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Nvb (North East) Limited

05288364

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD POST OFFICE, NORTH SHIELDS, NE30 1AY
Incorporated 16/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Nathan Vincent Bulch

director · Since 16/11/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mrs Joanne Bulch

director · Since 01/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Nathan Vincent Bulch

75–100% shares

British · United Kingdom · Age 51

The Old Post Office, 63 Saville Street, North Shields, NE30 1AY

Notified 01/07/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/01/2005Registered 03/02/2005

CompanyRankvs 16893+ SIC 56101 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/04/2024

Net Worth

-£167k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£165k

Working capital

Current Assets

£15k

Current Liabilities

£179k

Fixed Assets

£2k

Debtors

£120

8avg. employees

Director Loans

Company owes directors£28k

Balance Sheet

Assets less current liabilities-£162k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£12k
20230.07-£24k
20220.06-£6k
20210.09

Derived from filed accounts. Not audited figures.