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North Shields Holdings Limited

11314510

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE THREE SAILS, NORTH SHIELDS, NE29 9PU
Incorporated 17/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56301
Licensed clubs

Officers

Mr John James Farrage

director · Since 17/04/2018

ENGINEER

BRITISH · UNITED KINGDOM · Age 71

Mr Dennis Scarth

director · Since 17/04/2018

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Mark Barton

director · Since 01/07/2020

FIREFIGHTER

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr John James Farrage

Significant control

British · United Kingdom · Age 71

The Three Sails, Preston Road, North Shields, NE29 9PU

Notified 17/04/2018

Mr Dennis Scarth

Significant control

British · United Kingdom · Age 59

The Three Sails, Preston Road, North Shields, NE29 9PU

Notified 17/04/2018

Mr Mark Barton

Significant control

British · England · Age 54

The Three Sails, Preston Road, North Shields, NE29 9PU

Notified 22/07/2020

Former PSCs

Mr Lindsay James Coulthard

Ceased 29/02/2024

CompanyRankvs 1037+ SIC 56301 peers
42

Financial strength19th percentile among SIC peers · 5/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength5/25 pts

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

Employees12/15 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.

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 31/05/2021

Net Worth

-£14k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£10k

Current Liabilities

£35k

Fixed Assets

£12k

Debtors

£1k

8avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent Ratio
20210.29

Derived from filed accounts. Not audited figures.