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Lounge 21 Limited

14034824

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

SUITE E10, JOSEPH'S WELL, LEEDS, LS3 1AB
Incorporated 08/04/2022

Compliance

Last accounts

30/04/2024

micro entity

Next accounts due

31/01/2026

Overdue

Confirmation statement

Last: 07/04/2024

Due 21/04/2025

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Prashant Barber

director · Since 08/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 6 other boards

Mr Neil Sidhpara

director · Since 08/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 7 other boards

Persons with Significant Control

Mr Prashant Barber

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

Office 102, Greenacres, The Sidings,, Leicester, LE4 3BR

Notified 08/04/2022

Mr Neil Sidhpara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

Office 102, Greenacres, The Sliders, Leicester, LE4 3BR

Notified 08/04/2022

Insolvency History2 cases

creditors voluntary liquidation

Gareth James Lewis (practitioner) · Matthew Russell (practitioner)

members voluntary liquidation16/09/2025

CompanyRankvs 15+ SIC 56101 peers
11

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2024

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£25k

Current Liabilities

£76k

Fixed Assets

£74k

17avg. employees

Balance Sheet

Assets less current liabilities£23k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£56k
20230.71

Derived from filed accounts. Not audited figures.