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Sash Lounge Limited

16259659

active
ltd
england wales
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

54-56 King Street King Street, Wigan, WN1 1BT
Incorporated 18/02/2025

Compliance

Last accounts

28/02/2026

total exemption full

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 17/02/2026

Due 03/03/2027

On track

Industry

56101
Licensed restaurants
56301
Licensed clubs
56302
Public houses and bars

Officers

Mr Olakunle Ogunsakin

director · Since 18/02/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Olakunle Ogunsakin

director · Since 18/02/2025

British · England · Age 54

Persons with Significant Control

Mr Olakunle Ogunsakin

75–100% shares
75–100% votes
Appoint directors

British · England · Age 54

54-56 King Street, King Street, Wigan, WN1 1BT

Notified 18/02/2025

Change History

statusactive
2026-07-18

Active

typeltd
2026-07-18

Private Limited Company

address line154-56 King Street King Street
2026-07-18

54-56 KING STREET

post townWigan
2026-07-18

WIGAN

CompanyRankvs 26537+ SIC 56101 peers
33

Financial strength31th percentile among SIC peers · 8/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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 28/02/2026

Net Worth

-£597

Balance sheet strength

Cash

£53

Cash in the bank

Net Current Assets

-£597

Working capital

Current Assets

£53

Current Liabilities

£650

3avg. employees

Balance Sheet

Assets less current liabilities-£597
Signed by Mr Olakunle Ogunsakin 8th May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20260.08
20260.08

Derived from filed accounts. Not audited figures.