Back to search

Duration Brewing Ltd

10709551

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ABBEY FARM, WEST ACRE, PE32 1UA
Incorporated 05/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11010
Distilling, rectifying and blending of spirits
11050
Manufacture of beer
56101
Licensed restaurants
56302
Public houses and bars

Officers

Mr Derek Seth Bates

director · Since 05/04/2017

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 45

Ms Miranda Lilian Hudson

director · Since 05/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Lewis Benedict Sinclair Marten

director · Since 04/10/2018

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Mr Derek Seth Bates

25–50% shares
25–50% votes

American · England · Age 45

Abbey Farm, River Road, King's Lynn, PE32 1UA

Notified 05/04/2017

Ms Miranda Lilian Hudson

25–50% shares
25–50% votes

English · England · Age 50

Abbey Farm, River Road, King's Lynn, PE32 1UA

Notified 05/04/2017

Charges3 outstanding

Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 27/06/2022Registered 27/06/2022
Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 27/06/2022Registered 27/06/2022
Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 22/10/2019Registered 23/10/2019

CompanyRankvs 178+ SIC 11010 peers
54

Financial strength96th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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 30/04/2024

Net Worth

£363k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£301k

Working capital

Current Assets

£222k

Current Liabilities

£523k

Fixed Assets

£997k

Debtors

£107k

10avg. employees-1

Director Loans

Company owes directors£177k

Balance Sheet

Assets less current liabilities£696k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42+£45k
20230.42+£149k
20220.33

Derived from filed accounts. Not audited figures.