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Stephenson Quarter Developments Limited

05076879

active
ltd
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

Boiler Shop 20 South Street, Stephenson Quarter, Newcastle Upon Tyne, NE1 3PE
Incorporated 17/03/2004

Previously known as

Dawnflag Limited · until 07/06/2004

Compliance

Last accounts

28/06/2025

full

Next accounts due

28/03/2027

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

41100
Development of building projects

Officers

William David Clouston

director · Since 30/03/2004

British · United Kingdom · Age 80

Former

London Law Services Limited

corporate nominee director · Resigned 30/03/2004

London Law Secretarial Limited

corporate nominee secretary · Resigned 30/03/2004

Robert Ian Stewart

secretary · Resigned 01/06/2004

John Thompson Ions

secretary · Resigned 30/09/2006

John Thompson Ions

director · Resigned 31/12/2006

Robert Ian Stewart

director · Resigned 09/11/2013

Michelle Frances Percy

director · Resigned 30/09/2016

Alan Donald Schofield

director · Resigned 28/11/2017

Alan Donald Schofield

secretary · Resigned 28/11/2017

Martyn Bowes

director · Resigned 09/03/2020

Persons with Significant Control

Mr William David Clouston

75–100% shares

British · United Kingdom · Age 80

Boiler Shop, 20 South Street, Newcastle Upon Tyne, NE1 3PE

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

THE COUNCIL OF THE CITY OF NEWCASTLE UPON TYNE

Created 28/03/2025Registered 03/04/2025
Charge
outstanding

THE NEWCASTLE UPON TYNE, NORTH TYNESIDE AND NORTHUMBERLAND COMBINED AUTHORITY

Created 16/02/2021Registered 01/03/2021
Charge
outstanding

THE DURHAM, GATESHEAD, NEWCASTLE UPON TYNE, NORTH TYNESIDE, NORTHUMBERLAND, SOUTH TYNESIDE AND

Created 22/12/2015Registered 29/12/2015
charge
satisfied

HSBC BANK PLC

Created 26/09/2008Registered 03/10/2008Satisfied 09/12/2015
charge
satisfied

HSBC BANK PLC

Created 19/03/2008Registered 22/03/2008Satisfied 09/12/2015
charge
satisfied

HSBC BANK PLC

Created 17/12/2007Registered 21/12/2007Satisfied 09/12/2015
charge
satisfied

HSBC BANK PLC

Created 17/12/2007Registered 21/12/2007Satisfied 09/12/2015
charge
satisfied

HSBC BANK PLC

Created 17/12/2007Registered 21/12/2007Satisfied 09/12/2015
charge
satisfied

BARCLAYS BANK PLC (THE SECURITY TRUSTEE)

Created 07/05/2004Registered 12/05/2004Satisfied 21/12/2007

Change History

officer appointedCLOUSTON, William David
2026-06-04
statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Boiler Shop 20 South Street
2026-06-04

BOILER SHOP 20 SOUTH STREET

post townNewcastle Upon Tyne
2026-06-04

NEWCASTLE UPON TYNE

CompanyRankvs 64062+ SIC 41100 peers
14

Financial strength0th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.2 to the financial statements, which sets out that the Company's ability to continue as a going concern is dependent upon the availability of both short term

Key FinancialsYear ending 28/06/2025

Turnover

£3.2M

Annual revenue

Net Worth

-£6.2M

Balance sheet strength

Cash

£69k

Cash in the bank

Profit Before Tax

£4.3M

Bottom line earnings

Net Current Assets

-£8.4M

Working capital

Current Assets

£125k

Current Liabilities

£8.5M

Fixed Assets

£2.2M

Debtors

£33k

Cost of Sales

£2.1M

Gross Profit

£1.1M

Admin Expenses

£1.1M

Operating Profit

£4.4M

Profit After Tax

£4.3M

0avg. employees

Balance Sheet

Assets less current liabilities-£6.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£4.0M
20220.03

Derived from filed accounts. Not audited figures.