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My Sub Ltd

08696264

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

70 STONE ROAD, STAFFORD, ST16 2RS
Incorporated 18/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mrs Amanpreet Kaur Sandhar

secretary · Since 18/09/2013

Mr Rashpal Singh Sandhar

director · Since 18/09/2013

RESTAURATEUR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Avtar Singh Sandhar

director · Since 10/09/2021

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 46

Also on 8 other boards

Persons with Significant Control

Mr Rashpal Singh Sandhar

50–75% shares

British · England · Age 56

31, Station Road, Walsall, WS3 4BQ

Notified 06/04/2016

Mrs Baljit Kaur Choongh

25–50% shares

British · United Kingdom · Age 58

24, Hatherton Road, Cannock, WS11 1HG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/03/2019Registered 06/03/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 13/12/2013Registered 28/12/2013Satisfied 21/08/2019

CompanyRankvs 2856+ SIC 56102 peers
62

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

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 30/11/2024

Net Worth

£114k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£125k

Current Liabilities

£165k

Fixed Assets

£190k

Debtors

£37k

15avg. employees

Tax at Year End

VAT£11k

Balance Sheet

Intangible assets£8k
Bank loans & overdrafts£35k
Assets less current liabilities£150k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.76+£59k£224k
20230.51+£27k£222k
20220.42+£4k£253k
20210.46+£20k£18k
20201.46+£31k
20190.45-£22k
20180.83

Derived from filed accounts. Not audited figures.