Opulence Hotels And Resorts Limited

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opulence hotels and resorts limited Company Information

Company Number

SC256377

Next Accounts

Mar 2025

Directors

Sherif Abdallah

Mamdouh El Hakim

View All

Shareholders

magnum enterprise holdings ltd

Group Structure

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Industry

Public houses and bars

Registered Address

sc256377: ch default address, edinburgh, EH3 1FD

Website

opulence hotels and resorts limited Estimated Valuation

£61k

Pomanda estimates the enterprise value of OPULENCE HOTELS AND RESORTS LIMITED at £61k based on a Turnover of £93.4k and 0.65x industry multiple (adjusted for size and gross margin).

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Opulence Hotels And Resorts Limited is a dissolved company that was located in edinburgh, EH3 1FD with a Companies House number of SC256377. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in September 2003, it's largest shareholder was magnum enterprise holdings ltd with a 100% stake. The last turnover for Opulence Hotels And Resorts Limited was estimated at £93.4k.

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Pomanda's financial health check has awarded Opulence Hotels And Resorts Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £93.4k, make it smaller than the average company (£2.8m)

Growth

3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (5.7%)

EXPORT

Opulence Hotels And Resorts Limited's latest turnover from September 2023 is estimated at £93.4 thousand and the company has net assets of -£858.2 thousand. According to their latest financial statements, Opulence Hotels And Resorts Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	93,420	58,237	13,461	39,299	234,187	383,939	985,652	246,308	237,513	268,263	204,748	235,586	218,991	186,271
Other Income Or Grants
Cost Of Sales	55,720	35,647	10,546	24,121	136,022	221,229	563,295	138,907	134,541	153,923	120,895	138,796	128,307	105,156
Gross Profit	37,700	22,590	2,915	15,178	98,165	162,710	422,357	107,401	102,973	114,341	83,853	96,790	90,684	81,114
Admin Expenses	83,985	108,522	36,407	86,533	115,038	130,687	416,087	119,811	86,147	102,671	-11,798	20,098	32,911	42,682	848,591
Operating Profit	-46,285	-85,932	-33,492	-71,355	-16,873	32,023	6,270	-12,410	16,826	11,670	95,651	76,692	57,773	38,432	-848,591
Interest Payable
Interest Receivable							52	87	131	182	164	101	89	32	1
Pre-Tax Profit	-46,285	-85,932	-33,492	-71,355	-16,873	32,023	6,322	-12,323	16,956	11,852	95,814	76,793	57,862	38,464	-848,590
Tax						-6,084	-1,201		-3,391	-2,489	-22,037	-18,430	-15,044	-10,770
Profit After Tax	-46,285	-85,932	-33,492	-71,355	-16,873	25,939	5,121	-12,323	13,565	9,363	73,777	58,363	42,818	27,694	-848,590
Dividends Paid
Retained Profit	-46,285	-85,932	-33,492	-71,355	-16,873	25,939	5,121	-12,323	13,565	9,363	73,777	58,363	42,818	27,694	-848,590
Employee Costs	38,839	18,049	16,398	17,196	52,887	104,415	228,733	63,154	62,238	60,784	45,180	56,401	55,161	40,965
Number Of Employees	2	1	1	1	3	6	14	4	4	4	3	4	4	3
EBITDA*	-46,285	-85,932	-33,492	-71,355	-16,873	32,023	6,270	41,819	74,393	72,542	157,384	145,199	127,192	106,835	-773,542

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	562,314	607,563	746,214	758,214	773,283	794,261	813,682	811,925	833,710	877,778	715,352	763,012	810,283	855,753	917,840
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	562,314	607,563	746,214	758,214	773,283	794,261	813,682	811,925	833,710	877,778	715,352	763,012	810,283	855,753	917,840
Stock & work in progress								196	320	380	600	600	600	500	500
Trade Debtors	7,563	7,383	102	2,896	25,123	25,165	58,667	13,189	12,105	12,420	9,597	11,086	9,862	9,011	13,092
Group Debtors
Misc Debtors
Cash								41,665	27,889	24,376	48,415	17,029	23,518	12,165	550
misc current assets
total current assets	7,563	7,383	102	2,896	25,123	25,165	58,667	55,050	40,314	37,176	58,612	28,715	33,980	21,676	14,142
total assets	569,877	614,946	746,316	761,110	798,406	819,426	872,349	866,975	874,024	914,954	773,964	791,727	844,263	877,429	931,982
Bank overdraft
Bank loan
Trade Creditors	27,689	26,939	40,123	30,468	23,124	24,851	26,809	27,099	22,483	48,418	81,799	135,566	161,696	148,386	141,506
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities	27,689	26,939	40,123	30,468	23,124	24,851	26,809	27,099	22,483	48,418	81,799	135,566	161,696	148,386	141,506
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities	1,400,398	1,399,932	1,432,186	1,423,143	1,396,428	1,398,848	1,475,752	1,475,208	1,474,550	1,503,110	1,338,102	1,375,875	1,460,644	1,549,938	1,639,065
provisions
total long term liabilities	1,400,398	1,399,932	1,432,186	1,423,143	1,396,428	1,398,848	1,475,752	1,475,208	1,474,550	1,503,110	1,338,102	1,375,875	1,460,644	1,549,938	1,639,065
total liabilities	1,428,087	1,426,871	1,472,309	1,453,611	1,419,552	1,423,699	1,502,561	1,502,307	1,497,033	1,551,528	1,419,901	1,511,441	1,622,340	1,698,324	1,780,571
net assets	-858,210	-811,925	-725,993	-692,501	-621,146	-604,273	-630,212	-635,332	-623,009	-636,574	-645,937	-719,714	-778,077	-820,895	-848,589
total shareholders funds	-858,210	-811,925	-725,993	-692,501	-621,146	-604,273	-630,212	-635,332	-623,009	-636,574	-645,937	-719,714	-778,077	-820,895	-848,589

