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Open House London Limited

08511795

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

101 NEW CAVENDISH STREET, LONDON, W1W 6XH
Incorporated 01/05/2013

Compliance

Last accounts

31/12/2024

full

Next accounts due

28/09/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

56101
Licensed restaurants
56302
Public houses and bars

Officers

Mr Barry Anthony Hirst

director · Since 01/05/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 22 other boards

Mr Ankur Wishart

director · Since 23/09/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Alexander Rupert West

director · Since 13/02/2019

PRIVATE EQUITY INVESTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Persons with Significant Control

Mr Barry Anthony Hirst

25–50% votes

British · United Kingdom · Age 57

101, New Cavendish Street, London, W1W 6XH

Notified 06/04/2016

Puma Vct 13 Plc

25–50% shares

14, Bond Street House, London, W1S 4JU

Reg: 10376236 · England And Wales · Plc

Notified 13/02/2019

Pershing Nominees Limited A/C Qkclt

25–50% shares

Royal Liver Building, Pier Head, Liverpool, L3 1LL

Reg: 02079368 · Register Of Companies · Limited Company

Notified 25/01/2022

Mr Ankur Wishart

25–50% shares

British · England · Age 43

101, New Cavendish Street, London, W1W 6XH

Notified 14/02/2023

Former PSCs

Reyker Securities Plc

Ceased 25/01/2022

Charges1 outstanding

Charge
satisfied

COUTTS & COMPANY

Created 08/03/2019Registered 12/03/2019Satisfied 06/03/2024
Charge
outstanding

COUTTS & COMPANY

Created 16/09/2014Registered 20/09/2014

CompanyRankvs 224060+ SIC 56101 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity13 years trading (max 15) · 13/15
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.

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.

Longevity13/15 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 We draw attention to note 2.2 in the financial statements, which indicates that a new refinancing agreement with the bank containing revised financial covenants was entered into by the C

Key FinancialsYear ending 31/12/2022

Turnover

£12.0M

Annual revenue

Net Worth

-£4.4M

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

-£3.5M

Bottom line earnings

Net Current Assets

-£3.2M

Working capital

Current Assets

£3.3M

Current Liabilities

£6.5M

Fixed Assets

£5.7M

Debtors

£3.0M

Cost of Sales

£10.1M

Gross Profit

£1.9M

Admin Expenses

£5.2M

Operating Profit

-£3.3M

Profit After Tax

-£3.5M

223avg. employees+59

People Costs

Wages & salaries£5.5M
NI contributions£269k

Balance Sheet

Bank loans & overdrafts£952k
Assets less current liabilities£2.4M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20220.50-£3.5M
20210.89-£1.5M
20202.94

Derived from filed accounts. Not audited figures.