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Spice Court Ltd

13620812

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MAREHAM HOUSE MAREHAM LANE, SLEAFORD, NG34 0AS
Incorporated 14/09/2021

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 13/09/2025

Due 27/09/2026

On track

Industry

56101
Licensed restaurants
56302
Public houses and bars

Officers

Mr Narendran Rangaswamy Kulandaivelu

director · Since 14/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Narendran Rangaswamy Kulandaivelu

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

British · England · Age 44

Mareham House, Mareham Lane, Sleaford, NG34 0AS

Notified 14/09/2021

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/03/2022Registered 25/03/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/02/2022Registered 17/02/2022

CompanyRankvs 27805+ SIC 56101 peers
22

Financial strength5th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.05× · 2/20
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 strength1/25 pts

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

Employees9/15 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.

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 30/09/2024

Net Worth

-£171k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£260k

Working capital

Current Assets

£12k

Current Liabilities

£272k

Fixed Assets

£298k

7avg. employees-4

Balance Sheet

Assets less current liabilities£38k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£11k
20230.03-£113k
20220.13

Derived from filed accounts. Not audited figures.