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Lit'U'Ation Takeaway Limited

12992709

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

134 NEW CROSS ROAD, LONDON, SE14 5BA
Incorporated 03/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Wasiu Mustapha

director · Since 03/11/2020

DIRECTOR

NIGERIAN · ENGLAND · Age 32

Also on 3 other boards

Mr Sadiq Mohammed Nasir

director · Since 03/11/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 28

Persons with Significant Control

Mr Wasiu Mustapha

25–50% shares
25–50% votes

Nigerian · England · Age 32

134, New Cross Road, London, SE14 5BA

Notified 03/11/2020

Mr Sadiq Mohammed Nasir

25–50% shares
25–50% votes

British · United Kingdom · Age 28

134, New Cross Road, London, SE14 5BA

Notified 03/11/2020

Former PSCs

Zainab Issa

Ceased 06/10/2023

CompanyRankvs 30168+ SIC 56103 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.1× · 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.

Employees12/15 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 30/11/2024

Net Worth

-£58k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£118k

Working capital

Current Assets

£13k

Current Liabilities

£131k

Fixed Assets

£60k

Debtors

£3k

6avg. employees-4

Balance Sheet

Assets less current liabilities-£58k
Signed by Mr Sadiq Mohammed Nasir Mr Wasiu Mustapha 15/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£71k
20220.27+£1k
20210.13

Derived from filed accounts. Not audited figures.