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Ibericos Etc. (Bluewater) Limited

12253133

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)
  • Current liabilities exceed current assets (-10)

Details

FLAT 1, 161 STATION ROAD, SIDCUP, DA15 7AA
Incorporated 09/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr James Edward Picton

director · Since 01/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 19 other boards

Persons with Significant Control

Tapas Bidco Limited

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

6, Iris Avenue, Bexley, DA5 1HH

Reg: 14761244 · Companies House · Limited Company

Notified 06/04/2023

Former PSCs

Ibericos Etc. Limited

Ceased 18/08/2020

Spanish Restaurant Group Limited

Ceased 06/04/2023

Charges0 outstanding

Charge
satisfied

LIMECOURT FINANCE AND INVESTMENTS LIMITED

Created 18/08/2020Registered 21/08/2020Satisfied 04/05/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2020Registered 10/02/2020Satisfied 06/01/2025

CompanyRankvs 8707+ SIC 56101 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.6× · 6/20
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 strength22/25 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.

Liquidity6/20 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 31/10/2024

Net Worth

£117k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£213k

Working capital

Current Assets

£213k

Current Liabilities

£354k

Fixed Assets

£24k

18avg. employees

Balance Sheet

Assets less current liabilities£237k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60+£262k
20230.45
20220.59
20212.24
20201.22

Derived from filed accounts. Not audited figures.