Teen Spirit Limited
03048036
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/01/2024
full
Next accounts due
31/07/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
Former
director · Resigned 03/10/2017
Mr Scott Sinclair
director · Resigned 23/07/2026
Persons with Significant Control
Teen Spirit Holdings Ltd
The Tower Cinema, 111 Lumley Road, Skegness, PE25 3LZ
Reg: 16017891 · Companies House · Company Limited By Shares
Notified 29/10/2024
Former PSCs
Mr Walter Sheeran
Ceased 29/10/2024
Mrs Sally Jane Sheeran
Ceased 29/10/2024
Charges4 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
Change History
Active
Private Limited Company
THE TOWER CINEMA
SKEGNESS
CompanyRankvs 1894+ SIC 93290 peers56
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/07/2025
Turnover
£9.4M
Annual revenue
Net Worth
£2.0M
Balance sheet strength
Cash
£303k
Cash in the bank
Profit Before Tax
£5.6M
Bottom line earnings
Net Current Assets
-£491k
Working capital
Current Assets
£1.5M
Current Liabilities
£2.0M
Fixed Assets
£5.3M
Debtors
£1.1M
Cost of Sales
£4.0M
Gross Profit
£5.4M
Admin Expenses
£4.4M
Operating Profit
£1.3M
Profit After Tax
£5.5M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.76 | -£3.8M |
| 2024 | 1.49 | +£438k |
| 2023 | 2.23 | — |
Derived from filed accounts. Not audited figures.