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Why Not Management Ltd

11445187

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

THE WHY NOT INN 55 THE RIDGEWAY, REDDITCH, B96 6LU
Incorporated 03/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56102
Unlicensed restaurants and cafes
56210
Event catering activities
56302
Public houses and bars

Officers

Mrs Sarah Louise Pert

director · Since 03/07/2018

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Mr Andrew Philip Taylor

director · Since 03/07/2018

GENERAL MANAGER

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mrs Sarah Louise Pert

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

The Why Not Inn, 55 The Ridgeway, Redditch, B96 6LU

Notified 03/07/2018

Mr Andrew Philip Taylor

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

50, Hill Top Road, Birmingham, B31 5AP

Notified 03/07/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/07/2019Registered 10/07/2019

CompanyRankvs 19810+ SIC 56101 peers
30

Financial strength6th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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19810Why Not Management Ltd
39
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.

Employees13/15 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.

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 31/12/2024

Net Worth

-£164k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£277k

Working capital

Current Assets

£19k

Current Liabilities

£298k

Fixed Assets

£167k

22avg. employees

Balance Sheet

Assets less current liabilities-£110k
Signed by 11445187 2024-01-01 2024-12-31 11445187 2024-12-31 11445187 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£167k
20230.41-£63k
20220.69-£24k
20211.31—

Derived from filed accounts. Not audited figures.