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The Restaurant Marine Parade Worthing Ltd

11472011

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

Unit B Off Edge, Station Approach, Penarth, CF64 3EE
Incorporated 18/07/2018

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 17/07/2025

Due 31/07/2026

On track

Industry

56101
Licensed restaurants

Officers

James Edward Morse

director · Since 18/07/2018

British · United Kingdom · Age 54

Persons with Significant Control

Mr James Edward Morse

Appoint directors

British · United Kingdom · Age 54

C/O Bevan Buckland Llp, Ground Floor Cardigan House, Swansea, SA7 9LA

Notified 18/07/2018

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line1Unit B Off Edge
2026-06-10

UNIT B OFF EDGE

post townPenarth
2026-06-10

PENARTH

officer appointedMORSE, James Edward
2026-06-10

CompanyRankvs 30112+ SIC 56101 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees24th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£103k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£103k

Working capital

Current Assets

Current Liabilities

£103k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£103k
Signed by Mr James Morse 24/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.02
20220.02
20210.07
20200.23

Derived from filed accounts. Not audited figures.