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Mangal 2 Limited

08379001

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

4 STOKE NEWINGTON ROAD, LONDON, N16 8BH
Incorporated 29/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Ali Dirik

director · Since 29/01/2013

RESTAURANTEUR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Mr Ferhat Dirik

director · Since 06/04/2015

RESTAURATEUR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Ferhat Dirik

25–50% shares

British · England · Age 37

4, Stoke Newington Road, London, N16 8BH

Notified 28/06/2024

Former PSCs

Mr Ali Dirik

Ceased 28/06/2024

CompanyRankvs 16851+ SIC 56101 peers
44

Financial strength10th percentile among SIC peers · 3/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£85k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£24k

Current Liabilities

£98k

Fixed Assets

£43k

Debtors

£17k

12avg. employees

Tax at Year End

VAT£12k

Balance Sheet

Intangible assets£40k
Bank loans & overdrafts£48k
Assets less current liabilities-£30k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.25+£6k£245k
20230.50-£38k£813k
20220.54-£45k£690k
20211.64-£10k
20202.17+£186
20190.95+£1k
20180.96

Derived from filed accounts. Not audited figures.