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Willow Bay Bar Ltd

14537891

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 3, WHITLEY BAY, NE26 2HU
Incorporated 13/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Miss Rebecca Amanda Fairbairn

director · Since 13/12/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Miss Rebecca Amanda Faibairn

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

British · England · Age 35

Unit 3, 305, Whitley Road, Whitley Bay, NE26 2HU

Notified 01/09/2023

Mrs June Fairbairn

25–50% shares
25–50% votes

British · England · Age 65

Unit 3, 305, Whitley Road, Whitley Bay, NE26 2HU

Notified 01/09/2023

Mr Sky Long Le

25–50% shares
25–50% votes

British · England · Age 39

Unit 3, 305, Whitley Road, Whitley Bay, NE26 2HU

Notified 01/09/2023

Former PSCs

Mr Sky Long Le

Ceased 01/09/2023

CompanyRankvs 6155+ SIC 56302 peers
59

Financial strength51th percentile among SIC peers · 13/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.3× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 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.

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

£327

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£17k

Current Liabilities

£5k

Fixed Assets

£41k

4avg. employees+1

Balance Sheet

Assets less current liabilities£52k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20243.30
20231.11

Derived from filed accounts. Not audited figures.