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Adderstone (224) Limited

13590076

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

NELSON HOUSE THE FLEMING, JESMOND, NE2 3AE
Incorporated 27/08/2021

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 27/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 43 other boards

Mr Christopher John Francis Andrews

director · Since 15/02/2022

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, The Fleming, Jesmond, NE2 3AE

Reg: 12028381 · Companies House · Limited

Notified 27/08/2021

Charges2 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 14/03/2025Registered 19/03/2025
Charge
satisfied

HSBC UK BANK PLC

Created 28/07/2022Registered 29/07/2022Satisfied 17/03/2025
Charge
satisfied

DANLY LIMITED

Created 18/03/2022Registered 05/04/2022Satisfied 03/08/2022
Charge
satisfied

HSBC UK BANK PLC

Created 18/03/2022Registered 21/03/2022Satisfied 17/03/2025

CompanyRankvs 1863740+ SIC 68100 peers
19

Financial strength1th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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186374Adderstone (224) Limited
25
How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

-£443k

Balance sheet strength

Cash

£124k

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£283k

Current Liabilities

£373k

Debtors

£160k

0avg. employees

Balance Sheet

Bank loans & overdrafts£2.7M
Assets less current liabilities£5.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76-£297k
20240.05—

Derived from filed accounts. Not audited figures.