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Oolala Sushi Ltd

14425329

active
Private Limited Company
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

117A HIGH STREET, SOUTHEND-ON-SEA, SS1 1LQ
Incorporated 17/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Ms Yeon Joo Choi

director · Since 17/10/2022

DIRECTOR

SOUTH KOREAN · ENGLAND · Age 43

Persons with Significant Control

Ms Yeon Joo Choi

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

South Korean · England · Age 43

117a, High Street, Southend-On-Sea, SS1 1LQ

Notified 17/10/2022

CompanyRankvs 20365+ SIC 56102 peers
23

Financial strength5th percentile among SIC peers · 1/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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20365Oolala Sushi Ltd
32
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.

Employees11/15 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

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

, ENGLAND. 2 Guarantees and other financial commitments The Director has considered the profitability of the company. These may cast significant doubt upon the entity's ability to continue as a going concern. The Director is confident that the company will begin to make a profit following the recent formation of the company which will allow the company to continue as a going concern. The comp

Key FinancialsYear ending 31/10/2025

Net Worth

-£96k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£203k

Working capital

Current Assets

£21k

Current Liabilities

£224k

Fixed Assets

£109k

6avg. employees-1

Balance Sheet

Assets less current liabilities-£94k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09-£22k
20240.15-£15k
20230.18—

Derived from filed accounts. Not audited figures.