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Korean Kitchen Ltd

12631483

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

39 PILLING CLOSE, SOUTHPORT, PR9 9PL
Incorporated 29/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Taeyeop Kim

director · Since 29/05/2020

COMPANY DIRECTOR

SOUTH KOREAN · ENGLAND · Age 47

Ms Lynne Jennifer Monks

director · Since 29/05/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Taeyeop Kim

25–50% shares
25–50% votes
Appoint directors

South Korean · England · Age 47

39, Pilling Close, Southport, PR9 9PL

Notified 29/05/2020

Ms Lynne Jennifer Monks

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

39, Pilling Close, Southport, PR9 9PL

Notified 29/05/2020

CompanyRankvs 17071+ SIC 56101 peers
43

Financial strength26th percentile among SIC peers · 7/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.44× · 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.

Employees13/15 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 31/05/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£11k

Current Liabilities

£26k

Fixed Assets

£38k

17avg. employees+4

Balance Sheet

Assets less current liabilities£23k
Signed by Mrs L Monks 20 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£11k
20240.81-£3k
20230.99

Derived from filed accounts. Not audited figures.