Cityreed Limited

01404565

active

Private Limited Company

england wales

Companies House

Health Score

90 / 100

Healthy

30/30

Filing

20/30

Financial

40/40

Risk

No risk factors detected.

Details

14-15 QUEENSBOROUGH TERRACE, W2 3SS

Incorporated 11/12/1978

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/04/2025

Due 14/05/2026

Overdue

Industry

55100

Hotels and similar accommodation

Officers

Mr Charalambos Prodromou

director · Since 30/04/1991

HOTEL MANAGER

BRITISH · ENGLAND · Age 85

Also on 3 other boards

Mrs Margarita Prodromou

director · Since 30/06/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Miss Frosoulla Prodromou

secretary · Since 01/05/2015

Persons with Significant Control

Mr Charalambos Prodromou

Significant control

British · England · Age 85

14-15 Queensborough Terrace, W2 3SS

Notified 06/04/2016

Charges0 outstanding

Charge

satisfied

CYNERGY BANK LIMITED

Created 22/09/2020Registered 12/10/2020Satisfied 23/06/2023

charge

satisfied

BANK OF CYPRUS (LONDON) LTD

Created 31/07/2002Registered 07/08/2002Satisfied 16/04/2019

charge

satisfied

BANK OF CYPRUS (LONDON) LTD

Created 18/03/2002Registered 26/03/2002Satisfied 16/04/2019

charge

satisfied

BANK OF CYPRUS (LONDON) LTD

Created 01/02/2002Registered 05/02/2002Satisfied 23/06/2023

charge

satisfied

BANK OF CYPRUS (LONDON0 LTD

Created 21/01/2002Registered 24/01/2002Satisfied 16/04/2019

charge

satisfied

BANK OF CYPRUS (LONDON) LIMITED

Created 30/08/2001Registered 06/09/2001Satisfied 16/04/2019

charge

satisfied

BANK OF CYPRUS (LONDON) LIMITED

Created 16/08/2000Registered 18/08/2000Satisfied 16/04/2019

charge

satisfied

BANK OF CYPRUS (LONDON) LIMITED

Created 16/08/2000Registered 18/08/2000Satisfied 23/06/2023

charge

satisfied

BANK OF CYPRUS (LONDON) LIMITED

Created 16/08/2000Registered 18/08/2000Satisfied 16/04/2019

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 07/05/1999Registered 18/05/1999Satisfied 10/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 26/02/1999Registered 02/03/1999Satisfied 10/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 29/01/1999Registered 03/02/1999Satisfied 11/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/12/1998Registered 23/12/1998Satisfied 10/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 01/10/1998Registered 07/10/1998Satisfied 10/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/06/1992Registered 20/06/1992Satisfied 10/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/09/1987Registered 24/09/1987Satisfied 10/11/2018

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 21/07/1986Registered 25/11/1986Satisfied 11/11/2018

charge

satisfied

WILLIAMS & GLYN'S BANK PLC

Created 17/10/1984Registered 02/11/1984

charge

satisfied

WILLIAMS & GLYN'S BANK PLC

Created 17/10/1984Registered 02/11/1984

charge

satisfied

WILLIAMS & GLYN'S BANK PLC

Created 17/10/1984Registered 02/11/1984

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/04/1982Registered 22/04/1982

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/04/1982Registered 22/04/1982

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/08/1980Registered 18/08/1980

CompanyRankvs 114+ SIC 55100 peers
87

Financial strength96th percentile among SIC peers · 24/25

Employees87th percentile among SIC peers · 13/15

LiquidityCurrent ratio 10.91× · 20/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Show leaderboard

1Crerar Hotel Group Limited

90

2Greenclose Hotels Limited

90

3Ellenbern Holdings Limited

90

4Nicol'S Worsteds Limited

90

5Wyboston Lakes Limited

90

6The Stafford Hotel Limited

90

7Pennyhill Park Limited

90

8Lake District Hotels Limited

90

9The Parkway Hotel And Spa Limited

90

10The Manor House Hotel (Castle Combe) Limited

90

114Cityreed Limited

87

How is this score calculated?

Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£4.8M

Balance sheet strength

Cash

£626k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£131k

Fixed Assets

£3.6M

Debtors

£800k

Profit After Tax

£232k

23avg. employees+2

Tax at Year End

Dividends paid£100k

Balance Sheet

Assets less current liabilities£4.9M

Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

Year	Current Ratio	Implied Profit
2024	10.91	+£17k
2023	7.79	+£132k
2022	6.88	+£203k
2021	4.73	+£336k
2020	3.49	+£225k
2019	2.31	+£99k
2018	1.88	+£86k
2017	1.51	—

Derived from filed accounts. Not audited figures.