Ability Hotels (Iii) Finance Limited
09325467
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/05/2024
ASSET MANAGER
BRITISH · UNITED KINGDOM · Age 52
Also on 5 other boards
Persons with Significant Control
Mr John Patrick Grayken
American · Bahamas · Age 70
8, Hanover Street, London, W1S 1YQ
Notified 06/04/2016
Former PSCs
Ability Hotels (Iii) Uk Limited
Ceased 16/05/2024
Lsref6 Mersey Investments S.A.R.L.
Ceased 16/05/2024
Charges2 outstanding
MOUNT STREET MORTGAGE SERVICING LIMITED (AS SECURITY AGENT)
MOUNT STREET MORTGAGE SERVICING LIMITED (AS SECURITY AGENT)
CBRE LOAN SERVICING LIMITED (AS COMMON SECURITY TRUSTEE)
CompanyRankvs 22548+ SIC 64209 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 director with respect to going concern are de
Key FinancialsYear ending 31/12/2023
Net Worth
£100
Balance sheet strength
Cash
£912k
Cash in the bank
Profit Before Tax
-£10.5M
Bottom line earnings
Net Current Assets
-£5.3M
Working capital
Current Assets
£116.3M
Current Liabilities
£121.6M
Debtors
£115.4M
Admin Expenses
£589k
Profit After Tax
-£10.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.96 | — |
| 2021 | 36.93 | +£3.1M |
| 2020 | 13.21 | -£124k |
| 2019 | 21.04 | — |
Derived from filed accounts. Not audited figures.