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Hy Two Ltd

11417438

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HY HOTEL, LYTHAM ST ANNES, FY8 2PB
Incorporated 15/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Daniell Leslie Howarth Yates

director · Since 15/06/2018

HOTELIER

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Yates Capital Ltd

75–100% shares
75–100% votes

Hy Hotel, 318 -328 Clifton Drive North, Lytham St Annes, FY8 2PB

Reg: 12121685 · England & Wales · Limited Company

Notified 23/11/2019

Charges1 outstanding

Charge
outstanding

REWARD CAPITAL LIMITED

Created 27/05/2022Registered 30/05/2022
Charge
satisfied

ARBUTHNOT SPECIALIST FINANCE LIMITED

Created 25/10/2019Registered 11/11/2019Satisfied 07/05/2020

CompanyRankvs 7503+ SIC 55100 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

Longevity8/15 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 29/11/2025

Net Worth

-£443k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£581k

Working capital

Current Assets

£1.4M

Current Liabilities

£2.0M

Fixed Assets

£142k

Debtors

£1.4M

22avg. employees+4

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities-£439k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71-£480k
20240.94+£31k
20230.97-£97k
20222.85-£119k
202124.68

Derived from filed accounts. Not audited figures.