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Classic Restaurants Limited

02051554

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

116 DUKE STREET, LIVERPOOL, L1 5JW
Incorporated 02/09/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr James Sines

director · Since 14/04/1992

CHEF

BRITISH · ENGLAND · Age 69

Also on 4 other boards

Persons with Significant Control

Worldpeak Limited

75–100% shares
75–100% votes

Woodview, Morris Lane, Ormskirk, L40 8SX

Reg: 03200255 · England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

ALLIANCE & LEICESTER PLC

Created 20/12/2007Registered 29/12/2007
charge
satisfied

BARCLAYS BANK PLC

Created 15/11/2004Registered 18/11/2004Satisfied 11/07/2008
charge
outstanding

JOHN NELSON

Created 15/11/2004Registered 18/11/2004
charge
satisfied

BARCLAYS BANK PLC

Created 07/09/1995Registered 12/09/1995Satisfied 11/07/2008
charge
satisfied

BARCLAYS BANK PLC

Created 14/01/1992Registered 29/01/1992Satisfied 19/11/2004
charge
satisfied

BARCLAYS BANK PLC

Created 14/01/1992Registered 28/01/1992Satisfied 19/11/2004
charge
satisfied

MIDLAND BANK PLC

Created 02/02/1987Registered 06/02/1987Satisfied 19/11/2004

CompanyRankvs 7926+ SIC 56101 peers
49

Financial strength55th percentile among SIC peers · 14/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees13/15 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 31/12/2023

Net Worth

£3k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£695k

Working capital

Current Assets

£60k

Current Liabilities

£755k

Fixed Assets

£727k

Debtors

£1k

20avg. employees-5

Tax at Year End(2022)

Corp tax£17k

Balance Sheet

Assets less current liabilities£33k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.08-£37k
20220.09-£60k
20210.21+£56k
20200.08+£7k
20190.06-£9k
20180.07

Derived from filed accounts. Not audited figures.