Omega North East Limited
03296387
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 24/12/2025
Due 07/01/2027
Industry
Officers
director · Since 18/05/2020
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 4 other boards
director · Since 04/09/2023
GROUP OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 3 other boards
Persons with Significant Control
Omega Plastics (Holdings) Limited
Kingsway South, Team Valley Trading Estate, Gateshead, NE11 0JL
Reg: 15694079 · Companies House · Private Limited Company
Notified 29/10/2024
Former PSCs
Omega Plastics Group Limited
Ceased 29/10/2024
Charges6 outstanding
CHRISTOPHER SCOTT THOMPSON AS SECURITY TRUSTEE
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CompanyRankvs 1008+ SIC 22290 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of the timing of orders throughout 2025. The directors have stress tested their current forecasts, considering various scenarios, and remain confident on the company’s ability to continue as a going concern. The directors are confident that performance and cash flows can be managed do that the company can realise its assets and discharge its liabilities in the normal course of business. 
Key FinancialsYear ending 31/03/2025
Net Worth
£1.9M
Balance sheet strength
Cash
£100k
Cash in the bank
Profit Before Tax
-£191k
Bottom line earnings
Net Current Assets
£1.6M
Working capital
Current Assets
£4.3M
Current Liabilities
£2.7M
Fixed Assets
£1.0M
Debtors
£3.8M
Admin Expenses
£2.9M
Profit After Tax
-£302k
Tax at Year End
Director Loans(2019)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.57 | -£302k |
| 2024 | 1.48 | +£101k |
| 2023 | 1.25 | -£28k |
| 2022 | 1.45 | +£1.2M |
| 2020 | 1.17 | -£513k |
| 2019 | 1.19 | — |
Derived from filed accounts. Not audited figures.