summit hotels limited
summit hotels limited Company Information
Company Number
FC021142
Next Accounts
2181 days late
Industry
Shareholders
-
Group Structure
View All
Contact
Registered Address
sommerville house, phillips street, st helier, jersey, JE4 9NU
summit hotels limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIT HOTELS LIMITED at £0 based on a Turnover of £2.5m and 0x industry multiple (adjusted for size and gross margin).
summit hotels limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIT HOTELS LIMITED at £0 based on an EBITDA of £904.5k and a 0x industry multiple (adjusted for size and gross margin).
summit hotels limited Estimated Valuation
Pomanda estimates the enterprise value of SUMMIT HOTELS LIMITED at £0 based on Net Assets of £19.6m and 0x industry multiple (adjusted for liquidity).
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Summit Hotels Limited Overview
Summit Hotels Limited is a live company located in st helier, JE4 9NU with a Companies House number of FC021142. Founded in April 1998, it's largest shareholder is unknown. Summit Hotels Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.5m with low growth in recent years.
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Summit Hotels Limited Health Check
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Size
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Growth
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Production
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Profitability
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Employees
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Pay Structure
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Efficiency
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Debtor Days
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Creditor Days
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Stock Days
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Cash Balance
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Debt Level
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SUMMIT HOTELS LIMITED financials
Summit Hotels Limited's latest turnover from March 2017 is £2.5 million and the company has net assets of £19.6 million. According to their latest financial statements, we estimate that Summit Hotels Limited has no employees and maintains cash reserves of £320.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,499,656 | 2,435,572 | 2,519,272 | 2,463,259 | 2,470,532 | 2,313,153 | 2,301,322 | 2,261,665 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 788,645 | 756,188 | 773,080 | 738,130 | 847,258 | 733,573 | 608,336 | 631,432 |
| Gross Profit | 1,711,011 | 1,679,384 | 1,746,192 | 1,725,129 | 1,623,274 | 1,579,580 | 1,692,986 | 1,630,233 |
| Admin Expenses | 835,409 | 773,594 | 76,198 | 928,222 | 911,710 | 907,779 | 699,939 | 675,367 |
| Operating Profit | 875,602 | 905,790 | 1,669,994 | 796,907 | 711,564 | 671,801 | 993,047 | 954,866 |
| Interest Payable | 556,336 | 435,058 | 808,966 | 346,637 | 194,223 | 163,094 | 448,739 | 455,288 |
| Interest Receivable | 3,066 | 3,048 | 5,423 | 3,793 | 3,780 | 6,488 | 34,341 | 22,896 |
| Pre-Tax Profit | 387,869 | 539,317 | 931,988 | 499,600 | 586,658 | 580,732 | 644,186 | 584,515 |
| Tax | -60,133 | -90,549 | -168,322 | -88,051 | -100,349 | -111,113 | -140,992 | -98,484 |
| Profit After Tax | 327,736 | 448,768 | 763,666 | 411,549 | 486,309 | 469,619 | 503,194 | 486,031 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 327,736 | 448,768 | 763,666 | 411,549 | 486,309 | 469,619 | 503,194 | 486,031 |
| Employee Costs | 345,276 | 350,821 | ||||||
| Number Of Employees | ||||||||
| EBITDA* | 904,494 | 938,290 | 1,708,953 | 836,234 | 756,063 | 711,128 | 1,036,016 | 1,000,188 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,645,357 | 20,661,302 | 20,686,496 | 20,696,583 | 20,212,674 | 6,350,572 | 6,371,860 | 6,328,502 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 655,418 | 655,418 | 655,418 | 655,418 | 655,418 | 655,418 | 655,418 | 655,418 |
| Debtors (Due After 1 year) | 2,084,715 | 2,134,565 | 5,573,241 | 5,570,878 | 570,878 | 243,276 | 164,181 | 0 |
| Total Fixed Assets | 23,385,490 | 23,451,285 | 26,915,155 | 26,922,879 | 21,438,970 | 7,249,266 | 7,191,459 | 6,983,920 |
| Stock & work in progress | 4,939 | 4,813 | 4,982 | 4,968 | 4,824 | 4,517 | 4,623 | 3,950 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 2,571,474 | 2,572,720 | 0 |
| Group Debtors | 5,049,543 | 4,400,800 | 3,895,591 | 3,682,346 | 2,822,192 | 0 | 0 | 705,066 |
| Misc Debtors | 734,768 | 684,305 | 632,136 | 535,294 | 467,060 | 541,877 | 0 | 1,325,202 |
| Cash | 320,431 | 217,919 | 1,215,566 | 545,876 | 1,047,251 | 720,489 | 291,502 | 204,819 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,109,681 | 5,307,837 | 5,748,275 | 4,768,484 | 4,341,327 | 3,838,357 | 2,868,845 | 2,239,037 |
