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Wills Bars And Events Ltd

13662134

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

75 WINNHAM DRIVE, FAREHAM, PO16 8QG
Incorporated 05/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56210
Event catering activities

Officers

Mrs Jessica Emily Owen

director · Since 16/03/2023

MANAGER

BRITISH · ENGLAND · Age 31

Mr William Jon Owen

director · Since 01/06/2023

EVENT MANAGER

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr William Jon Owen

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust

British · England · Age 33

75, Winnham Drive, Fareham, PO16 8QG

Notified 16/03/2023

Former PSCs

Mr William Jon Owen

Ceased 16/03/2023

Mrs Jessica Emily Owen

Ceased 16/03/2023

CompanyRankvs 11283+ SIC 56210 peers
32

Financial strength55th percentile among SIC peers · 14/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/10/2025

Net Worth

£683

Balance sheet strength

Cash

£61

Cash in the bank

Net Current Assets

-£267

Working capital

Current Assets

£362

Current Liabilities

£629

Fixed Assets

£950

Debtors

£301

0avg. employees

Balance Sheet

Assets less current liabilities£683
Signed by Mr W Owen,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.58
20242.19
20232.63
20222.35

Derived from filed accounts. Not audited figures.