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Namaste Lounge Limited

06601831

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

1 KINGS AVENUE, LONDON, N21 3NA
Incorporated 23/05/2008

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/01/2026

Due 16/01/2027

On track

Industry

56302
Public houses and bars

Officers

Mr Kadirvel Ettian Mogantas

director · Since 23/05/2008

MANAGER

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Mr Nayan Chande

director · Since 12/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mc Group-Uk Limited

75–100% shares
75–100% votes

1 Kings Avenue, London, N21 3NA

Notified 10/10/2017

Former PSCs

Mr Kadirvel Ettian Mogantas

Ceased 10/10/2017

Mr Nayan Chande

Ceased 10/10/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 14/02/2018Registered 20/02/2018

CompanyRankvs 2209+ SIC 56302 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.71× · 6/20
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.

Employees15/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

£500k

Balance sheet strength

Cash

£169

Cash in the bank

Net Current Assets

-£314k

Working capital

Current Assets

£784k

Current Liabilities

£1.1M

Fixed Assets

£1.1M

Debtors

£724k

55avg. employees+2

Tax at Year End(2021)

Corp tax£57k
Dividends paid£100k

Balance Sheet

Assets less current liabilities£755k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71+£18k
20230.81-£16k
20210.82+£199k
20200.65-£167k
20191.40

Derived from filed accounts. Not audited figures.