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Hillary Hotel No.1 Limited

09173742

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

245 BROAD STREET, BIRMINGHAM, B1 2HQ
Incorporated 13/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Darren Guy

director · Since 10/06/2022

FINANCE DIRECTOR

IRISH · IRELAND · Age 48

Also on 50 other boards

Mr Ronen Erwin Nissenbaum

director · Since 10/06/2022

CHIEF EXECUTIVE

ISRAELI · ENGLAND · Age 63

Also on 55 other boards

Mr Emmet Bergin

secretary · Since 12/11/2024

Persons with Significant Control

Mr David Fattal

50–75% shares

Israeli · Israel · Age 69

245, Broad Street, Birmingham, B1 2HQ

Notified 31/08/2018

Former PSCs

Jurys Hotel Management (Uk) Limited

Ceased 31/08/2018

Charges0 outstanding

Charge
satisfied

MOUNT STREET MORTGAGE SERVICING LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES)

Created 19/01/2018Registered 30/01/2018
Charge
satisfied

MOUNT STREET MORTGAGE SERVICING LIMITED, AS SECURITY TRUSTEE FOR EACH OF THE SECURED PARTIES

Created 20/12/2017Registered 28/12/2017
Charge
satisfied

MOUNT STREET MORTGAGE SERVICING LIMITED, AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 20/12/2017Registered 22/12/2017
Charge
satisfied

U.S. BANK TRUSTEES LIMITED, OF 125 OLD BROAD STREET, LONDON, EC2N 1AR, AS SECURITY TRUSTEE FOR

Created 31/03/2016Registered 11/04/2016Satisfied 20/12/2017
Charge
satisfied

CITICORP TRUSTEE COMPANY LIMITED AS SECURITY TRUSTEE (TRUSTEE FOR EACH OF THE SECURED PARTIES)

Created 24/07/2015Registered 04/08/2015Satisfied 06/04/2016
Charge
satisfied

LSREF III WIGHT LIMITED

Created 11/09/2014Registered 18/09/2014Satisfied 06/04/2016

CompanyRankvs 6594+ SIC 55100 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

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

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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£13.5M

Annual revenue

Net Worth

-£12.1M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£1.7M

Bottom line earnings

Net Current Assets

-£13.9M

Working capital

Current Assets

£4.3M

Current Liabilities

£18.2M

Fixed Assets

£28.2M

Debtors

£1.4M

Cost of Sales

£13.3M

Gross Profit

£268k

Admin Expenses

£182k

Operating Profit

£86k

Profit After Tax

-£374k

213avg. employees

People Costs

Wages & salaries£3.7M
NI contributions£231k

Balance Sheet

Assets less current liabilities£14.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£0
20240.24

Derived from filed accounts. Not audited figures.