Back to search

Principle Properties North East Limited

14510226

active
ltd
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

37 Queensway, North Shields, NE30 4NB
Incorporated 28/11/2022

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 22/01/2026

Due 05/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Harry Joseph Keeton

director · Since 28/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Mrs Qiao Xie

director · Since 28/11/2022

DIRECTOR

CHINESE · UNITED KINGDOM · Age 39

Also on 2 other boards

Harry Joseph Keeton

director · Since 28/11/2022

British · United Kingdom · Age 31

Qiao Xie

director · Since 28/11/2022

Chinese · United Kingdom · Age 39

Persons with Significant Control

Mrs Qiao Xie

25–50% shares
25–50% votes
Appoint directors

Chinese · United Kingdom · Age 39

1, Beatty Avenue, Newcastle Upon Tyne, NE2 3QN

Notified 28/11/2022

Mr Harry Joseph Keeton

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 31

37, Queensway, North Shields, NE30 4NB

Notified 28/11/2022

Charges3 outstanding

Charge
outstanding

MONMOUTHSHIRE BUILDING SOCIETY

Created 18/02/2025Registered 10/03/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 16/06/2023Registered 21/06/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 13/04/2023Registered 20/04/2023

Change History

officer appointed → KEETON, Harry Joseph
2026-08-14
officer appointed → XIE, Qiao
2026-08-14
status → active
2026-08-14

Active

type → ltd
2026-08-14

Private Limited Company

address line1 → 37 Queensway
2026-08-14

37 QUEENSWAY

post town → North Shields
2026-08-14

NORTH SHIELDS

CompanyRankvs 143919+ SIC 68209 peers
37

Financial strength18th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.67× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength5/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2025

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£11k

Current Liabilities

£4k

Fixed Assets

£419k

0avg. employees

Balance Sheet

Assets less current liabilities£429k
Prepared with v2026.32.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20252.67+£626
20242.72-£1k
20232.37—

Derived from filed accounts. Not audited figures.