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Londons Best Hostels Ltd

11726712

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

78 KING'S CROSS ROAD, LONDON, WC1X 9QG
Incorporated 14/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Raymond Walter Baxter

director · Since 14/12/2018

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 77

Persons with Significant Control

Mr Raymond Walter Baxter

75–100% shares

British · United Kingdom · Age 77

24, Ben Madigan Heights, Newtownabbey, BT36 7PY

Notified 14/12/2018

Charges4 outstanding

Charge
outstanding

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outstanding

LLOYDS BANK PLC

Created 18/08/2021Registered 23/08/2021
Charge
outstanding

LLOYDS BANK PLC

Created 18/08/2021Registered 23/08/2021

CompanyRankvs 5295+ SIC 55100 peers
44

Financial strength9th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.99× · 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 strength2/25 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.

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

-£144k

Balance sheet strength

Cash

£168k

Cash in the bank

Net Current Assets

£161k

Working capital

Current Assets

£266k

Current Liabilities

£134k

Fixed Assets

£267k

Debtors

£90k

21avg. employees

Balance Sheet

Assets less current liabilities£429k
Signed by 11726712 2024-01-01 2024-12-31 11726712 2024-12-31 11726712 bus:OrdinaryShareClass1 2024-12-31 11726712 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.99+£101k
20235.12
20221.46
20210.24
20200.43-£178k
20191.25

Derived from filed accounts. Not audited figures.