Back to search

Kernow The Old Inn Limited

09374055

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)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

C/O EVERETT KING 2ND FLOOR, EXETER, EX1 1PJ
Incorporated 05/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Darren Robert Wills

director · Since 05/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Darren Robert Wills

75–100% shares

British · United Kingdom · Age 49

Unit 1, Brookside Court, Bodmin, PL40 4LN

Notified 05/01/2017

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/08/2018Registered 03/08/2018
Charge
outstanding

NATIONAL WESTMINSTER BANK PL

Created 25/02/2015Registered 10/03/2015

CompanyRankvs 10468+ SIC 56302 peers
38

Financial strength17th percentile among SIC peers · 4/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength4/25 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.

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 31/12/2024

Net Worth

-£37k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£53k

Current Liabilities

£118k

Fixed Assets

£38k

Debtors

£3k

36avg. employees+4

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities-£27k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45+£788
20230.47

Derived from filed accounts. Not audited figures.