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Chatha North Limited

14413831

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

113A BELLGROVE ROAD, WELLING, DA16 3PG
Incorporated 12/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Jaswinder Singh Chatha

director · Since 12/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 5 other boards

Persons with Significant Control

Mr Jaswinder Singh Chatha

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 54

113a, Bellgrove Road, Welling, DA16 3PG

Notified 12/10/2022

Mr Manpreet Malhi

25–50% shares
25–50% votes

Indian · England · Age 36

113a, Bellgrove Road, Welling, DA16 3PG

Notified 01/10/2023

Charges2 outstanding

Charge
outstanding

PAPA JOHN'S (GB) LIMITED

Created 18/11/2022Registered 23/11/2022
Charge
outstanding

PAPA JOHN'S (GB) LIMITED

Created 18/11/2022Registered 23/11/2022

CompanyRankvs 19973+ SIC 56290 peers
14

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£160k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£234k

Working capital

Current Assets

£136k

Current Liabilities

£382k

Fixed Assets

£175k

0avg. employees-53

Balance Sheet

Assets less current liabilities-£60k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36-£119k
20230.39

Derived from filed accounts. Not audited figures.