accor hotelservices uk limited
accor hotelservices uk limited Company Information
Company Number
10508910
Website
http://www.accor.comRegistered Address
10 hammersmith grove, london, W6 7AP
Industry
Hotels and similar accommodation
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
accor (u.k.) limited 100%
accor hotelservices uk limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOR HOTELSERVICES UK LIMITED at £294.8m based on a Turnover of £103.1m and 2.86x industry multiple (adjusted for size and gross margin).
accor hotelservices uk limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOR HOTELSERVICES UK LIMITED at £288.5m based on an EBITDA of £24.5m and a 11.77x industry multiple (adjusted for size and gross margin).
accor hotelservices uk limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOR HOTELSERVICES UK LIMITED at £0 based on Net Assets of £-89.3m and 2.12x industry multiple (adjusted for liquidity).
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Accor Hotelservices Uk Limited Overview
Accor Hotelservices Uk Limited is a live company located in london, W6 7AP with a Companies House number of 10508910. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 2016, it's largest shareholder is accor (u.k.) limited with a 100% stake. Accor Hotelservices Uk Limited is a young, mega sized company, Pomanda has estimated its turnover at £103.1m with low growth in recent years.
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Accor Hotelservices Uk Limited Health Check
Pomanda's financial health check has awarded Accor Hotelservices Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £103.1m, make it larger than the average company (£3.9m)
£103.1m - Accor Hotelservices Uk Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a faster rate (-2.8%)
1% - Accor Hotelservices Uk Limited
-2.8% - Industry AVG
Production
with a gross margin of 82.5%, this company has a lower cost of product (60.5%)
82.5% - Accor Hotelservices Uk Limited
60.5% - Industry AVG
Profitability
an operating margin of 13.4% make it more profitable than the average company (7.6%)
13.4% - Accor Hotelservices Uk Limited
7.6% - Industry AVG
Employees
with 260 employees, this is above the industry average (68)
260 - Accor Hotelservices Uk Limited
68 - Industry AVG
Pay Structure
on an average salary of £112.9k, the company has a higher pay structure (£22.3k)
£112.9k - Accor Hotelservices Uk Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £396.6k, this is more efficient (£64.5k)
£396.6k - Accor Hotelservices Uk Limited
£64.5k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (10 days)
56 days - Accor Hotelservices Uk Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (49 days)
29 days - Accor Hotelservices Uk Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Accor Hotelservices Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Accor Hotelservices Uk Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 128%, this is a higher level of debt than the average (78.7%)
128% - Accor Hotelservices Uk Limited
78.7% - Industry AVG
ACCOR HOTELSERVICES UK LIMITED financials
Accor Hotelservices Uk Limited's latest turnover from December 2022 is £103.1 million and the company has net assets of -£89.3 million. According to their latest financial statements, Accor Hotelservices Uk Limited has 260 employees and maintains cash reserves of £262 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 103,116,000 | 52,353,000 | 38,126,000 | 99,315,000 | 95,128,000 | 55,609,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,038,000 | 19,354,000 | 15,412,000 | 47,656,000 | 27,608,000 | 15,117,000 |
| Gross Profit | 85,078,000 | 32,999,000 | 22,714,000 | 51,659,000 | 67,520,000 | 40,492,000 |
| Admin Expenses | 71,240,000 | 72,642,000 | 105,970,000 | 43,149,000 | 55,835,000 | 33,396,000 |
| Operating Profit | 13,838,000 | -39,643,000 | -83,256,000 | 8,510,000 | 11,685,000 | 7,096,000 |
| Interest Payable | 1,865,000 | 46,000 | 55,000 | 62,000 | 0 | 0 |
| Interest Receivable | 29,000 | 23,000 | 3,000 | 128,000 | 360,000 | 206,000 |
| Pre-Tax Profit | 12,002,000 | -36,441,000 | -83,308,000 | 8,576,000 | 12,045,000 | 7,302,000 |
| Tax | -2,133,000 | 4,710,000 | 1,789,000 | -1,943,000 | -3,119,000 | -1,552,000 |
| Profit After Tax | 9,869,000 | -31,731,000 | -81,519,000 | 6,633,000 | 8,926,000 | 5,750,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 9,869,000 | -31,731,000 | -81,519,000 | 6,633,000 | 8,926,000 | 5,750,000 |
| Employee Costs | 29,354,000 | 26,189,000 | 21,000,000 | 19,481,000 | 16,757,000 | 8,072,000 |
| Number Of Employees | 260 | 235 | 250 | 232 | 214 | 216 |
| EBITDA* | 24,510,000 | -28,282,000 | -71,372,000 | 20,456,000 | 22,994,000 | 13,399,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,930,000 | 28,407,000 | 31,862,000 | 9,475,000 | 583,000 | 800,000 |
| Intangible Assets | 233,792,000 | 240,670,000 | 272,416,000 | 365,739,000 | 376,437,000 | 371,489,000 |
| Investments & Other | 22,191,000 | 25,562,000 | 27,866,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 4,665,000 | 0 | 0 |
| Total Fixed Assets | 257,913,000 | 269,077,000 | 304,278,000 | 375,214,000 | 377,020,000 | 372,289,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,909,000 | 11,416,000 | 8,258,000 | 16,735,000 | 14,322,000 | 13,357,000 |
| Group Debtors | 41,087,000 | 27,884,000 | 18,827,000 | 2,231,000 | 1,848,000 | 3,670,000 |
