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Memo Barbers Ltd

10996509

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

72 HIGH ROAD, LONDON, N22 6HL
Incorporated 04/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Ozkan Kuh

director · Since 04/10/2017

BUSINESSMAN

TURKISH · UNITED KINGDOM · Age 44

Mr Mehmet Yucedag

director · Since 04/10/2017

BUSINESSMAN

TURKISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Mehmet Yucedag

25–50% shares
25–50% votes
Appoint directors

Turkish · United Kingdom · Age 44

72, High Road, London, N22 6HL

Notified 04/10/2017

Mr Ozkan Kuh

25–50% shares
25–50% votes
Appoint directors

Turkish · England · Age 44

72, High Road, London, N22 6HL

Notified 07/11/2023

CompanyRankvs 31176+ SIC 96020 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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31176Memo Barbers Ltd
39
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.

Employees14/15 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.

Longevity9/15 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 31/10/2024

Net Worth

-£166k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£6k

Current Liabilities

£93k

Fixed Assets

£127k

Debtors

£6k

8avg. employees

Balance Sheet

Intangible assets£50k
Bank loans & overdrafts£84k
Assets less current liabilities£40k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£213k
20231.45+£80k
20222.49+£8k
2021237.09-£23k
20200.31-£31k
20190.30+£9k

Derived from filed accounts. Not audited figures.