merchant city hotels limited
merchant city hotels limited Company Information
Company Number
SC650483
Next Accounts
Jul 2025
Shareholders
merchant city property limited
Group Structure
View All
Industry
Public houses and bars
Registered Address
46 charlotte square, edinburgh, EH2 4HQ
Website
http://caley-heritable.co.ukmerchant city hotels limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT CITY HOTELS LIMITED at £1m based on a Turnover of £1.7m and 0.62x industry multiple (adjusted for size and gross margin).
merchant city hotels limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT CITY HOTELS LIMITED at £205.6k based on an EBITDA of £47.5k and a 4.32x industry multiple (adjusted for size and gross margin).
merchant city hotels limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT CITY HOTELS LIMITED at £75k based on Net Assets of £38.9k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merchant City Hotels Limited Overview
Merchant City Hotels Limited is a live company located in edinburgh, EH2 4HQ with a Companies House number of SC650483. It operates in the public houses and bars sector, SIC Code 56302. Founded in December 2019, it's largest shareholder is merchant city property limited with a 100% stake. Merchant City Hotels Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Merchant City Hotels Limited Health Check
Pomanda's financial health check has awarded Merchant City Hotels Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.7m, make it larger than the average company (£537.2k)
- Merchant City Hotels Limited
£537.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (8.1%)
- Merchant City Hotels Limited
8.1% - Industry AVG
Production
with a gross margin of 58.4%, this company has a comparable cost of product (58.4%)
- Merchant City Hotels Limited
58.4% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.6%)
- Merchant City Hotels Limited
5.6% - Industry AVG
Employees
with 45 employees, this is above the industry average (13)
45 - Merchant City Hotels Limited
13 - Industry AVG
Pay Structure
on an average salary of £15.4k, the company has an equivalent pay structure (£15.4k)
- Merchant City Hotels Limited
£15.4k - Industry AVG
Efficiency
resulting in sales per employee of £36.7k, this is less efficient (£49.3k)
- Merchant City Hotels Limited
£49.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Merchant City Hotels Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is close to average (48 days)
- Merchant City Hotels Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (17 days)
- Merchant City Hotels Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Merchant City Hotels Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.2%, this is a higher level of debt than the average (75.9%)
92.2% - Merchant City Hotels Limited
75.9% - Industry AVG
MERCHANT CITY HOTELS LIMITED financials
Merchant City Hotels Limited's latest turnover from October 2023 is estimated at £1.7 million and the company has net assets of £38.9 thousand. According to their latest financial statements, Merchant City Hotels Limited has 45 employees and maintains cash reserves of £38 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| 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 | 45 | 45 | 16 | 16 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Tangible Assets | 440,377 | 471,283 | 458,663 | 477,504 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | 964 | |||
| Total Fixed Assets | 441,341 | 471,283 | 458,663 | 477,504 |
| Stock & work in progress | 17,500 | 17,500 | 10,000 | 10,000 |
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | 4,395 | 4,205 | 712 | 1,093 |
| Cash | 38,043 | 110,508 | 93,667 | 80,434 |
| misc current assets | ||||
| total current assets | 59,938 | 132,213 | 104,379 | 91,527 |
| total assets | 501,279 | 603,496 | 563,042 | 569,031 |
| Bank overdraft | 6,250 | 6,250 | 10,000 | |
| Bank loan | ||||
| Trade Creditors | 91,301 | 75,217 | 57,870 | 18,828 |
| Group/Directors Accounts | 222,804 | 339,728 | 456,319 | 550,748 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 110,754 | 112,076 | 39,346 | 3,228 |
| total current liabilities | 431,109 | 533,271 | 563,535 | 572,804 |
| loans | 31,250 | 37,500 | 40,000 | 50,000 |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 31,250 | 37,500 | 40,000 | 50,000 |
| total liabilities | 462,359 | 570,771 | 603,535 | 622,804 |
| net assets | 38,920 | 32,725 | -40,493 | -53,773 |
| total shareholders funds | 38,920 | 32,725 | -40,493 | -53,773 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 38,616 | 37,139 | 31,144 | |
| Amortisation | ||||
| Tax | ||||
| Stock | 7,500 | 10,000 | ||
| Debtors | 1,154 | 3,493 | -381 | 1,093 |
| Creditors | 16,084 | 17,347 | 39,042 | 18,828 |
| Accruals and Deferred Income | -1,322 | 72,730 | 36,118 | 3,228 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -116,924 | -116,591 | -94,429 | 550,748 |
| Other Short Term Loans | ||||
| Long term loans | -6,250 | -2,500 | -10,000 | 50,000 |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -72,465 | 16,841 | 13,233 | 80,434 |
| overdraft | -3,750 | 10,000 | ||
| change in cash | -72,465 | 20,591 | 3,233 | 80,434 |
merchant city hotels limited Credit Report and Business Information
Merchant City Hotels Limited Competitor Analysis
Perform a competitor analysis for merchant city hotels limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EH2 area or any other competitors across 12 key performance metrics.
merchant city hotels limited Ownership
MERCHANT CITY HOTELS LIMITED group structure
Merchant City Hotels Limited has no subsidiary companies.
Ultimate parent company
1 parent
MERCHANT CITY HOTELS LIMITED
SC650483
merchant city hotels limited directors
Merchant City Hotels Limited currently has 3 directors. The longest serving directors include Mr Gordon Russell (Dec 2019) and Mr Robert Arnott (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gordon Russell | Scotland | 53 years | Dec 2019 | - | Director |
| Mr Robert Arnott | Scotland | 67 years | Jan 2020 | - | Director |
| Mr Robert Mullen | Scotland | 57 years | Feb 2020 | - | Director |
P&L
October 2023turnover
1.7m
+17%
operating profit
8.9k
0%
gross margin
58.5%
-1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
38.9k
+0.19%
total assets
501.3k
-0.17%
cash
38k
-0.66%
net assets
Total assets minus all liabilities
merchant city hotels limited company details
company number
SC650483
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
December 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
merchant city property (glasgow) limited (January 2020)
accountant
ORRY CONSULTANCY LIMITED
auditor
-
address
46 charlotte square, edinburgh, EH2 4HQ
Bank
-
Legal Advisor
-
merchant city 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 merchant city hotels limited.
merchant city hotels 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 MERCHANT CITY HOTELS LIMITED. This can take several minutes, an email will notify you when this has completed.
merchant city hotels limited Companies House Filings - See Documents
| date | description | view/download |
|---|
