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Korat Thai Cuisine Limited

12435880

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

KORAT THAI CUISINE, UPMINSTER, RM14 2AD
Incorporated 31/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Martin Benedict Skelton

director · Since 31/01/2020

MANAGING DIRECTOR

IRISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Mrs Aphinya Skelton

secretary · Since 24/02/2020

Also on 1 other board

Mrs Aphinya Skelton

director · Since 14/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Martin Benedict Skelton

75–100% shares
50–75% votes
Appoint directors

Irish · United Kingdom · Age 64

Korat Thai Cuisine, 32 Corbets Tey Road, Upminster, RM14 2AD

Notified 31/01/2020

Former PSCs

Mrs Aphinya Skelton

Ceased 31/01/2020

CompanyRankvs 24004+ SIC 56101 peers
35

Financial strength9th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity6/15 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 31/01/2025

Net Worth

-£99k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£258k

Working capital

Current Assets

£4k

Current Liabilities

£269k

Fixed Assets

£163k

9avg. employees

Balance Sheet

Assets less current liabilities-£95k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£55k
20240.32+£8k
20230.29+£34k
20220.22

Derived from filed accounts. Not audited figures.