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Nextgen Developments Ltd

13081501

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

7 RICHMOND TERRACE, GATESHEAD, NE8 1RN
Incorporated 15/12/2020

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

26/09/2026

On track

Confirmation statement

Last: 14/12/2025

Due 28/12/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Michael Dunner

secretary · Since 15/12/2020

Also on 9 other boards

Mr Michael Dunner

director · Since 15/12/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 9 other boards

Persons with Significant Control

Mr Michael Dunner

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

British · England · Age 37

7, Richmond Terrace, Gateshead, NE8 1RN

Notified 15/12/2020

Charges24 outstanding

Charge
outstanding

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ALDERMORE BANK PLC

Created 03/10/2025Registered 06/10/2025
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ALDERMORE BANK PLC

Created 09/06/2025Registered 10/06/2025
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SHAWBROOK BANK LIMITED

Created 24/01/2025Registered 29/01/2025
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SHAWBROOK BANK LIMITED

Created 06/08/2024Registered 06/08/2024
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outstanding

SHAWBROOK BANK LIMITED

Created 19/03/2024Registered 20/03/2024
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outstanding

SHAWBROOK BANK LIMITED

Created 15/12/2023Registered 17/12/2023
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 03/11/2023Registered 03/11/2023
Charge
outstanding

SHAWBROOK BANK LIMITED (CRN: 00388466) LUTEA HOUSE THE DRIVE, WARLEY HILL BUSINESS PARK, GREAT

Created 15/09/2023Registered 19/09/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 11/07/2023Registered 12/07/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 31/05/2023Registered 01/06/2023
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 15/03/2023Registered 16/03/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 07/11/2022Registered 08/11/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 07/11/2022Registered 08/11/2022
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 21/10/2022Registered 21/10/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 09/09/2022Registered 13/09/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 02/09/2022Registered 05/09/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 23/05/2022Registered 23/05/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 23/05/2022Registered 23/05/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 17/05/2022Registered 17/05/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 22/02/2022Registered 22/02/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 21/12/2021Registered 22/12/2021

CompanyRankvs 50623+ SIC 68100 peers
43

Financial strength86th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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50623Nextgen Developments Ltd
53
How is this score calculated?
Financial strength22/25 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.

Liquidity2/20 pts

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

Longevity5/15 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 31/12/2024

Net Worth

£134k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£429k

Working capital

Current Assets

£137k

Current Liabilities

£566k

Fixed Assets

£2.3M

1avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Signed by 13081501 2024-01-01 2024-12-31 13081501 2024-12-31 13081501 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£58k
20230.19+£33k
20220.08+£29k
20210.07—

Derived from filed accounts. Not audited figures.