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The Lounge Deansgate Ltd

10114460

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

62-70 TETTENHALL ROAD, WOLVERHAMPTON, WV1 4TH
Incorporated 10/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mrs Jaswinder Dhami

director · Since 10/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mrs Jaswinder Dhami

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

British · United Kingdom · Age 57

62-70 Tettenhall Road, Wolverhampton, WV1 4TH

Notified 10/04/2016

CompanyRankvs 9603+ SIC 56102 peers
50

Financial strength30th percentile among SIC peers · 8/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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9603The Lounge Deansgate Ltd
50
How is this score calculated?
Financial strength8/25 pts

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

Employees5/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£707

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£887

Working capital

Current Assets

£41k

Current Liabilities

£40k

Fixed Assets

£765

2avg. employees

Balance Sheet

Assets less current liabilities£887
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.02—
20231.21-£15k
20220.29—

Derived from filed accounts. Not audited figures.