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Dorsett Hospitality (Uk) Ltd

08830362

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
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)
  • 2 outstanding charges (-4)

Details

40-41 FURNIVAL STREET, LONDON, EC4A 1JQ
Incorporated 03/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Wing Kwan Winnie Chiu

director · Since 03/01/2014

DIRECTOR

CHINESE · HONG KONG · Age 46

Mr Wai Keung Lai

director · Since 03/01/2014

DIRECTOR

CHINESE · HONG KONG · Age 61

Persons with Significant Control

Former PSCs

Dorsett Hospitality International Limited

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

THE BANK OF EAST ASIA, LIMITED

Created 30/03/2023Registered 31/03/2023
Charge
outstanding

THE BANK OF EAST ASIA, LIMITED

Created 30/03/2023Registered 31/03/2023
Charge
satisfied

OVERSEA-CHINESE BANKING CORPORATION LIMITED

Created 07/04/2017Registered 11/04/2017Satisfied 07/06/2024
Charge
satisfied

THE BANK OF EAST ASIA LIMITED AS SECURITY AGENT

Created 24/11/2015Registered 26/11/2015Satisfied 07/07/2021
Charge
satisfied

OVERSEA-CHINESE BANKING CORPORATION LIMITED

Created 26/03/2014Registered 02/04/2014Satisfied 07/06/2024

CompanyRankvs 15798+ SIC 70100 peers
16

Financial strength3th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

Longevity12/15 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 31/03/2022

Turnover

£900k

Annual revenue

Net Worth

-£341k

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£451k

Bottom line earnings

Net Current Assets

-£341k

Working capital

Current Assets

£7.6M

Current Liabilities

£8.0M

Fixed Assets

£4

Debtors

£5.8M

Admin Expenses

£269k

Operating Profit

£588k

Profit After Tax

£451k

0avg. employees

People Costs

Wages & salaries£44k

Balance Sheet

Assets less current liabilities-£341k
Prepared with Sage Accounts Production 21.0 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20220.96+£451k
20210.89

Derived from filed accounts. Not audited figures.