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Promenade Park Properties Limited

14394618

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

THE OLD SCHOOL, SUNDERLAND, SR4 6DR
Incorporated 03/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Richard Grahame Marsden

director · Since 03/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 9 other boards

Mr Michael Edwards Hewitson

director · Since 06/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Richard Grahame Marsden

50–75% shares
50–75% votes

British · England · Age 40

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

Charges2 outstanding

Charge
outstanding

NORTH EAST LEP COMMERCIAL PROPERTY INVESTMENT LIMITED PARTNERSHIP

Created 15/12/2025Registered 02/01/2026
Charge
outstanding

NORTH EAST LEP COMMERCIAL PROPERTY INVESTMENT LIMITED PARTNERSHIP

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

CompanyRankvs 132590+ SIC 68100 peers
18

Financial strength41th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.97× · 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

are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts The company was dormant throughout the prior period. 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 t

Key FinancialsYear ending 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£781

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£139k

Current Liabilities

£144k

Debtors

£20k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.97

Derived from filed accounts. Not audited figures.