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Spa Avondale Road Ltd

13552023

active
Private Limited Company
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, NORWICH, NR1 1BY
Incorporated 06/08/2021

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

Officers

Mr Sotiris Christophi

director · Since 06/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 13 other boards

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

CompanyRankvs 20602+ 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.