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Spa Avondale Road Ltd

13552023

active
ltd
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

The Union Building, 51-59 Rose Lane, Norwich, NR1 1BY
Incorporated 06/08/2021

Previously known as

Spa Holdings 5 Ltd · until 15/12/2021

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 09/08/2025

Due 23/08/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Sotiris Christophi

director · Since 06/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 13 other boards

Sotiris Christophi

director · Since 06/08/2021

British · England · Age 54

Persons with Significant Control

Mr Sotiris Christophi

75–100% shares
75–100% votes

British · England · Age 54

The Union Building, 51-59 Rose Lane, Norwich, NR1 1BY

Notified 06/08/2021

Charges3 outstanding

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 23/08/2023Registered 25/08/2023
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 25/08/2023Registered 25/08/2023
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 10/07/2023Registered 17/07/2023

Change History

statusactive
2026-06-22

Active

typeltd
2026-06-22

Private Limited Company

address line1The Union Building
2026-06-22

THE UNION BUILDING

post townNorwich
2026-06-22

NORWICH

CompanyRankvs 20696+ SIC 68100 peers
57

Financial strength96th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 52.73× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/08/2024

Net Worth

£1.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.3M

Current Liabilities

£24k

Fixed Assets

£1.6M

0avg. employees

Balance Sheet

Assets less current liabilities£2.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202452.73+£35k
2023104.39

Derived from filed accounts. Not audited figures.