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Promenade Park Properties Limited

14394618

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

The Old School, Simpson Street, Sunderland, SR4 6DR
Incorporated 03/10/2022

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Richard Grahame Marsden

director · Since 03/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 9 other boards

Mr Michael Edwards Hewitson

director · Since 06/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 66

Richard Grahame Marsden

director · Since 03/10/2022

British · England · Age 41

Michael Edwards Hewitson

director · Since 06/06/2025

British · England · Age 66

Former

Philip Gibbs

director · Resigned 03/07/2023

David John Salkeld

director · Resigned 03/10/2023

Diane Dent

director · Resigned 07/05/2025

David Ian Dent

director · Resigned 07/05/2025

Persons with Significant Control

Mr Richard Grahame Marsden

50–75% shares
50–75% votes

British · England · Age 41

The Old School, Simpson Street, Sunderland, SR4 6DR

Notified 03/10/2022

Hewitson Group Ltd

25–50% shares

Teesside Grange, Eaglescliffe, Stockton-On-Tees, TS16 0QH

Reg: 10011832 · Companies House · Private Limited Company

Notified 06/06/2025

Former PSCs

Mr Philip Gibbs

Ceased 03/07/2023

Mrs Diane Dent

Ceased 07/05/2025

Charges1 outstanding

A registered charge
outstanding

North East Lep Commercial Property Investment Limited Partnership

Created 15/12/2025Registered 17/12/2025

Change History

statusactive
2026-08-16

Active

typeltd
2026-08-16

Private Limited Company

address line1The Old School
2026-08-16

THE OLD SCHOOL

post townSunderland
2026-08-16

SUNDERLAND

officer appointedHEWITSON, Michael Edwards
2026-08-16
officer appointedMARSDEN, Richard Grahame
2026-08-16

CompanyRankvs 134581+ SIC 68100 peers
18

Financial strength41th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength10/25 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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. Going concern The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on

Key FinancialsYear ending 31/10/2025

Net Worth

£100

Balance sheet strength

Cash

£459

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£431k

Current Liabilities

£451k

Debtors

£23k

0avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.96
20240.97

Derived from filed accounts. Not audited figures.