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Namak Restaurant Ltd

12897062

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

LOWER GROUND FLOOR WEST, LONDON, W1U 5EW
Incorporated 22/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Ramandeep Singh

director · Since 08/06/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 5 other boards

Persons with Significant Control

Mr Ramandeep Singh

50–75% shares

British · United Kingdom · Age 44

Lower Ground Floor West, 17 Nottingham Street, London, W1U 5EW

Notified 08/06/2023

Former PSCs

Mr Iqbal Ahamad

Ceased 29/04/2024

Mr Najmul Hoda Khan

Ceased 21/07/2022

Mr Hardik Ishvarlal Dhinoja

Ceased 24/06/2024

CompanyRankvs 25087+ SIC 56101 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.35× · 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 strength1/25 pts

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

Employees11/15 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 30/09/2024

Net Worth

-£201k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£73k

Current Liabilities

£206k

Fixed Assets

£110k

10avg. employees+6

Balance Sheet

Assets less current liabilities-£24k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35-£129k
20230.74-£67k
20220.00

Derived from filed accounts. Not audited figures.