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Radiance Hair And Beauty Academy Ltd

13047785

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

651A MAULDETH ROAD WEST, MANCHESTER, M21 7SA
Incorporated 27/11/2020

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 06/12/2025

Due 20/12/2026

On track

Industry

85590
Other education
96020
Hairdressing and other beauty treatment

Officers

Mrs Nabila Salman

director · Since 04/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Persons with Significant Control

Mrs Nabila Salman

75–100% shares

British · United Kingdom · Age 41

651a Mauldeth Road West, Chorlton, Manchester, M21 7SA

Notified 04/12/2020

Former PSCs

Mr Salman Zaheer

Ceased 04/12/2020

CompanyRankvs 28488+ SIC 85590 peers
34

Financial strength16th percentile among SIC peers · 4/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees7/15 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.

Longevity6/15 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 30/11/2024

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£3k

Current Liabilities

£6k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45-£5k
20231.67
20220.91

Derived from filed accounts. Not audited figures.