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Mexigo Burrito Bar Ltd

09814528

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)

Details

C/O POWER ACCOUNTAX LTD, MAILBOX 3, SOLENT BUSINESS CENTRE, SOUTHAMPTON, SO15 0HW
Incorporated 08/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Ian Mervyn Rayner

director · Since 08/10/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Mrs Lynda Mary Turnbull

director · Since 08/10/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Power Secretaries Ltd

secretary · Since 01/05/2020

OTHER

Also on 32 other boards

Persons with Significant Control

Mr Ian Mervyn Rayner

25–50% shares

British · United Kingdom · Age 66

C/O Power Accountax Ltd,, Mailbox 3, Solent Business Centre, Southampton, SO15 0HW

Notified 06/04/2016

Mrs Lynda Mary Turnbull

25–50% shares

British · England · Age 71

C/O Power Accountax Ltd,, Mailbox 3, Solent Business Centre, Southampton, SO15 0HW

Notified 06/04/2016

Former PSCs

Mrs Lynda Mary Turnbull

Ceased 28/02/2022

CompanyRankvs 100067+ SIC 82990 peers
49

Financial strength8th percentile among SIC peers · 2/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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100067Mexigo Burrito Bar Ltd
44
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.

Employees15/15 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.

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 31/10/2024

Net Worth

-£21k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£63k

Current Liabilities

£112k

Fixed Assets

£28k

Debtors

£9k

36avg. employees+2

Tax at Year End

VAT£39k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.57-£3k£789k
20230.52-£60k£587k
20221.15-£27k£593k
20211.64+£55k—
20201.81+£28k—
20190.54-£21k—
20180.94——

Derived from filed accounts. Not audited figures.