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	-46,285	-85,932	-33,492	-71,355	-16,873	32,023	6,270	-12,410	16,826	11,670	95,651	76,692	57,773	38,432	-848,591
Depreciation								54,229	57,567	60,872	61,733	68,507	69,419	68,403	75,049
Amortisation
Tax						-6,084	-1,201		-3,391	-2,489	-22,037	-18,430	-15,044	-10,770
Stock							-196	-124	-60	-220			100		500
Debtors	180	7,281	-2,794	-22,227	-42	-33,502	45,478	1,084	-315	2,823	-1,489	1,224	851	-4,081	13,092
Creditors	750	-13,184	9,655	7,344	-1,727	-1,958	-290	4,616	-25,935	-33,381	-53,767	-26,130	13,310	6,880	141,506
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations	-45,715	-106,397	-21,043	-41,784	-18,558	57,483	-40,503	45,475	45,442	34,069	83,069	99,415	124,507	107,026	-645,628
Investing Activities
capital expenditure	45,249	138,651	12,000	15,069	20,978	19,421	-1,757	-32,444	-13,499	-223,298	-14,073	-21,236	-23,949	-6,316	-992,889
Change in Investments
cash flow from investments	45,249	138,651	12,000	15,069	20,978	19,421	-1,757	-32,444	-13,499	-223,298	-14,073	-21,236	-23,949	-6,316	-992,889
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities	466	-32,254	9,043	26,715	-2,420	-76,904	544	658	-28,560	165,008	-37,773	-84,769	-89,294	-89,127	1,639,065
share issue							-1								1
interest							52	87	131	182	164	101	89	32	1
cash flow from financing	466	-32,254	9,043	26,715	-2,420	-76,904	595	745	-28,429	165,190	-37,609	-84,668	-89,205	-89,095	1,639,067
cash and cash equivalents
cash							-41,665	13,776	3,513	-24,039	31,386	-6,489	11,353	11,615	550
overdraft
change in cash							-41,665	13,776	3,513	-24,039	31,386	-6,489	11,353	11,615	550

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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OPULENCE HOTELS AND RESORTS LIMITED group structure

Opulence Hotels And Resorts Limited has no subsidiary companies.

Ultimate parent company

MAGNUM ENTERPRISE HOLDINGS LTD

#0052915

1 parent

OPULENCE HOTELS AND RESORTS LIMITED

SC256377

OPULENCE HOTELS AND RESORTS LIMITED Shareholders

magnum enterprise holdings ltd

100%

Opulence Hotels And Resorts Limited currently has 3 directors. The longest serving directors include Mr Sherif Abdallah (Oct 2003) and Mamdouh El Hakim (Oct 2003).

officer	country	age	start	end	role
Mr Sherif Abdallah	Egypt	67 years	Oct 2003	-	Director
Mamdouh El Hakim	United Kingdom	69 years	Oct 2003	-	Director
Mr Omar Abdalla	United Kingdom	36 years	Oct 2023	-	Director

P&L

September 2023

turnover

93.4k

+60%

operating profit

-46.3k

gross margin

40.4%

+4.04%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

-858.2k

+0.06%

total assets

569.9k

-0.07%

cash

net assets

Total assets minus all liabilities

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company number

SC256377

Type

Private limited with Share Capital

industry

55100 - Hotels and similar accommodation

56302 - Public houses and bars

56101 - Licensed restaurants

incorporation date

September 2003

ultimate parent company

MAGNUM ENTERPRISE HOLDINGS LTD

previous names

ledge 753 limited (October 2003)

address

sc256377: ch default address, edinburgh, EH3 1FD

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 opulence hotels and resorts limited. Currently there are 0 open charges and 1 have been satisfied in the past.

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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opulence hotels and resorts limited Company Information

opulence hotels and resorts limited Estimated Valuation

opulence hotels and resorts limited Estimated Valuation

opulence hotels and resorts limited Estimated Valuation

Opulence Hotels And Resorts Limited Overview

Opulence Hotels And Resorts Limited Health Check

OPULENCE HOTELS AND RESORTS LIMITED financials

opulence hotels and resorts limited Credit Report and Business Information

Opulence Hotels And Resorts Limited Competitor Analysis

opulence hotels and resorts limited Ownership

opulence hotels and resorts limited directors

opulence hotels and resorts limited company details

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