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North East Lets Ltd

12683066

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

JOHN BUDDLE WORKS VILLAGE, NEWCASTLE UPON TYNE, NE4 8AW
Incorporated 19/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Anthony Bulmer

director · Since 19/06/2020

MANAGER

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Paul Richard Dorney

director · Since 21/10/2020

GENERAL MANAGER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Anthony Bulmer

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 54

40, Slatyford Lane, Newcastle Upon Tyne, NE5 2UQ

Notified 19/06/2020

Mr Paul Richard Dorney

25–50% shares
25–50% votes

British · England · Age 50

John Buddle Works Village, Buddle Road, Newcastle Upon Tyne, NE4 8AW

Notified 13/03/2023

Charges1 outstanding

Charge
outstanding

BANK OF SCOTLAND PLC, BIRMINGHAM MIDSHIRES DIVISION

Created 26/08/2025Registered 01/09/2025

CompanyRankvs 3902+ SIC 68201 peers
47

Financial strength83th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength21/25 pts

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

Employees15/15 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.

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 30/06/2025

Net Worth

£84k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

Current Liabilities

£20k

Fixed Assets

£886k

4avg. employees+4

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£871k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£12k
2024+£40k
20231.07
20220.00

Derived from filed accounts. Not audited figures.