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Corals Cuisine Ltd

13511168

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20 THE SIDINGS, HATFIELD, AL10 9SR
Incorporated 14/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Terrie Stephenson

director · Since 14/07/2021

DIRE

BRITISH · UNITED KINGDOM · Age 48

CompanyRankvs 29936+ SIC 56101 peers
27

Financial strength10th percentile among SIC peers · 3/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£87k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£14k

Current Liabilities

£84k

Fixed Assets

£781

0avg. employees

Balance Sheet

Assets less current liabilities-£69k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£390
20230.13—

Derived from filed accounts. Not audited figures.