lth hotels (leicester) ltd
lth hotels (leicester) ltd Company Information
Company Number
10833485
Website
www.londontowngroup.comRegistered Address
8-14 talbot square, london, W2 1TS
Industry
Hotels and similar accommodation
Telephone
02078352000
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
london town group of companies ltd 100%
lth hotels (leicester) ltd Estimated Valuation
Pomanda estimates the enterprise value of LTH HOTELS (LEICESTER) LTD at £2.5m based on a Turnover of £2.1m and 1.18x industry multiple (adjusted for size and gross margin).
lth hotels (leicester) ltd Estimated Valuation
Pomanda estimates the enterprise value of LTH HOTELS (LEICESTER) LTD at £5.4m based on an EBITDA of £1.2m and a 4.65x industry multiple (adjusted for size and gross margin).
lth hotels (leicester) ltd Estimated Valuation
Pomanda estimates the enterprise value of LTH HOTELS (LEICESTER) LTD at £1.2m based on Net Assets of £652.1k and 1.91x industry multiple (adjusted for liquidity).
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Lth Hotels (leicester) Ltd Overview
Lth Hotels (leicester) Ltd is a live company located in london, W2 1TS with a Companies House number of 10833485. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 2017, it's largest shareholder is london town group of companies ltd with a 100% stake. Lth Hotels (leicester) Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.1m with unknown growth in recent years.
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Lth Hotels (leicester) Ltd Health Check
Pomanda's financial health check has awarded Lth Hotels (Leicester) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£5m)
- Lth Hotels (leicester) Ltd
£5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lth Hotels (leicester) Ltd
- - Industry AVG
Production
with a gross margin of 62.2%, this company has a comparable cost of product (62.2%)
- Lth Hotels (leicester) Ltd
62.2% - Industry AVG
Profitability
an operating margin of 42% make it more profitable than the average company (8.7%)
- Lth Hotels (leicester) Ltd
8.7% - Industry AVG
Employees
with 46 employees, this is below the industry average (78)
46 - Lth Hotels (leicester) Ltd
78 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)
- Lth Hotels (leicester) Ltd
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £45.7k, this is less efficient (£68.4k)
- Lth Hotels (leicester) Ltd
£68.4k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (8 days)
- Lth Hotels (leicester) Ltd
8 days - Industry AVG
Creditor Days
its suppliers are paid after 158 days, this is slower than average (47 days)
- Lth Hotels (leicester) Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is in line with average (8 days)
- Lth Hotels (leicester) Ltd
8 days - 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 - Lth Hotels (leicester) Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (75.6%)
93.8% - Lth Hotels (leicester) Ltd
75.6% - Industry AVG
lth hotels (leicester) ltd Credit Report and Business Information
Lth Hotels (leicester) Ltd Competitor Analysis
Perform a competitor analysis for lth hotels (leicester) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
lth hotels (leicester) ltd Ownership
LTH HOTELS (LEICESTER) LTD group structure
Lth Hotels (Leicester) Ltd has no subsidiary companies.
Ultimate parent company
AURO TRADING INVESTMENTS EST
#0067463
2 parents
LTH HOTELS (LEICESTER) LTD
10833485
lth hotels (leicester) ltd directors
Lth Hotels (Leicester) Ltd currently has 2 directors. The longest serving directors include Mr Koolesh Shah (Jun 2017) and Mr Kala Shah (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Koolesh Shah | 68 years | Jun 2017 | - | Director | |
| Mr Kala Shah | United Kingdom | 81 years | Jul 2020 | - | Director |
LTH HOTELS (LEICESTER) LTD financials
Lth Hotels (Leicester) Ltd's latest turnover from June 2023 is estimated at £2.1 million and the company has net assets of £652.1 thousand. According to their latest financial statements, Lth Hotels (Leicester) Ltd has 46 employees and maintains cash reserves of £288.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 2,401,518 | 943,918 | ||||
| Other Income Or Grants | 0 | 0 | ||||
| Cost Of Sales | 1,316,975 | 894,725 | ||||
