Panormus Street Food Limited
11810114
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Vincenzo Capasso
Italian · England · Age 55
203, Hayling Avenue, Portsmouth, PO3 6DZ
Notified 23/01/2026
Former PSCs
Mr Vincenzo Capasso
Ceased 23/01/2026
CompanyRankvs 29080+ SIC 56103 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
amounts falling due within one year 2025 2024 £ £ Bank loans and overdrafts 5,941 5,928 Taxation and social security costs 23,575 6,241 Other creditors 10,701 2,700 40,217 14,869 6 Going concern At the balance sheet date the company had net liabilities of £17,812. The company's ability to continue trading is dependent upon the support of its bankers and reaching an agreemnt
Key FinancialsYear ending 31/03/2025
Net Worth
-£18k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£20k
Current Liabilities
£40k
Fixed Assets
£2k
Debtors
£15k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.50 | -£8k |
| 2024 | 0.03 | -£8k |
| 2023 | 0.18 | — |
| 2022 | 2.39 | — |
| 2021 | 5.00 | — |
Derived from filed accounts. Not audited figures.