Eastern Credit Limited
04268426
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2025
unaudited abridged
Next accounts due
30/09/2027
Confirmation statement
Last: 10/08/2026
Due 24/08/2027
Industry
Officers
Former
corporate nominee secretary · Resigned 10/08/2001
corporate nominee director · Resigned 10/08/2001
Persons with Significant Control
Mr Derek Ivan Needham
British · England · Age 77
1 Blackfriars Court, Excalibur Road, Great Yarmouth, NR31 7RQ
Notified 01/07/2016
Mr Paul Needham
British · England · Age 50
1 Blackfriars Court, Excalibur Road, Great Yarmouth, NR31 7RQ
Notified 01/07/2016
Charges2 outstanding
DEREK IVAN NEEDHAM
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
1 BLACKFRIARS COURT EXCALIBUR ROAD
GREAT YARMOUTH
CompanyRankvs 15+ SIC 64910 peers77
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 20/02/2026
Net Worth
£17.7M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Net Current Assets
£22.8M
Working capital
Current Assets
£26.9M
Current Liabilities
£4.1M
Debtors
£24.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 6.57 | +£0 |
| 2025 | 6.57 | +£0 |
| 2025 | 6.57 | +£1.8M |
| 2024 | 6.03 | +£1.6M |
| 2023 | 6.37 | — |
Derived from filed accounts. Not audited figures.
Filing History85 filings
confirmation statement with updates
change to a person with significant control
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with updates
memorandum articles
resolution
capital allotment shares
capital alter shares redemption statement of capital
accounts with accounts type unaudited abridged
change person director company with change date
change person director company with change date
change person secretary company with change date
confirmation statement with updates
change registered office address company with date old address new address
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with updates
capital allotment shares
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
mortgage create with deed with charge number
annual return company with made up date full list shareholders
capital allotment shares
resolution
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
change registered office address company with date old address
change person director company with change date
accounts with accounts type small
annual return company with made up date full list shareholders
change person director company with change date
change person director company with change date
change person secretary company with change date
accounts with accounts type small
annual return company with made up date full list shareholders
change person director company with change date
change person director company with change date
accounts with accounts type total exemption small
legacy
accounts with accounts type total exemption small
accounts with accounts type total exemption small
legacy
legacy
legacy
legacy
resolution
legacy
accounts with accounts type total exemption small
legacy
accounts with accounts type total exemption small
legacy
legacy
legacy
legacy
accounts with accounts type total exemption small
accounts with accounts type total exemption small
legacy
legacy
accounts with accounts type total exemption small
legacy
legacy
legacy
legacy
legacy
legacy
legacy
legacy
legacy
incorporation company