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Mist Lounge Newcastle Ltd

11954943

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

72 BOROUGH ROAD, MIDDLESBROUGH, TS1 2JH
Incorporated 18/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Safraz Hussain

director · Since 18/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 13 other boards

Persons with Significant Control

Mr Safraz Hussain

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

British · England · Age 40

72, Borough Road, Middlesbrough, TS1 2JH

Notified 18/04/2019

Former PSCs

Mr Sargera Ahmed

Ceased 01/05/2019

CompanyRankvs 13983+ SIC 47190 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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13983Mist Lounge Newcastle Ltd
39
How is this score calculated?
Financial strength3/25 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.

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.

Longevity7/15 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 30/04/2025

Net Worth

-£18k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£21k

Current Liabilities

£70k

Fixed Assets

£32k

4avg. employees

Balance Sheet

Assets less current liabilities-£17k
Signed by 11954943 2024-05-01 2025-04-30 11954943 2025-04-30 11954943 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£13k
20240.31-£11k
20230.39+£20k
20220.16—

Derived from filed accounts. Not audited figures.