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55 Quay Ltd

12244872

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

LOLA JEANS, TYNEMOUTH, NE30 4BS
Incorporated 04/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Paul Sample

director · Since 04/10/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Paul Sample

50–75% shares
75–100% votes
Appoint directors

British · England · Age 44

Lola Jeans, The Arcade, Tynemouth, NE30 4BS

Notified 04/10/2019

CompanyRankvs 12950+ SIC 56302 peers
44

Financial strength28th percentile among SIC peers · 7/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.18× · 2/20
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 strength7/25 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.

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 30/06/2024

Net Worth

-£6k

Balance sheet strength

Cash

-£3k

Cash in the bank

Net Current Assets

-£139k

Working capital

Current Assets

£30k

Current Liabilities

£169k

Fixed Assets

£136k

Debtors

£25k

18avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18+£2k
20230.17
20220.26
20210.50
20201.00

Derived from filed accounts. Not audited figures.