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Uk Hostels Limited

05066988

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

110 CARLTON AVENUE EAST, WEMBLEY, HA9 8LY
Incorporated 08/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55202
Youth hostels

Officers

Komal Akshay Patel

secretary · Since 08/03/2004

TEACHER

BRITISH · Age 49

Also on 1 other board

Mr Akshay Bhagubhai Patel Ba

director · Since 08/03/2004

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Mr Akshay Bhagubhai Patel

75–100% shares

British · United Kingdom · Age 51

110, Carlton Avenue East, Wembley, HA9 8LY

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 14/03/2024Registered 03/04/2024
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 14/03/2024Registered 01/04/2024
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 14/03/2024Registered 26/03/2024

CompanyRankvs 15+ SIC 55202 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.76× · 20/20
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 strength23/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/05/2024

Net Worth

£303k

Balance sheet strength

Cash

£280k

Cash in the bank

Net Current Assets

£229k

Working capital

Current Assets

£312k

Current Liabilities

£83k

Fixed Assets

£99k

Debtors

£31k

3avg. employees

Tax at Year End(2023)

Corp tax£5k
VAT£21k

Balance Sheet

Assets less current liabilities£328k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.76+£31k
20233.89+£158k£416k
20221.79-£4k
20212.36+£15k
20202.00-£74k
20197.68-£58k
201814.25

Derived from filed accounts. Not audited figures.