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Madison Restaurant Limited

08981325

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 6 outstanding charges (-10)

Details

16 KIRBY STREET, LONDON, EC1N 8TS
Incorporated 07/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Michael Anthony Welden

director · Since 17/10/2023

CHARTERED ACCOUNTANT

BRITISH · WALES · Age 57

Constance Mae Salmon

director · Since 21/02/2025

NONE

BRITISH · UNITED KINGDOM · Age 36

Also on 37 other boards

Mr Martin James Williams

director · Since 31/03/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 38 other boards

Persons with Significant Control

Bresand Leisure Limited

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

14th Floor, 33 Cavendish Square, London, W1G 0PW

Reg: 14970121 · Companies House Register · Private Company Limited By Shares

Notified 17/10/2023

Former PSCs

Panther Partners Limited

Ceased 17/10/2023

Charges6 outstanding

Charge
outstanding

ASHETON CAPITAL LIMITED

Created 17/10/2023Registered 19/10/2023
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 17/10/2023Registered 19/10/2023
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR THE BENEFICIARIES.

Created 23/05/2023Registered 07/06/2023
Charge
satisfied

GLAS TRUST CORPORATION LIMITED

Created 23/05/2023Registered 25/05/2023Satisfied 14/11/2023
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR THE BENEFICIARIES (SECURITY AGENT)

Created 17/08/2020Registered 19/08/2020
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 17/08/2020Registered 19/08/2020Satisfied 14/11/2023
Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 01/04/2020Registered 07/04/2020Satisfied 14/11/2023
Charge
outstanding

SANTANDER UK PLC (IN ITS CAPACITY AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 08/06/2017Registered 13/06/2017
Charge
outstanding

SANTANDER UK PLC (AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 12/10/2016Registered 21/10/2016
Charge
satisfied

LDC (MANAGERS) LIMITED

Created 12/10/2016Registered 21/10/2016Satisfied 14/11/2023
Charge
satisfied

LLOYDS BANK PLC AS TRUSTEE FOR EACH OF THE SECURED PARTIES (THE "SECURITY AGENT")

Created 10/09/2015Registered 17/09/2015Satisfied 26/10/2016
Charge
satisfied

LLOYDS BANK PLC

Created 21/05/2014Registered 27/05/2014Satisfied 26/10/2016

CompanyRankvs 60110+ SIC 56101 peers
58

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity12 years trading (max 15) · 12/15
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£604k

Balance sheet strength

Cash

£264k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£758k

Current Liabilities

£2.5M

Fixed Assets

£2.9M

Debtors

£232k

95avg. employees-7

People Costs(2023)

Wages & salaries£2.5M
NI contributions£147k

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£1.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31+£698k
20230.14

Derived from filed accounts. Not audited figures.