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North East Chemicals Limited

08749526

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

334 STAMFORDHAM ROAD, NEWCASTLE UPON TYNE, NE5 2LD
Incorporated 25/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46750
Wholesale of chemical products

Officers

Mr Ajeet Chadda

director · Since 16/12/2024

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mrs Kanchan Chadda

director · Since 16/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Mrs Kanchan Chadda

25–50% shares
25–50% votes

British · United Kingdom · Age 43

1, Highfield Road, Newcastle Upon Tyne, NE5 5HS

Notified 16/12/2024

Mr Ajeet Chadda

25–50% shares
25–50% votes

British · United Kingdom · Age 44

1, Highfield Road, Newcastle Upon Tyne, NE5 5HS

Notified 16/12/2024

Former PSCs

Mrs Sandra Welsh

Ceased 16/12/2024

Mr Thomas Welsh

Ceased 16/12/2024

CompanyRankvs 627+ SIC 46750 peers
62

Financial strength47th percentile among SIC peers · 12/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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627North East Chemicals Limited
61
How is this score calculated?
Financial strength12/25 pts

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

Employees10/15 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.

Longevity13/15 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.

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

Key FinancialsYear ending 16/12/2024

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£116k

Current Liabilities

£91k

2avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£32k
20231.07-£54k
20221.00+£13k
20211.27+£5k
20201.23-£14k
20191.10+£19k
20181.07—

Derived from filed accounts. Not audited figures.