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Minhoco 48 Limited

12064819

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

26 MARKET STREET, NEWCASTLE UPON TYNE, NE1 6JE
Incorporated 24/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Babar Arshad

director · Since 24/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Mr Ambrish Vyas

director · Since 24/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr Ambrish Vyas

25–50% shares
25–50% votes

British · United Kingdom · Age 37

Unit 2, The View, Heber Street, Newcastle Upon Tyne, NE4 5TN

Notified 24/06/2019

Mr Babar Arshad

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Unit 2, The View, Heber Street, Newcastle Upon Tyne, NE4 5TN

Notified 24/06/2019

Mr Naveen Handa

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Unit 2, The View, Heber Street, Newcastle Upon Tyne, NE4 5TN

Notified 24/06/2019

CompanyRankvs 3255+ SIC 56102 peers
57

Financial strength84th percentile among SIC peers · 21/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.73× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3255Minhoco 48 Limited
66
How is this score calculated?
Financial strength21/25 pts

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

Employees4/15 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.

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

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

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 1.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Key FinancialsYear ending 30/06/2022

Net Worth

£30k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£66k

Working capital

Current Assets

£90k

Current Liabilities

£24k

Debtors

£89k

1avg. employees-2

Tax at Year End

Corp tax£7k
VAT£860

Balance Sheet

Assets less current liabilities£66k
Signed by Mr BABAR ARSHAD 17/03/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20223.73-£4k£17k
20213.95+£30k£43k
20203.71——

Derived from filed accounts. Not audited figures.