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Ruthin Castle Hotel Ltd

09077120

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

RUTHIN CASTLE, RUTHIN, LL15 2NU
Incorporated 09/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Noreen Rabani

director · Since 19/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Ruthin Castle Estates Ltd

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

Ruthin Castle, Castle Street, Ruthin, LL15 2NU

Reg: 08606915 · Companies House · Limited Liability Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANNE GROUP (UK) LIMITED (AS SECURITY AGENT)

Created 20/12/2021Registered 30/12/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 20/01/2017Registered 25/01/2017Satisfied 16/10/2019

CompanyRankvs 4120+ SIC 55100 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.2× · 12/20
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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

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 relating to going concern We draw attention to Note 2 in the financial statements, which indicates that the company's liabilities exceeded its total assets by £1,304,570 (2023: £1,386,373). As stated in Note 2, t

Key FinancialsYear ending 30/12/2024

Turnover

£3.1M

Annual revenue

Net Worth

-£1.3M

Balance sheet strength

Cash

£55k

Cash in the bank

Profit Before Tax

£82k

Bottom line earnings

Net Current Assets

£687k

Working capital

Current Assets

£4.1M

Current Liabilities

£3.4M

Fixed Assets

£620k

Debtors

£4.0M

Cost of Sales

£629k

Gross Profit

£2.4M

Admin Expenses

£2.2M

Operating Profit

£233k

Profit After Tax

£82k

83avg. employees+4

Balance Sheet

Intangible assets£2k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£82k
20231.24+£157k
20210.17-£76k
20200.10
20190.10

Derived from filed accounts. Not audited figures.