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A Squared Eats Ltd

11090602

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

10 PARK PLACE, MANCHESTER, M4 4EY
Incorporated 30/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Shital Chotalal Somaiya

director · Since 16/01/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Mr Rajesh Rajni Somaiya

25–50% shares
25–50% votes

British · United Kingdom · Age 57

59 Stamford Road, Altrincham, WA14 2JN

Notified 30/11/2017

Mr Bobby Arora

25–50% shares
25–50% votes

British · United Kingdom · Age 54

52, Carrwood, Hale Barns, WA15 0EW

Notified 30/11/2017

Charges1 outstanding

Charge
outstanding

BOBBY ARORA

Created 25/05/2018Registered 30/05/2018

CompanyRankvs 112367+ SIC 82990 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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112367A Squared Eats Ltd
40
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.

Employees15/15 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.

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 28/11/2023

Net Worth

-£1.2M

Balance sheet strength

Cash

£28k

Cash in the bank

Net Current Assets

-£459k

Working capital

Current Assets

£70k

Current Liabilities

£529k

Fixed Assets

£1.3M

Debtors

£196

45avg. employees+13

Balance Sheet

Intangible assets£0
Assets less current liabilities£880k
Signed by 2022-12-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.13-£81k
20220.11-£386k
20210.20-£196k
20200.39-£485k
20193.94-£64k
201810.26—

Derived from filed accounts. Not audited figures.