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Glendola Irish Bars Limited

02926822

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

364 HIGH STREET, HAYES, UB3 5LF
Incorporated 06/05/1994

Compliance

Last accounts

29/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/11/2025

Due 16/11/2026

On track

Industry

56302
Public houses and bars

Officers

Mr Alexander Salussolia

director · Since 17/03/1995

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Mr Peter Nicholas Salussolia

director · Since 17/03/1995

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 18 other boards

Graeme John Ramsay

secretary · Since 22/10/2008

BRITISH

Also on 16 other boards

Mr Graeme John Ramsay

director · Since 07/09/2009

CHARTERED ACCOUNT

BRITISH · ENGLAND · Age 59

Also on 12 other boards

Persons with Significant Control

Mr Peter Nicholas Salussolia

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

British · England · Age 82

364, High Street, Hayes, UB3 5LF

Notified 06/04/2016

Glendola Leisure (Holdings) Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

364 High Street, Harlington, Hayes, UB3 5LF

Reg: 04324211 · England · Limited Company

Notified 02/11/2024

Charges7 outstanding

Charge
outstanding

BARCLAYS BANK PLC (AS LENDER)

Created 30/01/2024Registered 05/02/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 15/07/2020Registered 16/07/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 31/07/2015Registered 06/08/2015
charge
outstanding

BARCLAYS BANK PLC

Created 14/05/2012Registered 17/05/2012
charge
outstanding

BARCLAYS BANK PLC

Created 24/03/2011Registered 01/04/2011
charge
outstanding

BARCLAYS BANK PLC

Created 24/03/2011Registered 01/04/2011
charge
outstanding

TAEL S.A.R.L

Created 24/08/2009Registered 27/08/2009
charge
satisfied

ALLIED IRISH BANKS, P.L.C.

Created 05/12/2008Registered 12/12/2008Satisfied 31/03/2011
charge
satisfied

ALLIED IRISH BANK PLC

Created 11/08/2004Registered 17/08/2004Satisfied 31/03/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/09/1998Registered 29/09/1998Satisfied 09/12/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/06/1997Registered 03/07/1997Satisfied 09/12/2004

CompanyRankvs 463+ SIC 56302 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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463Glendola Irish Bars Limited
82
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity15/15 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 this assessment 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 financial statements. 2.3 Revenue Revenue represents external sales (excluding taxes) of goods and services, net of discounts. Revenue is recognised to the extent

Key FinancialsYear ending 29/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£173k

Cash in the bank

Net Current Assets

£790k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.5M

Fixed Assets

£230k

Debtors

£2.0M

55avg. employees

Tax at Year End

Corp tax£895k

People Costs(2024)

Wages & salaries£874k
NI contributions£68k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.54+£0
20251.54-£436k
20242.01-£1.2M
20233.39+£843k
20223.37+£1.0M
20213.57—

Derived from filed accounts. Not audited figures.