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Project Star Bidco Limited

13743067

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

BRAMAH HOUSE, LONDON, SE1 3XF
Incorporated 15/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Christopher Harris Grakal

director · Since 13/12/2021

CEO

AMERICAN · UNITED KINGDOM · Age 59

Also on 3 other boards

Mr Arthur Thomas Ralph Wilson

director · Since 14/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Andrew Derek Ball

director · Since 10/06/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Richard Sanders

director · Since 07/12/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Persons with Significant Control

Project Star Topco Limited

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

13th Floor, Number One Spinningfields, 1 Hardman Square, Manchester, M3 3EB

Reg: 13742930 · Companies House · Limited By Shares

Notified 15/11/2021

Charges4 outstanding

Charge
outstanding

NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE

Created 30/01/2025Registered 03/02/2025
Charge
outstanding

NORTHEDGE CAPITAL LLP (AS SECURITY TRUSTEE)

Created 17/11/2023Registered 22/11/2023
Charge
outstanding

NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE

Created 13/12/2021Registered 15/12/2021
Charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 13/12/2021Registered 14/12/2021

CompanyRankvs 57210+ SIC 64209 peers
9

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 30/09/2025

Net Worth

-£5.8M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£1.7M

Bottom line earnings

Net Current Assets

-£406k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.2M

Fixed Assets

£16.1M

Debtors

£1.8M

Admin Expenses

£247k

Operating Profit

-£74k

Profit After Tax

-£1.8M

0avg. employees

People Costs

Wages & salaries£10k
NI contributions£763

Balance Sheet

Bank loans & overdrafts£525k
Assets less current liabilities£15.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82+£0
20250.82-£4.1M
20220.61

Derived from filed accounts. Not audited figures.