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85 Piccadilly Limited

08838693

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

CONNAUGHT HOUSE, LONDON, W1K 3NB
Incorporated 09/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Miss Tatiana Fokina

director · Since 09/01/2014

RETAILER OF ALCOHOLIC BEVERAGES

BRITISH · ENGLAND · Age 39

Mr Evgeny Chichvarkin

director · Since 29/04/2015

COMPANY DIRECTOR

RUSSIAN · UNITED KINGDOM · Age 51

Also on 6 other boards

Mr Timur Artemev

director · Since 13/10/2025

INVESTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Hedonism Plus Limited

75–100% shares
75–100% votes
Appoint directors

Connaught House, 1-3 Mount Street, London, W1K 3NB

Reg: 16968127 · Companies House · Limited By Shares

Notified 13/05/2026

Former PSCs

Mr Evgeny Chichvarkin

Ceased 07/04/2016

Hedonism Drinks Limited

Ceased 13/05/2026

Charges0 outstanding

Charge
satisfied

METRO BANK PLC

Created 23/02/2023Registered 02/03/2023Satisfied 27/12/2024
Charge
satisfied

METRO BANK PLC

Created 02/10/2017Registered 05/10/2017Satisfied 26/04/2024
Charge
satisfied

METRO BANK PLC

Created 02/10/2017Registered 05/10/2017Satisfied 27/12/2024

CompanyRankvs 16868+ SIC 56101 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 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.

Longevity12/15 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

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.2 in the financial statements, which indicates that continuing retained losses and current liabilities may cast significant doubt on the Company’s ability to

Key FinancialsYear ending 31/07/2024

Turnover

£14.0M

Annual revenue

Net Worth

-£16.9M

Balance sheet strength

Cash

£116k

Cash in the bank

Profit Before Tax

£149k

Bottom line earnings

Net Current Assets

-£26.1M

Working capital

Current Assets

£990k

Current Liabilities

£27.1M

Fixed Assets

£10.8M

Debtors

£756k

Cost of Sales

£4.7M

Gross Profit

£9.2M

Admin Expenses

£9.4M

Operating Profit

£155k

Profit After Tax

£152k

191avg. employees+36

People Costs

Wages & salaries£4.7M
NI contributions£388k

Balance Sheet

Assets less current liabilities-£15.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£152k
20230.03-£1.4M
20220.03-£291k
20210.03-£2.5M
20200.05-£1.7M
20190.05

Derived from filed accounts. Not audited figures.