Rad Burger Ltd
12270100
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2019
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 1 other board
director · Since 18/10/2019
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 2 other boards
Persons with Significant Control
Mr Benjamin Sames Kelly
British · England · Age 37
31, Macdonald Parade, Whitstable, CT5 4SL
Notified 18/10/2019
CompanyRankvs 24142+ SIC 56103 peers36
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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
statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 2.2. 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
Key FinancialsYear ending 31/10/2024
Net Worth
-£7k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
-£34k
Working capital
Current Assets
£37k
Current Liabilities
£71k
Fixed Assets
£99k
Debtors
£11k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.52 | -£9k | £571k |
| 2023 | 0.93 | -£5k | £693k |
| 2022 | 1.00 | -£9k | £572k |
| 2021 | 1.63 | +£12k | £120k |
| 2020 | 1.64 | — | £176k |
Derived from filed accounts. Not audited figures.