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Khasa Restaurant Ltd

12304809

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2 QUEEN STREET, NEWCASTLE UPON TYNE, NE1 3UG
Incorporated 08/11/2019

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Chand Singh Khasa

director · Since 08/11/2019

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mr Chand Singh Khasa

Significant control

British · United Kingdom · Age 53

9 Fulbrook Road, Newcastle Upon Tyne, NE3 3TQ

Notified 08/11/2019

CompanyRankvs 7295+ SIC 56101 peers
66

Financial strength71th percentile among SIC peers · 18/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.71× · 16/20
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 strength18/25 pts

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

Employees10/15 pts

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

Liquidity16/20 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 30/11/2024

Net Worth

£24k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£68k

Current Liabilities

£40k

Fixed Assets

£86k

Profit After Tax

£10k

9avg. employees-2

Tax at Year End

Corp tax£3k
VAT£7k

People Costs

Wages & salaries£88k

Balance Sheet

Intangible assets£70k
Assets less current liabilities£115k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.71+£11k£137k
20232.47+£10k£160k
20222.39-£11k
20210.46+£8k
20200.50

Derived from filed accounts. Not audited figures.