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Mike'S Cafe Limited

03919737

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

12 BLENHEIM CRESCENT, W11 1NN
Incorporated 04/02/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Daniel Zangoura

director · Since 15/11/2001

CAFE PROPRIETOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Daniel Zangoura

50–75% shares

British · England · Age 50

12 Blenheim Crescent, W11 1NN

Notified 30/06/2016

CompanyRankvs 5480+ SIC 56102 peers
59

Financial strength22th percentile among SIC peers · 6/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 30/05/2024

Net Worth

-£10k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£49k

Current Liabilities

£42k

Fixed Assets

£3k

Debtors

£45k

6avg. employees

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.18
20231.67
20221.65+£49k
20210.43+£3k
20200.86-£99k
20190.12-£8k
20180.14

Derived from filed accounts. Not audited figures.