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Rio'S Spicy Grills Ltd

11849457

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1C REGENCY COURT, 2A HIGH STREET, BIRMINGHAM, B14 7SW
Incorporated 27/02/2019

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Saif Ahmed Siddiqui

director · Since 27/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Saif Ahmed Siddiqui

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

British · England · Age 65

185, Alum Rock Road, Birmingham, B8 1NJ

Notified 27/02/2024

Former PSCs

Mr Asim Saif Siddiqui

Ceased 27/02/2024

Ms Sabina Saif Siddiqui

Ceased 27/02/2024

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2021Registered 05/11/2021

CompanyRankvs 21528+ SIC 56103 peers
38

Financial strength23th percentile among SIC peers · 6/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
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 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.

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 30/11/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£104k

Current Liabilities

£107k

Fixed Assets

£19k

9avg. employees+1

Balance Sheet

Assets less current liabilities£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97-£13k
20231.23-£5k
20221.97-£32k
20212.57+£31k
20203.89

Derived from filed accounts. Not audited figures.