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Area 15 Limited

04918673

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

CASTLETON MILL, LEEDS, LS12 2DS
Incorporated 01/10/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Steven Allison

secretary · Since 01/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 47 other boards

Mr Steven Allison

director · Since 01/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 47 other boards

Persons with Significant Control

Sound Action Limited

75–100% shares
75–100% votes
Appoint directors

1-5, Springfield Mount, Leeds, LS2 9NG

Reg: 6578890 · Companies Registry For England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/11/2003Registered 27/11/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/10/2003Registered 01/11/2003

CompanyRankvs 32896+ SIC 68209 peers
63

Financial strength96th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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32896Area 15 Limited
69
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£420

Cash in the bank

Net Current Assets

£244k

Working capital

Current Assets

£513k

Current Liabilities

£269k

Fixed Assets

£1.5M

Debtors

£513k

0avg. employees

Tax at Year End

Corp tax£22k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.91+£59k
20231.69+£29k
20221.79+£57k
20211.48+£38k
20201.28+£47k
20191.03+£96k
20180.35—

Derived from filed accounts. Not audited figures.