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Decadeon Holdings Limited

09510029

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

54 PORTLAND HOUSE, NEWCASTLE UPON TYNE, NE1 8AP
Incorporated 25/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Steven Hart

director · Since 25/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Mr Paul John Ponton

director · Since 25/03/2015

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Mark Andrew Trett

director · Since 25/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Mr Steven Hart

secretary · Since 16/07/2015

Also on 1 other board

Mr William Charles Palmer

director · Since 18/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Persons with Significant Control

Palmer Hart Limited

25–50% shares
25–50% votes

Portland House, 54 New Bridge Street West, Newcastle Upon Tyne, NE1 8AP

Reg: 14985921 · Companies House · Private Limited Company

Notified 15/01/2024

Ponts Investment Limited

25–50% shares
25–50% votes

Portland House, 54 New Bridge Street West, Newcastle, NE1 8AP

Reg: 14985957 · Companies House · Private Limited Company

Notified 15/01/2024

Trett Investment Holdings Limited

25–50% shares
25–50% votes

Portland House, 54 New Bridge Street West, Newcastle, NE1 8AP

Reg: 14985963 · Companies House · Private Limited Company

Notified 15/01/2024

Former PSCs

Mr William Charles Palmer

Ceased 15/01/2024

Mr Paul John Ponton

Ceased 06/04/2016

Mark Andrew Trett

Ceased 06/04/2016

Mr William Charles Palmer

Ceased 18/09/2018

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/02/2018Registered 02/02/2018
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 10/02/2016Registered 11/02/2016

CompanyRankvs 16074+ SIC 70100 peers
11

Financial strength3th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Longevity11/15 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

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

-£154k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

-£779k

Working capital

Current Assets

£2k

Current Liabilities

£781k

Fixed Assets

£1.3M

Debtors

£1

Cost of Sales

£21.0M

Admin Expenses

£3.3M

Profit After Tax

£334k

0avg. employees

Tax at Year End

Corp tax£183k
Dividends paid-£1.4M

People Costs

Wages & salaries£11.0M

Balance Sheet

Intangible assets£69k
Assets less current liabilities£499k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.00
20230.06
20210.00
20190.01
20180.01

Derived from filed accounts. Not audited figures.