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Titanic Spa Limited

10622900

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O RRS, S&W PARTNERS LLP 4TH FLOOR, CUMBERLAND HOUSE, SOUTHAMPTON, SO15 2BG
Incorporated 16/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Warrick Robert Burton

director · Since 16/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

David John Oates

director · Since 16/02/2017

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 76

Also on 21 other boards

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 21/08/2018Registered 03/09/2018Satisfied 04/09/2025

CompanyRankvs 15+ SIC 55100 peers
20

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity9 years trading (max 15) · 9/15
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.

Employees0/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent 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. Without modifying our opinion, we draw attention to the directors' assessment of going c

Key FinancialsYear ending 31/12/2022

Turnover

£5.8M

Annual revenue

Net Worth

-£836k

Balance sheet strength

Cash

£256k

Cash in the bank

Profit Before Tax

£211k

Bottom line earnings

Net Current Assets

-£1.0M

Working capital

Current Assets

£1.6M

Current Liabilities

£2.6M

Fixed Assets

£5.8M

Debtors

£1.2M

Cost of Sales

£1.3M

Gross Profit

£4.5M

Admin Expenses

£3.6M

Operating Profit

£938k

Profit After Tax

£23k

124avg. employees

Tax at Year End

Corp tax£378k

People Costs

Wages & salaries£2.0M
NI contributions£195k

Balance Sheet

Intangible assets£844k
Assets less current liabilities£4.8M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20220.61+£0
20220.61-£1.8M
20203.28—

Derived from filed accounts. Not audited figures.