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The Terrace Hotel Limited

09920594

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

5 NEW STREET SQUARE, LONDON, EC4A 3TW
Incorporated 17/12/2015

Compliance

Last accounts

31/12/2024

full

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

Ms Emily Jayne Harris

director · Since 07/02/2023

FINANCIAL CONTROLLER

BRITISH · UNITED KINGDOM · Age 34

Also on 21 other boards

Mr Neil Smith

director · Since 09/10/2024

CFO

BRITISH · UNITED KINGDOM · Age 41

Also on 10 other boards

Persons with Significant Control

Former PSCs

Blackfriars Hotel (Uk) Holdings Limited

Ceased 03/09/2021

Charges2 outstanding

Charge
outstanding

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outstanding

METRO BANK PLC

Created 17/04/2025Registered 17/04/2025
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 22/02/2022Registered 24/02/2022Satisfied 29/04/2025
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 18/02/2022Registered 22/02/2022Satisfied 29/04/2025
Charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 18/02/2022Registered 21/02/2022Satisfied 29/04/2025
Charge
satisfied

LLOYDS BANK PLC (AS DEFINED IN THE INSTRUMENT EVIDENCING THE CHARGE ACCOMPANYING THIS LL MR01)

Created 15/11/2018Registered 20/11/2018Satisfied 09/09/2021
Charge
satisfied

LLOYDS BANK PLC

Created 05/11/2018Registered 08/11/2018Satisfied 09/09/2021

CompanyRankvs 975+ SIC 55100 peers
60

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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

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 directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£4.7M

Annual revenue

Net Worth

£2.6M

Balance sheet strength

Cash

£62k

Cash in the bank

Profit Before Tax

£817k

Bottom line earnings

Net Current Assets

£718k

Working capital

Current Assets

£1.7M

Current Liabilities

£941k

Fixed Assets

£15.6M

Debtors

£1.6M

Cost of Sales

£1.5M

Gross Profit

£3.2M

Admin Expenses

£1.7M

Operating Profit

£1.7M

Profit After Tax

£584k

52avg. employees

People Costs

Wages & salaries£1.2M
NI contributions£81k

Balance Sheet

Bank loans & overdrafts£240k
Assets less current liabilities£16.4M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20231.76

Derived from filed accounts. Not audited figures.