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Honeymaster Limited

02948677

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1 HYVERHALL, BARNET, EN5 3JA
Incorporated 14/07/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Manhad Narula

director · Since 13/05/2002

STUDENT

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Manhad Narula

75–100% shares

British · United Kingdom · Age 43

1 Hyverhall, Barnet Gate, Barnet, EN5 3JA

Notified 10/08/2016

Former PSCs

The Willett Hotel Ltd

Ceased 09/08/2016

Charges0 outstanding

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CompanyRankvs 219+ SIC 55100 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.81× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£5.5M

Working capital

Current Assets

£6.9M

Current Liabilities

£1.4M

Fixed Assets

£41k

Debtors

£6.9M

5avg. employees

Tax at Year End

Corp tax£27k

Director Loans

Company owes directors£892k
Directors owe company£296k

Balance Sheet

Assets less current liabilities£5.5M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20244.81+£6.5M
20230.13+£373k
20220.28+£250k
20210.09-£80k
20200.09+£115k
20190.10

Derived from filed accounts. Not audited figures.