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Lara (North East) Ltd

12349370

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

66 SADDLER STREET, DURHAM, DH1 3PG
Incorporated 05/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Halil Olmez

director · Since 05/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Mustafa Oner

director · Since 05/12/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Persons with Significant Control

Mr Halil Olmez

25–50% shares
25–50% votes

British · England · Age 51

6, Coleridge Road, Sunderland, SR5 3PP

Notified 05/12/2019

Mr Mustafa Oner

25–50% shares
25–50% votes

British · United Kingdom · Age 69

Flat 2, 71 Great Titchfield Street, London, W1W 6RB

Notified 05/12/2019

CompanyRankvs 6593+ SIC 56101 peers
63

Financial strength71th percentile among SIC peers · 18/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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6593Lara (North East) Ltd
62
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.

Employees11/15 pts

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

Liquidity12/20 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 31/12/2021

Net Worth

£25k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£60k

Current Liabilities

£46k

Fixed Assets

£81k

10avg. employees

Balance Sheet

Assets less current liabilities£95k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20211.32

Derived from filed accounts. Not audited figures.