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Mahamasala Spice Kitchen Limited

11180782

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

Details

35 POLTAIR ROAD, PENRYN, TR10 8NA
Incorporated 31/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mrs Jasmine Sharma

secretary · Since 31/01/2018

Also on 2 other boards

Mr Benjamin Douglas Martin

director · Since 31/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mrs Jasmine Sharma

director · Since 31/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mrs Jasmine Sharma

25–50% shares
25–50% votes

British · England · Age 48

The Warehouse, Anchor Quay, Penryn, TR10 8GZ

Notified 31/01/2018

Mr Benjamin Douglas Martin

25–50% shares
25–50% votes

British · England · Age 45

The Warehouse, Anchor Quay, Penryn, TR10 8GZ

Notified 31/01/2018

CompanyRankvs 10744+ SIC 56290 peers
31

Financial strength13th percentile among SIC peers · 3/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10744Mahamasala Spice Kitchen Limited
41
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.

Employees13/15 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.

Longevity8/15 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

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 1.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Key FinancialsYear ending 31/01/2022

Net Worth

-£14k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£10k

Current Liabilities

£48k

Fixed Assets

£38k

Debtors

£3k

6avg. employees

Tax at Year End

VAT£13k

Director Loans

Company owes directors£26k

Balance Sheet

Assets less current liabilities-£117
Signed by Ms Jasmine Sharma 19th October 2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.21+£25k£267k
20210.20—£117k

Derived from filed accounts. Not audited figures.