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Yate 2 Ltd

12606970

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE OLD DAIRY, ASHTON HILL FARM WESTON ROAD, BRISTOL, BS8 3US
Incorporated 18/05/2020

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/05/2025

Due 31/05/2026

Overdue

Industry

41202
Construction of domestic buildings

Officers

Mr Sam Litt

director · Since 18/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 10 other boards

Persons with Significant Control

Litt Holdings Ultimate Company Limited

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

Albion Dockside Building, Hanover Place, Bristol, BS1 6UT

Reg: 12604276 · Companies House · Limited

Notified 18/05/2020

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 15/10/2021Registered 18/10/2021Satisfied 29/11/2023
Charge
satisfied

LLOYDS BANK PLC

Created 13/10/2021Registered 15/10/2021Satisfied 25/07/2022

CompanyRankvs 57071+ SIC 41202 peers
31

Financial strength12th percentile among SIC peers · 3/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Longevity6/15 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

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£127

Current Liabilities

£7k

1avg. employees
Signed by 12606970 2024-01-01 2024-12-31 12606970 2024-12-31 12606970 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£274
20230.00-£1k
20219317.44

Derived from filed accounts. Not audited figures.