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Forty Hotels Limited

12264536

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

16/18 BEAK STREET, LONDON, W1F 9RD
Incorporated 16/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Miss Inca Lockhart-Ross

secretary · Since 16/10/2019

Mr Paul Patrick Mcgowan

director · Since 16/10/2019

DIRECTOR

IRISH · MONACO · Age 64

Also on 12 other boards

Persons with Significant Control

Mr Paul Patrick Mcgowan

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Irish · Monaco · Age 64

16/18, Beak Street, London, W1F 9RD

Notified 16/10/2019

CompanyRankvs 45061+ SIC 64209 peers
33

Financial strength25th percentile among SIC peers · 6/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity7/15 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.

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

£9

Balance sheet strength

Cash

£45

Cash in the bank

Net Current Assets

-£800k

Working capital

Current Assets

£51

Current Liabilities

£800k

Debtors

£6

0avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.00
20219.59

Derived from filed accounts. Not audited figures.