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Nq64 Arcade Bars Ltd

12008434

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

12 HILTON STREET, MANCHESTER, M1 1JF
Incorporated 21/05/2019

Compliance

Last accounts

28/02/2025

full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 20/05/2025

Due 03/06/2026

On track

Industry

56302
Public houses and bars

Officers

Mr Andrew James Haygarth

director · Since 21/05/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 21 other boards

Mr Matthew William Robson

director · Since 21/05/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 5 other boards

Mr Peter David Mcculloch

director · Since 01/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 16 other boards

Mr Zachary Paul Round

secretary · Since 23/05/2023

Persons with Significant Control

Nq64 Holdings Limited

75–100% shares
75–100% votes

Arch 57, Whitworth Street West, Manchester, M1 5WW

Reg: 12951824 · Companies House · Priviate Limited Company

Notified 01/12/2020

Former PSCs

Mr Andrew James Haygarth

Ceased 01/12/2020

Charges1 outstanding

Charge
outstanding

TC LOANS LIMITED (AS SECURITY TRUSTEE OF THE SECURED PARTIES)

Created 12/08/2022Registered 15/08/2022

CompanyRankvs 21320+ SIC 56302 peers
9

Financial strength0th percentile among SIC peers · 0/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

Employees5/15 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.

Longevity7/15 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

Key FinancialsYear ending 28/02/2025

Turnover

£18.0M

Annual revenue

Net Worth

-£3.2M

Balance sheet strength

Cash

£512k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

-£11.7M

Working capital

Current Assets

£8.8M

Current Liabilities

£20.4M

Fixed Assets

£9.8M

Debtors

£8.1M

Admin Expenses

£11.2M

Operating Profit

£1.5M

Profit After Tax

£926k

2avg. employees-18

People Costs

Wages & salaries£4.9M
NI contributions£467k

Balance Sheet

Intangible assets£641k
Assets less current liabilities-£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43+£743k
20240.63-£1.1M
20230.58-£1.9M
20220.57-£801k
20210.85
20200.98

Derived from filed accounts. Not audited figures.