How much does Smiths Court Hotel Limited make?

Smiths Court Hotel Limited reported revenue of £43.5k and a loss of £114k in the year to 31 Jan 2023, according to its accounts filed at Companies House.

How many employees does Smiths Court Hotel Limited have?

Smiths Court Hotel Limited reported an average of 8 employees in the year to 31 Jan 2023.

Is Smiths Court Hotel Limited profitable?

No — Smiths Court Hotel Limited reported a loss of £114k in the year to 31 Jan 2023.

Company No. 07475633 · Incorporated 21 Dec 2010

Smiths Court Hotel Limited

Registered name: SMITHS COURT HOTEL LIMITED

Smiths Court Hotel Limited made £43.5k revenue and a £114k loss in the year to 31 Jan 2023.

Smiths Court Hotel Limited’s revenue fell 88% to £43.5k in the year to 31 Jan 2023, with a loss of £114k and 8 employees. The company is classified under “hotels and similar accommodation” and is based in Margate; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active - Proposal to Strike off
Location: Margate, South East
Age: 15 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 31 Jan 2023

Key figures

IndependentSmall team

Revenue

£43.5k

Growth ▼88.4%

Profit

−£114k

Growth —

Profit margin

−263.2%

Gross 25.2%

Employees

Change ▼38.5%

Profit / employee

−£14.3k

Revenue/employee £5.4k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£374k	£43.5k
Cost of sales	£247k	£32.5k
Gross profit	£127k	£11k
Operating profit	−£2.8k	−£111k
Profit before tax	−£2.8k	−£114k
Profit after tax	−£2.8k	−£114k
Profit (best available)	−£2.8k	−£114k
Employees (average)	13	8
Ratios
Profit margin	−0.7%	−263.2%
Gross margin	34%	25.2%
Revenue per employee	£28.7k	£5.4k
Profit per employee	−£212	−£14.3k
Growth (year on year)
Revenue growth	—	▼88.4%
Headcount growth	—	▼38.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4k	£10.1k
Net assets	−£327k	−£442k
Fixed assets	£181k	—
Current assets	£18.1k	£50.2k
Debtors	£14.7k	£40.1k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −263.2%; Profit ÷ revenue.
Gross margin: 25.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £5.4k; Revenue ÷ average employees.
Profit per employee: −£14.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 92.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£442k
Cash at bank: ▲317%; Now £10.1k
Headcount: ▼38%; Now 8
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Jan 2023 (profit −£114k), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.