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Lynridge Hotel Ltd

09287672

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

114-116 GOODMAYES ROAD, ILFORD, IG3 9UZ
Incorporated 30/10/2014

Compliance

Last accounts

30/06/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Iqbal Kaur Takhar

secretary · Since 30/10/2014

Mrs Iqbal Kaur Takhar

director · Since 30/10/2014

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 26 other boards

Mr Pirthipal Singh Takhar

director · Since 30/10/2014

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Mr Sukhbinder Singh Takhar

director · Since 30/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 24 other boards

Persons with Significant Control

Sip Group Limited

75–100% shares
Appoint directors

114-116 Goodmayes Road, Ilford, IG3 9UZ

Reg: 05123725 · Uk · Limited Company

Notified 01/11/2016

Mr Sukhbinder Singh Takhar

25–50% shares

British · United Kingdom · Age 71

57 Manor Road, Chigwell, IG7 5PH

Notified 01/11/2016

Former PSCs

Mr Sukhbinder Singh Takhar

Ceased 01/11/2016

Mrs Iqbal Kaur Takhar

Ceased 20/05/2021

Mr Pirthipal Singh Takhar

Ceased 20/05/2021

CompanyRankvs 770+ SIC 55100 peers
78

Financial strength87th percentile among SIC peers · 22/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 10.56× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£791k

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

£950k

Working capital

Current Assets

£1.0M

Current Liabilities

£99k

Fixed Assets

£542k

Debtors

£983k

Profit After Tax

£170k

3avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202410.56+£170k
202312.33+£45k
20229.96+£68k
20217.76+£97k
20206.44+£177k
20197.20+£80k
20186.59

Derived from filed accounts. Not audited figures.