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Migration Bars Limited

15933914

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

13-15 CASTLE GATE, NEWARK, NG24 1AZ
Incorporated 03/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Joe Thornton-Ford

director · Since 03/09/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Joe Thornton-Ford

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

British · England · Age 30

13-15, Castle Gate, Newark, NG24 1AZ

Notified 03/09/2024

Former PSCs

Miss Janine Ann Thompson

Ceased 22/12/2025

CompanyRankvs 20623+ SIC 56302 peers
31

Financial strength32th percentile among SIC peers · 8/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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20623Migration Bars Limited
30
How is this score calculated?
Financial strength8/25 pts

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

Employees4/15 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.

Longevity2/15 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 30/09/2025

Net Worth

-£771

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£12k

Current Liabilities

£38k

Fixed Assets

£25k

1avg. employees

Balance Sheet

Assets less current liabilities-£571
Signed by 4 MIGRATION BARS LIMITEDPrepared with TinyTax

EstimatesDerived

YearCurrent Ratio
20250.32

Derived from filed accounts. Not audited figures.