city suites (manchester) 2 holdco limited

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city suites (manchester) 2 holdco limited Company Information

Share CITY SUITES (MANCHESTER) 2 HOLDCO LIMITED

Company Number

11047864

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

city suites (manchester) 2 holdco limited Estimated Valuation

£0

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

£181.2m

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

£10.5m

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

Health Check Image
Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

6 Weak

size

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

Growth

There is insufficient data available for this Key Performance Indicator!

- - City Suites (manchester) 2 Holdco Limited

- - Industry AVG

production

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

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

Employees

with 1 employees, this is below the industry average (4)

1 - City Suites (manchester) 2 Holdco Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - City Suites (manchester) 2 Holdco Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £3k, this is less efficient (£202.5k)

£3k - City Suites (manchester) 2 Holdco Limited

£202.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - City Suites (manchester) 2 Holdco Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - City Suites (manchester) 2 Holdco Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - City Suites (manchester) 2 Holdco Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - City Suites (manchester) 2 Holdco Limited

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover3,00042,757,00021,331,000
Other Income Or Grants
Cost Of Sales338,00036,629,00019,855,000
Gross Profit-335,0006,128,0001,476,000
Admin Expenses54,0003,0004,000
Operating Profit-389,0006,125,0001,472,000
Interest Payable91,000107,00052,000
Interest Receivable91,00092,000
Pre-Tax Profit-389,0006,110,0001,420,000
Tax72,000-993,000-190,000
Profit After Tax-317,0005,117,0001,230,000
Dividends Paid
Retained Profit-317,0005,117,0001,230,000
Employee Costs
Number Of Employees12291381
EBITDA*-389,0006,125,0001,472,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets2,671,0002,671,000993,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)2,671,0002,671,000993,000
Total Fixed Assets2,671,0002,671,000993,000
Stock & work in progress34,178,000
Trade Debtors
Group Debtors34,938,00035,208,0004,828,000247
Misc Debtors109,000115,000
Cash
misc current assets
total current assets34,939,00035,338,00039,121,000247
total assets37,610,00038,009,00040,114,000247
Bank overdraft
Bank loan
Trade Creditors 11,00024,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities28,745,00027,803,00035,768,000
total current liabilities28,745,00027,814,00035,792,000
loans5,342,0005,342,0004,884,000
hp & lease commitments2,671,0002,671,0002,442,000
Accruals and Deferred Income
other liabilities
provisions328,0002,354,0001,300,000
total long term liabilities2,835,0003,848,0003,092,000
total liabilities31,580,00031,662,00038,884,000
net assets6,030,0006,347,0001,230,000247
total shareholders funds6,030,0006,347,0001,230,000247
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit-389,0006,125,0001,472,000
Depreciation
Amortisation
Tax72,000-993,000-190,000
Stock-34,178,00034,178,000
Debtors-379,00032,052,0005,936,000-247247
Creditors-11,000-13,00024,000
Accruals and Deferred Income942,000-7,965,00035,768,000
Deferred Taxes & Provisions-2,026,0001,054,0001,300,000
Cash flow from operations-1,033,000334,000-1,740,000247-247
Investing Activities
capital expenditure-1,678,000-993,000
Change in Investments
cash flow from investments-1,678,000-993,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans458,0004,884,000
Hire Purchase and Lease Commitments229,0002,442,000
other long term liabilities
share issue-247247
interest-15,000-52,000
cash flow from financing672,0007,274,000-247247
cash and cash equivalents
cash
overdraft
change in cash

city suites (manchester) 2 holdco limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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City Suites (manchester) 2 Holdco Limited Competitor Analysis

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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 Shareholders

city suites limited 100%

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).

officercountryagestartendrole
Mr Giles BeswickEngland50 years Nov 2017- Director
Mr Michael SlaterEngland50 years Oct 2019- Director

P&L

December 2023

turnover

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 2023

net assets

6m

-0.05%

total assets

37.6m

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

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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.

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city suites (manchester) 2 holdco limited Companies House Filings - See Documents

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