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Canal No 5 Limited

12826130

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

GROUND FLOOR, 111 CORNWALLIS ROAD, LONDON, N19 4LQ
Incorporated 20/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Martin Joseph Savage

director · Since 20/08/2020

DIRECTOR

IRISH · ENGLAND · Age 64

Also on 12 other boards

Persons with Significant Control

Mr Martin Joseph Savage

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

Irish · England · Age 64

61, Prince George Road, London, N16 8DL

Notified 20/08/2020

CompanyRankvs 7334+ SIC 56101 peers
65

Financial strength58th percentile among SIC peers · 14/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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7334Canal No 5 Limited
61
How is this score calculated?
Financial strength14/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/08/2021

Net Worth

£5k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£32k

Current Liabilities

£17k

Debtors

£26k

25avg. employees

Balance Sheet

Assets less current liabilities£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20211.88

Derived from filed accounts. Not audited figures.