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The Lace Market Hotel Ltd

09792631

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

29 - 31 HIGH PAVEMENT, NOTTINGHAM, NG1 1HE
Incorporated 24/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Rakesh Vinodrai Patel

director · Since 24/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mrs Roopal Pilani

director · Since 24/09/2015

DIRECTOR

INDIAN · UNITED KINGDOM · Age 51

Also on 3 other boards

Mr Uday Sudhir Pilani

director · Since 24/09/2015

COMPANY DIRECTOR

INDIAN · UNITED KINGDOM · Age 54

Also on 1 other board

Miss Diya Uday Pilani

director · Since 08/03/2023

DIRECTOR

INDIAN · INDIA · Age 28

Also on 4 other boards

Persons with Significant Control

Silvercloud Properties Limited

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

3, Montpelier Avenue, Bexley, DA5 3AP

Reg: 07502267 · Companies House · Limited By Shares

Notified 06/04/2016

Mr Rakesh Vinodrai Patel

Significant control

British · England · Age 59

29 - 31, High Pavement, Nottingham, NG1 1HE

Notified 01/09/2016

Former PSCs

Mrs Roopal Pilani

Ceased 06/04/2016

Mr Uday Sudhir Pilani

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 21/03/2025Registered 02/04/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 15/02/2016Registered 16/02/2016

CompanyRankvs 6605+ SIC 55100 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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6605The Lace Market Hotel Ltd
43
How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£289k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£146k

Working capital

Current Assets

£56k

Current Liabilities

£201k

Fixed Assets

£52k

Debtors

£32k

42avg. employees

Balance Sheet

Assets less current liabilities-£94k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.28+£0
20250.28+£107k
20240.31+£75k
20230.09-£105k
20220.10+£6k
20210.05-£94k
20200.10-£599k
20190.10—

Derived from filed accounts. Not audited figures.