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Dual Bar Limited

08802678

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

THE OFFICE, BORINGDON PARK, 55 PLYMBRIDGE ROAD, PLYMOUTH, PL7 4QG
Incorporated 04/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands
56290
Other food service activities

Officers

Mr Kamalaker Kadari

director · Since 17/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Former PSCs

Mr Evan Neil Williams

Ceased 20/09/2019

Mr Ravi Kumar Pinniboyina

Ceased 28/02/2022

Mr Venkatesh Koukuntla

Ceased 28/02/2022

CompanyRankvs 21372+ SIC 56103 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 31/12/2021

Net Worth

-£377k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

-£413k

Working capital

Current Assets

£108k

Current Liabilities

£521k

Fixed Assets

£71k

Debtors

£42k

16avg. employees+1

Tax at Year End(2018)

VAT£13k

Director Loans(2018)

Company owes directors£302k

Balance Sheet

Bank loans & overdrafts£35k
Assets less current liabilities-£342k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20210.21-£33k
20200.15-£86k
20190.52-£63k
20180.12£262k

Derived from filed accounts. Not audited figures.