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Barrafina Limited

05845288

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 10 outstanding charges (-10)

Details

THE OLD HALL, OAKHAM, LE15 7PL
Incorporated 13/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Steven David Edgson

secretary · Since 16/06/2006

FINANCIAL DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 58

Also on 29 other boards

Mr Samuel Kinsford Hart

director · Since 16/06/2006

RESTAURANTEUR

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Mr Steven David Edgson

director · Since 16/06/2006

FINANCIAL DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 58

Also on 29 other boards

Mrs Stefa Belitis Hart

director · Since 16/06/2006

INTERIOR DESIGNER

BRITISH · UNITED KINGDOM · Age 77

Also on 6 other boards

Mr Edward George Hart

director · Since 16/06/2006

RESTAURATEUR

BRITISH · ENGLAND · Age 49

Mr Harry Rollo Gabb

director · Since 16/08/2006

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 6 other boards

Honourable William John Cadogan

director · Since 16/08/2006

PROPERTY

BRITISH · ENGLAND · Age 52

Also on 10 other boards

Mr James Harry Hart

director · Since 01/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Ms Caren Ayre Hindmarsh

director · Since 01/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Mr Crispin Somerville

director · Since 01/03/2018

CREATIVE DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Ms Anna Maria Watkins

director · Since 01/07/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Harts Group Limited

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

The Old Market Hall, Market Overton, Oakham, LE15 7PL

Reg: 06494671 · England & Wales · Limited Company

Notified 06/04/2016

Charges10 outstanding

Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 23/02/2023Registered 01/03/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 31/10/2019Registered 06/11/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 25/05/2017Registered 25/05/2017
Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 01/11/2016Registered 01/11/2016
Charge
outstanding

MICHAEL THOMPSON AS TRUSTEES OF THE GLENDOWER SETTLEMENT · MARGARET ANNE GABB · ROGER GABB

Created 21/06/2016Registered 29/06/2016
Charge
outstanding

ROGER GABB, MARGARET ANNE GABB AND MICHAEL THOMPSON AS TRUSTEES OF THE GLENDOWER SETTLEMENT

Created 15/04/2015Registered 20/04/2015
Charge
satisfied

THINCATS LOAN SYNDICATES LIMITED

Created 14/04/2014Registered 14/04/2014Satisfied 17/06/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 04/02/2014Registered 11/02/2014
charge
outstanding

BARCLAYS BANK PLC

Created 27/05/2010Registered 16/06/2010
charge
outstanding

BARCLAYS BANK PLC

Created 15/01/2007Registered 23/01/2007
charge
outstanding

BARCLAYS BANK PLC

Created 09/10/2006Registered 13/10/2006

CompanyRankvs 6569+ SIC 56101 peers
42

Financial strength99th percentile among SIC peers · 25/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.45× · 2/20
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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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.

Employees5/15 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

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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriat

Key FinancialsYear ending 31/07/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£225k

Bottom line earnings

Net Current Assets

-£3.6M

Working capital

Current Assets

£3.0M

Current Liabilities

£6.6M

Fixed Assets

£6.0M

Debtors

£1.6M

Cost of Sales

£3.8M

Gross Profit

£9.6M

Admin Expenses

£9.9M

Profit After Tax

£145k

2avg. employees-174

Tax at Year End

Dividends paid£200k

People Costs

Wages & salaries£4.5M
NI contributions£395k

Balance Sheet

Bank loans & overdrafts£144k
Assets less current liabilities£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£55k
20230.47-£72k
20220.39+£281k
20210.52+£127k
20200.40

Derived from filed accounts. Not audited figures.