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Prosecco Festival Limited

10818333

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

UNITS 4-5 BYNEA INDUSTRIAL ESTATE, LLANELLI, SA14 9ST
Incorporated 14/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mr Jamie Andrew Rice

director · Since 14/06/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mrs Jessica Gwendoline Rice

director · Since 14/06/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Persons with Significant Control

Mrs Jessica Gwendoline Rice

75–100% shares
75–100% votes

British · United Kingdom · Age 41

Units 4-5, Bynea Industrial Estate, Llanelli, SA14 9ST

Notified 14/06/2017

Former PSCs

Mr Jamie Andrew Rice

Ceased 24/01/2022

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/06/2021Registered 21/06/2021

CompanyRankvs 12843+ SIC 56210 peers
28

Financial strength6th percentile among SIC peers · 2/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.8× · 6/20
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 strength2/25 pts

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

Employees6/15 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.

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 30/06/2024

Net Worth

-£43k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£44k

Current Liabilities

£56k

Fixed Assets

£5k

Debtors

£8k

1avg. employees-1

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities-£6k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£16k
20231.30-£26k
20222.04+£27k
20211.74-£26k
20201.37-£94k
20191.59+£5k
20181.53

Derived from filed accounts. Not audited figures.