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Planet M Limited

05114669

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SOVEREIGN HOUSE, HARROW, HA3 5RF
Incorporated 28/04/2004

Compliance

Last accounts

30/04/2025

dormant

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

56101
Licensed restaurants

Officers

Mr Seung Jai Baik

director · Since 01/05/2010

DIRECTOR

SOUTH KOREAN · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Mr Seung Jai Baik

Significant control

South Korean · England · Age 57

Sovereign House, Graham Road, Harrow, HA3 5RF

Notified 01/07/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 10/12/2004Registered 17/12/2004
charge
outstanding

BARCLAYS BANK PLC

Created 24/11/2004Registered 09/12/2004

CompanyRankvs 1823+ SIC 56101 peers
66

Financial strength94th percentile among SIC peers · 24/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 607.94× · 20/20
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 strength24/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/04/2025

Net Worth

£308k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£308k

Working capital

Current Assets

£309k

Current Liabilities

£508

0avg. employees

Balance Sheet

Assets less current liabilities£308k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
2025607.94+£0
2024607.94+£0
2023219.98+£0
2022135.29+£0
202177.64+£0
202077.64+£0
201977.64-£3k
2017889.58

Derived from filed accounts. Not audited figures.