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Chairs Group Ltd

13600978

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 LEOPOLD ROAD, LONDON, SW19 7BD
Incorporated 03/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Erkan Altun

director · Since 17/07/2025

DIRECTOR

TURKISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Erkan Altun

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

Turkish · England · Age 42

20, Leopold Road, London, SW19 7BD

Notified 17/07/2025

Former PSCs

Mr Tolga Onur

Ceased 16/02/2023

Mr Serdar Yilmaz

Ceased 17/07/2025

Mr Erkan Altun

Ceased 17/02/2025

CompanyRankvs 26100+ SIC 56101 peers
38

Financial strength16th percentile among SIC peers · 4/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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26100Chairs Group Ltd
33
How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2024

Net Worth

-£38k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£33k

Current Liabilities

£56k

Fixed Assets

£8k

Debtors

£20k

6avg. employees

Balance Sheet

Bank loans & overdrafts£22k
Assets less current liabilities-£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58-£28k
20230.67+£11k
20220.58—

Derived from filed accounts. Not audited figures.