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Seven Hills70 Ltd

11713839

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PARSONS MEDE CHURCH ROAD, NORWICH, NR14 7PB
Incorporated 05/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
85590
Other education
86220
Specialist medical practice activities

Officers

Dr Vamsi Ramana Velchuru

director · Since 05/12/2018

DOCTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mrs Sireesha Bollineni

director · Since 15/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mrs Sireesha Bollineni

75–100% shares
75–100% votes
Appoint directors

British · England · Age 56

Parsons Mede, Church Road, Norwich, NR14 7PB

Notified 05/12/2018

Charges2 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 24/04/2019Registered 24/04/2019
Charge
outstanding

ONESAVINGS BANK PLC

Created 28/03/2019Registered 28/03/2019

CompanyRankvs 106492+ SIC 68100 peers
33

Financial strength9th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

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 31/12/2023

Net Worth

-£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£14k

Current Liabilities

£21k

Fixed Assets

£495k

2avg. employees

Balance Sheet

Assets less current liabilities£488k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.68+£3k
20220.07+£1k
20210.51+£9k
20200.00+£9k
20190.01

Derived from filed accounts. Not audited figures.