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K Food London Ltd

13003135

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3 LANARK PLACE, LONDON, W9 1BT
Incorporated 06/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Jae Ho Cho

director · Since 06/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 6 other boards

Persons with Significant Control

Jae Ho Cho

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 47

25 Leith Mansions, Grantully Road, London, W9 1LQ

Notified 06/11/2020

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/06/2023Registered 22/06/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/02/2023Registered 10/02/2023

CompanyRankvs 3068+ SIC 56101 peers
63

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£302k

Cash in the bank

Net Current Assets

£405k

Working capital

Current Assets

£1.3M

Current Liabilities

£916k

Fixed Assets

£1.8M

Debtors

£590k

200avg. employees+96

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£639k
Assets less current liabilities£2.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44+£540k
20231.31+£338k
20222.14+£230k
20213.07

Derived from filed accounts. Not audited figures.