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Third November Limited

10279435

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

453 CRANBROOK ROAD, ILFORD, IG2 6EW
Incorporated 14/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Mohammed Umair Shafiq

director · Since 12/09/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 15 other boards

Persons with Significant Control

Mr Mohammed Umair Shafiq

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
Significant control

British · United Kingdom · Age 37

453, Cranbrook Road, Ilford, IG2 6EW

Notified 14/07/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/10/2016Registered 13/10/2016

CompanyRankvs 4930+ SIC 56290 peers
54

Financial strength80th percentile among SIC peers · 20/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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59
How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2024

Net Worth

£21k

Balance sheet strength

Cash

£250

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£169k

Current Liabilities

£174k

Fixed Assets

£85k

Debtors

£165k

8avg. employees-5

Balance Sheet

Intangible assets£6k
Assets less current liabilities£79k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97-£8k
20231.01-£2k
20221.02+£13k
20210.95+£72k
20200.43+£1k
20190.11-£37k
20180.12—

Derived from filed accounts. Not audited figures.