hull serviced accommodation limited
hull serviced accommodation limited Company Information
Company Number
10356665
Registered Address
129 chanterlands avenue, hull, HU5 3TG
Industry
Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
Hotels and similar accommodation
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
joni higson 66%
jeremy heath 34%
hull serviced accommodation limited Estimated Valuation
Pomanda estimates the enterprise value of HULL SERVICED ACCOMMODATION LIMITED at £143.7k based on a Turnover of £193.4k and 0.74x industry multiple (adjusted for size and gross margin).
hull serviced accommodation limited Estimated Valuation
Pomanda estimates the enterprise value of HULL SERVICED ACCOMMODATION LIMITED at £30.7k based on an EBITDA of £9.5k and a 3.24x industry multiple (adjusted for size and gross margin).
hull serviced accommodation limited Estimated Valuation
Pomanda estimates the enterprise value of HULL SERVICED ACCOMMODATION LIMITED at £18.1k based on Net Assets of £9.4k and 1.93x industry multiple (adjusted for liquidity).
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Hull Serviced Accommodation Limited Overview
Hull Serviced Accommodation Limited is a live company located in hull, HU5 3TG with a Companies House number of 10356665. It operates in the other holiday and other collective accommodation sector, SIC Code 55209. Founded in September 2016, it's largest shareholder is joni higson with a 66% stake. Hull Serviced Accommodation Limited is a young, micro sized company, Pomanda has estimated its turnover at £193.4k with declining growth in recent years.
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Hull Serviced Accommodation Limited Health Check
Pomanda's financial health check has awarded Hull Serviced Accommodation Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £193.4k, make it smaller than the average company (£2.7m)
- Hull Serviced Accommodation Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (5.2%)
- Hull Serviced Accommodation Limited
5.2% - Industry AVG
Production
with a gross margin of 43%, this company has a higher cost of product (66%)
- Hull Serviced Accommodation Limited
66% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (12%)
- Hull Serviced Accommodation Limited
12% - Industry AVG
Employees
with 2 employees, this is below the industry average (43)
2 - Hull Serviced Accommodation Limited
43 - Industry AVG
Pay Structure
on an average salary of £24k, the company has an equivalent pay structure (£24k)
- Hull Serviced Accommodation Limited
£24k - Industry AVG
Efficiency
resulting in sales per employee of £96.7k, this is more efficient (£69.6k)
- Hull Serviced Accommodation Limited
£69.6k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (11 days)
- Hull Serviced Accommodation Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is quicker than average (59 days)
- Hull Serviced Accommodation Limited
59 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hull Serviced Accommodation Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hull Serviced Accommodation Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (63.4%)
77.6% - Hull Serviced Accommodation Limited
63.4% - Industry AVG
HULL SERVICED ACCOMMODATION LIMITED financials
Hull Serviced Accommodation Limited's latest turnover from September 2023 is estimated at £193.4 thousand and the company has net assets of £9.4 thousand. According to their latest financial statements, Hull Serviced Accommodation Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 3 | 2 | 3 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,444 | 4,592 | 6,123 | 0 | 0 | 0 | 0 |
| 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 | 3,444 | 4,592 | 6,123 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 38,370 | 41,640 | 30,667 | 66,745 | 13,225 | 25,292 | 21,489 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 38,370 | 41,640 | 30,667 | 66,745 | 13,225 | 25,292 | 21,489 |
| total assets | 41,814 | 46,232 | 36,790 | 66,745 | 13,225 | 25,292 | 21,489 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 15,136 | 17,118 | 11,487 | 87,891 | 38,959 | 42,210 | 41,940 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,136 | 17,118 | 11,487 | 87,891 | 38,959 | 42,210 | 41,940 |
| 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 | 0 |
| other liabilities | 17,304 | 26,856 | 36,175 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,304 | 26,856 | 36,175 | 0 | 0 | 0 | 0 |
| total liabilities | 32,440 | 43,974 | 47,662 | 87,891 | 38,959 | 42,210 | 41,940 |
| net assets | 9,374 | 2,258 | -10,872 | -21,146 | -25,734 | -16,918 | -20,451 |
| total shareholders funds | 9,374 | 2,258 | -10,872 | -21,146 | -25,734 | -16,918 | -20,451 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,270 | 10,973 | -36,078 | 53,520 | -12,067 | 3,803 | 21,489 |
| Creditors | -1,982 | 5,631 | -76,404 | 48,932 | -3,251 | 270 | 41,940 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 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 | -9,552 | -9,319 | 36,175 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hull serviced accommodation limited Credit Report and Business Information
Hull Serviced Accommodation Limited Competitor Analysis
Perform a competitor analysis for hull serviced accommodation limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in HU5 area or any other competitors across 12 key performance metrics.
hull serviced accommodation limited Ownership
HULL SERVICED ACCOMMODATION LIMITED group structure
Hull Serviced Accommodation Limited has no subsidiary companies.
Ultimate parent company
HULL SERVICED ACCOMMODATION LIMITED
10356665
hull serviced accommodation limited directors
Hull Serviced Accommodation Limited currently has 2 directors. The longest serving directors include Mr Jeremy Heath (Sep 2016) and Mrs Joni Higson (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Heath | England | 58 years | Sep 2016 | - | Director |
| Mrs Joni Higson | United Kingdom | 40 years | Apr 2021 | - | Director |
P&L
September 2023turnover
193.4k
+21%
operating profit
9.5k
0%
gross margin
43.1%
+10.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
9.4k
+3.15%
total assets
41.8k
-0.1%
cash
0
0%
net assets
Total assets minus all liabilities
hull serviced accommodation limited company details
company number
10356665
Type
Private limited with Share Capital
industry
55209 - Other holiday and other short-stay accommodation (not including holiday centres and villages or youth hostels) n.e.c.
55100 - Hotels and similar accommodation
incorporation date
September 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
129 chanterlands avenue, hull, HU5 3TG
accountant
-
auditor
-
hull serviced accommodation 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 did not find charges/mortgages relating to hull serviced accommodation limited.
hull serviced accommodation limited Companies House Filings - See Documents
| date | description | view/download |
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