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Eastgate Care Developments Ltd

06549810

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

C/O DAINS ACCOUNTANTS, PARK ROW, NG1 6GN
Incorporated 31/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr James William Day

secretary · Since 01/12/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 19 other boards

Mr James William Day

director · Since 01/12/2008

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 19 other boards

Persons with Significant Control

Eastgate Care Group Ltd

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

C/O, Dains Accountants, Park Row, NG1 6GN

Reg: 08513312 · Companies House · Limited Company

Notified 30/06/2016

Charges5 outstanding

Charge
outstanding

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Charge
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BARCLAYS BANK PLC

Created 11/11/2015Registered 16/11/2015Satisfied 06/04/2018
Charge
outstanding

KENNETH FALL

Created 25/09/2015Registered 28/09/2015
Charge
outstanding

LSC FINANCE LIMITED

Created 13/10/2014Registered 17/10/2014
Charge
outstanding

JLT TRUSTEES LIMITED · JAMES WILLIAM DAY

Created 06/03/2014Registered 14/03/2014
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satisfied

GOLDENTREE FINANCIAL SERVICES PLC

Created 18/05/2012Registered 23/05/2012Satisfied 04/03/2014
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CompanyRankvs 26345+ SIC 41100 peers
42

Financial strength37th percentile among SIC peers · 9/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.5× · 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 strength9/25 pts

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

Employees7/15 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

detailed within the gong concern accounting policy, the Directors’ assessment at that date of approval of these financial statements is that the virus does not create a material uncertainty as to going concern. EASTGATE CARE DEVELOPMENTS LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 - 6 - 8 Related party transactions Balances with related parties The follow

Key FinancialsYear ending 30/09/2020

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£190k

Working capital

Current Assets

£567k

Current Liabilities

£377k

Debtors

£85k

1avg. employees

Tax at Year End

Corp tax£8k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20201.50

Derived from filed accounts. Not audited figures.