Back to search

Shearwater Properties (North East) Limited

09783716

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

52 BROADFIELD MEADOWS, NEWCASTLE UPON TYNE, NE13 8BD
Incorporated 18/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Brian Anthony Burke

director · Since 18/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Mrs Cheri-Anne Burke

director · Since 12/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Brian Anthony Burke

75–100% shares

British · England · Age 63

52, Broadfield Meadows, Newcastle Upon Tyne, NE13 8BD

Notified 01/07/2016

Charges2 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 13/10/2023Registered 30/10/2023
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 13/10/2023Registered 25/10/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/02/2017Registered 11/02/2017Satisfied 04/02/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/01/2017Registered 04/01/2017Satisfied 04/02/2026

CompanyRankvs 4567+ SIC 41201 peers
61

Financial strength91th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 12.03× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 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

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

£403k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£252k

Working capital

Current Assets

£275k

Current Liabilities

£23k

Debtors

£205k

0avg. employees-1

Tax at Year End

Corp tax£9k

Balance Sheet

Assets less current liabilities£993k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202512.03+£40k
20249.65+£27k
20231.12+£69k
2022+£71k
2021+£41k
2020+£56k

Derived from filed accounts. Not audited figures.