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Art Hotels Uk Limited

05333248

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

UNIT 8B MARINA COURT, HULL, HU1 1TJ
Incorporated 14/01/2005

Compliance

Last accounts

31/07/2021

unaudited abridged

Next accounts due

31/07/2023

Overdue

Confirmation statement

Last: 06/10/2022

Due 20/10/2023

Overdue

Industry

55100
Hotels and similar accommodation

Officers

Balbinder Kaur Takhar

secretary · Since 14/01/2005

BRITISH · UNITED KINGDOM · Age 65

Also on 25 other boards

Balbinder Kaur Takhar

director · Since 14/01/2005

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 65

Also on 25 other boards

Ravinder Singh Takhar

director · Since 14/01/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 6 other boards

Persons with Significant Control

Mr Ravinder Singh Takhar

Significant control

British · England · Age 70

Unit 8b Marina Court, Castle Street, Hull, HU1 1TJ

Notified 07/04/2016

Charges1 outstanding

Debenture
outstanding

Hsbc Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 28/03/2006Registered 30/03/2006

Insolvency History1 case

creditors voluntary liquidation07/06/2023

Andrew Graham Mackenzie (practitioner) · Laura Baxter (practitioner)

CompanyRankvs 15+ SIC 55100 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/07/2021

Net Worth

-£886k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

-£981k

Working capital

Current Assets

£1.2M

Current Liabilities

£2.2M

Fixed Assets

£145k

Debtors

£999k

91avg. employees

Balance Sheet

Assets less current liabilities-£837k
Signed by 2020-08-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20210.54

Derived from filed accounts. Not audited figures.