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Westdec Ne Ltd.

11961517

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

SUITE 2.05 SWANS CENTRE FOR INNOVATION, WALLSEND, NE28 6EQ
Incorporated 24/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Derek West

director · Since 24/04/2019

DECORATOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Derek West

75–100% shares

British · England · Age 45

Suite 2.05 Swans Centre For Innovation, Station Road, Wallsend, NE28 6EQ

Notified 24/04/2019

CompanyRankvs 1727+ SIC 43341 peers
71

Financial strength80th percentile among SIC peers · 20/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.25× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£30k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£43k

Current Liabilities

£19k

Fixed Assets

£38k

Debtors

£34k

2avg. employees

Tax at Year End(2023)

Corp tax£17k

Director Loans(2023)

Company owes directors£13k

Balance Sheet

Assets less current liabilities£62k

EstimatesDerived

YearCurrent RatioImplied Profit
20252.25-£61k
20243.34+£29k
20232.41-£545
20223.32+£46k
20215.58+£14k
20200.59

Derived from filed accounts. Not audited figures.