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London Rd Restaurants Ltd

11501139

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

62 STAKES ROAD, WATERLOOVILLE, PO7 5NT
Incorporated 06/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Michael Forfar

director · Since 06/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 2 other boards

Persons with Significant Control

Mr Michael Forfar

75–100% shares
75–100% votes
Appoint directors

British · England · Age 68

62, Stakes Road, Waterlooville, PO7 5NT

Notified 06/08/2018

Charges1 outstanding

Charge
outstanding

M FORFAR LIMITED

Created 26/03/2020Registered 26/03/2020

CompanyRankvs 15632+ SIC 56101 peers
39

Financial strength23th percentile among SIC peers · 6/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£14k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£82k

Current Liabilities

£99k

Fixed Assets

£3k

25avg. employees+6

Balance Sheet

Assets less current liabilities-£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£75k
20240.40+£41k
20230.29

Derived from filed accounts. Not audited figures.