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Ocean Palace Restaurant Ltd

04690195

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

98 BOLTON ROAD, DARWEN, BB3 2TT
Incorporated 07/03/2003

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

56101
Licensed restaurants

Officers

Mrs Mei Chun Tsang

secretary · Since 07/03/2003

RESTAURANTEUR

BRITISH · Age 68

Also on 1 other board

Mr Sing Siu Chan

director · Since 07/03/2003

RESTAURANTEUR

BRITISH · ENGLAND · Age 63

Also on 4 other boards

Mrs Mei Chun Tsang

director · Since 26/07/2010

RESTAURANT

BRITISH · ENGLAND · Age 68

Also on 1 other board

Ms Gigi Slater

director · Since 25/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Graham Kim Lam Tsang

director · Since 25/01/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Graham Kim Lam Tsang

25–50% shares
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · England · Age 45

98 Bolton Road, Darwen, BB3 2TT

Notified 05/05/2022

Former PSCs

Mr Sing Siu Chan

Ceased 05/05/2022

Mrs Mei Chun Tsang

Ceased 05/05/2022

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 04/09/2015Registered 24/09/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 04/09/2015Registered 24/09/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 31/03/2015Registered 02/04/2015

CompanyRankvs 1549+ SIC 56101 peers
67

Financial strength87th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1549Ocean Palace Restaurant Ltd
77
How is this score calculated?
Financial strength22/25 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 31/03/2026

Net Worth

£112k

Balance sheet strength

Cash

£95k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£108k

Current Liabilities

£102k

Fixed Assets

£287k

Debtors

£7k

19avg. employees+4

Balance Sheet

Assets less current liabilities£293k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.06+£20k
20250.99+£28k
20240.77+£9k
20230.79—

Derived from filed accounts. Not audited figures.