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Joyce'S Palace Ltd

14080750

active
Private Limited Company
england wales
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

63 LONDON ROAD, CROYDON, CR0 2RF
Incorporated 02/05/2022

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 15/05/2025

Due 29/05/2026

On track

Industry

56290
Other food service activities

Officers

Ms Joyce Ampomah

director · Since 02/05/2022

COMPANY DIRECTOR

GHANAIAN · ENGLAND · Age 50

Persons with Significant Control

Ms Joyce Ampomah

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

Ghanaian · England · Age 50

63, London Road, Croydon, CR0 2RF

Notified 02/05/2022

CompanyRankvs 14112+ SIC 56290 peers
39

Financial strength19th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

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.

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 31/05/2024

Net Worth

-£3k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£38k

Current Liabilities

£45k

Fixed Assets

£5k

2avg. employees-1

Tax at Year End

VAT£1k

Balance Sheet

Assets less current liabilities-£2k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.83-£17k£29k
20231.54——

Derived from filed accounts. Not audited figures.