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Friends United Limited

07217715

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

FLAT 1 40 CHURCH STREET, READING, RG4 8AU
Incorporated 08/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mrs Sravanthi Vangala

secretary · Since 01/09/2011

Mr Krishna Reddy Vangala

director · Since 01/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Krishna Reddy Vangala

25–50% shares
25–50% votes

British · England · Age 52

Flat 1, 40 Church Street, Reading, RG4 8AU

Notified 01/04/2017

Mrs Sravanthi Vangala

25–50% shares
25–50% votes

British · England · Age 38

Flat 1, 40 Church Street, Reading, RG4 8AU

Notified 05/04/2023

Charges4 outstanding

A registered charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 30/06/2026Registered 01/07/2026
A registered charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 30/06/2026Registered 01/07/2026
A registered charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 30/06/2026Registered 01/07/2026
Charge
satisfied

INNOVATIVE WEALTH LIMITED

Created 20/11/2024Registered 21/11/2024Satisfied 18/12/2025
Charge
satisfied

INNOVATIVE WEALTH LIMITED

Created 20/11/2024Registered 21/11/2024Satisfied 18/12/2025
Charge
satisfied

HSBC UK BANK PLC

Created 09/01/2020Registered 09/01/2020Satisfied 28/05/2026
Charge
outstanding

HSBC UK BANK PLC

Created 18/11/2019Registered 20/11/2019

CompanyRankvs 1046+ SIC 56101 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.99× · 16/20
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.

Employees14/15 pts

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

Liquidity16/20 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

£317k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£172k

Working capital

Current Assets

£346k

Current Liabilities

£174k

Fixed Assets

£798k

33avg. employees-2

Balance Sheet

Assets less current liabilities£970k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.99+£99k
20240.39+£90k
20230.28-£58k
20220.80+£55k
20210.60—

Derived from filed accounts. Not audited figures.