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Sash Lounge Limited

16259659

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

54-56 KING STREET, WIGAN, WN1 1BT
Incorporated 18/02/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

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

CompanyRankvs 27361+ SIC 56101 peers
32

Financial strength30th percentile among SIC peers · 8/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
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27361Sash Lounge Limited
32
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.

Longevity1/15 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

Derived from filed accounts. Not audited figures.