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Russo Hairdressing Limited

07356924

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

EXCEL HOUSE, BEDFORD, MK40 3HR
Incorporated 25/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Michele Terence Russo

director · Since 12/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mrs Michelle Russo

director · Since 01/01/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Michele Terence Russo

25–50% shares

British · England · Age 38

Excel House, 3 Duke Street, Bedford, MK40 3HR

Notified 12/04/2017

Former PSCs

Mr Francesco Russo

Ceased 16/01/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 10/06/2014Registered 14/06/2014
Charge
outstanding

LLOYDS BANK PLC

Created 05/02/2014Registered 08/02/2014

CompanyRankvs 4029+ SIC 96020 peers
61

Financial strength99th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

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 31/12/2024

Net Worth

£262k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£350

Current Liabilities

£38k

Fixed Assets

£367k

6avg. employees+2

Balance Sheet

Assets less current liabilities£329k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£15k
20230.03+£48k
20220.02+£36k
20210.11+£18k
20200.41+£14k
20190.04+£32k
20180.01

Derived from filed accounts. Not audited figures.