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Happy Palace Ltd

11532901

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE OLD COURT HOUSE, MORECAMBE, LA4 5HR
Incorporated 23/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Rowland Lee

director · Since 23/08/2018

TAKE AWAY PROPRIETOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Rowland Lee

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

10, Aire Close, Morecambe, LA3 3SA

Notified 23/08/2018

Mr Richard Lee

25–50% shares
25–50% votes

British · England · Age 43

The Old Court House, Clark Street, Morecambe, LA4 5HR

Notified 01/10/2019

CompanyRankvs 4926+ SIC 56103 peers
67

Financial strength87th percentile among SIC peers · 22/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.3× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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4926Happy Palace Ltd
66
How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 31/08/2025

Net Worth

£28k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£46k

Current Liabilities

£20k

Fixed Assets

£2k

Debtors

£4k

0avg. employees-7

Balance Sheet

Assets less current liabilities£28k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.30—
20241.51—
20231.00—
20222.29-£40k
20216.58—

Derived from filed accounts. Not audited figures.