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Culture Lounge Limited

12113859

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 18 LITTLE MALGRAVES INDUSTRIAL ESTATE, UPMINSTER, RM14 3TE
Incorporated 19/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Samuel Adewale

director · Since 19/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 4 other boards

Mr Opeyemi Oyewobi

director · Since 01/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Samuel Adewale

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

British · United Kingdom · Age 33

Unit 18, Little Malgraves Industrial Estate, Upminster, RM14 3TE

Notified 19/07/2019

Mr Opeyemi Oyewobi

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

British · United Kingdom · Age 35

Unit 18, Little Malgraves Industrial Estate, Upminster, RM14 3TE

Notified 01/12/2022

CompanyRankvs 6492+ SIC 56101 peers
62

Financial strength90th percentile among SIC peers · 23/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£159k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£135k

Current Liabilities

£108k

Fixed Assets

£196k

Debtors

£23k

2avg. employees

Tax at Year End

VAT£1k

Balance Sheet

Bank loans & overdrafts£63k
Assets less current liabilities£222k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.25+£84k£20k
20240.49+£0£333k
20230.49£333k

Derived from filed accounts. Not audited figures.