Hughes Hotels Limited in Southampton, SO14 2AQ

Description

Data updated on: 28-04-2024

Hughes Hotels came into being in 1998 as a company enlisted under no 03603514, located at SO14 2AQ Southampton at Office D Beresford House. Its last known status was dissolved. Hughes Hotels had been operating in this business field for at least 26 years.

Simon H. was this enterprise's managing director, formally appointed 26 years ago.

Simon H. was the individual who had control over this firm, owned over 3/4 of company shares and had 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30
Currency
Net Worth	2 102 101	2 422 487	2 722 369	3 092 258	3 469 363	3 816 803

Balance Sheet
Cash Bank In Hand	514 161	580 967	715 410	901 095	874 837	1 272 778
Cash Bank On Hand						1 272 778	1 669 078	1 719 013	2 270 564	2 137 177	1 785 739
Current Assets	698 993	821 449	936 789	1 180 114	1 191 773	1 573 775	2 038 855	2 008 090	2 586 928	2 298 277	2 939 912
Debtors	170 588	228 217	210 518	267 547	305 808	287 305	355 016	269 168	297 272	147 320	1 142 829
Intangible Fixed Assets	61 250	52 500	43 750	35 000	26 250	17 500
Net Assets Liabilities						3 816 803	4 242 553	4 410 398	4 848 030	4 657 327	5 120 759
Net Assets Liabilities Including Pension Asset Liability	2 102 101	2 422 487	2 722 369	3 092 258	3 469 363	3 816 803
Other Debtors						14 326	18 942	24 987	23 461	17 769	18 632
Property Plant Equipment						2 881 700	4 961 939	5 073 871	4 965 572	4 707 289	2 289 760
Stocks Inventory	14 244	12 265	10 861	11 472	11 128	13 692
Tangible Fixed Assets	2 410 716	2 395 623	2 460 633	2 506 331	2 910 277	2 881 700
Total Inventories						13 692	14 761	19 909	19 092	13 780	11 344

Capital & Reserves
Called Up Share Capital	100	100	250 000	250 000	250 000	250 000
Profit Loss Account Reserve	2 102 001	2 422 387	2 472 369	2 842 258	3 219 363	3 566 803
Shareholder Funds	2 102 101	2 422 487	2 722 369	3 092 258	3 469 363	3 816 803

