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Meridian Restaurants Limited

09065421

active
Private Limited Company
wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RIVERSIDE CANTONESE RESTAURANT LECKWITH ROAD, CARDIFF, CF11 6HN
Incorporated 02/06/2014

Compliance

Last accounts

27/06/2025

total exemption full

Next accounts due

27/03/2027

On track

Confirmation statement

Last: 19/06/2025

Due 03/07/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Nicholas James Chan

director · Since 02/06/2014

RESTAURATEUR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Nicholas James Chan

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

British · United Kingdom · Age 57

Riverside Cantonese Restaurant, Leckwith Road, Cardiff, CF11 6HN

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 02/09/2015Registered 09/09/2015
Charge
outstanding

SANTANDER UK PLC

Created 02/09/2015Registered 09/09/2015

CompanyRankvs 18286+ SIC 56101 peers
32

Financial strength8th percentile among SIC peers · 2/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.06× · 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 strength2/25 pts

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

Employees11/15 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 27/06/2025

Net Worth

-£108k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£573k

Working capital

Current Assets

£34k

Current Liabilities

£607k

Fixed Assets

£466k

Debtors

£14k

12avg. employees

Tax at Year End(2018)

VAT£23k

Director Loans(2018)

Company owes directors£595k

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities-£107k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.06+£0
20250.06+£8k
20240.05+£16k
20230.04-£10k
20220.04+£73k
20210.06-£2k
20200.11
20190.08
20180.05£458k

Derived from filed accounts. Not audited figures.