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No.1 Elegance Salon Limited

11229368

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

THE ORCHARD, NEWCASTLE, ST5 0QW
Incorporated 28/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Iain Richard Finlay

director · Since 28/02/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Mrs Tracy Ann Finlay

director · Since 28/02/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Iain Richard Finlay

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

The Orchard, The Brampton, Newcastle, ST5 0QW

Notified 28/02/2018

Mrs Tracy Ann Finlay

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

The Orchard, The Brampton, Newcastle, ST5 0QW

Notified 28/02/2018

Charges1 outstanding

Charge
outstanding

IAIN RICHARD FINLAY AND TRACY ANN FINLAY AS TRUSTEES OF THE FINLAY PENSION SCHEME

Created 20/12/2024Registered 20/12/2024
Charge
satisfied

FINLAY PENSION SCHEME

Created 25/03/2022Registered 31/03/2022Satisfied 20/12/2024

CompanyRankvs 19713+ SIC 96020 peers
40

Financial strength97th percentile among SIC peers · 24/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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19713No.1 Elegance Salon Limited
50
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.

Employees1/15 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.

Longevity8/15 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 28/02/2026

Net Worth

£81k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£143k

Working capital

Current Assets

£90k

Current Liabilities

£233k

Fixed Assets

£225k

0avg. employees

Balance Sheet

Assets less current liabilities£81k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20260.38+£0
20260.38+£23k
20250.08+£25k
20240.19+£20k
20230.08—
20220.12—
20210.10—

Derived from filed accounts. Not audited figures.