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Westan Properties Limited

05977251

active
ltd
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

Amelia House, Crescent Road, Worthing, BN11 1QR
Incorporated 25/10/2006

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 25/10/2025

Due 08/11/2026

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mrs Elaine Jeanette Spence

secretary · Since 25/10/2006

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Mrs Elaine Jeanette Spence

director · Since 25/10/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Mr Michael William Ralph Spence

director · Since 25/10/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Mrs Natalie Jane Rowland

director · Since 03/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Wesley James Spence

director · Since 03/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Elaine Jeanette Spence

secretary · Since 25/10/2006

British

Elaine Jeanette Spence

director · Since 25/10/2006

British · United Kingdom · Age 74

Michael William Ralph Spence

director · Since 25/10/2006

British · United Kingdom · Age 74

Natalie Jane Rowland

director · Since 03/04/2017

British · England · Age 43

Wesley James Spence

director · Since 03/04/2017

British · England · Age 46

Persons with Significant Control

Westan Holdings Limited

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

Amelia House, Crescent Road, Worthing, BN11 1QR

Reg: 14926934 · Companies House · Private Company Limited By Shares

Notified 11/07/2023

Former PSCs

Mr Michael William Ralph Spence

Ceased 11/07/2023

Mrs Elaine Jeanette Spence

Ceased 11/07/2023

Charges2 outstanding

Charge
outstanding

YORKSHIRE BUILDING SOCIETY

Created 25/11/2021Registered 26/11/2021
Charge
satisfied

METRO BANK PLC OF ONE SOUTHAMPTON ROW, LONDON, WC1B 5HA

Created 17/08/2016Registered 19/08/2016Satisfied 15/03/2022
Charge
outstanding

METRO BANK PLC OF ONE SOUTHAMPTON ROW, LONDON, WC1B 5HA

Created 17/08/2016Registered 19/08/2016

Change History

statusactive
2026-07-28

Active

typeltd
2026-07-28

Private Limited Company

address line1Amelia House
2026-07-28

AMELIA HOUSE

post townWorthing
2026-07-28

WORTHING

officer appointedSPENCE, Elaine Jeanette
2026-07-28
officer appointedROWLAND, Natalie Jane
2026-07-28
officer appointedSPENCE, Elaine Jeanette
2026-07-28
officer appointedSPENCE, Michael William Ralph
2026-07-28
officer appointedSPENCE, Wesley James
2026-07-28

CompanyRankvs 971+ SIC 68201 peers
59

Financial strength96th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.51× · 16/20
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 strength24/25 pts

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

Employees9/15 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

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

#160; Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover represents rents and management fees recognised on an accruals basis. 1.4 Tangible fixed assets Tangi

Key FinancialsYear ending 31/10/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

£340k

Working capital

Current Assets

£1.0M

Current Liabilities

£664k

Fixed Assets

£3.0M

Debtors

£960k

1avg. employees

Balance Sheet

Assets less current liabilities£3.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51-£967k
20230.03

Derived from filed accounts. Not audited figures.