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The Seafood Restaurant (Padstow) Limited

07089657

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

THE SEAFOOD RESTAURANT, PADSTOW, PL28 8BY
Incorporated 27/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Christopher Richard Stein

director · Since 27/11/2009

RESTAURATEUR

BRITISH · UNITED KINGDOM · Age 79

Also on 5 other boards

Ms Jill Stein

director · Since 27/11/2009

RESTAURATEUR

BRITISH · UNITED KINGDOM · Age 79

Also on 4 other boards

Mr Ian Fitzgerald

secretary · Since 03/06/2020

Also on 3 other boards

Mr Charles Stein

director · Since 03/06/2020

WINE & SPIRIT ADVISOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Mr Ian Fitzgerald

director · Since 03/06/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Edward Stein

director · Since 03/06/2020

PROJECT MANAGER

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr Jack Stein

director · Since 03/06/2020

CHEF DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Dr Mark Anthony Hixon

director · Since 04/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mrs Katherine Coxhead

director · Since 01/12/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Ms Jill Stein

25–50% shares

British · United Kingdom · Age 79

The Seafood Restaurant, Riverside, Padstow, PL28 8BY

Notified 27/11/2016

Mr Christopher Richard Stein

25–50% shares

British · United Kingdom · Age 79

The Seafood Restaurant, Riverside, Padstow, PL28 8BY

Notified 27/11/2016

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/07/2023Registered 13/07/2023
charge
outstanding

BARCLAYS BANK PLC

Created 23/01/2012Registered 27/01/2012
charge
outstanding

BARCLAYS BANK PLC

Created 23/01/2012Registered 27/01/2012
charge
outstanding

BARCLAYS BANK PLC

Created 23/08/2011Registered 27/08/2011

CompanyRankvs 475+ SIC 64209 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent 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 directors with respect

Key FinancialsYear ending 29/12/2024

Turnover

£18.9M

Annual revenue

Net Worth

£13.9M

Balance sheet strength

Cash

£971k

Cash in the bank

Profit Before Tax

-£459k

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£5.2M

Current Liabilities

£3.8M

Fixed Assets

£12.6M

Debtors

£3.6M

Cost of Sales

£6.3M

Gross Profit

£12.6M

Admin Expenses

£13.6M

Operating Profit

-£526k

Profit After Tax

-£394k

355avg. employees-43

Tax at Year End(2023)

Dividends paid-£100k

People Costs

Wages & salaries£7.8M
NI contributions£675k

Balance Sheet

Intangible assets£17k
Assets less current liabilities£14.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40-£394k
20231.40

Derived from filed accounts. Not audited figures.