Back to search

Truth Restaurant And Bar Ltd.

11015814

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

93 VICTORIA ROAD, ALDERSHOT, GU11 1JE
Incorporated 17/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56103
Take-away food shops and mobile food stands
56210
Event catering activities
56302
Public houses and bars

Officers

Mr Dinesh Kumar Shrestha

director · Since 06/10/2021

BUSINESS

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Mukesh Rana

director · Since 21/09/2022

BUSINESS

NEPALESE · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Dinesh Kumar Shrestha

25–50% shares
25–50% votes

British · United Kingdom · Age 40

93, Victoria Road, Aldershot, GU11 1JE

Notified 17/10/2017

Ms Pushpanjali Shrestha

25–50% shares
25–50% votes

British · United Kingdom · Age 39

93, Victoria Road, Aldershot, GU11 1JE

Notified 28/08/2019

Mr Mukesh Rana

25–50% shares

Nepalese · United Kingdom · Age 38

93, Victoria Road, Aldershot, GU11 1JE

Notified 14/06/2022

Former PSCs

Mr Dipesh Lama

Ceased 14/06/2022

CompanyRankvs 26658+ SIC 56101 peers
33

Financial strength11th percentile among SIC peers · 3/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Court Hotel (Bromley) Limited(The)
90
2Wilton(St.James'S)Limited
90
3Oakscliff
90
4Better Fish Limited
90
5Fence Gate Limited
90
6Wyboston Lakes Limited
90
7Miacarla Limited
90
8Oliveto & Olivo Limited
90
9Market House Hotel Limited
90
10Lloyd Davenport (Leisure) Limited
90
26658Truth Restaurant And Bar Ltd.
32
How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 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

-£68k

Balance sheet strength

Cash

£517

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£5k

Current Liabilities

£58k

Fixed Assets

£12k

Debtors

£4k

1avg. employees

Tax at Year End

VAT£16k

Director Loans

Company owes directors£5k

Balance Sheet

Assets less current liabilities-£42k
Signed by Mr Dinesh Shrestha 22 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.08-£17k£320k
20230.14+£3k—
20220.14+£810—
20210.24-£16k—
20200.40-£24k—
20190.18-£20k—
20180.24——

Derived from filed accounts. Not audited figures.