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Damon'S Motel Limited

02542214

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

DAMONS RESTAURANT, LINCOLN, LN6 3SE
Incorporated 24/09/1990

Compliance

Last accounts

26/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr John Edmund Foulston

director · Since 24/09/1991

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 8 other boards

Mr Stuart Andrew Carey

director · Since 01/03/2012

NONE

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Damon's (Holdings) Limited

75–100% shares

999, Doddington Road, Lincoln, LN6 3SE

Reg: 02790357 · England · Limited Company

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 30/03/2012Registered 11/04/2012
charge
outstanding

BARCLAYS BANK PLC

Created 24/01/2001Registered 25/01/2001
charge
outstanding

BARCLAYS BANK PLC

Created 20/11/2000Registered 08/12/2000
charge
satisfied

VAUX GROUP PLC

Created 30/01/1997Registered 06/02/1997Satisfied 24/05/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THR BANK OF IRELAND

Created 10/03/1993Registered 16/03/1993Satisfied 24/05/2008

CompanyRankvs 171+ SIC 55100 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 824.12× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 26/01/2025

Net Worth

£2.9M

Balance sheet strength

Cash

£165k

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£2.7M

Current Liabilities

£3k

Fixed Assets

£214k

Debtors

£2.5M

17avg. employees-3

Balance Sheet

Assets less current liabilities£2.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025824.12+£566k
202412.00+£2k
202316.58+£58k
202221.00+£40k
202124.94-£247k
202011.96

Derived from filed accounts. Not audited figures.