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Northumberland Accountants Limited

08765600

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

RUSSELL HOUSE, ALNWICK, NE66 1HB
Incorporated 07/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Michael William Reed

director · Since 07/11/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Persons with Significant Control

Mr Michael William Reed

75–100% shares

British · United Kingdom · Age 62

Russell House, Greenwell Road, Alnwick, NE66 1HB

Notified 06/04/2016

CompanyRankvs 6323+ SIC 69201 peers
74

Financial strength81th percentile among SIC peers · 20/25
Employees96th percentile among SIC peers · 14/15
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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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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 30/11/2024

Net Worth

£56k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£160k

Current Liabilities

£126k

Fixed Assets

£21k

11avg. employees

Balance Sheet

Total assets£182k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£6k
20231.22+£5k
20221.16+£6k
20211.05-£12k
20201.24+£19k
20190.91-£7k
20181.80

Derived from filed accounts. Not audited figures.