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Oddfellows Rooms Limited

08464401

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

16 - 20, CHESTER, CH1 1RS
Incorporated 27/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Douglas Donald Mcgeorge

director · Since 27/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 16 other boards

Persons with Significant Control

Oddfellows Holdings Ltd

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

Eccleston Hill House, Hill Road, Chester, CH4 9HG

Reg: 09280083 · Companies House · Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

AIB GROUP (UK) P.L.C.

Created 18/11/2015Registered 19/11/2015Satisfied 27/06/2024

CompanyRankvs 6160+ SIC 55100 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Longevity13/15 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

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

Going Concern Doubt

This support includes the provision of additional loan facilities if these are required. The Director is aware that the above matters may cast doubt on the company's ability to continue as a going concern. However, the Director has concluded that the company remains a going concern and has prepared the accounts on that basis. Related party exemption The company has taken advantage of exem

Key FinancialsYear ending 31/03/2024

Net Worth

-£512k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£542k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.4M

Fixed Assets

£43k

Debtors

£1.8M

41avg. employees-8

Balance Sheet

Assets less current liabilities-£499k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77-£117k
20230.73-£137k
20220.80+£279k
20210.55
20200.50
20190.54

Derived from filed accounts. Not audited figures.