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Paradise Ventures 2 Limited

14009076

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT A2 ALEXANDRA CENTRE RETAIL PARK, OLDHAM, OL4 1SA
Incorporated 29/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr James Stephen Fearn

director · Since 25/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Mrs Rachel Joanne Fearn

director · Since 25/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Paradise Consortium Limited

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

Unit 4, Labtec Street, Salford, M27 8SE

Reg: 14003368 · England · Companies Acts

Notified 29/03/2022

Mrs Rachel Joanne Fearn

Significant control

British · England · Age 42

Unit A2, Alexandra Centre Retail Park, Oldham, OL4 1SA

Notified 25/04/2023

Mr James Stephen Fearn

Significant control

British · England · Age 42

Unit A2, Alexandra Centre Retail Park, Oldham, OL4 1SA

Notified 25/04/2023

Former PSCs

Mr Stephen Paul Fearn

Ceased 25/04/2023

Charges1 outstanding

Charge
outstanding

FFE SPV 2 LIMITED (CO. NO. 14833449)

Created 13/06/2024Registered 17/06/2024

CompanyRankvs 6762+ SIC 93290 peers
40

Financial strength55th percentile among SIC peers · 14/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees15/15 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.

Longevity4/15 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 31/03/2025

Net Worth

£2k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

-£564k

Working capital

Current Assets

£202k

Current Liabilities

£766k

Fixed Assets

£1.1M

Debtors

£149k

43avg. employees+13

Balance Sheet

Intangible assets£21k
Assets less current liabilities£586k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26-£177k
20240.53+£190k
20230.69

Derived from filed accounts. Not audited figures.