Back to search

Proud Inns (The Falcon) Limited

09601310

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

4 Duxbury Park, Washington, NE38 8BJ
Incorporated 20/05/2015

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 23/04/2025

Due 07/05/2026

Overdue

Industry

56302
Public houses and bars

Officers

Brian Proud

director · Since 20/05/2015

British · United Kingdom · Age 73

Michelle Proud

director · Since 20/05/2015

British · United Kingdom · Age 59

Persons with Significant Control

Mrs Michelle Proud

25–50% shares

British · United Kingdom · Age 59

4 Duxbury Park, Washington, NE38 8BJ

Notified 06/04/2016

Former PSCs

Mr Brian Proud

Ceased 28/07/2024

Change History

statusactive
2026-06-09

Active - Proposal to Strike off

typeltd
2026-06-09

Private Limited Company

address line14 Duxbury Park
2026-06-09

4 DUXBURY PARK

post townWashington
2026-06-09

WASHINGTON

CompanyRankvs 21162+ SIC 56302 peers
32

Financial strength11th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAccounts and CS overdue · 0/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/05/2024

Net Worth

-£68k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£69k

Current Liabilities

£106k

Fixed Assets

£47k

Debtors

£9k

12avg. employees-4

Tax at Year End

VAT£52k

Director Loans

Company owes directors£46k

Balance Sheet

Assets less current liabilities£10k
Signed by Miss Michelle Proud 13/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.65+£36k£1.0M
20230.30

Derived from filed accounts. Not audited figures.