# WASSELL CAFE LIMITED (10534085)

> WASSELL CAFE LIMITED is an active private limited company (company number 10534085) incorporated on 21 December 2016, registered in Cannock. Its registered activity is unlicenced restaurants and cafes (SIC 56102). Latest micro accounts cover the period ending 31 December 2024, showing net assets of −£39k, with 2 employees on average. Turnover was £17k and profit for the year −£9,742. Net assets fell 34% on the prior period (−£29k).

- Status: Active
- Incorporated: 2016-12-21
- Registered office: Cannock, WS11 0EJ
- SIC 56102: Unlicenced restaurants and cafes
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-01-04
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,031 comparable companies in Birmingham (median £100, upper quartile £9,152).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£39k | — | — | £60k | £17k | −£9,742 | 2 |
| 2023-12-31 | −£29k | — | — | £47k | £15k | −£4,995 | 2 |

current ratio 0.14; net margin -59.0%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-38,762 at 31 December 2024
- Net assets down 25% or more on the prior period: -33.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.14
- Incorporated five or more years ago: Incorporated 21 December 2016
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Paul Padmore — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-12-21
- Mrs Julie Yvonne Padmore — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-12-21

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10534085
HTML: https://firmoscan.com/company/10534085-wassell-cafe-limited