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I Love Chai Ltd

14879264

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)

Details

133 HIGH STREET, COLCHESTER, CO1 1SP
Incorporated 18/05/2023

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Waqar Ahmed

director · Since 18/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Muhammad Ashraf

director · Since 01/01/2024

COMPANY DIRECTOR

PAKISTANI · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Waqar Ahmed

25–50% shares
25–50% votes

British · United Kingdom · Age 51

14/2g Docklands Business Centre, 10-16 Tiller Road, London, E14 8PX

Notified 18/05/2023

Mr Muhammad Ashraf

25–50% shares

Pakistani · England · Age 61

14/2g Docklands Business Centre, 10-16 Tiller Road, London, E14 8PX

Notified 19/02/2024

Former PSCs

Mr Muhammad Ashraf

Ceased 18/05/2023

CompanyRankvs 18716+ SIC 56102 peers
39

Financial strength25th percentile among SIC peers · 6/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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18716I Love Chai Ltd
35
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.

Employees9/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£5k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£15k

Current Liabilities

£20k

4avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£0
20250.73—

Derived from filed accounts. Not audited figures.