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Tower Bars Ltd

14334765

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 04/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr William Jon Owen

director · Since 04/09/2022

GENERAL MANAGER

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr William Jon Owen

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

British · England · Age 33

75, Winnham Drive, Fareham, PO16 8QG

Notified 04/09/2022

CompanyRankvs 4813+ SIC 56302 peers
53

Financial strength69th percentile among SIC peers · 17/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.98× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength17/25 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.

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

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 30/09/2025

Net Worth

£17k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£15k

Current Liabilities

£5k

Fixed Assets

£7k

Debtors

£18

4avg. employees-3

Balance Sheet

Assets less current liabilities£17k
Signed by Mr W Owen,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.98
20243.51
20233.44

Derived from filed accounts. Not audited figures.