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Chef Smith Catering Ltd

12517857

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE WAUNWYLLT, LLANELLI, SA15 5AQ
Incorporated 16/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Ms Michelle Swift

director · Since 24/07/2020

MANAGER

WELSH · WALES · Age 39

Persons with Significant Control

Ms Michelle Swift

75–100% shares

Welsh · Wales · Age 39

Waun Wyllt Country Inn, Five Roads, Llanelli, SA15 5AQ

Notified 04/05/2021

Former PSCs

Mr Robert Liam Smith

Ceased 04/05/2021

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 28/09/2021Registered 19/10/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 28/09/2021Registered 19/10/2021

CompanyRankvs 15265+ SIC 56302 peers
28

Financial strength22th percentile among SIC peers · 6/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees9/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£18k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£302k

Working capital

Current Assets

£13k

Current Liabilities

£316k

Fixed Assets

£518k

7avg. employees+2

Balance Sheet

Bank loans & overdrafts£234k
Assets less current liabilities£216k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£21k
20240.02+£45
20230.74

Derived from filed accounts. Not audited figures.