Happy Days South West Limited
04802038
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 17/06/2025
Due 01/07/2026
Industry
Officers
director · Since 01/10/2014
OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 20 other boards
director · Since 28/08/2015
DEVELOPMENT DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 20 other boards
director · Since 18/11/2020
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 20 other boards
director · Since 25/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 64 other boards
director · Since 06/10/2023
MERGERS AND ACQUISITION DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 22 other boards
director · Since 01/11/2023
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 22 other boards
Persons with Significant Control
Happy Days Consultancy Limited
Happy Days Nurseries, Chapel Town, Newquay, TR8 5YA
Notified 06/04/2016
Charges2 outstanding
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MAGNET LIMITED
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
CompanyRankvs 1608+ SIC 85100 peers54
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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
Key FinancialsYear ending 31/12/2023
Net Worth
£454k
Balance sheet strength
Cash
£442k
Cash in the bank
Profit Before Tax
-£1.2M
Bottom line earnings
Net Current Assets
-£464k
Working capital
Current Assets
£8.5M
Current Liabilities
£9.0M
Fixed Assets
£1.1M
Debtors
£8.0M
Cost of Sales
£3.6M
Admin Expenses
£1.8M
Profit After Tax
-£1.2M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.95 |
Derived from filed accounts. Not audited figures.