prem apart manchester ltd
prem apart manchester ltd Company Information
Company Number
12602673
Next Accounts
Sep 2025
Shareholders
windshear ltd
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
eden square east, retail unit 1, 7 hatton garden, liverpool, L3 2FE
Website
premgroup.comprem apart manchester ltd Estimated Valuation
Pomanda estimates the enterprise value of PREM APART MANCHESTER LTD at £8.9k based on a Turnover of £8.3k and 1.08x industry multiple (adjusted for size and gross margin).
prem apart manchester ltd Estimated Valuation
Pomanda estimates the enterprise value of PREM APART MANCHESTER LTD at £250.9k based on an EBITDA of £58.1k and a 4.32x industry multiple (adjusted for size and gross margin).
prem apart manchester ltd Estimated Valuation
Pomanda estimates the enterprise value of PREM APART MANCHESTER LTD at £0 based on Net Assets of £-191.9k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Prem Apart Manchester Ltd Overview
Prem Apart Manchester Ltd is a live company located in liverpool, L3 2FE with a Companies House number of 12602673. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2020, it's largest shareholder is windshear ltd with a 100% stake. Prem Apart Manchester Ltd is a young, micro sized company, Pomanda has estimated its turnover at £8.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Prem Apart Manchester Ltd Health Check
Pomanda's financial health check has awarded Prem Apart Manchester Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £8.3k, make it smaller than the average company (£5.5m)
- Prem Apart Manchester Ltd
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -71%, show it is growing at a slower rate (11.9%)
- Prem Apart Manchester Ltd
11.9% - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
- Prem Apart Manchester Ltd
64.1% - Industry AVG
Profitability
an operating margin of 693% make it more profitable than the average company (8.2%)
- Prem Apart Manchester Ltd
8.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (82)
- Prem Apart Manchester Ltd
82 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- Prem Apart Manchester Ltd
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £8.3k, this is less efficient (£75.7k)
- Prem Apart Manchester Ltd
£75.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Prem Apart Manchester Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 351 days, this is slower than average (45 days)
- Prem Apart Manchester Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Prem Apart Manchester Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (6 weeks)
10 weeks - Prem Apart Manchester Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 470.1%, this is a higher level of debt than the average (76.5%)
470.1% - Prem Apart Manchester Ltd
76.5% - Industry AVG
PREM APART MANCHESTER LTD financials
Prem Apart Manchester Ltd's latest turnover from December 2023 is estimated at £8.3 thousand and the company has net assets of -£191.9 thousand. According to their latest financial statements, we estimate that Prem Apart Manchester Ltd has 1 employee and maintains cash reserves of £50.9 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 | 6 | 6 | 7 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 974 | 1,829 | 137,127 | 164,354 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 974 | 1,829 | 137,127 | 164,354 |
| Stock & work in progress | ||||
| Trade Debtors | 52,627 | 52,423 | 7,934 | |
| Group Debtors | 126 | 735 | 51,251 | |
| Misc Debtors | 46,729 | 18,084 | 3,757 | |
| Cash | 50,872 | 1,289 | 155,241 | 4,913 |
| misc current assets | ||||
| total current assets | 50,872 | 100,771 | 226,483 | 67,855 |
| total assets | 51,846 | 102,600 | 363,610 | 232,209 |
| Bank overdraft | 19,198 | |||
| Bank loan | ||||
| Trade Creditors | 2,853 | 9,262 | 88,287 | 38,387 |
| Group/Directors Accounts | 222,133 | 223,207 | 250,924 | 221,904 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 18,499 | 69,550 | 101,963 | 61,512 |
| total current liabilities | 243,485 | 321,217 | 441,174 | 321,803 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 244 | 16,442 | 25,093 | 27,858 |
| total long term liabilities | 244 | 16,442 | 25,093 | 27,858 |
| total liabilities | 243,729 | 337,659 | 466,267 | 349,661 |
| net assets | -191,883 | -235,059 | -102,657 | -117,452 |
| total shareholders funds | -191,883 | -235,059 | -102,657 | -117,452 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 855 | 24,710 | 30,634 | 10,229 |
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -99,482 | 28,240 | 8,300 | 62,942 |
| Creditors | -6,409 | -79,025 | 49,900 | 38,387 |
| Accruals and Deferred Income | -51,051 | -32,413 | 40,451 | 61,512 |
| Deferred Taxes & Provisions | -16,198 | -8,651 | -2,765 | 27,858 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -1,074 | -27,717 | 29,020 | 221,904 |
| 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 | 49,583 | -153,952 | 150,328 | 4,913 |
| overdraft | -19,198 | 19,198 | ||
| change in cash | 68,781 | -173,150 | 150,328 | 4,913 |
prem apart manchester ltd Credit Report and Business Information
Prem Apart Manchester Ltd Competitor Analysis
Perform a competitor analysis for prem apart manchester ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in L 3 area or any other competitors across 12 key performance metrics.
prem apart manchester ltd Ownership
PREM APART MANCHESTER LTD group structure
Prem Apart Manchester Ltd has no subsidiary companies.
Ultimate parent company
FRO III CEDAR HOLDINGS LP
#0108090
2 parents
PREM APART MANCHESTER LTD
12602673
prem apart manchester ltd directors
Prem Apart Manchester Ltd currently has 3 directors. The longest serving directors include Mr James Murphy (May 2020) and Mr James Murphy (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Murphy | United Kingdom | 66 years | May 2020 | - | Director |
| Mr James Murphy | United Kingdom | 66 years | May 2020 | - | Director |
| Mr Paul Dempsey | Scotland | 59 years | Mar 2022 | - | Director |
P&L
December 2023turnover
8.3k
-99%
operating profit
57.3k
0%
gross margin
64.2%
+4.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-191.9k
-0.18%
total assets
51.8k
-0.49%
cash
50.9k
+38.47%
net assets
Total assets minus all liabilities
Similar Companies
prem apart manchester ltd company details
company number
12602673
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
LENFESTY & CO
auditor
-
address
eden square east, retail unit 1, 7 hatton garden, liverpool, L3 2FE
Bank
-
Legal Advisor
-
prem apart manchester 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 prem apart manchester ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
prem apart manchester 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 PREM APART MANCHESTER LTD. This can take several minutes, an email will notify you when this has completed.
prem apart manchester ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
