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The New Wheel Inn Limited

13173757

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

TAGUS HOUSE, SOUTHAMPTON, SO14 3TJ
Incorporated 02/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr John Penrhyn Pyatt

director · Since 02/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Jp Group Enterprises Limited

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

Tagus House, 9 Ocean Way, Southampton, SO14 3TJ

Reg: 12752855 · England · Limited

Notified 02/02/2021

CompanyRankvs 17141+ SIC 56302 peers
36

Financial strength10th percentile among SIC peers · 3/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity5 years trading (max 15) · 5/15
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.

Employees11/15 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.

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.

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

Key FinancialsYear ending 31/12/2022

Net Worth

-£82k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£98k

Working capital

Current Assets

£50k

Current Liabilities

£147k

Fixed Assets

£18k

Debtors

£37k

10avg. employees

Balance Sheet

Assets less current liabilities-£80k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.34-£86k
20210.70

Derived from filed accounts. Not audited figures.