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Westgate On Sea 1 Ltd

09826735

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 6 outstanding charges (-10)

Details

36 A WEST STREET, REIGATE, RH2 9BX
Incorporated 15/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Leslie Thomas Lucas

secretary · Since 15/10/2015

Mr Michael Thomas Lucas

director · Since 15/10/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 5 other boards

Persons with Significant Control

Lucas Design & Construction Ltd

75–100% shares
75–100% votes
Appoint directors

Ye Olde Forge, 36b West Street, Reigate, RH2 9BX

Reg: 06291740 · England · Private Limited

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

FUNDING 365 PROPERTY LIMITED

Created 04/08/2025Registered 11/08/2025
Charge
outstanding

FUNDING 365 MORTGAGES LIMITED

Created 04/08/2025Registered 11/08/2025
Charge
outstanding

FUNDING 365 PROPERTY LIMITED

Created 04/08/2025Registered 11/08/2025
Charge
outstanding

FUNDING 365 MORTGAGES LIMITED

Created 04/08/2025Registered 11/08/2025
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 12/09/2024Registered 13/09/2024
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 08/08/2024Registered 14/08/2024
Charge
satisfied

OAKNORTH BANK PLC

Created 02/07/2021Registered 05/07/2021Satisfied 29/07/2025
Charge
satisfied

OAKNORTH BANK PLC

Created 11/09/2018Registered 12/09/2018Satisfied 24/05/2019
Charge
satisfied

OAKNORTH BANK PLC

Created 27/07/2018Registered 10/08/2018Satisfied 23/07/2025
Charge
satisfied

BH NO1 LLP

Created 06/10/2017Registered 10/10/2017Satisfied 08/01/2019

CompanyRankvs 36597+ SIC 41100 peers
62

Financial strength97th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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36597Westgate On Sea 1 Ltd
51
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.

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 31/08/2024

Net Worth

£2.9M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.0M

Current Liabilities

£0

0avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity+£258k
20230.41+£463k
20220.03+£1.7M
20210.85—
20200.88—
20190.90-£225k
20181.53—

Derived from filed accounts. Not audited figures.