SAFESTAY PLC

1A KINGSLEY WAY, LONDON, N2 0FW

Company Number: 08866498
Incorporation date: 29-Jan-2014
Status: Active
Entity type: Public Limited Company

SIC codes:
55202 Youth hostels





SUMMARY

This company is 10.2 years old and is currently active. The company has positive equity (net assets) of GBP 36.2 thousand which has increased from GBP 27.9 thousand in the previous year. The latest reported revenue figure is GBP 18.4 thousand which is up 30% on previous year's figure of GBP 14.6 thousand. Retained earnings is negative (GBP -3.8 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 7 active officers (directors or partners) who are or were officers of 102 other companies, 34 (33.3%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Jun-2024
Accounts Filed: GROUP (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 18,379 2,558 -325
31-Dec-2018 GBP 14,620 1,648 -303
31-Dec-2017 GBP 10,547 1,833 -11


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 2,954 4,447 64,754 647 23,904 -3,795 36,217
31-Dec-2018 GBP 9,859 11,104 40,193 647 23,904 -2,836 27,936
31-Dec-2017 GBP 4,504 5,432 39,274 342 14,504 -1,929 18,998

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 47.14% 9,705 10,882 20,587 8,553
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Paul HINGSTON 21 Feb 2022 29 Mar 2024 1 - 0
Resigned Herve Olivier Arnaud DELIGNY 14 Aug 2018 21 May 2021 0 - 1
Resigned Sharon Natalie SEGAL 09 Oct 2017 31 Jul 2018 0 - 1
Resigned David Mark Andrew BEVERIDGE 11 Apr 2016 09 Oct 2017 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Sarah Katie WHIDDETT 20 Mar 2023 Non-Executive Directorship British 1 - 00 (0.0%)
Active Peter ZIELKE 01 Feb 2023 Coo German 4 - 00 (0.0%)
Resigned Peter WEIMAR 01 Feb 2023 16 Mar 2023 Coo German 0 - 10 (0.0%)
Active Paul HINGSTON 21 Feb 2022 Chief Financial Officer British 1 - 00 (0.0%)
Resigned Peter James HARVEY 21 May 2021 21 Feb 2022 Chief Financial Officer British 11 - 60 (0.0%)
Active Paul David CUMMINS 13 Sep 2018 Director British 1 - 00 (0.0%)
Resigned Herve Olivier Arnaud DELIGNY 14 Aug 2018 28 May 2021 Director French 0 - 4611 (23.9%)
Resigned Anson CHAN 06 Dec 2017 18 Oct 2022 Chairman, Ceo Canadian 0 - 10 (0.0%)
Resigned Sharon Natalie SEGAL 09 Oct 2017 14 Aug 2018 Finance Director British 3 - 175 (25.0%)
Active Michael Barry HIRST OBE 04 May 2017 Company Director And Consultant In Hospitality British 2 - 00 (0.0%)
Resigned Nuno SACRAMENTO 04 May 2017 17 Jun 2022 Chief Operating Officer Portuguese 0 - 20 (0.0%)
Resigned Philip James HOUGHTON 03 Jun 2015 31 Dec 2016 Director British 0 - 209 (45.0%)
Active Stephen David MOSS 19 Mar 2014 Director British 17 - 3319 (38.0%)
Active Larry Glenn LIPMAN 29 Jan 2014 Director British, 29 - 3318 (29.0%)
Resigned Colin Michael STONE 29 Jan 2014 13 Nov 2015 Certified Accountant British 0 - 211 (4.8%)
Number of active directors: 7
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 9.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
THE FEDERATION OF LONDON YOUTH CLUBS (00258577) - Active
ES PROPERTY HOLDINGS LIMITED (00560694) - Dissolved
CP HOLDINGS LIMITED (00580471) - Active
TRIANGLE ESTATES LIMITED (00583505) - Active
ASSOCIATES HOLDINGS LIMITED (00612581) - Active
LEO BAECK COLLEGE (00626693) - Active
PRINCES SECURITIES LIMITED (00639391) - Active
PARK AT THE AIRPORT LIMITED (00781158) - Active
THE INSTITUTE FOR JEWISH POLICY RESEARCH (00894309) - Active
COWLEY MANSIONS FREEHOLD LIMITED (00907917) - Active
GATWICK PARKING ASSOCIATION LIMITED (01039599) - Dissolved
THE ASTOR PROPERTY GROUP LIMITED (01540820) - Active
GROSVENOR SECURITIES LIMITED (01572392) - Liquidation
SAFELAND PLC (02012015) - Active
SAFELAND INVESTMENTS LIMITED (02104164) - Active
SPRINGBOARD UK LIMITED (02502511) - Active
PULLPOWER LIMITED (02504248) - Active
PEOPLE 1ST (02557730) - Active
PLACEADMIT LIMITED (02767577) - Active