| Misc Debtors | 3,900,000 | 4,406,000 | 5,861,000 | 7,057,000 | 5,434,000 | 18,819,000 |
| Cash | 262,000 | 17,000 | 741,000 | 350,000 | 11,838,000 | 30,141,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 61,158,000 | 45,083,000 | 35,047,000 | 26,373,000 | 33,442,000 | 65,987,000 |
| total assets | 319,071,000 | 314,160,000 | 339,325,000 | 401,587,000 | 410,462,000 | 438,276,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,446,000 | 2,813,000 | 1,210,000 | 4,482,000 | 3,074,000 | 2,419,000 |
| Group/Directors Accounts | 358,069,000 | 0 | 0 | 311,472,000 | 346,523,000 | 381,925,000 |
| other short term finances | 0 | 268,319,000 | 352,425,000 | 0 | 0 | 0 |
| hp & lease commitments | 891,000 | 1,134,000 | 1,184,000 | 1,135,000 | 0 | 0 |
| other current liabilities | 20,042,000 | 109,892,000 | 17,996,000 | 33,976,000 | 18,120,000 | 18,268,000 |
| total current liabilities | 380,448,000 | 382,158,000 | 372,815,000 | 351,065,000 | 367,717,000 | 402,612,000 |
| loans | 0 | 2,460,000 | 4,516,000 | 5,924,000 | 0 | 0 |
| hp & lease commitments | 406,000 | 1,230,000 | 2,258,000 | 2,962,000 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 27,508,000 | 45,426,000 | 48,924,000 | 52,502,000 | 28,069,000 | 29,914,000 |
| total long term liabilities | 27,914,000 | 23,943,000 | 26,720,000 | 29,213,000 | 28,069,000 | 29,914,000 |
| total liabilities | 408,362,000 | 406,101,000 | 399,535,000 | 380,278,000 | 395,786,000 | 432,526,000 |
| net assets | -89,291,000 | -91,941,000 | -60,210,000 | 21,309,000 | 14,676,000 | 5,750,000 |
| total shareholders funds | -89,291,000 | -91,941,000 | -60,210,000 | 21,309,000 | 14,676,000 | 5,750,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 13,838,000 | -39,643,000 | -83,256,000 | 8,510,000 | 11,685,000 | 7,096,000 |
| Depreciation | 1,341,000 | 1,315,000 | 1,397,000 | 1,248,000 | 272,000 | 175,000 |
| Amortisation | 9,331,000 | 10,046,000 | 10,487,000 | 10,698,000 | 11,037,000 | 6,128,000 |
| Tax | -2,133,000 | 4,710,000 | 1,789,000 | -1,943,000 | -3,119,000 | -1,552,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,190,000 | 10,760,000 | 2,258,000 | 9,084,000 | -14,242,000 | 35,846,000 |
| Creditors | -1,367,000 | 1,603,000 | -3,272,000 | 1,408,000 | 655,000 | 2,419,000 |
| Accruals and Deferred Income | -89,850,000 | 91,896,000 | -15,980,000 | 15,856,000 | -148,000 | 18,268,000 |
| Deferred Taxes & Provisions | -17,918,000 | -3,498,000 | -3,578,000 | 24,433,000 | -1,845,000 | 29,914,000 |
| Cash flow from operations | -103,948,000 | 55,669,000 | -94,671,000 | 51,126,000 | 32,779,000 | 26,602,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -3,371,000 | -2,304,000 | 27,866,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 358,069,000 | 0 | -311,472,000 | -35,051,000 | -35,402,000 | 381,925,000 |
| Other Short Term Loans | -268,319,000 | -84,106,000 | 352,425,000 | 0 | 0 | 0 |
| Long term loans | -2,460,000 | -2,056,000 | -1,408,000 | 5,924,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | -1,067,000 | -1,078,000 | -655,000 | 4,097,000 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -1,836,000 | -23,000 | -52,000 | 66,000 | 360,000 | 206,000 |
| cash flow from financing | 77,168,000 | -87,263,000 | 38,838,000 | -24,964,000 | -35,042,000 | 382,131,000 |
| cash and cash equivalents | ||||||
| cash | 245,000 | -724,000 | 391,000 | -11,488,000 | -18,303,000 | 30,141,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 245,000 | -724,000 | 391,000 | -11,488,000 | -18,303,000 | 30,141,000 |
accor hotelservices uk limited Credit Report and Business Information
Accor Hotelservices Uk Limited Competitor Analysis
Perform a competitor analysis for accor hotelservices uk limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mega companies, companies in W 6 area or any other competitors across 12 key performance metrics.
accor hotelservices uk limited Ownership
ACCOR HOTELSERVICES UK LIMITED group structure
Accor Hotelservices Uk Limited has no subsidiary companies.
Ultimate parent company
ACCOR SA
#0003023
2 parents
ACCOR HOTELSERVICES UK LIMITED
10508910
accor hotelservices uk limited directors
Accor Hotelservices Uk Limited currently has 3 directors. The longest serving directors include Mrs Ana Ragageles De Oliveira Frewen (Dec 2018) and Mr Aiden McAuley (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Ana Ragageles De Oliveira Frewen | United Kingdom | 56 years | Dec 2018 | - | Director |
| Mr Aiden McAuley | United Kingdom | 59 years | May 2020 | - | Director |
| Mr Pierre Deburaux | England | 44 years | Jan 2022 | - | Director |
P&L
December 2022turnover
103.1m
+97%
operating profit
13.8m
-135%
gross margin
82.6%
+30.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-89.3m
-0.03%
total assets
319.1m
+0.02%
cash
262k
+14.41%
net assets
Total assets minus all liabilities
accor hotelservices uk limited company details
company number
10508910
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 2016
age
8
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
10 hammersmith grove, london, W6 7AP
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
accor hotelservices uk 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 accor hotelservices uk limited.
accor hotelservices uk limited Companies House Filings - See Documents
| date | description | view/download |
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