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Blue Line Processing Ltd

11830971

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

31-35 SYCAMORE STREET, WALLSEND, NE28 6TH
Incorporated 18/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mrs Jane Bell

director · Since 18/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 16 other boards

Mr Ian Gordon Shanks

director · Since 18/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 19 other boards

Mr Paul Thomas Shanks

director · Since 18/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 16 other boards

Persons with Significant Control

Mr Paul Thomas Shanks

25–50% shares
25–50% votes

British · United Kingdom · Age 65

31-35, Sycamore Street, Wallsend, NE28 6TH

Notified 18/02/2019

Mrs Jane Bell

25–50% shares
25–50% votes

British · United Kingdom · Age 68

31-35, Sycamore Street, Wallsend, NE28 6TH

Notified 18/02/2019

Mr Ian Gordon Shanks

25–50% shares
25–50% votes

British · England · Age 62

31-35, Sycamore Street, Wallsend, NE28 6TH

Notified 18/02/2019

CompanyRankvs 428+ SIC 49320 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.88× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity7/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 28/02/2025

Net Worth

£662k

Balance sheet strength

Cash

£706k

Cash in the bank

Net Current Assets

£662k

Working capital

Current Assets

£774k

Current Liabilities

£113k

Debtors

£64k

3avg. employees
Signed by Mr I Shanks,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.88+£176k
202410.45+£184k
202310.12+£185k
202232.24+£73k
20201.00

Derived from filed accounts. Not audited figures.