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Mbo Hotels Limited

10858460

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

4TH FLOOR,, LONDON, WC2A 1DT
Incorporated 10/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Christopher John Francis Andrews

director · Since 10/07/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 13 other boards

Mr Daniel Stephen Levy

director · Since 05/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 6 other boards

Mr Stuart Mark Levy

director · Since 05/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Simon James Thomas

secretary · Since 14/08/2023

Persons with Significant Control

Royal Bank Of Canada

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

Royal Bank Plaza, 200 Bay Street, Toronto, M5J 2J5

Reg: Es7ip3u3rhigc71xbu11 · Registry Of Federally Regulated Financial Institutions · Corporate

Notified 10/07/2017

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/12/2022Registered 21/12/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 04/10/2022Registered 18/10/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 04/10/2022Registered 06/10/2022
Charge
outstanding

MEGALITH LIMITED

Created 05/10/2017Registered 11/10/2017
Charge
outstanding

ANOUSKA LIMITED

Created 05/10/2017Registered 10/10/2017
Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 05/10/2017Registered 10/10/2017Satisfied 11/10/2022

CompanyRankvs 7319+ SIC 55100 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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

Outstanding charges: -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 and 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. Our responsibilities and the responsibilities of the directors with respect to going concer

Key FinancialsYear ending 31/12/2021

Turnover

£14.3M

Annual revenue

Net Worth

-£9.0M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£4.7M

Working capital

Current Assets

£34.0M

Current Liabilities

£38.7M

Fixed Assets

£37.3M

Debtors

£34.0M

Cost of Sales

£1.8M

Admin Expenses

£13.5M

Profit After Tax

-£2.2M

441avg. employees+42

People Costs

Wages & salaries£6.9M
NI contributions£513k

Balance Sheet

Intangible assets£35k
Bank loans & overdrafts£6.8M
Assets less current liabilities-£4.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20210.88+£1.1M
20204.13
201911.19

Derived from filed accounts. Not audited figures.