malone's old town hostel limited
malone's old town hostel limited Company Information
Company Number
SC441031
Next Accounts
Dec 2024
Industry
Hotels and similar accommodation
Directors
Shareholders
simon keane
Group Structure
View All
Contact
Registered Address
57-59 sauchiehall lane, glasgow, G2 4AB
Website
malonesedinburgh.commalone's old town hostel limited Estimated Valuation
Pomanda estimates the enterprise value of MALONE'S OLD TOWN HOSTEL LIMITED at £3 based on a Turnover of £2 and 1.13x industry multiple (adjusted for size and gross margin).
malone's old town hostel limited Estimated Valuation
Pomanda estimates the enterprise value of MALONE'S OLD TOWN HOSTEL LIMITED at £0 based on an EBITDA of £-4 and a 4.67x industry multiple (adjusted for size and gross margin).
malone's old town hostel limited Estimated Valuation
Pomanda estimates the enterprise value of MALONE'S OLD TOWN HOSTEL LIMITED at £0 based on Net Assets of £-6.4k and 2.26x industry multiple (adjusted for liquidity).
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Malone's Old Town Hostel Limited Overview
Malone's Old Town Hostel Limited is a dissolved company that was located in glasgow, G2 4AB with a Companies House number of SC441031. It operated in the hotels and similar accommodation sector, SIC Code 55100. Founded in January 2013, it's largest shareholder was simon keane with a 100% stake. The last turnover for Malone's Old Town Hostel Limited was estimated at £3.
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Malone's Old Town Hostel Limited Health Check
Pomanda's financial health check has awarded Malone'S Old Town Hostel Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £3, make it smaller than the average company (£4.3m)
- Malone's Old Town Hostel Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -98%, show it is growing at a slower rate (3.7%)
- Malone's Old Town Hostel Limited
3.7% - Industry AVG
Production
with a gross margin of 61%, this company has a comparable cost of product (61%)
- Malone's Old Town Hostel Limited
61% - Industry AVG
Profitability
an operating margin of -142.3% make it less profitable than the average company (7.7%)
- Malone's Old Town Hostel Limited
7.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (86)
- Malone's Old Town Hostel Limited
86 - Industry AVG
Pay Structure
on an average salary of £18.2k, the company has an equivalent pay structure (£18.2k)
- Malone's Old Town Hostel Limited
£18.2k - Industry AVG
Efficiency
resulting in sales per employee of £3, this is less efficient (£54.3k)
- Malone's Old Town Hostel Limited
£54.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Malone's Old Town Hostel Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 316 days, this is slower than average (48 days)
- Malone's Old Town Hostel Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Malone's Old Town Hostel Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (7 weeks)
27 weeks - Malone's Old Town Hostel Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 964.9%, this is a higher level of debt than the average (70.3%)
964.9% - Malone's Old Town Hostel Limited
70.3% - Industry AVG
MALONE'S OLD TOWN HOSTEL LIMITED financials
Malone'S Old Town Hostel Limited's latest turnover from October 2018 is estimated at £3 and the company has net assets of -£6.4 thousand. According to their latest financial statements, we estimate that Malone'S Old Town Hostel Limited has 1 employee and maintains cash reserves of £586 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 17,718 | 19,677 | 25,697 | 34,263 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 47,400 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 65,118 | 19,677 | 25,697 | 34,263 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 2,185 | 0 | 16,968 | 22,511 | 3,368 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 3 | 3 | 0 | 0 | 0 |
| Cash | 586 | 535 | 2,002 | 13,022 | 2,231 | 5,204 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 737 | 2,723 | 2,005 | 29,990 | 24,742 | 8,572 |
| total assets | 737 | 2,723 | 67,123 | 49,667 | 50,439 | 42,835 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 425 | 2,656 | 51,091 | 47,484 | 40,160 |
| 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 | 0 | 8,672 | 11,797 | 0 | 0 | 0 |
| total current liabilities | 1,111 | 9,097 | 14,453 | 51,091 | 47,484 | 40,160 |
| 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 | 34,923 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,000 | 0 | 34,923 | 0 | 0 | 0 |
| total liabilities | 7,111 | 9,097 | 49,376 | 51,091 | 47,484 | 40,160 |
| net assets | -6,374 | -6,374 | 17,747 | -1,424 | 2,955 | 2,675 |
| total shareholders funds | -6,374 | -6,374 | 17,747 | -1,424 | 2,955 | 2,675 |
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 4,920 | 6,555 | 8,566 | 11,421 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,188 | -45,215 | 30,435 | -5,543 | 19,143 | 3,368 |
| Creditors | -424 | -2,231 | -48,435 | 3,607 | 7,324 | 40,160 |
| Accruals and Deferred Income | -8,672 | -3,125 | 11,797 | 0 | 0 | 0 |
| 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 | -34,923 | 34,923 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 51 | -1,467 | -11,020 | 10,791 | -2,973 | 5,204 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 51 | -1,467 | -11,020 | 10,791 | -2,973 | 5,204 |
malone's old town hostel limited Credit Report and Business Information
Malone's Old Town Hostel Limited Competitor Analysis
Perform a competitor analysis for malone's old town hostel limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in G 2 area or any other competitors across 12 key performance metrics.
malone's old town hostel limited Ownership
MALONE'S OLD TOWN HOSTEL LIMITED group structure
Malone'S Old Town Hostel Limited has no subsidiary companies.
Ultimate parent company
MALONE'S OLD TOWN HOSTEL LIMITED
SC441031
malone's old town hostel limited directors
Malone'S Old Town Hostel Limited currently has 1 director, Mr Simon Keane serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Keane | Scotland | 43 years | Jan 2013 | - | Director |
P&L
October 2018turnover
3
-100%
operating profit
-4.2
0%
gross margin
61.1%
-0.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
-6.4k
0%
total assets
737
-0.73%
cash
586
+0.1%
net assets
Total assets minus all liabilities
malone's old town hostel limited company details
company number
SC441031
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
January 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2018
previous names
N/A
accountant
-
auditor
-
address
57-59 sauchiehall lane, glasgow, G2 4AB
Bank
-
Legal Advisor
-
malone's old town hostel 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 malone's old town hostel limited.
malone's old town hostel limited 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 MALONE'S OLD TOWN HOSTEL LIMITED. This can take several minutes, an email will notify you when this has completed.
malone's old town hostel limited Companies House Filings - See Documents
| date | description | view/download |
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