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Arks Restaurants Limited

13746386

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

194-196 BURNT OAK BROADWAY, EDGWARE, HA8 0AS
Incorporated 16/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56210
Event catering activities
56290
Other food service activities
56302
Public houses and bars

Officers

Mr Morakinyo Alade Adagun

director · Since 16/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Bamidele Kale

director · Since 16/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Edward Soetan

director · Since 16/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Morakinyo Alade Adagun

Significant control

British · England · Age 60

194-196, Burnt Oak Broadway, Edgware, HA8 0AS

Notified 16/11/2021

Mr Bamidele Kale

Significant control

British · England · Age 55

194-196, Burnt Oak Broadway, Edgware, HA8 0AS

Notified 16/11/2021

Mr Edward Soetan

Significant control

British · England · Age 61

194-196, Burnt Oak Broadway, Edgware, HA8 0AS

Notified 16/11/2021

Former PSCs

Mr John Rockson

Ceased 13/05/2025

CompanyRankvs 14708+ SIC 56101 peers
48

Financial strength70th percentile among SIC peers · 18/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.48× · 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 strength18/25 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.

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 30/11/2024

Net Worth

£23k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£6k

Current Liabilities

£13k

Fixed Assets

£29k

Debtors

£2k

6avg. employees-1

Balance Sheet

Assets less current liabilities£23k
Signed by Mr Morakinyo Adagun Mr Bamidele Kale Mr Edward Soetan 12/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48+£6k
202310.88+£24k
20220.45

Derived from filed accounts. Not audited figures.