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1968 He Limited

11236071

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1, LONDON, E15 1BG
Incorporated 06/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Qinqi He

director · Since 21/03/2023

DIRECTOR

CHINESE · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Former PSCs

Mr Qinqi He

Ceased 22/09/2022

Mr Chee Meng Teoh

Ceased 22/09/2022

CompanyRankvs 13644+ SIC 56101 peers
43

Financial strength51th percentile among SIC peers · 13/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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136441968 He Limited
49
How is this score calculated?
Financial strength13/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified 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 31/03/2025

Net Worth

£930

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£63k

Current Liabilities

£81k

Fixed Assets

£19k

Debtors

£33k

11avg. employees-1

Tax at Year End

Corp tax£4k
VAT£34k

Director Loans

Company owes directors£14k

Balance Sheet

Assets less current liabilities£930
Signed by Mr QINQI HE 13/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.78—£674k
20240.70—£688k
20230.83-£47k£980k
20221.77+£21k£509k
20210.28+£143k—
2020—+£18k—

Derived from filed accounts. Not audited figures.