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Fifty Five (Newcastle) Limited

08874741

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

LOLA JEANS THE ARCADE, NORTH SHIELDS, NE30 4BS
Incorporated 04/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Paul Sample

director · Since 01/04/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mrs Lindsey Sample

director · Since 31/01/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Paul Sample

25–50% shares

British · United Kingdom · Age 44

Lola Jeans, The Arcade, North Shields, NE30 4BS

Notified 06/04/2016

Lindsay Sample

25–50% shares

British · United Kingdom · Age 40

Lola Jeans, The Arcade, North Shields, NE30 4BS

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 26/05/2014Registered 16/06/2014

CompanyRankvs 3835+ SIC 56302 peers
55

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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.

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/06/2024

Net Worth

£163k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£152k

Working capital

Current Assets

£77k

Current Liabilities

£228k

Fixed Assets

£314k

Debtors

£25k

18avg. employees

Tax at Year End(2021)

Corp tax£18k

Balance Sheet

Assets less current liabilities£163k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.34+£34k
20230.43+£64k
20220.24
20210.66
20200.55
20190.32
20180.20

Derived from filed accounts. Not audited figures.