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Adderstone (216 Com) Limited

12406738

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

NELSON HOUSE THE FLEMING, NEWCASTLE UPON TYNE, NE2 3AE
Incorporated 16/01/2020

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

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 16/01/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 43 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 23/06/2021

Former PSCs

Dr Ian Robert Baggett

Ceased 23/06/2021

Charges2 outstanding

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CompanyRankvs 56422+ SIC 68100 peers
45

Financial strength98th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees3/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

£2.8M

Balance sheet strength

Cash

£367k

Cash in the bank

Net Current Assets

-£74k

Working capital

Current Assets

£779k

Current Liabilities

£853k

Debtors

£412k

0avg. employees

Balance Sheet

Bank loans & overdrafts£3.9M
Assets less current liabilities£8.6M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£545k
20240.56

Derived from filed accounts. Not audited figures.