# VENUE 71 LTD (NI703473)

> VENUE 71 LTD is an active private limited company (company number NI703473) incorporated on 19 October 2023, registered in Magherafelt. Its registered activity is public houses and bars (SIC 56302). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £156k and cash of £13k, with 55 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 366% on the prior period (−£58k).

- Status: Active
- Incorporated: 2023-10-19
- Registered office: Magherafelt, BT45 6AB
- SIC 56302: Public houses and bars
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-11-02
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 358 comparable companies in Belfast (median £5,789, upper quartile £78k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £156k | £13k | £135k | £184k | — | £214k | 55 |
| 2024-03-31 | −£58k | — | £31k | £214k | — | −£59k | 5 |

current ratio 1.12; size band micro.

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

- Net assets above zero: Net assets £155,623 at 31 March 2025
- Net assets up 10% or more on the prior period: +366.4% vs prior period
- Incorporated two to five years ago: Incorporated 19 October 2023

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

## Persons with significant control

- Ryte Group Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-10-19

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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/NI703473
HTML: https://firmoscan.com/company/NI703473-venue-71-ltd