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New Sydco Ltd

11427862

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

197 WHITLEY ROAD, WHITLEY BAY, NE26 2DN
Incorporated 21/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Syed Hassan Ahmed

director · Since 21/06/2018

DIRECTOR

BANGLADESHI · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Mr Syed Hassan Ahmed

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

Bangladeshi · England · Age 57

197 Whitley Road, Whitley Bay, NE26 2DN

Notified 26/03/2023

Former PSCs

Mr Syed Hassan Ahmed

Ceased 01/12/2021

Mr Ashraf Ali

Ceased 26/03/2023

CompanyRankvs 3715+ SIC 56290 peers
63

Financial strength72th percentile among SIC peers · 18/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.32× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 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.

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.

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

Key FinancialsYear ending 30/06/2026

Net Worth

£8k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£46k

Current Liabilities

£14k

Fixed Assets

£19k

Debtors

£3k

0avg. employees

Balance Sheet

Bank loans & overdrafts£43k
Assets less current liabilities£51k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20263.32+£0
20243.32-£21k
20236.37

Derived from filed accounts. Not audited figures.