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Omega Developments (North East) Limited

09085306

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

WELBURY HOUSE, NORTHALLERTON, DL6 2SE
Incorporated 13/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Paul Waddle

director · Since 13/06/2014

ENGINEER

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Becky Waddle

director · Since 01/09/2014

ENGINEER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Michael Paul Waddle

75–100% shares

British · England · Age 48

Welbury House, Welbury, Northallerton, DL6 2SE

Notified 13/06/2017

Charges1 outstanding

Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 26/02/2015Registered 11/03/2015

CompanyRankvs 206223+ SIC 68209 peers
26

Financial strength15th percentile among SIC peers · 4/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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206223Omega Developments (North East) Limited
36
How is this score calculated?
Financial strength4/25 pts

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

Employees3/15 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.

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 30/06/2025

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£676

Current Liabilities

£20k

Fixed Assets

£100k

0avg. employees

Balance Sheet

Assets less current liabilities£80k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03+£1k
20240.02+£3k
20230.02+£3k
20220.01—
20210.04—

Derived from filed accounts. Not audited figures.