Back to search

Cretan Ltd

13942897

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

107 HIGH STREET, STOURBRIDGE, DY8 1EE
Incorporated 27/02/2022

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 Michail Charkoutsakis

director · Since 27/02/2022

MANAGING DIRECTOR

GREEK · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Mr Michail Charkoutsakis

25–50% shares
25–50% votes
Appoint directors

Greek · England · Age 43

107, High Street, Stourbridge, DY8 1EE

Notified 27/02/2022

Mr Charidimos Papadogiannakis

25–50% shares
25–50% votes
Appoint directors

Greek · Greece · Age 42

107, High Street, Stourbridge, DY8 1EE

Notified 11/07/2022

CompanyRankvs 24313+ SIC 56101 peers
34

Financial strength17th percentile among SIC peers · 4/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Court Hotel (Bromley) Limited(The)
90
2Wilton(St.James'S)Limited
90
3Oakscliff
90
4Fence Gate Limited
90
5Wyboston Lakes Limited
90
6Miacarla Limited
90
7Lloyd Davenport (Leisure) Limited
90
8Briar Court Hotel Limited
90
9Salts Estates Limited
90
10Modvet Limited
90
24313Cretan Ltd
34
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.

Employees9/15 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.

Longevity4/15 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 29/02/2024

Net Worth

-£36k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£34k

Current Liabilities

£93k

Fixed Assets

£23k

8avg. employees

Tax at Year End(2023)

VAT£8k

Director Loans(2023)

Company owes directors£11k

Balance Sheet

Assets less current liabilities-£36k
Signed by Mr Michail Charkoutsakis 28/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.36-£7k—
20230.39—£164k

Derived from filed accounts. Not audited figures.