M42 Hotel Ltd
07817783
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/10/2011
HOTELIER/PROPERTY DEVELOPER
IRISH · IRELAND · Age 71
Also on 1 other board
Persons with Significant Control
Mr Richard Byrne
Irish · Ireland · Age 71
Salerno, Rockbarton West, Galway
Notified 01/12/2016
R. Byrne Asset Holdings Limited
Salerno, Rockbarton West, Galway
Reg: 699777 · Register Of Companies · Limited Company
Notified 01/01/2022
Former PSCs
R Byrne Concrete Limited
Ceased 01/01/2022
CompanyRankvs 1784+ SIC 55100 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£1.5M
Balance sheet strength
Cash
£442k
Cash in the bank
Net Current Assets
-£554k
Working capital
Current Assets
£512k
Current Liabilities
£1.1M
Fixed Assets
£2.0M
Debtors
£63k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.48 | +£152k | — |
| 2023 | 0.53 | +£745k | — |
| 2022 | 1.42 | +£803k | — |
| 2021 | 0.62 | +£155k | £565k |
| 2020 | 0.12 | -£196k | £40k |
| 2019 | 0.27 | -£104k | £2.0M |
| 2018 | 0.23 | — | £900k |
Derived from filed accounts. Not audited figures.