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Teesworks Limited

12351851

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

Venture House, Aykley Heads, Durham, DH1 5TS
Incorporated 06/12/2019

Previously known as

South Tees Enterprise Limited · until 27/07/2020

Compliance

Last accounts

31/03/2025

medium

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/12/2025

Due 19/12/2026

On track

Industry

39000
Remediation activities and other waste management services
68209
Other letting and operating of own or leased real estate

Officers

Mr Martin Trevor Corney

director · Since 06/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 19 other boards

Mr Joseph Christopher Musgrave

director · Since 06/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 24 other boards

Mr John Graham Barnes

director · Since 13/12/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 7 other boards

Joseph Christopher Musgrave

director · Since 06/12/2019

British · England · Age 60

Martin Trevor Corney

director · Since 06/12/2019

British · England · Age 61

John Graham Barnes

director · Since 13/12/2024

British · United Kingdom · Age 49

Former

Julie Gilhespie

director · Resigned 13/12/2024

Persons with Significant Control

Dcs Industrial Limited

25–50% shares
25–50% votes

Venture House, Aykley Heads, Durham, DH1 5TS

Reg: 12332498 · Companies House · Private Company Limited By Shares

Notified 26/11/2021

Former PSCs

Northern Land Management Limited

Ceased 31/07/2020

Jc Musgrave Capital Limited

Ceased 31/07/2020

South Tees Development Corporation

Ceased 26/11/2021

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line1Venture House
2026-06-06

VENTURE HOUSE

post townDurham
2026-06-06

DURHAM

officer appointedBARNES, John Graham
2026-06-06
officer appointedCORNEY, Martin Trevor
2026-06-06
officer appointedMUSGRAVE, Joseph Christopher
2026-06-06

CompanyRankvs 15920+ SIC 39000 peers
44

Financial strength78th percentile among SIC peers · 20/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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.

Employees2/15 pts

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

Liquidity0/20 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 31/03/2022

Net Worth

£178k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£3.7M

Debtors

£3.8M

0avg. employees

Tax at Year End

Corp tax£1.6M
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2022-£6.5M
20213.25

Derived from filed accounts. Not audited figures.