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Splendid Restaurants (Colonel) Ltd

10250386

active
ltd
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

2 Regal Way, Watford, WD24 4YJ
Incorporated 24/06/2016

Compliance

Last accounts

29/12/2024

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

On track

Industry

56103
Take-away food shops and mobile food stands

Officers

Nadeem Shirazali Boghani

director · Since 24/06/2016

British · England · Age 47

Shiraz Noormohamed Boghani

director · Since 24/06/2016

British · England · Age 75

Persons with Significant Control

Mr Shiraz Noormohamed Boghani

Significant control

British · England · Age 75

2, Regal Way, Watford, WD24 4YJ

Notified 03/07/2017

Splendid Real Estate Limited

75–100% shares
75–100% votes

2, Regal Way, Watford, WD24 4YJ

Reg: 13911471 · Uk Register Of Companies · Private Limited Company

Notified 08/07/2022

Charges6 outstanding

Charge
outstanding

HSBC UK BANK PLC AS SECURITY AGENT

Created 22/08/2025Registered 28/08/2025
Charge
outstanding

HSBC UK BANK PLC AS SECURITY AGENT

Created 08/07/2022Registered 12/07/2022
Charge
outstanding

HSBC UK BANK PLC

Created 08/01/2020Registered 08/01/2020
Charge
outstanding

HSBC BANK PLC AS THE LENDER

Created 02/07/2018Registered 04/07/2018
Charge
outstanding

HSBC BANK PLC AS THE LENDER

Created 02/07/2018Registered 04/07/2018
Charge
outstanding

HSBC BANK PLC

Created 03/04/2017Registered 04/04/2017

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line12 Regal Way
2026-06-05

2 REGAL WAY

post townWatford
2026-06-05

WATFORD

officer appointedBOGHANI, Nadeem Shirazali
2026-06-05
officer appointedBOGHANI, Shiraz Noormohamed
2026-06-05

CompanyRankvs 23949+ SIC 56103 peers
22

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Longevity10/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 29/12/2024

Turnover

£31.5M

Annual revenue

Net Worth

-£14.2M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

-£2.6M

Bottom line earnings

Net Current Assets

-£19.6M

Working capital

Current Assets

£17.9M

Current Liabilities

£37.5M

Fixed Assets

£5.9M

Debtors

£1.2M

Cost of Sales

£23.5M

Gross Profit

£8.0M

Admin Expenses

£9.1M

Operating Profit

-£1.1M

Profit After Tax

-£2.1M

1019avg. employees+234

People Costs

Wages & salaries£7.1M
NI contributions£450k

Balance Sheet

Intangible assets£1.8M
Bank loans & overdrafts£15.9M
Assets less current liabilities-£13.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£2.1M
20230.88

Derived from filed accounts. Not audited figures.