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Primo Pizza Newcastle Limited

11430380

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

165 KIRKWOOD DRIVE, NEWCASTLE UPON TYNE, NE3 3BE
Incorporated 25/06/2018

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 29/05/2025

Due 12/06/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Eduard Balayan

director · Since 25/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr David Papikyan

director · Since 25/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Eduard Balayan

25–50% shares
25–50% votes

British · United Kingdom · Age 55

42 Redland Avenue, Newcastle Upon Tyne, NE3 3LH

Notified 25/06/2018

Mr David Papikyan

25–50% shares
25–50% votes

British · United Kingdom · Age 49

6 Warkworth Close, Washington, NE38 0JL

Notified 25/06/2018

CompanyRankvs 11918+ SIC 56101 peers
57

Financial strength77th percentile among SIC peers · 19/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.87× · 6/20
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 strength19/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/06/2025

Net Worth

£42k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£24k

Current Liabilities

£27k

Fixed Assets

£62k

Debtors

£1k

7avg. employees

Balance Sheet

Assets less current liabilities£59k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£565
20241.31+£8k
20231.67+£6k
20221.81-£6k
20212.70+£30k
20200.36+£3k
20190.22

Derived from filed accounts. Not audited figures.