Party Ace Limited
09025773
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/12/2014
FINANCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 3 other boards
director · Since 30/03/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 8 other boards
Persons with Significant Control
Mr Paul Anthony O'Brien
British · England · Age 68
20 Havelock Road, Hastings, TN34 1BP
Notified 20/02/2017
Mr Keith Omar Ferguson
British · England · Age 40
20 Havelock Road, Hastings, TN34 1BP
Notified 20/04/2017
Mr Tshekedi Alistair Walker
British · United Kingdom · Age 43
20 Havelock Road, Hastings, TN34 1BP
Notified 20/04/2017
CompanyRankvs 8132+ SIC 63120 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. Taxation Taxation for the period comprises current a
Key FinancialsYear ending 31/03/2025
Net Worth
-£235k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£194k
Working capital
Current Assets
—
Current Liabilities
£196k
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | -£65k |
| 2024 | — | -£13k |
| 2023 | — | -£470 |
| 2022 | 0.00 | -£17k |
| 2021 | 0.56 | -£47k |
| 2020 | 0.75 | -£153k |
| 2019 | 0.50 | +£51k |
| 2018 | 0.03 | — |
Derived from filed accounts. Not audited figures.