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Broadwick Live Limited

11103387

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

ACRE HOUSE, LONDON, NW1 3ER
Incorporated 08/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Simon John Tracey

director · Since 08/12/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 14 other boards

Mr Bradley Jay Thompson

director · Since 15/12/2017

DIRECTOR

AUSTRALIAN · ENGLAND · Age 46

Persons with Significant Control

Broadwick Group Limited

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

Acre House, 11/15 William Road, London, NW1 3ER

Reg: 12136501 · Companies House · Limited By Shares

Notified 11/10/2019

Former PSCs

Cultural Holdings Limited

Ceased 11/10/2019

Broadwick Holdings Limited

Ceased 21/06/2019

Broomco (4312) Limited

Ceased 11/10/2019

Charges4 outstanding

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VENUES I, LLC.

Created 11/10/2019Registered 23/10/2019

CompanyRankvs 1113220+ SIC 82990 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2024

Turnover

£32.2M

Annual revenue

Net Worth

-£1.4M

Balance sheet strength

Cash

£325k

Cash in the bank

Profit Before Tax

-£554k

Bottom line earnings

Net Current Assets

-£4.3M

Working capital

Current Assets

£6.9M

Current Liabilities

£11.1M

Fixed Assets

£2.9M

Debtors

£6.3M

Cost of Sales

£28.9M

Gross Profit

£3.3M

Admin Expenses

£3.8M

Operating Profit

-£500k

Profit After Tax

-£686k

51avg. employees+31

People Costs

Wages & salaries£1.2M
NI contributions£121k

Balance Sheet

Assets less current liabilities-£1.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.62-£686k
20230.79+£916k
20220.63+£1.2M
20210.55-£1.6M
20200.56
20190.86

Derived from filed accounts. Not audited figures.