431 | -4,836,956 | -262,637 | -30,946,756 | -26,212,337 |
| total shareholders funds | -35,243,100 | -39,223,010 | -12,116,275 | -11,951,431 | -4,836,956 | -262,637 | -30,946,756 | -26,212,337 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 5,887,849 | -1,880,060 | -3,658 | -7,114,475 | -4,574,319 | -11,710 | -617,612 | -7,852,253 |
| Depreciation | 2,200,394 | 2,452,921 | 0 | 0 | 0 | 0 | 1,959,722 | 1,850,106 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -131,767 | 16,770 | 0 | 0 | 0 | 0 | -422,742 | 0 |
| Stock | 56,658 | 1,088,163 | 0 | 0 | -850,974 | -850,974 | -86,224 | 937,198 |
| Debtors | -121,336 | -633,442 | 5,306,089 | -14,346,429 | 8,547,909 | 13,129,580 | -113,040 | 5,911,660 |
| Creditors | -2,579,058 | 7,114,059 | 0 | 0 | -2,879,453 | -2,879,453 | 90,506 | 2,788,947 |
| Accruals and Deferred Income | -3,425,095 | 14,520,117 | 1,360 | 0 | -19,660,429 | -19,650,529 | 5,759,545 | 13,902,634 |
| Deferred Taxes & Provisions | 81,767 | 639,502 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,098,768 | 22,408,588 | -5,308,387 | 7,231,954 | -34,811,136 | -34,820,298 | 6,968,683 | 3,840,576 |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||
| Change in Investments | 0 | 589 | 0 | 0 | 101 | 101 | 0 | 0 |
| cash flow from investments | 0 | -589 | 0 | 0 | ||||
| Financing Activities | ||||||||
| Bank loans | -3,039,533 | -295,077 | 3,972,592 | 0 | -997,500 | -997,500 | -13,252,500 | 14,250,000 |
| Group/Directors Accounts | -42,633,393 | 29,783,510 | 1,500,001 | -7,231,954 | 18,581,836 | 19,179,288 | 0 | 0 |
| Other Short Term Loans | -600,000 | 0 | 0 | 0 | 600,000 | 0 | 0 | 0 |
| Long term loans | 50,972,143 | 0 | 0 | 0 | -35,430,278 | -35,430,278 | 14,152,500 | 21,277,778 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -141,883 | -141,883 | -49,247 | 191,130 |
| other long term liabilities | 0 | 0 | 0 | 0 | -29,151 | -29,151 | -19,792 | 48,943 |
| share issue | ||||||||
| interest | -1,776,172 | -192,186 | -161,186 | 0 | 0 | -23,080 | -3,713,857 | -3,234,988 |
| cash flow from financing | 2,923,045 | 4,244,988 | 5,311,407 | -7,231,954 | 13,267,143 | 13,252,885 | -2,863,104 | 17,407,767 |
| cash and cash equivalents | ||||||||
| cash | 6,326,578 | 2,109,554 | 3,020 | 0 | -3,332,009 | -3,332,009 | 3,211,361 | 120,648 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -472,909 | 472,909 |
| change in cash | 6,326,578 | 2,109,554 | 3,020 | 0 | -3,332,009 | -3,332,009 | 3,684,270 | -352,261 |
P&L
December 2022turnover
53.7m
+61%
operating profit
5.9m
-413%
gross margin
40.1%
+6.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-35.2m
-0.1%
total assets
32.7m
+0.09%
cash
8.4m
+2.99%
net assets
Total assets minus all liabilities
Similar Companies
the wolseley hospitality group holdings limited company details
company number
10297620
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
70100 - Activities of head offices
incorporation date
July 2016
age
8
accounts
Group
ultimate parent company
previous names
corbin & king holdings limited (October 2022)
incorporated
UK
address
157-160 piccadilly, london, W1J 9EB
last accounts submitted
December 2022
the wolseley hospitality group holdings 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 6 charges/mortgages relating to the wolseley hospitality group holdings limited. Currently there are 1 open charges and 5 have been satisfied in the past.
the wolseley hospitality group holdings limited Companies House Filings - See Documents
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