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Drift-In York Ltd

11136753

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

Details

DEMAR HOUSE 14 CHURCH ROAD, CHICHESTER, PO20 8PS
Incorporated 08/01/2018

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 25/09/2024

Due 09/10/2025

Overdue

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Nicholas Giles Cheshire

director · Since 08/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 9 other boards

Persons with Significant Control

Mr Nicholas Giles Cheshire

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

Demar House, 14 Church Road, Chichester, PO20 8PS

Notified 08/01/2018

CompanyRankvs 14450+ SIC 56102 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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14450Drift-In York Ltd
40
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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

future and that there are no material uncertainties that lead to significant doubt upon the company's ability to continue as a going concern. Thus the director has continued to adopt the going concern basis of accounting in preparing these financial statements. Tangible fixed assets Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment los

Key FinancialsYear ending 31/03/2024

Net Worth

-£205k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£131k

Working capital

Current Assets

£37k

Current Liabilities

£168k

Fixed Assets

£26k

Debtors

£163

22avg. employees+2

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities-£105k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22-£38k
20230.58—

Derived from filed accounts. Not audited figures.