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Journey Hospitality Limited

07413674

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

JOURNEY HEAD OFFICE ELMSTONE BUSINESS PARK, ELMSTONE HARDWICKE, GL51 9SY
Incorporated 20/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63120
Web portals

Officers

Mr Simon John Bullingham

director · Since 02/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Mr Mark Reed

director · Since 27/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 6 other boards

Persons with Significant Control

Journey Bidco Limited

75–100% shares
75–100% votes
Appoint directors

30, Newman Street, London, W1T 1PT

Reg: 14426179 · Register Of Companies · Private Limited Company

Notified 27/10/2022

Former PSCs

Mr Arthur Stephen Hindmarch

Ceased 02/06/2020

Bjh Holdings Limited

Ceased 27/10/2022

Mr Simon John Bullingham

Ceased 27/10/2022

Commercial Corporate Services Limited

Ceased 27/10/2022

Charges1 outstanding

Charge
outstanding

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Charge
satisfied

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Charge
satisfied

BJH HOLDINGS LIMITED

Created 02/06/2020Registered 04/06/2020Satisfied 02/11/2022
Charge
satisfied

SANTANDER UK PLC

Created 15/10/2019Registered 16/10/2019Satisfied 02/11/2022
Charge
satisfied

LLOYDS BANK PLC

Created 23/02/2016Registered 24/02/2016Satisfied 13/05/2019
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satisfied

BARCLAYS BANK PLC

Created 24/11/2014Registered 26/11/2014Satisfied 21/08/2019
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BARCLAYS BANK PLC

Created 28/08/2013Registered 04/09/2013Satisfied 21/08/2019

CompanyRankvs 4177+ SIC 63120 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.12× · 2/20
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 strength0/25 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.

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

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 31/10/2025

Net Worth

-£17.7M

Balance sheet strength

Cash

£947k

Cash in the bank

Profit Before Tax

-£6.8M

Bottom line earnings

Net Current Assets

-£18.9M

Working capital

Current Assets

£2.6M

Current Liabilities

£21.4M

Fixed Assets

£6.0M

Debtors

£1.6M

Admin Expenses

£13.2M

Profit After Tax

-£6.3M

115avg. employees-21

People Costs

Wages & salaries£4.9M

Balance Sheet

Intangible assets£94k
Bank loans & overdrafts£4.9M
Assets less current liabilities-£12.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12-£6.3M
20240.07-£8.0M
20230.12-£5.4M
20220.73-£1.8M
20210.93+£700k
20201.30+£4.6M
20190.46-£753k
20180.36

Derived from filed accounts. Not audited figures.