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Q.N. Hotels Limited

02850880

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

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

Details

QN HOUSE UNIT 4 LOUGHTON BUSINESS CENTRE, LOUGHTON, IG10 3FL
Incorporated 06/09/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Qamar Ahmed

director · Since 06/09/1993

HOTELIER

BRITISH · ENGLAND · Age 52

Also on 12 other boards

Mr Qamar Ahmed

secretary · Since 22/05/1995

HOTELIER

BRITISH · ENGLAND · Age 52

Also on 12 other boards

Mr Nabeel Ahmed

director · Since 06/07/2022

BANKER

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Persons with Significant Control

Mr Qamar Ahmed

Significant control

British · England · Age 52

Qn House Unit 4, Loughton Business Centre, Loughton, IG10 3FL

Notified 06/04/2016

Qn Holdings Limited

75–100% shares
75–100% votes

Unit 4, Langston Road, Loughton, IG10 3FL

Reg: 09329964 · Companies House · Limited Company

Notified 01/11/2022

Charges2 outstanding

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outstanding

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Created 08/06/2007Registered 14/06/2007Satisfied 22/10/2009
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Created 13/01/2006Registered 25/01/2006Satisfied 22/10/2009
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charge
satisfied

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CompanyRankvs 413+ SIC 55100 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength24/25 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.

Liquidity12/20 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 31/12/2024

Turnover

£3.6M

Annual revenue

Net Worth

£7.4M

Balance sheet strength

Cash

£199k

Cash in the bank

Profit Before Tax

-£1.0M

Bottom line earnings

Net Current Assets

£753k

Working capital

Current Assets

£6.5M

Current Liabilities

£5.8M

Fixed Assets

£6.6M

Debtors

£6.3M

Cost of Sales

£2.2M

Gross Profit

£1.4M

Admin Expenses

£1.8M

Operating Profit

-£699k

Profit After Tax

-£1.0M

90avg. employees+2

Tax at Year End

Corp tax£332k

People Costs

Wages & salaries£1.5M
NI contributions£112k

Balance Sheet

Intangible assets£17k
Assets less current liabilities£7.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13-£1.0M
20231.27-£682k
20221.33-£4.8M
20211.59+£248k
20205.66-£767k
20196.36

Derived from filed accounts. Not audited figures.