Back to search

35 Albert Rd Development Ltd

15354351

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

40 WARTON TERRACE, NEWCASTLE UPON TYNE, NE6 5LS
Incorporated 15/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Christopher John Henry

director · Since 15/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Mr Christopher Paton

director · Since 15/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 16 other boards

Persons with Significant Control

35 Albert Rd Ltd

75–100% shares
75–100% votes

40, Warton Terrace, Newcastle Upon Tyne, NE6 5LS

Reg: 15273843 · Register Of Companies · Limited Company

Notified 15/12/2023

Mr Christopher Paton

Significant control

British · England · Age 41

40, Warton Terrace, Newcastle Upon Tyne, NE6 5LS

Notified 15/12/2023

Mr Christopher John Henry

Significant control

British · England · Age 64

40, Warton Terrace, Newcastle Upon Tyne, NE6 5LS

Notified 15/12/2023

Charges1 outstanding

Charge
outstanding

EMPOWERED TRUSTEES LTD

Created 24/01/2024Registered 25/01/2024

CompanyRankvs 49409+ SIC 41100 peers
34

Financial strength15th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 64.88× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 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.

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.

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 31/12/2024

Net Worth

-£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.3M

Current Liabilities

£21k

0avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
202464.88

Derived from filed accounts. Not audited figures.