# ANOTHER BAD IDEA LIMITED (11028520)

> ANOTHER BAD IDEA LIMITED is an active private limited company (company number 11028520) incorporated on 24 October 2017, registered in Sutton Coldfield. Its registered activity is licenced restaurants (SIC 56101). Latest small accounts cover the period ending 30 September 2025, showing net assets of £204k and cash of £26k, with 11 employees on average. Net assets rose 7% on the prior period (£190k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2017-10-24
- Registered office: Sutton Coldfield, B75 5BE
- SIC 56101: Licenced restaurants
- Next accounts due: 2027-06-30
- Confirmation statement due: 2026-11-07
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 916 comparable companies in Birmingham (median £2, upper quartile £14k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £204k | £26k | £340k | £534k | — | — | 11 |
| 2024-09-27 | £190k | £42k | £414k | £511k | — | — | 11 |
| 2023-09-28 | £111k | £67k | £349k | £531k | — | — | 13 |

current ratio 0.6; net assets trend rising; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £203,715 at 30 September 2025
- Current assets below creditors within one year: Current ratio 0.6
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 24 October 2017

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- The Man Who Sold The World (corporate-entity) — owns 75–100% of shares, since 2018-10-03

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11028520
HTML: https://firmoscan.com/company/11028520-another-bad-idea-limited