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Westcott News (North East) Ltd

11222278

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2 WESTCOTT AVENUE, SOUTH SHIELDS, NE33 3AY
Incorporated 23/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Jeffrey Raine

director · Since 23/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mrs Sharon Raine

director · Since 23/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Jeffrey Raine

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

British · United Kingdom · Age 60

2 Westcott Avenue, South Shields, NE33 3AY

Notified 23/02/2018

Mrs Sharon Raine

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

British · United Kingdom · Age 57

2 Westcott Avenue, South Shields, NE33 3AY

Notified 23/02/2018

CompanyRankvs 2005+ SIC 47190 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 12.2× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

Longevity8/15 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.

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

£210k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£178k

Working capital

Current Assets

£194k

Current Liabilities

£16k

Fixed Assets

£56k

2avg. employees

Balance Sheet

Assets less current liabilities£234k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
202512.20+£25k
202428.91+£24k
202321.05+£11k
202218.03+£67k
20218.30

Derived from filed accounts. Not audited figures.