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Nartas Bar Limited

07024217

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

3 MORLAIS BUILDINGS, MERTHYR TYDFIL, CF47 8UL
Incorporated 20/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes
56290
Other food service activities

Officers

Mr Fernando Freitas

director · Since 20/09/2009

CAFE OWNER

PORTUGUESE · WALES · Age 50

Persons with Significant Control

Mr Fernando Freitas

75–100% shares
75–100% votes

Portuguese · Wales · Age 50

3, Morlais Buildings, Merthyr Tydfil, CF47 8UL

Notified 01/07/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2010Registered 09/12/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/09/2010Registered 10/09/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/06/2010Registered 01/07/2010

CompanyRankvs 763+ SIC 56102 peers
68

Financial strength92th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 13.75× · 20/20
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 strength23/25 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.

Liquidity20/20 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 31/10/2024

Net Worth

£82k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£9k

Current Liabilities

£650

Fixed Assets

£132k

Debtors

£431

2avg. employees

Tax at Year End(2022)

VAT£1k

Director Loans

Company owes directors£58k

Balance Sheet

Assets less current liabilities£140k
Signed by Mr F Freitas 14/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202413.75-£20k
20233.65-£19k
202210.29-£5k£23k
20211.89+£10k£5k
20207.60-£2k£14k
20193.89+£6k
20182.16

Derived from filed accounts. Not audited figures.