−£1.59m
vs Mar 2024Active13723220Private limited companyLondon
NO.42 MARGATE LTD
Significant control: Guest Holdings Ltd (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does No.42 Margate Ltd sell?
Registered activity: Hotels and similar accommodation (SIC 55100). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
NO.42 MARGATE LTD is an active private limited company (company number 13723220) incorporated on 4 November 2021, registered in London. Its registered activity is hotels and similar accommodation (SIC 55100). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£1.59m and cash of £29k, with 54 employees on average. Net assets fell 54% on the prior period (−£1.03m).
Peer position · net assets
By net assets it sits in the bottom quarter of 2,036 comparable companies in London (median £100, upper quartile £79k).
02
Ownership and control
- Guest Holdings Ltd
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 4 November 20214 yrs ago
- Next accounts due
- 31 December 2026in 65 days
- Confirmation statement due
- 18 November 2026in 22 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 55100
- Hotels and similar accommodation
- Accounts type
- Small
- Size band
- MicroCompanies Act thresholds
05
Financials
£29k
−48%vs Mar 2024Not reported
54
+17%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£1.59m | £29k | — | £12.31m | — | — | 54 |
| 31 March 2024 | −£1.03m | £55k | — | £12.10m | — | — | 46 |
Current ratio0.11Current assets ÷ creditors within one year
Cash per employee£529Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-1,586,901 at 31 March 2025
- Net assets down 25% or more on the prior period-53.8% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.11
- Incorporated two to five years agoIncorporated 4 November 2021
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 65 days
- Confirmation statement duein 22 days
- Accounts period endNet liabilities £1.59m · small accounts
- Accounts period endNet liabilities £1.03m · small accounts
- Incorporated
08
Similar companies in London
- KMKH LIMITEDLondon · inc. Nov 2021
- SELSDON ESTATES OP CO LIMITEDLondon · inc. Nov 2021
- DND GROUP LTDLondon · inc. Nov 2021
- EAGLE HILLS LTDLondon · inc. Nov 2021
- STARLINK HOTELS LIMITEDLondon · inc. Nov 2021
- WEST LONDON RESIDENCES LIMITEDLondon · inc. Nov 2021
All companies incorporated on 4 November 2021 · in Nov 2021.
09
Reminders for NO.42 MARGATE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.