| total assets | 29,495,171 | 28,759,122 | 32,663,430 | 31,691,363 | 25,780,297 | 11,087,623 | 10,060,304 | 9,222,957 |
| Bank overdraft | 0 | 166,000 | 200,000 | 0 | 0 | 0 | 57,349 | 1,289 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 488,597 | 462,039 | 858,955 | 620,909 | 722,622 | 384,043 | 130,332 | 130,193 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 48,293 | 55,081 | 22,130 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 297,375 | 472,879 | 676,997 | 614,311 | 694,788 | 631,130 | 302,743 | 288,844 |
| total current liabilities | 785,972 | 1,100,918 | 1,735,952 | 1,235,220 | 1,465,703 | 1,070,254 | 512,554 | 420,326 |
| loans | 9,148,217 | 8,410,683 | 12,026,925 | 12,336,925 | 7,106,925 | 7,141,925 | 7,141,925 | 6,900,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,148,217 | 8,410,683 | 12,026,925 | 12,336,925 | 7,106,925 | 7,141,925 | 7,141,925 | 6,900,000 |
| total liabilities | 9,934,189 | 9,511,601 | 13,762,877 | 13,572,145 | 8,572,628 | 8,212,179 | 7,654,479 | 7,320,326 |
| net assets | 19,560,982 | 19,247,521 | 18,900,553 | 18,119,218 | 17,207,669 | 2,875,444 | 2,405,825 | 1,902,631 |
| total shareholders funds | 19,560,982 | 19,247,521 | 18,900,553 | 18,119,218 | 17,207,669 | 2,875,444 | 2,405,825 | 1,902,631 |
| Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 875,602 | 905,790 | 1,669,994 | 796,907 | 711,564 | 671,801 | 993,047 | 954,866 |
| Depreciation | 28,892 | 32,500 | 38,959 | 39,327 | 44,499 | 39,327 | 42,969 | 45,322 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -60,133 | -90,549 | -168,322 | -88,051 | -100,349 | -111,113 | -140,992 | -98,484 |
| Stock | 126 | -169 | 14 | 144 | 307 | -106 | 673 | 3,950 |
| Debtors | 649,356 | -2,881,298 | 312,450 | 5,928,388 | 503,503 | 619,726 | 706,633 | 2,030,268 |
| Creditors | 26,558 | -396,916 | 238,046 | -101,713 | 338,579 | 253,711 | 139 | 130,193 |
| Accruals and Deferred Income | -175,504 | -204,118 | 62,686 | -80,477 | 63,658 | 328,387 | 13,899 | 288,844 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 45,933 | 3,128,174 | 1,528,899 | -5,362,539 | 554,141 | 562,493 | 201,756 | -713,477 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 655,418 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -48,293 | -6,788 | 32,951 | 22,130 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 737,534 | -3,616,242 | -310,000 | 5,230,000 | -35,000 | 0 | 241,925 | 6,900,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -553,270 | -432,010 | -803,543 | -342,844 | -190,443 | -156,606 | -414,398 | -432,392 |
| cash flow from financing | 169,989 | -4,150,052 | -1,095,874 | 5,338,863 | 13,613,685 | -123,655 | -150,343 | 7,884,208 |
| cash and cash equivalents | ||||||||
| cash | 102,512 | -997,647 | 669,690 | -501,375 | 326,762 | 428,987 | 86,683 | 204,819 |
| overdraft | -166,000 | -34,000 | 200,000 | 0 | 0 | -57,349 | 56,060 | 1,289 |
| change in cash | 268,512 | -963,647 | 469,690 | -501,375 | 326,762 | 486,336 | 30,623 | 203,530 |
summit hotels limited Credit Report and Business Information
Summit Hotels Limited Competitor Analysis
Perform a competitor analysis for summit hotels limited by selecting its closest rivals, whether from the industry sector, other small companies, companies in JE4 area or any other competitors across 12 key performance metrics.
summit hotels limited Ownership
SUMMIT HOTELS LIMITED group structure
Summit Hotels Limited has 1 subsidiary company.
Ultimate parent company
SUMMIT HOTELS LTD
#0074179
1 parent
SUMMIT HOTELS LIMITED
FC021142
1 subsidiary
summit hotels limited directors
Summit Hotels Limited currently has 3 directors. The longest serving directors include Yakdhan Cohen (Mar 2003) and Mr Asad Kohen (Sep 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Yakdhan Cohen | United Kingdom | 75 years | Mar 2003 | - | Director |
| Mr Asad Kohen | United Kingdom | 58 years | Sep 2003 | - | Director |
| Mr Assad Cohen | United Kingdom | 58 years | Jan 2006 | - | Director |
P&L
March 2017turnover
2.5m
+3%
operating profit
875.6k
-3%
gross margin
68.5%
-0.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2017net assets
19.6m
+0.02%
total assets
29.5m
+0.03%
cash
320.4k
+0.47%
net assets
Total assets minus all liabilities
Similar Companies
summit hotels limited company details
company number
FC021142
Type
Other
industry
incorporation date
April 1998
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2017
previous names
N/A
accountant
-
auditor
-
address
sommerville house, phillips street, st helier, jersey, JE4 9NU
Bank
-
Legal Advisor
-
summit hotels 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 did not find charges/mortgages relating to summit hotels limited.
summit hotels limited Capital Raised & Share Issues BETA
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summit hotels limited Companies House Filings - See Documents
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