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Ready To Dine Limited

13759159

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

ASPEN HOUSE, ALDRIDGE, WS9 0PQ
Incorporated 22/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Manjit Singh Rai

director · Since 17/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Manjit Singh Rai

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

British · England · Age 55

2, Moreton Avenue, Birmingham, B43 7QS

Notified 17/11/2023

Former PSCs

Harkers Associates Limited

Ceased 14/05/2022

Mr Rajinder Singh Bansal

Ceased 17/11/2023

CompanyRankvs 20275+ SIC 56102 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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20275Ready To Dine Limited
32
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.

Employees11/15 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

-£298k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

£104k

Current Liabilities

£214k

Fixed Assets

£138k

6avg. employees+6

Balance Sheet

Assets less current liabilities£41k
Signed by Mr MANJIT SINGH RAI 01/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£92k
20230.81-£160k
20220.37—

Derived from filed accounts. Not audited figures.