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Drink Art Bar Limited

11139856

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

THE BASEMENT 68-72, NEWCASTLE UPON TYNE, NE1 5JQ
Incorporated 09/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Carl Francis Dawson

director · Since 10/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 16 other boards

Persons with Significant Control

Mr Carl Francis Dawson

Significant control

British · United Kingdom · Age 61

Unit 3a Greys Building, Unit 4 Greys Building, 53 Grey Street, Newcastle Upon Tyne, NE1 6EE

Notified 10/09/2020

Former PSCs

Miss Phoebe Simone Brennan

Ceased 10/09/2020

Mr Daniel Arthur Willcox

Ceased 15/09/2020

CompanyRankvs 9496+ SIC 56302 peers
54

Financial strength83th percentile among SIC peers · 21/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 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.

Longevity8/15 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 31/01/2024

Net Worth

£70k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£5k

Current Liabilities

£9k

Fixed Assets

£102k

1avg. employees

Balance Sheet

Assets less current liabilities£98k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£5k
20230.50+£12k
20220.59+£17k
20210.41+£29k
20200.14+£41k
20190.13

Derived from filed accounts. Not audited figures.