M.&A. INVESTMENTS LIMITED (02873271) - Dissolved
PALS INVESTMENT LIMITED (02884128) - Dissolved
LONDON YOUTH TRADING COMPANY LIMITED (02977936) - Active
THE SPRINGBOARD CHARITY (03031621) - Active
SAFELAND (GROUND RENTS) LTD (03040511) - Active
LORISWOOD LIMITED (03164226) - Active - Proposal to Strike off
SAFFRON DEVELOPMENTS LIMITED (03247742) - Active
OPEN STORAGE UK LIMITED (03576107) - Dissolved
SAFEGOLF LIMITED (03818422) - Active
DELTAMILE LIMITED (03953828) - Dissolved
BEGINNINGS (04151539) - Dissolved
VISTASCAN PROPERTIES LIMITED (04217526) - Dissolved
CORNERGATE PROPERTIES LIMITED (04388797) - Dissolved
60 OXFORD GARDENS MANAGEMENT LIMITED (04457122) - Active
PRINCES SECURITIES LIMITED (04657282) - Liquidation
CFC 23 LIMITED (05304866) - Dissolved
THE JEWISH COMMUNITY SECONDARY SCHOOL TRUST (05313603) - Active
CLOVERDALE ESTATES LIMITED (05333545) - Active
CFC 29 LIMITED (05376209) - Active
CFC 33 LIMITED (05376255) - Dissolved
IVYGATE DEVELOPMENTS LIMITED (05540084) - Active
GLOBELINK LANGUAGE SOLUTIONS LIMITED (05641796) - Dissolved
MILLPARK PROPERTY COMPANY LIMITED (05807056) - Active
SAFELAND PROPERTY FUND MANAGEMENT LIMITED (05830575) - Dissolved
SAFELAND ACTIVE MANAGEMENT LIMITED (05916161) - Active
DAISYGLADE LIMITED (05938264) - Active
THFC 59 LIMITED (06008477) - Active
HOLLYCHAIN 1 LIMITED (06030045) - Active
HOLLYCHAIN 3 LIMITED (06030056) - Active
HOLLYCHAIN 5 LIMITED (06030057) - Active
HOLLYCHAIN 2 LIMITED (06030058) - Active
HOLLYCHAIN 4 LIMITED (06030068) - Active
HOLLYCHAIN 6 LIMITED (06030088) - Dissolved
HOLLYCHAIN 7 LIMITED (06030091) - Active
HOLLYCHAIN 8 LIMITED (06030096) - Active
HOLLYCHAIN 11 LIMITED (06030107) - Active
HOLLYCHAIN 13 LIMITED (06030110) - Active
HOLLYCHAIN 12 LIMITED (06030120) - Dissolved
HOLLYCHAIN 9 LIMITED (06030124) - Active
BIBENDUM GROUP LIMITED (06155211) - Active
CFC 35 LIMITED (06427115) - Liquidation
CFC 36 LIMITED (06427124) - Active
CFC 37 LIMITED (06427138) - Active
SAFELAND ESTATES LIMITED (06580800) - Dissolved
CFC 40 LIMITED (06580835) - Dissolved
CFC 42 LIMITED (06580932) - Dissolved
CFC 43 LIMITED (06580950) - Dissolved
AARYA LIMITED (06602530) - Active
BONASYSTEMS EUROPE LTD (06767604) - Active
SAFE HOSTELS LIMITED (07012299) - Active
WXYZ2 LIMITED (07065338) - Active
CFC 47 LIMITED (07073496) - Active
CFC 53 LIMITED (07267912) - Dissolved
CFC 49 LIMITED (07267960) - Dissolved
CFC 50 LIMITED (07268008) - Dissolved
CFC 51 LIMITED (07268013) - Dissolved
CFC 52 LIMITED (07268031) - Active
THFC 58 LIMITED (07382045) - Dissolved
THE MOVEMENT FOR REFORM JUDAISM (07431950) - Active
SAFESTAY (ELEPHANT & CASTLE) LIMITED (07550725) - Active
ICEBATH LIMITED (08082348) - Active
RAGLAN HOTEL MANAGEMENT COMPANY 2013 LIMITED (08534261) - Active
DUNSFORD COMMERCIAL LIMITED (08694949) - Active
SAFESTAY PLC (08866498) - Active
SAFESTAY (YORK) LIMITED (09015227) - Active
SAFESTAY (YORK) HOSTEL LIMITED (09015234) - Active
SAFESTAY (HP) LIMITED (09181966) - Active
WLS SEYMOUR PLACE LIMITED (09347748) - Active
SAFESTAY (EDINBURGH) HOSTEL LIMITED (09501995) - Active
SAFESTAY (EDINBURGH) LIMITED (09502068) - Active
MR LEE?S PURE FOODS CO. LTD (09679948) - In Administration/Administrative Receive
THE LYONS LEARNING PROJECT (09961485) - Active
BIBENDUM PLB (TOPCO) LIMITED (10093821) - Active
113 REGENTS PARK ROAD LIMITED (10096760) - Dissolved
113 REGENTS PARK ROAD (TOPCO) LIMITED (10096841) - Dissolved
113 REGENTS PARK ROAD (TOPCO) NO.1 LIMITED (10138064) - Dissolved
PROPCO 50 BLACKFRIARS ST. LTD. (10664889) - Active
SHAVEN CROWN TRADING LIMITED (11881100) - Active
MOSS NEWCO LIMITED (13639202) - Liquidation
ICOMB INVESTMENTS LIMITED (13701413) - Active
SJGB INVESTMENTS LIMITED (13703089) - Liquidation
PROPERTY REINSTATEMENT REPAIRS AND MANAGEMENT LIMITED (13866881) - Active
HERMITAGE PROPERTY 2022 LIMITED (14414260) - Active
GLASGOW AIRPORT PARKING ASSOCIATION LIMITED (SC230978) - Dissolved

