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Lounge Holidays Ltd

12980289

active
Private Limited Company
wales
Companies House
Health Score
80 / 100

Healthy

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

Details

9 COLLEGE GREEN, TYWYN, LL36 9BS
Incorporated 28/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/11/2025

Due 04/12/2026

On track

Industry

55209
Other holiday and short-stay accommodation

Officers

Mr John Cameron Paterson

director · Since 28/10/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Miss Claire Corbett

director · Since 28/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Miss Claire Corbett

75–100% shares
75–100% votes

British · United Kingdom · Age 42

9 College Green, Tywyn, LL36 9BS

Notified 28/10/2024

Former PSCs

Mr John Cameron Paterson

Ceased 28/10/2024

CompanyRankvs 2374+ SIC 55209 peers
61

Financial strength79th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

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.

Longevity6/15 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 31/10/2025

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£115k

Current Liabilities

£189k

Fixed Assets

£248k

4avg. employees+4

Balance Sheet

Assets less current liabilities£174k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.61

Derived from filed accounts. Not audited figures.