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Barrier Reef Limited

13519571

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

HIGHFIELD HOUSE PRINCESS MARGARET AVENUE, LINCOLN, LN4 3DA
Incorporated 20/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47230
Retail sale of fish, crustaceans and molluscs in specialised stores

Officers

Mr Ciji Jacob

director · Since 20/07/2021

POSTAL WORKER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mrs Sreethika Jayasankar

director · Since 20/07/2021

DIRECTOR

INDIAN · ENGLAND · Age 44

Persons with Significant Control

Former PSCs

Mrs Shiny Joseph

Ceased 04/07/2022

Mr Ciji Jacob

Ceased 04/07/2022

Mrs Sreethika Jayasankar

Ceased 18/02/2023

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/12/2021Registered 22/12/2021

CompanyRankvs 1059+ SIC 47230 peers
19

Financial strength4th percentile among SIC peers · 1/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.04× · 2/20
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.

Employees6/15 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.

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 31/07/2025

Net Worth

-£79k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£212k

Working capital

Current Assets

£8k

Current Liabilities

£221k

Fixed Assets

£318k

2avg. employees

Tax at Year End

VAT£7k

Balance Sheet

Intangible assets£51k
Bank loans & overdrafts£185k
Assets less current liabilities£106k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.04-£14k£133k
20240.02-£20k£122k
20230.03-£22k£106k
20220.08£116k

Derived from filed accounts. Not audited figures.