citihome glasgow ltd
citihome glasgow ltd Company Information
Company Number
11434374
Website
-Registered Address
st john house the walk, potters bar, EN6 1QQ
Industry
Hotels and similar accommodation
Telephone
08456884001
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
citihome glasgow holdings ltd 100%
citihome glasgow ltd Estimated Valuation
Pomanda estimates the enterprise value of CITIHOME GLASGOW LTD at £329.2k based on a Turnover of £299.4k and 1.1x industry multiple (adjusted for size and gross margin).
citihome glasgow ltd Estimated Valuation
Pomanda estimates the enterprise value of CITIHOME GLASGOW LTD at £1.3m based on an EBITDA of £297.2k and a 4.42x industry multiple (adjusted for size and gross margin).
citihome glasgow ltd Estimated Valuation
Pomanda estimates the enterprise value of CITIHOME GLASGOW LTD at £0 based on Net Assets of £-171k and 0.73x industry multiple (adjusted for liquidity).
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Citihome Glasgow Ltd Overview
Citihome Glasgow Ltd is a live company located in potters bar, EN6 1QQ with a Companies House number of 11434374. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in June 2018, it's largest shareholder is citihome glasgow holdings ltd with a 100% stake. Citihome Glasgow Ltd is a young, micro sized company, Pomanda has estimated its turnover at £299.4k with rapid growth in recent years.
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Citihome Glasgow Ltd Health Check
Pomanda's financial health check has awarded Citihome Glasgow Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £299.4k, make it smaller than the average company (£5.1m)
- Citihome Glasgow Ltd
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (3.6%)
- Citihome Glasgow Ltd
3.6% - Industry AVG
Production
with a gross margin of 63%, this company has a comparable cost of product (63%)
- Citihome Glasgow Ltd
63% - Industry AVG
Profitability
an operating margin of 99.3% make it more profitable than the average company (8.2%)
- Citihome Glasgow Ltd
8.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (79)
2 - Citihome Glasgow Ltd
79 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£22.3k)
- Citihome Glasgow Ltd
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £149.7k, this is more efficient (£68.4k)
- Citihome Glasgow Ltd
£68.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Citihome Glasgow Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1744 days, this is slower than average (46 days)
- Citihome Glasgow Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Citihome Glasgow Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Citihome Glasgow Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.9%, this is a higher level of debt than the average (74.9%)
102.9% - Citihome Glasgow Ltd
74.9% - Industry AVG
CITIHOME GLASGOW LTD financials
Citihome Glasgow Ltd's latest turnover from September 2023 is estimated at £299.4 thousand and the company has net assets of -£171 thousand. According to their latest financial statements, Citihome Glasgow Ltd has 2 employees and maintains cash reserves of £8.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,994,724 | 5,526,222 | 5,203,140 | 4,904,533 | 4,123,260 |
| 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 | 5,994,724 | 5,526,222 | 5,203,140 | 4,904,533 | 4,123,260 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 9,360 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 190 | 571 | 1,483 | 1,085 | 1,525 |
| Cash | 8,522 | 17,380 | 9,672 | 1,764 | 2,783 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,712 | 17,951 | 11,155 | 2,849 | 13,668 |
| total assets | 6,003,436 | 5,544,173 | 5,214,295 | 4,907,382 | 4,136,928 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 3,253,000 | 0 | 0 | 0 | 0 |
| Trade Creditors | 529,818 | 60,583 | 64,987 | 48,671 | 18,710 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 1,332,854 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,391,617 | 2,341,617 | 1,590,454 | 1,289,955 | 2,334 |
| total current liabilities | 6,174,435 | 2,402,200 | 1,655,441 | 1,338,626 | 1,353,898 |
| loans | 0 | 3,253,000 | 3,603,000 | 3,603,000 | 2,800,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 3,253,000 | 3,603,000 | 3,603,000 | 2,800,000 |
| total liabilities | 6,174,435 | 5,655,200 | 5,258,441 | 4,941,626 | 4,153,898 |
| net assets | -170,999 | -111,027 | -44,146 | -34,244 | -16,970 |
| total shareholders funds | -170,999 | -111,027 | -44,146 | -34,244 | -16,970 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -381 | -912 | 398 | -9,800 | 10,885 |
| Creditors | 469,235 | -4,404 | 16,316 | 29,961 | 18,710 |
| Accruals and Deferred Income | 50,000 | 751,163 | 300,499 | 1,287,621 | 2,334 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 3,253,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -1,332,854 | 1,332,854 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,253,000 | -350,000 | 0 | 803,000 | 2,800,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -8,858 | 7,708 | 7,908 | -1,019 | 2,783 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,858 | 7,708 | 7,908 | -1,019 | 2,783 |
citihome glasgow ltd Credit Report and Business Information
Citihome Glasgow Ltd Competitor Analysis
Perform a competitor analysis for citihome glasgow ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EN6 area or any other competitors across 12 key performance metrics.
citihome glasgow ltd Ownership
CITIHOME GLASGOW LTD group structure
Citihome Glasgow Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
CITIHOME GLASGOW LTD
11434374
1 subsidiary
citihome glasgow ltd directors
Citihome Glasgow Ltd currently has 2 directors. The longest serving directors include Mr Simon Lester (Jun 2018) and Mr Martin Johnstone (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Lester | 60 years | Jun 2018 | - | Director | |
| Mr Martin Johnstone | 66 years | Jun 2018 | - | Director |
P&L
September 2023turnover
299.4k
+159%
operating profit
297.2k
0%
gross margin
63%
+4.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-171k
+0.54%
total assets
6m
+0.08%
cash
8.5k
-0.51%
net assets
Total assets minus all liabilities
citihome glasgow ltd company details
company number
11434374
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
June 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
st john house the walk, potters bar, EN6 1QQ
accountant
-
auditor
-
citihome glasgow 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 found 5 charges/mortgages relating to citihome glasgow ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
citihome glasgow ltd Companies House Filings - See Documents
| date | description | view/download |
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