Blades Restaurants Ltd
04201937
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 19/04/2026
Due 03/05/2027
Industry
Officers
secretary · Since 20/04/2016
Persons with Significant Control
Mr Jeremy David Nicholls
British · England · Age 62
Units 7 & 8 Chettles Trade Park, Midland Way, Nottingham, NG7 3AG
Notified 31/12/2016
CompanyRankvs 337+ SIC 56102 peers72
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the director with respect to
Key FinancialsYear ending 31/12/2024
Turnover
£40.5M
Annual revenue
Net Worth
£2.1M
Balance sheet strength
Cash
£2.7M
Cash in the bank
Profit Before Tax
£433k
Bottom line earnings
Net Current Assets
£690k
Working capital
Current Assets
£3.6M
Current Liabilities
£2.9M
Fixed Assets
£1.6M
Debtors
£656k
Cost of Sales
£14.0M
Gross Profit
£26.5M
Admin Expenses
£26.1M
Operating Profit
£452k
Profit After Tax
£371k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.24 | -£779k |
| 2023 | 1.13 | +£34k |
| 2022 | 1.04 | -£508k |
| 2021 | 1.23 | +£2.2M |
| 2020 | 1.02 | +£12k |
| 2019 | 0.95 | +£292k |
| 2018 | 0.95 | +£325k |
| 2016 | 0.95 | — |
Derived from filed accounts. Not audited figures.