Summary - Funding Rounds

Founding Date

1987
Premier Inn is a subsidiary of Whitbread

Premier Inn Revenue Breakdown

Embed Graph

Premier Inn revenue breakdown by business segment: 19.8% from Sales Of Goods and 80.2% from Services

Premier Inn Income Statement

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

201.0m288.7m374.5m743.2m812.0m874.9m905.1m

Revenue growth, %

9%

Cost of goods sold

16.5m25.4m30.8m54.2m67.8m

Gross profit

184.6m263.3m343.7m689.0m744.2m

Gross profit Margin, %

92%91%92%93%92%

Operating expense total

430.5m458.9m

Depreciation and amortization

21.1m59.3m

EBIT

36.8m62.0m94.5m277.8m285.8m276.0m273.3m

EBIT margin, %

18%21%25%37%35%32%30%

Interest expense

43.6m44.7m46.2m22.4m17.4m30.3m29.4m

Interest income

59.1m58.2m59.2m

Pre tax profit

44.6m75.5m149.1m255.5m268.4m245.7m243.8m

Income tax expense

11.9m16.6m60.5m41.7m48.2m48.8m48.5m

Net Income

32.6m58.9m88.6m213.8m220.2m196.8m195.3m

Premier Inn Balance Sheet

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.7m2.9m4.0m8.6m6.1m5.5m5.5m

Accounts Receivable

3.4m7.1m16.4m18.9m17.5m17.5m18.3m

Prepaid Expenses

10.9m13.8m

Inventories

731.0k937.0k1.6m2.2m2.2m

Current Assets

1.2b1.2b32.4m41.7m40.4m48.0m51.1m

PP&E

339.8m426.3m1.2b1.3b1.5b1.5b1.6b

Total Assets

1.3b1.4b1.5b1.6b1.7b

Accounts Payable

21.0m18.6m431.2m814.0k3.4m3.4m3.1m

Short-term debt

398.1m290.4m

Current Liabilities

1.0b1.1b485.1m591.4m490.5m

Long-term debt

Non-Current Liabilities

18.4m21.2m69.1m72.6m74.2m

Total Debt

398.1m290.4m

Total Liabilities

554.2m500.1m398.2m664.0m564.7m

Common Stock

200.0m200.0m200.0m200.0m200.0m200.0m200.0m

Retained Earnings

43.5m113.1m517.4m748.2m943.5m

Total Equity

578.1m637.0m717.4m931.1m1.2b948.2m1.1b

Financial Leverage

1.8 x1.5 x1.3 x1.7 x1.5 x

Premier Inn Operating Metrics

FY, 2016FY, 2017Sep, 2018

ARR

£64.80 £62.70

Hotels

750

Occupancy Rate

80.2%79.9%

Premier Inn Employee Rating

3.3452 votes
Culture & Values
3.2
Work/Life Balance
2.7
Senior Management
2.9
Salary & Benefits
3.0
Career Opportunities
3.1
Source