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Spitalfields Works Residential Limited

14048219

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Crane Court, 302 London Road, Ipswich, IP2 0AJ
Incorporated 14/04/2022

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/04/2026

Due 27/04/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Dominic Charles David Richards

director · Since 14/04/2022

CHAIR PERSON

BRITISH · UNITED KINGDOM · Age 60

Also on 20 other boards

Dominic Charles David Richards

director · Since 14/04/2022

British · United Kingdom · Age 60

Persons with Significant Control

Spitalfields Works Limited

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

Crane Court, 302 London Road, Ipswich, IP2 0AJ

Reg: 09996618 · Uk Register Of Companies · Private Company Limited By Shares

Notified 14/04/2022

Change History

statusactive
2026-06-14

Active

typeltd
2026-06-14

Private Limited Company

address line1Crane Court
2026-06-14

CRANE COURT

post townIpswich
2026-06-14

IPSWICH

CompanyRankvs 187836+ SIC 68209 peers
39

Financial strength36th percentile among SIC peers · 9/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength9/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£21.9M

Working capital

Current Assets

£1.4M

Current Liabilities

£23.3M

Debtors

£1.4M

1avg. employees

Balance Sheet

Assets less current liabilities-£745k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.06
20230.03

Derived from filed accounts. Not audited figures.