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Low Lights Tavern Limited

10124369

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

LOW LIGHTS TAVERN, NORTH SHIELDS, NE30 1LL
Incorporated 14/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Gilbert Cameron Boyd

director · Since 14/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mr Daniel Higney

director · Since 14/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Gilbert Cameron Boyd

25–50% shares

British · United Kingdom · Age 60

Low Lights Tavern, Brewhouse Bank, North Shields, NE30 1LL

Notified 10/04/2018

Mr Daniel Higney

25–50% shares

British · United Kingdom · Age 60

Low Lights Tavern, Brewhouse Bank, North Shields, NE30 1LL

Notified 10/04/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/12/2018Registered 09/01/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/09/2018Registered 03/10/2018

CompanyRankvs 1850+ SIC 56302 peers
63

Financial strength90th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

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 31/03/2023

Net Worth

£164k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£148k

Current Liabilities

£132k

Fixed Assets

£151k

Debtors

£3k

17avg. employees

Tax at Year End

Corp tax£33k

Director Loans

Company owes directors£51k

Balance Sheet

Assets less current liabilities£167k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20231.12

Derived from filed accounts. Not audited figures.