The Waterside Hotel And Galleon Leisure Club Limited
02914950
High Risk
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 31/03/2026
Due 14/04/2027
Industry
Officers
director · Since 18/11/2014
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 51
Also on 9 other boards
director · Since 18/11/2014
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
Persons with Significant Control
Mr Jamie Richard Lyne
British · England · Age 51
Wilmslow Road, Didsbury, M20 5WZ
Notified 06/04/2016
Mr Simon James Ryan
British · England · Age 51
Wilmslow Road, Didsbury, M20 5WZ
Notified 06/04/2016
Charges5 outstanding
INVESTEC BANK PLC
INVESTEC BANK PLC
INVESTEC BANK PLC
INVESTEC BANK (UK) LIMITED
INVESTEC BANK (UK) LIMITED
Insolvency History2 cases
Gary Norton Lee (practitioner) · Paul W Barber (practitioner)
Paul W Barber (practitioner) · Gary Norton Lee (practitioner)
CompanyRankvs 5345+ SIC 55100 peers18
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any plans for this matter. The directors acknowledge that these conditions indicate that a material uncertainty exists that may cast significant doubt on the company's abilities to continue as a going concern. However, based on the assessments performed and the directors' confidence the bank will continue to be supportive, the directors have a reasonable expectation that the business has suff
Key FinancialsYear ending 31/12/2024
Turnover
£5.8M
Annual revenue
Net Worth
-£1.2M
Balance sheet strength
Cash
£196k
Cash in the bank
Profit Before Tax
-£6k
Bottom line earnings
Net Current Assets
-£997k
Working capital
Current Assets
£271k
Current Liabilities
£1.3M
Fixed Assets
£11.6M
Debtors
£63k
Cost of Sales
£2.6M
Gross Profit
£3.2M
Admin Expenses
£2.4M
Operating Profit
£769k
Profit After Tax
-£972k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.21 | -£2.2M |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.