jht hotels limited
jht hotels limited Company Information
Company Number
NI645856
Website
-Registered Address
james park mahon road, portadown, armagh, BT62 3EH
Industry
Licensed restaurants
Hotels and similar accommodation
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
turkington holdco ltd 100%
jht hotels limited Estimated Valuation
Pomanda estimates the enterprise value of JHT HOTELS LIMITED at £3.1m based on a Turnover of £3.2m and 0.96x industry multiple (adjusted for size and gross margin).
jht hotels limited Estimated Valuation
Pomanda estimates the enterprise value of JHT HOTELS LIMITED at £0 based on an EBITDA of £-52.7k and a 4.52x industry multiple (adjusted for size and gross margin).
jht hotels limited Estimated Valuation
Pomanda estimates the enterprise value of JHT HOTELS LIMITED at £0 based on Net Assets of £-66.8k and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Jht Hotels Limited Overview
Jht Hotels Limited is a live company located in armagh, BT62 3EH with a Companies House number of NI645856. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in May 2017, it's largest shareholder is turkington holdco ltd with a 100% stake. Jht Hotels Limited is a young, small sized company, Pomanda has estimated its turnover at £3.2m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Jht Hotels Limited Health Check
Pomanda's financial health check has awarded Jht Hotels Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
3 Weak
Size
annual sales of £3.2m, make it in line with the average company (£2.9m)
- Jht Hotels Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (-1.2%)
- Jht Hotels Limited
-1.2% - Industry AVG
Production
with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)
- Jht Hotels Limited
57.3% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (6.3%)
- Jht Hotels Limited
6.3% - Industry AVG
Employees
with 57 employees, this is similar to the industry average (54)
- Jht Hotels Limited
54 - Industry AVG
Pay Structure
on an average salary of £20.6k, the company has an equivalent pay structure (£20.6k)
- Jht Hotels Limited
£20.6k - Industry AVG
Efficiency
resulting in sales per employee of £55.7k, this is equally as efficient (£57.1k)
- Jht Hotels Limited
£57.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Jht Hotels Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Jht Hotels Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is more than average (11 days)
- Jht Hotels Limited
11 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Jht Hotels Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.1%, this is a higher level of debt than the average (81.4%)
129.1% - Jht Hotels Limited
81.4% - Industry AVG
JHT HOTELS LIMITED financials
Jht Hotels Limited's latest turnover from December 2022 is estimated at £3.2 million and the company has net assets of -£66.8 thousand. According to their latest financial statements, we estimate that Jht Hotels Limited has 57 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | May 2018 | |
|---|---|---|---|---|---|---|
| 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 | 3 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 222,446 | 216,446 | 193,782 | 191,757 | 166,757 | 118,033 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,755 | 6,705 | 5,405 | 5,000 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 229,201 | 223,151 | 199,187 | 196,757 | 166,757 | 118,033 |
| total assets | 229,201 | 223,151 | 199,187 | 196,757 | 166,757 | 118,033 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 295,988 | 237,228 | 212,764 | 210,334 | 178,834 | 129,110 |
| total current liabilities | 295,988 | 237,228 | 212,764 | 210,334 | 178,834 | 129,110 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 295,988 | 237,228 | 212,764 | 210,334 | 178,834 | 129,110 |
| net assets | -66,787 | -14,077 | -13,577 | -13,577 | -12,077 | -11,077 |
| total shareholders funds | -66,787 | -14,077 | -13,577 | -13,577 | -12,077 | -11,077 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 6,000 | 22,664 | 2,025 | 25,000 | 166,757 | 118,033 |
| Debtors | 50 | 1,300 | 405 | 5,000 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 58,760 | 24,464 | 2,430 | 31,500 | 178,834 | 129,110 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
jht hotels limited Credit Report and Business Information
Jht Hotels Limited Competitor Analysis
Perform a competitor analysis for jht hotels limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
jht hotels limited Ownership
JHT HOTELS LIMITED group structure
Jht Hotels Limited has no subsidiary companies.
jht hotels limited directors
Jht Hotels Limited currently has 3 directors. The longest serving directors include Mr Trevor Turkington (Nov 2018) and Mr Mark Dundas (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Turkington | United Kingdom | 69 years | Nov 2018 | - | Director |
| Mr Mark Dundas | 48 years | Nov 2018 | - | Director | |
| Mr Gary Turkington | Northern Ireland | 43 years | Nov 2018 | - | Director |
P&L
December 2022turnover
3.2m
+22%
operating profit
-52.7k
0%
gross margin
57.4%
+5.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-66.8k
+3.74%
total assets
229.2k
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
jht hotels limited company details
company number
NI645856
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
55100 - Hotels and similar accommodation
incorporation date
May 2017
age
7
accounts
Small Company
ultimate parent company
previous names
moorefield hospitality limited (August 2022)
incorporated
UK
address
james park mahon road, portadown, armagh, BT62 3EH
last accounts submitted
December 2022
jht 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 jht hotels limited.
jht hotels limited Companies House Filings - See Documents
| date | description | view/download |
|---|
