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Ideal Catering Equipment Limited

07827735

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

114 HAMLET COURT ROAD, WESTCLIFF-ON-SEA, SS0 7LP
Incorporated 28/10/2011

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Lip Wee Tay

secretary · Since 28/10/2011

BRITISH

Mr Lip Wee Tay

director · Since 28/10/2011

CONSULTANT

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Persons with Significant Control

Mr Lip Wee Tay

Significant control

British · England · Age 63

R/O 35, George Lane, Hayes, BR2 7LG

Notified 28/10/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/01/2016Registered 15/01/2016
charge
outstanding

GLE PROPERTIES LIMITED

Created 17/11/2011Registered 06/12/2011

CompanyRankvs 517+ SIC 47789 peers
75

Financial strength92th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.22× · 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 strength23/25 pts

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

Employees12/15 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 31/10/2025

Net Worth

£468k

Balance sheet strength

Cash

£540k

Cash in the bank

Net Current Assets

£456k

Working capital

Current Assets

£598k

Current Liabilities

£142k

Fixed Assets

£19k

Debtors

£58k

5avg. employees+2

Balance Sheet

Assets less current liabilities£475k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.22+£86k
20242.72+£85k
20233.07—

Derived from filed accounts. Not audited figures.