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Banks Hotel Limited

05100521

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

114-116 GOODMAYES ROAD, ILFORD, IG3 9UZ
Incorporated 13/04/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mrs Iqbal Kaur Takhar

secretary · Since 13/04/2004

BRITISH · ENGLAND · Age 66

Also on 53 other boards

Mrs Iqbal Kaur Takhar

director · Since 13/04/2004

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 53 other boards

Mr Pirthipal Singh Takhar

director · Since 13/04/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 17 other boards

Mr Sukhbinder Singh Takhar

director · Since 13/04/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 24 other boards

Persons with Significant Control

Mr Sukhbinder Singh Takhar

25–50% shares

British · United Kingdom · Age 71

114-116, Goodmayes Road, Ilford, IG3 9UZ

Notified 06/04/2016

Mr Sukhbinder Singh Takhar

25–50% shares

British · United Kingdom · Age 71

57 Manor Road, Chigwell, IG7 5PH

Notified 01/05/2017

Charges2 outstanding

Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 30/01/2017Registered 19/02/2017
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 30/01/2017Registered 19/02/2017

CompanyRankvs 187+ SIC 55100 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.53× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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187Banks Hotel Limited
86
How is this score calculated?
Financial strength24/25 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.

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 30/06/2024

Net Worth

£2.9M

Balance sheet strength

Cash

£319k

Cash in the bank

Net Current Assets

£4.4M

Working capital

Current Assets

£5.3M

Current Liabilities

£965k

Fixed Assets

£1.7M

Debtors

£5.0M

Profit After Tax

£814k

9avg. employees-3

Balance Sheet

Assets less current liabilities£6.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.53+£814k
20236.01+£141k
20228.75+£134k
202111.36-£87k
202011.48-£108k
20199.35+£648k
201810.15—

Derived from filed accounts. Not audited figures.