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Bar 53 Ltd

08840536

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8 AXIS COURT MALLARD WAY, SWANSEA, SA7 0AJ
Incorporated 10/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Sililo Victor Martens

director · Since 10/01/2014

DIRECTOR

NEW ZEALANDER · UNITED KINGDOM · Age 49

Also on 12 other boards

Mr Noah Redfern

director · Since 10/01/2014

DIRECTOR

BRITISH · WALES · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Sililo Victor Martens

25–50% shares

New Zealander · United Kingdom · Age 49

8 Axis Court, Mallard Way, Swansea, SA7 0AJ

Notified 06/04/2016

CompanyRankvs 1475+ SIC 56302 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 8.38× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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90
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90
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1475Bar 53 Ltd
75
How is this score calculated?
Financial strength24/25 pts

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

Employees4/15 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.

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 31/01/2025

Net Worth

£290k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£280k

Working capital

Current Assets

£318k

Current Liabilities

£38k

Fixed Assets

£14k

Debtors

£236k

1avg. employees-1

Tax at Year End

Corp tax£4k
VAT£15k

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities£294k
Signed by Mr S V Martens 10 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20258.38+£12k£308k
20245.25+£45k£445k
20233.91—£419k

Derived from filed accounts. Not audited figures.