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Destination9 Ltd

14530580

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

56 LEMAN STREET, LONDON, E1 8EU
Incorporated 08/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Christian Pecoraro

director · Since 08/12/2022

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 40

Mr Florian Schulze

director · Since 08/12/2022

DIRECTOR

GERMAN · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Christian Pecoraro

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

Italian · United Kingdom · Age 40

56, Leman Street, London, E1 8EU

Notified 08/12/2022

Mr Florian Schulze

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

German · England · Age 53

56, Leman Street, London, E1 8EU

Notified 09/12/2022

CompanyRankvs 22038+ SIC 56302 peers
29

Financial strength6th percentile among SIC peers · 2/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio -0.1× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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22038Destination9 Ltd
28
How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£134k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

-£1k

Current Liabilities

£13k

Fixed Assets

£69k

3avg. employees+3

Balance Sheet

Assets less current liabilities£54k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.10-£3k
20230.17—

Derived from filed accounts. Not audited figures.