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Lyric Hotels Limited

02565580

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

DEVONSHIRE HOUSE RINGWOOD ROAD, CHESTERFIELD, S43 1DQ
Incorporated 05/12/1990

Compliance

Last accounts

31/03/2025

medium

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Charanpal Kaur Chauhan

secretary · Since 11/03/2016

Mr Dalbir Singh

director · Since 11/03/2016

MANAGER

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Charanpaul Chauhan

director · Since 17/02/2020

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Ringwood Hall Investments Ltd

75–100% shares

Devonshire House, Ringwood Road, Chesterfield, S43 1DQ

Reg: 07992180 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

CUMBERLAND BUILDING SOCIETY

Created 14/05/2024Registered 24/05/2024
Charge
outstanding

CUMBERLAND BUILDING SOCIETY

Created 14/05/2024Registered 24/05/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/11/2016Registered 30/11/2016Satisfied 21/05/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/11/2016Registered 21/11/2016Satisfied 21/05/2024
Charge
satisfied

DAVID NICHOLAS SETON

Created 11/03/2016Registered 31/03/2016Satisfied 25/11/2016
Charge
satisfied

DAVID NICHOLAS SETON

Created 11/03/2016Registered 31/03/2016Satisfied 25/11/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 16/04/2003Registered 02/05/2003Satisfied 24/02/2009
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 16/04/2003Registered 02/05/2003Satisfied 24/02/2009
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 06/12/2001Registered 12/12/2001Satisfied 03/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/12/2001Registered 12/12/2001Satisfied 03/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 06/12/2001Registered 12/12/2001Satisfied 03/07/2013
charge
satisfied

JOBYSE INVESTMENTS LIMITED

Created 17/11/1999Registered 01/12/1999Satisfied 22/03/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 24/09/1998Registered 25/09/1998Satisfied 23/12/1998
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND(SECURITY TRUSTEE)

Created 19/03/1998Registered 01/04/1998Satisfied 23/12/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC, AS SECURITY TRUSTEE, AS AGENT AND TRUSTEE FOR THE BENEFICIARIES(

Created 22/08/1996Registered 29/08/1996Satisfied 23/12/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/04/1996Registered 17/04/1996Satisfied 23/12/1998
charge
satisfied

NATWEST VENTURES (NOMINEES) LIMITED

Created 02/04/1996Registered 09/04/1996Satisfied 23/12/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC AS SECURITY TRUSTEE FOR THE BENEFICIARIES (AS DEFINED)

Created 03/03/1995Registered 21/03/1995Satisfied 23/12/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC AS SECURITY TRUSTEE FOR THE BENEFICIARIES (AS DEFINED)

Created 03/03/1995Registered 21/03/1995Satisfied 23/12/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/03/1995Registered 17/03/1995Satisfied 23/12/1998
charge
satisfied

NATWEST VENTURES INVESTMENTS LIMITEDFINED THEREIN)AS AGENT AND TRUSTEE FOR THE STOCKHOLDERS (AS

Created 03/03/1995Registered 15/03/1995Satisfied 23/12/1998
charge
satisfied

COUNTY NATWEST LIMITED

Created 08/01/1993Registered 19/01/1993Satisfied 23/12/1998
charge
satisfied

COUNTY NATWEST LIMITEDAS AGENT AND TRUSTEE FOR THE STOCKHOLDERS

Created 08/01/1993Registered 19/01/1993Satisfied 23/12/1998
charge
satisfied

COUNTY NATWEST LIMITED

Created 08/01/1993Registered 19/01/1993Satisfied 23/12/1998
charge
satisfied

COUNTY NATWEST LIMITED, AS AGENT AND TRUSTEE FOR THE STOCKHOLDERS (AS DEFINED THEREIN)

Created 31/03/1992Registered 14/04/1992Satisfied 23/12/1998
charge
satisfied

COUNTY NATWEST LIMITED

Created 31/03/1992Registered 14/04/1992Satisfied 23/12/1998
charge
satisfied

BARCLAYS BANK PLC

Created 02/10/1991Registered 14/10/1991Satisfied 31/12/1993
charge
satisfied

BARCLAYS BANK PLC

Created 02/10/1991Registered 14/10/1991Satisfied 31/12/1993
charge
satisfied

NATWEST INVESTMENT BANK LIMITED

Created 29/03/1991Registered 11/04/1991Satisfied 05/12/2001
charge
satisfied

COUNTY NAT-WEST LIMITED, (FOR ITSELF AND AS AGENT AND TRUSTEE FOR THE LENDERS AND THE SWAPCOUNT

Created 29/03/1991Registered 08/04/1991Satisfied 03/10/1998

CompanyRankvs 1439+ SIC 55100 peers
54

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity6/20 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

Outstanding charges: -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 co

Key FinancialsYear ending 31/03/2025

Turnover

£3.6M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£166k

Cash in the bank

Profit Before Tax

-£78k

Bottom line earnings

Net Current Assets

-£209k

Working capital

Current Assets

£2.0M

Current Liabilities

£2.2M

Fixed Assets

£3.9M

Debtors

£1.8M

Cost of Sales

£643k

Gross Profit

£3.0M

Admin Expenses

£3.1M

Operating Profit

-£72k

Profit After Tax

-£68k

107avg. employees

Tax at Year End(2023)

Corp tax£128k

People Costs

Wages & salaries£1.9M
NI contributions£87k

Balance Sheet

Bank loans & overdrafts£39k
Assets less current liabilities£3.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90+£0
20250.90-£68k
20240.88-£185k
20231.84+£75k
20221.73+£787k
20211.32-£585k
20201.56-£251k
20190.90

Derived from filed accounts. Not audited figures.