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Whelan Hotelco Limited

07283892

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

WHELCO PLACE, WIGAN, WN5 8DB
Incorporated 14/06/2010

Compliance

Last accounts

31/05/2025

full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/05/2026

Due 26/05/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr David Whelan

director · Since 14/06/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 89

Also on 22 other boards

Mrs Jayne Alison Best

director · Since 30/09/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Matthew Joseph Sharpe

director · Since 19/03/2026

BRITISH · ENGLAND · Age 38

Also on 8 other boards

Persons with Significant Control

Mrs Patricia Mary Whelan

25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 90

Whelco Place, Enfield Street, Wigan, WN5 8DB

Notified 01/06/2017

Mrs Jayne Alison Best

Significant control
significant-influence-or-control-as-firm

British · England · Age 63

Whelco Place, Enfield Street, Wigan, WN5 8DB

Notified 01/06/2017

Mr David Whelan

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 89

Whelco Place, Enfield Street, Wigan, WN5 8DB

Notified 01/06/2017

Charges2 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 09/03/2015Registered 11/03/2015
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 09/03/2015Registered 11/03/2015
charge
satisfied

BARCLAYS BANK PLC

Created 15/08/2011Registered 20/08/2011Satisfied 22/04/2015
charge
satisfied

BARCLAYS BANK PLC

Created 15/08/2011Registered 20/08/2011Satisfied 22/04/2015

CompanyRankvs 22+ SIC 55100 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/05/2024

Turnover

£5.1M

Annual revenue

Net Worth

£10.1M

Balance sheet strength

Cash

£497k

Cash in the bank

Profit Before Tax

£832k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£4.3M

Current Liabilities

£1.7M

Fixed Assets

£9.9M

Debtors

£3.7M

Cost of Sales

£755k

Gross Profit

£4.4M

Admin Expenses

£3.3M

Operating Profit

£1.1M

Profit After Tax

£601k

99avg. employees+3

Tax at Year End

Corp tax£217k

People Costs

Wages & salaries£1.9M
NI contributions£128k

Balance Sheet

Bank loans & overdrafts£233k
Assets less current liabilities£12.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.49+£601k
20233.25+£642k
20220.73+£522k
20210.34-£354k
20200.43+£302k
20190.30

Derived from filed accounts. Not audited figures.