atlantic lodgings ltd

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atlantic lodgings ltd Company Information

Share ATLANTIC LODGINGS LTD

Company Number

11911840

Shareholders

cornisher investment 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

45 dunsmure road, london, N16 5PT

Website

-

atlantic lodgings ltd Estimated Valuation

£109.4k

Pomanda estimates the enterprise value of ATLANTIC LODGINGS LTD at £109.4k based on a Turnover of £33.1k and 3.3x industry multiple (adjusted for size and gross margin).

atlantic lodgings ltd Estimated Valuation

£80.9k

Pomanda estimates the enterprise value of ATLANTIC LODGINGS LTD at £80.9k based on an EBITDA of £12.2k and a 6.63x industry multiple (adjusted for size and gross margin).

atlantic lodgings ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ATLANTIC LODGINGS LTD at £0 based on Net Assets of £-10.9k and 1.76x industry multiple (adjusted for liquidity).

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Atlantic Lodgings Ltd Overview

Atlantic Lodgings Ltd is a live company located in london, N16 5PT with a Companies House number of 11911840. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2019, it's largest shareholder is cornisher investment limited with a 100% stake. Atlantic Lodgings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £33.1k with unknown growth in recent years.

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Atlantic Lodgings Ltd Health Check

Pomanda's financial health check has awarded Atlantic Lodgings Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £33.1k, make it smaller than the average company (£923.6k)

£33.1k - Atlantic Lodgings Ltd

£923.6k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Lodgings Ltd

- - Industry AVG

production

Production

with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)

75.5% - Atlantic Lodgings Ltd

75.5% - Industry AVG

profitability

Profitability

an operating margin of 36.8% make it more profitable than the average company (29.3%)

36.8% - Atlantic Lodgings Ltd

29.3% - Industry AVG

employees

Employees

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

1 - Atlantic Lodgings Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - Atlantic Lodgings Ltd

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33.1k, this is less efficient (£177.3k)

£33.1k - Atlantic Lodgings Ltd

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is near the average (30 days)

30 days - Atlantic Lodgings Ltd

30 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Lodgings Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Lodgings Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Atlantic Lodgings Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 101.8%, this is a higher level of debt than the average (64%)

101.8% - Atlantic Lodgings Ltd

64% - Industry AVG

ATLANTIC LODGINGS LTD financials

EXPORTms excel logo

Atlantic Lodgings Ltd's latest turnover from March 2024 is estimated at £33.1 thousand and the company has net assets of -£10.9 thousand. According to their latest financial statements, we estimate that Atlantic Lodgings Ltd has 1 employee and maintains cash reserves of £299 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover33,116
Other Income Or Grants
Cost Of Sales8,116
Gross Profit25,000
Admin Expenses12,804
Operating Profit12,196
Interest Payable23,119
Interest Receivable8
Pre-Tax Profit-10,915
Tax
Profit After Tax-10,915
Dividends Paid
Retained Profit-10,915
Employee Costs32,393
Number Of Employees1
EBITDA*12,196

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets
Intangible Assets
Investments & Other589,3182
Debtors (Due After 1 year)
Total Fixed Assets589,3182
Stock & work in progress
Trade Debtors2,804
Group Debtors
Misc Debtors5,000
Cash299222
misc current assets
total current assets8,103222
total assets597,4212222
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities197,323
total current liabilities197,323
loans411,011
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities411,011
total liabilities608,334
net assets-10,9132222
total shareholders funds-10,9132222
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit12,196
Depreciation
Amortisation
Tax
Stock
Debtors7,804
Creditors
Accruals and Deferred Income197,323
Deferred Taxes & Provisions
Cash flow from operations201,715
Investing Activities
capital expenditure
Change in Investments589,318-22
cash flow from investments-589,3182-2
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans411,011
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest-23,111
cash flow from financing387,9002
cash and cash equivalents
cash2972
overdraft
change in cash2972

atlantic lodgings ltd 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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Atlantic Lodgings Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for atlantic lodgings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.

atlantic lodgings ltd Ownership

ATLANTIC LODGINGS LTD group structure

Atlantic Lodgings Ltd has no subsidiary companies.

Ultimate parent company

1 parent

ATLANTIC LODGINGS LTD

11911840

ATLANTIC LODGINGS LTD Shareholders

cornisher investment limited 100%

atlantic lodgings ltd directors

Atlantic Lodgings Ltd currently has 1 director, Mr Joshua Grunhut serving since Mar 2019.

officercountryagestartendrole
Mr Joshua GrunhutEngland47 years Mar 2019- Director

P&L

March 2024

turnover

33.1k

0%

operating profit

12.2k

0%

gross margin

75.5%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-10.9k

-5457.5%

total assets

597.4k

+298709.5%

cash

299

+148.5%

net assets

Total assets minus all liabilities

atlantic lodgings ltd company details

company number

11911840

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

March 2019

age

6

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

45 dunsmure road, london, N16 5PT

Bank

-

Legal Advisor

-

atlantic lodgings 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 1 charges/mortgages relating to atlantic lodgings ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

atlantic lodgings ltd 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 ATLANTIC LODGINGS LTD. This can take several minutes, an email will notify you when this has completed.

atlantic lodgings ltd Companies House Filings - See Documents

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