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53 Degrees Bar Ltd

11230463

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

Details

C/O HQ ACCOUNTANCY LTD, 3RD FLOOR, GRANITE BUILDING, LIVERPOOL, L1 6AF
Incorporated 28/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Kevin Paul Midgley

director · Since 28/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 10 other boards

Persons with Significant Control

Mr Kevin Paul Midgley

50–75% shares
50–75% votes

British · England · Age 51

C/O Hq Accountancy Ltd, 3rd Floor,, Granite Building, Liverpool, L1 6AF

Notified 28/02/2018

Mr Rickie Lambert

25–50% shares
25–50% votes

British · England · Age 44

C/O Hq Accountancy Ltd, 3rd Floor,, Granite Building, Liverpool, L1 6AF

Notified 04/11/2019

CompanyRankvs 16943+ SIC 56302 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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1694353 Degrees Bar Ltd
36
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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.

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 29/02/2020

Net Worth

-£266k

Balance sheet strength

Cash

£26

Cash in the bank

Net Current Assets

-£366k

Working capital

Current Assets

£26

Current Liabilities

£366k

Fixed Assets

£104k

9avg. employees-24

Balance Sheet

Assets less current liabilities-£263k
Signed by 2019-03-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20200.00
20190.08

Derived from filed accounts. Not audited figures.