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SAFESTAY PLC
1A KINGSLEY WAY, LONDON, N2 0FWCompany 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-2024Accounts 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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 0 | 0 (0.0%) | |
Active | Peter ZIELKE | 01 Feb 2023 | Coo | German | 4 - 0 | 0 (0.0%) | |
Resigned | Peter WEIMAR | 01 Feb 2023 | 16 Mar 2023 | Coo | German | 0 - 1 | 0 (0.0%) |
Active | Paul HINGSTON | 21 Feb 2022 | Chief Financial Officer | British | 1 - 0 | 0 (0.0%) | |
Resigned | Peter James HARVEY | 21 May 2021 | 21 Feb 2022 | Chief Financial Officer | British | 11 - 6 | 0 (0.0%) |
Active | Paul David CUMMINS | 13 Sep 2018 | Director | British | 1 - 0 | 0 (0.0%) | |
Resigned | Herve Olivier Arnaud DELIGNY | 14 Aug 2018 | 28 May 2021 | Director | French | 0 - 46 | 11 (23.9%) |
Resigned | Anson CHAN | 06 Dec 2017 | 18 Oct 2022 | Chairman, Ceo | Canadian | 0 - 1 | 0 (0.0%) |
Resigned | Sharon Natalie SEGAL | 09 Oct 2017 | 14 Aug 2018 | Finance Director | British | 3 - 17 | 5 (25.0%) |
Active | Michael Barry HIRST OBE | 04 May 2017 | Company Director And Consultant In Hospitality | British | 2 - 0 | 0 (0.0%) | |
Resigned | Nuno SACRAMENTO | 04 May 2017 | 17 Jun 2022 | Chief Operating Officer | Portuguese | 0 - 2 | 0 (0.0%) |
Resigned | Philip James HOUGHTON | 03 Jun 2015 | 31 Dec 2016 | Director | British | 0 - 20 | 9 (45.0%) |
Active | Stephen David MOSS | 19 Mar 2014 | Director | British | 17 - 33 | 19 (38.0%) | |
Active | Larry Glenn LIPMAN | 29 Jan 2014 | Director | British, | 29 - 33 | 18 (29.0%) | |
Resigned | Colin Michael STONE | 29 Jan 2014 | 13 Nov 2015 | Certified Accountant | British | 0 - 21 | 1 (4.8%) |
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
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date | ||||
---|---|---|---|---|---|---|
2018-05-24 | 2016-05-21 | 2016-01-07 | 2015-06-30 | 2015-05-21 | ||
SAFESTAY PLC | ORDINARY | 1 100% | 1 100% | 1 100% | 1 50% | 1 100% |
SAFESTAY PLC | ORDINARY | 0 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) |