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Axcel Hospitality (Learmonth) Limited

13071132

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

2ND FLOOR, CROYDON, CR0 2NB
Incorporated 08/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Shamir Patel

director · Since 08/12/2020

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 55

Also on 14 other boards

Mr Sunil Patel

director · Since 08/12/2020

BUSINESSMAN

BRITISH · ENGLAND · Age 58

Also on 12 other boards

Persons with Significant Control

Axcel Group Limited

75–100% shares
75–100% votes
Appoint directors

2nd Floor, 29 Dingwall Road, Croydon

Reg: 07206164 · Companies House · Limited Company

Notified 08/12/2020

Charges3 outstanding

Charge
outstanding

METRO BANK PLC

Created 07/11/2022Registered 10/11/2022
Charge
outstanding

METRO BANK PLC

Created 21/10/2022Registered 28/10/2022
Charge
outstanding

METRO BANK PLC

Created 21/10/2022Registered 25/10/2022

CompanyRankvs 1094+ SIC 55100 peers
65

Financial strength93th percentile among SIC peers · 23/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.5× · 20/20
Longevity6 years trading (max 15) · 6/15
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.

Employees11/15 pts

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

Liquidity20/20 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.

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

£2.5M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.0M

Current Liabilities

£363k

Fixed Assets

£7.0M

Debtors

£53k

Profit After Tax

-£363k

8avg. employees-6

Balance Sheet

Bank loans & overdrafts£69k
Assets less current liabilities£8.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.50+£987k
20235.18-£741k
20221.94
20211.00

Derived from filed accounts. Not audited figures.