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First Resort Events Limited

09293424

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE CRESCENT HOTEL, SCARBOROUGH, YO11 2PP
Incorporated 04/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr William Pringle

director · Since 04/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 92

Also on 1 other board

Miss Sadie Isabella Shard

director · Since 04/11/2014

HOTELIER

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

The Bloomsbury Property Company (Scarborough) Limited

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

The Crescent Hotel, 2 Belvoir Terrace, Scarborough, YO11 2PP

Reg: 09268832 · England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 15/12/2014Registered 16/12/2014

CompanyRankvs 3507+ SIC 55100 peers
53

Financial strength68th percentile among SIC peers · 17/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£44k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£133k

Current Liabilities

£152k

Fixed Assets

£84k

Debtors

£95k

25avg. employees+4

Balance Sheet

Assets less current liabilities£65k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£58k
20231.31-£163k
20226.61-£5k
20212.75+£220k
20201.33+£17k
20190.69
20180.45

Derived from filed accounts. Not audited figures.