wr hospitality limited
wr hospitality limited Company Information
Company Number
11118829
Website
-Registered Address
verulam house cropmead, crewkerne, somerset, TA18 7HQ
Industry
Licensed restaurants
Public houses and bars
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Westley Devonald6 Years
Shareholders
westley devonald 100%
wr hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of WR HOSPITALITY LIMITED at £551.4k based on a Turnover of £873.9k and 0.63x industry multiple (adjusted for size and gross margin).
wr hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of WR HOSPITALITY LIMITED at £87.7k based on an EBITDA of £18.7k and a 4.7x industry multiple (adjusted for size and gross margin).
wr hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of WR HOSPITALITY LIMITED at £0 based on Net Assets of £-22.3k and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wr Hospitality Limited Overview
Wr Hospitality Limited is a live company located in somerset, TA18 7HQ with a Companies House number of 11118829. It operates in the licenced restaurants sector, SIC Code 56101. Founded in December 2017, it's largest shareholder is westley devonald with a 100% stake. Wr Hospitality Limited is a young, small sized company, Pomanda has estimated its turnover at £873.9k with declining growth in recent years.
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Wr Hospitality Limited Health Check
Pomanda's financial health check has awarded Wr Hospitality Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
7 Weak
Size
annual sales of £873.9k, make it smaller than the average company (£1.2m)
- Wr Hospitality Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (0.7%)
- Wr Hospitality Limited
0.7% - Industry AVG
Production
with a gross margin of 57.6%, this company has a comparable cost of product (57.6%)
- Wr Hospitality Limited
57.6% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.4%)
- Wr Hospitality Limited
5.4% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (25)
25 - Wr Hospitality Limited
25 - Industry AVG
Pay Structure
on an average salary of £16.7k, the company has an equivalent pay structure (£16.7k)
- Wr Hospitality Limited
£16.7k - Industry AVG
Efficiency
resulting in sales per employee of £35k, this is less efficient (£47.1k)
- Wr Hospitality Limited
£47.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wr Hospitality Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (52 days)
- Wr Hospitality Limited
52 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (15 days)
- Wr Hospitality Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (15 weeks)
12 weeks - Wr Hospitality Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.1%, this is a higher level of debt than the average (84.9%)
112.1% - Wr Hospitality Limited
84.9% - Industry AVG
WR HOSPITALITY LIMITED financials
Wr Hospitality Limited's latest turnover from January 2023 is estimated at £873.9 thousand and the company has net assets of -£22.3 thousand. According to their latest financial statements, Wr Hospitality Limited has 25 employees and maintains cash reserves of £34.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 25 | 24 | 19 | 21 | 32 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 78,787 | 77,793 | 79,595 | 84,897 | 20,437 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 78,787 | 77,793 | 79,595 | 84,897 | 20,437 |
| Stock & work in progress | 12,668 | 11,254 | 5,500 | 13,103 | 18,492 |
| Trade Debtors | 0 | 0 | 1,699 | 31,005 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 59,025 | 34,683 | 79,702 | 0 | 50,701 |
| Cash | 34,069 | 36,316 | 32,435 | 8,793 | 5,736 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 105,762 | 82,253 | 119,336 | 52,901 | 74,929 |
| total assets | 184,549 | 160,046 | 198,931 | 137,798 | 95,366 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 4,947 | 10,000 | 6,671 | 0 | 0 |
| Trade Creditors | 37,441 | 19,060 | 14,196 | 77,153 | 25,174 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 98,965 | 78,523 | 64,329 | 0 | 59,337 |
| total current liabilities | 141,353 | 107,583 | 85,196 | 77,153 | 84,511 |
| loans | 31,333 | 33,333 | 43,329 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 19,788 | 32,492 | 45,196 | 43,731 | 0 |
| provisions | 14,378 | 14,756 | 15,123 | 15,093 | 672 |
| total long term liabilities | 65,499 | 80,581 | 103,648 | 58,824 | 672 |
| total liabilities | 206,852 | 188,164 | 188,844 | 135,977 | 85,183 |
| net assets | -22,303 | -28,118 | 10,087 | 1,821 | 10,183 |
| total shareholders funds | -22,303 | -28,118 | 10,087 | 1,821 | 10,183 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 8,929 | 8,861 | 9,116 | 9,433 | 2,271 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 1,414 | 5,754 | -7,603 | -5,389 | 18,492 |
| Debtors | 24,342 | -46,718 | 50,396 | -19,696 | 50,701 |
| Creditors | 18,381 | 4,864 | -62,957 | 51,979 | 25,174 |
| Accruals and Deferred Income | 20,442 | 14,194 | 64,329 | -59,337 | 59,337 |
| Deferred Taxes & Provisions | -378 | -367 | 30 | 14,421 | 672 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -5,053 | 3,329 | 6,671 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,000 | -9,996 | 43,329 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -12,704 | -12,704 | 1,465 | 43,731 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -2,247 | 3,881 | 23,642 | 3,057 | 5,736 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,247 | 3,881 | 23,642 | 3,057 | 5,736 |
wr hospitality limited Credit Report and Business Information
Wr Hospitality Limited Competitor Analysis
Perform a competitor analysis for wr hospitality limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TA18 area or any other competitors across 12 key performance metrics.
wr hospitality limited Ownership
WR HOSPITALITY LIMITED group structure
Wr Hospitality Limited has no subsidiary companies.
Ultimate parent company
WR HOSPITALITY LIMITED
11118829
wr hospitality limited directors
Wr Hospitality Limited currently has 1 director, Mr Westley Devonald serving since Dec 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Westley Devonald | United Kingdom | 35 years | Dec 2017 | - | Director |
P&L
January 2023turnover
873.9k
+58%
operating profit
9.7k
0%
gross margin
57.6%
-3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-22.3k
-0.21%
total assets
184.5k
+0.15%
cash
34.1k
-0.06%
net assets
Total assets minus all liabilities
Similar Companies
wr hospitality limited company details
company number
11118829
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
56302 - Public houses and bars
incorporation date
December 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
verulam house cropmead, crewkerne, somerset, TA18 7HQ
accountant
FREEMAN BALE
auditor
-
wr hospitality 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 1 charges/mortgages relating to wr hospitality limited. Currently there are 1 open charges and 0 have been satisfied in the past.
wr hospitality limited Companies House Filings - See Documents
| date | description | view/download |
|---|
