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West Avenue Homes Ltd

13401307

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

15 RIVERSIDE STUDIOS AMETHYST ROAD, NEWCASTLE UPON TYNE, NE4 7YL
Incorporated 16/05/2021

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
68320
Management of real estate on a fee or contract basis

Officers

Miss Sheila Margaret Armstrong

director · Since 16/05/2021

DIRECTOR

AMERICAN · UNITED KINGDOM · Age 62

Also on 4 other boards

Persons with Significant Control

Gosforth Estates Group Ltd

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

15 Riverside Studios, Amethyst Road, Newcastle Upon Tyne, NE4 7YL

Reg: 13399293 · Uk Register Of Companies · Private Company Limited By Shares

Notified 16/05/2021

Charges4 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 16/06/2023Registered 20/06/2023
Charge
outstanding

PARAGON BANK PLC

Created 26/05/2023Registered 26/05/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 27/01/2023Registered 31/01/2023
Charge
outstanding

PARAGON BANK PLC

Created 10/06/2022Registered 15/06/2022

CompanyRankvs 20573+ SIC 68100 peers
56

Financial strength93th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.36× · 20/20
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 strength23/25 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.

Liquidity20/20 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 31/05/2025

Net Worth

£537k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£10k

Current Liabilities

£2k

Fixed Assets

£2.8M

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£2.8M

EstimatesDerived

YearCurrent RatioImplied Profit
20254.36-£3k
202449.93+£334k
202353.77+£172k

Derived from filed accounts. Not audited figures.