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Balance (Waterloo) Limited

10431364

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ASTON HOUSE, LONDON, N3 1LF
Incorporated 17/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Gengiz Arif

director · Since 17/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 7 other boards

Balance Projects Limited

director · Since 17/10/2016

Persons with Significant Control

Balance Projects Ltd

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

108-110, Finchley Road, London, NW3 5JJ

Reg: 10355892 · England · Limited Company

Notified 17/10/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/07/2020Registered 28/07/2020

CompanyRankvs 6232+ SIC 56101 peers
58

Financial strength91th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£194k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£543k

Current Liabilities

£634k

Fixed Assets

£320k

Debtors

£503k

34avg. employees

Tax at Year End

Corp tax£81k

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities£229k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86+£0
20250.86+£49k
20240.75-£59k
20230.79+£79k
20220.67+£191k
20210.27+£55k
20200.20+£7k
20180.06

Derived from filed accounts. Not audited figures.