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Wok Chop Ltd

10320728

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

THE ATRIUM, LONDON, NW1 8NL
Incorporated 09/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Bassam Elia

director · Since 09/08/2016

BUSINESSMAN

BRITISH · ENGLAND · Age 60

Also on 40 other boards

Mr Menashe Sadik

director · Since 10/08/2017

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 54

Also on 27 other boards

Persons with Significant Control

Chopstix Restaurant Ltd

75–100% shares
75–100% votes

144a, Golders Green Road, London, NW11 8HB

Reg: 7101365 · Companies House United Kingdom · Limited Company

Notified 01/02/2018

Former PSCs

Mr Bassam Elia

Ceased 01/02/2018

Mr Menashe Sadik

Ceased 01/02/2018

Charges2 outstanding

Charge
outstanding

METRO BANK PLC

Created 29/07/2019Registered 07/08/2019
Charge
outstanding

METRO BANK PLC

Created 21/06/2018Registered 25/06/2018

CompanyRankvs 5260+ SIC 82990 peers
65

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.23× · 20/20
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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5260Wok Chop Ltd
84
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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 concern are d

Key FinancialsYear ending 23/04/2023

Turnover

£9.4M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£601k

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£5.6M

Working capital

Current Assets

£6.9M

Current Liabilities

£1.3M

Fixed Assets

£313k

Debtors

£200k

Cost of Sales

£3.0M

Gross Profit

£6.5M

Admin Expenses

£4.7M

Operating Profit

£1.8M

Profit After Tax

£1.8M

135avg. employees

Tax at Year End

Corp tax£150k

People Costs

Wages & salaries£1.9M
NI contributions£161k

Balance Sheet

Assets less current liabilities£5.9M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20235.23

Derived from filed accounts. Not audited figures.