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Bagel Palace Ltd

11002314

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

90 WESTERN ROAD, BRIGHTON, BN1 2LB
Incorporated 09/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Onur Bahcetepe

director · Since 18/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Onur Bahcetepe

75–100% shares

British · England · Age 39

90, Western Road, Brighton, BN1 2LB

Notified 18/05/2020

Former PSCs

Mr Onur Bahcetepe

Ceased 09/10/2017

Mr Rahmi Aktepe

Ceased 18/05/2020

CompanyRankvs 2921+ SIC 10710 peers
29

Financial strength3th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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2921Bagel Palace Ltd
28
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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

-£92k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£84

Current Liabilities

£85k

Fixed Assets

£1

0avg. employees

Balance Sheet

Assets less current liabilities-£84k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£335
2023—+£197
2022—-£630
2021—+£177
2020—-£4
2019—-£18k

Derived from filed accounts. Not audited figures.