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The Thatch Restaurant Limited

13795162

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

24 SUFFOLK ROAD, LOWESTOFT, NR32 1DZ
Incorporated 10/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Andrew James Ling

director · Since 10/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Persons with Significant Control

Mr Andrew James Ling

75–100% shares
75–100% votes

British · England · Age 43

24 Suffolk Road, Lowestoft, NR32 1DZ

Notified 10/12/2021

CompanyRankvs 12690+ SIC 56101 peers
56

Financial strength73th percentile among SIC peers · 18/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
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.

Employees12/15 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 05/04/2025

Net Worth

£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£39k

Current Liabilities

£69k

Fixed Assets

£101k

14avg. employees

Balance Sheet

Assets less current liabilities£81k
Signed by Mr Andrew Ling 22nd May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£3k
20240.82+£758
20230.49

Derived from filed accounts. Not audited figures.