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Indes Bar Limited

09225159

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

11-12 HALLMARK TRADING CENTRE, WEMBLEY, HA9 0LB
Incorporated 18/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Savan Hemendra Patel

director · Since 18/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Savan Hemendra Patel

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 42

11-12 Hallmark Trading Centre, Fourth Way, Wembley, HA9 0LB

Notified 19/09/2016

Former PSCs

Mrs Sandhya Patel

Ceased 01/10/2021

Charges2 outstanding

Charge
outstanding

NUCLEUS CASH FLOW FINANCE6 LIMITED

Created 03/12/2025Registered 22/12/2025
Charge
outstanding

HSBC UK BANK PLC

Created 15/11/2024Registered 18/11/2024

CompanyRankvs 2953+ SIC 56302 peers
49

Financial strength69th percentile among SIC peers · 17/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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2953Indes Bar Limited
68
How is this score calculated?
Financial strength17/25 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.

Liquidity12/20 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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

£17k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£132k

Working capital

Current Assets

£529k

Current Liabilities

£397k

Fixed Assets

£194k

Debtors

£400k

17avg. employees+5

Balance Sheet

Assets less current liabilities£326k
Signed by Mr Savan Patel 4 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33+£11k
20231.34—

Derived from filed accounts. Not audited figures.