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Gales Restaurants Limited

00634361

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

178 SEVEN SISTERS ROAD, LONDON, N7 7PX
Incorporated 05/08/1959

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Kyriacos Pattichi

secretary · Since 01/04/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 15 other boards

Mr Kyriacos Pattichi

director · Since 01/04/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 15 other boards

Mr Alexander Peter Karageorgis

director · Since 15/09/2022

COMPANY DIRECTOR

BRITISH, · UNITED KINGDOM · Age 44

Mr Michael Karageorgis

director · Since 01/10/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Kyriacos Pattichi

25–50% shares

British · England · Age 61

178, Seven Sisters Road, London, N7 7PX

Notified 06/04/2016

Mr Kyriacos Ulysses Karageorgis

25–50% shares
25–50% votes

British, · United Kingdom · Age 46

178, Seven Sisters Road, London, N7 7PX

Notified 15/09/2022

Mr Michael Karageorgis

25–50% shares

British · England · Age 39

178, Seven Sisters Road, London, N7 7PX

Notified 01/10/2025

Former PSCs

Mr Kyriacos Michael Karageorgis

Ceased 01/10/2025

Kyriacos Ulysses Karageorgis

Ceased 15/09/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/01/2021Registered 18/01/2021
charge
satisfied

MARFIN POPULAR BANK PUBLIC CO LTD

Created 21/04/2011Registered 07/05/2011Satisfied 17/12/2020
charge
satisfied

MARFIN POPULAR BANK PUBLIC CO LTD

Created 30/11/2009Registered 04/12/2010Satisfied 17/12/2020
charge
satisfied

MARFIN POPULAR BANK PUBLIC CO LTD

Created 30/11/2009Registered 24/06/2010Satisfied 17/12/2020
charge
outstanding

NATIONAL WESTMINSTER BANK LTD

Created 01/12/1980Registered 04/12/1980
charge
satisfied

NATIONAL PROVINCIAL BANK LTD

Created 11/03/1960Registered 29/03/1960Satisfied 17/12/2020

CompanyRankvs 12864+ SIC 56101 peers
40

Financial strength16th percentile among SIC peers · 4/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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12864Gales Restaurants Limited
50
How is this score calculated?
Financial strength4/25 pts

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

Employees14/15 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.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£39k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£344k

Working capital

Current Assets

£100k

Current Liabilities

£444k

Fixed Assets

£305k

Debtors

£38k

25avg. employees

Balance Sheet

Intangible assets£104k
Assets less current liabilities-£39k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£0
20250.23+£0
20240.23-£94k
20230.20-£671k
20221.68+£925k
20210.27-£548k
20200.92-£83k
20191.01—

Derived from filed accounts. Not audited figures.