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North East Tippers Limited

08897724

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THISTLE ROAD LITTLEBURN INDUSTRIAL ESTATE, DURHAM, DH7 8HJ
Incorporated 17/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Michael Barron

director · Since 24/11/2016

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Michael Barron

Significant control

British · England · Age 39

Thistle Road, Littleburn Industrial Estate, Durham, DH7 8HJ

Notified 03/07/2018

Former PSCs

Mr Frederick John Barron

Ceased 03/07/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 19/07/2019Registered 19/07/2019
Charge
outstanding

LLOYDS BANK PLC

Created 09/07/2019Registered 09/07/2019

CompanyRankvs 6802+ SIC 49410 peers
62

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£757k

Balance sheet strength

Cash

£371k

Cash in the bank

Net Current Assets

-£521k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.7M

Fixed Assets

£3.0M

Debtors

£821k

48avg. employees-2

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70+£69k
20240.87+£194k
20231.23+£272k
20221.17+£4k
20211.07

Derived from filed accounts. Not audited figures.