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Y7 Hotels Limited

11505602

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

250-262 NORTH PROMENADE, BLACKPOOL, FY1 1SA
Incorporated 08/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Adam James Johnstone

director · Since 08/08/2018

HOTELIER

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Mr David Stephen Johnstone

director · Since 08/08/2018

HOTELIER

BRITISH · UNITED KINGDOM · Age 73

Also on 1 other board

Persons with Significant Control

Mr David Stephen Johnstone

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 73

250-262 North Promenade, Blackpool, FY1 1SA

Notified 08/08/2018

Adam James Johnstone

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 39

250-262 North Promenade, Blackpool, FY1 1SA

Notified 08/08/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 13/11/2019Registered 30/11/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/03/2019Registered 01/03/2019

CompanyRankvs 1408+ SIC 55100 peers
66

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
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 strength23/25 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.

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 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£675k

Working capital

Current Assets

£1.5M

Current Liabilities

£817k

Fixed Assets

£2.4M

Debtors

£276k

60avg. employees-1

Tax at Year End(2022)

Corp tax£98k

Balance Sheet

Intangible assets£0
Assets less current liabilities£3.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.83+£120k
2023-£100k
20222.54+£401k
20212.13+£701k
20201.55

Derived from filed accounts. Not audited figures.