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Joy Brands Limited

13740620

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

46 CASTLE STREET, HIGH WYCOMBE, HP13 6RG
Incorporated 12/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56103
Take-away food shops and mobile food stands

Officers

Mr Mizan Syed

director · Since 14/11/2025

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Exultant Holdings Limited

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

46, Castle Street, High Wycombe, HP13 6RG

Reg: 11139878 · Companies House · Limited Company

Notified 14/11/2025

Former PSCs

The Chesterford Group Limited

Ceased 14/11/2025

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/04/2022Registered 26/04/2022

CompanyRankvs 22538+ SIC 56101 peers
17

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.09× · 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

As such they have identified a material uncertainty in respect of going concern. 2.3 Revenue Revenue consists of sales of food and beverages which is recognised at the point of sale and measured at the fair value of the consideration received or receivable, excluding discounts,

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.8M

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

-£4.6M

Working capital

Current Assets

£470k

Current Liabilities

£5.1M

Fixed Assets

£3.2M

Debtors

£346k

105avg. employees+12

Balance Sheet

Intangible assets£21k
Bank loans & overdrafts£39k
Assets less current liabilities-£1.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£882k
20230.23-£711k
20220.33

Derived from filed accounts. Not audited figures.