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3 Square Meals Limited

14238988

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 MARKET SQUARE 10 MARKET SQUARE, PENZANCE, TR19 7HD
Incorporated 18/07/2022

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 19/01/2026

Due 02/02/2027

On track

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Kelly Lisa Gray

director · Since 18/07/2022

RESTAURANT MANAGER

BRITISH · UNITED KINGDOM · Age 45

Mr Thomas William Mcfadden

director · Since 18/07/2022

DIRECTOR

ENGLISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Thomas William Mcfadden

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

English · England · Age 45

10 Market Square, 10 Market Square, Penzance, TR19 7HD

Notified 18/07/2022

Kelly Lisa Gray

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

British · United Kingdom · Age 45

10 Market Square, 10 Market Square, Penzance, TR19 7HD

Notified 18/07/2022

Former PSCs

Mr Michael John Jennings

Ceased 04/11/2022

CompanyRankvs 17847+ SIC 56102 peers
31

Financial strength8th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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178473 Square Meals Limited
36
How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/07/2025

Net Worth

-£53k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£16k

Current Liabilities

£28k

Fixed Assets

£40k

Debtors

£774

15avg. employees

Balance Sheet

Intangible assets£39k
Assets less current liabilities£28k
Signed by Mr T Mcfadden,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£12k
20240.47-£79k
20230.46—

Derived from filed accounts. Not audited figures.