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City Sightseeing Limited

03646992

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

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

Details

SUITE 8 GROSVENOR HOUSE, REDDITCH, B97 4DL
Incorporated 09/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79110
Travel agency activities
79120
Tour operator activities
79901
Activities of tourist guides

Officers

Enrique Maria Ybarra Valdenebro

director · Since 15/04/2011

DIRECTOR

SPANISH · SPAIN · Age 60

Persons with Significant Control

Mr Enrique Maria Ybarra Valdenebro

50–75% shares

Spanish · Spain · Age 60

Suite 8 Grosvenor House, Prospect Hill, Redditch, B97 4DL

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Charge
outstanding

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Created 16/07/2021Registered 16/07/2021
charge
satisfied

HSBC BANK PLC

Created 30/05/2002Registered 08/06/2002Satisfied 20/04/2011
charge
satisfied

HSBC BANK PLC

Created 30/05/2002Registered 08/06/2002Satisfied 20/04/2011
charge
satisfied

HSBC BANK PLC

Created 15/11/2000Registered 29/11/2000Satisfied 27/06/2001
charge
satisfied

HSBC BANK PLC

Created 10/11/2000Registered 18/11/2000Satisfied 27/06/2001

CompanyRankvs 6969+ SIC 79110 peers
19

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.96× · 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 strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.2 of the financial statements, which describes the basis upon which the financial statements are prepared and the material uncertainties relating to going con

Key FinancialsYear ending 31/12/2024

Net Worth

-£662k

Balance sheet strength

Cash

£2.9M

Cash in the bank

Profit Before Tax

£153k

Bottom line earnings

Net Current Assets

-£274k

Working capital

Current Assets

£6.1M

Current Liabilities

£6.4M

Fixed Assets

£0

Debtors

£3.2M

Admin Expenses

£4.0M

Profit After Tax

£153k

0avg. employees-12

Tax at Year End(2020)

Dividends paid£0

People Costs

Wages & salaries£394k

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£500k
Assets less current liabilities-£274k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96+£153k
20230.96-£381k
20221.07+£423k
20210.95-£3.5M
20201.19+£25k
20191.61

Derived from filed accounts. Not audited figures.