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Bar 2080 Limited

05035430

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

RECOVERY HOUSE HAINAULT BUSINESS PARK, ILFORD, IG6 3TU
Incorporated 05/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Kenneth James Taylor

director · Since 20/01/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 35 other boards

CompanyRankvs 15+ SIC 70229 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

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

Going Concern Doubt

in the future is contingent on events of which the outcome is uncertain. Accordingly, there is a material uncertainty that may cast significant doubt over the Company’s ability to continue as a going concern. On the basis of the current information the Director believes that it remains appropriate to prepare the financial statements on a going concern basis. The financial statements do not include

Key FinancialsYear ending 31/03/2023

Net Worth

£22k

Balance sheet strength

Cash

£628k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.5M

Debtors

£976k

194avg. employees+166

People Costs(2020)

Wages & salaries£1.1M
NI contributions£129k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.04-£42k
20211.07
20201.01

Derived from filed accounts. Not audited figures.