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Gratitude Cafe Ltd

12479492

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10 DUKE STREET, TELFORD, TF1 1BJ
Incorporated 24/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr David Busby

director · Since 24/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mrs Michelle Busby

director · Since 24/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr David Busby

Appoint directors

British · United Kingdom · Age 46

10 Duke Street, Wellington, Telford, TF1 1BJ

Notified 24/02/2020

Mrs Michelle Busby

Appoint directors

British · United Kingdom · Age 46

10 Duke Street, Wellington, Telford, TF1 1BJ

Notified 24/02/2020

Former PSCs

Mr Adrian Hide

Ceased 21/01/2022

Mrs Mary Herber Davies

Ceased 21/01/2022

Mr Russell Mark Ball

Ceased 21/01/2022

CompanyRankvs 13500+ SIC 56102 peers
46

Financial strength27th percentile among SIC peers · 7/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.98× · 6/20
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 strength7/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 31/07/2025

Net Worth

-£3k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£240

Working capital

Current Assets

£13k

Current Liabilities

£13k

Fixed Assets

£794

Debtors

£2k

7avg. employees+1

Balance Sheet

Assets less current liabilities£554
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98-£18k
20242.32-£12k
20232.48+£471
20222.32+£13k
20211.18

Derived from filed accounts. Not audited figures.