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People Arches Limited

14974754

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

24 HEATHCOTE AVENUE, ILFORD, IG5 0QS
Incorporated 03/07/2023

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Dawood Ibtehsam

director · Since 03/07/2023

MCDONALD'S FRANCHISEE

PAKISTANI · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Dawood Ibtehsam

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

Pakistani · England · Age 37

24, Heathcote Avenue, Ilford, IG5 0QS

Notified 03/07/2023

CompanyRankvs 18737+ SIC 56102 peers
26

Financial strength5th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 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.

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

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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling. Going concern The director has made an assessment of the company's ability to continue as a going concern for a period of at least twelve months from the date on which the financial statements we

Key FinancialsYear ending 31/12/2024

Net Worth

-£84k

Balance sheet strength

Cash

£132k

Cash in the bank

Net Current Assets

-£260k

Working capital

Current Assets

£156k

Current Liabilities

£416k

Fixed Assets

£1.2M

Debtors

£3k

77avg. employees

Tax at Year End

VAT£105k

Balance Sheet

Intangible assets£926k
Bank loans & overdrafts£768k
Assets less current liabilities£950k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioEst. Revenue
20240.37£2.1M

Derived from filed accounts. Not audited figures.