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Plaza Premium Lounge (Uk) Limited

08584895

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

SUITE 5 PART SECOND FLOOR, WEST DRAYTON, UB7 0DQ
Incorporated 26/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79909
Other reservation service activities

Officers

Ms Yuk Ting Linda Cheung

director · Since 26/06/2013

COMPANY DIRECTOR

CHINESE · HONG KONG · Age 65

Mr Hoi See Song

director · Since 26/06/2013

COMPANY DIRECTOR

MALAYSIAN · HONG KONG · Age 69

Persons with Significant Control

Ms Yuk Ting Linda Cheung

25–50% shares
25–50% votes

Chinese · Hong Kong · Age 65

Flat A, 17/F, Borrett Mansions, Happy Valley

Notified 30/06/2016

Mr Hoi See Song

25–50% shares
25–50% votes

Malaysian · Hong Kong · Age 69

17/F, Borrett Mansions, Happy Valley

Notified 30/06/2016

Charges3 outstanding

Charge
outstanding

THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (AND ITS SUCCESSORS IN TITLE AND PERMITTE

Created 20/02/2026Registered 23/02/2026
Charge
outstanding

HSBC UK BANK PLC

Created 19/12/2025Registered 24/12/2025
Charge
outstanding

THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (AND ITS SUCCESSORS IN TITLE AND PERMITTE

Created 13/05/2024Registered 16/05/2024

CompanyRankvs 1731+ SIC 79909 peers
25

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1731Plaza Premium Lounge (Uk) Limited
45
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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 1.3 of the financial statements, which explains that as an operator of airport lounges and an aerotel, the group operates in an industry severely affected by the COVID-19

Key FinancialsYear ending 31/03/2019

Net Worth

-£30.5M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

-£36.7M

Working capital

Current Assets

£4.1M

Current Liabilities

£40.8M

Fixed Assets

£9.4M

Debtors

£2.4M

Profit After Tax

-£8.2M

236avg. employees

People Costs

NI contributions£297k

Balance Sheet

Assets less current liabilities-£27.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20190.10

Derived from filed accounts. Not audited figures.