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Steyne Hotels Limited

04241783

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

19-23 THE STEYNE, WORTHING, BN11 3DU
Incorporated 27/06/2001

Compliance

Last accounts

30/04/2025

medium

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 15/06/2025

Due 29/06/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr David Henry Langridge

secretary · Since 27/06/2001

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 76

Also on 6 other boards

Michael John Clinch

director · Since 27/06/2001

HOTELIER

BRITISH · ENGLAND · Age 84

Also on 1 other board

Mrs Gillian Marion Clinch

director · Since 22/01/2009

NONE

BRITISH · ENGLAND · Age 73

Mr David Henry Langridge

director · Since 22/01/2009

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 76

Also on 6 other boards

Mr Nicholas John Clinch

director · Since 08/11/2012

HOTELIER

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Peter Michael Clinch

director · Since 08/11/2012

HOTELIER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Michael John Clinch

25–50% shares

British · England · Age 84

19-23, The Steyne, Worthing, BN11 3DU

Notified 06/04/2016

Mrs Gillian Marion Clinch

25–50% shares

British · England · Age 73

19-23, The Steyne, Worthing, BN11 3DU

Notified 18/02/2025

Charges0 outstanding

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THE ROYAL BANK OF SCOTLAND PLC

Created 25/07/2001Registered 01/08/2001Satisfied 23/03/2007
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CompanyRankvs 1455+ SIC 55100 peers
60

Financial strength94th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

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

Going Concern Doubt

sibilities 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 2 in the financial statements, which explains that the company made a reported loss before tax of £191,944 for the year ended 30 April 2025 (2024: Profit £398,5

Key FinancialsYear ending 30/04/2025

Turnover

£1.6M

Annual revenue

Net Worth

£2.7M

Balance sheet strength

Cash

£273k

Cash in the bank

Profit Before Tax

-£192k

Bottom line earnings

Net Current Assets

-£1.2M

Working capital

Current Assets

£607k

Current Liabilities

£1.8M

Fixed Assets

£6.3M

Debtors

£326k

Cost of Sales

£822k

Gross Profit

£810k

Admin Expenses

£916k

Operating Profit

-£30k

Profit After Tax

-£180k

34avg. employees-54

Tax at Year End(2024)

Corp tax£11k

People Costs

Wages & salaries£725k
NI contributions£41k

Balance Sheet

Bank loans & overdrafts£1.5M
Assets less current liabilities£5.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33-£18k
20240.16-£724k
20220.29-£26k
20210.16+£129k
20200.13-£134k
20190.29+£4k
20180.21

Derived from filed accounts. Not audited figures.