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Chapel Works Limited

01218317

active
ltd
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Chapel Works Front Street, Burnopfield, Newcastle Upon Tyne, NE16 6LX
Incorporated 03/07/1975

Previously known as

Capital Watch Accessories Limited · until 08/10/2012
Myrox Limited · until 31/12/1976

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

46480
Wholesale of watches and jewellery

Officers

Maureen Anderson

director · Since 31/12/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 85

Also on 1 other board

Michael Christopher Anderson

secretary · Since 26/04/2006

BRITISH · Age 46

Maureen Anderson

director

British · United Kingdom · Age 85

Michael Christopher Anderson

secretary · Since 26/04/2006

British

Former

David Anderson

director · Resigned 26/04/2006

Maureen Anderson

secretary · Resigned 22/11/2007

Persons with Significant Control

Maureen Anderson

Significant control

British · United Kingdom · Age 85

Chapel Works Front Street, Newcastle Upon Tyne, NE16 6LX

Notified 01/12/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 27/06/1985Registered 05/07/1985
charge
outstanding

BARCLAYS BANK PLC

Created 03/05/1978Registered 19/05/1978

Change History

statusactive
2026-07-28

Active

typeltd
2026-07-28

Private Limited Company

address line1Chapel Works Front Street
2026-07-28

CHAPEL WORKS FRONT STREET

post townNewcastle Upon Tyne
2026-07-28

NEWCASTLE UPON TYNE

officer appointedANDERSON, Michael Christopher
2026-07-28
officer appointedANDERSON, Maureen
2026-07-28

CompanyRankvs 1354+ SIC 46480 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity15/15 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 31/03/2025

Net Worth

-£316k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£4k

Current Liabilities

£80k

Fixed Assets

£3

0avg. employees

Balance Sheet

Assets less current liabilities-£75k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05-£2k
20240.08-£642
20230.08

Derived from filed accounts. Not audited figures.