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Reading Hotel Operating Company Ltd.

09355185

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
66 / 100

Some Concerns

30/30
Filing
20/30
Financial
16/40
Risk
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

555-557 CRANBROOK ROAD, ILFORD, IG2 6HE
Incorporated 15/12/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Varun Chadha

director · Since 01/06/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 32 other boards

Mr Tabrej Alam

director · Since 25/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Varun Chadha

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

British · England · Age 43

555-557, Cranbrook Road, Ilford, IG2 6HE

Notified 09/06/2021

Former PSCs

K/S Habro-Reading, Hotel

Ceased 01/06/2021

Orchid Hotel Reading Ltd

Ceased 09/06/2021

Charges2 outstanding

Charge
outstanding

CANADA LIFE LIMITED

Created 05/08/2015Registered 25/08/2015
Charge
outstanding

CANADA LIFE LIMITED

Created 05/08/2015Registered 25/08/2015

Insolvency History1 case

compulsory liquidation14/05/2025

The Official Receiver Or London (practitioner) · Rishi Karia (practitioner) · Grace Jones (practitioner)

CompanyRankvs 3707+ SIC 55100 peers
38

Financial strength69th percentile among SIC peers · 17/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees2/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£50k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£679k

Working capital

Current Assets

£3.7M

Current Liabilities

£3.0M

Fixed Assets

£42k

Debtors

£3.7M

0avg. employees-12

Tax at Year End(2022)

Corp tax£77k

Balance Sheet

Assets less current liabilities£722k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.23+£0
20241.28+£0
20221.22+£0
20211.54+£0
20200.63

Derived from filed accounts. Not audited figures.