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Gig Hotels Limited

13346127

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

NENE HOUSE, NORTHAMPTON, NN4 7YB
Incorporated 20/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Manjeet Rai

director · Since 15/05/2026

BRITISH · ENGLAND · Age 65

Also on 20 other boards

Persons with Significant Control

Hallmark Hospitality Limited

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

Juniper House, Sitka Drive, Shrewsbury, SY2 6LG

Reg: 17017679 · Register Of Companies For England And Wales · Private Limited Company

Notified 15/05/2026

Former PSCs

Mulberry Commercial Developments Holdings Limited

Ceased 15/05/2026

Charges2 outstanding

Charge
satisfied

METRO BANK PLC

Created 15/05/2026Registered 20/05/2026Satisfied 28/05/2026
Charge
outstanding

METRO BANK PLC

Created 15/05/2026Registered 20/05/2026
Charge
outstanding

METRO BANK PLC

Created 15/05/2026Registered 20/05/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/12/2022Registered 22/12/2022Satisfied 19/05/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/12/2022Registered 20/12/2022Satisfied 19/05/2026
Charge
satisfied

MULBERRY COMMERCIAL DEVELOPMENTS HOLDINGS LIMITED

Created 02/09/2021Registered 02/09/2021Satisfied 01/10/2023

CompanyRankvs 3799+ SIC 55100 peers
37

Financial strength82th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

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.

Longevity5/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 2.3 Revenue Revenue is recognised when the amounts are earned and can be reasonably estimated. The hotel's revenue from accommodation,

Key FinancialsYear ending 31/03/2025

Net Worth

£362k

Balance sheet strength

Cash

£296k

Cash in the bank

Net Current Assets

-£2.4M

Working capital

Current Assets

£553k

Current Liabilities

£2.9M

Fixed Assets

£5.3M

Debtors

£251k

40avg. employees+3

Tax at Year End

Corp tax£72k

Balance Sheet

Bank loans & overdrafts£120k
Assets less current liabilities£2.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£121k
20240.12+£106k
20230.11+£42k
20220.18

Derived from filed accounts. Not audited figures.