| Gross Profit | 1,084,543 | 49,193 | ||||
| Admin Expenses | 1,046,546 | 978,103 | ||||
| Operating Profit | 37,997 | -928,910 | ||||
| Interest Payable | 104,295 | 47,525 | ||||
| Interest Receivable | 0 | 0 | ||||
| Pre-Tax Profit | -66,298 | -976,435 | ||||
| Tax | -48,585 | -85,294 | ||||
| Profit After Tax | -114,883 | -1,061,729 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | -114,883 | -1,061,729 | ||||
| Employee Costs | ||||||
| Number Of Employees | 46 | 54 | 22 | 22 | 13 | |
| EBITDA* | 388,620 | -439,531 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,650,170 | 8,176,017 | 8,448,326 | 8,849,773 | 9,000,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 262,458 | 0 | 170,000 | 0 | 2,004 | 0 |
| Total Fixed Assets | 9,912,628 | 8,176,017 | 8,618,326 | 8,849,773 | 9,002,004 | 0 |
| Stock & work in progress | 17,405 | 12,662 | 12,283 | 12,283 | 0 | 0 |
| Trade Debtors | 25,033 | 133,468 | 114,436 | 99,098 | 28,993 | 0 |
| Group Debtors | 262,629 | 278,952 | 0 | 0 | 0 | 0 |
| Misc Debtors | 41,922 | 36,513 | 56,630 | 37,860 | 154,793 | 0 |
| Cash | 288,826 | 269,608 | 44,706 | 127,936 | 464,542 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 635,815 | 731,203 | 228,055 | 277,177 | 648,328 | 0 |
| total assets | 10,548,443 | 8,907,220 | 8,846,381 | 9,126,950 | 9,650,332 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 4,107,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 345,685 | 321,755 | 184,891 | 294,677 | 236,020 | 0 |
| Group/Directors Accounts | 3,794,632 | 4,001,169 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 232,357 | 254,597 | 322,775 | 230,056 | 135,871 | 0 |
| total current liabilities | 8,479,674 | 4,577,521 | 507,666 | 524,733 | 371,891 | 0 |
| loans | 0 | 4,107,000 | 8,151,018 | 7,992,465 | 8,602,391 | 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 | 1,416,677 | 1,667,739 | 1,631,746 | 1,109,587 | 1,061,002 | 0 |
| total long term liabilities | 1,416,677 | 5,774,739 | 9,782,764 | 9,102,052 | 9,663,393 | 0 |
| total liabilities | 9,896,351 | 10,352,260 | 10,290,430 | 9,626,785 | 10,035,284 | 0 |
| net assets | 652,092 | -1,445,040 | -1,444,049 | -499,835 | -384,952 | 0 |
| total shareholders funds | 652,092 | -1,445,040 | -1,444,049 | -499,835 | -384,952 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Dec 2019 | Dec 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 37,997 | -928,910 | ||||
| Depreciation | 274,949 | 294,841 | 478,920 | 350,623 | 489,379 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | -48,585 | -85,294 | ||||
| Stock | 4,743 | 379 | 12,283 | 12,283 | 0 | 0 |
| Debtors | 143,109 | 107,867 | 341,066 | -48,832 | 185,790 | 0 |
| Creditors | 23,930 | 136,864 | 184,891 | 58,657 | 236,020 | 0 |
| Accruals and Deferred Income | -22,240 | -68,178 | 322,775 | 94,185 | 135,871 | 0 |
| Deferred Taxes & Provisions | -251,062 | 35,993 | 1,631,746 | 48,585 | 1,061,002 | 0 |
| Cash flow from operations | 578,011 | 722,278 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 4,107,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -206,537 | 4,001,169 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -4,107,000 | -4,044,018 | 8,151,018 | -609,926 | 8,602,391 | 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 | -104,295 | -47,525 | ||||
| cash flow from financing | -714,221 | 9,231,643 | ||||
| cash and cash equivalents | ||||||
| cash | 19,218 | 224,902 | 44,706 | -336,606 | 464,542 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 19,218 | 224,902 | 44,706 | -336,606 | 464,542 | 0 |
P&L
June 2023turnover
2.1m
-35%
operating profit
883k
0%
gross margin
62.2%
+6.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
652.1k
-1.45%
total assets
10.5m
+0.18%
cash
288.8k
+0.07%
net assets
Total assets minus all liabilities
lth hotels (leicester) ltd company details
company number
10833485
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
June 2017
age
7
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
8-14 talbot square, london, W2 1TS
last accounts submitted
June 2023
lth hotels (leicester) 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 lth hotels (leicester) ltd.
lth hotels (leicester) ltd Companies House Filings - See Documents
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