Lounge 16 Ltd
14939575
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/06/2025
micro entity
Next accounts due
31/03/2027
Confirmation statement
Last: 15/06/2026
Due 29/06/2027
Industry
Officers
Persons with Significant Control
Mr Arman Muzzam
British · England · Age 39
16, Park Street, Slough, SL1 1PD
Notified 15/06/2023
Former PSCs
Mr Mohamad Haj Taha
Ceased 15/06/2023
Charges1 outstanding
Tallaght Financial LTD
CompanyRankvs 21508+ SIC 56102 peers21
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
-£957
Current Liabilities
£2k
Fixed Assets
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | -0.57 | +£0 |
| 2025 | -0.57 | — |
| 2024 | 0.54 | — |
Derived from filed accounts. Not audited figures.