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East Durham Business Service Ltd.

02050252

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Insolvency history
Health Score
53 / 100

Notable Risks

25/30
Filing
10/30
Financial
18/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

NOVUS BUSINESS CENTRE, INDUSTRIAL ESTATE PETERLEE, SR8 2QJ
Incorporated 27/08/1986

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 08/03/2025

Due 22/03/2026

Overdue

Industry

96090
Other personal service activities

Officers

Mr Ian West

director · Since 11/05/2006

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 54

Councillor Neil Crowther Foster

director · Since 01/11/2009

LOCAL GOVERNMENT

BRITISH · BRITISH · Age 65

Also on 2 other boards

Persons with Significant Control

Councillor Neil Crowther Foster

significant-influence-or-control-as-firm

British · British · Age 65

51, Keswick Drive, Spennymoor, DL16 6EQ

Notified 06/04/2016

Mr Ian West

significant-influence-or-control-as-firm

British · United Kingdom · Age 54

7, Greenmount, Houghton Le Spring, DH4 5FB

Notified 06/04/2016

Former PSCs

Mr Christopher David Fairs

Ceased 30/11/2019

Mr William Marley

Ceased 10/05/2017

Mr Peter Hardy

Ceased 13/02/2026

Ms Suzanne Duncan

Ceased 19/09/2024

Mr Ian Mclean

Ceased 01/04/2020

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 05/11/2012Registered 10/11/2012

Insolvency History1 case

creditors voluntary liquidation30/04/2026

CompanyRankvs 56445+ SIC 96090 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

Employees14/15 pts

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

Liquidity6/20 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2023

Net Worth

-£71k

Balance sheet strength

Cash

£76

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£71k

Current Liabilities

£123k

Fixed Assets

£6k

Debtors

£71k

5avg. employees-1

Balance Sheet

Assets less current liabilities-£46k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.58-£19k
20220.80+£16k
20210.75-£75k
20190.65-£6k
20170.65

Derived from filed accounts. Not audited figures.