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Restorehairclinics Limited

10372018

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

2ND FLOOR, LONDON, W1G 6AL
Incorporated 13/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Dr Raghu Ramakrishna Reddy

director · Since 13/09/2016

DOCTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Dr Raghu Ramakrishna Reddy

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
Significant control

British · England · Age 48

C/O Goldwyns London Llp, No.1 Royal Exchange, London, EC3V 3DG

Notified 13/09/2016

Charges4 outstanding

Charge
outstanding

BROWN SHIPLEY & CO LIMITED

Created 13/03/2023Registered 15/03/2023
Charge
outstanding

BROWN SHIPLEY & CO LIMITED

Created 14/05/2022Registered 25/05/2022
Charge
outstanding

HSBC BANK PLC

Created 13/03/2018Registered 17/03/2018
Charge
outstanding

EDINBURGH ALTERNATIVE FINANCE LIMITED (TRADING AS LENDING CROWD)

Created 16/10/2017Registered 03/11/2017

CompanyRankvs 621+ SIC 86220 peers
74

Financial strength100th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.41× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

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.

Longevity10/15 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

£6.0M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.0M

Current Liabilities

£317k

Fixed Assets

£3.7M

Debtors

£3.0M

5avg. employees

Tax at Year End(2023)

Corp tax£290k

Director Loans(2023)

Directors owe company£352k

Balance Sheet

Assets less current liabilities£6.3M
Signed by Dr R R Reddy 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20249.41+£879k
20233.85+£964k
20222.28+£1.0M
20215.17+£1.2M
20204.60+£556k
20194.14+£545k
20181.63

Derived from filed accounts. Not audited figures.