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Explorers Eateries Ltd

14819596

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

41 BARTON COURT AVENUE, NEW MILTON, BH25 7ES
Incorporated 21/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands
56210
Event catering activities

Officers

Mr Joseph Stephen John William Fullwood

director · Since 21/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Daniel John Murrell

director · Since 21/04/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Joseph Stephen John William Fullwood

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

British · England · Age 36

41, Barton Court Avenue, New Milton, BH25 7ES

Notified 21/04/2023

Mr Daniel John Murrell

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

British · United Kingdom · Age 39

41, Barton Court Avenue, New Milton, BH25 7ES

Notified 21/04/2023

CompanyRankvs 12162+ SIC 56102 peers
45

Financial strength92th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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12162Explorers Eateries Ltd
45
How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 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.

Longevity3/15 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 30/04/2025

Net Worth

£86k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£19k

Current Liabilities

£58k

Fixed Assets

£125k

0avg. employees

Balance Sheet

Assets less current liabilities£86k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.32+£0
20250.32-£45k
2024Infinity—

Derived from filed accounts. Not audited figures.