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Prospect Properties (Ne) Ltd

13234641

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

18 BEAUMONT DRIVE, WHITLEY BAY, NE25 9UT
Incorporated 01/03/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Martin James Barker

director · Since 01/03/2021

CONTRACTS MANAGER

BRITISH · UNITED KINGDOM · Age 41

Mr Ross Mclean

director · Since 01/03/2021

CONTRACTS MANAGER

BRITISH · UNITED KINGDOM · Age 42

Mr Nicholas Derek Shilling

director · Since 01/03/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Nicholas Derek Shilling

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

18, Beaumont Drive, Whitley Bay, NE25 9UT

Notified 01/03/2021

Mr Ross Mclean

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 42

30, Castlefields Drive, Prudhoe, NE42 5FP

Notified 01/03/2021

Mr Martin James Barker

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 41

166, New Ridley Road, Stocksfield, NE43 7EL

Notified 01/03/2021

Charges4 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 28/11/2022Registered 29/11/2022
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 19/08/2022Registered 19/08/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 30/11/2021Registered 30/11/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 30/11/2021Registered 30/11/2021

CompanyRankvs 176623+ SIC 68100 peers
15

Financial strength8th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

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.

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

-£39k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

Current Liabilities

£96k

Fixed Assets

£191k

0avg. employees

Balance Sheet

Assets less current liabilities£97k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£10k
20240.02+£241
20230.02-£42k
20220.00

Derived from filed accounts. Not audited figures.