Festival Care Homes Ltd
04685922
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/12/2018
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 28 other boards
director · Since 01/06/2025
COMMERCIAL DIRECTOR
INDIAN · ENGLAND · Age 36
Also on 23 other boards
Persons with Significant Control
Abbey Healthcare (Festival) Ltd
Abbey Healthcare, Sutherland House, London, NW9 7BT
Reg: 06712858 · United Kingdom · Limited Company
Notified 06/04/2016
Former PSCs
Mr Prabhdyal Singh Sodhi
Ceased 09/09/2019
Steadfast Trust Company Ltd
Ceased 10/09/2019
Mr Prabhdyal Singh Sodhi
Ceased 11/09/2019
Charges1 outstanding
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CompanyRankvs 159907+ SIC 70229 peers12
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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
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
Net Worth
-£536k
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£11
Bottom line earnings
Net Current Assets
-£5.6M
Working capital
Current Assets
—
Current Liabilities
£5.6M
Admin Expenses
£11
Operating Profit
-£11
Profit After Tax
-£11
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | -£13 |
| 2023 | +£99k |
| 2022 | +£1.1M |
| 2021 | +£1.4M |
| 2020 | +£866k |
Derived from filed accounts. Not audited figures.