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Performancebar Limited

08264187

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

550 VALLEY RD, NOTTINGHAM, NG5 1JJ
Incorporated 23/10/2012

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

56302
Public houses and bars

Officers

Mr Himesh Kirit Patel

director · Since 08/01/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Himesh Kirit Patel

75–100% shares
75–100% votes
Appoint directors

British · England · Age 46

550, Valley Rd, Nottingham, NG5 1JJ

Notified 23/10/2016

CompanyRankvs 9847+ SIC 56302 peers
54

Financial strength19th percentile among SIC peers · 5/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£27k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£27k

Current Liabilities

£54k

Fixed Assets

£26k

25avg. employees-5

Tax at Year End

VAT£2k

Director Loans

Company owes directors£6k

Balance Sheet

Assets less current liabilities-£773
Signed by Mr H K Patel 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.50-£68k£39k
20241.96-£16k£113k
20231.81-£3k£440k
20221.58+£36k£465k
20211.34+£1k
20201.68
20191.08
20180.84

Derived from filed accounts. Not audited figures.