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Memo Walthamstow Limited

11798092

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

7 - 17 HIGH STREET, LONDOB, E17 7AD
Incorporated 30/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Mehmet Demir

director · Since 30/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 17 other boards

Persons with Significant Control

Mr Mehmet Demir

50–75% shares
50–75% votes

British · England · Age 44

34, De Beauvoir Road, London, N1 5SU

Notified 30/01/2019

Charges1 outstanding

Charge
outstanding

TURKIYE IS BANKASI A.S.

Created 30/08/2023Registered 01/09/2023

CompanyRankvs 2636+ SIC 47190 peers
63

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/01/2024

Net Worth

£553k

Balance sheet strength

Cash

£890k

Cash in the bank

Net Current Assets

£461k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.0M

Fixed Assets

£120k

Debtors

£420k

15avg. employees-2

Tax at Year End

VAT£145

Balance Sheet

Intangible assets£7k
Bank loans & overdrafts£28k
Assets less current liabilities£581k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.44+£106k£3k
20231.27+£117k
20221.13+£157k
20210.93+£165k
20200.69

Derived from filed accounts. Not audited figures.