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Ly 968 Ltd

12016920

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

12 PERSHORE STREET, BIRMINGHAM, B5 4RX
Incorporated 24/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Taiwei Li

director · Since 16/03/2021

COMPANY DIRECTOR

CHINESE · UNITED KINGDOM · Age 41

Also on 1 other board

CompanyRankvs 22228+ SIC 56101 peers
37

Financial strength31th percentile among SIC peers · 8/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£32

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£3k

Current Liabilities

£10k

Fixed Assets

£83k

2avg. employees

Balance Sheet

Assets less current liabilities£77k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.35
20250.35
20243.49
2023Infinity+£22k
2022Infinity-£9k
20210.56-£6k
20200.36

Derived from filed accounts. Not audited figures.