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Wearside Plumbing Supplies Limited

02937893

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

14 WILSON STREET NORTH, MONKWEARMOUTH, SR5 1BB
Incorporated 10/06/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mark John Smith

director · Since 06/10/2003

MANAGER

BRITISH · ENGLAND · Age 55

Michelle Gayle Stewart

secretary · Since 05/09/2005

ACCOUNTANT

BRITISH · Age 61

Ms Michelle Stewart

director · Since 10/02/2026

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Barry Sanderson (Property) Limited

75–100% shares
75–100% votes

Unit 5, Frontier Court, Sunderland, SR2 9TX

Reg: 05461186 · Companies House · Private Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr Barry Richard Sanderson

Ceased 26/04/2026

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 14/07/2017Registered 24/07/2017
charge
satisfied

HSBC BANK PLC

Created 15/06/2005Registered 16/06/2005Satisfied 18/06/2010
charge
satisfied

MIDLAND BANK PLC

Created 05/02/1999Registered 09/02/1999Satisfied 18/06/2010
charge
satisfied

MIDLAND BANK PLC

Created 20/02/1995Registered 22/02/1995Satisfied 18/06/2010

CompanyRankvs 130+ SIC 46740 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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130Wearside Plumbing Supplies Limited
86
How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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 31/05/2025

Net Worth

£725k

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

£525k

Working capital

Current Assets

£941k

Current Liabilities

£416k

Fixed Assets

£229k

Debtors

£408k

22avg. employees+3

Balance Sheet

Assets less current liabilities£754k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.26-£65k
20241.97-£54k
20232.28+£55k
20222.22+£78k
20212.15—

Derived from filed accounts. Not audited figures.