SNUG BARS LIMITED

Company number 05307060 · Active (Active - Proposal to Strike off)

SNUG BARS LIMITED is a private limited company registered in MILDENHALL, United Kingdom, incorporated on 7 Dec 2004. Its registered activity is public houses and bars. Its latest published accounts for the period ending 29 Feb 2024 show equity of −£342k, total assets of £428k. It has filed 5 sets of accounts, 2 of them after the deadline. Our model estimates a 0.08 % probability that it becomes insolvent within 12 months, 0.7 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.08 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.7× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent

Lowers the risk

Region0.1×IP · 0.01 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05307060 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
7 Dec 2004 (22 years)
Registered address
IP28 7DE MILDENHALL
Postcode area
Ipswich
Activity
56302 Public houses and bars
Industry
Food and beverage service activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
29 Feb 202415 Nov 2024– –−£342k£428k £751k£36k75
28 Feb 202315 Dec 2023– –−£378k£587k £937k£111k73
28 Feb 202215 Aug 2022– –−£358k£586k £906k£128k87
28 Feb 202115 May 2021– –−£626k£476k £1.1m£70k67
29 Feb 202015 May 2021– –−£578k£627k £1.2m£4,80079

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Ipswich

Questions about SNUG BARS LIMITED

What is the company number of SNUG BARS LIMITED?

SNUG BARS LIMITED is registered under company number 05307060 in the official register of United Kingdom. View it at the official register.

Is SNUG BARS LIMITED still active?

Yes. SNUG BARS LIMITED is registered as active (status: Active - Proposal to Strike off).

Has SNUG BARS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SNUG BARS LIMITED in the official data.

How likely is SNUG BARS LIMITED to become insolvent?

Our model estimates a 0.08 % probability that SNUG BARS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was SNUG BARS LIMITED founded?

SNUG BARS LIMITED was incorporated on 7 Dec 2004.

Where is SNUG BARS LIMITED registered?

SNUG BARS LIMITED's registered address is in IP28 7DE MILDENHALL (Ipswich), United Kingdom.

What do the latest accounts of SNUG BARS LIMITED show?

The latest published accounts (period ending 29 Feb 2024) show equity of −£342k, total assets of £428k, 75 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.