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New Palace Restaurant Ltd

15297112

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

79 WATERLOO ROAD, STOKE-ON-TRENT, ST6 2EN
Incorporated 20/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants
56102
Unlicensed restaurants and cafes

Officers

Mr Yasin Mohammed

director · Since 20/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Yasin Mohammed

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

British · England · Age 43

51, Mulgrave Street, Stoke-On-Trent, ST1 5EP

Notified 20/11/2023

CompanyRankvs 6717+ SIC 56101 peers
63

Financial strength76th percentile among SIC peers · 19/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 21.78× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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6717New Palace Restaurant Ltd
62
How is this score calculated?
Financial strength19/25 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.

Liquidity20/20 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 30/11/2024

Net Worth

£37k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£12k

Current Liabilities

£571

Fixed Assets

£25k

3avg. employees

Balance Sheet

Assets less current liabilities£37k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202421.78

Derived from filed accounts. Not audited figures.