Back to search

Chennai Mirchi Ltd

09369524

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 2, FARINGDON GROVE, ROMFORD, RM3 8TD
Incorporated 30/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Sakthivel Selvam

director · Since 30/12/2014

DIRECTOR

INDIAN · UNITED KINGDOM · Age 51

Also on 9 other boards

Persons with Significant Control

Mr Sakthivel Selvam

75–100% shares

Indian · United Kingdom · Age 51

Unit 2, Faringdon Grove, Faringdon Avenue, Romford, RM3 8TD

Notified 01/05/2016

CompanyRankvs 19666+ SIC 56102 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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.

Longevity11/15 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 31/12/2024

Net Worth

-£101k

Balance sheet strength

Cash

£660

Cash in the bank

Net Current Assets

-£71k

Working capital

Current Assets

£19k

Current Liabilities

£89k

Debtors

£14k

1avg. employees

Balance Sheet

Bank loans & overdrafts£30k
Assets less current liabilities-£71k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21-£28k
20230.30-£11k
20220.43-£12k
20210.96-£33k
20203.07-£467
20190.00-£790
20180.00

Derived from filed accounts. Not audited figures.