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Gorse Restaurant Ltd

14678044

active
Private Limited Company
wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

186-188 KINGS ROAD, CARDIFF, CF11 9DF
Incorporated 20/02/2023

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

56101
Licensed restaurants

Officers

Mr Thomas David Waters

director · Since 20/02/2023

CHEF

WELSH · WALES · Age 35

Also on 1 other board

Persons with Significant Control

Mr Thomas David Waters

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

Welsh · Wales · Age 35

186-188, Kings Road, Cardiff, CF11 9DF

Notified 20/02/2023

Charges1 outstanding

Charge
outstanding

DBW INVESTMENTS (3) LTD

Created 27/02/2024Registered 27/02/2024

CompanyRankvs 23428+ SIC 56101 peers
30

Financial strength23th percentile among SIC peers · 6/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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23428Gorse Restaurant Ltd
36
How is this score calculated?
Financial strength6/25 pts

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

Employees10/15 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.

Longevity3/15 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 28/02/2025

Net Worth

-£14k

Balance sheet strength

Cash

£123k

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£132k

Current Liabilities

£150k

Fixed Assets

£96k

Debtors

£6k

8avg. employees+3

Director Loans

Company owes directors£18k

Balance Sheet

Assets less current liabilities£77k
Signed by Mr Thomas Waters 01/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88-£22k
20243.08—

Derived from filed accounts. Not audited figures.