tulip hospitality operations ltd
tulip hospitality operations ltd Company Information
Company Number
13452088
Website
-Registered Address
1 chasedale crescent, blyth, NE24 5LW
Industry
Public houses and bars
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Directors
Martin Tulip3 Years
Shareholders
martin tulip 100%
tulip hospitality operations ltd Estimated Valuation
Pomanda estimates the enterprise value of TULIP HOSPITALITY OPERATIONS LTD at £85.3k based on a Turnover of £169.8k and 0.5x industry multiple (adjusted for size and gross margin).
tulip hospitality operations ltd Estimated Valuation
Pomanda estimates the enterprise value of TULIP HOSPITALITY OPERATIONS LTD at £0 based on an EBITDA of £-1.5k and a 3.66x industry multiple (adjusted for size and gross margin).
tulip hospitality operations ltd Estimated Valuation
Pomanda estimates the enterprise value of TULIP HOSPITALITY OPERATIONS LTD at £40k based on Net Assets of £21.6k and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tulip Hospitality Operations Ltd Overview
Tulip Hospitality Operations Ltd is a live company located in blyth, NE24 5LW with a Companies House number of 13452088. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2021, it's largest shareholder is martin tulip with a 100% stake. Tulip Hospitality Operations Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £169.8k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tulip Hospitality Operations Ltd Health Check
Pomanda's financial health check has awarded Tulip Hospitality Operations Ltd a 3 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
1 Regular
5 Weak
Size
annual sales of £169.8k, make it smaller than the average company (£462.5k)
- Tulip Hospitality Operations Ltd
£462.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tulip Hospitality Operations Ltd
- - Industry AVG
Production
with a gross margin of 41.3%, this company has a higher cost of product (55.5%)
- Tulip Hospitality Operations Ltd
55.5% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (6.3%)
- Tulip Hospitality Operations Ltd
6.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Tulip Hospitality Operations Ltd
11 - Industry AVG
Pay Structure
on an average salary of £14.9k, the company has an equivalent pay structure (£14.9k)
- Tulip Hospitality Operations Ltd
£14.9k - Industry AVG
Efficiency
resulting in sales per employee of £84.9k, this is more efficient (£47k)
- Tulip Hospitality Operations Ltd
£47k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (9 days)
- Tulip Hospitality Operations Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (49 days)
- Tulip Hospitality Operations Ltd
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tulip Hospitality Operations Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tulip Hospitality Operations Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.4%, this is a lower level of debt than the average (82.7%)
53.4% - Tulip Hospitality Operations Ltd
82.7% - Industry AVG
TULIP HOSPITALITY OPERATIONS LTD financials
Tulip Hospitality Operations Ltd's latest turnover from June 2023 is estimated at £169.8 thousand and the company has net assets of £21.6 thousand. According to their latest financial statements, Tulip Hospitality Operations Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | |
|---|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Tangible Assets | 6,931 | 8,531 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 6,931 | 8,531 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 39,278 | 33,358 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 39,278 | 33,358 |
| total assets | 46,209 | 41,889 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 24,656 | 13,754 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 24,656 | 13,754 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 5,095 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 5,095 |
| total liabilities | 24,656 | 18,849 |
| net assets | 21,553 | 23,040 |
| total shareholders funds | 21,553 | 23,040 |
| Jun 2023 | Jun 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 1,969 | |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 5,920 | 33,358 |
| Creditors | 10,902 | 13,754 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -5,095 | 5,095 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
tulip hospitality operations ltd Credit Report and Business Information
Tulip Hospitality Operations Ltd Competitor Analysis
Perform a competitor analysis for tulip hospitality operations ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in NE24 area or any other competitors across 12 key performance metrics.
tulip hospitality operations ltd Ownership
TULIP HOSPITALITY OPERATIONS LTD group structure
Tulip Hospitality Operations Ltd has no subsidiary companies.
Ultimate parent company
TULIP HOSPITALITY OPERATIONS LTD
13452088
tulip hospitality operations ltd directors
Tulip Hospitality Operations Ltd currently has 1 director, Mr Martin Tulip serving since Jun 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Tulip | England | 37 years | Jun 2021 | - | Director |
P&L
June 2023turnover
169.8k
+72%
operating profit
-1.5k
0%
gross margin
41.4%
+2.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
21.6k
-0.06%
total assets
46.2k
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
tulip hospitality operations ltd company details
company number
13452088
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
GATEWAY ACCOUNTANCY SERVICES LIMITED
auditor
-
address
1 chasedale crescent, blyth, NE24 5LW
Bank
-
Legal Advisor
-
tulip hospitality operations 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 tulip hospitality operations ltd.
tulip hospitality operations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