Other Financial Data
Audit Fees Expenses								3 000	3 100	3 175	3 250
Director Remuneration							8 911
Dividend Recommended By Directors								6 000
Accrued Liabilities							92 570	139 768	103 308	112 678	82 734
Accumulated Amortisation Impairment Intangible Assets						157 500	171 500	188 125	196 000	203 875	175 000
Accumulated Depreciation Impairment Property Plant Equipment						456 875	512 159	601 880	710 179	968 462	796 814
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss								18 798	-18 664	-47 518	-55 093
Administrative Expenses							894 267	1 228 861	1 084 428	777 174	405 363
Amortisation Expense Intangible Assets							14 000	16 625	7 875	7 875	2 625
Applicable Tax Rate							19	19	19	19	19
Average Number Employees During Period							66	77	75	72	39
Bank Borrowings						117 149	2 269 184	2 184 074	2 069 593	96 700	5 400
Bank Borrowings Overdrafts						89 164	2 164 585	2 069 633	1 974 293	1 912 109	19 146
Comprehensive Income Expense							440 750	173 845	439 632	-188 703	465 432
Corporation Tax Payable							93 287	26 176	123 940	9 087	119 373
Cost Sales							1 316 374	1 616 445	1 651 763	1 284 597	670 507
Creditors						108 379	2 177 879	2 082 927	2 027 046	1 950 182	20 145
Creditors Due After One Year	567 293	300 233	190 902	157 845	144 417	108 379
Creditors Due Within One Year	390 645	445 590	423 163	371 766	373 531	409 076
Current Tax For Period							93 287	26 175	123 940	5 190	119 699
Depreciation Amortisation Expense							69 284	106 346	116 174	96 769	29 942
Depreciation Expense Property Plant Equipment							55 284	89 721	108 299	88 894	27 317
Disposals Property Plant Equipment								30 000			2 462 177
Dividend Per Share Interim								0
Dividends Paid							15 000	6 000	2 000	2 000	2 000
Dividends Paid Classified As Financing Activities							-15 000	-6 000	-2 000	-2 000	-2 000
Dividends Paid On Shares Interim							15 000	6 000	2 000	2 000	2 000
Finance Lease Liabilities Present Value Total						5 921	5 921		52 753	11 847
Fixed Assets	2 471 966	2 448 123	2 504 383	2 541 331	2 936 527	2 899 200	5 122 939	5 218 246	5 102 072	4 835 914	2 589 760
Further Item Interest Expense Component Total Interest Expense								580
Future Minimum Lease Payments Under Non-cancellable Operating Leases							10 595	1 381	10 316	1 409	574
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							106 761	36 041	9 107	-126 271	-88 961
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-67 711	85 848	-28 104	149 952	-995 509
Gain Loss On Disposal Assets Income Statement Subtotal								-503			-20 240
Gain Loss On Disposals Property Plant Equipment								-503			-20 240
Gross Profit Loss							1 296 651	1 335 156	1 495 993	365 575	227 094
Income From Related Parties							179 000	158 000	176 000	91 000	197 000
Income Taxes Paid Refund Classified As Operating Activities							-95 761	-93 286	-26 176	-120 043	-9 413
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							396 300	49 935	551 551	-133 387	-351 438
Increase Decrease In Stocks Inventories Finished Goods Work In Progress							1 069	5 148	-817	-5 312	-2 436
Increase From Amortisation Charge For Year Intangible Assets							14 000	16 625	7 875	7 875	2 625
Increase From Depreciation Charge For Year Property Plant Equipment							55 284	89 721	108 299	88 894	27 317
Intangible Assets						17 500	161 000	144 375	136 500	128 625
Intangible Assets Gross Cost						175 000	332 500	332 500	332 500	332 500	175 000
Intangible Fixed Assets Aggregate Amortisation Impairment	113 750	122 500	131 250	140 000	148 750	157 500
Intangible Fixed Assets Amortisation Charged In Period		8 750	8 750	8 750	8 750	8 750
Intangible Fixed Assets Cost Or Valuation	175 000	175 000	175 000	175 000	175 000
Interest Expense On Bank Overdrafts							31 638	45 988	47 910	40 545	3 597
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts							1 084	224	1 416	2 833	1 180
Interest Paid Classified As Operating Activities							-31 638	-46 568	-47 910	-40 545	-3 597
Interest Payable Similar Charges Finance Costs							32 722	46 792	49 326	43 378	4 777
Loans Owed By Related Parties							246 800	189 600	211 200	109 200	1 095 138
Loans Owed To Related Parties							-13 294	-13 294
Merchandise							14 761	19 909	19 092	13 780	11 344
Net Cash Flows From Used In Financing Activities							-2 128 901	97 031	65 175	77 464	2 036 183
Net Cash Flows From Used In Investing Activities							2 292 767	200 841	-6 669	-4 932	-2 372 873
