mytton fold hotel 2020 ltd
mytton fold hotel 2020 ltd Company Information
Company Number
12431013
Next Accounts
Sep 2025
Shareholders
senator international limited
Group Structure
View All
Industry
Manufacture of other furniture
Registered Address
syke side drive, altham business park, accrington, lancashire, BB5 5YE
Website
https://www.myttonfold.co.ukmytton fold hotel 2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of MYTTON FOLD HOTEL 2020 LTD at £828.1k based on a Turnover of £2.7m and 0.31x industry multiple (adjusted for size and gross margin).
mytton fold hotel 2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of MYTTON FOLD HOTEL 2020 LTD at £0 based on an EBITDA of £-118.3k and a 3.27x industry multiple (adjusted for size and gross margin).
mytton fold hotel 2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of MYTTON FOLD HOTEL 2020 LTD at £0 based on Net Assets of £-1.2m and 1.82x industry multiple (adjusted for liquidity).
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Mytton Fold Hotel 2020 Ltd Overview
Mytton Fold Hotel 2020 Ltd is a live company located in accrington, BB5 5YE with a Companies House number of 12431013. It operates in the manufacture of other furniture sector, SIC Code 31090. Founded in January 2020, it's largest shareholder is senator international limited with a 100% stake. Mytton Fold Hotel 2020 Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.
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Mytton Fold Hotel 2020 Ltd Health Check
Pomanda's financial health check has awarded Mytton Fold Hotel 2020 Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£12.2m)
- Mytton Fold Hotel 2020 Ltd
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 232%, show it is growing at a faster rate (8%)
- Mytton Fold Hotel 2020 Ltd
8% - Industry AVG
Production
with a gross margin of 31.2%, this company has a comparable cost of product (31.2%)
- Mytton Fold Hotel 2020 Ltd
31.2% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (3.9%)
- Mytton Fold Hotel 2020 Ltd
3.9% - Industry AVG
Employees
with 67 employees, this is below the industry average (87)
67 - Mytton Fold Hotel 2020 Ltd
87 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Mytton Fold Hotel 2020 Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £40.5k, this is less efficient (£130.3k)
- Mytton Fold Hotel 2020 Ltd
£130.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (44 days)
- Mytton Fold Hotel 2020 Ltd
44 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (40 days)
- Mytton Fold Hotel 2020 Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (44 days)
- Mytton Fold Hotel 2020 Ltd
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Mytton Fold Hotel 2020 Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 160.3%, this is a higher level of debt than the average (55.7%)
160.3% - Mytton Fold Hotel 2020 Ltd
55.7% - Industry AVG
MYTTON FOLD HOTEL 2020 LTD financials
Mytton Fold Hotel 2020 Ltd's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of -£1.2 million. According to their latest financial statements, Mytton Fold Hotel 2020 Ltd has 67 employees and maintains cash reserves of £105.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| 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 | 67 | 67 | 56 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 1,896,221 | 1,953,126 | 2,014,794 | 1,990,013 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 1,896,221 | 1,953,126 | 2,014,794 | 1,990,013 |
| Stock & work in progress | 27,895 | 22,970 | 22,650 | 12,842 |
| Trade Debtors | 6,114 | 54,513 | 18,768 | 4,834 |
| Group Debtors | ||||
| Misc Debtors | 9,365 | 15,161 | 12,473 | 72,651 |
| Cash | 105,142 | 70,168 | 45,502 | 8,572 |
| misc current assets | ||||
| total current assets | 148,516 | 162,812 | 99,393 | 98,899 |
| total assets | 2,044,737 | 2,115,938 | 2,114,187 | 2,088,912 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 73,170 | 68,810 | 47,249 | 19,208 |
| Group/Directors Accounts | 2,765,010 | 2,719,243 | 2,579,154 | 2,349,440 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 404,731 | 316,928 | 226,446 | 82,514 |
| total current liabilities | 3,242,911 | 3,104,981 | 2,852,849 | 2,451,162 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 34,146 | 30,942 | 25,475 | |
| total long term liabilities | 34,146 | 30,942 | 25,475 | |
| total liabilities | 3,277,057 | 3,135,923 | 2,878,324 | 2,451,162 |
| net assets | -1,232,320 | -1,019,985 | -764,137 | -362,250 |
| total shareholders funds | -1,232,320 | -1,019,985 | -764,137 | -362,250 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 98,629 | 94,225 | 89,967 | 32,598 |
| Amortisation | ||||
| Tax | ||||
| Stock | 4,925 | 320 | 9,808 | 12,842 |
| Debtors | -54,195 | 38,433 | -46,244 | 77,485 |
| Creditors | 4,360 | 21,561 | 28,041 | 19,208 |
| Accruals and Deferred Income | 87,803 | 90,482 | 143,932 | 82,514 |
| Deferred Taxes & Provisions | 3,204 | 5,467 | 25,475 | |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 45,767 | 140,089 | 229,714 | 2,349,440 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 34,974 | 24,666 | 36,930 | 8,572 |
| overdraft | ||||
| change in cash | 34,974 | 24,666 | 36,930 | 8,572 |
mytton fold hotel 2020 ltd Credit Report and Business Information
Mytton Fold Hotel 2020 Ltd Competitor Analysis
Perform a competitor analysis for mytton fold hotel 2020 ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BB5 area or any other competitors across 12 key performance metrics.
mytton fold hotel 2020 ltd Ownership
MYTTON FOLD HOTEL 2020 LTD group structure
Mytton Fold Hotel 2020 Ltd has no subsidiary companies.
Ultimate parent company
1 parent
MYTTON FOLD HOTEL 2020 LTD
12431013
mytton fold hotel 2020 ltd directors
Mytton Fold Hotel 2020 Ltd currently has 2 directors. The longest serving directors include Mr Robert Mustoe (Jan 2020) and Mr Colin Mustoe (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Mustoe | England | 52 years | Jan 2020 | - | Director |
| Mr Colin Mustoe | United Kingdom | 79 years | Jan 2020 | - | Director |
P&L
December 2023turnover
2.7m
-2%
operating profit
-216.9k
0%
gross margin
31.2%
-0.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.2m
+0.21%
total assets
2m
-0.03%
cash
105.1k
+0.5%
net assets
Total assets minus all liabilities
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mytton fold hotel 2020 ltd company details
company number
12431013
Type
Private limited with Share Capital
industry
31090 - Manufacture of other furniture
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
XEINADIN AUDIT LTD
auditor
-
address
syke side drive, altham business park, accrington, lancashire, BB5 5YE
Bank
-
Legal Advisor
-
mytton fold hotel 2020 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 did not find charges/mortgages relating to mytton fold hotel 2020 ltd.
mytton fold hotel 2020 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.
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mytton fold hotel 2020 ltd Companies House Filings - See Documents
| date | description | view/download |
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