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Chef Set Ltd

02561944

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

87 BROOKVALE ROAD, BIRMINGHAM, B6 7AR
Incorporated 23/11/1990

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/04/2026

Due 08/05/2027

On track

Industry

25710
Manufacture of cutlery
46499
46499

Officers

Mohan Lal Korotane

director · Since 23/11/1991

COMPANY SECRETARY

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Mr Madan Lall Korotane

director · Since 23/11/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 1 other board

Mr Vijay Kumar Korotane

director · Since 15/05/1999

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mohan Lal Korotane

secretary · Since 14/09/1999

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Mr Vinod Korotane

director · Since 28/06/2022

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Mrs Marina Korotane

director · Since 26/01/2026

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mrs Seema Mistry Korotane

director · Since 26/01/2026

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Vijay Kumar Korotane

Significant control

British · England · Age 57

59-61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX

Notified 06/04/2016

Mr Madan Lall Korotane

Significant control

British · England · Age 75

59-61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX

Notified 06/04/2016

Mohan Lal Korotane

Significant control

British · England · Age 72

59-61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX

Notified 06/04/2016

B.M.S. (Cookware) Limited

75–100% shares
75–100% votes

87 Brookvale Road, Witton, Birmingham, B6 7AR

Reg: 01610451 · West Midlands · Limited Company

Notified 06/04/2016

Former PSCs

Mr Chaman Lal Korotane

Ceased 26/01/2026

Charges2 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 17/02/2022Registered 17/02/2022Satisfied 14/07/2025
Charge
satisfied

HSBC UK BANK PLC

Created 04/02/2019Registered 07/02/2019Satisfied 14/07/2025
Charge
satisfied

HSBC UK BANK PLC

Created 07/02/2019Registered 07/02/2019Satisfied 14/07/2025
Charge
outstanding

IPM TRUSTEES LIMITED · MOHAN LAL KOROTANE · MADAN LAL KOROTANE

Created 10/05/2016Registered 11/05/2016
Charge
outstanding

ALDERMORE BANK PLC

Created 28/07/2015Registered 30/07/2015
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 26/12/2014Registered 07/01/2015Satisfied 09/03/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 29/11/2010Registered 03/12/2010Satisfied 09/03/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/03/2009Registered 24/03/2009Satisfied 18/10/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/07/2006Registered 12/07/2006Satisfied 05/06/2009
charge
satisfied

BARCLAYS BANK PLC

Created 25/01/2000Registered 03/02/2000Satisfied 07/10/2008
charge
satisfied

BARCLAYS BANK PLC

Created 25/01/2000Registered 03/02/2000Satisfied 07/10/2008
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 18/07/1995Registered 19/07/1995Satisfied 18/10/2000
charge
satisfied

BARCLAYS BANK PLC

Created 28/03/1991Registered 11/04/1991Satisfied 07/10/2008

CompanyRankvs 15+ SIC 25710 peers
68

Financial strength90th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1John Artis Limited
90
2Tyzack Machine Knives Limited
90
3Swatkins Group Limited
88
4Hill & Webster (Handling) Limited
88
5Dowa International Limited
86
6William Whiteley & Sons (Sheffield) Limited
86
7Samuel Eales Silverware Limited
85
8Border Engineering & Fabrication Limited
83
9Doddl Ltd
81
10Sorrill & Coley Limited
80
15Chef Set Ltd
78
How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

£731k

Balance sheet strength

Cash

£265k

Cash in the bank

Net Current Assets

£687k

Working capital

Current Assets

£2.8M

Current Liabilities

£2.2M

Fixed Assets

£175k

Debtors

£1.2M

10avg. employees-3

Balance Sheet

Bank loans & overdrafts£408k
Assets less current liabilities£862k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32+£210k
20241.25+£216k
20221.16—

Derived from filed accounts. Not audited figures.