Back to search

Cityreed Limited

01404565

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

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 78

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

Mr Yiannis Prodromou

25–50% shares

British · England · Age 51

14-15 Queensborough Terrace, W2 3SS

Notified 01/01/2026

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 01/02/2002Registered 05/02/2002Satisfied 23/06/2023
charge
satisfied

BANK OF CYPRUS (LONDON) LIMITED

Created 16/08/2000Registered 18/08/2000Satisfied 23/06/2023
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 111+ 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
1Greenclose Hotels Limited
90
2Cqk Limited
90
3Ellenbern Holdings Limited
90
4Nicol'S Worsteds Limited
90
5Wyboston Lakes Limited
90
6The Stafford Hotel Limited
90
7Firmdale Hotels Plc
90
8Pennyhill Park Limited
90
9Lake District Hotels Limited
90
10The Parkway Hotel And Spa Limited
90
111Cityreed 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

YearCurrent RatioImplied Profit
202410.91+£17k
20237.79—

Derived from filed accounts. Not audited figures.