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Z Hotels Covent Garden Limited

09998033

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

53-59 CHANDOS PLACE, LONDON, WC2N 4HS
Incorporated 10/02/2016

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/04/2025

Due 12/05/2026

Overdue

Industry

55100
Hotels and similar accommodation

Officers

Mr Beverly Brendon King

director · Since 10/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 57 other boards

Mr Manish Mansukhlal Gudka

director · Since 16/12/2021

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Mr Mansukh Gudka

director · Since 19/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 85

Also on 5 other boards

Mr Patricio Leighton

director · Since 19/12/2022

DIRECTOR

CHILEAN · CHILE · Age 57

Also on 3 other boards

Mr Suraj Rashmikant Shah

director · Since 19/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 76 other boards

Persons with Significant Control

Z Hotels Covent Garden Hotel Holdings Limited

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

First Names House, Victoria Road, Isle Of Man, IM2 4DF

Reg: 018712v · Isle Of Man Companies Registry · Private Limited Company

Notified 16/12/2021

Former PSCs

Mr Beverly Brendon King

Ceased 09/09/2019

Mr Jonathan Joseph Raymond

Ceased 09/09/2019

Z Hotels Trading Gb Limited

Ceased 16/12/2021

Charges1 outstanding

Charge
outstanding

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OAKNORTH BANK PLC

Created 24/04/2019Registered 02/05/2019Satisfied 06/02/2023
Charge
satisfied

OAKNORTH BANK PLC

Created 18/07/2018Registered 20/07/2018Satisfied 06/02/2023
Charge
satisfied

OAKNORTH BANK PLC

Created 16/07/2018Registered 19/07/2018Satisfied 06/02/2023
Charge
satisfied

OAKNORTH BANK LIMITED

Created 20/07/2017Registered 20/07/2017Satisfied 06/02/2023

CompanyRankvs 4331+ SIC 55100 peers
34

Financial strength98th percentile among SIC peers · 25/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity10/15 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

headroom available to make this repayment. These factors indicate the existence of material uncertainties which may cast significant doubt on the company’s ability to continue as a going concern. While there can be no certainty in the assumptions made, the directors have prepared the financial statements on the going concern basis as they have a reasonable expectation that refina

Key FinancialsYear ending 31/03/2025

Net Worth

£10.1M

Balance sheet strength

Cash

£901k

Cash in the bank

Net Current Assets

-£9.7M

Working capital

Current Assets

£3.4M

Current Liabilities

£13.0M

Fixed Assets

£24.2M

Debtors

£2.4M

Profit After Tax

-£2.6M

0avg. employees

Tax at Year End

Corp tax£100

Balance Sheet

Assets less current liabilities£14.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£0
20250.26+£71k
2024+£10.8M
20210.22-£2.3M
20200.30-£902k
20190.19

Derived from filed accounts. Not audited figures.