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Timeout Express Ltd

12522768

active
Private Limited Company
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

UNIT 1, LONDON, NW10 6EU
Incorporated 18/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Feras Al Dalate

director · Since 09/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Feras Al Dalate

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

British · England · Age 45

Unit 1, 26 Standard Road, London, NW10 6EU

Notified 09/05/2024

Former PSCs

Wessam Azat

Ceased 09/05/2024

CompanyRankvs 18488+ SIC 56102 peers
35

Financial strength26th percentile among SIC peers · 7/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.29× · 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 strength7/25 pts

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

Employees5/15 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 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£2k

Current Liabilities

£8k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£4k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29+£2k
20240.27+£2k
20230.09+£669
20220.25+£2k
20210.17

Derived from filed accounts. Not audited figures.