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Mgm Hotels Limited

05055746

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

OLD PALACE LODGE HOTEL, DUNSTABLE, LU5 4RT
Incorporated 25/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Martyn Gerald Murphy

director · Since 20/07/2005

HOTEL MANAGEMENT

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Mr Martyn Gerald Murphy

secretary · Since 11/12/2008

HOTEL MANAGEMENT

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Persons with Significant Control

Mr Martyn Gerald Murphy

75–100% shares

British · England · Age 56

Old Palace Lodge Hotel, Church Street, Dunstable, LU5 4RT

Notified 06/04/2016

Charges3 outstanding

Charge
satisfied

CENTRAL TAX AND TRUSTEE PLANNING LIMITED LIABILITY PARTNERSHIP, PATRICK MURPHY, MARTYN MURPHY A

Created 01/05/2018Registered 02/05/2018Satisfied 19/09/2025
Charge
satisfied

MICHAEL MURPHY · MARTYN MURPHY · PATRICK MURPHY · CENTRAL TAX AND TRUSTEE PLANNING COMPANY LLP

Created 31/01/2018Registered 31/01/2018Satisfied 19/09/2025
charge
outstanding

BANK OF SCOTLAND PLC

Created 21/09/2011Registered 03/10/2011
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 31/08/2004Registered 04/09/2004
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 31/08/2004Registered 04/09/2004

CompanyRankvs 1903+ SIC 55100 peers
57

Financial strength92th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1903Mgm Hotels Limited
67
How is this score calculated?
Financial strength23/25 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 31/12/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£310k

Working capital

Current Assets

£279k

Current Liabilities

£589k

Fixed Assets

£4.8M

Debtors

£245k

13avg. employees-12

Tax at Year End

Corp tax£69k

Balance Sheet

Assets less current liabilities£4.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47+£131k
20230.79+£501k
20210.83+£101k
20200.48-£200k
20190.28+£269k
20180.11—

Derived from filed accounts. Not audited figures.