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Glendola Leisure 2 Limited

05994403

active
Private Limited Company
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

364 HIGH STREET, HAYES, UB3 5LF
Incorporated 10/11/2006

Compliance

Last accounts

29/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/11/2025

Due 05/12/2026

On track

Industry

56302
Public houses and bars

Officers

Mr Graeme John Ramsay

director · Since 19/02/2007

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 12 other boards

Mr Alexander Salussolia

director · Since 19/02/2007

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Mr Peter Nicholas Salussolia

director · Since 19/02/2007

CHAIRMAN

BRITISH · ENGLAND · Age 82

Also on 18 other boards

Graeme John Ramsay

secretary · Since 22/10/2008

BRITISH

Also on 16 other boards

Persons with Significant Control

Mr Peter Nicholas Salussolia

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

British · England · Age 82

364, High Street, Hayes, UB3 5LF

Notified 06/04/2016

Glendola Leisure (Holdings) Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

364 High Street, Harlington, Hayes, UB3 5LF

Reg: 04324211 · England · Limited Company

Notified 21/11/2024

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC (AS LENDER)

Created 30/01/2024Registered 05/02/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 15/07/2020Registered 16/07/2020
charge
outstanding

BARCLAYS BANK PLC

Created 24/03/2011Registered 01/04/2011
charge
satisfied

ALLIED IRISH BANKS P.L.C.

Created 21/07/2010Registered 02/08/2010Satisfied 31/03/2011
charge
outstanding

HS1 LIMITED

Created 04/11/2008Registered 07/11/2008
charge
outstanding

USF NOMINEES LIMITED

Created 09/03/2007Registered 15/03/2007

CompanyRankvs 10734+ SIC 56302 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.07× · 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 strength0/25 pts

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

Employees15/15 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

Based on this assessment and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the financial statements. 2.3 Revenue Revenue represents external sales (excluding taxes) of goods and services, net of discounts. Revenue is recognised to the extent

Key FinancialsYear ending 29/03/2025

Net Worth

-£3.8M

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

-£4.0M

Working capital

Current Assets

£297k

Current Liabilities

£4.2M

Fixed Assets

£150k

Debtors

£194k

39avg. employees

Tax at Year End(2021)

Corp tax£227k

People Costs(2024)

Wages & salaries£583k
NI contributions£45k

Balance Sheet

Assets less current liabilities-£3.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£0
20250.07-£257k
20240.08-£73k
20230.11+£25k
20220.10-£185k
20210.20

Derived from filed accounts. Not audited figures.