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Adderstone (223) Limited

13196002

active
Private Limited Company
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, JESMOND, NE2 3AE
Incorporated 11/02/2021

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 11/02/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 43 other boards

Mr Christopher John Francis Andrews

director · Since 26/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 7 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, Burdon Terrace, Newcastle Upon Tyne, NE2 3AE

Reg: 12028381 · Companies House · Limited Company

Notified 28/07/2021

Former PSCs

Dr Ian Robert Baggett

Ceased 28/07/2021

Charges2 outstanding

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outstanding

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DANLY LIMITED

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CompanyRankvs 700680+ SIC 68100 peers
36

Financial strength82th percentile among SIC peers · 21/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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70068Adderstone (223) Limited
46
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.

Employees3/15 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 31/03/2025

Net Worth

£73k

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

-£205k

Working capital

Current Assets

£132k

Current Liabilities

£337k

Debtors

£13k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.5M
Assets less current liabilities£3.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£218k
20240.04—

Derived from filed accounts. Not audited figures.