Back to search

North Eastern Composites Limited

03967100

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
64 / 100

Some Concerns

30/30
Filing
20/30
Financial
14/40
Risk
  • Active insolvency proceedings (-20)
  • 3 outstanding charges (-6)

Details

UNIT 3 SOUTH NELSON ROAD, CRAMLINGTON, NE23 1WF
Incorporated 07/04/2000

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 02/04/2026

Due 16/04/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Clive Hannam

director · Since 07/04/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Mark Allan Todd

director · Since 07/11/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Mrs Sharon Elizabeth Williamson

director · Since 08/10/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Clive Hannam

Significant control

British · United Kingdom · Age 81

Unit 3, South Nelson Road, Cramlington, NE23 1WF

Notified 01/06/2016

Mr Mark Allan Todd

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 53

Unit 3, South Nelson Road, Cramlington, NE23 1WF

Notified 01/06/2016

Mrs Sharon Elizabeth Williamson

25–50% shares
25–50% votes

British · England · Age 59

Unit 3, South Nelson Road, Cramlington, NE23 1WF

Notified 01/08/2016

Charges3 outstanding

A registered charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/11/2024Registered 03/07/2026Satisfied 03/07/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/11/2024Registered 29/11/2024
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 29/10/2024Registered 30/10/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/09/2024Registered 20/09/2024
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 24/06/2019Registered 03/07/2019Satisfied 18/11/2024
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 31/10/2014Registered 07/11/2014Satisfied 07/06/2024

Insolvency History1 case

corporate voluntary arrangement

Steven Phillip Ross (practitioner) · Allan David Kelly (practitioner)

CompanyRankvs 2085+ SIC 32990 peers
58

Financial strength86th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
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.

Liquidity12/20 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 31/05/2026

Net Worth

£627k

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

£500k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.1M

Fixed Assets

£179k

Debtors

£1.3M

44avg. employees+86
Prepared with v2026.31.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20261.44+£212k
20251.30+£149k
20241.16+£542k
20231.05—

Derived from filed accounts. Not audited figures.