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2018-05-242016-05-212016-01-072015-06-302015-05-21
SAFESTAY PLCORDINARY1
100%
1
100%
1
100%
1
50%
1
100%
SAFESTAY PLCORDINARY0
0%
0
0%
0
0%
1
50%
0
0%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



no controlling companies

SAFESTAY PLC

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 55202 Youth hostels)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
YHA (ENGLAND AND WALES) TREVELYAN HOUSE, DIMPLE ROAD, MATLOCK, DERBYSHIRE, DE4 3YH 00282555 2018-02-28 52,967,000 1,267,000
INTERPUB LIMITED 1D COLET GARDENS, HAMMMERSMITH, LONDON, LONDON, W14 9DH 01327896 2018-03-31 18,962,604 791,638 56302-Public houses and bars
MAMA WEIRDIGANS LIMITED THE BIRCHCLIFFE CENTRE, CHAPEL AVENUE, HEBDEN BRIDGE, WEST YORKSHIRE, HX7 8DG 07224635 2018-04-30 56,130 0
CANOLFAN CORRIS CYF OLD SCHOOL, OLD RD CORRIS MACHYNLLETH, POWYS, WALES, SY20 9TQ 02681041 2018-07-04 39,183 0 55209-Other holiday and other collective accommodation
85520-Cultural education
OUR SCOTTISH ADVENTURE LTD SANACHAN HOUSE, KISHORN, STRATHCARRON, ROSS-SHIRE, SCOTLAND, IV54 8XA SC527574 2018-03-31 14,326 0
BEDS & BARS LIMITED 1D COLET GARDENS, HAMMERSMITH, LONDON, LONDON, W14 9DH 05500765 0000-00-00 0 0 56302-Public houses and bars

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
SAFESTAY PLC 0.9% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 1.7% 4.0% 5.9% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium

VALUATION (BETA)




Valuation ratios as at 2024-02-28


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
SAFESTAY PLC 14,230,000 88,486,500 6.5 -186.7
Travel and Leisure
( 39 companies)
38,110,180,000 76,297,713,390 101.4
(median)
3.2
(median)
35.1
(median)
Do you have a dispute with a business?
Make it public