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Seasidecabaret Ltd

13771855

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

42A OLD STEINE, BRIGHTON, BN1 1NH
Incorporated 29/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Jay Leo Cooper

director · Since 29/11/2021

BAR PERSON

BRITISH · ENGLAND · Age 32

Mr Michael Joseph Gallagher

director · Since 29/11/2021

BUSINESS PERSON

BRITISH · UNITED KINGDOM · Age 64

Also on 4 other boards

Persons with Significant Control

Mr Michael Joseph Gallagher

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

British · United Kingdom · Age 64

42a, Old Steine, Brighton, BN1 1NH

Notified 29/11/2021

CompanyRankvs 103390+ SIC 56302 peers
48

Financial strength5th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.45× · 20/20
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 strength1/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 30/11/2024

Turnover

£158k

Annual revenue

Net Worth

-£174k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£15k

Current Liabilities

£4k

Fixed Assets

£0

Profit After Tax

-£51k

4avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£11k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20243.45-£52k
20233.33-£194k
20226.19

Derived from filed accounts. Not audited figures.