Veladail Hotels Limited
01023840
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 7 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 27/03/2026
Due 10/04/2027
Industry
Officers
director · Since 31/12/1990
HOTELIER
BRITISH · ENGLAND · Age 81
Also on 8 other boards
director · Since 16/03/2011
SECRETARY
BRITISH · ENGLAND · Age 77
Also on 1 other board
director · Since 31/01/2013
HOTELIER
BRITISH · UNITED KINGDOM · Age 45
Also on 10 other boards
Persons with Significant Control
Litrust Ag
21, Herrengasse, Vaduz 9490
Reg: Fl-0002.034.125-1 · Register Of Commerce · Company Limited By Shares
Notified 06/04/2016
Former PSCs
Mr Satinder Kishore Gulhati
Ceased 17/03/2025
Charges7 outstanding
HSBC UK BANK PLC (AS SECURITY AGENT)
OVERSEA-CHINESE BANKING CORPORATION LIMITED
EFG PRIVATE BANK LIMITED
OVERSEA-CHINESE BANKING CORPORATION LIMITED
HSBC BANK PLC
SANTANDER UK PLC
BANK OF SINGAPORE LIMITED
OVERSEA-CHINESE BANKING CORPORATION LIMITED
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED
BANK OF CREDIT AND COMMERCE INTERNATIONAL SA (IN COMPULSORY LIQUIDATION)
THE BANK OF CREDIT & COMMERCE INTERNATIONAL S.A.
BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
BANK OF CREDIT & COMMERCE INTERNATIONAL SOCIETE ANNYME LICENSED DEPOSIT TAKER
BANK OF CREDIT AND COMMER INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
BANK OF CREDIT & COMMERCE INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
BANK OF CREDIT COMMERCE INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
BANK OF CREDIT AND COMMERCE INTERNATIONAL SOCIETE ANONYME LICENSED DEPOSIT TAKER
CompanyRankvs 3530+ SIC 55100 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£58.7M
Balance sheet strength
Cash
£9.5M
Cash in the bank
Profit Before Tax
-£2.8M
Bottom line earnings
Net Current Assets
£71.2M
Working capital
Current Assets
£80.7M
Current Liabilities
£9.5M
Fixed Assets
£7.2M
Debtors
£4.5M
Cost of Sales
£14.3M
Admin Expenses
£7.9M
Profit After Tax
-£3.7M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.52 | -£14.5M |
| 2023 | 8.70 | +£2.1M |
| 2022 | 6.32 | +£0 |
| 2022 | 6.32 | -£1.4M |
| 2021 | 5.93 | — |
Derived from filed accounts. Not audited figures.