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Nadon 55 Ltd

08317502

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

6 QUEENS COURT NORTH, THIRD AVENUE, GATESHEAD, NE11 0BU
Incorporated 04/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Patrick Chester

secretary · Since 04/12/2012

Dr Keith Ian Chester

director · Since 04/12/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 9 other boards

Mr Patrick Charles Chester

director · Since 04/12/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 9 other boards

Suchittra Nadon

director · Since 04/12/2012

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Miss Suchittra Nadon

25–50% shares
25–50% votes

British · United Kingdom · Age 43

2, Fourth Avenue, Morpeth, NE61 2HJ

Notified 06/04/2016

Mr Patrick Charles Chester

25–50% shares
25–50% votes

British · United Kingdom · Age 46

6, Queens Court North, Third Avenue, Gateshead, NE11 0BU

Notified 06/04/2016

Dr Keith Ian Chester

25–50% shares
25–50% votes

British · United Kingdom · Age 79

6, Queens Court North, Third Avenue, Gateshead, NE11 0BU

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 17/02/2014Registered 19/02/2014

CompanyRankvs 6142+ SIC 56101 peers
58

Financial strength79th percentile among SIC peers · 20/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 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.

Longevity14/15 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 31/12/2024

Net Worth

£47k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£52k

Current Liabilities

£61k

Fixed Assets

£58k

Debtors

£34k

18avg. employees-2

Balance Sheet

Assets less current liabilities£49k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86-£24k
20231.08-£2k
20222.11+£25k
20211.78+£34k
20201.26+£6k
20191.09+£6k
20180.87—

Derived from filed accounts. Not audited figures.