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Chapel Ltd

11499079

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

BETHESDA CHAPEL, LLANWRTYD WELLS, LD5 4SS
Incorporated 03/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts
91030
Operation of historical sites and buildings and similar visitor attractions

Officers

Mr Irfon Weaver Watkins

director · Since 03/08/2018

COMPANY DIRECTOR

WELSH · ENGLAND · Age 61

Also on 1 other board

Mr Ian John Matthews

director · Since 02/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Irfon Weaver Watkins

50–75% shares
50–75% votes

Welsh · England · Age 61

Bethesda Chapel, Victoria Square, Llanwrtyd Wells, LD5 4SS

Notified 05/05/2021

Mr Ian John Matthews

25–50% shares
25–50% votes

British · England · Age 55

Bethesda Chapel, Victoria Square, Llanwrtyd Wells, LD5 4SS

Notified 05/05/2021

CompanyRankvs 9451+ SIC 90010 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength0/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/08/2024

Net Worth

-£433k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£377k

Working capital

Current Assets

£1.3M

Current Liabilities

£947k

Fixed Assets

£98k

1avg. employees

Balance Sheet

Assets less current liabilities£475k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40-£132k
20232.26-£103k
202211.23-£195k
20210.63+£619
20200.86-£59k

Derived from filed accounts. Not audited figures.