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Ldn Bars Ltd

13154384

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

82A JAMES CARTER ROAD, MILDENHALL, IP28 7DE
Incorporated 25/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Jonathan Bas

director · Since 25/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 6 other boards

Persons with Significant Control

Mr Jonathan Bas

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

British · United Kingdom · Age 43

C/O Psb Accountants, Jubilee House, London, NW9 8TZ

Notified 25/01/2021

Former PSCs

Mr Jacque Narcisse Brennan

Ceased 31/08/2024

Mr Luke Stylianou

Ceased 01/10/2021

Charges4 outstanding

Charge
outstanding

LONDON COCKTAIL BARS LIMITED (IN ADMINISTRATION)

Created 14/10/2024Registered 14/10/2024
Charge
outstanding

FIRST MERCHANT FINANCE PLC

Created 17/09/2024Registered 23/09/2024
Charge
outstanding

FIRST MERCHANT FINANCE PLC

Created 17/09/2024Registered 23/09/2024
Charge
outstanding

FIRST MERCHANT FINANCE PLC

Created 17/09/2024Registered 18/09/2024

CompanyRankvs 11993+ SIC 56302 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.75× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£157k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£473k

Working capital

Current Assets

£743k

Current Liabilities

£270k

Debtors

£738k

1avg. employees

Tax at Year End(2024)

Corp tax£159

Balance Sheet

Assets less current liabilities£473k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20252.75+£0
20252.75
20241.07

Derived from filed accounts. Not audited figures.