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Romano'S Limited

03698887

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

63 FRONT STREET CLEADON, TYNE & WEAR, SR6 7PG
Incorporated 21/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Paolo Minchella

secretary · Since 25/01/1999

RESTAURANT

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Paolo Minchella

director · Since 25/01/1999

RESTAURATEUR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Anne Minchella

director · Since 01/09/2022

RESTAURATEUR

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Persons with Significant Control

Paolo Minchella

25–50% shares
25–50% votes

British · England · Age 69

2, Victoria Terrace, East Boldon, NE36 0RS

Notified 06/04/2016

Anne Minchella

50–75% shares
50–75% votes

British · United Kingdom · Age 72

31 West Meadows Road, Sunderland, SR6 7TU

Notified 31/08/2022

Former PSCs

Romano Antonio Minchella

Ceased 31/08/2022

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/03/1999Registered 07/04/1999

CompanyRankvs 237+ SIC 56101 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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237Romano'S Limited
87
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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.

Longevity15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£366k

Balance sheet strength

Cash

£559k

Cash in the bank

Net Current Assets

£329k

Working capital

Current Assets

£581k

Current Liabilities

£252k

Fixed Assets

£43k

Debtors

£8k

21avg. employees+3

Balance Sheet

Intangible assets£0
Assets less current liabilities£372k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.30-£50k
20232.81-£37k
20222.56—

Derived from filed accounts. Not audited figures.