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New Wave Restaurants Limited

12719673

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

MACKIE MAYOR MARKET, MANCHESTER, M4 5BU
Incorporated 05/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Phillip Cook

director · Since 05/07/2020

CHEF

BRITISH · ENGLAND · Age 40

Mr Matthew Gerald Walsh

director · Since 05/07/2020

RESTAURANT OWNER

BRITISH · ENGLAND · Age 38

Mr Elliott James Williams

director · Since 22/07/2023

MUSICIAN

ENGLISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Matthew Gerald Walsh

25–50% shares
25–50% votes

British · England · Age 38

Mackie Mayor Market, Eagle Street, Manchester, M4 5BU

Notified 05/07/2020

Mr Phillip Cook

25–50% shares
25–50% votes

British · England · Age 40

Mackie Mayor Market, Eagle Street, Manchester, M4 5BU

Notified 05/07/2020

CompanyRankvs 8094+ SIC 56103 peers
66

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.78× · 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 strength24/25 pts

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

Employees15/15 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 31/03/2025

Net Worth

£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£174k

Current Liabilities

£223k

Fixed Assets

£150k

21avg. employees

Balance Sheet

Total assets£356k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£74k
20240.50-£65k
20231.65+£9k
20221.99+£41k
20211.47

Derived from filed accounts. Not audited figures.