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Snelsmore Estates Limited

02233431

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

BUCKINGHAM HOUSE, NEWBURY, RG14 1BE
Incorporated 21/03/1988

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Malcolm Vincent Morris

director · Since 29/08/1991

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 84

Also on 64 other boards

Mr Andrew Greig Mckenzie

director · Since 01/12/2000

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Bradley Wilkinson

director · Since 01/10/2014

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Mrs Katherine Mckenzie

secretary · Since 01/10/2019

Persons with Significant Control

Kv Hotels Ltd

75–100% shares
75–100% votes
Appoint directors

1, The Green, Richmond, TW9 1PL

Reg: 05520936 · Register Of Companies · Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 08/02/2023Registered 09/02/2023Satisfied 14/10/2024
Charge
satisfied

HSBC BANK PLC (AS LENDER)

Created 31/07/2015Registered 03/08/2015Satisfied 25/08/2022
charge
satisfied

HSBC BANK PLC

Created 30/12/2002Registered 03/01/2003Satisfied 25/08/2022
charge
satisfied

HSBC BANK PLC

Created 16/12/2002Registered 18/12/2002Satisfied 25/08/2022
charge
satisfied

ATLANTIC MEDICAL LIMITED

Created 03/08/1989Registered 15/08/1989Satisfied 20/02/2003
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/12/1988Registered 23/12/1988Satisfied 01/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/11/1988Registered 15/11/1988Satisfied 01/05/2008
charge
satisfied

ATLANTIC MEDICAL LIMITED

Created 11/10/1988Registered 13/10/1988Satisfied 01/05/2008

CompanyRankvs 75820+ SIC 55100 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going concern are d

Key FinancialsYear ending 31/12/2023

Turnover

£5.9M

Annual revenue

Net Worth

-£21.9M

Balance sheet strength

Cash

£75k

Cash in the bank

Profit Before Tax

-£965k

Bottom line earnings

Net Current Assets

-£28.6M

Working capital

Current Assets

£1.7M

Current Liabilities

£30.3M

Fixed Assets

£6.8M

Debtors

£431k

Cost of Sales

£1.9M

Gross Profit

£4.0M

Admin Expenses

£5.4M

Operating Profit

-£965k

Profit After Tax

-£965k

122avg. employees+29

People Costs

Wages & salaries£2.9M
NI contributions£227k

Balance Sheet

Assets less current liabilities-£21.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.06-£1.9M
20210.10-£360k
20200.10-£1.4M
20190.12-£702k
20180.09

Derived from filed accounts. Not audited figures.