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Atlantic Way Developments Limited

15072815

active
Private Limited Company
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

SEAVIEW BUSINESS CENTRE, REDCAR, TS10 1AZ
Incorporated 15/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Dean Heslop

director · Since 15/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 11 other boards

Mr Darryl Joseph Mcdermott

director · Since 15/08/2023

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Darryl Mcdermott

25–50% votes

Irish · Northern Ireland · Age 37

6, Bayview Terrace, Derry, BT48 7EE

Notified 09/05/2025

Mr Conal George Long

25–50% shares

Irish · Northern Ireland · Age 39

Seaview Business Centre, Turner Street, Redcar, TS10 1AZ

Notified 09/05/2025

Mr Dean Heslop

25–50% shares

English · England · Age 36

Seaview Business Centre, Turner Street, Redcar, TS10 1AZ

Notified 09/05/2025

Mr Deaglan Long

25–50% shares

Irish · Northern Ireland · Age 36

Seaview Business Centre, Turner Street, Redcar, TS10 1AZ

Notified 09/05/2025

Former PSCs

Adastra Corporation Limited

Ceased 09/05/2025

Storkey Property Development Ltd

Ceased 09/05/2025

CompanyRankvs 109110+ SIC 68100 peers
43

Financial strength64th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.98× · 6/20
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 strength16/25 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.

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 31/08/2024

Net Worth

£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£383k

Current Liabilities

£391k

0avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.98

Derived from filed accounts. Not audited figures.