The Algarve Restaurant Ltd
12210257
Notable Risks
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2022
total exemption full
Next accounts due
31/07/2024
Confirmation statement
Last: 20/04/2023
Due 04/05/2024
Industry
Officers
Former
director · Resigned 20/04/2023
Persons with Significant Control
Mr Simon Jonathan Lancer
British · United Kingdom · Age 61
84a, Lancaster Road, Enfield, EN2 0BX
Notified 20/04/2023
Former PSCs
Ms Barbara Katarzyna Jurasz
Ceased 20/04/2023
Mr Pedro Manuel Fernandes Do Vale E Silva
Ceased 20/04/2023
Change History
Active - Proposal to Strike off
Private Limited Company
84A LANCASTER ROAD
ENFIELD
CompanyRankvs 33117+ SIC 56101 peers19
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2022
Net Worth
-£80k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£79k
Working capital
Current Assets
£29k
Current Liabilities
£108k
Fixed Assets
£23k
Debtors
£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.27 | -£79k |
| 2021 | 1.09 | +£12k |
| 2020 | 0.81 | — |
Derived from filed accounts. Not audited figures.
Filing History21 filings
dissolution voluntary strike off suspended
gazette notice voluntary
dissolution application strike off company
accounts with accounts type total exemption full
change registered office address company with date old address new address
confirmation statement with updates
appoint person director company with name date
appoint person director company with name date
notification of a person with significant control
termination director company with name termination date
cessation of a person with significant control
cessation of a person with significant control
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
change account reference date company previous extended
confirmation statement with no updates
notification of a person with significant control
change registered office address company with date old address new address
incorporation company