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Best Experience Limited

08241338

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

1ST FLOOR WATERFRONT ONE, BRIERLEY HILL, DY5 1LX
Incorporated 05/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Paul Pearson

director · Since 05/10/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Paul Pearson

75–100% shares

British · England · Age 59

1st Floor Waterfront One, Waterfront Business Park, Brierley Hill, DY5 1LX

Notified 01/10/2016

CompanyRankvs 535+ SIC 56102 peers
75

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£15.3M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Profit Before Tax

£199k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.5M

Fixed Assets

£1.1M

Debtors

£187k

Cost of Sales

£5.1M

Gross Profit

£10.2M

Admin Expenses

£10.1M

Operating Profit

£137k

Profit After Tax

£140k

400avg. employees-19

Tax at Year End

Corp tax£97k
Dividends paid£95k

People Costs

Wages & salaries£4.1M
NI contributions£195k

Balance Sheet

Intangible assets£80k
Assets less current liabilities£2.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.73+£26k
20231.57+£120k
20221.31+£99k
20211.11+£967k
20200.55

Derived from filed accounts. Not audited figures.