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Ethnic Bar Ltd

14984030

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

UNIT 29, LOUGHBOROUGH TECHNOLOGY CENTRE, LOUGHBOROUGH, LE11 3GE
Incorporated 06/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Nimesh Shah

director · Since 06/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 8 other boards

Mr Ravi Sharma

director · Since 06/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Nimesh Shah

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 39

Unit 29, Loughborough Technology Centre, Epinal Way, Loughborough, LE11 3GE

Notified 06/07/2023

Mr Ravi Sharma

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

British · England · Age 36

Unit 29, Loughborough Technology Centre, Epinal Way, Loughborough, LE11 3GE

Notified 06/07/2023

CompanyRankvs 25374+ SIC 56103 peers
41

Financial strength18th percentile among SIC peers · 5/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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25374Ethnic Bar Ltd
40
How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/07/2024

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£113k

Current Liabilities

£81k

2avg. employees

Balance Sheet

Assets less current liabilities£32k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20241.39

Derived from filed accounts. Not audited figures.