z hotels group limited
z hotels group limited Company Information
Company Number
12184800
Next Accounts
Dec 2024
Industry
Activities of head offices
Shareholders
z group topco ltd
Group Structure
View All
Contact
Registered Address
53-59 chandos place, london, WC2N 4HS
Website
thezhotels.comz hotels group limited Estimated Valuation
Pomanda estimates the enterprise value of Z HOTELS GROUP LIMITED at £84.8m based on a Turnover of £49m and 1.73x industry multiple (adjusted for size and gross margin).
z hotels group limited Estimated Valuation
Pomanda estimates the enterprise value of Z HOTELS GROUP LIMITED at £166.1m based on an EBITDA of £12.7m and a 13.1x industry multiple (adjusted for size and gross margin).
z hotels group limited Estimated Valuation
Pomanda estimates the enterprise value of Z HOTELS GROUP LIMITED at £45.6m based on Net Assets of £22.9m and 1.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Z Hotels Group Limited Overview
Z Hotels Group Limited is a live company located in london, WC2N 4HS with a Companies House number of 12184800. It operates in the activities of head offices sector, SIC Code 70100. Founded in September 2019, it's largest shareholder is z group topco ltd with a 100% stake. Z Hotels Group Limited is a young, large sized company, Pomanda has estimated its turnover at £49m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Z Hotels Group Limited Health Check
Pomanda's financial health check has awarded Z Hotels Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £49m, make it larger than the average company (£18.9m)
£49m - Z Hotels Group Limited
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.7%)
5% - Z Hotels Group Limited
4.7% - Industry AVG
Production
with a gross margin of 68.8%, this company has a lower cost of product (33%)
68.8% - Z Hotels Group Limited
33% - Industry AVG
Profitability
an operating margin of 15.5% make it more profitable than the average company (6%)
15.5% - Z Hotels Group Limited
6% - Industry AVG
Employees
with 286 employees, this is above the industry average (111)
286 - Z Hotels Group Limited
111 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has a lower pay structure (£46.6k)
£34.6k - Z Hotels Group Limited
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £171.2k, this is equally as efficient (£193.1k)
£171.2k - Z Hotels Group Limited
£193.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (46 days)
2 days - Z Hotels Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is close to average (44 days)
46 days - Z Hotels Group Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (49 days)
9 days - Z Hotels Group Limited
49 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Z Hotels Group Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (56.5%)
87.3% - Z Hotels Group Limited
56.5% - Industry AVG
Z HOTELS GROUP LIMITED financials
Z Hotels Group Limited's latest turnover from March 2023 is £49 million and the company has net assets of £22.9 million. According to their latest financial statements, Z Hotels Group Limited has 286 employees and maintains cash reserves of £725.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Turnover | 48,963,368 | 28,860,937 | 5,092,008 | 42,867,930 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 15,275,800 | 9,820,772 | 5,989,904 | 13,427,707 |
| Gross Profit | 33,687,568 | 19,040,165 | -897,896 | 29,440,223 |
| Admin Expenses | 26,117,132 | 23,790,239 | 20,138,550 | 28,793,530 |
| Operating Profit | 7,570,436 | -4,750,074 | -21,036,446 | 646,693 |
| Interest Payable | 7,434,610 | 7,230,554 | 7,602,227 | 7,139,459 |
| Interest Receivable | 22,737 | 547,596 | 232,624 | 263,902 |
| Pre-Tax Profit | 158,563 | -2,515,223 | -24,081,038 | -6,228,864 |
| Tax | -949,275 | 6,556,278 | 5,800,709 | -8,104,887 |
| Profit After Tax | -790,712 | 4,041,055 | -18,280,329 | -14,333,751 |
| Dividends Paid | 0 | 0 | 0 | 4,353,376 |
| Retained Profit | -790,712 | 4,041,055 | -18,280,329 | -18,687,127 |
| Employee Costs | 9,884,043 | 7,647,299 | 6,935,408 | 8,432,636 |
| Number Of Employees | 286 | 270 | 263 | 280 |
| EBITDA* | 12,686,162 | -618,840 | -15,471,126 | 4,447,973 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 145,206,296 | 146,134,426 | 176,044,397 | 199,687,544 |
| Intangible Assets | 8,295 | 18,947 | 29,599 | 40,251 |
| Investments & Other | 6,945,000 | 6,945,000 | 6,945,000 | 3,300,000 |
| Debtors (Due After 1 year) | 10,353,868 | 21,492,034 | 0 | 0 |
| Total Fixed Assets | 162,513,459 | 174,590,407 | 183,018,996 | 203,027,795 |
| Stock & work in progress | 378,493 | 391,049 | 533,979 | 623,647 |