Net Cash Flows From Used In Operating Activities							-560 166	-347 807	-610 057	60 855	688 128
Net Cash Generated From Operations							-688 649	-487 885	-685 559	-102 566	673 938
Net Current Assets Liabilities	308 348	375 859	513 626	808 348	818 242	1 164 699	1 451 091	1 447 475	1 926 736	1 877 809	2 602 265
Net Interest Received Paid Classified As Investing Activities							-256	-1 315	-6 669	-4 932	-3 901
Number Shares Allotted		100	250 000	250 000	250 000	250 000
Number Shares Issued Fully Paid							250 000	250 000	250 000	250 000	250 000
Operating Profit Loss							581 384	264 295	587 565	-23 196	357 914
Other Creditors						13 294	13 294
Other Deferred Tax Expense Credit							14 881	18 798	-18 664	-47 518	-55 093
Other Interest Receivable Similar Income Finance Income							256	1 315	6 669	4 932	3 901
Other Operating Income Format1							179 000	158 000	176 000	388 403	536 183
Other Taxation Social Security Payable						191 470	145 077	141 912	157 375	97 549	42 664
Par Value Share		1	1	1	1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities							-8 134	-5 921	-8 800	-14 680	-49 920
Pension Other Post-employment Benefit Costs Other Pension Costs							5 089	10 829	11 437	11 159	7 083
Proceeds From Borrowings Classified As Financing Activities							-2 180 000		-73 400
Proceeds From Sales Property Plant Equipment								-29 497			-2 368 971
Profit Loss							440 750	173 845	439 632	-188 703	465 432
Profit Loss On Ordinary Activities Before Tax							548 918	218 818	544 908	-231 031	530 038
Property Plant Equipment Gross Cost						3 338 575	5 474 098	5 675 751	5 675 751	5 675 751	3 086 574
Provisions							153 598	172 396	153 732	106 214	51 121
Provisions For Liabilities Balance Sheet Subtotal						138 717	153 598	172 396	153 732	106 214	51 121
Provisions For Liabilities Charges	110 920	101 262	104 738	99 576	140 989	138 717
Purchase Intangible Assets							-157 500
Purchase Property Plant Equipment							-2 135 523	-231 653
Repayments Borrowings Classified As Financing Activities							-27 965	-85 110	-114 481	-60 784	-1 984 263
Secured Debts	452 734	361 410	264 510	181 143	145 003	117 149
Share Capital Allotted Called Up Paid	100	100	250 000	250 000	250 000	250 000
Social Security Costs							59 884	78 274	65 117	49 626	24 488
Staff Costs Employee Benefits Expense							892 300	1 148 968	1 156 507	992 512	531 948
Tangible Fixed Assets Additions		8 752	86 119	70 891	441 517	5 500
Tangible Fixed Assets Cost Or Valuation	2 725 796	2 734 548	2 820 667	2 891 558	3 333 075	3 338 575
Tangible Fixed Assets Depreciation	315 080	338 925	360 034	385 227	422 798	456 875
Tangible Fixed Assets Depreciation Charged In Period		23 845	21 109	25 193	37 571	34 077
Tax Expense Credit Applicable Tax Rate							107 034	41 575	103 533	-43 896	100 707
Tax Increase Decrease From Effect Capital Allowances Depreciation							-19 661	-15 639	20 159	16 830	22 023
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							5 914	239	248	32 256	100
Tax Tax Credit On Profit Or Loss On Ordinary Activities							108 168	44 973	105 276	-42 328	64 606
Total Additions Including From Business Combinations Intangible Assets							157 500
Total Additions Including From Business Combinations Property Plant Equipment							2 135 523	231 653
Total Assets Less Current Liabilities	2 780 314	2 823 982	3 018 009	3 349 679	3 754 769	4 063 899	6 574 030	6 665 721	7 028 808	6 713 723	5 192 025
Trade Creditors Trade Payables						104 134	146 310	138 318	168 422	92 607	87 476
Trade Debtors Trade Receivables						272 979	336 074	244 181	273 811	129 551	115 459
Turnover Revenue							2 613 025	2 951 601	3 147 756	1 650 172	897 601
Wages Salaries							827 327	1 059 865	1 079 953	931 727	500 377
Cash Cash Equivalents Cash Flow Value									2 270 564	2 137 177
Disposals Decrease In Amortisation Impairment Intangible Assets											31 500
Disposals Decrease In Depreciation Impairment Property Plant Equipment											198 965
Disposals Intangible Assets											157 500
Increase Decrease Due To Transfers Between Classes Property Plant Equipment											-127 000
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment										169 389
Investment Property											300 000
Investment Property Fair Value Model											300 000
Proceeds From Sales Intangible Assets											-1
Restructuring Costs										169 389