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North East Developers Ltd

14022971

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

43 BOLINGBROKE ROAD, LUTON, LU1 5JD
Incorporated 04/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Nurudeen Olajide Abdul-Salam

director · Since 04/04/2022

SENIOR TECHNICIAN

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Former PSCs

Dr Abdulhakim Adetunji

Ceased 13/01/2026

CompanyRankvs 60525+ SIC 68100 peers
50

Financial strength8th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 115.9× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£37k

Balance sheet strength

Cash

£157k

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£157k

Current Liabilities

£1k

Debtors

£100

1avg. employees

Director Loans

Company owes directors£752

Balance Sheet

Assets less current liabilities£155k
Signed by Mr Nurudeen Olajide Abdul-Salam 19 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025115.90-£30k
2024154.39-£4k
2023368.44

Derived from filed accounts. Not audited figures.