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Sea Island Developments (Spalding) Limited

13952721

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

101 PERCY STREET, NEWCASTLE UPON TYNE, NE1 7RY
Incorporated 03/03/2022

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 02/03/2026

Due 16/03/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Mark Adam Walton

director · Since 03/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 19 other boards

Persons with Significant Control

Sea Island Developments Limited

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

West 2, Asama Court, Newcastle Upon Tyne, NE4 7YD

Reg: 10428591 · Companies House · Limited Company

Notified 03/03/2022

CompanyRankvs 132287+ SIC 68100 peers
27

Financial strength10th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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132287Sea Island Developments (Spalding) Limited
33
How is this score calculated?
Financial strength3/25 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.

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.

Longevity4/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The directors of the company are satisfied that there are no material uncertainties concerning the company's ability to continue as a going concern for a period of at least 12 months fro

Key FinancialsYear ending 30/04/2025

Net Worth

-£28k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.1M

Debtors

£45k

1avg. employees

Balance Sheet

Assets less current liabilities-£28k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98-£1k
20240.89-£25k
20230.99—

Derived from filed accounts. Not audited figures.