city suites (manchester) 2 holdco limited
city suites (manchester) 2 holdco limited Company Information
Company Number
11047864
Next Accounts
Sep 2025
Shareholders
city suites limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
horseshoe farm elkington way, alderley edge, SK9 7GU
Website
citysuites.comcity suites (manchester) 2 holdco limited Estimated Valuation
Pomanda estimates the enterprise value of CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED at £0 based on a Turnover of £3k and -238.31x industry multiple (adjusted for size and gross margin).
city suites (manchester) 2 holdco limited Estimated Valuation
Pomanda estimates the enterprise value of CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED at £181.2m based on an EBITDA of £-389k and a -465.9x industry multiple (adjusted for size and gross margin).
city suites (manchester) 2 holdco limited Estimated Valuation
Pomanda estimates the enterprise value of CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED at £10.5m based on Net Assets of £6m and 1.75x industry multiple (adjusted for liquidity).
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City Suites (manchester) 2 Holdco Limited Overview
City Suites (manchester) 2 Holdco Limited is a live company located in alderley edge, SK9 7GU with a Companies House number of 11047864. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is city suites limited with a 100% stake. City Suites (manchester) 2 Holdco Limited is a young, micro sized company, Pomanda has estimated its turnover at £3k with unknown growth in recent years.
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City Suites (manchester) 2 Holdco Limited Health Check
There is insufficient data available to calculate a health check for City Suites (Manchester) 2 Holdco Limited. Company Health Check FAQs
0 Strong
0 Regular
6 Weak
Size
annual sales of £3k, make it smaller than the average company (£1.1m)
£3k - City Suites (manchester) 2 Holdco Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- City Suites (manchester) 2 Holdco Limited
- - Industry AVG
Production
with a gross margin of -11166.7%, this company has a higher cost of product (70.8%)
-11166.7% - City Suites (manchester) 2 Holdco Limited
70.8% - Industry AVG
Profitability
an operating margin of -12966.7% make it less profitable than the average company (21.7%)
-12966.7% - City Suites (manchester) 2 Holdco Limited
21.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- City Suites (manchester) 2 Holdco Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- City Suites (manchester) 2 Holdco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £3k, this is less efficient (£202.5k)
- City Suites (manchester) 2 Holdco Limited
£202.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - City Suites (manchester) 2 Holdco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - City Suites (manchester) 2 Holdco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - City Suites (manchester) 2 Holdco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - City Suites (manchester) 2 Holdco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84%, this is a higher level of debt than the average (71.4%)
84% - City Suites (manchester) 2 Holdco Limited
71.4% - Industry AVG
CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED financials
City Suites (Manchester) 2 Holdco Limited's latest turnover from December 2023 is £3 thousand and the company has net assets of £6 million. According to their latest financial statements, we estimate that City Suites (Manchester) 2 Holdco Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 3,000 | 42,757,000 | 21,331,000 | |||
| Other Income Or Grants | ||||||
| Cost Of Sales | 338,000 | 36,629,000 | 19,855,000 | |||
| Gross Profit | -335,000 | 6,128,000 | 1,476,000 | |||
| Admin Expenses | 54,000 | 3,000 | 4,000 | |||
| Operating Profit | -389,000 | 6,125,000 | 1,472,000 | |||
| Interest Payable | 91,000 | 107,000 | 52,000 | |||
| Interest Receivable | 91,000 | 92,000 | ||||
| Pre-Tax Profit | -389,000 | 6,110,000 | 1,420,000 | |||
| Tax | 72,000 | -993,000 | -190,000 | |||
| Profit After Tax | -317,000 | 5,117,000 | 1,230,000 | |||
| Dividends Paid | ||||||
| Retained Profit | -317,000 | 5,117,000 | 1,230,000 | |||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -389,000 | 6,125,000 | 1,472,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,671,000 | 2,671,000 | 993,000 | |||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 2,671,000 | 2,671,000 | 993,000 | |||
| Total Fixed Assets | 2,671,000 | 2,671,000 | 993,000 | |||
| Stock & work in progress | 34,178,000 | |||||
| Trade Debtors | ||||||
| Group Debtors | 34,938,000 | 35,208,000 | 4,828,000 | 247 | ||
| Misc Debtors | 109,000 | 115,000 | ||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 34,939,000 | 35,338,000 | 39,121,000 | 247 | ||
| total assets | 37,610,000 | 38,009,000 | 40,114,000 | 247 | ||
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 11,000 | 24,000 | ||||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 28,745,000 | 27,803,000 | 35,768,000 | |||
| total current liabilities | 28,745,000 | 27,814,000 | 35,792,000 | |||
| loans | 5,342,000 | 5,342,000 | 4,884,000 | |||
| hp & lease commitments | 2,671,000 | 2,671,000 | 2,442,000 | |||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 328,000 | 2,354,000 | 1,300,000 | |||
| total long term liabilities | 2,835,000 | 3,848,000 | 3,092,000 | |||
| total liabilities | 31,580,000 | 31,662,000 | 38,884,000 | |||
| net assets | 6,030,000 | 6,347,000 | 1,230,000 | 247 | ||
| total shareholders funds | 6,030,000 | 6,347,000 | 1,230,000 | 247 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -389,000 | 6,125,000 | 1,472,000 | |||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | 72,000 | -993,000 | -190,000 | |||
| Stock | -34,178,000 | 34,178,000 | ||||
| Debtors | -379,000 | 32,052,000 | 5,936,000 | -247 | 247 | |
| Creditors | -11,000 | -13,000 | 24,000 | |||
| Accruals and Deferred Income | 942,000 | -7,965,000 | 35,768,000 | |||
| Deferred Taxes & Provisions | -2,026,000 | 1,054,000 | 1,300,000 | |||
| Cash flow from operations | -1,033,000 | 334,000 | -1,740,000 | 247 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | 458,000 | 4,884,000 | ||||
| Hire Purchase and Lease Commitments | 229,000 | 2,442,000 | ||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -15,000 | -52,000 | ||||
| cash flow from financing | 672,000 | 7,274,000 | -247 | |||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
city suites (manchester) 2 holdco limited Credit Report and Business Information
City Suites (manchester) 2 Holdco Limited Competitor Analysis
Perform a competitor analysis for city suites (manchester) 2 holdco limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK9 area or any other competitors across 12 key performance metrics.
city suites (manchester) 2 holdco limited Ownership
CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED group structure
City Suites (Manchester) 2 Holdco Limited has no subsidiary companies.
Ultimate parent company
2 parents
CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED
11047864
city suites (manchester) 2 holdco limited directors
City Suites (Manchester) 2 Holdco Limited currently has 2 directors. The longest serving directors include Mr Giles Beswick (Nov 2017) and Mr Michael Slater (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giles Beswick | England | 50 years | Nov 2017 | - | Director |
| Mr Michael Slater | England | 50 years | Oct 2019 | - | Director |
P&L
December 2023turnover
3k
-100%
operating profit
-389k
-106%
gross margin
-11166.6%
-78013.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
6m
-0.05%
total assets
37.6m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
city suites (manchester) 2 holdco limited company details
company number
11047864
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
horseshoe farm elkington way, alderley edge, SK9 7GU
Bank
-
Legal Advisor
SHOOSMITHS LLP
city suites (manchester) 2 holdco 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 8 charges/mortgages relating to city suites (manchester) 2 holdco limited. Currently there are 1 open charges and 7 have been satisfied in the past.
city suites (manchester) 2 holdco limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
city suites (manchester) 2 holdco limited Companies House Filings - See Documents
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