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Simplystay 102 Ltd

14116389

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

65 High Street, Lincoln, LN5 8AD
Incorporated 18/05/2022

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/04/2026

Due 15/04/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Sathavahana Reddy Vaddaram

director · Since 18/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 8 other boards

Sathavahana Reddy Vaddaram

director · Since 18/05/2022

British · England · Age 47

Persons with Significant Control

Mr Sathavahana Reddy Vaddaram

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

British · England · Age 47

65, High Street, Lincoln, LN5 8AD

Notified 18/05/2022

Change History

officer appointedVADDARAM, Sathavahana Reddy
2026-06-16
statusactive
2026-06-16

Active

typeltd
2026-06-16

Private Limited Company

address line165 High Street
2026-06-16

65 HIGH STREET

post townLincoln
2026-06-16

LINCOLN

CompanyRankvs 9943+ SIC 55100 peers
31

Financial strength5th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

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

Liquidity0/20 pts

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

Longevity4/15 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 31/03/2025

Net Worth

-£400k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£395k

Working capital

Current Assets

Current Liabilities

£395k

5avg. employees+4

Director Loans(2024)

Company owes directors£93k
Directors owe company£100

Balance Sheet

Assets less current liabilities-£395k
Signed by Mr Sathavahana Vaddaram 17/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£303k
2024-£95k
20230.06

Derived from filed accounts. Not audited figures.