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Gate 88 Ltd

07442022

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

CORNERBLOCK, BIRMINGHAM, B3 2DX
Incorporated 17/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Stefanos Ermogenous

secretary · Since 17/11/2010

Also on 7 other boards

Mr Stefanos Ermogenous

director · Since 17/11/2010

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Mr Stefanos Ermogenous

25–50% shares

British · England · Age 57

Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX

Notified 17/11/2016

Mrs Christalla Ermoyenous

25–50% shares

British · England · Age 52

Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX

Notified 24/09/2021

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 28/09/2018Registered 28/09/2018Satisfied 20/05/2024
Charge
outstanding

LLOYDS BANK PLC

Created 28/09/2018Registered 28/09/2018

CompanyRankvs 15+ SIC 56103 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.16× · 12/20
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 strength0/25 pts

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

Employees0/15 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 30/11/2022

Net Worth

£21k

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£34k

Current Liabilities

£29k

Fixed Assets

£46k

Debtors

£3k

10avg. employees-2

Tax at Year End(2021)

Corp tax£19k

Balance Sheet

Assets less current liabilities£50k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20221.16
20210.89
20200.64
20190.11
20180.11

Derived from filed accounts. Not audited figures.