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Relax Inn Newcastle Ltd

15974938

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

13 MARY STREET, SUNDERLAND, SR1 3NH
Incorporated 24/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Erdzhan Muharem Veli

director · Since 24/09/2024

COMPANY DIRECTOR

BULGARIAN · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr Erdzhan Muharem Veli

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

Bulgarian · United Kingdom · Age 61

13, Mary Street, Sunderland, SR1 3NH

Notified 24/09/2024

CompanyRankvs 9898+ SIC 55100 peers
32

Financial strength18th percentile among SIC peers · 5/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees8/15 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.

Longevity2/15 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 31/08/2025

Net Worth

-£13k

Balance sheet strength

Cash

£221

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£221

Current Liabilities

£14k

2avg. employees

Balance Sheet

Assets less current liabilities-£13k

EstimatesDerived

YearCurrent Ratio
20250.02

Derived from filed accounts. Not audited figures.