| Trade Debtors | 296,084 | 883,229 | 700,304 | 208,493 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,720,141 | 14,573,895 | 14,796,979 | 21,247,812 |
| Cash | 725,666 | 815,297 | 1,960,808 | 7,355,293 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 18,120,384 | 16,663,470 | 17,992,070 | 29,435,245 |
| total assets | 180,633,843 | 191,253,877 | 201,011,066 | 232,463,040 |
| Bank overdraft | 46,115,376 | 21,724,536 | 14,615,059 | 2,069,598 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,938,238 | 9,041,892 | 5,722,763 | 3,541,319 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 30,046,096 | 6,365,522 | 6,365,522 | 6,365,522 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 36,684,911 | 44,240,152 | 41,033,107 | 39,128,127 |
| total current liabilities | 114,784,621 | 81,372,102 | 67,736,451 | 51,104,566 |
| loans | 23,436,667 | 60,336,773 | 78,947,128 | 98,808,017 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 19,505,742 | 19,479,505 | 17,599,032 | 19,970,685 |
| total long term liabilities | 42,942,409 | 79,816,278 | 96,546,160 | 118,778,702 |
| total liabilities | 157,727,030 | 161,188,380 | 164,282,611 | 169,883,268 |
| net assets | 22,906,813 | 30,065,497 | 36,728,455 | 62,579,772 |
| total shareholders funds | 22,906,813 | 30,065,497 | 36,728,455 | 62,579,772 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 7,570,436 | -4,750,074 | -21,036,446 | 646,693 |
| Depreciation | 5,105,074 | 4,120,582 | 5,554,668 | 3,790,291 |
| Amortisation | 10,652 | 10,652 | 10,652 | 10,989 |
| Tax | -949,275 | 6,556,278 | 5,800,709 | -8,104,887 |
| Stock | -12,556 | -142,930 | -89,668 | 623,647 |
| Debtors | -9,579,065 | 21,451,875 | -5,959,022 | 21,456,305 |
| Creditors | -7,103,654 | 3,319,129 | 2,181,444 | 3,541,319 |
| Accruals and Deferred Income | -7,555,241 | 3,207,045 | 1,904,980 | 39,128,127 |
| Deferred Taxes & Provisions | 26,237 | 1,880,473 | -2,371,653 | 19,970,685 |
| Cash flow from operations | 6,695,850 | -6,964,860 | -1,906,956 | 36,903,265 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 3,645,000 | 3,300,000 |
| cash flow from investments | 0 | 0 | -3,645,000 | -3,300,000 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 23,680,574 | 0 | 0 | 6,365,522 |
| Long term loans | -36,900,106 | -18,610,355 | -19,860,889 | 98,808,017 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -7,411,873 | -6,682,958 | -7,369,603 | -6,875,557 |
| cash flow from financing | -26,999,377 | -35,997,326 | -34,801,480 | 179,564,881 |
| cash and cash equivalents | ||||
| cash | -89,631 | -1,145,511 | -5,394,485 | 7,355,293 |
| overdraft | 24,390,840 | 7,109,477 | 12,545,461 | 2,069,598 |
| change in cash | -24,480,471 | -8,254,988 | -17,939,946 | 5,285,695 |
z hotels group limited Credit Report and Business Information
Z Hotels Group Limited Competitor Analysis
Perform a competitor analysis for z hotels group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WC2N area or any other competitors across 12 key performance metrics.
z hotels group limited Ownership
Z HOTELS GROUP LIMITED group structure
Z Hotels Group Limited has 5 subsidiary companies.
Ultimate parent company
Z HOTELS GROUP LIMITED
12184800
5 subsidiaries
z hotels group limited directors
Z Hotels Group Limited currently has 5 directors. The longest serving directors include Mr Richard Meehan (Sep 2019) and Mr Beverly King (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Meehan | England | 50 years | Sep 2019 | - | Director |
| Mr Beverly King | England | 58 years | Sep 2019 | - | Director |
| Mr Richard Meehan | England | 50 years | Sep 2019 | - | Director |
| Mr Beverly King | England | 58 years | Sep 2019 | - | Director |
| Mr Patricio Leighton | England | 56 years | Nov 2022 | - | Director |
P&L
March 2023turnover
49m
+70%
operating profit
7.6m
-259%
gross margin
68.9%
+4.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
22.9m
-0.24%
total assets
180.6m
-0.06%
cash
725.7k
-0.11%
net assets
Total assets minus all liabilities
z hotels group limited company details
company number
12184800
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
September 2019
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
53-59 chandos place, london, WC2N 4HS
Bank
-
Legal Advisor
-
z hotels group 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 4 charges/mortgages relating to z hotels group limited. Currently there are 3 open charges and 1 have been satisfied in the past.
z hotels group 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 Z HOTELS GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
z hotels group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
