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South Bars Ltd

16422970

active
Private Limited Company
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

C/O GETGROUND, LONDON, W6 0NB
Incorporated 01/05/2025

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/04/2026

Due 17/04/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Getground Secretary Limited

secretary · Since 01/05/2025

Also on 10584 other boards

Rabie Barakat

director · Since 01/05/2025

CONSULTANT

LEBANESE · UNITED STATES · Age 43

Persons with Significant Control

Rabie Barakat

25–50% shares
25–50% votes

Lebanese · United States · Age 43

C/O Getground, 1 Lyric Square, London, W6 0NB

Notified 01/05/2025

Ghia El Bardan

25–50% shares
25–50% votes

Lebanese · United States · Age 40

C/O Getground, 1 Lyric Square, London, W6 0NB

Notified 01/05/2025

CompanyRankvs 307105+ SIC 68209 peers
28

Financial strength23th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2025

Net Worth

-£595

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£595

Working capital

Current Assets

£59k

Current Liabilities

£60k

Debtors

£59k

Director Loans

Company owes directors£60k

Balance Sheet

Assets less current liabilities-£595
Signed by Rabie Barakat 07/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.99
20250.99

Derived from filed accounts. Not audited figures.