Stephenson Hotel Limited
08179783
Details
Compliance
Last accounts
31/12/2023
full
Next accounts due
31/03/2026
Confirmation statement
Last: 10/08/2024
Due 24/08/2025
Industry
Officers
director · Since 02/10/2012
NONE
BRITISH · UNITED KINGDOM · Age 76
Also on 7 other boards
director · Since 02/10/2012
NONE
BRITISH · ENGLAND · Age 48
Also on 4 other boards
director · Since 02/10/2012
COMPANY SECRETARY/DIRECTOR
BRITISH · UNITED KINGDOM · Age 80
Also on 2 other boards
Persons with Significant Control
Mr William David Clouston
British · United Kingdom · Age 80
8th Floor Central Square 29, Wellington Street, Leeds, LS1 4DL
Notified 01/06/2016
Charges2 outstanding
THE COUNCIL OF THE CITY OF NEWCASTLE UPON TYNE
IHG HOTELS LIMITED (CRN: 03130330)
Insolvency History1 case
Sarah O'Toole (practitioner) · Alison Grant (practitioner)
CompanyRankvs 15+ SIC 41100 peers1
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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.
Risk deductions
Going concern doubt: -10 pts
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.
Going Concern Doubt
approval. However, as the repayment date of its loan has expired, the directors believe there to be a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. At 31 December the Company had net liabilities of £30,696,904 with amounts totalling £30,730,817 owing to Newcastle City Council. At the year end, the Company was in breach of its covenants
Key FinancialsYear ending 31/12/2022
Turnover
£10.9M
Annual revenue
Net Worth
-£29.8M
Balance sheet strength
Cash
£1.6M
Cash in the bank
Profit Before Tax
-£253k
Bottom line earnings
Net Current Assets
-£44.2M
Working capital
Current Assets
£2.7M
Current Liabilities
£47.0M
Fixed Assets
£31.8M
Debtors
£1.1M
Cost of Sales
£5.3M
Gross Profit
£5.6M
Admin Expenses
£4.0M
Operating Profit
£1.8M
Profit After Tax
-£253k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 0.06 |
Derived from filed accounts. Not audited figures.