iconic luxury hotels limited
iconic luxury hotels limited Company Information
Company Number
10526243
Website
iconicluxuryhotels.comRegistered Address
8th floor, south block, 55 baker street, london, W1U 8EW
Industry
Hotels and similar accommodation
Telephone
01425282212
Next Accounts Due
21 days late
Group Structure
View All
Shareholders
london & regional group hotel holdings ltd 100%
iconic luxury hotels limited Estimated Valuation
Pomanda estimates the enterprise value of ICONIC LUXURY HOTELS LIMITED at £3.2m based on a Turnover of £3.1m and 1.01x industry multiple (adjusted for size and gross margin).
iconic luxury hotels limited Estimated Valuation
Pomanda estimates the enterprise value of ICONIC LUXURY HOTELS LIMITED at £0 based on an EBITDA of £-114.2k and a 4.19x industry multiple (adjusted for size and gross margin).
iconic luxury hotels limited Estimated Valuation
Pomanda estimates the enterprise value of ICONIC LUXURY HOTELS LIMITED at £0 based on Net Assets of £-1.4m and 1.96x industry multiple (adjusted for liquidity).
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Iconic Luxury Hotels Limited Overview
Iconic Luxury Hotels Limited is a live company located in london, W1U 8EW with a Companies House number of 10526243. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 2016, it's largest shareholder is london & regional group hotel holdings ltd with a 100% stake. Iconic Luxury Hotels Limited is a young, small sized company, Pomanda has estimated its turnover at £3.1m with healthy growth in recent years.
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Iconic Luxury Hotels Limited Health Check
Pomanda's financial health check has awarded Iconic Luxury Hotels Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
8 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£3.9m)
£3.1m - Iconic Luxury Hotels Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (-2.9%)
13% - Iconic Luxury Hotels Limited
-2.9% - Industry AVG
Production
with a gross margin of 43.9%, this company has a higher cost of product (60.6%)
43.9% - Iconic Luxury Hotels Limited
60.6% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (7.7%)
-4% - Iconic Luxury Hotels Limited
7.7% - Industry AVG
Employees
with 30 employees, this is below the industry average (68)
- Iconic Luxury Hotels Limited
68 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£22.3k)
- Iconic Luxury Hotels Limited
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £104.3k, this is more efficient (£64.5k)
- Iconic Luxury Hotels Limited
£64.5k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (10 days)
35 days - Iconic Luxury Hotels Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (49 days)
2 days - Iconic Luxury Hotels Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iconic Luxury Hotels Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (7 weeks)
1 weeks - Iconic Luxury Hotels Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 289.5%, this is a higher level of debt than the average (78.8%)
289.5% - Iconic Luxury Hotels Limited
78.8% - Industry AVG
ICONIC LUXURY HOTELS LIMITED financials
Iconic Luxury Hotels Limited's latest turnover from December 2022 is £3.1 million and the company has net assets of -£1.4 million. According to their latest financial statements, we estimate that Iconic Luxury Hotels Limited has 30 employees and maintains cash reserves of £65 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 3,130,000 | 1,986,000 | 1,176,734 | 2,143,041 | 1,830,985 | 159,720 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -17,235 | -8,444 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -123,000 | -463,000 | -784,710 | 16,227 | -17,235 | -8,444 |
| Tax | 0 | 0 | 0 | -3,084 | 0 | 0 |
| Profit After Tax | -123,000 | -463,000 | -784,710 | 13,143 | -17,235 | -8,444 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -123,000 | -463,000 | -784,710 | 13,143 | -17,235 | -8,444 |
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -17,235 | -8,444 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 29,000 | 26,000 | 31,763 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 29,000 | 26,000 | 31,763 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 302,000 | 54,000 | 3,172 | 253,485 | 54,750 | 0 |
| Group Debtors | 322,000 | 288,000 | 162,297 | 368,257 | 210,082 | 0 |
| Misc Debtors | 12,000 | 9,000 | 41,867 | 437 | 1,810 | 6,352 |
| Cash | 65,000 | 119,000 | 61,921 | 137,055 | 210,553 | 60,260 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 701,000 | 470,000 | 269,257 | 759,234 | 477,195 | 66,612 |
| total assets | 730,000 | 496,000 | 301,020 | 759,234 | 477,195 | 66,612 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,000 | 3,000 | 5,387 | 12,032 | 0 | 0 |
| Group/Directors Accounts | 1,515,000 | 1,509,000 | 955,050 | 575,279 | 200,315 | 50,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 587,000 | 244,000 | 137,828 | 184,458 | 302,558 | 25,055 |
| total current liabilities | 2,113,000 | 1,756,000 | 1,098,265 | 771,769 | 502,873 | 75,055 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,113,000 | 1,756,000 | 1,098,265 | 771,769 | 502,873 | 75,055 |
| net assets | -1,383,000 | -1,260,000 | -797,245 | -12,535 | -25,678 | -8,443 |
| total shareholders funds | -1,383,000 | -1,260,000 | -797,245 | -12,535 | -25,678 | -8,443 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -17,235 | -8,444 | ||||
| Depreciation | 12,000 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | -3,084 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 285,000 | 143,664 | -414,843 | 355,537 | 260,290 | 6,352 |
| Creditors | 8,000 | -2,387 | -6,645 | 12,032 | 0 | 0 |
| Accruals and Deferred Income | 343,000 | 106,172 | -46,630 | -118,100 | 277,503 | 25,055 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -22 | 10,259 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 6,000 | 553,950 | 379,771 | 374,964 | 150,315 | 50,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 6,000 | 554,195 | 379,771 | 374,964 | 150,315 | 50,001 |
| cash and cash equivalents | ||||||
| cash | -54,000 | 57,079 | -75,134 | -73,498 | 150,293 | 60,260 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -54,000 | 57,079 | -75,134 | -73,498 | 150,293 | 60,260 |
iconic luxury hotels limited Credit Report and Business Information
Iconic Luxury Hotels Limited Competitor Analysis
Perform a competitor analysis for iconic luxury hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W1U area or any other competitors across 12 key performance metrics.
iconic luxury hotels limited Ownership
ICONIC LUXURY HOTELS LIMITED group structure
Iconic Luxury Hotels Limited has no subsidiary companies.
Ultimate parent company
2 parents
ICONIC LUXURY HOTELS LIMITED
10526243
iconic luxury hotels limited directors
Iconic Luxury Hotels Limited currently has 3 directors. The longest serving directors include Mr Andrew Stembridge (Dec 2016) and Mr Ian Livingstone (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Stembridge | 53 years | Dec 2016 | - | Director | |
| Mr Ian Livingstone | 62 years | Mar 2019 | - | Director | |
| Mr Desmond Taljaard | United Kingdom | 63 years | Mar 2019 | - | Director |
P&L
December 2022turnover
3.1m
+58%
operating profit
-126.2k
0%
gross margin
43.9%
+98.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.4m
+0.1%
total assets
730k
+0.47%
cash
65k
-0.45%
net assets
Total assets minus all liabilities
iconic luxury hotels limited company details
company number
10526243
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
8th floor, south block, 55 baker street, london, W1U 8EW
Bank
-
Legal Advisor
-
iconic luxury hotels 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 iconic luxury hotels limited.
iconic luxury hotels limited Companies House Filings - See Documents
| date | description | view/download |
|---|
