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28 Market Place Limited

11081298

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

2 MARKET PLACE, SOMERTON, TA11 7LX
Incorporated 24/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr David Neil Osmond

director · Since 10/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 14 other boards

Persons with Significant Control

Mr David Neil Osmond

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

British · England · Age 66

2, Market Place, Somerton, TA11 7LX

Notified 10/10/2024

Former PSCs

Mrs Vanessa Anne Crofton

Ceased 27/11/2018

Mr Adam Norris

Ceased 10/10/2024

Charges2 outstanding

Charge
outstanding

HORATIO INVESTMENTS LIMITED

Created 10/10/2024Registered 14/10/2024
Charge
outstanding

MARTIN VINCENT AND SHEILA VINCENT

Created 10/10/2024Registered 10/10/2024
Charge
satisfied

ADAM NORRIS

Created 22/08/2018Registered 23/08/2018Satisfied 14/10/2024
Charge
satisfied

ADAM NORRIS

Created 14/05/2018Registered 23/05/2018Satisfied 14/10/2024

CompanyRankvs 13040+ SIC 56101 peers
41

Financial strength26th percentile among SIC peers · 7/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees0/15 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.

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.

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 31/12/2024

Net Worth

-£7k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£84k

Current Liabilities

£42k

Fixed Assets

£751k

Debtors

£61k

Balance Sheet

Assets less current liabilities£793k
Signed by Mr David Osmond 27/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.01
20231.53
20220.60
20211.19-£255k
20201.50-£738k
20191.84-£516k
20180.05

Derived from filed accounts. Not audited figures.