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Stephenson Rocket Limited

08175428

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Health Score
46 / 100

Notable Risks

10/30
Filing
0/30
Financial
36/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

Boiler Shop, 20 South Street, Newcastle Upon Tyne, NE1 3PE
Incorporated 10/08/2012

Previously known as

Timec 1374 Limited · until 02/10/2012

Compliance

Last accounts

31/12/2023

small

Next accounts due

28/03/2026

Overdue

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

41100
Development of building projects

Officers

Richard Donald Carr Clouston

director · Since 02/10/2012

British · England · Age 48

William David Clouston

director · Since 29/11/2017

British · United Kingdom · Age 80

Former

Andrew John Davison

director · Resigned 02/10/2012

Muckle Secretary Limited

corporate secretary · Resigned 02/10/2012

William David Clouston

director · Resigned 15/07/2013

Pamela Fry Clouston

director · Resigned 15/07/2013

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

50–75% shares

British · United Kingdom · Age 80

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

Notified 01/06/2016

Charges2 outstanding

Charge
outstanding

WILLIAM DAVID CLOUSTON

Created 09/08/2013Registered 15/08/2013
Charge
outstanding

THE COUNCIL OF THE CITY OF NEWCASTLE UPON TYNE

Created 22/04/2013Registered 30/04/2013

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Boiler Shop
2026-06-04

BOILER SHOP

post townNewcastle Upon Tyne
2026-06-04

NEWCASTLE UPON TYNE

officer appointedCLOUSTON, Richard Donald Carr
2026-06-04
officer appointedCLOUSTON, William David
2026-06-04

CompanyRankvs 86052+ SIC 41100 peers
3

Financial strength0th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceOne filing overdue · 5/15
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.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operatio

Key FinancialsYear ending 31/12/2022

Turnover

£730k

Annual revenue

Net Worth

-£3.3M

Balance sheet strength

Cash

£278k

Cash in the bank

Profit Before Tax

-£567k

Bottom line earnings

Net Current Assets

-£3.3M

Working capital

Current Assets

£338k

Current Liabilities

£3.7M

Debtors

£60k

Cost of Sales

£799k

Gross Profit

-£69k

Admin Expenses

£348k

Operating Profit

-£418k

Profit After Tax

-£567k

0avg. employees

Balance Sheet

Assets less current liabilities-£3.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20220.09

Derived from filed accounts. Not audited figures.