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Sme Corporation (2) Limited

08483705

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

RUNWAY HOUSE, RUISLIP, HA4 6SE
Incorporated 11/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Aly Esmail

secretary · Since 02/01/2014

Mr Sayed Esmail

secretary · Since 02/01/2014

Mr Aly Mohamed Esmail

director · Since 01/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 39 other boards

Mr Sayed Mohamed Esmail

director · Since 01/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 26 other boards

Persons with Significant Control

Sme Investments Ltd

75–100% shares

Runway House, The Runway, Ruislip, HA4 6SE

Reg: 5448420 · Cardiff · Limited

Notified 06/04/2016

Charges7 outstanding

Charge
outstanding

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HSBC BANK PLC

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Charge
outstanding

HSBC BANK PLC

Created 31/07/2014Registered 08/08/2014
Charge
outstanding

HSBC BANK PLC

Created 23/01/2014Registered 31/01/2014
Charge
outstanding

HSBC BANK PLC

Created 24/01/2014Registered 25/01/2014

CompanyRankvs 18903+ SIC 56102 peers
14

Financial strength0th percentile among SIC peers · 0/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees4/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.1M

Balance sheet strength

Cash

£340k

Cash in the bank

Profit Before Tax

£240k

Bottom line earnings

Net Current Assets

-£11.7M

Working capital

Current Assets

£793k

Current Liabilities

£12.5M

Fixed Assets

£12.5M

Debtors

£406k

Admin Expenses

£6.8M

Profit After Tax

£126k

1avg. employees-140

Tax at Year End

Corp tax£79k

People Costs

Wages & salaries£2.4M

Balance Sheet

Bank loans & overdrafts£1.4M
Assets less current liabilities£824k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£126k
20240.14-£63k
20230.14-£1.1M
20220.14+£138k
20210.23+£238k
20200.17

Derived from filed accounts. Not audited figures.