Back to search

Sarac Hotels Limited

04864787

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

149 SPON LANE, WEST BROMWICH, B70 6AS
Incorporated 13/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Ravinder Singh Gill

director · Since 06/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Ravinder Singh Gill

75–100% shares

British · England · Age 47

1, Wrekin Drive, Telford, TF2 8DN

Notified 06/12/2022

Former PSCs

Mr Grant David Moon

Ceased 17/02/2022

Mrs Teresa Moon

Ceased 31/08/2018

Mr Mohammed Abul Kashem

Ceased 06/12/2022

Buckatree Hall Ltd

Ceased 06/12/2022

Charges2 outstanding

Charge
outstanding

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 04/03/2024Registered 05/03/2024
Charge
outstanding

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 04/03/2024Registered 05/03/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/09/2010Registered 21/09/2010Satisfied 02/12/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/04/2008Registered 07/05/2008Satisfied 06/05/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/12/2003Registered 24/12/2003Satisfied 02/12/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/11/2003Registered 26/11/2003Satisfied 17/06/2008

CompanyRankvs 2071+ SIC 55100 peers
56

Financial strength88th percentile among SIC peers · 22/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Crerar Hotel Group Limited
90
2Greenclose Hotels Limited
90
3Ellenbern Holdings Limited
90
4Nicol'S Worsteds Limited
90
5Wyboston Lakes Limited
90
6The Stafford Hotel Limited
90
7Pennyhill Park Limited
90
8Lake District Hotels Limited
90
9The Parkway Hotel And Spa Limited
90
10The Manor House Hotel (Castle Combe) Limited
90
2071Sarac Hotels Limited
66
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£933k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1

Current Liabilities

£1.3M

Fixed Assets

£2.3M

10avg. employees-16

People Costs(2023)

Wages & salaries£431k
NI contributions£25k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£431k
20230.26-£122k
20220.17-£59k
20211.00—

Derived from filed accounts. Not audited figures.