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The Exchange 1856 Limited

14749618

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

The Exchange 1856 Howard Street, North Shields, NE30 1SE
Incorporated 22/03/2023

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

90040
Operation of arts facilities

Officers

Paul Malcolm Stonebanks

director · Since 22/03/2023

British · United Kingdom · Age 50

Persons with Significant Control

Mr Paul Malcolm Stonebanks

75–100% shares

British · United Kingdom · Age 50

The Exchange 1856, Howard Street, North Shields, NE30 1SE

Notified 22/03/2023

Change History

statusactive
2026-05-10

Active

typeltd
2026-05-10

Private Limited Company

address line1The Exchange 1856 Howard Street
2026-05-10

THE EXCHANGE 1856

post townNorth Shields
2026-05-10

NORTH SHIELDS

officer appointedSTONEBANKS, Paul Malcolm
2026-05-10

CompanyRankvs 2577+ SIC 90040 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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.

Longevity3/15 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 31/08/2025

Net Worth

-£288k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£172k

Working capital

Current Assets

£122k

Current Liabilities

£294k

Fixed Assets

£1.2M

Debtors

£82k

19avg. employees

Balance Sheet

Assets less current liabilities£979k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41+£0
20250.41+£0
20250.41+£20k
20240.39

Derived from filed accounts. Not audited figures.

Filing History8 filings

Confirmation statement

confirmation statement with no updates

23/03/20263 pages · PDF
Accounts filed

accounts with accounts type total exemption full

17/02/20269 pages · PDF
Confirmation statement

confirmation statement with no updates

01/05/20253 pages · PDF
Accounts filed

accounts with accounts type total exemption full

02/12/202410 pages · PDF
Confirmation statement

confirmation statement with no updates

19/03/20243 pages · PDF
Accounts date changed

change account reference date company current extended

04/03/20241 page · PDF
Address changed

change registered office address company with date old address new address

04/01/20241 page · PDF
Incorporated

incorporation company

22/03/202310 pages · PDF