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Place Apart Limited

09490385

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

41 WHITE CHURCH LANE, LONDON, E1 7QR
Incorporated 14/03/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/12/2025

Due 31/12/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Piers Alexander Slater

director · Since 14/03/2015

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 54

Also on 68 other boards

Mr Edward Quentin Slater

secretary · Since 17/06/2019

Also on 22 other boards

Mr Edward Quentin Slater

director · Since 17/06/2019

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 50

Also on 22 other boards

Persons with Significant Control

Mr Piers Alexander Slater

50–75% shares
50–75% votes

British · England · Age 54

41, White Church Lane, London, E1 7QR

Notified 06/04/2016

Former PSCs

Mr Stewart Alastair Deering

Ceased 24/10/2023

CompanyRankvs 7284+ SIC 55100 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity11 years trading (max 15) · 11/15
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.

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.

Longevity11/15 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

represents a 6% increase on prior year. Gross profit margin has increased slightly from 49% in the year ended 31 December 2023 to 51.4% in 2024 as a result of ongoing reviews of operating costs. Going Concern As set out in Note 1.2 of these financial statements and as referred to in the auditors report, there is a material uncertainty about the company's ability to continue as a going con

Key FinancialsYear ending 31/12/2024

Net Worth

-£8.9M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Net Current Assets

£968k

Working capital

Current Assets

£4.4M

Current Liabilities

£3.4M

Fixed Assets

£1.8M

Debtors

£1.9M

0avg. employees-31

Balance Sheet

Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.28-£510k
20231.56-£971k
20221.53-£1.7M
20210.51-£2.9M
20200.15

Derived from filed accounts. Not audited figures.