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Pade'S Restaurant Ltd

09989451

active
Private Limited Company
england wales
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

39 WELLINGTON STREET, LUTON, LU1 2QH
Incorporated 05/02/2016

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 04/02/2025

Due 18/02/2026

Overdue

Industry

56101
Licensed restaurants

Officers

Mrs Lara Adeleye

director · Since 05/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mrs Lara Adeleye

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

British · England · Age 60

39 Wellington Street, Luton, LU1 2QH

Notified 06/04/2016

CompanyRankvs 19649+ SIC 56101 peers
40

Financial strength22th percentile among SIC peers · 6/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees6/15 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 28/02/2025

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£1k

Current Liabilities

£16k

Fixed Assets

£5k

3avg. employees

Balance Sheet

Assets less current liabilities-£10k
Signed by Mrs Lara Adeleye 14/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£4k
20240.12-£8k
20231.18

Derived from filed accounts. Not audited figures.