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Palm Springs Hotel Limited

04824711

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

69 HIGH STREET, DEVON, EX39 2AT
Incorporated 08/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Permjit Singh Bahia

director · Since 28/06/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Permjit Singh Bahia

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 60

72, Furnival Avenue, Slough, SL2 1DW

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

ABBEY NATIONAL PLC

Created 29/04/2009Registered 01/05/2009
charge
outstanding

ABBEY NATIONAL PLC

Created 31/03/2008Registered 01/04/2008

CompanyRankvs 824+ SIC 55100 peers
70

Financial strength86th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£682k

Balance sheet strength

Cash

£202k

Cash in the bank

Net Current Assets

£128k

Working capital

Current Assets

£280k

Current Liabilities

£152k

Fixed Assets

£1.0M

Debtors

£66k

15avg. employees

Balance Sheet

Bank loans & overdrafts£293k
Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.84+£0
20251.84+£59k
20241.54-£4k
20231.64+£20k
20221.86+£93k
20212.16-£33k
20201.88+£36k
20191.40+£9k
20181.36

Derived from filed accounts. Not audited figures.