Transform North East Ltd
08118780
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2024
micro entity
Next accounts due
25/09/2026
Confirmation statement
Last: 26/06/2025
Due 10/07/2026
Industry
Officers
director · Since 26/06/2012
MECHANICAL AMINTENANCE ENGINEER
BRITISH · UNITED KINGDOM · Age 46
Persons with Significant Control
Mr Andrew Ritson
British · United Kingdom · Age 46
Office 0-3-5, The Grainger Suite, Regent Centre, NE3 3PF
Notified 27/06/2016
Former PSCs
Mrs Claire Ritson
Ceased 20/06/2023
CompanyRankvs 22897+ SIC 43210 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
£142
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£17k
Working capital
Current Assets
£61k
Current Liabilities
£78k
Fixed Assets
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | — |
| 2024 | 0.46 | +£27k |
| 2023 | 0.43 | — |
Derived from filed accounts. Not audited figures.