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Hac Venue Ltd

10637529

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

VILLAGE UNDERGROUND, LONDON, EC2A 3PQ
Incorporated 24/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts
90020
Support activities to performing arts
90030
Artistic creation
90040
Operation of arts facilities

Officers

Mr Auro Thomas Foxcroft

director · Since 24/02/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Hac Group Ltd

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

Village Underground Ltd, 54 Holywell Lane, London, EC2A 3PQ

Reg: 11016621 · United Kingdom (England And Wales) · Limited Liability Company

Notified 31/10/2017

Former PSCs

Village Underground Holdings Ltd

Ceased 31/10/2017

Charges1 outstanding

Charge
outstanding

BIG ISSUE INVEST LIMITED AS THE SECURED LENDER

Created 10/03/2025Registered 19/03/2025
Charge
satisfied

TRIODOS BANK NV

Created 03/11/2017Registered 06/11/2017Satisfied 14/05/2025

CompanyRankvs 14626+ SIC 90010 peers
18

Financial strength1th percentile among SIC peers · 0/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 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.

Longevity9/15 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 30/09/2023

Net Worth

-£1.6M

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

-£3.4M

Working capital

Current Assets

£149k

Current Liabilities

£3.5M

Fixed Assets

£1.9M

Debtors

£75k

0avg. employees

Balance Sheet

Intangible assets£1k
Assets less current liabilities-£1.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.04-£212k
20220.04
20210.02
20200.02
20190.10
20180.04

Derived from filed accounts. Not audited figures.