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Azure Restaurant Ltd

08616576

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

11A UPPER GEORGE STREET, LUTON, LU1 2RD
Incorporated 19/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Paul Mccrum

director · Since 07/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 6 other boards

Mr Ashvin Patel

director · Since 07/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 19 other boards

Persons with Significant Control

Mr Paul Mccrum

50–75% shares
50–75% votes
Appoint directors

British · England · Age 69

11a, Upper George Street, Luton, LU1 2RD

Notified 07/09/2021

Mr Ashvin Patel

50–75% shares
50–75% votes
Appoint directors

British · England · Age 67

11a, Upper George Street, Luton, LU1 2RD

Notified 07/09/2021

Former PSCs

Ms Olga Esther Marie Mccrum

Ceased 07/09/2021

CompanyRankvs 18259+ SIC 56101 peers
47

Financial strength18th percentile among SIC peers · 5/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.76× · 6/20
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 strength5/25 pts

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

Employees8/15 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.

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 31/07/2021

Net Worth

-£30k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£42k

Current Liabilities

£55k

Debtors

£38k

Profit After Tax

-£53k

6avg. employees+1

Balance Sheet

Assets less current liabilities-£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.76-£53k
20201.98
20194.13
20181.91
20173.42

Derived from filed accounts. Not audited figures.