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Adderstone (221) Limited

12995165

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

NELSON HOUSE THE FLEMING, JESMOND, NE2 3AE
Incorporated 04/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 13/02/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 43 other boards

Miss Kathryn Anne Grant

director · Since 16/02/2026

BRITISH · UNITED KINGDOM · Age 53

Also on 9 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 Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Nelson House, The Fleming, Newcastle Upon Tyne, NE2 3AE

Reg: 14032542 · Companies House · Limited Company

Notified 30/09/2022

Former PSCs

Dr Ian Robert Baggett

Ceased 30/09/2022

Charges0 outstanding

Charge
satisfied

ATOM BANK PLC

Created 16/04/2021Registered 20/04/2021Satisfied 01/07/2025
Charge
satisfied

ATOM BANK PLC

Created 16/04/2021Registered 20/04/2021Satisfied 01/07/2025

CompanyRankvs 528400+ SIC 68100 peers
50

Financial strength58th percentile among SIC peers · 14/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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.

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

£2k

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£90k

Current Liabilities

£74k

Debtors

£8k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.4M
Assets less current liabilities£2.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.21-£38k
20240.40-£126k
20220.64

Derived from filed accounts. Not audited figures.