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Westway Developments (North East) Limited

06174097

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

F20 WILLOW COURT, GATESHEAD, NE11 0RU
Incorporated 20/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Stephen Hamilton

secretary · Since 27/03/2007

LOCAL SOVCILIST OFFICER

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr Stephen Hamilton

director · Since 27/03/2007

LOCAL SOVCILIST OFFICER

BRITISH · UNITED KINGDOM · Age 62

Also on 2 other boards

Mr Jonathan Robert Watkins

director · Since 27/03/2007

STRUCTURER ENGINEER

BRITISH · UNITED KINGDOM · Age 67

Also on 2 other boards

Persons with Significant Control

Mr John Robert Watkins

25–50% shares

British · United Kingdom · Age 67

16, Lintzford Gardens, Newcastle Upon Tyne, NE15 7SW

Notified 06/04/2017

Mr Stephen Hamilton

25–50% shares

British · United Kingdom · Age 62

38, Ettrick Road, Jarrow, NE32 5SN

Notified 06/04/2017

Charges3 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 25/05/2021Registered 27/05/2021
Charge
outstanding

PARAGON BANK PLC

Created 30/01/2019Registered 31/01/2019
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 17/01/2014Registered 24/01/2014

CompanyRankvs 23110+ SIC 68100 peers
54

Financial strength74th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£837k

Working capital

Current Assets

£837k

Current Liabilities

£811k

0avg. employees

Balance Sheet

Assets less current liabilities£837k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.03+£5k
20240.98-£29k
20230.97

Derived from filed accounts. Not audited figures.