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Paradise Bar Ltd

12355489

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

OLD CROWN, WEST BROMWICH, B70 8TG
Incorporated 09/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mrs Pansy Jean Guy

director · Since 09/12/2019

MANAGER

JAMAICAN · UNITED KINGDOM · Age 64

Persons with Significant Control

Mrs Pansy Jean Guy

Significant control

Jamaican · England · Age 64

Old Crown, 56 Sandwell Road, West Bromwich, B70 8TG

Notified 23/02/2026

Former PSCs

Mrs Pansy Jean Guy

Ceased 22/02/2026

CompanyRankvs 17779+ SIC 56302 peers
35

Financial strength26th percentile among SIC peers · 7/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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17779Paradise Bar Ltd
34
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.

Employees4/15 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 31/12/2024

Net Worth

-£10k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£7

Current Liabilities

£10k

1avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£4k
20230.01—

Derived from filed accounts. Not audited figures.