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Undercroft Mayfair Limited

14234645

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

THE BARBON BUILDINGS, LONDON, WC1R 4QH
Incorporated 14/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Martin Priestnall

director · Since 14/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 6 other boards

Persons with Significant Control

M3k2 Limited

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

34, Ely Place, London, EC1N 6TD

Reg: 14163215 · Uk Register Of Companies · Private Company Limited By Shares

Notified 14/07/2022

CompanyRankvs 26108+ SIC 56101 peers
34

Financial strength2th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.18× · 2/20
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 strength1/25 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.

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 31/07/2024

Net Worth

-£389k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£789k

Working capital

Current Assets

£176k

Current Liabilities

£965k

Fixed Assets

£404k

14avg. employees+14

Balance Sheet

Assets less current liabilities-£386k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£361k
20230.00

Derived from filed accounts. Not audited figures.