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Chopstix Stores Limited

13433275

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

29A KENTISH TOWN ROAD, LONDON, NW1 8NL
Incorporated 02/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Bassam Elia

director · Since 02/06/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 32 other boards

Mr Menashe Sadik

director · Since 02/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 43 other boards

Persons with Significant Control

Chopstix Group Ltd

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

136-144, Golders Green Road, London, NW11 8HB

Reg: 10702275 · Uk Register Of Companies · Private Company Limited By Shares

Notified 02/06/2021

Charges1 outstanding

Charge
outstanding

METRO BANK PLC

Created 08/03/2023Registered 23/03/2023

CompanyRankvs 229910+ SIC 56101 peers
17

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity5/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 23/04/2023

Turnover

£8.8M

Annual revenue

Net Worth

-£3.0M

Balance sheet strength

Cash

£426k

Cash in the bank

Net Current Assets

-£7.4M

Working capital

Current Assets

£1.2M

Current Liabilities

£8.6M

Fixed Assets

£4.6M

Debtors

£697k

Cost of Sales

£2.4M

Gross Profit

£6.4M

Admin Expenses

£8.6M

Operating Profit

-£2.2M

Profit After Tax

-£1.9M

267avg. employees

Balance Sheet

Assets less current liabilities-£2.7M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20230.14

Derived from filed accounts. Not audited figures.