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Volare Boldon Limited

10846455

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

2 ST. BEDES, EAST BOLDON, NE36 0LE
Incorporated 03/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Antonio Catone

director · Since 03/07/2017

MANAGER

ITALIAN · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Antonio Catone

75–100% shares
75–100% votes

Italian · United Kingdom · Age 56

2, St. Bedes, East Boldon, NE36 0LE

Notified 03/07/2017

CompanyRankvs 20442+ SIC 56101 peers
38

Financial strength13th percentile among SIC peers · 3/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£56k

Balance sheet strength

Cash

£493

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£1k

Current Liabilities

£79k

Fixed Assets

£21k

Debtors

£2k

8avg. employees+1

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities-£56k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£270
20230.07

Derived from filed accounts. Not audited figures.