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Adderstone (207) Limited

11566791

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

NELSON HOUSE THE FLEMING, BURDON TERRACE, NEWCASTLE UPON TYNE, NE2 3AE
Incorporated 13/09/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Raymond Shipley

director · Since 13/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 43 other boards

Mr Christopher John Francis Andrews

director · Since 02/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 13 other boards

Mr Richard Malcolme Phillips

director · Since 16/02/2026

BRITISH · UNITED KINGDOM · Age 46

Also on 36 other boards

Persons with Significant Control

Adderstone (200) Limited

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

Nelson House, The Fleming, Newcastle Upon Tyne, NE2 3AE

Reg: 12028381 · Companies House · Limited Company

Notified 01/04/2021

Former PSCs

Dr Ian Robert Baggett

Ceased 01/04/2021

Danly Limited

Ceased 01/10/2019

Royal Bank Of Canada

Ceased 01/04/2021

Charges3 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 14/03/2025Registered 19/03/2025
Charge
satisfied

HSBC UK BANK PLC

Created 28/07/2022Registered 29/07/2022Satisfied 17/03/2025
Charge
satisfied

DANLY LIMITED

Created 27/03/2019Registered 29/03/2019Satisfied 03/08/2022
Charge
satisfied

HSBC UK BANK PLC

Created 27/03/2019Registered 28/03/2019Satisfied 17/03/2025

CompanyRankvs 111281+ SIC 68100 peers
28

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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 31/03/2025

Net Worth

-£478k

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£651k

Current Liabilities

£546k

Debtors

£544k

0avg. employees

Balance Sheet

Bank loans & overdrafts£3.3M
Assets less current liabilities£7.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19-£435k
20240.13

Derived from filed accounts. Not audited figures.